2020 US Code
Title 31 - Money and Finance
Subtitle VI - Miscellaneous
Chapter 91 - Government Corporations
Sec. 9104 - Congressional action on budgets of wholly owned Government corporations

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Citation 31 U.S.C. § 9104 (2020)
Section Name §9104. Congressional action on budgets of wholly owned Government corporations
Section Text

(a) Congress shall—

(1) consider budget programs for wholly owned Government corporations the President submits;

(2) make necessary appropriations authorized by law;

(3) make corporate financial resources available for operating and administrative expenses; and

(4) provide for repaying capital and the payment of dividends.


(b) This section does not—

(1) prevent a wholly owned Government corporation from carrying out or financing its activities as authorized under another law;

(2) affect section 26 of the Tennessee Valley Authority Act of 1933 (16 U.S.C. 831y); or

(3) affect the authority of a wholly owned Government corporation to make a commitment without fiscal year limitation.

Source Credit

(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1043.)

Editorial Notes
Historical and Revision Notes
Revised SectionSource (U.S. Code)Source (Statutes at Large)
9104(a) 31:849(1st sentence). Dec. 6, 1945, ch. 557, §104, 59 Stat. 598; restated July 30, 1947, ch. 358, §307, 61 Stat. 584.
9104(b) 31:849(2d, last sentences).

In subsection (a), the words "budget programs for wholly owned Government corporations" are substituted for "Budget programs" for clarity and consistency. The words "legislation . . . be enacted", "as may be", "for expenditure", "corporate funds or other", "or limiting the use thereof", "as the Congress may determine", and "funds" are omitted as surplus.

In subsection (b), the word "existing" is omitted as surplus. In clause (1), the word "another" is added for clarity. In clause (3), the words "contracts or other" and "reference to" are omitted as surplus.

Publication Title United States Code, 2018 Edition, Supplement 2, Title 31 - MONEY AND FINANCE
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 31 - MONEY AND FINANCE
SUBTITLE VI - MISCELLANEOUS
CHAPTER 91 - GOVERNMENT CORPORATIONS
Sec. 9104 - Congressional action on budgets of wholly owned Government corporations
Contains section 9104
Date 2020
Laws In Effect As Of Date January 13, 2021
Positive Law Yes
Disposition standard
Statutes at Large References 59 Stat. 598
61 Stat. 584
96 Stat. 1043
Public Law References Public Law 97-258
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