§ 9104. — Congressional action on budgets of wholly owned Government corporations.
[Laws in effect as of January 7, 2003]
[Document not affected by Public Laws enacted between
January 7, 2003 and December 19, 2003]
[CITE: 31USC9104]
TITLE 31--MONEY AND FINANCE
SUBTITLE VI--MISCELLANEOUS
CHAPTER 91--GOVERNMENT CORPORATIONS
Sec. 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.)
Historical and Revision Notes
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Revised Section Source (U.S. Code) Source (Statutes at Large)
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9104(a).............................. 31:849(1st sentence). Dec. 6, 1945, ch. 557, Sec. 104, 59
Stat. 598; restated July 30, 1947, ch.
358, Sec. 307, 61 Stat. 584.
9104(b).............................. 31:849(2d, last sentences).
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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.
Section Referred to in Other Sections
This section is referred to in section 5134 of this title; title 5
sections 3109, 5721, 7903; title 15 section 633; title 41 section 5a;
title 42 sections 295h-3d, 4017; title 44 section 309; title 48 section
1574b.