Section 1003 [Repealed]
Impoundment Control Act of 1974
repeal of existing impoundment reporting provision
Sec. 1003. Section 203 of the Budget and Accounting Procedures Act of 1950 is repealed.
[Repealed by Public Law 97-258]
This section was deleted by Public Law 97-258. The text was not codified in the United States Code. P.L. 97-258 revised title 31 in general and deleted others that were no longer necessary. This section was considered so since, once enacted, it had served its purpose in repealing section 203 of the Budget and Accounting Procedures Act of 1950.
The Repeal of Section 203 of the Budget and Accounting Procedures Act of 1950
Section 1003 of the Impoundment Control Act of 1974 repealed section 203 of the Budget and Accounting Procedures Act of 1950. Section 1003 was in turn repealed by Pub. L. 97-258, an Act that reorganized financial provisions of the law, restructuring them in Title 31 of the U.S. Code. The text of section 203 repealed by the ICA is as follows:
Sec. 203. (a) On or before the dates set forth in subsection (c), the President shall transmit to the Congress a report on funds impounded during the periods specified in such subsection containing the following information with respect to each impoundment:
(1) the amount of the funds impounded;
(2) the date on which the funds were ordered to be impounded:
(3) the date the funds were impounded;
(4) any department or establishment of the Government to which such impounded funds would have been available for obligation except for such impoundment:
(5) the period of time during which the funds are to be impounded:
(6) the reasons for the impoundment; and
(7) to the maximum extent practicable, the estimated fiscal, economic, and budgetary effect of the impoundment.
(b) The reports transmitted pursuant to subsection (a) for the second, third, and fourth periods of a fiscal year shall also contain the following information:
(1) any revisions in the information transmitted with respect to any impoundment for any prior period of the fiscal year, and
(2) a cumulative statement, by program, activity, or project and by the department or establishment of the Government of impoundments since the beginning of the fiscal year, including impoundments during the period for which the report is transmitted.
(c) The first report for any fiscal year shall be transmitted on or before October 15 of such year and shall cover the period through September 30 of such year. The second and third reports for any fiscal year shall be submitted on or before the fifteenth and ninetieth days, respectively, after the submission of the Budget for such fiscal year and shall cover the periods through the date of the submission of the Budget and seventy-five days after such date, respectively. The fourth report for any fiscal year shall be submitted on or before July 15 following the close of such fiscal year and shall cover the remainder of the fiscal year. If on the day of transmittal of any report pursuant to subsection (a), the Senate or the House of Representatives; or both, are not in session, the Secretary of the Senate or the Clerk of the House of Representatives is authorized to receive such report for the Senate or the House of Representatives, as the case may be.
(d) The President shall transmit to the Comptroller General of the United States a copy of each report transmitted pursuant to sub- section (a) on the same day on which such report is transmitted to the Congress.
(e) Each, report transmitted pursuant to subsection (a) shall be printed in the first issue of the Federal Register published after the date on which such report is transmitted.
LEGISLATIVE HISTORY NOTES
Pub. L. 93–344, title X, §1001, July 12, 1974, 88 Stat. 332 (Congressional Budget and Impoundment Control Act of 1974).
REVISION AND CODIFICATION OF TITLE 31 OF THE U.S. CODE
Pub. L. 97-258, 96 Stat. 877, September 13, 1982: The Act Repealed the Following Provisions of the Congressional Budget and Impoundment Control Act of 1974. See page 1082 of volume 96 of the Statutes at Large for the chart showing the list of repealed sections of law.
Title of Pub. L. 97-258: An Act to revise, codify, and enact without substantive change certain general and permanent laws, related to money and finance, as title 31, United States Code, “Money and Finance”.
This Act made a variety of amendments to finance and money provisions of law, codifying them in Title 31 of the U.S. Code. The following changes were made to the Congressional Budget and Impoundment Control Act of 1974.
Sections in the Impoundment Control Act of 1974 repealed by Pub. L. 97-258:
|Public Law 93-344||Statutes at Large|
|Section 1002. Amendment to Antideficiency Act||88 Stat. 332|
|Section 1003. Repeal of Existing Impoundment Reporting Provision||88 Stat. 332|