25 U.S.C. § 385b: Amounts creditable to fund

Summary

Put any leftover old operation-and-maintenance money into the irrigation trust funds. If the unspent balance of a repealed special fund (that had O&M collections credited before July 1, 1935) or receipts sent to the Treasury under the Permanent Appropriation Repeal Act of 1934 (48 Stat. 1227) exceed the project’s O&M spending, the excess must be credited to the project’s trust fund account. That credited amount can be spent under the rules that govern those trust funds.

Title 25, §385b

Indians, Source: USLM XML via OLRC

There shall be credited to each trust-fund account established under section 385a of this title the excess, if any, of (1) the unexpended balance of any repealed special fund appropriation to which operation and maintenance collections were credited prior to July 1, 1935, and (2) the amount of receipts covered into the Treasury pursuant to section 4 of the Permanent Appropriation Repeal Act, 1934 (48 Stat. 1227), over expenditures from appropriations provided for the operation and maintenance of the irrigation project from which such unexpended balance or receipts were derived, and the amount so credited shall be subject to expenditure as prescribed in section 385a of this title.

Notes & Related Subsidiaries

Editorial Notes

References in Text

section 4 of the Permanent Appropriation Repeal Act, 1934, referred to in text, is section 4 of act June 26, 1934, ch. 756, 48 Stat. 1227, which was classified to section 725c of former Title 31, and was omitted from the Code in the general revision and enactment of Title 31, Money and Finance, by Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 877. Codification Section was formerly classified to section 725s–2 of Title 31 prior to the general revision and enactment of Title 31, Money and Finance, by Pub. L. 97–258, § 1, Sept. 13, 1982, 96 Stat. 877.

§385b Amounts Creditable to Fund

Summary

Title 25, §385b

Notes & Related Subsidiaries

Editorial Notes

References in Text

Citations & Metadata