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
15 U.S.C. § 713a-11 (2020) |
§713a–11. Annual appropriations to reimburse Commodity Credit Corporation for net realized loss |
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. |
(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.) |
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 AMENDMENTPub. 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 EXPENSESPub. 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." |
United States Code, 2018 Edition, Supplement 2, Title 15 - COMMERCE AND TRADE |
Bills and Statutes |
United States Code |
Y 1.2/5: |
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 |
section 713a-11 |
2020 |
January 13, 2021 |
No |
standard |
75 Stat. 391 101 Stat. 1330-28, 1330-29 |
Public Law 87-155, Public Law 100-203 |