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Title 12 — Banks and Banking

Chapter 47 — Community Development Banking

§ 4750. Authorization of appropriations

Statutory text

(a)

Amount

There are authorized to be appropriated to the Fund $50,000,000 to carry out this subchapter.

(b)

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. 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.

  1. 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 (b), was repealed by Pub.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.

Credits

(Pub. L. 103–325, title II, § 260, , 108 Stat. 2214.)

Parsed from the official OLRC USLM XML in data/usc_all/usc12.xml · release point 119-108 · OLRC build 2026-07-23

USLM identifier /us/usc/t12/s4750