PRIA Logo™
Title 42, The Public Health and WelfareRelease 119-102

§291j–5 Limitation on Amounts of Loans Guaranteed or Directly Made

Title 42 › CHAPTER 6A — PUBLIC HEALTH SERVICE › SUBCHAPTER IV — CONSTRUCTION AND MODERNIZATION OF HOSPITALS AND OTHER MEDICAL FACILITIES › Part B — Loan Guarantees and Loans for Modernization and Construction of Hospitals and Other Medical Facilities › § 291j–5

Last updated Aug 21, 2026|Official source

Summary

Limits how much loan principal can be outstanding at one time under this part. The total must not be more than whichever is less: the limit set by any government spending law, or the dollar caps listed for certain years. For the fiscal year ending June 30, 1971 the cap is $500,000,000; for the fiscal year ending June 30, 1972 it is $1,000,000,000; and for each of the fiscal years ending June 30, 1973 and June 30, 1974 it is $1,500,000,000.

Full Legal Text

Title 42, §291j–5

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

The cumulative total of the principal of the loans outstanding at any time with respect to which guarantees have been issued, or which have been directly made, under this part may not exceed the lesser of— (1)
(2)in the case of loans covered by allotments for the fiscal year ending June 30, 1971, $500,000,000; for the fiscal year ending June 30, 1972, $1,000,000,000; and for each of the fiscal years ending June 30, 1973, and June 30, 1974, $1,500,000,000.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Amendments

1973—Pub. L. 93–45 provided for a limitation of $1,500,000,000 on amount of loans outstanding in the case of loans covered by allotments for fiscal year ending June 30, 1974.

Reference

Citations & Metadata

Citation

42 U.S.C. § 291j–5

Title 42, The Public Health and Welfare

Last Updated

Aug 21, 2026

Release point: 119-102