Title 31 › SUBTITLE II — THE BUDGET PROCESS › CHAPTER 15 — APPROPRIATION ACCOUNTING › SUBCHAPTER IV — CLOSING ACCOUNTS › § 1553
When a government spending account’s time to use the money ends but before the account is officially closed, the account keeps its year label and can still be used to record, fix, and pay bills that belong to it. After the account is closed, bills that should have been charged to it but cannot be charged to any current account may be moved to any current account that is for the same purpose. The total moved this way cannot be more than 1 percent of that closed account’s total appropriations. If using money from an ended account to pay extra contract work would make the year’s total for that program go over $4,000,000, the agency head (or a person the head has put in charge) must approve it. If it would make the total go over $25,000,000, the agency head must tell the House and Senate authorizing and appropriations committees in writing, explain the legal and policy reasons, and wait 30 days before doing it. “Contract change” means extra work the contractor must do. Payments under these rules do not need prior approval from the Comptroller General, but they do not remove the Comptroller General’s other duties or authority to decide or settle claims.
Full Legal Text
Money and Finance, Source: USLM XML via OLRC
Legislative History
Reference
Citation
31 U.S.C. § 1553
Title 31, Money and Finance
Last Updated
Aug 21, 2026
Release point: 119-102