2015 US Code
Title 31 - Money and Finance (Sections 101 - 9705)
Subtitle V - General Assistance Administration (Sections 6101 - 7701)
Chapter 67 - Federal Payments (Sections 6701 - 6720)
Sec. 6702 - Local Government Fiscal Assistance Fund

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Metadata
Publication TitleUnited States Code, 2012 Edition, Supplement 3, Title 31 - MONEY AND FINANCE
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 31 - MONEY AND FINANCE
SUBTITLE V - GENERAL ASSISTANCE ADMINISTRATION
CHAPTER 67 - FEDERAL PAYMENTS
Sec. 6702 - Local Government Fiscal Assistance Fund
Containssection 6702
Date2015
Laws In Effect As Of DateJanuary 3, 2016
Positive LawYes
Dispositionstandard
Source CreditAdded Pub. L. 103-322, title III, §31001(a), Sept. 13, 1994, 108 Stat. 1861.
Statutes at Large References96 Stat. 1012
100 Stat. 327
108 Stat. 1861, 1881
Public and Private LawsPublic Law 97-258, Public Law 99-272, Public Law 103-322

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31 U.S.C. § 6702 (2015)
§6702. Local Government Fiscal Assistance Fund

(a) Administration of Fund.—The Department of the Treasury has a Local Government Fiscal Assistance Fund, which consists of amounts appropriated to the Fund.

(b) Authorization of Appropriations.—There are authorized to be appropriated to the Fund—

(1) $270,000,000 for fiscal year 1996;

(2) $283,500,000 for fiscal year 1997;

(3) $355,500,000 for fiscal year 1998;

(4) $355,500,000 for fiscal year 1999; and

(5) $355,500,000 for fiscal year 2000.


Such sums are to remain available until expended.

(c) Administrative Costs.—Up to 2.5 percent of the amount authorized to be appropriated under subsection (b) is authorized to be appropriated for the period fiscal year 1995 through fiscal year 2000 to be available for administrative costs by the Secretary in furtherance of the purposes of the program. Such sums are to remain available until expended.

(Added Pub. L. 103–322, title III, §31001(a), Sept. 13, 1994, 108 Stat. 1861.)

PRIOR PROVISIONS

A prior section 6702, Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1012, related to payments to governments, prior to repeal by Pub. L. 99–272, title XIV, §14001(a)(1), (e), Apr. 7, 1986, 100 Stat. 327, 329, eff. Oct. 18, 1986.

DEFICIT NEUTRALITY

Pub. L. 103–322, title III, §31001(c), Sept. 13, 1994, 108 Stat. 1881, provided that: "Any appropriation to carry out the amendment made by this subtitle [subtitle J (§§31001, 31002) of title III of Pub. L. 103–322, enacting this chapter] to title 31, United States Code, for fiscal year 1995 or 1996 shall be offset by cuts elsewhere in appropriations for that fiscal year."

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