36 USC 152411 - Authorization of Appropriations

(a) Authorization.—There are authorized to be appropriated to the corporation for the first fiscal year beginning on or after the date of the enactment of this chapter and each succeeding fiscal year through fiscal year 2016 an amount not to exceed the amount of private contributions (whether in currency, services, or property) made to the corporation by private persons and State and local governments.

(b) Limitation Related to Administrative Expenses.—Amounts authorized under this section may not be used by the corporation for management and general or fundraising expenses as reported to the Internal Revenue Service as part of an annual information return required under the Internal Revenue Code of 1986.

(Added Pub. L. 106–474, title II, §201(a), Nov. 9, 2000, 114 Stat. 2094; amended Pub. L. 110–336, §2(b)(1)(A), (4), Oct. 2, 2008, 122 Stat. 3726, 3727.)

Sections:  Previous  152404  152405  152406  152407  152408  152409  152410  152411  152412  152501  152502  152503  152504  152505  152506  Next

Last modified: October 26, 2015