Section 33
SEC. 33. Reversion of Unexpended Balances of Appropriations, Continuing Appropriations.-Unexpended balances of appropriations authorized in the General Appropriations Act shall revert to the unappropriated surplus of the General Fund at the end of the fiscal year and shall not thereafter be available for expenditure except by subsequent legislative enactment: Provided, That apropriations for capital outlays shall remain valid until fully spent or reverted: Provided, further, That continuing apprpriations for current operating expenditures may be specifically recommended and approved as such in support of projects whose effective implementation calls for multi year expenditure commitments: Provided, finally,That the President may authorize the use of savings realized by an agency during a given year to meet non-recurring expenditures in a subsequent year. The balances of continuing appropriations shall be reviewed as part of the annual budget preparation process and the President may approve upon recommendation of the Commissioner, the reversion of funds no longer needed in connection withthe activities funded by said continuing appropriations.