Title 12 — Banks and Banking
Chapter 47 — Community Development Banking
§ 4750. Authorization of appropriations
Statutory text
Amount
There are authorized to be appropriated to the Fund $50,000,000 to carry out this subchapter.
Budgetary treatment
The amount authorized to be appropriated under subsection (a) shall be subject to discretionary spending caps, as provided in section 665 1 of title 2, and therefore shall reduce by an equal amount funds made available for other discretionary spending programs.
Footnotes
- 1 See References in Text note below.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Riegle Community Development and Regulatory Improvement Act of 1994
Pub. L. 103–325 title II § 260 · 108 Stat. 2160
Enacted · 12 U.S.C. § 4750
(Pub. L. 103–325, title II, § 260, Sept. 23, 1994, 108 Stat. 2214.)
Source evidence
Code source credit
(Pub. L. 103–325, title II, § 260, Sept. 23, 1994, 108 Stat. 2214.)Enacted provision · exact public law section
SEC. 260. AUTHORIZATION OF APPROPRIATIONS. (a) Amount.— There are authorized to be appropriated to the Fund $50,000,000 to carry out this subtitle. (b) Budgetary Treatment.— The amount authorized to be appropriated under subsection (a) shall be subject to discretionary spending caps, as provided in section 601 of the Congressional Budget Act of 1974, and therefore shall reduce by an equal amount funds made available for other discretionary spending programs.
1 of 1 references resolved to an enrolled provision
Editorial Notes
References in Text
Section 665 of title 2, referred to in subsec. (b), was repealed by Pub. L. 105–33, title X, § 10118(a), , 111 Stat. 695.