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15 U.S.C. § 690gFee contribution

submitted 19 years ago by Pub. L. 85-699 to r/title-15-COMMERCE-AND-TRADE · 129 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section sets rules about Fee contribution. It states the conditions, exceptions, and procedures in the provisions below.

(a) In general To the extent that amounts are made available to the Administrator to fee contributions, the Administrator must contribute to fees paid by the Renewable Fuel Capital Investment companies under section 690f of this title . (b) Annual adjustment Each fee contribution under subsection (a) must be effective for 1 fiscal year and must be adjusted as necessary for each fiscal year after that to ensure that amounts under subsection (a) are fully used. The fee contribution for a fiscal year must be based on the outstanding commitments made and the guarantees and grants that the Administrator projects will be made during that fiscal year, given the program level authorized by law for that fiscal year and any other factors that the Administrator determines appropriate.
the actual law source: uscode.house.gov ↗public domain
(a) In general

To the extent that amounts are made available to the Administrator for the purpose of fee contributions, the Administrator shall contribute to fees paid by the Renewable Fuel Capital Investment companies under section 690f of this title.

(b) Annual adjustment

Each fee contribution under subsection (a) shall be effective for 1 fiscal year and shall be adjusted as necessary for each fiscal year thereafter to ensure that amounts under subsection (a) are fully used. The fee contribution for a fiscal year shall be based on the outstanding commitments made and the guarantees and grants that the Administrator projects will be made during that fiscal year, given the program level authorized by law for that fiscal year and any other factors that the Administrator determines appropriate.

Source credit: (Pub. L. 85–699, title III, § 388, as added Pub. L. 110–140, title XII, § 1207, Dec. 19, 2007, 121 Stat. 1780.)

history & why it existsrecord from the source credit
  • 2007Enacted · Pub. L. 85-699 · 121 Stat. 1780

A history note hasn’t been published yet. The record shows enactment by Pub. L. 85-699 on 2007-12-19.

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