---
kind: "section"
citation: "42 U.S.C. § 7263"
title: "42"
title_heading: "The Public Health and Welfare"
number: "7263"
heading: "Capital fund"
release: "119-102"
url: "https://uscodex.org/usc/42/7263"
units:
  - "Chapter 84 — Department of Energy"
  - "Subchapter VI — Administrative Provisions"
  - "Part C — General Administrative Provisions"
---

# §7263. Capital fund


The [Secretary](/usc/42/242q–4.md?p=2) is authorized to establish a working [capital fund](/usc/42/1437a.md?p=b-12), to be available without fiscal year limitation, for expenses necessary for the maintenance and operation of such common administrative services as he shall find to be desirable in the interests of economy and efficiency, including such services as a central supply service for stationery and other supplies and equipment for which adequate stocks may be maintained to meet in whole or in part the requirements of the Department and its agencies; central messenger, mail, telephone, and other communications services; [office](/usc/42/3058f.md?p=1) space, central services for document reproduction, and for graphics and visual aids; and a central library service. The capital of the [fund](/usc/42/12854.md?p=3) shall consist of any appropriations made for the purpose of providing capital (which appropriations are hereby authorized) and the fair and reasonable value of such stocks of supplies, equipment, and other assets and [inventories](/usc/42/4370m.md?p=14) on order as the [Secretary](/usc/42/242q–4.md?p=2) may transfer to the [fund](/usc/42/12854.md?p=3), less the related liabilities and unpaid obligations. Such [funds](/usc/42/12854.md?p=3) shall be reimbursed in advance from available [funds](/usc/42/12854.md?p=3) of agencies and [offices](/usc/42/3058f.md?p=1) in the Department, or from other sources, for supplies and services at rates which will approximate the expense of operation, including the accrual of annual leave and the depreciation of equipment. The [fund](/usc/42/12854.md?p=3) shall also be credited with receipts from sale or [exchange](/usc/42/300gg–91.md?p=d-21) of property and receipts in payment for loss or damage to property owned by the [fund](/usc/42/12854.md?p=3). There shall be covered into the [United States](/usc/42/403.md?p=k) Treasury as miscellaneous receipts any surplus found in the [fund](/usc/42/12854.md?p=3) (all assets, liabilities, and prior losses considered) above the amounts transferred or appropriated to establish and maintain said [fund](/usc/42/12854.md?p=3). There shall be transferred to the [fund](/usc/42/12854.md?p=3) the stocks of supplies, equipment, other assets, liabilities, and unpaid obligations relating to the services which he determines will be performed through the [fund](/usc/42/12854.md?p=3). Appropriations to the [fund](/usc/42/12854.md?p=3), in such amounts as may be necessary to provide additional working capital, are authorized.


## Source credit

(Pub. L. 95–91, title VI, § 653, Aug. 4, 1977, 91 Stat. 601.)