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§ 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
----------------------------------------------------------------------------------------------------------------
           Revised Section                   Source (U.S. Code)                Source (Statutes at Large)
----------------------------------------------------------------------------------------------------------------
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).
----------------------------------------------------------------------------------------------------------------

    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.



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