FEDERAL · 31 U.S.C. · Chapter 91
Congressional action on budgets of wholly owned Government corporations
Current through Pub. L. 119-102
(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;
(3)affect the authority of a wholly owned Government corporation to make a commitment without fiscal year limitation.
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31 U.S.C. § 9104 (Congressional action on budgets of wholly owned Government corporations) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Aaron v. United States
51 Fed. Cl. 690 (Federal Claims, 2002)
Source Credit
History
(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1043.)
Editorial Notes
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.
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.