
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 31USC1557]

 
                       TITLE 31--MONEY AND FINANCE
 
                     SUBTITLE II--THE BUDGET PROCESS
 
                  CHAPTER 15--APPROPRIATION ACCOUNTING
 
                     SUBCHAPTER IV--CLOSING ACCOUNTS
 
Sec. 1557. Authority for exemptions in appropriation laws

    A provision of an appropriation law may exempt an appropriation from 
the provisions of this subchapter and fix the period for which the 
appropriation remains available for expenditure.

(Pub. L. 97-258, Sept. 13, 1982, 96 Stat. 937; Pub. L. 101-510, div. A, 
title XIV, Sec. 1405(a)(1), Nov. 5, 1990, 104 Stat. 1679.)

                                          Historical and Revision Notes
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           Revised Section                   Source (U.S. Code)                
Source (Statutes at Large)
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1557.................................  31:708.                         July 25,
 1956, ch. 727, Sec.  9, 70 Stat.
                                                                        650.
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                               Amendments

    1990--Pub. L. 101-510 substituted ``Authority for exemptions in 
appropriation laws'' for ``Authorization to exempt'' in section 
catchline and amended text generally. Prior to amendment, text read as 
follows: ``A provision of an appropriation law may exempt an 
appropriation from this subchapter and fix the period for which the 
appropriation remains available for expenditure.''


                    Effective Date of 1990 Amendment

    Amendment by Pub. L. 101-510 applicable to any appropriation account 
the obligated balance of which, on Nov. 5, 1990, has not been 
transferred under section 1552(a)(1) of this title, as in effect Nov. 4, 
1990, with transitional provisions, see section 1405(b) of Pub. L. 101-
510, set out as a note under section 1551 of this title.
