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6. What is GSA’s role as the Administrator of the revolving fund?

Section 4(a) of the proposed legislation assigns GSA the task of supervising the revolving fund. GSA would handle all payments to and from the revolving fund, calculate repayment amounts, and otherwise perform the accounting functions for the revolving fund. GSA’s would not have a role in selecting proposed projects, however, GSA obviously would be able to submit its own project proposals for consideration by the President through OMB’s annual budget preparation process and by Congress through action on appropriations Acts.