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15 U.S.C. § 3809 — Authorization of appropriations; required funding

submitted 46 years ago by Pub. L. 96-512 to r/title-15-COMMERCE-AND-TRADE · 151 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section authorizes funding for carrying out this chapter.

There are authorized to be appropriated to the Secretary for purposes of carrying out this chapter, not to exceed $3,000,000 for the fiscal year ending September 30, 1982 , not less than one-half of which must be to making loans under section 3806(b) of this title ; not to exceed $5,000,000 for the fiscal year ending September 30, 1983 , not less than one-half of which must be to making loans under section 3806(b) of this title ; not to exceed $5,000,000 for the fiscal year ending September 30, 1984 , not less than one-half of which must be to making loans under section 3806(b) of this title ; and such sums as may be necessary for the fiscal years ending September 30, 1985 , and September 30, 1986 . Any amount appropriated pursuant to this section must remain available until expended.

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

There are authorized to be appropriated to the Secretary for purposes of carrying out this chapter, not to exceed $3,000,000 for the fiscal year ending September 30, 1982, not less than one-half of which shall be for the purpose of making loans under section 3806(b) of this title; not to exceed $5,000,000 for the fiscal year ending September 30, 1983, not less than one-half of which shall be for the purpose of making loans under section 3806(b) of this title; not to exceed $5,000,000 for the fiscal year ending September 30, 1984, not less than one-half of which shall be for the purpose of making loans under section 3806(b) of this title; and such sums as may be necessary for the fiscal years ending September 30, 1985, and September 30, 1986. Any amount appropriated pursuant to this section shall remain available until expended.

Source credit: (Pub. L. 96–512, § 10, Dec. 12, 1980, 94 Stat. 2833.)

history & why it existsrecord from the source credit
  • 1980Enacted · Pub. L. 96-512 · 94 Stat. 2833

A history note hasn’t been published yet. The record shows enactment by Pub. L. 96-512 on 1980-12-12.

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