Title II, Subtitle A
the reference to ‘October 1, 1995’ were a
reference to ‘October 1, 1996’.
‘‘(C) NEW MAXIMUM AMOUNT OUTSTAND-
ING.—
‘‘(i) IN
GENERAL.—Except as pro-
vided in clause (iii), if the conditions de-
scribed in clause (ii) are satisfied, each ad-
vance made under this subsection shall be
in the amount designated by the Mayor in
the Mayor’s requisition for such advance.
‘‘(ii) CONDITIONS
APPLICABLE
TO
DESIGNATED AMOUNT.—Clause (i) applies
if the Mayor determines that the amount
designated in the Mayor’s requisition for
such advance is needed to accomplish the
purpose described in paragraph (1), and
the Authority approves such amount.
‘‘(iii) AGGREGATE MAXIMUM AMOUNT
OUTSTANDING.—The sum of the antici-
pated principal and interest requirements
of all advances made under this paragraph
may not be greater than 60 percent of the
fiscal year 1996 limit.
‘‘(D) DEPOSIT
OF
ADVANCES.—As pro-
vided in section 204(b) of the District of Co-
Title II, Subtitle A
lumbia Financial Responsibility and Manage-
ment Assistance Act of 1995, each advance
made under this subsection for the account of
the District shall be deposited by the Secretary
into an escrow account held by the Authority.
‘‘(E) 
FISCAL
YEAR
1996
LIMIT
DE-
SCRIBED.—In this paragraph, the ‘fiscal year
1996 limit’ means the amount authorized to be
appropriated to the District of Columbia as the
annual Federal payment to the District of Co-
lumbia under title V of the District of Columbia
Self-Government and Governmental Reorga-
nization Act for the fiscal year ending Septem-
ber 30, 1996.
‘‘(c) TRANSITIONAL SHORT-TERM ADVANCES MADE
ON OR AFTER FEBRUARY 1, 1996, AND BEFORE OCTO-
BER 1, 1996.—
‘‘(1) IN GENERAL.—If the conditions in para-
graph (2) are satisfied, the Secretary shall make an
advance of funds from time to time, out of any
money in the Treasury not otherwise appropriated,
for the same purpose as advances are made under
subsection (a).
‘‘(2) TERMS AND CONDITIONS.—
Title II, Subtitle A
‘‘(A) IN GENERAL.—Except as provided in
subparagraph (B), subsection (b)(2) shall apply
to any advance made under this subsection.
‘‘(B) EXCEPTIONS.—The conditions appli-
cable under subsection (b)(2) (other than para-
graph (2)(B) of subsection (a)) shall apply with
respect to making advances on or after Feb-
ruary 1, 1996, and before October 1, 1996, in
the same manner as such conditions apply to
making advances under such subsection, except
that—
‘‘(i) in applying subparagraph (C) of
subsection (a)(2) (as described in sub-
section (b)(2)(B)(i)(I)), the reference to
‘October 1, 1995’ shall be deemed to be a
reference to ‘September 30, 1996’;
‘‘(ii) subparagraph (C)(iii) of sub-
section (b)(2) shall apply as if the ref-
erence to ‘60 percent’ were a reference to
‘40 percent’; and
‘‘(iii) no advance may be made unless
the Secretary has been provided the certifi-
cations and information described in para-
graphs (3) through (6) of section 602(b).
Title II, Subtitle A
‘‘(d) TRANSITIONAL SHORT-TERM ADVANCES MADE
ON OR AFTER OCTOBER 1, 1996, AND BEFORE OCTOBER
1, 1997.—
‘‘(1) IN GENERAL.—If the conditions in para-
graph (2) are satisfied, the Secretary shall make an
advance of funds from time to time, out of any
money in the Treasury not otherwise appropriated,
for the same purpose as advances are made under
subsection (a).
‘‘(2) TERMS AND CONDITIONS.—
‘‘(A) IN GENERAL.—Except as provided in
subparagraph (B), paragraphs (2), (4), and (5)
of subsection (a) (other than subparagraphs
(B) and (F) of paragraph (2)) shall apply to
any advance made under this subsection.
‘‘(B) EXCEPTIONS.—
‘‘(i) NEW CONDITIONS PRECEDENT TO
MAKING
ADVANCES.—The conditions de-
scribed in subsection (a)(2) shall apply
with respect to making advances on or
after October 1, 1996, and before October
1, 1997, in the same manner as such con-
ditions apply with respect to making ad-
vances before October 1, 1995, except
that—
Title II, Subtitle A
‘‘(I) subparagraph (C) (relating
to the last day on which advances may
be made) shall be applied as if the
reference to ‘September 30, 1995’
were a reference to ‘September 30,
1997’;
‘‘(II) subparagraph (E) (relating
to the Secretary’s determination of
reasonable assurance of reimburse-
ment from the annual Federal pay-
ment appropriated to the District of
Columbia) shall be applied as if the
reference to ‘September 30, 1996’
were a reference to ‘September 30,
1997’;
‘‘(III) the Secretary may not
make an advance under this sub-
section unless all advances made
under subsections (b) and (c) are fully
reimbursed by withholding from the
annual Federal payment appropriated
to the District of Columbia for the fis-
cal year ending September 30, 1997,
under title V of the District of Colum-
bia Self-Government and Govern-