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Title 42 — The Public Health and Welfare

Chapter 8A — Slum Clearance, Urban Renewal, and Farm Housing

§ 1489. Transfer of excess funds out of Rural Housing Insurance Fund

Statutory text

Any sums in the Rural Housing Insurance Fund which the Secretary determines are in excess of amounts needed to meet the obligations and carry out the purposes of such Fund shall be returned to miscellaneous receipts of the Treasury.

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. Housing and Urban Development Act of 1965

    Pub. L. 89–117 title X § 1006 · 79 Stat. 451

    Enacted · 42 U.S.C. § 1489

    July 15, 1949, ch. 338, title V, § 519, as added Pub. L. 89–117, title X, § 1006, Aug. 10, 1965, 79 Stat. 501

    Source evidence

    Code source credit
    July 15, 1949, ch. 338, title V, § 519, as added Pub. L. 89–117, title X, § 1006, Aug. 10, 1965, 79 Stat. 501

    Enacted provision · exact public law section
    Sec. 1006. sums excess to the needs of the rural housing insurance fund or the rural housing direct loan account Title V of the Housing Act of 1949 is amended by adding 42 USC 1471 et seq. after section 518 (added by section 1003 of this Act) a new section as follows: “Sec. 519. “sums excess to the needs of the rural housing insurance fund or the rural housing direct loan account Any sums in the Rural Housing Insurance Fund or the Rural Housing direct Loan Account which the Secretary determines are in excess of amounts needed to meet the obligations and carry out the purposes of such Fund or Account shall be returned to miscellaneous receipts of the Treasury.”

  2. Housing and Urban Development Act of 1969

    Pub. L. 91–152 title IV § 413(e)(4) · 83 Stat. 379

    Struck · 42 U.S.C. § 1489

    Pub. L. 91–152 struck out applicability of provisions to Rural Housing Direct Loan Account

    Source evidence

    Code amendment note
    Pub. L. 91–152 struck out applicability of provisions to Rural Housing Direct Loan Account.

    Enacted provision · exact public law section
    (4) Section 519 of such Act is amended by striking out “or the Rural Housing Direct Loan Account” and “or Account”.

2 of 2 references resolved to an enrolled provision

Editorial Notes

Amendments

1969—Pub. L. 91–152 struck out applicability of provisions to Rural Housing Direct Loan Account.

Credits

1949–1969 · 2 acts
  1. 1949July 15, 1949, ch. 338, title V, § 519, as added Pub. L. 89–117, title X, § 1006, , 79 Stat. 501
  2. 1969amended Pub. L. 91–152, title IV, § 413(e)(4), , 83 Stat. 399.
Show as published

(July 15, 1949, ch. 338, title V, § 519, as added Pub. L. 89–117, title X, § 1006, , 79 Stat. 501; amended Pub. L. 91–152, title IV, § 413(e)(4), , 83 Stat. 399.)

Parsed from the official OLRC USLM XML in data/usc_all/usc42.xml · release point 119-108 · OLRC build 2026-09-09

USLM identifier /us/usc/t42/s1489