U.S. Code » Title 48 » Chapter CHAPTER 18— MICRONESIA, MARSHALL ISLANDS, AND PALAU › Subchapter SUBCHAPTER I— MICRONESIA AND MARSHALL ISLANDS › Part Part B— Approval and Implementation of Compacts, As Amended

48 U.S.C. § 219

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- Carry-Over of Unused Funds

“If in any year the funds made available by the Government of the United States for that year pursuant to this Article are not completely obligated by the Government of the Republic of the Marshall Islands, the unobligated balances shall remain available in addition to the funds to be provided in subsequent years. Beginning in FY 2024, the carry­over of funds provided under sections 21l(a) and 21l(d) shall be governed by Article XI of the 2023 Fiscal Procedures Agreement.