2014 US Code
Title 2 - The Congress (Sections 1 - 6654)
Chapter 17A - Congressional Budget and Fiscal Operations (Sections 621 - 665e)
Subchapter III - Credit Reform (Sections 661 - 661f)
Sec. 661f - Effect on other laws
| Publication Title | United States Code, 2012 Edition, Supplement 2, Title 2 - THE CONGRESS |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 2 - THE CONGRESS CHAPTER 17A - CONGRESSIONAL BUDGET AND FISCAL OPERATIONS SUBCHAPTER III - CREDIT REFORM Sec. 661f - Effect on other laws |
| Contains | section 661f |
| Date | 2014 |
| Laws In Effect As Of Date | January 5, 2015 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Pub. L. 93-344, title V, §507, as added Pub. L. 101-508, title XIII, §13201(a), Nov. 5, 1990, 104 Stat. 1388-614. |
| Statutes at Large Reference | 104 Stat. 1388-614 |
| Public and Private Law | Public Law 93-344, Public Law 101-508 |
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This subchapter shall supersede, modify, or repeal any provision of law enacted prior to November 5, 1990, to the extent such provision is inconsistent with this subchapter. Nothing in this subchapter shall be construed to establish a credit limitation on any Federal loan or loan guarantee program.
(b) Crediting of collectionsCollections resulting from direct loans obligated or loan guarantees committed prior to October 1, 1991, shall be credited to the liquidating accounts of Federal agencies. Amounts so credited shall be available, to the same extent that they were available prior to November 5, 1990, to liquidate obligations arising from such direct loans obligated or loan guarantees committed prior to October 1, 1991, including repayment of any obligations held by the Secretary of the Treasury or the Federal Financing Bank. The unobligated balances of such accounts that are in excess of current needs shall be transferred to the general fund of the Treasury. Such transfers shall be made from time to time but, at least once each year.
(Pub. L. 93–344, title V, §507, as added Pub. L. 101–508, title XIII, §13201(a), Nov. 5, 1990, 104 Stat. 1388–614.)
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