Establishment
There is established within the Department of State a Capital Investment Fund to provide for the procurement and enhancement of information technology and other related capital investments for the Department of State and to ensure the efficient management, coordination, operation, and utilization of such resources.
Funding
Funds otherwise available for the purposes of subsection (a) may be deposited in such Fund.
Availability
Amounts deposited into the Fund shall remain available until expended.
Expenditures from Fund
Amounts deposited in the Fund shall be available for purposes of subsection (a).
Reprogramming procedures
section 2706 of this titleFunds credited to the Capital Investment Fund shall not be available for obligation or expenditure except in compliance with the procedures applicable to reprogramming notifications under .
Pub. L. 103–236, title I, § 135108 Stat. 396Pub. L. 105–277, div. G112 Stat. 2681–811(, , ; , subdiv. B, title XXII, § 2209, , .)
Editorial Notes
Amendments
Pub. L. 105–277, § 2209(1)1998—Subsec. (a). , inserted “and enhancement” after “procurement”.
Pub. L. 105–277, § 2209(2)Subsec. (c). , substituted “shall” for “are authorized to”.
Pub. L. 105–277, § 2209(3)Subsec. (d). , substituted “for purposes of subsection (a)” for “for expenditure to procure capital equipment and information technology”.
Pub. L. 105–277, § 2209(4)section 2706 of this titleSubsec. (e). , reenacted heading without change and amended text generally. Prior to amendment, text read as follows: “Funds credited to the Capital Investment Fund shall be treated as a reprogramming of funds under and shall not be available for obligation or expenditure except in compliance with the procedures applicable to such reprogrammings.”