Title 15 — Commerce and TradeRelease 119-73
§689q Authorization of appropriations
Title 15 › Chapter CHAPTER 14B— - SMALL BUSINESS INVESTMENT PROGRAM › Subchapter SUBCHAPTER III— - INVESTMENT DIVISION PROGRAMS › Part Part B— - New Markets Venture Capital Program › § 689q
Summary
Authorizes funds for fiscal years 2001 through 2006 that may be set aside and remain available until spent to guarantee $150,000,000 of debentures and to make $30,000,000 in grants. Money deposited under section 689k(c)(2) may only pay for examinations under section 689k and other program oversight.
Full Legal Text
Title 15, §689q
Commerce and Trade — Source: USLM XML via OLRC
(a)There are authorized to be appropriated for fiscal years 2001 through 2006, to remain available until expended, the following sums:
(1)Such subsidy budget authority as may be necessary to guarantee $150,000,000 of debentures under this part.
(2)$30,000,000 to make grants under this part.
(b)Funds deposited under section 689k(c)(2) of this title are authorized to be appropriated only for the costs of examinations under section 689k of this title and for the costs of other oversight activities with respect to the program established under this part.
Reference
Citations & Metadata
Citation
15 U.S.C. § 689q
Title 15 — Commerce and Trade
Last Updated
Apr 6, 2026
Release point: 119-73