31 U.S.C. § 9104 Congressional Action On Budgets of Wholly Owned Government Corporations

LibraryUnited States Statutes
Edition2023 Edition
CurrencyCurrent through P.L. 118-19 (published on www.congress.gov on 10/06/2023)

(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.

<TABLE> <TR><TD colspan="3">HISTORICAL AND REVISION NOTES</TD> </TR> <TR> <TD>Revised Section</TD> <TD>Source (U.S. Code)</TD> <TD>Source (Statutes at Large)</TD> </TR> <TR> <TD>9104(a)</TD> <TD>31:849(1st sentence).</TD> <TD>Dec. 6, 1945, ch. 557, §104, 59 Stat. 598; restated July 30, 1947, ch. 358, §307, 61 Stat. 584.</TD> </TR> <TR> <TD>9104(b)</TD> <TD>31:849(2d, last sentences).</TD> <TD/> </TR> </TABLE>

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