Page:United States Statutes at Large Volume 120.djvu/1766

 PUBLIC LAW 109–313—OCT. 6, 2006

120 STAT. 1735

(c) REFERENCES.—Any reference in any other Federal law, Executive order, rule, regulation, reorganization plan, or delegation of authority, or in any document— (1) to the Federal Supply Service is deemed to refer to the Federal Acquisition Service; (2) to the GSA Federal Technology Service is deemed to refer to the Federal Acquisition Service; (3) to the Commissioner of the Federal Supply Service is deemed to refer to the Commissioner of the Federal Acquisition Service; and (4) to the Commissioner of the GSA Federal Technology Service is deemed to refer to the Commissioner of the Federal Acquisition Service.

40 USC 303 note.

22 USC 2669; 44 USC 2107 note. 10 USC 2302 note.

SEC. 3. ACQUISITION SERVICES FUND.

(a) ABOLISHMENT OF GENERAL SUPPLY FUND AND INFORMATION TECHNOLOGY FUND.—The General Supply Fund and the Information Technology Fund in the Treasury are hereby abolished. (b) TRANSFERS.—Capital assets and balances remaining in the General Supply Fund and the Information Technology Fund as in existence immediately before this section takes effect shall be transferred to the Acquisition Services Fund and shall be merged with and be available for the purposes of the Acquisition Services Fund under section 321 of title 40, United States Code (as amended by this Act). (c) ASSUMPTION OF OBLIGATIONS.—Any liabilities, commitments, and obligations of the General Supply Fund and the Information Technology Fund as in existence immediately before this section takes effect shall be assumed by the Acquisition Services Fund. (d) EXISTENCE AND COMPOSITION OF ACQUISITION SERVICES FUND.—Subsections (a) and (b) of section 321 of title 40, United States Code, are amended to read as follows: ‘‘(a) EXISTENCE.—The Acquisition Services Fund is a special fund in the Treasury. ‘‘(b) COMPOSITION.— ‘‘(1) IN GENERAL.—The Fund is composed of amounts authorized to be transferred to the Fund or otherwise made available to the Fund. ‘‘(2) OTHER CREDITS.—The Fund shall be credited with all reimbursements, advances, and refunds or recoveries relating to personal property or services procured through the Fund, including— ‘‘(A) the net proceeds of disposal of surplus personal property; and ‘‘(B) receipts from carriers and others for loss of, or damage to, personal property; and ‘‘(C) receipts from agencies charged fees pursuant to rates established by the Administrator. ‘‘(3) COST AND CAPITAL REQUIREMENTS.—The Administrator shall determine the cost and capital requirements of the Fund for each fiscal year and shall develop a plan concerning such requirements in consultation with the Chief Financial Officer of the General Services Administration. Any change to the cost and capital requirements of the Fund for a fiscal year shall be approved by the Administrator. The Administrator shall establish rates to be charged agencies provided, or to

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40 USC 321 note.

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