43 U.S.C. § 50a: Working capital fund for…

Summary

A working capital fund is set up in the U.S. Treasury to help run support services for the United States Geological Survey. The fund can be used on and after November 5, 1990, with no fiscal year limit, to pay for materials, supplies, equipment, facilities, and services that support Survey programs and, where allowed by law, for other federal agencies and others. It covers items like lab upgrades, computer and telecom operations, software and systems work, training, and replacement of instruments and equipment, plus other activities the Secretary of the Interior approves. The fund may receive transfers of inventories, equipment, receivables, and other assets at fair values, after subtracting liabilities. It will also be credited with appropriations and payments from the Survey, other Department of the Interior agencies, other federal agencies, and other sources; payments may be made in advance or after work is done. User charges should be about equal to the cost of providing services, including depreciation and accrued annual leave. Any balances from prior telecom fees as of November 5, 1990 (under Public Law 99–190) are merged into the fund for the same purposes. Money not needed, as the Secretary decides, must be returned to the Treasury as miscellaneous receipts.

Title 43, §50a

Public Lands, Source: USLM XML via OLRC

There is hereby established in the Treasury of the United States a working capital fund to assist in the management of certain support activities of the United States Geological Survey (hereafter referred to as the “Survey”), Department of the Interior. The fund shall be available on and after November 5, 1990, without fiscal year limitation for expenses necessary for furnishing materials, supplies, equipment, work, facilities, and services in support of Survey programs, and, as authorized by law, to agencies of the Federal Government and others. Such expenses may include laboratory modernization and equipment replacement, computer operations, maintenance, and telecommunications services; requirements definition, systems analysis, and design services; acquisition or development of software; systems support services such as implementation assistance, training, and maintenance; acquisition and replacement of computer, publications, scientific instrumentation, telecommunications, and related automatic data processing equipment; and, such other activities as may be approved by the Secretary of the Interior. There are authorized to be transferred to the fund, at fair and reasonable values at the time of transfer, inventories, equipment, receivables, and other assets, less liabilities, related to the functions to be financed by the fund as determined by the Secretary of the Interior: Provided, That the fund shall be credited with appropriations and other funds of the Survey, and other agencies of the Department of the Interior, other Federal agencies, and other sources, for providing materials, supplies, equipment, work, and services as authorized by law and such payments may be made in advance or upon performance: Provided further, That charges to users will be at rates approximately equal to the costs of furnishing the materials, supplies, equipment, facilities, and services, including such items as depreciation of equipment and facilities, and accrued annual leave: Provided further, That all existing balances as of November 5, 1990, from amortization fees resulting from the Survey providing telecommunications services and deposited in a special fund established on the books of the Treasury and available for payment of replacement or expansion of telecommunications services as authorized by Public Law 99–190, are hereby transferred to and merged with the working capital fund, to be used for the same purposes as originally authorized: Provided further, That funds that are not necessary to carry out the activities to be financed by the fund, as determined by the Secretary, shall be covered into miscellaneous receipts of the Treasury.

Notes & Related Subsidiaries

Editorial Notes

References in Text

Provisions relating to the special fund authorized by Public Law 99–190, referred to in text, were formerly classified to this section. See

Prior Provisions

note below.

Prior Provisions

A prior section 50a, Pub. L. 99–190, § 101(d) [title I], Dec. 19, 1985, 99 Stat. 1224, 1231, related to deposit of amortization fees from Geological Survey providing telecommunications services.

Amendments

1994—Pub. L. 103–332 in first par., in second sentence after “work,” inserted “facilities,”, in third sentence after “include” inserted “laboratory modernization and equipment replacement,”, after “operations” inserted “, maintenance,”, and after “replacement of computer,” inserted “publications, scientific instrumentation,” and in second par., in second proviso after “depreciation of equipment” inserted “and facilities,”.

Statutory Notes and Related Subsidiaries

Change of Name

“United States Geological Survey” substituted for “Geological Survey” in first paragraph pursuant to provision of title I of Pub. L. 102–154, set out as a note under section 31 of this title.

§50a Working Capital Fund for United States Geological Survey

Summary

Title 43, §50a

Notes & Related Subsidiaries

Editorial Notes

References in Text

Prior Provisions

Prior Provisions

Amendments

Statutory Notes and Related Subsidiaries

Change of Name

Citations & Metadata