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48 U.S.C. § 218

U.S. CodeFederal
About This Law
pg_id_58895::119-84
Title
48 — Territories and Insular Possessions
Chapter
CH18
Release
119-84
Release Date
2026-04-17

Section Text

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- Carry-Over of Unused Funds“If in any year the funds made available by the Government of the United States for that year pursuant to this Article are not completely obligated by the Government of the Federated States of Micronesia, the unobligated balances shall remain available in addition to the funds to be provided in subsequent years. Beginning in Fiscal Year 2024, the carry­over of funds provided under this Article shall be governed by Article IX of the 2023 Fiscal Procedures Agreement.

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