Code · BILL · 117th Congress · S. 2662 (Introduced in Senate) — To establish the Industrial Finance Corporation of the United States, and for other purposes. · Sec. 303

Sec. 303. Maximum contingent liability

130 words·~1 min read·/bill/117/s/2662/is/section-303

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The maximum contingent liability of the Corporation outstanding at any time shall not exceed in the aggregate the greater of— the amount specified in subsection (b); or an amount equal to 10 times the balance of the Corporate Capital Account. The amount specified in this subsection for the 5-year period beginning on the date of enactment of this Act is $500,000,000,000. Not later than 5 years after the date of enactment of this Act, and not less frequently than every 5 years thereafter, the amount specified in paragraph

(1)shall be adjusted to reflect the percentage of the increase (if any) in the average of the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics of the Department of Labor during the preceding 5-year period.