About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

B-239249 1 (1991-04-15)

handle is hein.gao/gaobadnwg0001 and id is 1 raw text is: Decision Matter of: Department of the Air Force--Claims on Checks Subject to Limited Payability Provisions of Competitive Equality Banking Act of 1987 File: B-239249 Date- April 15, 1991 DIGST 1. An agency may, in issuing replacement checks for pre- effective date checks canceled under the p .ovisions of Public Law 100-86, charge the original appropriation that supported the obligation to the extent funds remain available. 2. Availability of funds is subject to the new account closing procedures enacted in the National Defense Authorization Act, Fiscal Year 1991. Pub. L. No. 101-510. This is in response to a request for an advance decision from the Department of the Air Force (Department) on the proper fundin for payment of valid claims presented on checks issued prior to October 1, 1989 and thus subject to cancellation under the provisions of Public Law 100-86, 5 1003, 101 Stat. 65V (1987). BACKGROUND The Competitive Equality Banking Act of 1987, Public Law 100-86, § 1006, 101 Stat. 659 (1987), amended 31 U.S.C. S 3328 and created a new secticn 3334 to establish time limits on the payability of government checks. The new section 3334 provides that: (b) Checks issued before eftetin date.--(1) Not later than 18 months after the effective date of this section, the Secretary shall identify and cancel all Treasury checks issued before such effective date that have not been paid in accordance with section 3328 of this title. (2) The proceeds from checks cancelled pursuant to paragraph (1) shall be applied to eliminate the balances in accounts that represent uncollectible accounts receivable and other costs associated with the payment of checks and check claims by the Department of the Treasury on behalf of all payment

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most