Sinking fund for retirement of bonds and notes, appropriation: That there is
hereby created in the Treasury a cumulative sinking fund for the retire-
ment of bonds and notes issued under the First Liberty Bond Act, the
Second Liberty Bond Act, the Third Liberty Bond Act, the Fourth Liberty
Bond Act, or under this act, and outstanding on July 1, 1920, and of bonds
and notes thereafter issued, under any of such acts or under any of such
acts as amended. The sinking fund and all additions thereto are hereby
appropriated for the payment of such bonds and notes at maturity, or for
the redemption or purchase thereof before maturity, by the Secretary of
the Treasury at such prices and upon such terms and conditions as he shall
prescribe, and shall be available until all such bonds and notes are retired.
The average cost of the bonds and notes purchased shall not exceed par
and accrued interest. Bonds and notes purchased, redeemed, or paid out
of the sinking fund shall be canceled and retired and shall not be reissued.
For the fiscal year beginning July 1, 1920, and for each fiscal year there-
after, until all such bonds and notes are retired, there is hereby appro-
priated, out of any money in the Treasury not otherwise appropriated, for
the purposes of such sinking fund, an amount equal to the sum of (1) 22
percent of the aggregate amount of such bonds and notes outstanding
on July 1, 1920, less an amount equal to the par amount of any obligations
of foreign governments held by the United States on July 1, 1920, and (2)
the interest which would have been payable during the fiscal year for which
the appropriation is made on the bonds and notes purchased, redeemed, or
paid out of the sinking fund during such year or in previous years (Mar.
3, 1919, c. 100, sec. 6 (a), 40 Stat. 1311; Mar. 2, 1923, c. 179, 42 Stat. 1427;
May 29, 1928, c. 901, sec. 1 (21), 45 Stat. 987; Jan. 30, 1934, c. 6, sec. 14 (b),
48 Stat. 344; 31 U. S. C. 767) (general account)_
Further appropriation for sinking fund: For each fiscal year beginning with
the fiscal year 1934, there is hereby appropriated, in addition to and as part
of the cumulative sinking fund provided by section 6 of the Victory Liberty
Loan Act, as amended, out of any money in the Treasury not otherwise
appropriated, for the purpose of such fund, an amount equal to 21⁄2 per-
cent of the aggregate amount of the expenditures made out of the
appropriations made or authorized under this act as determined by the
Secretary of the Treasury (June 16, 1933, c. 90, title II, sec. 210 (b), 48
Stat. 206; 40 U. S. C. 410 (b)) (general account).
Further appropriation for sinking fund: To carry into effect the provisions
of section 308 of the Emergency Relief and Construction Act of 1932, ap-
proved July 21, 1932 (47 Stat. 709), there is hereby appropriated for each
fiscal year beginning with the fiscal year 1935, out of any money in the
Treasury not otherwise appropriated, for the purposes of the cumulative
sinking fund provided in section 6 of the Victory Liberty Loan Act, as
amended, in addition to amounts otherwise appropriated a sum equal to
22 percent of the aggregate of the expenditures on or after June 30,
1933, from appropriations made or authorized in sections 301 and 302,
title III, of the Emergency Relief and Construction Act of 1932 (31
U. S. C. 767b; act of Mar. 15, 1934, c. 70, title I, sec. 1, 48 Stat. 428) (general
account)
Additional appropriation for sinking fund: For each fiscal year beginning
with the fiscal year 1934, there is authorized to be appropriated, for the
purposes of the sinking fund provided in section 6 of the Victory Liberty
Loan Act, as amended, in addition to amounts otherwise appropriated, an
amount equal to 21⁄2 percent of the aggregate amount of the expendi-
tures made, out of appropriation made or authorized in this title, on or
after the date of the enactment of this act on or before the last day of
the fiscal year for which the appropriation is made (July 21, 1932, c. 520,
sec. 308, 47 Stat. 724; 31 U. S. C. 767a) (general account).
Further appropriation for sinking fund: To carry into effect the provisions of
section 308 of the Emergency Relief and Construction Act of 1932, approved
July 21, 1932 (47 Stat. 709), there is hereby appropriated for the fiscal year
1934, out of any money in the Treasury not otherwise appropriated, for
the purposes of the cumulative sinking fund provided in section 6 of the
Victory Liberty Loan Act, as amended, in addition to amounts otherwise
appropriated, a sum equal to 21⁄2 percent of the aggregate of the expendi-
tures during the fiscal year 1933 from appropriations made or authorized
in sections 301 and 302, title III, of the Emergency Relief and Construction
Act of 1932 (Mar. 3, 1933, c. 212, title I, sec. 1, 47 Stat. 1492) (general
account)
Customs Duties and Taxes, Puerto Rico, Bureau of Customs:
Customs duties, taxes, and fees collected in Puerto Rico are deposited to this account. After operating expenses have been provided for, available balances are transferred to the Treasurer of Puerto Rico (special account).
Expenses, Forfeitures and Sales, Bureau of Customs:
All proceeds of the sale of abandoned and seized merchandise are deposited to this account. Expenses of sale are paid and the net proceeds transferred to miscellaneous receipts (special account)_.
Minor Coinage Profits, Etc.:
Receipts of this fund consist of gains resulting from coinage of metals into 1-cent and 5-cent pieces. The fund is charged with the wastage incurred in such coinage, recoinage losses on minor coins, and the cost of distributing such coins (special account)___ Obligations Retired From Federal Intermediate Credit Bank Franchise Tax Receipts:
The amounts paid as franchise taxes to the United States by Federal intermediate credit banks shall, in the discretion of the Secretary of the Treasury, be used to supplement the gold reserve held against outstanding United States notes, or shall be applied to the reduction of the outstanding bonded indebtedness of the United States under regulations, as prescribed by the Act of August 19, 1937 (50 Stat. 715; 12 U. S. C. 1072) (special account).
Total, Treasury Department:
General and special accounts__
Trust accounts__.
$9, 580, 944, 050
5,999, 219, 656
Replacement of Personal Property Sold, District of Columbia:
The proceeds from the sale of personal property, the replacement of which
is authorized by law, are available for the acquisition of similar items.
Amounts not so used are deposited as miscellaneous receipts (41 U. S. C.
231 (c)) (special account).
Salaries and Expenses, Alcoholic Rehabilitation Program, District of Columbia:
This fund is derived from a 10 percent increase in the license fees for the
manufacture or sale of alcoholic beverages, except for retailer's license,
class E, imposed by section 11 of the District of Columbia Alcoholic
Beverage Control Act, as amended. The fund is used to establish and
maintain a program for the rehabilitation of alcoholics, promote temper-
ance, and provide for the medical and scientific treatment of persons found
to be alcoholics by the courts of the District of Columbia (61 Stat. 764)
(special account)_
Miscellaneous Trust Funds, Deposits, District of Columbia:
This fund is derived from deposits made by property owners, corporations, and others on account of work to be performed by the District in connection with cuts in streets, special sewers, and various engineering projects, the whole cost of which is payable by the depositor; there are also carried in this account several bequests for the benefit of certain charitable and religious institutions, and as a fund to provide awards for prizes for excellence in school work (Act April 27, 1904, 33 Stat. 368) (trust account)__ Property Redemption Fund, District of Columbia:
This fund is derived from collections on account of payments made by persons redeeming their property which had been previously sold for taxes; payments from this fund are made to the various holders of certificates, representing purchases of such unpaid taxes (Act of June 11, 1878, 20 Stat. 102-108, secs. 1-15) (trust account)___.
Permit Fund, District of Columbia:
This fund is derived from deposits made by property owners for various improvements, sewers, etc., of which half the cost is paid by said owners (Act August 7, 1894, 28 Stat. 247) (trust account)__
Teachers' Retirement and Annuity Fund, District of Columbia:
Indefinite appropriation of the amounts deducted from the basic salaries of teachers of the public schools of the District of Columbia, to be deposited in the Treasury of the United States to the credit of individual accounts of the teachers from whose salary the deductions are made. The fund thus created to be held and invested until paid out as provided in the acts of Congress in relation thereto (Acts of January 15, 1920, 41 Stat. 387, secs. 1, 2; June 5, 1920, 41 Stat. 852, sec. 1; June 11, 1926, 44 Stat. 727, 60 Stat. 875) (trust account).
Inmates Funds, Workhouse and Reformatory, District of Columbia:
Personal funds of inmates of the Workhouse and Reformatory, and amounts
accruing through operation of welfare canteens, together with earnings of
inmates in industrial enterprises chargeable to the Working Capital Fund,
Workhouse and Reformatory (Act of February 25, 1929, 45 Stat. 1290)
(trust account)____
Fees and Other Collections, Recreation Board, District of Columbia:
These funds are derived from fees and receipts from those activities which
the Recreation Board may deem it advisable to conduct on a fee or other
basis; the money to be available to the Board to defray in whole or in part
the expense of conducting its activities (56 Stat. 263) (trust account)____
Surplus Fund, Realty Tax Sales, District of Columbia:
This fund is derived from the surplus receipts from the tax sales over the
amount due from taxes and special assessments. Payments are made to
former owners of the property sold, or to the holder of certificate of sale
if the property is redeemed (32 Stat. 621, 635) (trust account)_.
Total District of Columbia:
Special accounts
Trust accounts
Grand total, permanent and indefinite appropriations:
General and special accounts__.
8, 532, 644, 348 19, 176, 105, 424
III. RECAPITULATION OF APPROPRIATIONS BY ACTS IRRESPECTIVE OF FISCAL
Grand total, regular annual, deficiency, supplemental, miscellaneous acts, and permanent appropriations.. Deduct appropriations payable from corporate funds....
Grand total, including permanents under general and special accounts, but exclusive of trust funds and funds payable from corporate funds..
$723,000,000 6,150, 000, 000 2,783,000,000 619,869,000
367, 592, 076
CLASSIFICATION OF FOREGOING APPROPRIATIONS BY FISCAL YEARS
1951 and prior years..
Judgments and authorized claims.
84, 133, 030, 987 1,791,803, 386
61, 578, 350 13, 223, 858
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