40-U.S.C.-3503
§3503 – Revolving Fund
Pathway
Title 40 > Subtitle II > Part A > Chapter 35 > Section 3503
Details
- Reference: Section 3503
- Legend: §3503 – Revolving Fund
- USCode Year: 2013
Provision Content
(a) Establishment.—There is a revolving fund established by the Secretary of Housing and Urban Development to provide amounts for advances under this chapter. The fund comprises amounts appropriated under this chapter and all repayments and other receipts received in connection with advances made under this chapter.
(b) Authorizations.—Not more than $70,000,000 may be appropriated to the revolving fund as necessary to carry out the purposes of this chapter.
(Pub. L. 107–217, Aug. 21, 2002, 116 Stat. 1168.)
| Revised Section |
Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 3503 | 40:462(e). | Aug. 2, 1954, ch. 649, title VII, §702(e), 68 Stat. 641; Aug. 11, 1955, ch. 783, title I, §112, 69 Stat. 641; Pub. L. 87–70, title V, §502(3), (4), June 30, 1961, 75 Stat. 175; Pub. L. 88–560, title VI, §602(a), Sept. 2, 1964, 78 Stat. 799; Pub. L. 89–117, title XI, §1104, Aug. 10, 1965, 79 Stat. 503; Pub. L. 90–19, §10(a) (related to 40:462), May 25, 1967, 81 Stat. 22. |
In subsection (a), the words heretofore or hereafter are omitted as unnecessary. The text of 40:462(e)(2) is omitted as obsolete. Title V of the War Mobilization and Reconversion Act of 1944 (50 App.:1671) terminated on June 30, 1947. The Act of October 13, 1949 (40:451 et seq.) authorized the Housing and Home Finance Administrator to make certain loans and advances for the 2-year period immediately following October 13, 1951.
In subsection (b), the words in addition to amounts authorized to be appropriated for the purposes of this section before September 2, 1964 are omitted as executed.
U.S. Encyclopedia of Law Coverage
40-U.S.C.-3302 in the Legal Encyclopedia: Public Property
In this entry about 40-U.S.C.-3302, find legal reference material, bibliographies and premiere content related to public property in the American Encyclopedia of Law, presenting a comprehensive view of the United States public property-specific issues, written by authorities in the field.
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