Page:United States Statutes at Large Volume 109 Part 1.djvu/135

 PUBLIC LAW 104-8 —APR. 17, 1995 109 STAT. 119 (4) SPECIAL RULE FOR CONTRACTS SUBJECT TO COUNCIL APPROVAL. —In the case of a contract or lease which is required to be submitted to the Authority under this subsection and which is subject to approval by the Council under the laws of the District of Columbia, the Mayor shall submit such contract or lease to the Authority only after the Council has approved the contract or lease. / (c) RESTRICTIONS ON REPROGRAMMING OF AMOUNTS IN BUDGET DURING CONTROL YEARS.— (1) SUBMISSIONS OF REQUESTS TO AUTHORITY. — If the Mayor submits a request to the Council for the reprogramming of any amounts provided in a budget for a fiscal year which is a control year after the budget is adopted by the Council, the Mayor shall submit such request to the Authority, which shall analyze the effect of the proposed reprogramming on the financial plan and budget for the fiscal year and submit its analysis to the Council not later than 15 days after receiving the request. (2) No ACTION PERMITTED UNTIL ANALYSIS RECEIVED.— The Council may not adopt a reprogramming during a fiscal year which is a control year, and no officer or employee of the District government may carry out any reprogramming during such a year, until the Authority has provided the Council with an analysis of a request for the reprogramming in accordance with paragraph (1). SEC. 204. RESTRICTIONS ON BORROWING BY DISTRICT DURING CON- TROL YEAR. (a) PRIOR APPROVAL REQUIRED. — (1) IN GENERAL.— The District government may not borrow money during a control year unless the Authority provides prior certification that both the receipt of funds through such borrowing and the repayment of obligations incurred through such borrowing are consistent with the financial plan and budget for the year. (2) REVISIONS TO FINANCIAL PLAN AND BUDGET PER- MITTED.—I f the Authority determines that the borrowing proposed to be undertaken by the District government is not consistent with the financial plan and budget, the Mayor may submit to the Authority a proposed revision to the financial plan and budget in accordance with section 202(e) so that the borrowing will be consistent with the financial plan and budget as so revised. (3) BORROWING DESCRIBED.— Th is subsection shall apply with respect to any borrowing undertaken by the District government, including borrowing through the issuance of bonds under part E of title IV of the District of Columbia Self- Government and Governmental Reorganization Act, the exercise of authority to obtain funds from the United States Treasury under title VI of the District of Columbia Revenue Act of 1939 (sec. 47-3401, D.C. Code), or any other means. (4) SPECIAL RULES FOR TREASURY BORROWING DURING FIS- CAL YEAR 1995. — (A) No PRIOR APPROVAL REQUIRED DURING INITIAL PERIOD FOLLOWING APPOINTMENT.—The District government may requisition advances from the United States Treasury under title VI of the District of Columbia Revenue

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