42 USC 6671 – Authorization of appropriations
(a) For the purpose of carrying out subchapter II of this chapter, there are authorized to be appropriated—
(1) $750,000 for the fiscal year ending June 30, 1976;
(2) $500,000 for the period beginning July 1, 1976, and ending September 30, 1976;
(3) $3,000,000 for the fiscal year ending September 30, 1977; and
(4) such sums as may be necessary for each of the succeeding fiscal years.
Terms Used In 42 USC 6671
- 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.
(b) For the purpose of carrying out subchapter III of this chapter, there are authorized to be appropriated—
(1) $750,000 for the fiscal year ending June 30, 1976;
(2) $500,000 for the period beginning July 1, 1976, and ending September 30, 1976;
(3) $1,000,000 for the fiscal year ending September 30, 1977; and
(4) such sums as may be necessary for each of the succeeding fiscal years.