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12 U.S.C. § 4147 — Funding

submitted 34 years ago by Pub. L. 100-242 to r/title-12-BANKS-AND-BANKING · 96 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Secretary may use up to $25 million from the fiscal-year 1993 funds and up to $25 million from the fiscal-year 1994 funds for this subchapter. Any appropriation for the subchapter must be divided 90 percent and 10 percent between two specified sections.

The Secretary must use no more than $25,000,000 of the fiscal-year 1993 amounts available under section 4124(a), and no more than $25,000,000 of the fiscal-year 1994 amounts available under that section, to carry out this subchapter. Of every amount made available for this subchapter in an appropriation Act, 90 percent must be set aside for section 4143 and 10 percent for section 4144.

the actual law source: uscode.house.gov ↗public domain

The Secretary shall use not more than $25,000,000 of the amounts made available under section 4124(a) of this title for fiscal year 1993, and not more than $25,000,000 of the amounts made available under section 4124(a) of this title for fiscal year 1994, to carry out this subchapter. Of any amounts made available to carry out this subchapter in any appropriation Act, 90 percent shall be set aside for use in accordance with section 4143 of this title and 10 percent shall be set aside for use in accordance with subsection 1 4144 of this title.

Source credit: (Pub. L. 100–242, title II, § 257, as added Pub. L. 102–550, title III, § 312, Oct. 28, 1992, 106 Stat. 3769.)

history & why it existsrecord from the source credit
  • 1992Enacted · Pub. L. 100-242 · 106 Stat. 3769

A history note hasn’t been published yet. The record shows enactment by Pub. L. 100-242 on 1992-10-28.

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