; expenses (1) Programs and projects (A) In general The order shall require the Board to submit to the Secretary for approval any program or project of research, education, or promotion relating to concrete masonry products. (B) Statement required Any educational or promotional activity undertaken with funds provided by the Board shall include a statement that such activities were supported in whole or in part by the Board. (2) Budgets (A) Submission The order shall require the Board to submit to the Secretary for approval a budget of the anticipated expenses and disbursements of the Board in the implementation of the order, including the projected costs of concrete masonry products research, education, and promotion programs and projects. (B) Timing The budget shall be submitted before the beginning of a fiscal year and as frequently as may be necessary after the beginning of the fiscal year. (C) Approval If the Secretary fails to approve or reject a budget within 60 days of receipt, such budget shall be deemed approved, unless the Secretary provides to the Board and to Congress, in writing, reasonable justification for the delay and provides a reasonable date by which approval or disapproval will be made. (3) Administrative Expenses (A) Incurring expenses The Board may incur the expenses described in paragraph (2) and other expenses for the administration, maintenance, and functioning of the Board as authorized by the Secretary. (B) Payment of expenses Expenses incurred under subparagraph (A) shall be paid by the Board using assessments collected under section 6 , earnings obtained from assessments, and other income of the Board. Any funds borrowed by the Board shall be expended only for startup costs and capital outlays. (C) Limitation on spending For fiscal years beginning 3 or more years after the date of the establishment of the Board, the Board may not expend for administration (except for reimbursement to the Secretary required under subparagraph (D) ), maintenance, and functioning of the Board in a