Page:United States Statutes at Large Volume 96 Part 1.djvu/1055

 PUBLIC LAW 97-258—SEPT. 13, 1982

96 STAT. 1013

(1) except as provided in this chapter, may be used only for payments to State governments and units of general local government under this chapter; and (2) remain available until expended. (b) The Trust Fund consists of amounts appropriated to the Trust Fund. The following amounts may be appropriated to the Trust Fund: (1) $2,300,000,000 for each entitlement period to pay amounts allocated to State governments for that period under section 6705 of this title. (2) $4,566,700,000 for each entitlement period to pay entitlement amounts allocated to units of general local government for that period under sections 6708-6710 of this title. (c) The Secretary shall transfer to the general fund of the Treasury amounts in the Trust Fund the Secretary decides are not necessary for payments to State governments and units of general local government under this chapter.

.

§6704. Qualifications (a) Under regulations of the Secretary of the Treasury, a State government or unit of general local government qualifies for payment under this chapter for an entitlement period only after establishing to the satisfaction of the Secretary that— (1) the government will establish a trust fund in which the government will deposit all payments received; (2) the government will use amounts in the trust fund (including interest) during a reasonable period provided in the regulations of the Secretary; (3) the government will expend the payments received under laws and procedures applicable to the expenditure of revenues of the government; (4) if at least 25 percent of the pay of individuals employed by the government in a public employee occupation is paid out of the trust fund, individuals in the occupation any part of whose pay is paid out of the trust fund will receive pay at least equal to the prevailing rate of pay for individuals employed in similar public employee occupations by the government; (5) if at least 25 percent of the costs of a construction project are paid out of the trust fund, laborers and mechanics employed by contractors or subcontractors on the project will receive pay at least equal to the prevailing rate of pay for similar construction in the locality as determined by the Secretary of Labor under the Act of March 3, 1931 (known as the Davis-Bacon Act) (40 U.S.C. 276a et seq.), and the Secretary of Labor shall act on labor standards under this clause in a way that is consistent with Reorganization Plan No. 14 of 1950 (64 Stat. 1267) and SUSC app. section 2 of the Act of June 13, 1934 (40 U.S.C. 276c); (6) the government will use accounting, audit, and fiscal procedures conforming to guidelines prescribed by the Secretary of the Treasury (after the Secretary consults with the Comptroller General); (7) after reasonable notice to the government, the government will make available to the Secretary of the Treasury and the Comptroller General, with the right to inspect, records the Secretary reasonably requires to review compliance with this chapter or the Comptroller General reasonably requires to

�