§ 1557 - Authority for exemptions in appropriation laws

CHAPTER 15— APPROPRIATION ACCOUNTING › SUBCHAPTER IV— CLOSING ACCOUNTS

A provision of an appropriation law may exempt an appropriation from the provisions of this subchapter and fix the period for which the appropriation remains available for expenditure.

Notes

Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large) 155731:708.July 25, 1956, ch. 727, § 9, 70 Stat. 650.

Editorial Notes

Amendments

1990—Pub. L. 101–510 substituted “Authority for exemptions in appropriation laws” for “Authorization to exempt” in section catchline and amended text generally. Prior to amendment, text read as follows: “A provision of an appropriation law may exempt an appropriation from this subchapter and fix the period for which the appropriation remains available for expenditure.”

Statutory Notes and Related Subsidiaries

Effective Date of 1990 Amendment

Amendment by Pub. L. 101–510 applicable to any appropriation account the obligated balance of which, on Nov. 5, 1990, has not been transferred under section 1552(a)(1) of this title, as in effect Nov. 4, 1990, with transitional provisions, see section 1405(b) of Pub. L. 101–510, set out as a note under section 1551 of this title.