16 U.S.C. § 3460 — Authorization of appropriations

submitted 24 years ago by Pub. L. 97-98 to r/title-16-CONSERVATION · 58 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section authorizes funds for the resource conservation and development program. It limits the amount used for loans and keeps appropriated funds available until spent.

(a) In general There are authorized to be such sums as are necessary to carry out this subchapter. (b) Loans The Secretary must not use more than $15,000,000 of any funds made available for a fiscal year to make loans under this subchapter. (c) Availability Funds appropriated to carry out this subchapter must remain available until spent.

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

(a) In general

There are authorized to be 1 such sums as are necessary to carry out this subchapter.

(b) Loans

The Secretary shall not use more than $15,000,000 of any funds made available for a fiscal year to make loans under this subchapter.

Funds appropriated to carry out this subchapter shall remain available until expended.

Source credit: (Pub. L. 97–98, title XV, § 1537, as added Pub. L. 107–171, title II, § 2504, May 13, 2002, 116 Stat. 274.)

history & why it existsrecord from the source credit

2002Enacted · Pub. L. 97-98 · 116 Stat. 274

A history note hasn’t been published yet. The record shows enactment by Pub. L. 97-98 on 2002-05-13.

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