Historical and Revision Notes
Revised Section	Source (U.S. Code)	Source (Statutes at Large)
321(a)	40:756(a) (1st sentence).	June 30, 1949, ch. 288, title I, § 109(a)–(c), (e), (f), 63 Stat. 382; Sept. 5, 1950, ch. 849, §§ 1, 2(a), (b), 3(a), 64 Stat. 578, 579; July 12, 1952, ch. 703, § 1(c)–(e), 66 Stat. 593; Pub. L. 87–372, Oct. 4, 1961, 75 Stat. 802; Pub. L. 87–600, § 1(a), (b), (d), Aug. 24, 1962, 76 Stat. 401; Pub. L. 93–604, title VII, § 701, Jan. 2, 1975, 88 Stat. 1963; Pub. L. 94–273, § 2(19), Apr. 21, 1976, 90 Stat. 375; Pub. L. 100–202, § 101(m) [title VI, § 619(a), (b)], Dec. 22, 1987, 101 Stat. 1329–427.
321(b)(1)	40:756(a) (2d sentence).
321(b)(2)	40:756(c).
321(b)(3)	40:756(g) (last sentence).	June 30, 1949, ch. 288, title I, § 109(g) (last sentence), as added Sept. 5, 1950, ch. 849, § 3(b), 64 Stat. 579; Pub. L. 86–591, July 5, 1960, 74 Stat. 330.
321(c)(1)	40:756(a) (last sentence).
321(c)(2)	40:756(f).
321(d)	40:756(b).
321(e)	40:756b.	Pub. L. 99–500, § 151, Oct. 18, 1986, 100 Stat. 1783–352; Pub. L. 99–591, § 151, Oct. 30, 1986, 100 Stat. 3341–355; Pub. L. 100–202, § 101(i) [title I, § 4], Dec. 22, 1987, 101 Stat. 1329–294; Pub. L. 104–186, title II, § 221(15), Aug. 20, 1996, 110 Stat. 1750.
321(f)(1)	40:756(e)(1).
321(f)(2)	40:756a.	Pub. L. 97–12, title I, (proviso in par. under heading “General Supply Fund”), June 5, 1981, 95 Stat. 75.
321(g)	40:756(e)(2).

In subsection (b)(1), the words “the assets of the general supply fund (including any surplus therein) created by section 3 of the Act of February 27, 1929 (45 Stat. 1342; 41 U.S.C. 7c), and transferred to the Administrator by section 752 of this title” and “the fund shall assume all of the liabilities, obligations, and commitments of the general supply fund created by such Act of February 27, 1929” are omitted as executed and obsolete.

In subsection (b)(2)(B), the words “Amounts credited under this paragraph” are substituted for “and the same” for clarity.

In subsection (c)(2), the words “Subject to the requirements of subsections (a) to (e) of this section” are omitted as unnecessary.

In subsection (d)(1), the words “For property or services procured through the Fund for requisitioning agencies” are added for clarity.

In subsection (d)(2)(B), the words “with respect to the supplies or services concerned” are omitted as included in “properly allocable costs”.

In subsection (e), the text of 40:756b(b) and the words “Notwithstanding any other provision of law” are omitted as unnecessary.

In subsection (f)(2), the words “on and after June 5, 1981” are omitted as obsolete.

Editorial Notes

Amendments

2006—Pub. L. 109–313, § 3(h)(2), substituted “Acquisition Services Fund” for “General Supply Fund” in section catchline.

Subsecs. (a), (b). Pub. L. 109–313, § 3(d), amended subsecs. (a) and (b) generally. Prior to amendment, subsecs. (a) and (b) related to the existence and composition, respectively, of the General Supply Fund.

Subsec. (c)(1)(A)(iii). Pub. L. 109–313, § 3(e), added cl. (iii).

Subsec. (d)(2)(A)(v), (vi). Pub. L. 109–313, § 3(f), added cl. (v) and redesignated former cl. (v) as (vi).

Subsec. (f). Pub. L. 109–313, § 3(g), amended heading and text of subsec. (f) generally. Prior to amendment, text read as follows:

“(1) Surplus deposited in treasury.—As of September 30 of each year, any surplus in the Fund above the amounts transferred or appropriated to establish and maintain the Fund (all assets, liabilities, and prior losses considered) shall be deposited in the Treasury as miscellaneous receipts.

“(2) Surplus retained.—From any surplus generated by operation of the Fund, the Administrator may retain amounts necessary to maintain a sufficient level of inventory of personal property to meet the needs of the federal agencies.”

Statutory Notes and Related Subsidiaries

Change of Name

“Director of the Government Publishing Office” substituted for “Public Printer” in subsec. (c)(1)(A)(i) on authority of section 1301(d) of Pub. L. 113–235, set out as a note under section 301 of Title 44, Public Printing and Documents.

Effective Date of 2006 Amendment

Amendment by Pub. L. 109–313 effective 60 days after Oct. 6, 2006, see section 6 of Pub. L. 109–313, set out as a note under section 5316 of Title 5, Government Organization and Employees.

Acquisition Services Fund

Pub. L. 109–313, § 3(a)–(c), Oct. 6, 2006, 120 Stat. 1735, provided that:

“(a)

Abolishment of General Supply Fund and Information Technology Fund.—

The General Supply Fund and the Information Technology Fund in the Treasury are hereby abolished.

“(b)

Transfers.—

Capital assets and balances remaining in the General Supply Fund and the Information Technology Fund as in existence immediately before this section takes effect [see Effective Date of 2006 Amendment note above] shall be transferred to the Acquisition Services Fund and shall be merged with and be available for the purposes of the Acquisition Services Fund under section 321 of title 40, United States Code (as amended by this Act).

“(c)

Assumption of Obligations.—

Any liabilities, commitments, and obligations of the General Supply Fund and the Information Technology Fund as in existence immediately before this section takes effect shall be assumed by the Acquisition Services Fund.”