Title 12, Banks and BankingRelease 119-110
§4750 Authorization of Appropriations
Title 12 › CHAPTER 47 — COMMUNITY DEVELOPMENT BANKING › SUBCHAPTER II — SMALL BUSINESS CAPITAL ENHANCEMENT › § 4750
Summary
Allows $50,000,000 for the Fund; it counts under section 665 spending caps and reduces other discretionary funds by the same amount.
Full Legal Text
Title 12, §4750
Banks and Banking, Source: USLM XML via OLRC
(a)Amount
There are authorized to be appropriated to the Fund $50,000,000 to carry out this subchapter.
(b)Budgetary treatment
The amount authorized to be appropriated under subsection (a) shall be subject to discretionary spending caps, as provided in section 665 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 (b), was repealed by Pub.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 12, Banks and Banking
Last Updated
Sep 23, 2026
Release point: 119-110