U.S Code last checked for updates: Apr 19, 2024
§ 9104.
Congressional action on budgets of wholly owned Government corporations
(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.)
cite as: 31 USC 9104