Title 12Banks and BankingRelease 119-73not60

§4750 Authorization of Appropriations

Title 12 › Chapter 47— COMMUNITY DEVELOPMENT BANKING › Subchapter II— SMALL BUSINESS CAPITAL ENHANCEMENT › § 4750

Last updated Apr 3, 2026|Official source

Summary

Congress may appropriate $50,000,000 to the Fund to carry out this subchapter, and that amount counts against the discretionary spending caps in section 665 of title 2.

Full Legal Text

Title 12, §4750

Banks and Banking — Source: USLM XML via OLRC

(a)There are authorized to be appropriated to the Fund $50,000,000 to carry out this subchapter.
(b)The amount authorized to be appropriated under subsection (a) shall be subject to discretionary spending caps, as provided in section 665 11 See References in Text note below. of title 2, and therefore shall reduce by an equal amount funds made available for other discretionary spending programs.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

References in Text

Section 665 of title 2, referred to in subsec. (b), was repealed by Pub. L. 105–33, title X, § 10118(a), Aug. 5, 1997, 111 Stat. 695.

Reference

Citations & Metadata

Citation

12 U.S.C. § 4750

Title 12Banks and Banking

Last Updated

Apr 3, 2026

Release point: 119-73not60