5 USC § 5403 - Human Capital Performance Fund
(a)
There is hereby established the Human Capital Performance Fund, to be administered by the Office for the purpose of this chapter.
(b)
(1)
(A)
An agency shall submit a plan as described in section
5406 to be eligible for consideration by the Office for an allocation under this section. An allocation shall be made only upon approval by the Office of an agency’s plan.
(B)
(i)
After the reduction for training required under section
5408, ninety percent of the remaining amount appropriated to the Fund may be allocated by the Office to the agencies. Of the amount to be allocated, an agency’s pro rata distribution may not exceed its pro rata share of Executive branch payroll.
(C)
(i)
After the reduction for training under section
5408, ten percent of the remaining amount appropriated to the Fund, as well as the amount of the pro rata share not distributed because of an agency’s failure to submit a satisfactory plan, shall be allocated among agencies with exceptionally high-quality plans.
(a)
There is hereby established the Human Capital Performance Fund, to be administered by the Office for the purpose of this chapter.
(b)
(1)
(A)
An agency shall submit a plan as described in section
5406 to be eligible for consideration by the Office for an allocation under this section. An allocation shall be made only upon approval by the Office of an agency’s plan.
(B)
(i)
After the reduction for training required under section
5408, ninety percent of the remaining amount appropriated to the Fund may be allocated by the Office to the agencies. Of the amount to be allocated, an agency’s pro rata distribution may not exceed its pro rata share of Executive branch payroll.
(C)
(i)
After the reduction for training under section
5408, ten percent of the remaining amount appropriated to the Fund, as well as the amount of the pro rata share not distributed because of an agency’s failure to submit a satisfactory plan, shall be allocated among agencies with exceptionally high-quality plans.
Source
(Added Pub. L. 108–136, div. A, title XI, § 1129(a),Nov. 24, 2003, 117 Stat. 1642.)
Prior Provisions
A prior section
5403, added Pub. L. 95–454, title V, § 501,Oct. 13, 1978, 92 Stat. 1182; amended Pub. L. 98–615, title II, § 201(a),Nov. 8, 1984, 98 Stat. 3209; Pub. L. 101–509, title V, § 529 [title I, § 101(b)(4)(C)], Nov. 5, 1990, 104 Stat. 1427, 1439; Pub. L. 102–378, § 2(38),Oct. 2, 1992, 106 Stat. 1351, related to general pay increases, prior to repeal by Pub. L. 103–89, § 3(a)(1), (c),Sept. 30, 1993, 107 Stat. 981, 983, eff. Nov. 1, 1993.
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 Wednesday, February 6, 2013
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