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42 U.S.C. § 3142 — Cooperation of Federal agencies
Federal law — U.S. Code and appendices · legal_authorities
In accordance with applicable laws and subject to the availability of appropriations, each Federal agency shall exercise its powers, duties and functions, and shall cooperate with the Secretary, in such manner as will assist the Secretary in carrying out this subchapter.
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Source location: Title 42, Chapter 38, § 3142; chapter-038-public-works-and-economic-development.md
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In accordance with applicable laws and subject to the availability of appropriations, each Federal agency shall exercise its powers, duties and functions, and shall cooperate with the Secretary, in such manner as will assist the Secretary in carrying out this subchapter.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** In addition to amounts made available under [section 3231 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section3231&num=0&edition=prelim), there are authorized to be appropriated such sums as are necessary to carry out [section 3149(c)(1) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section3149/c/1&num=0&edition=prelim), to remain available until expended.
**(b) Pilot projects** Funds made available under subsection (a) may be used for activities including pilot projects for privatization of, and economic development activities for, closed or realigned military or Department of Energy installations.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Loans to small business concerns; allowable purposes; qualified business; restrictions and limitations** The Administration is empowered to the extent and in such amounts as provided in advance in appropriation Acts to make loans for plant acquisition, construction, conversion, or expansion, including the acquisition of land, material, supplies, equipment, and working capital, and to make loans to any qualified small business concern, including those owned by qualified Indian tribes, for purposes of this chapter. Such financings may be made either directly or in cooperation with banks or other financial institutions through agreements to participate on an immediate or deferred (guaranteed) basis. These powers shall be subject, however, to the following restrictions, limitations, and provisions:
(1) **In general.—**
(A) *Credit elsewhere.—*
(i) *In general.—* — The Administrator has the authority to direct, and conduct oversight for, the methods by which lenders determine whether a borrower is able to obtain credit elsewhere. No financial assistance shall be extended pursuant to this subsection if the applicant can obtain credit elsewhere. No immediate participation may be purchased unless it is shown that a deferred participation is not available; and no direct financing may be made unless it is shown that a participation is not available.
(ii) *Liquidity.—* — On and after October 1, 2015, the Administrator may not guarantee a loan under this subsection if the lender determines that the borrower is unable to obtain credit elsewhere solely because the liquidity of the lender depends upon the guaranteed portion of the loan being sold on the secondary market.
(B) *Background checks.—* — Prior to the approval of any loan made pursuant to this subsecti
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Federal law — U.S. Code and appendices · legal_authorities
Page 5851
TITLE 42—THE PUBLIC HEALTH AND WELFARE
§ 3143
§ 3142. Base closings and realignments
Notwithstanding any other provision of law,
the Secretary may provide to an eligible recipi-
ent any assistance available under this sub-
chapter for a project to be carried out on a mili-
tary or Department of Energy installation that
is closed or scheduled for closure or realignment
without requiring that the eligible recipient
have title to the property or a leasehold interest
in the property for any specified term.
(Pub. L. 89–136, title II, § 202, as added Pub. L.
105–393, title I, § 102(a), Nov. 13, 1998, 112 Stat.
3602.)
Editorial Notes
PRIOR PROVISIONS
A prior section 3142, Pub. L. 89–136, title II, § 202, Aug.
26, 1965, 79 Stat. 556; Pub. L. 93–423, § 4(b), Sept. 27, 1974,
88 Stat. 1158; Pub. L. 94–487, title I, §§ 107(c), (d), 108,
Oct. 12, 1976, 90 Stat. 2332, authorized business loans and
loan guarantees, prior to repeal by Pub. L. 105–393,
§ 102(a).
A prior section 3142–1, Pub. L. 91–596, § 28(d), Dec. 29,
1970, 84 Stat. 1618; Pub. L. 93–237, § 2(c), Jan. 2, 1974, 87
Stat. 1024, which authorized loans for small business
compliance with occupational safety and health stand-
ards, was omitted from the Code in view of the repeal
of subchapter II of this chapter by Pub. L. 105–393.
A prior section 3142a, Pub. L. 89–298, title II, § 217, Oct.
27, 1965, 79 Stat. 1088, which authorized purchase of in-
debtedness and loans for waterways projects, was trans-
ferred to section 2220 of Title 33, Navigation and Navi-
gable Waters.
Statutory Notes and Related Subsidiaries
EFFECTIVE DATE
Section effective Feb. 11, 1999, see section 105 of Pub.
L. 105–393, set out as a note under section 3121 of this
title.
§ 3143. Grants for planning and grants for a
Source: Supplied 2024 U.S. Code historical extraction · 42 U.S.C. § 3142
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