Alabama Code > Title 37 > Chapter 11C – Railroad Modernization Act of 2019
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Alabama Code > Title 37 > Chapter 11C - Railroad Modernization Act of 2019
- Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.