To amend title 31, United States Code, to tighten procedures for closing appropriation accounts.
Account Closing Act of 1990 - Amends Federal law to revise the procedure for closing appropriation accounts that are available for definite periods by rescinding obligated balances at the end of the two-fiscal-year grace period for expired appropriations instead of transferring them (as currently) into "merged surplus" accounts.
Introduced in House
Introduced in House
Referred to the House Committee on Government Operations.
Referred to the Subcommittee on Legislation and National Security.
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