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15 U.S.C. § 9061

Title 15 Chapter 116 Current through PL 116-220 ~1 min read Last updated: March 30, 2026 View on OLRC →
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§ 9061. Direct appropriation

  • (a) Notwithstanding any other provision of law, there is appropriated, out of amounts in the Treasury not otherwise appropriated, to the fund established under section 5302(a)(1) of title 31 , $500,000,000,000 to carry out this part.
  • (b)
  • (c)
    • (1) On or after January 1, 2021 , any remaining funds made available under section 9042(b) of this title may be used only for—
      • (A) modifications, restructurings, or other amendments of loans, loan guarantees, or other investments in accordance with section 9063(b)(1) of this title ; and
      • (B) exercising any options, warrants, or other investments made prior to January 1, 2021 ; and
      • (C) paying costs and administrative expenses as provided in section 9042(f) of this title .
    • (2) On January 1, 2026 , any funds described in paragraph (1) that are remaining shall be transferred to the general fund of the Treasury to be used for deficit reduction.

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