2020 US Code
Title 15 - Commerce and Trade
Chapter 15 - Economic Recovery
Subchapter I - Generally
Sec. 713a-11 - Annual appropriations to reimburse Commodity Credit Corporation for net realized loss

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Citation 15 U.S.C. § 713a-11 (2020)
Section Name §713a–11. Annual appropriations to reimburse Commodity Credit Corporation for net realized loss
Section Text

There is authorized to be appropriated annually for each fiscal year by means of a current, indefinite appropriation, out of any money in the Treasury not otherwise appropriated, an amount sufficient to reimburse Commodity Credit Corporation for its net realized loss incurred during such fiscal year, as reflected in its accounts and shown in its report of its financial condition as of the close of such fiscal year. Reimbursement of net realized loss shall be with appropriated funds, as provided herein, rather than through the cancellation of notes.

Source Credit

(Pub. L. 87–155, §2, Aug. 17, 1961, 75 Stat. 391; Pub. L. 100–203, title I, §1506(a), Dec. 22, 1987, 101 Stat. 1330–28.)

Editorial Notes AMENDMENTS

1987—Pub. L. 100–203 substituted "by means of a current, indefinite appropriation" for ", commencing with the fiscal year ending June 30, 1961".

EFFECTIVE DATE OF 1987 AMENDMENT

Pub. L. 100–203, title I, §1506(c), Dec. 22, 1987, 101 Stat. 1330–29, provided that: "This section and the amendment made by this section [amending this section and enacting provisions set out as a note below] shall apply beginning with fiscal year 1988."

OPERATING EXPENSES

Pub. L. 100–203, title I, §1506(b), Dec. 22, 1987, 101 Stat. 1330–29, provided that: "No funds may be appropriated for operating expenses of the Commodity Credit Corporation except as authorized under section 2 of Public Law 87–155 [15 U.S.C. 713a–11] to reimburse the Corporation for net realized losses."

Publication Title United States Code, 2018 Edition, Supplement 2, Title 15 - COMMERCE AND TRADE
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 15 - COMMERCE AND TRADE
CHAPTER 15 - ECONOMIC RECOVERY
SUBCHAPTER I - GENERALLY
Sec. 713a-11 - Annual appropriations to reimburse Commodity Credit Corporation for net realized loss
Contains section 713a-11
Date 2020
Laws In Effect As Of Date January 13, 2021
Positive Law No
Disposition standard
Statutes at Large References 75 Stat. 391
101 Stat. 1330-28, 1330-29
Public Law References Public Law 87-155, Public Law 100-203
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