54 U.S.C. § 101935 — Financial management

FEDERAL · 54 U.S.C. · Chapter 1019

Financial management

54 U.S.C. § 101935

Title54 — National Park Service and Related Programs

Chapter1019 — CONCESSIONS AND COMMERCIAL USE AUTHORIZATIONS

SubchapterIII

Current throughPub. L. 119-99

This text of 54 U.S.C. § 101935 (Financial management) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

54 U.S.C. § 101935.

Text

(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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(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 in furtherance of the purposes of this title. No funds from this account may be used to decrease the availability of services and programs to the public.

Source Credit

History

(Added Pub. L. 114–289, title VII, §701, Dec. 16, 2016, 130 Stat. 1493.)

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Bluebook (online)

54 U.S.C. § 101935, Counsel Stack Legal Research, https://law.counselstack.com/usc/54/101935.