22 USC 3007 – Appropriations for Commission
(a) Authorization; disbursements
(1) There are authorized to be appropriated to the Commission for each fiscal year such sums as may be necessary to enable it to carry out its duties and functions. Appropriations to the Commission are authorized to remain available until expended.
Terms Used In 22 USC 3007
- Chairman: means the Chairman of the National Advisory Council on International Monetary and Financial Policies. See 22 USC 262r
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
(2) Appropriations to the Commission shall be disbursed on vouchers approved—
(A) jointly by the Chairman and the Cochairman, or
(B) by a majority of the members of the personnel and administration committee established pursuant to section 3008(a) of this title.
(b) Use of foreign currencies
For purposes of section 1754(b) of this title, the Commission shall be deemed to be a standing committee of the Congress and shall be entitled to use funds in accordance with such sections.
(c) Official reception and representational expenses
Not to exceed $6,000 of the funds appropriated to the Commission for each fiscal year may be used for official reception and representational expenses.
(d) Foreign travel for official purposes
Foreign travel for official purposes by Commission members and staff may be authorized by either the Chairman or the Cochairman.