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Volume 50

Public Law 75–143

To simplify accounting.

Approved April 27, 1937

Statutory text

AN ACT

To simplify accounting.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

That hereafter, in

Simplification of accounting.

Payments for metered services.

making payments for commodities or services the quantity of which is determined by metered readings, such as gas, electricity, water, steam, and the like, where the period covered by the charge begins in one fiscal year or allotment period and ends in another, the entire amount of the payment may be regarded as a charge against the appropriation or allotment current at the end of such period.

Approved, April 27, 1937.

Parsed from the official Statutes at Large USLM XML in 50.xml