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Code · BILL · 116th Congress · H.R. 6800 (Placed on Calendar Senate) — Making emergency supplemental appropriations for the fiscal year ending September 30, 2020, and for other purposes. · Sec. 70603

Sec. 70603. United States Postal Service borrowing authority

74 words·~1 min read·/bill/116/hr/6800/pcs/section-70603

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Subsection (b)(2) of section 6001 of the Coronavirus Aid, Relief, and Economic Security Act ( Public Law 116–136 ) is amended to read as follows: the Secretary of the Treasury shall lend up to the amount described in paragraph
(1)at the request of the Postal Service subject to the terms and conditions of the note purchase agreement between the Postal Service and the Federal Financing Bank in effect on September 29, 2018. .
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Sec. 70603
United States Postal Service borrowing authority
Pub. L.Public Law 116-136
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