Authorization of appropriations

12 U.S.C. § 5626

• Title: 12 — Banks and Banking
• Chapter: SUBCHAPTER VII—IMPROVING ACCESS TO MAINSTREAM FINANCIAL INSTITUTIONS

Text

(a) Authorization to the Secretary
There are authorized to be appropriated to the Secretary, such sums as are necessary to both administer and fund the programs and projects authorized by this subchapter, to remain available until expended.
(b) Authorization to the Fund
There is authorized to be appropriated to the Fund for each fiscal year beginning in fiscal year 2010, an amount equal to the amount of the administrative costs of the Fund for the operation of the grant program established under this subchapter.

History

(Pub. L. 111–203, title XII, §1208, July 21, 2010, 124 Stat. 2132.)

Editorial Notes

Editorial Notes

References in Text
This subchapter, referred to in text, was in the original "this title", meaning title XII of Pub. L. 111–203, July 21, 2010, 124 Stat. 2129, known as the Improving Access to Mainstream Financial Institutions Act of 2010, which is classified principally to this subchapter. For complete classification of title XII to the Code, see Short Title note set out under section 5301 of this title and Tables.