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B-114877 1 (1975-11-11)

handle is hein.gao/gaobadcti0001 and id is 1 raw text is: STHE COMPTROLLER GENERAL L4- D!RCISION OF THE UNITED STATES WASHINGTON, D.C. 20548 FILE: DATE: NOV11 B-114877 1975 MACTTER OF:Availability of Appropriations For Grants to Eisenhower College DIGEST: 1. 1976 appropriation for $1 million payment to Eisenhower College (and Rayburn Library) based on percentages of -proceeds from sale of $1 proof coins bearing Eisenhower likeness as provided by Public Law 93-441 must be con- strued as having meaningful effect. Thus, since only proceeds during availability period of this appropriation will be from sales of $1 proof coins bearing Bicentennial design on reverse side, rather than Apollo 11 design originally provided for by Pub. L. No. 93-441, such proceeds may be used for payments to College and Library pursuant to 1976 appropriation. 2. Appropriation for payments to Eisenhower College, contained in Supplemental Appropriation Act, 1975, does not provide for availability beyond fiscal year. Section 201 of Act provides that no appropriation contained therein shall remain available for obligation beyond fiscal year unless expressly so provided. Appropriation in Act for Eiserjt. r College is therefore not available for obligation in fiscal year 1976. The General Counsel of the Department of the Treasury has requested our decision as to whether certain funds appropriated to the Bureau of Government Financial Operations are available to make payments to Eisenhower College and the Sam Rayburn Library as grants under the pro- visions of Pub. L. No. 93-441, 88 Stat. 1261, October 11, 1974. The circumstances giving rise to the situation, and the question presented, are stated by the General Counsel as follows: Section 201 of the Bank Holding Company Act Amend- ments of 1970, approved December 31, 1970 (Public Law 91- 607), added a subsection (d) to section 101 of the Coinage Act of 1965 (31 U.S.C. 391) which authorized the Secretary of the Treasury to mint and issue not more than 150 million silver-clad dollars. Section 203 of that Act required that the dollars initially minted under section 101 of the - 1-

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