Browse Arkansas Code titles and sections

15 U.S.C. § 9061 — Direct appropriation

Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 9061 — Direct appropriation

**(a) In general** Notwithstanding any other provision of law, there is appropriated, out of amounts in the Treasury not otherwise appropriated, to the fund established under [section 5302(a)(1) of title 31](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title31-section5302/a/1&num=0&edition=prelim), $500,000,000,000 to carry out this part. **(b) Omitted** **(c) Clarification** (1) **In general** — On or after January 1, 2021, any remaining funds made available under [section 9042(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section9042/b&num=0&edition=prelim) may be used only for— (A) modifications, restructurings, or other amendments of loans, loan guarantees, or other investments in accordance with [section 9063(b)(1) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section9063/b/1&num=0&edition=prelim); and (B) exercising any options, warrants, or other investments made prior to January 1, 2021; and (C) paying costs and administrative expenses as provided in [section 9042(f) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section9042/f&num=0&edition=prelim). (2) **Deficit reduction** — On January 1, 2026, any funds described in paragraph (1) that are remaining shall be transferred to the general fund of the Treasury to be used for deficit reduction.

Source: Supplied U.S. Code snapshot — release unconfirmed · 15 U.S.C. § 9061

Stored review status: release_metadata_unconfirmed. A text match is a research starting point; applicability is not established.

Original supplied file — preserved unchanged

Download original Markdown file

File SHA-256: ed4508ff10bedea71cf40904db1cbf79b8344b9946e60adc2d4a99560b573626. The original may include catalog metadata, neighboring provisions, or embedded records outside this collection's scope. Search shows only the selected federal record. Historical editions and unverified snapshots are not a statement of current law.

Authority boundary: historical or unconfirmed source not current law verified.

Open the recorded source website ↗

Record provenance

Stable record: federal_law:legal_authorities:record_usc_122ef7212149d1680ea7d7ff
Source file: Laws/federal/codes/united-states-code/title-15/section-9061-direct-appropriation--0087f5cb75.md
Pages: Not recorded – Not recorded
Passage SHA-256: 57b2ee4b50f92dfc352a743a588f639cfeaecf23889ede76793efcd985bf1a89

Source location: Title 15, Chapter 116, § 9061; chapter-116-coronavirus-economic-stabilization-cares-act.md

Stored source content

Cross-references

Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.

Federal law — U.S. Code and appendices · legal_authorities

31 U.S.C. § 5302 — Stabilizing exchange rates and arrangements

**(a)** (1) The Department of the Treasury has a stabilization fund. The fund is available to carry out this section, section 18 of the Bretton Woods Agreement Act ([22 U.S.C. 286e–3](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section286e–3&num=0&edition=prelim)), section 3 of the Special Drawing Rights Act ([22 U.S.C. 286](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section286&num=0&edition=prelim)o), and the Coronavirus Economic Stabilization Act of 2020, and for investing in obligations of the United States Government those amounts in the fund the Secretary of the Treasury, with the approval of the President, decides are not required at the time to carry out this section. Proceeds of sales and investments, earnings, and interest shall be paid into the fund and are available to carry out this section. However, the fund is not available to pay administrative expenses. (2) Subject to approval by the President, the fund is under the exclusive control of the Secretary, and may not be used in a way that direct control and custody pass from the President and the Secretary. Decisions of the Secretary are final and may not be reviewed by another officer or employee of the Government. **(b)** Consistent with the obligations of the Government in the International Monetary Fund on orderly exchange arrangements and a stable system of exchange rates, the Secretary or an agency designated by the Secretary, with the approval of the President, may deal in gold, foreign exchange, and other instruments of credit and securities the Secretary considers necessary. However, a loan or credit to a foreign entity or government of a foreign country may be made for more than 6 months in any 12-month period only if the President gives Congres

Source: Supplied U.S. Code snapshot — release unconfirmed · 31 U.S.C. § 5302

Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.

Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 9001 — Definitions

In this title— 11 See References in Text note below. (1) the terms “Administration” and “Administrator” mean the Small Business Administration and the Administrator thereof, respectively; and (2) the term “small business concern” has the meaning given the term in [section 632 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section632&num=0&edition=prelim).

Source: Supplied U.S. Code snapshot — release unconfirmed · 15 U.S.C. § 9001

Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.

Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 9042 — Emergency relief and taxpayer protections

**(a) In general** Notwithstanding any other provision of law, to provide liquidity to eligible businesses, States, and municipalities related to losses incurred as a result of coronavirus, the Secretary is authorized to make loans, loan guarantees, and other investments in support of eligible businesses, States, and municipalities that do not, in the aggregate, exceed $0 and provide the subsidy amounts necessary for such loans, loan guarantees, and other investments in accordance with the provisions of the Federal Credit Reform Act of 1990 ([2 U.S.C. 661](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title2-section661&num=0&edition=prelim) et seq.). **(b) Loans, loan guarantees, and other investments** Loans, loan guarantees, and other investments made pursuant to subsection (a) shall be made available as follows: (1) Not more than $0 shall be available to make loans and loan guarantees for passenger air carriers, eligible businesses that are certified under part 145 of title 14, Code of Federal Regulations, and approved to perform inspection, repair, replace, or overhaul services, and ticket agents (as defined in [section 40102 of title 49](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title49-section40102&num=0&edition=prelim)). (2) Not more than 0 11 So in original. Probably should be preceded by a dollar sign. shall be available to make loans and loan guarantees for cargo air carriers. (3) Not more than 0 1 shall be available to make loans and loan guarantees for businesses critical to maintaining national security. (4) Not more than the sum of $0 and any amounts available under paragraphs (1), (2), and (3) that are not used as provided under those paragraphs shall be available to make loans and loan guarantees to, and other inves

Source: Supplied U.S. Code snapshot — release unconfirmed · 15 U.S.C. § 9042

Stored review status: release_metadata_unconfirmed. Incoming connection: Explicit cross-reference supplied in source Markdown; currentness and applicability require review.

Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 9053 — Special Inspector General for Pandemic Recovery

**(a) Office of Inspector General** There is hereby established within the Department of the Treasury the Office of the Special Inspector General for Pandemic Recovery. **(b) Appointment of Inspector General; removal** (1) **In general** — The head of the Office of the Special Inspector General for Pandemic Recovery shall be the Special Inspector General for Pandemic Recovery (referred to in this section as the “Special Inspector General”), who shall be appointed by the President, by and with the advice and consent of the Senate. (2) **Nomination** — The nomination of the Special Inspector General shall be made on the basis of integrity and demonstrated ability in accounting, auditing, financial analysis, law, management analysis, public administration, or investigations. The nomination of an individual as Special Inspector General shall be made as soon as practicable after any loan, loan guarantee, or other investment is made under [section 9042 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section9042&num=0&edition=prelim). (3) **Removal** — The Special Inspector General shall be removable from office in accordance with the provisions of section 3(b) of the Inspector General Act of 1978 (5 U.S.C. App.).11 See References in Text note below. (4) **Political activity** — For purposes of [section 7324 of title 5](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section7324&num=0&edition=prelim), the Special Inspector General shall not be considered an employee who determines policies to be pursued by the United States in the nationwide administration of Federal law. (5) **Basic pay** — The annual rate of basic pay of the Special Inspector General shall be the annual rate of basic pay for an Inspector General u

Source: Supplied U.S. Code snapshot — release unconfirmed · 15 U.S.C. § 9053

Stored review status: release_metadata_unconfirmed. Incoming connection: Explicit cross-reference supplied in source Markdown; currentness and applicability require review.

Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 9061 — Direct appropriation

Page 2545 TITLE 15—COMMERCE AND TRADE § 9063 (f) Government Accountability Office (1) Study The Comptroller General of the United States shall conduct a study on the loans, loan guarantees, and other investments provided under section 9042 of this title. (2) Report Not later than 9 months after March 27, 2020, and annually thereafter through the year suc- ceeding the last year for which loans, loan guarantees, or other investments made under section 9042 of this title are outstanding, the Comptroller General shall submit to the Com- mittee on Financial Services, the Committee on Transportation and Infrastructure, the Committee on Appropriations, and the Com- mittee on the Budget of the House of Rep- resentatives and the Committee on Banking, Housing, and Urban Affairs, the Committee on Commerce, Science, and Transportation, the Committee on Appropriations, and the Com- mittee on the Budget of the Senate a report on the loans, loan guarantees, and other invest- ments made under section 9042 of this title. (Pub. L. 116–136, div. A, title IV, § 4026, Mar. 27, 2020, 134 Stat. 494; Pub. L. 117–103, div. HH, title III, § 301, Mar. 15, 2022, 136 Stat. 1113.) Editorial Notes REFERENCES IN TEXT This Act, referred to in subsec. (c), probably means subtitle A (§§ 4001–4029) of title IV of div. A of Pub. L. 116–136, known as the Coronavirus Economic Stabiliza- tion Act of 2020, which is classified principally to this part. For complete classification of this Act to the Code, see section 4001 of Pub. L. 116–136, set out as a Short Title note under section 9001 of this title, and Ta- bles. AMENDMENTS 2022—Subsec. (c). Pub. L. 117–103 substituted ‘‘semi- annual’’ for ‘‘quarterly’’ and inserted at end ‘‘This sub- section shall have no force or effect after

Source: Supplied 2024 U.S. Code historical extraction · 15 U.S.C. § 9061

Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.