§1472 Bureau of Reclamation Working Capital Fund

Summary

Create a working capital fund in the U.S. Treasury within 30 days after November 1, 1985, to help run certain support tasks for the Bureau of Reclamation. The fund must be available without fiscal year limit to pay for materials, supplies, equipment, work, and services for Bureau programs and, when allowed by law, for other federal agencies and others. It can cover things like computer systems, engineering, payroll and management services, and buying, leasing, or renting vehicles and aircraft, with other activities allowed by the Director of the Office of Management and Budget. The fund will receive capital appropriations and may get inventories, equipment, receivables, and other assets (minus liabilities) transferred at fair and reasonable value. It will also be credited with payments from the Bureau, other Interior agencies, other federal agencies, and others, which may be paid in advance or after work is done. Users must be charged rates about equal to the real costs (including depreciation and accrued annual leave). Sums necessary to run the fund may be appropriated, and money the Secretary decides is not needed must be turned into miscellaneous Treasury receipts.