Applicability of 31 U.S.C. 3334(b) to Cancelled Checks Previously Issued for Payments under the Railroad Unemployment Insurance Act

The Deputy General Counsel of the Railroad Retirement Board (Board) has asked whether 31 U.S.C. 3334(b) (1988), as added by section 1003 of the Competitive Equality Banking Act of 1987, Pub. L. No. 100-86, 101 Stat. 552, 658, supercedes restrictions that the Railroad Unemployment Insurance Act (RUIA), 45 U.S.C. 351-369, places on the use of funds appropriated to the accounts established under RUIA.