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42 U.S.C. § 12857Authorization of appropriations

submitted 36 years ago by Pub. L. 101-625 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 77 words · no verdicts yet

in plain englishAI-generated · not legal advice

Congress authorized about $520.7 million for 1993 and $542.5 million for 1994. Some of each amount is set aside for the bond program under 12852(e). Appropriated money goes into the Fund and stays available until spent.

Congress authorized $520,665,600 for assistance payments under this subchapter in fiscal year 1993, and $542,533,555 for fiscal year 1994. Out of each year's amount, whatever sum is necessary must be available for use under section 12852(e) — the mortgage revenue bond assistance program. Any amount appropriated under this section goes into the Fund and stays available until spent, subject to section 12858.
the actual law source: uscode.house.gov ↗public domain

There are authorized to be appropriated for assistance payments under this subchapter $520,665,600 for fiscal year 1993 and $542,533,555 for fiscal year 1994, of which such sums as may be necessary shall be available in each such fiscal year for use under section 12852(e) of this title. Any amount appropriated under this section shall be deposited in the Fund and shall remain available until expended, subject to the provisions of section 12858 1 of this title.

Source credit: (Pub. L. 101–625, title III, § 308, Nov. 28, 1990, 104 Stat. 4133; Pub. L. 102–550, title I, § 182(b), Oct. 28, 1992, 106 Stat. 3736.)

history & why it existsrecord from the source credit
  • 1990Enacted · Pub. L. 101-625 · 104 Stat. 4133
  • 1992Amended · Pub. L. 102-550 · 106 Stat. 3736

A history note hasn’t been published yet. The record shows enactment by Pub. L. 101-625 on 1990-11-28.

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