Tag: RS20348

Obligation (CongressionalGlossary.com)

Obligation (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Obligation photo credit: smudie A legally binding agreement that will result in outlays, immediately or in the future. A promise to pay. The obligation, the promise to pay, is the initial action in the Federal spending process. Appropriations laws establish whether funds are available to […]

Antideficiency Act /  Antideficiency Act Violation (CongressionalGlossary.com)

Antideficiency Act / Antideficiency Act Violation (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Antideficiency Act / Antideficiency Act Violation photo credit: .through my eyes. The Antideficiency Act is a federal law (Pub.L. 97-258, 96 Stat. 923, 1982, 31 U.S.C. §§ 1341-1342, 1511-1519) that: Prohibits the making of expenditures or the incurring of obligations in advance of an appropriation […]

Administrative Division or Subdivision of Funds (CongressionalGlossary.com)

Administrative Division or Subdivision of Funds (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Administrative Division or Subdivision of Funds     Administrative Division or Subdivision of Funds: any apportionment or other distribution of an appropriation or fund made pursuant to the Antideficiency Act (31 U.S.C. §§ 1511-1519). The appropriation may be divided or subdivided administratively within the limits […]