28 U.S.C. § 2516 — Interest on claims and judgments
submitted 78 years ago by ch. 646 to r/title-28-JUDICIARY-AND-JUDICIAL-PROCEDURE · 95 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
Interest on a claim against the United States shall be allowed in a judgment of the United States Court of Federal Claims only under a contract or Act of Congress expressly providing for payment thereof.
Interest on a judgment against the United States affirmed by the Supreme Court after review on petition of the United States is paid at a rate equal to the weekly average 1-year constant maturity Treasury yield, as published by the Board of Governors of the Federal Reserve System, for the calendar week preceding the date of the judgment.
Source credit: (June 25, 1948, ch. 646, 62 Stat. 978; Sept. 3, 1954, ch. 1263, § 57, 68 Stat. 1248; Pub. L. 97–164, title I, § 139(j)(2), title III, § 302(d), Apr. 2, 1982, 96 Stat. 43, 56; Pub. L. 97–258, § 2(g)(5), (m)(3), Sept. 13, 1982, 96 Stat. 1061, 1062; Pub. L. 102–572, title IX, § 902(a)(1), Oct. 29, 1992, 106 Stat. 4516; Pub. L. 106–554, § 1(a)(7) [title III, § 307(d)(2)], Dec. 21, 2000, 114 Stat. 2763, 2763A–636.)
- 1948Enacted · Act of June 25, 1948, ch. 646 · 62 Stat. 978
- 1954Amended · Act of Sept. 3, 1954, ch. 1263 · 68 Stat. 1248
- 1982Amended · Pub. L. 97-164 · 96 Stat. 43, 56
- 1982Amended · Pub. L. 97-258 · 96 Stat. 1061, 1062
- 1992Amended · Pub. L. 102-572 · 106 Stat. 4516
- 2000Amended · Pub. L. 106-554 · 114 Stat. 2763, 2763
A history note hasn’t been published yet. The record shows enactment by ch. 646 on 1948-06-25.
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