§ 268.1 Definitions
§ 268.3 Different phases of the Maglev Deployment Program
§ 268.5 Federal funding sources for the Maglev Deployment Program
§ 268.7 Federal/State share and restrictions on the uses of Federal Maglev Funds

Terms Used In CFR > Title 49 > Subtitle B > Chapter II > Part 268 > Subpart A - Overview

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Contract: A legal written agreement that becomes binding when signed.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.