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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 31 U.S.C. § 6702 Local Government Fiscal Assistance Fund us united_states_code code_section 31 MONEY AND FINANCE 67 FEDERAL PAYMENTS 6702 31 U.S.C. § 6702 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip /us/usc/t31/s6702 data/legal/raw/us/code/title-31/usc31.xml 7df6aec5790288ccc0ce862598db11af85b1798e0e35739cf68af62530462d03 94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704 b4880928a485cd23f8a92a2104b3d2f29fa70d8590fa0408ae927a061fc85347 2026-07-04 official
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31 U.S.C. § 6702 - Local Government Fiscal Assistance Fund

Text

(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. 103322, title III, § 31001(a), Sept. 13, 1994, 108 Stat. 1861.)

Notes

Editorial Notes

Prior ProvisionsA prior section 6702, Pub. L. 97258, Sept. 13, 1982, 96 Stat. 1012, related to payments to governments, prior to repeal by Pub. L. 99272, title XIV, § 14001(a)(1), (e), Apr. 7, 1986, 100 Stat. 327, 329, eff. Oct. 18, 1986.

Statutory Notes and Related Subsidiaries

Deficit NeutralityPub. L. 103322, 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. 103322, 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.”