District Of Columbia § 47-391.06 - Funding for operation of Authority.
Full text of District Of Columbia D.C. Code § 47-391.06 — Funding for operation of Authority., with citation guidance and answers to common questions.
§ 47-391.06. Funding for operation of Authority.
47-391.06The Authority shall submit a proposed budget for each fiscal year to the President for inclusion in the annual budget for the District of Columbia under part D of title IV of the District of Columbia Home Rule Act not later than the May 1 prior to the first day of the fiscal year. In the case of the budget for fiscal year 1996, the Authority shall submit its proposed budget not later than July 15, 1995.
The budget shall describe:
Expenditures of the Authority by each object class, including expenditures for staff of the Authority;
Services of personnel and other services provided by or on behalf of the Authority for which the Authority made no reimbursement; and
Any gifts or bequests made to the Authority during the previous fiscal year.
No amount may be obligated or expended by the Authority for a fiscal year (beginning with fiscal year 1996) unless such amount has been approved by Act of Congress, and then only according to such Act.
As soon as practicable after the appointment of its members, the Authority shall submit to the Mayor and the President:
A request for reprogramming of funds under subsection (c)(1) of this section; and
A description of anticipated expenditures of the Authority for fiscal year 1995 (which shall be transmitted to Congress).
The Mayor shall transfer funds previously appropriated to the District government for a fiscal year for auditing and consulting services to the Authority (in such amounts as are provided in the budget request of the Authority under subsection (a) of this section or, with respect to fiscal year 1995, the request submitted under subsection (b)(1) of this section) for the purpose of carrying out the Authority’s activities during the fiscal year.
For provisions describing the sources of funds available for the operations of the Authority during a fiscal year (in addition to any interest earned on accounts of the Authority during the year), see (relating to the set-aside of amounts requisitioned from the Treasury by the Mayor) and (relating to the use of interest accrued from amounts in a debt service reserve fund of the Authority).
Notwithstanding any other provision of this act, the Authority may transfer or otherwise expend any amounts derived from interest earned on accounts held by the Authority on behalf of the District of Columbia for such purposes as it considers appropriate to promote the economic stability and management efficiency of the District government.
Notwithstanding subsection (a)(3) of this section, any amounts transferred or otherwise expended pursuant to paragraph (1) of this subsection may be obligated or expended without approval by Act of Congress.
Annotations
“This act,” referred to in (d)(1), is title XI of Pub. L. 105-33, 111 Stat. 712, the National Capital Revitalization and Self-Government Improvement Act of 1997.
“Part D of title IV of the District of Columbia Home Rule Act,” referred to in (a)(1), is part D, §§ 441 to 456, of Title IV of Pub. L. 93-198, 87 Stat. 774, approved December 24, 1973, which are codified as §§ , , , , , to , to , and .
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 47-391.06
What does D.C. Code § 47-391.06 cover?
Section 47-391.06 ("Funding for operation of Authority.") is part of the D.C. Code, the codified statutory law of District Of Columbia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite District Of Columbia § 47-391.06?
A common citation format is "D.C. Code § 47-391.06" (District Of Columbia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of District Of Columbia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the District Of Columbia official source linked on this page or consult a licensed District Of Columbia attorney.
How does District Of Columbia § 47-391.06 apply to my situation?
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Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in District Of Columbia.