Title 47, Telegraphs, Telephones, and RadiotelegraphsRelease 119-110

§1441 State and Local Implementation Fund

Title 47 › CHAPTER 13 — PUBLIC SAFETY COMMUNICATIONS AND ELECTROMAGNETIC SPECTRUM AUCTIONS › SUBCHAPTER III — PUBLIC SAFETY COMMITMENTS › § 1441

Last updated Sep 22, 2026|Official source

Summary

Creates the State and Local Implementation Fund in the U.S. Treasury. Before the end of fiscal year 2022, the Assistant Secretary may borrow up to $135,000,000 from the Treasury's general fund. Borrowed amounts and any Fund money not needed to repay the loan can be used to carry out the program under section 1442. The Assistant Secretary must repay what was borrowed, without interest, as money is put into the Fund. If any balance remains on September 30, 2022, the Treasury Secretary must return it to the general fund to be used only to reduce the federal deficit.

Full Legal Text

Title 47, §1441

Telegraphs, Telephones, and Radiotelegraphs, Source: USLM XML via OLRC

(a)Establishment

There is established in the Treasury of the United States a fund to be known as the State and Local Implementation Fund.

(b)Amounts available for State and Local Implementation Grant Program

Any amounts borrowed under subsection (c)(1) and any amounts in the State and Local Implementation Fund that are not necessary to reimburse the general fund of the Treasury for such borrowed amounts shall be available to the Assistant Secretary to implement section 1442 of this title.

(c)Borrowing authority

(1)In general

Prior to the end of fiscal year 2022, the Assistant Secretary may borrow from the general fund of the Treasury such sums as may be necessary, but not to exceed $135,000,000, to implement section 1442 of this title.

(2)Reimbursement

The Assistant Secretary shall reimburse the general fund of the Treasury, without interest, for any amounts borrowed under paragraph (1) as funds are deposited into the State and Local Implementation Fund.

(d)Transfer of unused funds

If there is a balance remaining in the State and Local Implementation Fund on September 30, 2022, the Secretary of the Treasury shall transfer such balance to the general fund of the Treasury, where such balance shall be dedicated for the sole purpose of deficit reduction.

Reference

Citations & Metadata

Citation

47 U.S.C. § 1441

Title 47, Telegraphs, Telephones, and Radiotelegraphs

Last Updated

Sep 22, 2026

Release point: 119-110