49-U.S.C.-327
§327 – Administrative Working Capital Fund
Pathway
Title 49 > Subtitle I > Chapter 3 > Subchapter II > Section 327
Details
- Reference: Section 327
- Legend: §327 – Administrative Working Capital Fund
- USCode Year: 2013
Provision Content
(a) The Department of Transportation has an administrative working capital fund. Amounts in the fund are available for expenses of operating and maintaining common administrative services the Secretary of Transportation decides are desirable for the efficiency and economy of the Department. The services may include—
(1) a central supply service for stationery and other supplies and equipment through which adequate stocks may be maintained to meet the requirements of the Department;
(2) central messenger, mail, telephone, and other communications services;
(3) office space;
(4) central services for document reproduction, and for graphics and visual aids; and
(5) a central library service.
(b) Amounts in the fund are available without regard to fiscal year limitation. Amounts may be appropriated to the fund.
(c) The fund consists of—
(1) amounts appropriated to the fund;
(2) the reasonable value of stocks of supplies, equipment, and other assets and inventories on order that the Secretary transfers to the fund, less the related liabilities and unpaid obligations;
(3) amounts received from the sale or exchange of property; and
(4) payments received for loss or damage to property of the fund.
(d) The fund shall be reimbursed, in advance, from amounts available to the Department or from other sources, for supplies and services at rates that will approximate the expenses of operation, including the accrual of annual leave and the depreciation of equipment. Amounts in the fund, in excess of amounts transferred or appropriated to maintain the fund, shall be deposited in the Treasury as miscellaneous receipts. All assets, liabilities, and prior losses are considered in determining the amount of the excess.
(Pub. L. 97–449, §1(b), Jan. 12, 1983, 96 Stat. 2425.)
| Revised Section |
Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 327(a) | 49:1657(j) (1st sentence less 11th–17th words). | Oct. 15, 1966, Pub. L. 89–670, §9(j), 80 Stat. 945. |
| 327(b) | 49:1657(j) (1st sentence 11th–17th words, 2d sentence, 18th–22d words). | |
| 327(c) | 49:1657(j) (2d sentence less 18th–22d words, 4th sentence). | |
| 327(d) | 49:1657(j) (less 1st, 2d, 4th sentences). |
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 words administrative before working and Amounts in the fund are available are added for clarity. The words the Secretary of Transportation decides are are substituted for as he shall find to be for clarity. The words desirable for the economy are substituted for desirable in the interest of economy to eliminate unnecessary words. The words such services as before a central supply service and in whole or in part before the requirements of the Department are omitted as surplus. The words the requirements of the Department are substituted for the requirements of the Department and its agencies because they are inclusive.
In subsection (b), the words Amounts in the fund are added for clarity. The words Amounts may be appropriated to the fund are substituted for (which appropriations are hereby authorized) for clarity.
In subsection (c), the words The fund consists of are substituted for The capital of the fund shall consist of and The fund shall also be credited with for clarity. The word reasonable is substituted for fair and reasonable because it is inclusive. The words amounts appropriated to the fund are substituted for of any appropriations made for the purpose of providing capital for clarity. The words amounts received from the sale are substituted for receipts from the sale, and the words payments received for loss are substituted for receipts in payment for, as being more precise.
In subsection (d), the words agencies and offices in after available funds of are omitted because they are included in Department. The words Amounts in the fund, in excess of amounts are added for clarity. The words any surplus found in the fund . . . above the after miscellaneous receipts are omitted because of the restatement of this section. The words to establish and before maintain are omitted because the working capital fund has been established. The words deposited in the Treasury are substituted for covered into the United States Treasury for consistency. The words are . . . in determining the amount of the excess are added for clarity.
U.S. Encyclopedia of Law Coverage
49-U.S.C.-327 in the Legal Encyclopedia: Transportation
In this entry about 49-U.S.C.-327, find legal reference material, bibliographies and premiere content related to transportation in the American Encyclopedia of Law, presenting a comprehensive view of the United States transportation-specific issues, written by authorities in the field.
Subchapter I – Duties of The Secretary of Transportation in the Legal Encyclopedia: Department of Transportation
In this entry about Subchapter I – Duties of The Secretary of Transportation, find legal reference material, bibliographies and premiere content related to department of transportation in the American Encyclopedia of Law, presenting a comprehensive view of the United States department of transportation-specific issues, written by authorities in the field.
40-U.S.C.-311 in the Legal Encyclopedia: Administrative Law
In this entry about 40-U.S.C.-311, find legal reference material, bibliographies and premiere content related to administrative law in the American Encyclopedia of Law, presenting a comprehensive view of the United States administrative law-specific issues, written by authorities in the field.
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