Page:United States Statutes at Large Volume 121.djvu/2062

 PUBLIC LAW 110–161—DEC. 26, 2007

121 STAT. 2041

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SEC. 821. (a) To account for an unanticipated growth of revenue collections, the amount appropriated as District of Columbia Funds pursuant to this Act may be increased— (1) by an aggregate amount of not more than 25 percent, in the case of amounts proposed to be allocated as ‘‘OtherType Funds’’ in the Fiscal Year 2008 Proposed Budget and Financial Plan submitted to Congress by the District of Columbia; and (2) by an aggregate amount of not more than 6 percent, in the case of any other amounts proposed to be allocated in such Proposed Budget and Financial Plan. (b) The District of Columbia may obligate and expend any increase in the amount of funds authorized under this section only in accordance with the following conditions: (1) The Chief Financial Officer of the District of Columbia shall certify— (A) the increase in revenue; and (B) that the use of the amounts is not anticipated to have a negative impact on the long-term financial, fiscal, or economic health of the District. (2) The amounts shall be obligated and expended in accordance with laws enacted by the Council of the District of Columbia in support of each such obligation and expenditure, consistent with the requirements of this Act. (3) The amounts may not be used to fund any agencies of the District government operating under court-ordered receivership. (4) The amounts may not be obligated or expended unless the Mayor has notified the Committees on Appropriations of the House of Representatives and Senate not fewer than 30 days in advance of the obligation or expenditure. SEC. 822. The Chief Financial Officer for the District of Columbia may, for the purpose of cash flow management, conduct short-term borrowing from the emergency reserve fund and from the contingency reserve fund established under section 450A of the District of Columbia Home Rule Act (Public Law 98–198): Provided, That the amount borrowed shall not exceed 50 percent of the total amount of funds contained in both the emergency and contingency reserve funds at the time of borrowing: Provided further, That the borrowing shall not deplete either fund by more than 50 percent: Provided further, That 100 percent of the funds borrowed shall be replenished within 9 months of the time of the borrowing or by the end of the fiscal year, whichever occurs earlier: Provided further, That in the event that short-term borrowing has been conducted and the emergency or the contingency funds are later depleted below 50 percent as a result of an emergency or contingency, an amount equal to the amount necessary to restore reserve levels to 50 percent of the total amount of funds contained in both the emergency and contingency reserve fund must be replenished from the amount borrowed within 60 days. SEC. 823. (a) None of the funds contained in this Act may be used to enact or carry out any law, rule, or regulation to legalize or otherwise reduce penalties associated with the possession, use, or distribution of any schedule I substance under the Controlled Substances Act (21 U.S.C. 801 et seq.) or any tetrahydrocannabinols derivative.

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Certification.

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