Chapter 3
Time
As noted, there are three major elements in determining the availability and proper use of government funds—purpose, time, and amount. The previous chapter discussed purpose. This chapter is about the second element, time.
As we will see during the discussion in this chapter, Congress sets time limits for most appropriations that limit the amount of time the appropriation is available to incur new obligations. After that initial time, the appropriation remains available for adjustments and payments that liquidate the obligations.
109. Why does Congress put time limits on the obligation and expenditure of appropriations?
It is all ...
Get The Appropriations Law Answer Book now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
