Title 42The Public Health and WelfareRelease 119-73

§5201 Rules and regulations

Title 42 › Chapter CHAPTER 68— - DISASTER RELIEF › Subchapter SUBCHAPTER V— - MISCELLANEOUS › § 5201

Last updated Apr 6, 2026|Official source

Summary

The President can make any rules needed to carry out this law. He can act directly or name federal agencies to act for him. Those rules must say that any aid paid to a State must be fully paid within 60 days after the aid is approved. The President or someone he names can accept gifts, bequests, or donations of money, services, or property. Money received goes into a separate fund in the Treasury and can be spent when the President or his delegate approves. If asked, the Secretary of the Treasury may invest extra money in U.S. public debt securities with suitable maturities, and any interest earned goes back into that fund.

Full Legal Text

Title 42, §5201

The Public Health and Welfare — Source: USLM XML via OLRC

(a)(1)The President may prescribe such rules and regulations as may be necessary and proper to carry out any of the provisions of this chapter, and he may exercise any power or authority conferred on him by any section of this chapter either directly or through such Federal agency or agencies as he may designate.
(2)Rules and regulations authorized by paragraph (1) shall provide that payment of any assistance under this chapter to a State shall be completed within 60 days after the date of approval of such assistance.
(b)In furtherance of the purposes of this chapter, the President or his delegate may accept and use bequests, gifts, or donations of service, money, or property, real, personal, or mixed, tangible, or intangible. All sums received under this subsection shall be deposited in a separate fund on the books of the Treasury and shall be available for expenditure upon the certification of the President or his delegate. At the request of the President or his delegate, the Secretary of the Treasury may invest and reinvest excess monies in the fund. Such investments shall be in public debt securities with maturities suitable for the needs of the fund and shall bear interest at rates determined by the Secretary of the Treasury, taking into consideration current market yields on outstanding marketable obligations of the United States of comparable maturities. The interest on such investments shall be credited to, and form a part of, the fund.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

References in Text

This chapter, referred to in text, was in the original “this Act”, meaning Pub. L. 93–288, May 22, 1974, 88 Stat. 143. For complete classification of this Act to the Code, see

Short Title

note set out under section 5121 of this title and Tables.

Amendments

1988—Subsec. (a). Pub. L. 100–707 designated existing provision as par. (1) and added par. (2). 1980—Pub. L. 96–446 designated existing provisions as subsec. (a) and added subsec. (b).

Statutory Notes and Related Subsidiaries

Deadline for Issuance of

Regulations

Pub. L. 100–707, title I, § 113, Nov. 23, 1988, 102 Stat. 4711, provided that: “

Regulations

necessary to carry out this title and the

Amendments

made by this title [see

Short Title

of 1988 Amendment note set out under section 5121 of this title] shall be issued no later than the 180th day following the date of the enactment of this Act [Nov. 23, 1988].” [Functions of President under section 113 of Pub. L. 100–707 delegated to Director of Federal Emergency Management Agency by section 5 of Ex. Ord. No. 12673, Mar. 23, 1989, 54 F.R. 12571, set out as a note under section 5195 of this title.]

Reference

Citations & Metadata

Citation

42 U.S.C. § 5201

Title 42The Public Health and Welfare

Last Updated

Apr 6, 2026

Release point: 119-73