§ 8821. Termination of authorities; modification of terms and conditions of conditional commitments for loan guarantees

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. 1980

   Energy Security Act

   Pub. L. 96–294 title II § 221 · 94 Stat. 611

   Enacted · 42 U.S.C. § 8821

   Pub. L. 96–294, title II, § 221, June 30, 1980, 94 Stat. 696

   Source evidence

   Code source credit
   Pub. L. 96–294, title II, § 221, June 30, 1980, 94 Stat. 696

   Enacted provision · exact public law section
   Sec. 221. termination No insured loan, loan guarantee, price guarantee, or purchase agreement may be committed to or made under this subtitle after September 30, 1984. This section shall not be construed to affect the authority of the Secretary concerned to spend funds after such date pursuant to any contract for financial assistance made on or before that date under this subtitle.

2. 1985

   Pub. L. 99–24 § 1(a) · 99 Stat. 50

   Inserted · 42 U.S.C. § 8821

   Pub. L. 99–24 inserted “, except that all conditional commitments for loan guarantees under this subchapter which were in existence on September 30, 1984, are hereby extended through September 30, 1985”

   Target inherited from the preceding amendment note.

   Source evidence

   Code amendment note
   Pub. L. 99–24 inserted “, except that all conditional commitments for loan guarantees under this subchapter which were in existence on September 30, 1984, are hereby extended through September 30, 1985”.

3. 1985

   Pub. L. 99–190 § 101(a) · 99 Stat. 1185

   1. Substituted · 42 U.S.C. § 8821

      Pub. L. 99–190, § 101(a), as enacted by Pub. L. 100–202, substituted “through June 30, 1986” for “through September 30, 1985”

   2. Inserted · 42 U.S.C. § 8821

      Pub. L. 99–190, § 101(a), as enacted by Pub. L. 100–202, inserted provisions authorizing the Secretary of Energy to modify the terms and conditions of any conditional commitment for a loan guarantee under this subchapter made before Oct. 1, 1984, including the amount of the guarantee, and further providing that nothing in this section shall be interpreted as indicating Congressional approval with respect to any pending conditional commitments. See Codification note above

   Source evidence

   Code amendment note
   Pub. L. 99–190, § 101(a), as enacted by Pub. L. 100–202, substituted “through June 30, 1986” for “through September 30, 1985” and inserted provisions authorizing the Secretary of Energy to modify the terms and conditions of any conditional commitment for a loan guarantee under this subchapter made before Oct. 1, 1984, including the amount of the guarantee, and further providing that nothing in this section shall be interpreted as indicating Congressional approval with respect to any pending conditional commitments. See Codification note above.

   Enacted provision · exact public law section
   (a) Such amounts as may be necessary for programs, projects, or activities provided for in the Agriculture, Rural Development, and Related Agencies Appropriations Act, 1986 (H.R. 3037), to the extent and in the manner provided for in the conference report and joint explanatory statement of the Committee of Conference (House Report Numbered 99–439), as filed in the House of Representatives on December 12, 1985, as if such Act had been enacted into law. Notwithstanding any other provision of this Joint Resolution, each appropriation item in the referenced bill (H.R. 3037) made available under this subsection may be reduced by six-tenths of 1 per centum, if applied to every appropriation item, rounded to the nearest thousands of dollars, except for the following appropriations: Child Nutrition Programs and Special Milk Program which are true entitlements: Provided, That such reductions, if made, shall be applied proportionally to each program, project, and activity as set forth in the conference agreement (H Rept. 99–439).

   Effective date note
   Pub. L. 100–202, § 106, Dec. 22, 1987, 101 Stat. 1329–434, provided that the amendment made by that section is effective on date of enactment [Dec. 19, 1985] of the “pertinent joint resolution” making continuing appropriations for fiscal year 1986 [Pub. L. 99–190].

4. 1986

   Consolidated Omnibus Budget Reconciliation Act of 1985

   Pub. L. 99–272 title VII § 7301 · 100 Stat. 82

   1. Substituted · 42 U.S.C. § 8821

      Pub. L. 99–272 made amendment substantially identical to that by Pub. L. 99–190, substituting “through June 30, 1986” for “through September 30, 1985”

   2. Inserted · 42 U.S.C. § 8821

      Pub. L. 99–272 made amendment substantially identical to that by Pub. L. 99–190, inserting provisions authorizing the Secretary of Energy to modify the terms and conditions of any conditional commitment for a loan guarantee under this subchapter made before Oct. 1, 1984, including the amount of the guarantee, and further providing that nothing in this section shall be interpreted as indicating Congressional approval with respect to any pending conditional commitments

   Target inherited from the preceding amendment note.

   Source evidence

   Code amendment note
   Pub. L. 99–272 made amendment substantially identical to that by Pub. L. 99–190, substituting “through June 30, 1986” for “through September 30, 1985” and inserting provisions authorizing the Secretary of Energy to modify the terms and conditions of any conditional commitment for a loan guarantee under this subchapter made before Oct. 1, 1984, including the amount of the guarantee, and further providing that nothing in this section shall be interpreted as indicating Congressional approval with respect to any pending conditional commitments.

   Enacted provision · exact public law section
   SEC. 7301. BIOMASS ENERGY AND ALCOHOL FUELS LOAN GUARANTEES. Section 221 of the Biomass Energy and Alcohol Fuels Act of 1980 (Public Law 96–294; 42 U.S.C. 8821) is amended by— (1) striking out “September 30, 1985” and inserting in lieu thereof “June 30, 1986”; and (2) adding at the end thereof the following: “Notwithstanding any other provision of this subtitle, the Secretary of Energy may modify the terms and conditions of any conditional commitment for a loan guarantee under this subtitle made before October 1, 1984, including the amount of the loan guarantee. Nothing in this section shall be interpreted as indicating Congressional approval with respect to any pending conditional commitments under this Act.”.

5. 1986

   Pub. L. 99–500 § 101(h)(tIII)(s318) · 100 Stat. 1783-242

   Substituted · 42 U.S.C. § 8821

   Pub. L. 99–500 and Pub. L. 99–591 substituted “through June 30, 1987” for “through June 30, 1986”

   Unresolved: Pub. L. 99–500 was not found in the local Statutes at Large index.

   Source evidence

   Code amendment note
   Pub. L. 99–500 and Pub. L. 99–591 substituted “through June 30, 1987” for “through June 30, 1986”.

6. 1987

   Department of Commerce Appropriation Act, 1988

   Pub. L. 100–202 § 106 · 101 Stat. 1329

   Changed · 42 U.S.C. § 8821

   Pub. L. 100–202, see 1985 Amendment note below

   Source evidence

   Code amendment note
   For amendment by Pub. L. 100–202, see 1985 Amendment note below.

   Enacted provision · exact public law section
   Sec. 106. 19 USC 2347 note. Notwithstanding any other provision of law, including section 257(c) of the Trade Act of 1974, as amended, and section 203 of the Public Works and Economic Development Act of 1965, as amended, principal and interest repayments from loans, proceeds from the sale of loan assets or collateral, and other receipts arising out of transactions entered into pursuant to title II, chapter 3 of the Trade Act of 1974 shall be deposited into the economic development revolving fund established under section 203 of the Public Works and Economic Development Act of 1965 beginning October 1, 1987: Provided, That payments of obligations in connection with loans Karan teed under the authority of the Trade Act of 1974 or the blic Works and Economic Development Act of 1965, and any related expenses, shall be made from funds available in the economic development revolving fund: Provided further, That deposits to the economic development revolving fund of amounts appropriated for, or received in connection with, activities authorized under the Trade Act of 1974, made prior to October 1, 1987, shall be deemed valid deposits.

   Effective date note
   Pub. L. 100–202, § 106, Dec. 22, 1987, 101 Stat. 1329–434, provided that the amendment made by that section is effective on date of enactment [Dec. 19, 1985] of the “pertinent joint resolution” making continuing appropriations for fiscal year 1986 [Pub. L. 99–190].

6 of 8 references resolved to an enrolled provision · 1 partial · 1 unresolved