2 U.S.C. § 661 — Purposes

submitted 36 years ago by Pub. L. 93-344 to r/title-2-THE-CONGRESS · 66 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section states four purposes for the subchapter. They concern measuring credit-program costs, budgeting those costs, delivering benefits appropriately, and allocating resources.

The purposes of this subchapter are to: (1) measure the costs of Federal credit programs more accurately; (2) put those costs in the budget on a basis equivalent to other Federal spending; (3) encourage benefits to be delivered in the form best suited to beneficiaries’ needs; and (4) improve resource allocation among credit programs and between credit programs and other spending programs.

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

The purposes of this subchapter are to—

(1)

measure more accurately the costs of Federal credit programs;

(2)

place the cost of credit programs on a budgetary basis equivalent to other Federal spending;

(3)

encourage the delivery of benefits in the form most appropriate to the needs of beneficiaries; and

(4)

improve the allocation of resources among credit programs and between credit and other spending programs.

Source credit: (Pub. L. 93–344, title V, § 501, as added Pub. L. 101–508, title XIII, § 13201(a), Nov. 5, 1990, 104 Stat. 1388–610.)

history & why it existsrecord from the source credit

1990Enacted · Pub. L. 93-344 · 104 Stat. 1388

A history note hasn’t been published yet. The record shows enactment by Pub. L. 93-344 on 1990-11-05.

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