Sec. 1601.
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/bill/117/hr/5305/eas/section-1601·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Repayments of the remaining balances of all loans, as of September 30, 2021, by the Federal Emergency Management Agency under section 417 of the Robert T. Stafford Disaster Relief and Emergency Assistance Act ( 42 U.S.C. 5184 ) are hereby cancelled. Of the unobligated balances available to the Department of Homeland Security for Federal Emergency Management Agency—Disaster Relief Fund , such sums as are necessary may be transferred to the Disaster Assistance Direct Loan Program Account for carrying out subsection (a).
Each amount repurposed or transferred by this section that was previously designated by the Congress as an emergency requirement or as being for disaster relief pursuant to the Balanced Budget and Emergency Deficit Control Act of 1985 or a concurrent resolution on the budget is designated by the Congress as an emergency requirement pursuant to section 4001(a)(1) and section 4001(b), or as being for disaster relief pursuant to section 4004(b)(6) and section 4005(f), respectively, of S.
Con. Res. 14 (117th Congress), the concurrent resolution on the budget for fiscal year 2022.
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U.S. Code