Title 15, Commerce and TradeRelease 119-110
§689q Authorization of Appropriations
Title 15 › CHAPTER 14B — SMALL BUSINESS INVESTMENT PROGRAM › SUBCHAPTER III — INVESTMENT DIVISION PROGRAMS › Part B — New Markets Venture Capital Program › § 689q
Summary
Allows, for fiscal years 2001 through 2006, money to be provided and kept until spent to guarantee $150,000,000 in debentures and to make $30,000,000 in grants. Money deposited under section 689k(c)(2) may only be used to pay for examinations under section 689k and for other oversight of the program.
Full Legal Text
Title 15, §689q
Commerce and Trade, Source: USLM XML via OLRC
(a)In general
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 collected for examinations
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
Sep 22, 2026
Release point: 119-110