
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 49USC328]

 
                        TITLE 49--TRANSPORTATION
 
                SUBTITLE I--DEPARTMENT OF TRANSPORTATION
 
                  CHAPTER 3--GENERAL DUTIES AND POWERS
 
                      SUBCHAPTER II--ADMINISTRATIVE
 
Sec. 328. Transportation Systems Center working capital fund

    (a) The Department of Transportation has a Transportation Systems 
Center working capital fund. Amounts in the fund are available for 
financing the activities of the Center, including research, development, 
testing, evaluation, analysis, and related activities the Secretary of 
Transportation approves, for the Department, other agencies, State and 
local governments, other public authorities, private organizations, and 
foreign countries.
    (b) Amounts in the fund are available without regard to fiscal year 
limitation. Amounts may be appropriated to the fund.
    (c) The capital of the fund consists of--
        (1) amounts appropriated to the fund;
        (2) net assets of the Center as of October 1, 1980, including 
    unexpended advances made to the Center for which valid obligations 
    were incurred before October 1, 1980;
        (3) the reasonable value of property and other assets 
    transferred to the fund after September 30, 1980, less the related 
    liabilities and unpaid obligations; and
        (4) the reasonable value of property and other assets donated to 
    the fund.

    (d) The fund shall be reimbursed or credited with--
        (1) advance payments from applicable funds or appropriations of 
    the Department and other agencies, and with advance payments from 
    other sources, the Secretary authorizes, for--
            (A) services at rates that will recover the expenses of 
        operation, including the accrual of annual leave and overhead; 
        and
            (B) acquiring property and equipment under regulations the 
        Secretary prescribes; and

        (2) receipts from the sale or exchange of property or in payment 
    for loss or damage of property held by the fund.

    (e) The Secretary shall deposit at the end of each fiscal year, in 
the Treasury as miscellaneous receipts, amounts accruing in the fund 
that the Secretary decides are in excess of the needs of the fund.

(Pub. L. 97-449, Jan. 12, 1983, 96 Stat. 2425.)

                                          Historical and Revision Notes
-------------------------------------------------------------------------------
---------------------------------
           Revised  Section                    Source (U.S. Code)              
 Source (Statutes at Large)
-------------------------------------------------------------------------------
---------------------------------
328(a)................................  49:1657(r)(1) (1st sentence, 2d  Oct. 1
5, 1966, Pub. L. 89-670, 80 Stat.
                                         sentence words before last       931, 
Sec.  9(r); added May 30, 1980,
                                         comma, last sentence).           Pub. 
L. 96-254, Sec.  207, 94 Stat.
                                                                          413.
328(b)................................  49:1657(r)(1) (2d sentence
                                         words after last comma),
                                         (2)(B) (words after last
                                         comma).
328(c)................................  49:1657(r)(2)(A), (B) (words
                                         before last comma), (C).
328(d)................................  49:1657(r)(3).
328(e)................................  49:1657(r)(4).
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---------------------------------

    In subsection (a), the words ``Department of Transportation has'' 
are substituted for ``Secretary is authorized to establish'' because the 
working capital fund has been established. The text of 49:1657(r)(1) (2d 
sentence words before last comma) are omitted as executed. The words 
``The Transportation Systems Center is authorized to perform'' are 
omitted as unnecessary because of the restatement. The word ``approves'' 
is substituted for ``direct . . . and, when approved by the Secretary'' 
to eliminate unnecessary words. The words ``or his designee'' are 
omitted because of section 322(b) of the revised title.
    In subsection (c)(3) and (4), the words ``fair and'' are omitted as 
surplus.
    In subsection (c)(3), the words ``by the Department and other 
agencies of the Government'' are omitted as surplus.
    In subsection (c)(4), the words ``from other sources'' are omitted 
as surplus.
    In subsection (d)(1), before clause (A), the words ``or his 
designee'' are omitted because of section 322(b) of the revised title.
    In subsection (e), the words ``The Secretary shall deposit'' are 
substituted for ``there shall be transferred'' for clarity and 
consistency. The words ``in the fund'' are added for clarity.
