54 U.S.C. · National Park Service and Related Programs
54 U.S.C. § 101935

Financial management

Ch. 1019 — CONCESSIONS AND COMMERCIAL USE AUTHORIZATIONS
Title 54 U.S.C. ● ACTIVE Primary Source Ch. 1019
Statutory Text

54 U.S.C. § 101935 — Financial management

U.S.C. Title 54 - NATIONAL PARK SERVICE AND RELATED PROGRAMS 54 U.S.C. United States Code, 2023 Edition Title 54 - NATIONAL PARK SERVICE AND RELATED PROGRAMS Subtitle I - National Park System DIVISION A - ESTABLISHMENT AND GENERAL ADMINISTRATION CHAPTER 1019 - CONCESSIONS AND COMMERCIAL USE AUTHORIZATIONS SUBCHAPTER III - COMMERCIAL SERVICES AUTHORIZATION Sec. 101935 - Financial management From the U.S. Government Publishing Office, www.gpo.gov

§101935. Financial management

(a) Revolving Fund.—There is established a revolving fund that shall be available to the Secretary without fiscal year limitation for— (1) expenses necessary for the management, improvement, enhancement, operation, construction, and maintenance of commercial visitor services and facilities; and (2) payment of possessory interest and leasehold surrender interest.

(b) Collection of Funds.— (1) Funds collected by the Secretary pursuant to the contracts awarded under this subchapter shall be credited to the revolving fund. (2) The Secretary is authorized to transfer to the revolving fund, without reimbursement, any additional funds or revenue in connection with the functions to be carried out under this subchapter.

(c) Use of Funds.—Amounts in the revolving fund shall be used by the Secretary in furtherance of the purposes of this title. No funds from this account may be used to decrease the availability of services and programs to the public.

(Added Pub. L. 114–289, title VII, §701, Dec. 16, 2016, 130 Stat. 1493.)

Source: uscode.house.gov — public domain Official Source ↗
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The statutory text of 54 U.S.C. § 101935 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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