12 USC 4718 - Authorization of appropriations

U.S Code last checked for updates: Apr 27, 2024

§ 4718.

Authorization of appropriations

(a)

Fund authorization

(1)

In general

To carry out this subchapter, there are authorized to be appropriated to the Fund, to remain available until expended—

(A)

$60,000,000 for fiscal year 1995;

(B)

$104,000,000 for fiscal year 1996;

(C)

$107,000,000 for fiscal year 1997; and

(D)

$111,000,000 for fiscal year 1998;

or such greater sums as may be necessary to carry out this subchapter.

(2)

Administrative expenses

(A)

In general

(B)

Calculations

(3)

Capitalization assistance

(4)

(5)

Support of community development financial institutions

(b)

Community Development Credit Union Revolving Loan Fund

There are authorized to be appropriated for the purposes of the Community Development Credit Union Revolving Loan Fund—

(1)

$4,000,000 for fiscal year 1995;

(2)

$2,000,000 for fiscal year 1996;

(3)

$2,000,000 for fiscal year 1997; and

(4)

$2,000,000 for fiscal year 1998.

(c)

Budgetary treatment

(Pub. L. 103–325, title I, § 121, Sept. 23, 1994, 108 Stat. 2189.)

cite as: 12 USC 4718