The acronym for this will come to me - its a use it or lose it hard deadline - otherwise the set aside funds go back the UST (or maybe "stay with" the Treas is the better way to say it). I think the way it works is that earmarked money must be spent before the end of the fiscal year which is Sept 30 ("use it or lose it"). But there is another fixed requirement that a 2-week prior notice be given to the Congress, which effectively moves the effective "hard deadline" to Sept 15
Last edited: Dec 17, 2019