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31 U.S.C. § 3335 — Timely disbursement of Federal funds

Federal law — U.S. Code and appendices · legal_authorities

31 U.S.C. § 3335 — Timely disbursement of Federal funds

**(a)** Each head of an executive agency (other than the Tennessee Valley Authority) shall, under such regulations as the Secretary of the Treasury shall prescribe, provide for the timely disbursement of Federal funds through cash, checks, electronic funds transfer, or any other means identified by the Secretary. **(b)** The Secretary may collect from any executive agency which does not comply with subsection (a) a charge in an amount the Secretary determines to be the cost to the general fund of the Treasury caused by such noncompliance. **(c)** The amounts of charges collected from an executive agency under this section shall be deposited in the Treasury and credited as miscellaneous receipts. **(d)** Any charge assessed by the Secretary under this section, to the maximum extent practicable— (1) shall be paid out of appropriations available for executive agency operations; and (2) shall not be paid from amounts available for funding programs of an executive agency.

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Source location: Title 31, Chapter 33, § 3335; chapter-033-depositing-keeping-and-paying-money.md

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Federal law — U.S. Code and appendices · legal_authorities

31 U.S.C. § 6501 — Definitions

In this chapter— (1) “assistance” means the transfer of anything of value for a public purpose of support or stimulation that is— (A) authorized by a law of the United States; (B) provided by the United States Government through grant or contractual arrangements (including technical assistance programs providing assistance by loan, loan guarantee, or insurance); and (C) not an annual payment by the United States Government to the District of Columbia government under section 502 of the District of Columbia Home Rule Act (Public Law 93–198, 87 Stat. 813, D.C. Code, § 47–3406). (2) “comprehensive planning” includes, to the extent directly related to area needs or needs of a unit of general local government— (A) preparation, as a guide for governmental policies and action, of general plans on— (i) the pattern and intensity of land use; (ii) providing public facilities (including transportation facilities) and other governmental services; and (iii) the effective development and use of human and natural resources; (B) long-range physical and fiscal plans for an action referred to in subparagraph (A); (C) a program for capital improvements and other major expenditures based on their relative urgency, and definitive financing plans for the expenditures in the earlier years of the program; (D) coordination of related plans and activities of States and local governments and agencies concerned; and (E) preparation of regulatory and administrative measures to support the items referred to in subparagraphs (A), (B), (C), and (D). (3) “executive agency” does not include a mixed-ownership Government corporation. (4) (A) “grant” (except as provided in subparagraph (C)) means money, or property provided instead of money, that is paid or pro

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Federal law — U.S. Code and appendices · legal_authorities

31 U.S.C. § 3335 — Timely disbursement of Federal funds

Page 251 TITLE 31—MONEY AND FINANCE § 3341 1 So in original. Probably should be capitalized. 2 So in original. Probably should be ‘‘institutions’’. after Aug. 10, 1987, or on such later date as the Sec- retary of the Treasury may prescribe in regulations. See Effective Date note below. Statutory Notes and Related Subsidiaries EFFECTIVE DATE Section effective 6 months after Aug. 10, 1987, or on such later date as the Secretary of the Treasury may prescribe in regulations, see section 1006 of Pub. L. 100–86, set out as an Effective Date of 1987 Amendment note under section 3328 of this title. REGULATIONS For provision permitting Secretary of the Treasury to prescribe rules, regulations, and procedures as nec- essary to implement this section, including recertifi- cation of Treasury checks which have been canceled or for which a claim has been asserted or barred, see sec- tion 1005 of Pub. L. 100–86, set out as a note under sec- tion 3328 of this title. § 3335. Timely disbursement of Federal funds (a) Each head of an executive agency (other than the Tennessee Valley Authority) shall, under such regulations as the Secretary of the Treasury shall prescribe, provide for the timely disbursement of Federal funds through cash, checks, electronic funds transfer, or any other means identified by the Secretary. (b) The Secretary may collect from any execu- tive agency which does not comply with sub- section (a) a charge in an amount the Secretary determines to be the cost to the general fund of the Treasury caused by such noncompliance. (c) The amounts of charges collected from an executive agency under this section shall be de- posited in the Treasury and credited as miscella- neous receipts. (d) Any charge assessed by the Secretary under this section,

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