FINANCIAL MANAGEMENT POLICY MANUAL

estoration: Provided further, That, in addition, not to exceed $_____
may be transferred from 'Homeowners Assistance Fund, Defense' to
'Base Realignment and Closure Account, Part II', to be merged with,
and to be available for the same purposes and the same time period as
that account."
c. Base Realignment and Closure Account, Part III.
"For deposit into the Department of Defense Base Closure Account
1990 established by section 2906(a)(1) of the Department of Defense
Authorization Act, 1991 (Public Law 101-510), $_____ to remain
available until expended: Provided, That not less than $______ of the
funds appropriated herein shall be available solely for environmental
restoration, unless the Secretary of Defense determines that additional
obligations are necessary for such purposes and notifies the
Committees on Appropriations of both Houses of Congress of his
determination and the reasons therefore."
d. Base Realignment and Closure Account, Part IV.
“For deposit into the Department of Defense, Base Closure Account
1990 established by section 2906(a)(1) of the Department of Defense
Authorization Act, 1991 (Public Law 101-510, $_______, to remain
available until expended: Provided, That not more than $_______ of
the funds appropriated herein shall be available solely for
environmental restoration, unless the Secretary of Defense determines
that additional obligations are necessary for such purposes and notifies
the Committees on Appropriations of both Houses of Congress of his
determination and the reasons therefore.”
3. LIMITATIONS.
a. Authorizing Legislation.
Pursuant to 10 U.S. Code 114, the program financed by the BRAC
appropriations, which are included in the Military Construction
Appropriations Act, must first be approved through authorizing
legislation.
b. Time Limitations.
Funds appropriated to the BRAC accounts are issued as no-year
appropriations, and are available to carry out all BRAC closures and
realignments. Note, that all closures and realignments are to be
complete no later than the end of the six-year period beginning on the
date on which the President transmitted the report to Congress
containing the recommendations for such closures and realignments.
The recommendations of the 1995 Commission were transmitted by
the President on 13 July 1995. Therefore, after 13 July 2001, funds in
the DoD Base Closure Account 1990 shall be available only to incur
Financial Management Policy
2-98