31 U.S.C. § 902

RESTORING CONGRESSIONAL AUTHORITY OVER THE NATIONAL DEBT.

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“(a)Extension Limited to Necessary Obligations.—An obligation shall not be taken into account under section 901(b)(1) unless the issuance of such obligation was necessary to fund a commitment incurred pursuant to law by the Federal Government that required payment before March 16, 2017.“(b)Prohibition on Creation of Cash Reserve During Extension Period.—The Secretary of the Treasury shall not issue obligations during the period specified in section 901(a) for the purpose of increasing the cash balance above normal operating balances in anticipation of the expiration of such period.”

Notes of Decisions

Cited in 3 cases (2 in the last 5 years), 2004–2024 · leading case: Moody v. Mayorkas (D. Colo. 2024).

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Moody v. Mayorkas (D. Colo. 2024). · cites it 2× “Further, 31 U.S.C. § 902 requires the Chief Financial Officer of each agency to “review, on a biennial basis, the fees .”

Joseph v. McFerran (D.D.C. 2024). “” 31 U.S.C. § 902 (a)(1). Though the CFO Act did not bind smaller, independent agencies like the NLRB, many such agencies have voluntarily adopted the CFO model.”

Auth. of HUD's Chief Fin. Officer to Submit Final Reports on Violations of Appropriations Laws (OLC 2004). “See 31 U.S.C. § 902 (a)(1) (2000) (the CFO shall “report directly to the head of the agency regarding financial management matters”).”

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