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B-199966 1 (1980-09-10)

handle is hein.gao/gaobadioc0001 and id is 1 raw text is: DECISID FILE: B-199 MATTER OF DIGEST: 966 \'~\THE COMTROLLER GENERAL' .: 31 H UIE STATES W4.~ WA S HA N G-T N; 0- .#. 20 548a /o CCIra? DATE: September 10, 1980 Period of Availability of Foreign Assistance Loan Funds Appropriated by Fiscal Year 1980 Continuing Resolution 1. Funds appropriated for development assistance loans by fiscal year 1930 continuing resolution remain available for obligation through September 30, 1981.. -Specific designation in House bill, incorporated by reference in continu- ing resolution, of two year period of availability of loan funds is exception to general provision in resolution that all funds appropriated thereby are available for only one year. 2. Funds appropriated for foreign assistance for fiscal year 1980 by continuing resolution are subject to limitation that no more than 15 per- cent of amount of appropriation may be obligated or reserved during the last month of availability;- The General Counsel of the Agency for International Development has requested our opinion on two questions arising under the Joint Resolution Making further continuing appropriations for the fiscal year 1980, and for othe purposes, Public Law 96-123, 93 Stat. 923 (continuing res[ution).VFirst he asks whether funds appropriated for foreign econic assistance loans are available beyond the end.of. fiscal year 1980. Second, he asks whether the limitation on the. percentage of an appropriation which can be obligated in the final month of availability, contained in the fiscal year 1979 appropria- tion act for foreign assistance (as wel as in the House-passed foreign assistance appropriations act for fiscal year 1980), applies to funds appropriated by the current continuing resolution. For the reasons indicated below, we conclude (1) that foreign assistance loan funds appropriated by the continuing resolution are available until September 30, 1981; and (2) that the limit on final month obligations applies to foreign assistance funds appropriated. for fiscal year 1980 by the continuing resolution. Question 1 Section 101(a) of the continuing resolution appropriates: (1) Such amounts as may be necessary for continuing projects or activities (not otherwise specifically provided for in this joint resolution) 0

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