7 USC 8507 – Miscellaneous matters
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(a) Availability of appropriated funds
Amounts appropriated under this chapter shall remain available until expended.
(b) Administrative expenses
Terms Used In 7 USC 8507
- 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.
Of the amounts appropriated to carry out this chapter for a fiscal year, the Secretaries may expend not more than five percent to cover the administrative expenses necessary to carry out this chapter.