
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 38USC8116]

 
                      TITLE 38--VETERANS' BENEFITS
 
            PART VI--ACQUISITION AND DISPOSITION OF PROPERTY
 
   CHAPTER 81--ACQUISITION AND OPERATION OF HOSPITAL AND DOMICILIARY 
FACILITIES; PROCUREMENT AND SUPPLY; ENHANCED-USE LEASES OF REAL PROPERTY
 
      SUBCHAPTER I--ACQUISITION AND OPERATION OF MEDICAL FACILITIES
 
Sec. 8116. Nursing home revolving fund

    (a)(1) Amounts realized from a transfer pursuant to section 
8122(a)(2)(C) of this title shall be administered as a revolving fund 
and shall be available without fiscal year limitation.
    (2) The revolving fund shall be deposited in a checking account with 
the Treasurer of the United States.
    (b)(1) The expenditure of funds from the revolving fund may be made 
only for the construction, alteration, and acquisition (including site 
acquisition) of nursing home facilities and may be made only as provided 
for in appropriation Acts.
    (2) For the purpose of section 8104(a)(2) of this title, a bill, 
resolution, or amendment which provides that funds in the revolving fund 
may be expended for a project involving a total expenditure of more than 
$2,000,000 for the construction, alteration, or acquisition (including 
site acquisition) of a nursing home facility shall be considered to be a 
bill, resolution, or amendment making an appropriation which may be 
expended for a major medical facility project.

(Added Pub. L. 100-322, title II, Sec. 205(a), May 20, 1988, 102 Stat. 
512, Sec. 5016; renumbered Sec. 8116 and amended Pub. L. 102-40, title 
IV, Sec. 402(b)(1), (d)(1), May 7, 1991, 105 Stat. 238, 239.)


                               Amendments

    1991--Pub. L. 102-40, Sec. 402(b)(1), renumbered section 5016 of 
this title as this section.
    Pub. L. 102-40, Sec. 402(d)(1), substituted ``8122(a)(2)(C)'' for 
``5022(a)(2)(C)'' in subsec. (a)(1) and ``8104(a)(2)'' for 
``5004(a)(2)'' in subsec. (b)(2).

                  Section Referred to in Other Sections

    This section is referred to in section 8122 of this title.
