2018 US Code
Title 2 - The Congress
Chapter 17A - Congressional Budget and Fiscal Operations
Subchapter III - Credit Reform
Sec. 661f - Effect on other laws
| 2 U.S.C. § 661f (2018) |
| §661f. Effect on other laws |
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(a) Effect on other laws
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. |
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(Pub. L. 93–344, title V, §507, as added Pub. L. 101–508, title XIII, §13201(a), Nov. 5, 1990, 104 Stat. 1388–614.) |
| United States Code, 2018 Edition, Title 2 - THE CONGRESS |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 2 - THE CONGRESS CHAPTER 17A - CONGRESSIONAL BUDGET AND FISCAL OPERATIONS SUBCHAPTER III - CREDIT REFORM Sec. 661f - Effect on other laws |
| section 661f |
| 2018 |
| January 14, 2019 |
| No |
| standard |
| 104 Stat. 1388-614 |
| Public Law 93-344, Public Law 101-508 |
