United States Code (Last Updated: May 24, 2014) |
Title 22. FOREIGN RELATIONS AND INTERCOURSE |
Chapter 38. DEPARTMENT OF STATE |
§ 2684a. Capital Investment Fund
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(a) Establishment There is established within the Department of State a Capital Investment Fund to provide for the procurement and enhancement of information technology and other related capital investments for the Department of State and to ensure the efficient management, coordination, operation, and utilization of such resources.
(b) Funding Funds otherwise available for the purposes of subsection (a) of this section may be deposited in such Fund.
(c) Availability Amounts deposited into the Fund shall remain available until expended.
(d) Expenditures from Fund Amounts deposited in the Fund shall be available for purposes of subsection (a) of this section.
(e) Reprogramming procedures Funds credited to the Capital Investment Fund shall not be available for obligation or expenditure except in compliance with the procedures applicable to reprogramming notifications under section 2706 of this title.
Amendments
1998—Subsec. (a). Pub. L. 105–277, § 2209(1), inserted “and enhancement” after “procurement”.
Subsec. (c). Pub. L. 105–277, § 2209(2), substituted “shall” for “are authorized to”.
Subsec. (d). Pub. L. 105–277, § 2209(3), substituted “for purposes of subsection (a) of this section” for “for expenditure to procure capital equipment and information technology”.
Subsec. (e). Pub. L. 105–277, § 2209(4), reenacted heading without change and amended text generally. Prior to amendment, text read as follows: “Funds credited to the Capital Investment Fund shall be treated as a reprogramming of funds under section 2706 of this title and shall not be available for obligation or expenditure except in compliance with the procedures applicable to such reprogrammings.”