Page:United States Statutes at Large Volume 120.djvu/2052

 PUBLIC LAW 109–356—OCT. 16, 2006

120 STAT. 2021

Committee on Homeland Security and Governmental Affairs of the Senate not fewer than 30 days in advance of the obligation or expenditure. ‘‘(c) EFFECTIVE DATE.—This section shall apply with respect to fiscal years 2006 through 2007.’’. (b) CONFORMING AMENDMENT.—The fourth sentence of section 446 of such Act (sec. 1–204.46, D.C. Official Code) is amended by inserting ‘‘section 446A,’’ after ‘‘section 445A(b),’’. (c) CLERICAL AMENDMENT.—The table of contents of such Act is amended by inserting after the item relating to section 446 the following new item: ‘‘Sec. 446A. Permitting increase in amount appropriated as local funds during a fiscal year.’’. SEC. 102. ADDITIONAL AUTHORITY TO ALLOCATE AMOUNTS IN RESERVE FUNDS.

(a) IN GENERAL.—Section 450A of the District of Columbia Home Rule Act (sec. 1–204.50A, D.C. Official Code) is amended— (1) by redesignating subsection (c) as subsection (d); and (2) by inserting after subsection (b) the following new subsection: ‘‘(c) ADDITIONAL AUTHORITY TO ALLOCATE AMOUNTS.— ‘‘(1) IN GENERAL.—Notwithstanding any other provision of this section, in addition to the authority provided under this section to allocate and use amounts from the emergency reserve fund under subsection (a) and the contingency reserve fund under subsection (b), the District of Columbia may allocate amounts from such funds during a fiscal year and use such amounts for cash flow management purposes. ‘‘(2) LIMITS ON AMOUNT ALLOCATED.— ‘‘(A) AMOUNT OF INDIVIDUAL ALLOCATION.—The amount of an allocation made from the emergency reserve fund or the contingency reserve fund pursuant to the authority of this subsection may not exceed 50 percent of the balance of the fund involved at the time the allocation is made. ‘‘(B) AGGREGATE AMOUNT ALLOCATED.—The aggregate amount allocated from the emergency reserve fund or the contingency reserve fund pursuant to the authority of this subsection during a fiscal year may not exceed 50 percent of the balance of the fund involved as of the first day of such fiscal year. ‘‘(3) REPLENISHMENT.—If the District of Columbia allocates any amounts from a reserve fund pursuant to the authority of this subsection during a fiscal year, the District shall fully replenish the fund for the amounts allocated not later than the earlier of— ‘‘(A) the expiration of the 9-month period which begins on the date the allocation is made; or ‘‘(B) the last day of the fiscal year. ‘‘(4) EFFECTIVE DATE.—This subsection shall apply with respect to fiscal years 2006 through 2007.’’. (b) SPECIAL RULE FOR TIMING OF REPLENISHMENT AFTER SUBSEQUENT ALLOCATION.— (1) EMERGENCY RESERVE FUND.—Section 450A(a)(7) of such Act (sec. 1–204.50A(a)(7), D.C. Official Code) is amended— (A) by striking ‘‘(7) REPLENISHMENT.—’’ and inserting the following:

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