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47 USC § 1457 - Public Safety Trust Fund

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USCPrelim is a preliminary release and may be subject to further revision before it is released again as a final version.

Current through Pub. L. 113-99. (See Public Laws for the current Congress.)

(a) Establishment of Public Safety Trust Fund
(1) In general
There is established in the Treasury of the United States a trust fund to be known as the Public Safety Trust Fund.
(2) Availability
Amounts deposited in the Public Safety Trust Fund shall remain available through fiscal year 2022. Any amounts remaining in the Fund after the end of such fiscal year shall be deposited in the general fund of the Treasury, where such amounts shall be dedicated for the sole purpose of deficit reduction.
(b) Use of Fund
As amounts are deposited in the Public Safety Trust Fund, such amounts shall be used to make the following deposits or payments in the following order of priority:
(1) Repayment of amount borrowed for First Responder Network Authority
An amount not to exceed $2,000,000,000 shall be available to the NTIA to reimburse the general fund of the Treasury for any amounts borrowed under section 1427 of this title.
(2) State and Local Implementation Fund
$135,000,000 shall be deposited in the State and Local Implementation Fund established by section 1441 of this title.
(3) Buildout by First Responder Network Authority
$7,000,000,000, reduced by the amount borrowed under section 1427 of this title, shall be deposited in the Network Construction Fund established by section 1426 of this title.
(4) Public safety research
$100,000,000 shall be available to the Director of NIST to carry out section 1443 of this title.
(5) Deficit reduction
$20,400,000,000 shall be deposited in the general fund of the Treasury, where such amount shall be dedicated for the sole purpose of deficit reduction.
(6) 9–1–1, e9–1–1, and next generation 9–1–1 implementation grants
$115,000,000 shall be available to the Assistant Secretary and the Administrator of the National Highway Traffic Safety Administration to carry out the grant program under section 942 of this title.
(7) Additional public safety research
$200,000,000 shall be available to the Director of NIST to carry out section 1443 of this title.
(8) Additional deficit reduction
Any remaining amounts deposited in the Public Safety Trust Fund shall be deposited in the general fund of the Treasury, where such amounts shall be dedicated for the sole purpose of deficit reduction.
(c) Investment
Amounts in the Public Safety Trust Fund shall be invested in accordance with section 9702 of title 31, and any interest on, and proceeds from, any such investment shall be credited to, and become a part of, the Fund.

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This preliminary release may be subject to further revision before it is released again as a final version. As with other online versions of the Code, the U.S. Code Classification Tables should be consulted for the latest laws affecting the Code. Those using the USCPrelim should verify the text against the printed slip laws available from GPO (Government Printing Office), the laws as shown on THOMAS (a legislative service of the Library of Congress), and the final version of the Code when it becomes available.

Current through Pub. L. 112-131. (See Public Laws for the current Congress.)

(a) Establishment of Public Safety Trust Fund
(1) In general
There is established in the Treasury of the United States a trust fund to be known as the Public Safety Trust Fund.
(2) Availability
Amounts deposited in the Public Safety Trust Fund shall remain available through fiscal year 2022. Any amounts remaining in the Fund after the end of such fiscal year shall be deposited in the general fund of the Treasury, where such amounts shall be dedicated for the sole purpose of deficit reduction.
(b) Use of Fund
As amounts are deposited in the Public Safety Trust Fund, such amounts shall be used to make the following deposits or payments in the following order of priority:
(1) Repayment of amount borrowed for First Responder Network Authority
An amount not to exceed $2,000,000,000 shall be available to the NTIA to reimburse the general fund of the Treasury for any amounts borrowed under section 1427 of this title.
(2) State and Local Implementation Fund
$135,000,000 shall be deposited in the State and Local Implementation Fund established by section 1441 of this title.
(3) Buildout by First Responder Network Authority
$7,000,000,000, reduced by the amount borrowed under section 1427 of this title, shall be deposited in the Network Construction Fund established by section 1426 of this title.
(4) Public safety research
$100,000,000 shall be available to the Director of NIST to carry out section 1443 of this title.
(5) Deficit reduction
$20,400,000,000 shall be deposited in the general fund of the Treasury, where such amount shall be dedicated for the sole purpose of deficit reduction.
(6) 9–1–1, e9–1–1, and next generation 9–1–1 implementation grants
$115,000,000 shall be available to the Assistant Secretary and the Administrator of the National Highway Traffic Safety Administration to carry out the grant program under section 942 of this title.
(7) Additional public safety research
$200,000,000 shall be available to the Director of NIST to carry out section 1443 of this title.
(8) Additional deficit reduction
Any remaining amounts deposited in the Public Safety Trust Fund shall be deposited in the general fund of the Treasury, where such amounts shall be dedicated for the sole purpose of deficit reduction.
(c) Investment
Amounts in the Public Safety Trust Fund shall be invested in accordance with section 9702 of title 31, and any interest on, and proceeds from, any such investment shall be credited to, and become a part of, the Fund.

This preliminary release may be subject to further revision before it is released again as a final version. As with other online versions of the Code, the U.S. Code Classification Tables should be consulted for the latest laws affecting the Code. Those using the USCPrelim should verify the text against the printed slip laws available from GPO (Government Printing Office), the laws as shown on THOMAS (a legislative service of the Library of Congress), and the final version of the Code when it becomes available.

Current through Pub. L. 112-131. (See Public Laws for the current Congress.)

Source

(Pub. L. 112–96, title VI, § 6413,Feb. 22, 2012, 126 Stat. 235.)

The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.

The most recent Classification Table update that we have noticed was Friday, May 3, 2013

An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.

47 USCDescription of ChangeSession YearPublic LawStatutes at Large
§ 1457new2012112-96 [Sec.] 6413126 Stat. 235
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