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Federal law — U.S. Code and appendices · legal_authorities
There is appropriated to the fund the sum of $7,500,000 to carry out this chapter.
Source: Supplied U.S. Code snapshot — release unconfirmed · 2 U.S.C. § 1110
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Source file: Laws/federal/codes/united-states-code/title-2/section-1110-appropriations--1f7a81be1a.md
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Source location: Title 2, Chapter 22, § 1110; chapter-022-john-c-stennis-center-for-public-service-training-and-development.md
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Establishment of fund** There is established in the Treasury of the United States a trust fund to be known as the “John C. Stennis Center for Public Service Development Trust Fund”. The fund shall consist of amounts appropriated to it pursuant to [section 1110 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title2-section1110&num=0&edition=prelim) and amounts credited to it under subsection (d). **(b) Investment of fund assets** (1) At the request of the Center, it shall be the duty of the Secretary of the Treasury to invest in full the amounts appropriated to the fund. Such investments may be made only in interest-bearing obligations of the United States issued directly to the fund. (2) The purposes for which obligations of the United States may be issued under chapter 31 of title 31 are hereby extended to authorize the issuance at par of special obligations directly to the fund. Such special obligations shall bear interest at a rate equal to the average rate of interest, computed as to the end of the calendar month next preceding the date of such issue, borne by all marketable interest-bearing obligations of the United States then forming a part of the public debt; except that where such average rate is not a multiple of one-eighth of 1 per centum, the rate of interest of such special obligations shall be the multiple of one-eighth of 1 per centum next lower than such average rate. All requests of the Center to the Secretary of the Treasury provided for in this section shall be binding upon the Secretary. **(c) Authority to sell obligations** At the request of the Center, the Secretary of the Treasury shall redeem any obligation issued directly to the fund. Obligations issued to the fund under subsection (b)(2) shall be redeemed a
Source: Supplied U.S. Code snapshot — release unconfirmed · 2 U.S.C. § 1105
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Federal law — U.S. Code and appendices · legal_authorities
Page 297 TITLE 2—THE CONGRESS § 1151 1989, 103 Stat. 1068; Pub. L. 101–520, title III, § 313(c), Nov. 5, 1990, 104 Stat. 2282.) Editorial Notes CODIFICATION In subsec. (a)(6), ‘‘section 6101 of title 41’’ substituted for ‘‘section 3709 of the Revised Statutes (41 U.S.C. 5)’’ on authority of Pub. L. 111–350, § 6(c), Jan. 4, 2011, 124 Stat. 3854, which Act enacted Title 41, Public Con- tracts. Subsection (b), which required the Center to submit an annual report to Congress on its operations under this chapter, terminated, effective May 15, 2000, pursu- ant to section 3003 of Pub. L. 104–66, as amended, set out as a note under section 1113 of Title 31, Money and Finance. See, also, page 143 of House Document No. 103–7. AMENDMENTS 1990—Subsec. (a)(6) to (11). Pub. L. 101–520 struck out ‘‘and’’ at end of par. (6), added pars. (7) to (11), and struck out former par. (7) which read as follows: ‘‘To make other necessary expenditures including official reception and representation expenses.’’ 1989—Subsec. (a)(7). Pub. L. 101–163 substituted ‘‘To make other necessary expenditures including official reception and representation expenses’’ for ‘‘make other necessary expenditures’’. Statutory Notes and Related Subsidiaries REFERENCES IN OTHER LAWS TO GS–16, 17, OR 18 PAY RATES References in laws to the rates of pay for GS–16, 17, or 18, or to maximum rates of pay under the General Schedule, to be considered references to rates payable under specified sections of Title 5, Government Organi- zation and Employees, see section 529 [title I, § 101(c)(1)] of Pub. L. 101–509, set out in a note under section 5376 of Title 5. § 1109. Authorization for appropriations There are authorized to be appropriated such sums as may be necessary to carry out this chapte
Source: Supplied 2024 U.S. Code historical extraction · 2 U.S.C. § 1110
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