§ 385c. — Appropriation and disposition of power revenues.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 25USC385c]
TITLE 25--INDIANS
CHAPTER 11--IRRIGATION OF ALLOTTED LANDS
Sec. 385c. Appropriation and disposition of power revenues
Revenues collected after August 7, 1946, from power operations on
each Indian irrigation project and deposited into the Treasury for
credit to miscellaneous receipts pursuant to section 4 of the Permanent
Appropriation Repeal Act, 1934 (48 Stat. 1227), or pursuant to other
provisions of law, are authorized to be appropriated annually, in
specific or in indefinite amounts, equal to the collections so credited,
for the following purposes in connection with the respective projects
from which such revenues are derived: (1) Payment of the expenses of
operating and maintaining the power system; (2) creation and maintenance
of reserve funds to be available for making repairs and replacements to,
defraying emergency expenses for, and insuring continuous operation of
the power system, the fund for each project to be maintained at such
level, within limits set by the Director of the Office of Management and
Budget, as may from time to time be prescribed by the Secretary of the
Interior; (3) amortization, in accordance with the repayment provisions
of the applicable statutes or contracts, of construction costs allocated
to be returned from power revenues; and (4) payment of other expenses
and obligations chargeable to power revenues to the extent required or
permitted by law.
(Aug. 7, 1946, ch. 802, Sec. 3, 60 Stat. 895; 1970 Reorg. Plan No. 2,
Sec. 102, eff. July 1, 1970, 35 F.R. 7959, 84 Stat. 2085.)
References in Text
Section 4 of the Permanent Appropriation Repeal Act, 1934, referred
to in text, is section 4 of act June 26, 1934, ch. 756, 48 Stat. 1227,
which was classified to section 725c of former Title 31, and was omitted
from the Code in the general revision and enactment of Title 31, Money
and Finance, by Pub. L. 97-258, Sept. 13, 1982, 96 Stat. 877.
Codification
Section was formerly classified to section 725s-3 of Title 31 prior
to the general revision and enactment of Title 31, Money and Finance, by
Pub. L. 97-258, Sec. 1, Sept. 13, 1982, 96 Stat. 877.
Transfer of Functions
All functions vested by law (including reorganization plan) in
Bureau of the Budget or Director of Bureau of the Budget transferred to
President by section 101 of Reorg. Plan No. 2 of 1970, eff. July 1,
1970, 35 F.R. 7959, 84 Stat. 2085. Section 102 of Reorg. Plan No. 2 of
1970, redesignated Bureau of the Budget as Office of Management and
Budget.
