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Code · U.S. Code · Title 31 - MONEY AND FINANCE · CHAPTER 91— GOVERNMENT CORPORATIONS · § 9104

§ 9104. Congressional action on budgets of wholly owned Government corporations

200 words·~1 min read·/usc/title-31/section-9104

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)Congress shall—
(1)consider budget programs for wholly owned Government corporations the President submits;
(2)make necessary appropriations authorized by law;
(3)make corporate financial resources available for operating and administrative expenses; and
(4)provide for repaying capital and the payment of dividends.
(b)This section does not—
(1)prevent a wholly owned Government corporation from carrying out or financing its activities as authorized under another law;
(2)affect section 26 of the Tennessee Valley Authority Act of 1933 (16 U.S.C. 831y); or
(3)affect the authority of a wholly owned Government corporation to make a commitment without fiscal year limitation.
(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1043.)
In subsection (a), the words “budget programs for wholly owned Government corporations” are substituted for “Budget programs” for clarity and consistency. The words “legislation . . . be enacted”, “as may be”, “for expenditure”, “corporate funds or other”, “or limiting the use thereof”, “as the Congress may determine”, and “funds” are omitted as surplus.
In subsection (b), the word “existing” is omitted as surplus. In clause (1), the word “another” is added for clarity. In clause (3), the words “contracts or other” and “reference to” are omitted as surplus.
Connections126 cite this · traces to 1
Cited by 126 sections · top 60
statutes-at-large
2 references not yet in our index
  • Pub. L. 97–258
  • 96 Stat. 1043
Citation graph
cites case law
§ 9104
Congressional action on budgets of wholly owned Government corporations
Stat.×94
Pub. L.×12
Stat. Comp.×10
U.S.C.×10
Pub. L.Pub. L. 97–258
Stat.96 Stat. 1043
Cites 3Cited by 126 across 4 sources
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