Page:United States Statutes at Large Volume 109 Part 1.djvu/122

 109 STAT. 106 PUBLIC LAW 104-8—APR. 17, 1995 (3) APPROPRIATIONS REQUIRED.— No amount may be obligated or expended by the Authority for a fiscal year (beginning with fiscal year 1996) unless such amount has been approved by Act of Congress, and then only according to such Act. (4) CONFORMING AMENDMENT.— Section 453(c) of the District of Columbia Self-Government and Governmental Reorga- 105 Stat. 539. nization Act (sec. 47-304.1(c), D.C. Code) is amended by striking the period at the end and inserting the following: ", or to the District of Columbia Financial Responsibility and Management Assistance Authority established under section 101(a) of the District of Columbia Financial Responsibility and Management Assistance Act of 1995.". (b) SPECIAL RULE FOR FUNDING OF OPERATIONS DURING FISCAL YEAR 1995.— As soon as practicable after the appointment of its members, the Authority shall submit to the Mayor and the President— (1) a request for reprogramming of funds under subsection (c)(1); and (2) a description of anticipated expenditures of the Authority for fiscal year 1995 (which shall be transmitted to Congress). (c) SOURCES OF FUNDS. — (1) USE OF PREVIOUSLY APPROPRIATED FUNDS IN DISTRICT BUDGET.—The Mayor shall transfer funds previously appropriated to the District government for a fiscal year for auditing and consulting services to the Authority (in such amounts as are provided in the budget request of the Authority under subsection (a) or, with respect to fiscal year 1995, the request submitted under subsection (b)(1)) for the purpose of carrying out the Authority's activities during the fiscal year. (2) OTHER SOURCES OF FUNDS. — For provisions describing the sources of funds available for the operations of the Authority during a fiscal year (in addition to any interest earned on accounts of the Authority during the year), see section 204(b)(1)(A) (relating to the set-aside of amounts requisitioned from the Treasury by the Mayor) and section 213(b)(3) (relating to the use of interest accrued from amounts in a debt service reserve fund of the Authority). SEC. 107. SUSPENSION OF ACTIVITIES. (a) SUSPENSION UPON PAYMENT OF AUTHORITY OBLIGATIONS.— (1) IN GENERAL. —Upon the expiration of the 12-month period which begins on the date that the Authority certifies that all obligations arising from the issuance by the Authority of bonds, notes, or other obligations pursuant to subtitle B of title II have been discharged, and that all borrowings by or on behalf of the District of Columbia pursuant to title VI of the District of Columbia Revenue Act of 1939 (sec. 47- 3401, D.C. Code) have been repaid, the Authority shall suspend any activities carried out under this Act and the terms of the members of the Authority shall expire. (2) No SUSPENSION DURING CONTROL YEAR.— The Authority may not suspend its activities pursuant to paragraph (1) at any time during a control year. (b) REACTIVATION UPON INITIATION OF CONTROL PERIOD. —Upon receiving notice from the Chairs of the Appropriations Committees of the House of Representatives and the Senate that a control period has been initiated (as described in section 209) at any time

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