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Title 38 — Veterans' BenefitsRelease 119-73

§8116 Nursing home revolving fund

Title 38 › Part PART VI— - ACQUISITION AND DISPOSITION OF PROPERTY › Chapter CHAPTER 81— - ACQUISITION AND OPERATION OF HOSPITAL AND DOMICILIARY FACILITIES; PROCUREMENT AND SUPPLY; ENHANCED-USE LEASES OF REAL PROPERTY › Subchapter SUBCHAPTER I— - ACQUISITION AND OPERATION OF MEDICAL FACILITIES › § 8116

Last updated Apr 6, 2026|Official source

Summary

Money moved under section 8122(a)(2)(C) must be kept in a revolving fund that does not expire each fiscal year. The fund must be kept in a checking account with the Treasurer of the United States. The money can only be spent, and only as Congress approves, to build, change, or buy nursing home facilities (including the land). Any bill that allows spending over $2,000,000 on such a project is treated as an appropriation for a major medical facility project under section 8104(a)(2).

Full Legal Text

Title 38, §8116

Veterans' Benefits — Source: USLM XML via OLRC

(a)(1)Amounts realized from a transfer pursuant to section 8122(a)(2)(C) 11 See References in Text note below. of this title shall be administered as a revolving fund and shall be available without fiscal year limitation.
(2)The revolving fund shall be deposited in a checking account with the Treasurer of the United States.
(b)(1)The expenditure of funds from the revolving fund may be made only for the construction, alteration, and acquisition (including site acquisition) of nursing home facilities and may be made only as provided for in appropriation Acts.
(2)For the purpose of section 8104(a)(2) of this title, a bill, resolution, or amendment which provides that funds in the revolving fund may be expended for a project involving a total expenditure of more than $2,000,000 for the construction, alteration, or acquisition (including site acquisition) of a nursing home facility shall be considered to be a bill, resolution, or amendment making an appropriation which may be expended for a major medical facility project.

Legislative History

Notes & Related Subsidiaries

Repeal of Section Pub. L. 108–422, title IV, § 411(c)(1),(f), Nov. 30, 2004, 118 Stat. 2389, 2390, provided that this section is repealed effective at the end of the 30-day period beginning on the date on which the Secretary of Veterans Affairs certifies to Congress that the Secretary is in compliance with section 1710B(b) of this title.

Editorial Notes

References in Text

section 8122(a)(2) of this title, referred to in subsec. (a)(1), was amended generally by Pub. L. 108–422, title IV, § 411(e)(1), Nov. 30, 2004, 118 Stat. 2389, and, as so amended, no longer contains a subpar. (C).

Amendments

1991—Pub. L. 102–40, § 402(b)(1), renumbered section 5016 of this title as this section. Pub. L. 102–40, § 402(d)(1), substituted “8122(a)(2)(C)” for “5022(a)(2)(C)” in subsec. (a)(1) and “8104(a)(2)” for “5004(a)(2)” in subsec. (b)(2).

Statutory Notes and Related Subsidiaries

Effective Date

of RepealRepeal effective at the end of the 30-day period beginning on the date on which the Secretary of Veterans Affairs certifies to Congress that the Secretary is in compliance with section 1710B(b) of this title, see section 411(f) of Pub. L. 108–422, set out as an

Effective Date

of 2004 Amendment note under section 1710B of this title. Transfer of Nursing Home Revolving Fund Balances and ReceiptsFor provisions relating to the transfer of balances and receipts from the Nursing Home Revolving Fund to the “Medical services” account, see section 115 of Pub. L. 108–447, set out as a note under section 1729a of this title.

Reference

Citations & Metadata

Citation

38 U.S.C. § 8116

Title 38 — Veterans' Benefits

Last Updated

Apr 6, 2026

Release point: 119-73