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Code · BILL · 114th Congress · S. 1732 (Introduced in Senate) — To authorize elements of the Department of Transportation, and for other purposes. · Sec. 5610

Sec. 5610. Savings provision

152 words·~1 min read·/bill/114/s/1732/is/section-5610·

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Except as provided in subsection (b), this subtitle, and the amendments made by this subtitle, shall not affect any direct loan (or direct loan obligation) or an outstanding loan guarantee (or loan guarantee commitment) that was in effect prior to the date of enactment of this Act. Any such transaction entered into before the date of enactment of this Act shall be administered until completion under its terms as if this Act were not enacted. At the discretion of the Secretary, the authority to accept modification costs on behalf of an applicant under section 502(f) of the Railroad Revitalization and Regulatory Reform Act of 1976 ( 45 U.S.C. 822(f) ), as amended by section 5607 of this Act, may apply with respect to any direct loan (or direct loan obligation) or an outstanding loan guarantee (or loan guarantee commitment) that was in effect prior to the date of enactment of this Act.
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  • 45 USC 822(f)
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Sec. 5610
Savings provision
Cite45 USC 822(f)
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