42 U.S.C. § 1542 — Transfer of funds from other Federal agencies to Secretary of Housing and Urban Development
submitted 86 years ago by ch. 862 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 85 words · no verdicts yet
This section addresses transfer of funds from other federal agencies to secretary of housing and urban development. It states the specific authority, requirement, rule, or penalty described in the section.
Where any Federal agency has funds for the provision of housing in connection with national-defense activities it may, in its discretion, make transfers of those funds, in whole or in part, to the Secretary* of Housing and Urban Development, and the funds so transferred must be available for, but only for, any or all of the objects and purposes of and in accordance with all the authority and limitations contained in subchapters II to VII of this chapter, and for administrative expenses in connection therewith.
Where any Federal agency has funds for the provision of housing in connection with national-defense activities it may, in its discretion, make transfers of those funds, in whole or in part, to the Secretary* of Housing and Urban Development, and the funds so transferred shall be available for, but only for, any or all of the objects and purposes of and in accordance with all the authority and limitations contained in subchapters II to VII of this chapter, and for administrative expenses in connection therewith.
Source credit: (Oct. 14, 1940, ch. 862, title III, § 302, formerly § 5, 54 Stat. 1127; renumbered title III, § 302, June 28, 1941, ch. 260, § 4(b), 55 Stat. 363; amended Ex. Ord. No. 9070, § 1, eff. Feb. 24, 1942, 7 F.R. 1529; Apr. 20, 1950, ch. 94, title II, § 204, 64 Stat. 73; Pub. L. 89–174, § 5(a), Sept. 9, 1965, 79 Stat. 669.)
- 1940Enacted · Act of Oct. 14, 1940, ch. 862 · 54 Stat. 1127
- 1941Amended · Act of June 28, 1941, ch. 260 · 55 Stat. 363
- 1950Amended · Act of Apr. 20, 1950, ch. 94 · 64 Stat. 73
- 1965Amended · Pub. L. 89-174 · 79 Stat. 669
A history note hasn’t been published yet. The record shows enactment by ch. 862 on 1940-10-14.
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