Title 42, The Public Health and WelfareRelease 119-73not60

§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 Apr 5, 2026|Official source

Summary

Limit outstanding loan principal under this part to the smaller of appropriations-Act limits or these caps: $500,000,000 for the year ending June 30, 1971; $1,000,000,000 for 1972; $1,500,000,000 for 1973 and 1974.

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

Apr 5, 2026

Release point: 119-73not60