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Part A - Establishment and Organization of Authority
§ 47–391.01. District of Columbia Financial Responsibility and Management Assistance Authority - (a) Establishment. — Pursuant to Article I, section 8, clause...
§ 47–391.02. Executive Director and staff of Authority - (a) Executive Director. — The Authority shall have an Executive...
§ 47–391.03. Powers of Authority - (a) Hearings and sessions. — The Authority may, for the...
§ 47–391.04. Exemption from liability for claims for authority employees - The Authority, its members, and its employees may not be...
§ 47–391.05. Treatment of actions arising from act - (a) Jurisdiction established in District Court for District of Columbia....
§ 47–391.06. Funding for operation of Authority - (a) Annual budgeting process. — (1) Submission of budget. —...
§ 47–391.07. Suspension of activities - (a) Suspension upon payment of Authority obligations. — (1) In...
§ 47–391.08. Application of laws of District of Columbia to Authority - (a) In general. — The following laws of the District...
§ 47–391.09. Chief Management Officer - (a) The Authority may employ a Chief Management Officer of...
Part B - Establishment and Enforcement of Financial Plan and Budget for District Government
§ 47–392.01. Development of financial plan and budget for District of Columbia - (a) Development of financial plan and budget. — For each...
§ 47–392.02. Process for submission and approval of financial plan and annual District budget - (a) Submission of preliminary financial plan and budget by Mayor....
§ 47–392.03. Review of activities of district government to ensure compliance with approved financial plan and budget - (a) Review of Council acts. — (1) Submission of acts...
§ 47–392.04. Restrictions on borrowing by District during control year - (a) Prior approval required. — (1) In general. — The...
§ 47–392.05. Deposit of annual federal contribution with Authority - (a) In general. — (1) Deposit into escrow account. —...
§ 47–392.06. Effect of finding of non-compliance with financial plan and budget - (a) Submission of reports. — Not later than 30 days...
§ 47–392.07. Recommendations on financial stability and management responsibility - (a) In general. — The Authority may at any time...
§ 47–392.08. Special rules for Fiscal Year 1996 - (a) Adoption of transition budget. — Notwithstanding any provision of...
§ 47–392.09. Control periods described - (a) Initiation. — For purposes of this Act, a “control...
Part C - Issuance of Bonds
§ 47–392.11. Authority to issue bonds - (a) In general. — (1) Request of Mayor. — Subject...
§ 47–392.12. Pledge of security interest in revenues of District government - (a) In general. — The Authority may pledge or grant...
§ 47–392.13. Establishment of debt service reserve fund - (a) In general. — As a condition for the issuance...
§ 47–392.14. Other requirements for issuance of bonds - (a) Minimum debt service reserve fund requirement. — The Authority...
§ 47–392.15. No full faith and credit of the United States - The full faith and credit of the United States is...
Part D - Other Duties of Authority
§ 47–392.21. Duties of Authority during year other than control year - (a) In general. — During the period beginning upon the...
§ 47–392.22. General assistance in achieving financial stability and management efficiency - In addition to any other actions described in §§ 47-392.01...
§ 47–392.23. Obtaining reports - The Authority may require the Mayor, the Chair of the...
§ 47–392.24. Reports and comments - (a) Annual reports to Congress. — Not later than 30...
§ 47–392.25. Disposition of certain school property - (a) Power to dispose. — Notwithstanding any other provision of...
§ 47–392.26. Prohibiting funding for terminated employees or contractors - (a) In general. — Except as provided in subsection (b)...
Part E - Definitions
§ 47–393. Definitions - In this Act, the following definitions apply: (1) The term...
Part F - Miscellaneous provisions
§ 47–395. Review and revision of regulations; permit and application processes - (a) Review of current regulations by Authority. — (1) In...