§152411 — Title 36 Patriotic and National Observances | U.S. Code

Summary

Gives the corporation federal money starting in the first fiscal year after the law is passed and each year through fiscal year 2026. Each year the amount cannot be more than $1,000,000 and cannot exceed the total private contributions (cash, services, or property) given to the corporation by private people and by State and local governments. The corporation must not spend this money on overhead or on fundraising, as shown on its annual IRS information return required by federal tax law.

Title 36, §152411

Patriotic and National Observances — Source: USLM XML via OLRC

(a)There are authorized to be appropriated to the corporation for the first fiscal year beginning on or after the date of the enactment of this chapter and each succeeding fiscal year through fiscal year 2026 an amount not to exceed the lesser of $1,000,000 or the amount of private contributions (whether in currency, services, or property) made to the corporation by private persons and State and local governments.

(b)Amounts authorized under this section may not be used by the corporation for management and general or fundraising expenses as reported to the Internal Revenue Service as part of an annual information return required under the Internal Revenue Code of 1986.

Notes & Related Subsidiaries

Editorial Notes

References in Text

The date of the enactment of this chapter, referred to in subsec. (a), is the date of enactment of Pub. L. 106–474, which was approved Nov. 9, 2000. The Internal Revenue Code of 1986, referred to in subsec. (b), is classified generally to Title 26, Internal Revenue Code.

Amendments

2016—Subsec. (a). Pub. L. 114–217 substituted “through fiscal year 2026 an amount not to exceed the lesser of $1,000,000 or” for “through fiscal year 2016 an amount not to exceed”. 2008—Subsec. (a). Pub. L. 110–336, § 2(b)(1)(A), substituted “for the first fiscal year beginning on or after the date of the enactment of this chapter and each succeeding fiscal year through fiscal year 2016” for “for each of the first 7 fiscal years beginning on or after the date of the enactment of this chapter”. Subsec. (b). Pub. L. 110–336, § 2(b)(4), amended subsec. (b) generally. Prior to amendment, text read as follows: “Except as permitted under section 152407, amounts authorized under this section may not be used by the corporation for administrative expenses of the corporation, including salaries, travel, transportation, and overhead expenses.”

Statutory Notes and Related Subsidiaries

Effective Date

of 2008 Amendment Pub. L. 110–336, § 2(b)(1)(B), Oct. 2, 2008, 122 Stat. 3726, provided that: “The amendment made by subparagraph (A) [amending this section] shall take effect as if included in the enactment of the National Recording Preservation Act of 2000 [Pub. L. 106–474].”

§152411 Authorization of Appropriations