2019 US Code
Title 47 - Telecommunications
Chapter 13 - Public Safety Communications and Electromagnetic Spectrum Auctions
Subchapter III - Public Safety Commitments
Sec. 1441 - State and Local Implementation Fund

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Citation 47 U.S.C. § 1441 (2019)
Section Name §1441. State and Local Implementation Fund
Section Text (a) Establishment

There is established in the Treasury of the United States a fund to be known as the State and Local Implementation Fund.

(b) Amounts available for State and Local Implementation Grant Program

Any amounts borrowed under subsection (c)(1) and any amounts in the State and Local Implementation Fund that are not necessary to reimburse the general fund of the Treasury for such borrowed amounts shall be available to the Assistant Secretary to implement section 1442 of this title.

(c) Borrowing authority (1) In general

Prior to the end of fiscal year 2022, the Assistant Secretary may borrow from the general fund of the Treasury such sums as may be necessary, but not to exceed $135,000,000, to implement section 1442 of this title.

(2) Reimbursement

The Assistant Secretary shall reimburse the general fund of the Treasury, without interest, for any amounts borrowed under paragraph (1) as funds are deposited into the State and Local Implementation Fund.

(d) Transfer of unused funds

If there is a balance remaining in the State and Local Implementation Fund on September 30, 2022, the Secretary of the Treasury shall transfer such balance to the general fund of the Treasury, where such balance shall be dedicated for the sole purpose of deficit reduction.

Source Credit

(Pub. L. 112–96, title VI, §6301, Feb. 22, 2012, 126 Stat. 218.)

Publication Title United States Code, 2018 Edition, Supplement 1, Title 47 - TELECOMMUNICATIONS
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 47 - TELECOMMUNICATIONS
CHAPTER 13 - PUBLIC SAFETY COMMUNICATIONS AND ELECTROMAGNETIC SPECTRUM AUCTIONS
SUBCHAPTER III - PUBLIC SAFETY COMMITMENTS
Sec. 1441 - State and Local Implementation Fund
Contains section 1441
Date 2019
Laws In Effect As Of Date January 24, 2020
Positive Law No
Disposition standard
Statutes at Large References 126 Stat. 218
Public Law References Public Law 112-96
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