46 U.S.C. § 53718 — Annual report to Congress
submitted 20 years ago by Pub. L. 109-304 to r/title-46-SHIPPING · 89 words · no verdicts yet
The Administrator must report to Congress every year on the loan guarantee program. The report must cover portfolio size, troubled projects, pending applications, available funding, newly approved projects, and any defaults.
This section is one undivided provision, with seven listed items. The Administrator* must report to Congress each year on the loan guarantee program under this chapter. Each report must include: (1) the dollar size of the guaranteed loan portfolio; (2) the dollar size of portfolio projects facing financial trouble; (3) the number and type of projects covered; (4) a profile of pending applications; (5) how much appropriated money is available for new guarantees; (6) a profile of each project approved since the last report; and (7) a profile of any defaults since the last report.
The Administrator* shall report to Congress annually on the loan guarantee program under this chapter. Each report shall include—
the size, in dollars, of the portfolio of loans guaranteed;
the size, in dollars, of projects in the portfolio facing financial difficulties;
the number and type of projects covered;
a profile of pending loan applications;
the amount of appropriations available for new guarantees;
a profile of each project approved since the last report; and
a profile of any defaults since the last report.
Source credit: (Pub. L. 109–304, § 8(c), Oct. 6, 2006, 120 Stat. 1617; Pub. L. 109–163, div. C, title XXXV, § 3507(c)(3), Jan. 6, 2006, 119 Stat. 3556; Pub. L. 110–181, div. C, title XXXV, § 3522(a)(9)(C), (b), Jan. 28, 2008, 122 Stat. 598.)
- 2006Enacted · Pub. L. 109-304 · 120 Stat. 1617
- 2006Amended · Pub. L. 109-163 · 119 Stat. 3556
- 2008Amended · Pub. L. 110-181 · 122 Stat. 598
A history note hasn’t been published yet. The record shows enactment by Pub. L. 109-304 on 2006-10-06.
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