2017 US Code
Title 46 - Shipping
Subtitle V - Merchant Marine
Part C - Financial Assistance Programs
Chapter 537 - Loans and Guarantees
Subchapter I - General
Sec. 53717 - Management of funds in the Treasury
46 U.S.C. § 53717 (2017) | ||||||||||||
§53717. Management of funds in the Treasury | ||||||||||||
(a) Definition.—In this section, the term "FCRA" means the Federal Credit Reform Act of 1990 (2 U.S.C. 661 et seq.). (b) Loan Guarantees by Administrator.— (1) When not subject to fcra.—The Administrator shall account for payments and disbursements involving obligations guaranteed under this chapter and not subject to FCRA in an account in the Treasury entitled the Federal Ship Financing Fund Liquidating Account (a liquidating account as defined in FCRA). (2) When subject to fcra.—The Administrator shall account for payments and disbursements involving obligations guaranteed under this chapter and subject to FCRA in a separate account in the Treasury entitled the Federal Ship Financing Guaranteed Loan Financing Account (a financing account as defined in FCRA). (c) Loan Guarantees by Secretary.— (1) When not subject to fcra.—The Secretary shall account for payments and disbursements involving obligations guaranteed under this chapter and not subject to FCRA in a separate account in the Treasury established for this purpose. (2) When subject to fcra.—The Secretary shall account for payments and disbursements involving obligations guaranteed under this chapter and subject to FCRA in a separate account in the Treasury established for this purpose. (d) Direct Loans by Secretary.—The Secretary shall account for payments and disbursements involving direct loans made under this chapter in a separate account in the Treasury established for this purpose. |
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(Pub. L. 109–304, §8(c), Oct. 6, 2006, 120 Stat. 1616; Pub. L. 109–163, div. C, title XXXV, §3507(a)(1)(B), (D), (c)(2), Jan. 6, 2006, 119 Stat. 3555, 3556; Pub. L. 110–181, div. C, title XXXV, §3522(a)(7), (9)(B), (b), Jan. 28, 2008, 122 Stat. 598.) |
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The Federal Ship Financing Fund which had been created by 46 App. U.S.C. 1272 is obsolete as a result of the Federal Credit Reform Act of 1990 (2 U.S.C. 661 et seq.). This section codifies the current requirements and practices for the management of funds under this chapter, based on the requirements of that Act. REFERENCES IN TEXTThe Federal Credit Reform Act of 1990, referred to in subsec. (a), is title V of Pub. L. 93–344, as added by Pub. L. 101–508, title XIII, §13201(a), Nov. 5, 1990, 104 Stat. 1388–609, which is classified generally to subchapter III (§661 et seq.) of chapter 17A of Title 2, The Congress. For complete classification of this Act to the Code, see Short Title note set out under section 621 of Title 2 and Tables. AMENDMENTS2008—Pub. L. 110–181, §3522(b), repealed Pub. L. 109–163, §3507(a)(1)(B), (D), (c)(2). See 2006 Amendment note below. Subsec. (b). Pub. L. 110–181, §3522(a)(9)(B), incorporated the substance of the amendment by Pub. L. 109–163, §3507(a)(1)(B), (D), (c)(2), into this section by substituting "Administrator" for "Secretary of Transportation" wherever appearing in heading and text. See 2006 Amendment note below and section 18(a) of Pub. L. 109–304, set out as a Legislative Purpose and Construction note preceding section 101 of this title. Subsecs. (c), (d). Pub. L. 110–181, §3522(a)(7), struck out "of Commerce" after "Secretary" wherever appearing in headings and text. 2006—Pub. L. 109–163, §3507(a)(1)(B), (D), (c)(2), which directed the amendment of sections 1272, 1274(g), and 1280 of the former Appendix to this title from which this section was derived, was repealed by Pub. L. 110–181, §3522(b). See 2008 Amendment note for subsec. (b) and Historical and Revision notes above. |
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United States Code, 2012 Edition, Supplement 5, Title 46 - SHIPPING | ||||||||||||
Bills and Statutes | ||||||||||||
United States Code | ||||||||||||
Y 1.2/5: | ||||||||||||
Title 46 - SHIPPING Subtitle V - Merchant Marine Part C - Financial Assistance Programs CHAPTER 537 - LOANS AND GUARANTEES SUBCHAPTER I - GENERAL Sec. 53717 - Management of funds in the Treasury |
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section 53717 | ||||||||||||
2017 | ||||||||||||
January 12, 2018 | ||||||||||||
Yes | ||||||||||||
standard | ||||||||||||
52 Stat. 969, 970 53 Stat. 1187 64 Stat. 1078 67 Stat. 626 68 Stat. 1268, 1269 72 Stat. 231 73 Stat. 269, 273 74 Stat. 216, 733 82 Stat. 180 84 Stat. 1035 86 Stat. 910, 914 94 Stat. 3294 95 Stat. 166, 752 104 Stat. 521, 1388-609 119 Stat. 3555 120 Stat. 1616 122 Stat. 598 |
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Public Law 85-469, Public Law 86-123, Public Law 86-127, Public Law 86-518, Public Law 86-685, Public Law 90-341, Public Law 91-469, Public Law 92-507, Public Law 93-344, Public Law 96-561, Public Law 97-31, Public Law 97-35, Public Law 101-380, Public Law 101-508, Public Law 109-163, Public Law 109-304, Public Law 110-181 |