FEDERAL · 54 U.S.C. · Chapter 1019
Financial management
Current through Pub. L. 119-102
Title 54 — National Park Service and Related Programs·Ch. 1019 — CONCESSIONS AND COMMERCIAL USE AUTHORIZATIONS·Subch. III
(a)Revolving Fund.—There is established a revolving fund that shall be available to the Secretary without fiscal year limitation for—
(1)expenses necessary for the management, improvement, enhancement, operation, construction, and maintenance of commercial visitor services and facilities; and
(2)payment of possessory interest and leasehold surrender interest.
(b)Collection of Funds.—
(1)Funds collected by the Secretary pursuant to the contracts awarded under this subchapter shall be credited to the revolving fund.
(2)The Secretary is authorized to transfer to the revolving fund, without reimbursement, any additional funds or revenue in connection with the functions to be carried out under this subchapter.
(c)Use of Funds.—Amounts in the revolving fund shall be used by the Secretary
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54 U.S.C. § 101935 (Financial management) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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History
(Added Pub. L. 114–289, title VII, §701, Dec. 16, 2016, 130 Stat. 1493.)