Title 31 — Money and Finance
Chapter 91 — Government Corporations
§ 9104. Congressional action on budgets of wholly owned Government corporations
Statutory text
Congress shall—
consider budget programs for wholly owned Government corporations the President submits;
make necessary appropriations authorized by law;
make corporate financial resources available for operating and administrative expenses; and
provide for repaying capital and the payment of dividends.
This section does not—
prevent a wholly owned Government corporation from carrying out or financing its activities as authorized under another law;
affect section 26 of the Tennessee Valley Authority Act of 1933 (16 U.S.C. 831y); or
affect the authority of a wholly owned Government corporation to make a commitment without fiscal year limitation.
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.
Pub. L. 97–258 · 96 Stat. 1043
Enacted · 31 U.S.C. § 9104
(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1043.)
Source evidence
Code source credit
(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1043.)
0 of 1 references resolved to an enrolled provision · 1 partial
Notes
historicalAndRevision
| Historical and Revision Notes | ||
|---|---|---|
| Revised Section | Source (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.
Credits
(Pub. L. 97–258, , 96 Stat. 1043.)