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U.S. Code, Title 20, Education
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General SummaryThe U.S. Code is a consolidation and codification by subject matter of the general and permanent laws of the United States. While every effort has been made to ensure that this reproduction of the Code is accurate, those using it for legal purposes should verify their results against the printed version of the Code available through the Government Printing Office.
§ 3483. Working Capital Fund
(a) Establishment; administrative services included
The Secretary, with the approval of the Director of the Office of Management and Budget, is authorized to establish for the Department a working capital fund, to be available without fiscal year limitation, for expenses necessary for the maintenance and operation of such common administrative services as the Secretary shall find to be desirable in the interests of economy and efficiency, including such services as—
(1) a central supply service for stationery and other supplies and equipment for which adequate stocks may be maintained to meet in whole or in part the requirements of the Department and its components;
(2) central messenger, mail, telephone, and other communications services;
(3) office space, central services for document reproduction, and for graphics and visual aids; and
(4) a central library service.
(b) Capital; reimbursement of funds; credit; miscellaneous receipts; transfers
The capital of the fund shall consist of any appropriations made for the purpose of providing working capital and the fair and reasonable value of such stocks of supplies, equipment, and other assets and inventories on order as the Secretary may transfer to the fund, less the related liabilities and unpaid obligations. Such funds shall be reimbursed in advance from available funds of agencies and offices in the Department, or from other sources, for supplies and services at rates that will approximate the expense of operation, including the accrual of annual leave and the depreciation of equipment. The fund shall also be credited with receipts from sale or exchange of property and receipts in payment for loss or damage to property owned by the fund. There shall be covered into the Treasury as miscellaneous receipts any surplus of the fund (all assets, liabilities, and prior losses considered) above the amounts transferred or appropriated to establish and maintain such fund. There shall be transferred to the fund the stocks of supplies, equipment, other assets, liabilities, and unpaid obligations relating to the services which the Secretary determines, with the approval of the Director of the Office of Management and Budget, will be performed.
(Pub. L. 96–88, title IV, § 423, Oct. 17, 1979, 93 Stat. 687.)
Contents:
Chicago:
"U.S. Congress, Office of the Law Revision Counsel", "§ 3483. Working Capital Fund," U.S. Code, Title 20, Education in U.S. Code, Title 20, Education (Washington, D.C.: Government Printing Office, 2002), Original Sources, accessed July 15, 2025, http://www.originalsources.com/Document.aspx?DocID=DDEGSSKV5K9ZCZL.
MLA:
"U.S. Congress, Office of the Law Revision Counsel". "§ 3483. Working Capital Fund." U.S. Code, Title 20, Education, in U.S. Code, Title 20, Education, Washington, D.C., Government Printing Office, 2002, Original Sources. 15 Jul. 2025. http://www.originalsources.com/Document.aspx?DocID=DDEGSSKV5K9ZCZL.
Harvard:
"U.S. Congress, Office of the Law Revision Counsel", '§ 3483. Working Capital Fund' in U.S. Code, Title 20, Education. cited in 2002, U.S. Code, Title 20, Education, Government Printing Office, Washington, D.C.. Original Sources, retrieved 15 July 2025, from http://www.originalsources.com/Document.aspx?DocID=DDEGSSKV5K9ZCZL.
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