2012 US Code
Title 31 - Money and Finance
Subtitle VI - MISCELLANEOUS (§§ 9101 - 9704)
Chapter 91 - GOVERNMENT CORPORATIONS (§§ 9101 - 9110)
Section 9104 - Congressional action on budgets of wholly owned Government corporations
| Publication Title | United States Code, 2012 Edition, Title 31 - MONEY AND FINANCE |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 31 - MONEY AND FINANCE SUBTITLE VI - MISCELLANEOUS CHAPTER 91 - GOVERNMENT CORPORATIONS Sec. 9104 - Congressional action on budgets of wholly owned Government corporations |
| Contains | section 9104 |
| Date | 2012 |
| Laws in Effect as of Date | January 15, 2013 |
| Positive Law | Yes |
| Disposition | standard |
| Source Credit | Pub. L. 97-258, Sept. 13, 1982, 96 Stat. 1043. |
| Statutes at Large References | 59 Stat. 598 61 Stat. 584 96 Stat. 1043 |
| Public Law Reference | Public Law 97-258 |
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(a) Congress shall—
(1) consider budget programs for wholly owned Government corporations the President submits;
(2) make necessary appropriations authorized by law;
(3) make corporate financial resources available for operating and administrative expenses; and
(4) provide for repaying capital and the payment of dividends.
(b) This section does not—
(1) prevent a wholly owned Government corporation from carrying out or financing its activities as authorized under another law;
(2) affect section 26 of the Tennessee Valley Authority Act of 1933 (16 U.S.C. 831y); or
(3) affect the authority of a wholly owned Government corporation to make a commitment without fiscal year limitation.
(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1043.)
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 9104(a) | 31:849(1st sentence). | Dec. 6, 1945, ch. 557, §104, 59 Stat. 598; restated July 30, 1947, ch. 358, §307, 61 Stat. 584. |
| 9104(b) | 31:849(2d, last sentences). |
In subsection (a), the words “budget programs for wholly owned Government corporations” are substituted for “Budget programs” for clarity and consistency. The words “legislation . . . be enacted”, “as may be”, “for expenditure”, “corporate funds or other”, “or limiting the use thereof”, “as the Congress may determine”, and “funds” are omitted as surplus.
In subsection (b), the word “existing” is omitted as surplus. In clause (1), the word “another” is added for clarity. In clause (3), the words “contracts or other” and “reference to” are omitted as surplus.
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