Federal Appropriations Law: This book is written by William Mayers. You can download it freely in pdf format.
- United States Constitution, art. I, § 8, empowers Congress to “. . . to lay and collect taxes, duties, imports, and excise duties, to pay the debts and provide for the common defense and general welfare of the United States. . . .”
- United States Constitution, art. I, § 9, provides that “[N]o Money may be withdrawn from the Treasury except in Consequence of an Appropriation made by Law.”
Supreme Court Tax Philosophy: “The established rule is that the expenditure of public funds is proper only when authorized by Congress, not that public funds may be spent unless prohibited by Congress.” United States v. MacCollom, 426 U.S. 317 (1976).
- The fiscal year of the Federal Government begins on October 1 and ends on September 30.
- Availability period. Most allowances are available by obligation for a limited period of time, for example, one fiscal year for O&M allowances. If the activities do not obligate the funds during the availability period, the funds expire and are generally not available for obligation thereafter.
- Obligation. An obligation is an act that legally binds the government to make a payment. Liabilities are amounts that represent orders placed, contracts awarded, services received, and similar transactions during an accounting period that will require payment during the same period or in a future period.
|Book Name||Federal Appropriations Law|
|Author of Book||William Mayers|
|Category||Tax Law Books|
Overview of Federal Appropriations Law Pdf Free DownloadAccording to William Mayers, budget authority means “the authority granted by federal law to incur financial obligations. . . .” 2 USC § 622(2).
Examples of budget authority include appropriations, authority to borrow, authority to hire, and authority to spend from revenue offsets.
“Contract authority,” as noted above, is a limited form of budget authority. The contracting authority allows agencies to commit funds prior to appropriations, but not to pay or disburse those funds without authorization of additional appropriations. An authorizing act is a statute, passed annually by Congress, that authorizes the appropriation of funds for programs and activities. An authorizing law does not grant budget authority. That power is derived from the appropriations law.
Topics of this Edition
- Introduction to Fiscal Law
- Availability of Appropriations as to Purpose
- Availability of Appropriations as to Time
- The Anti-Deficiency Act
- Obligating Appropriated Funds
- Fiscal Law Research
About the Author
Association of Government Accountants
Professional Development Training
April 5, 2019
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