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2 U.S.C. § 691 to 692 — Omitted

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

2 U.S.C. § 691 to 692 — Omitted

Source: Supplied U.S. Code snapshot — release unconfirmed · 2 U.S.C. § 691 to 692

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Stable record: federal_law:legal_authorities:record_usc_7a48194710031edc1989fed1
Source file: Laws/federal/codes/united-states-code/title-2/section-691-to-692-2-u-s-c-691-to-692-omitted--fcf066ab69.md
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Source location: Title 2, Chapter 17B, § 691 to 692; chapter-17b-impoundment-control.md

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### Statutory Notes #### Codification Sections were omitted pursuant to section 5 of Pub. L. 104–130, set out as an Effective and Termination Dates note below. Section 691, Pub. L. 93–344, title X, § 1021, as added Pub. L. 104–130, § 2(a), Apr. 9, 1996, 110 Stat. 1200, provided line item veto authority. Section 691a, Pub. L. 93–344, title X, § 1022, as added Pub. L. 104–130, § 2(a), Apr. 9, 1996, 110 Stat. 1201; amended Pub. L. 105–33, title X, § 10121(a), Aug. 5, 1997, 111 Stat. 696, required special messages to Congress of cancellations made. Section 691b, Pub. L. 93–344, title X, § 1023, as added Pub. L. 104–130, § 2(a), Apr. 9, 1996, 110 Stat. 1202, provided that cancellations were to be effective unless disapproved. Section 691c, Pub. L. 93–344, title X, § 1024, as added Pub. L. 104–130, § 2(a), Apr. 9, 1996, 110 Stat. 1202; amended Pub. L. 105–33, title X, § 10121(b), Aug. 5, 1997, 111 Stat. 696, related to deficit reduction. Section 691d, Pub. L. 93–344, title X, § 1025, as added Pub. L. 104–130, § 2(a), Apr. 9, 1996, 110 Stat. 1203, related to expedited congressional consideration of disapproval bills. Section 691e, Pub. L. 93–344, title X, § 1026, as added Pub. L. 104–130, § 2(a), Apr. 9, 1996, 110 Stat. 1207; amended Pub. L. 105–33, title X, § 10122, Aug. 5, 1997, 111 Stat. 697, defined terms used in this subchapter. Section 691f, Pub. L. 93–344, title X, § 1027, as added Pub. L. 104–130, § 2(a), Apr. 9, 1996, 110 Stat. 1210, related to identification of limited tax benefits. Section 692, Pub. L. 104–130, § 3, Apr. 9, 1996, 110 Stat. 1211, provided for judicial review. #### Constitutionality For information regarding the constitutionality of part C of title X of Pub. L. 93–344, as added by section 2(a) of Pub. L. 104–130, which was classified generally to this subchapter (sections 691 et seq. of this title), see the Table of Laws Held Unconstitutional in Whole or in Part by the Supreme Court on the Constitution Annotated website, constitution.congress.gov. #### Effective and Termination Dates Pub. L. 104–130, § 5, Apr. 9, 1996, 110 Stat. 1212, provided that: “This Act [enacting this subchapter and provisions set out as a note under [section 681 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title2-section681&num=0&edition=prelim) and amending provisions set out as notes under [section 621 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title2-section621&num=0&edition=prelim)] and the amendments made by it shall take effect and apply to measures enacted on the earlier of—“(1) the day after the enactment into law, pursuant to Article I, section 7, of the Constitution of the United States, of an Act entitled ‘An Act to provide for a seven-year plan for deficit reduction and achieve a balanced Federal budget.’; or “(2) January 1, 1997; and shall have no force or effect on or after January 1, 2005.”

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

2 U.S.C. § 621 — Treatment of deposit insurance and agencies and other insurance programs

**(a) In general** This subchapter shall not apply to the credit or insurance activities of the Federal Deposit Insurance Corporation, National Credit Union Administration, Resolution Trust Corporation, Pension Benefit Guaranty Corporation, National Flood Insurance, National Insurance Development Fund, Crop Insurance, or Tennessee Valley Authority. **(b) Study** The Director and the Director of the Congressional Budget Office shall each study whether the accounting for Federal deposit insurance programs should be on a cash basis on the same basis as loan guarantees, or on a different basis. Each Director shall report findings and recommendations to the President and the Congress on or before May 31, 1991. **(c) Access to data** For the purposes of subsection (b), the Office of Management and Budget and the Congressional Budget Office shall have access to all agency data that may facilitate these studies.

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

2 U.S.C. § 681 — Disclaimer

Nothing contained in this Act, or in any amendments made by this Act, shall be construed as— (1) asserting or conceding the constitutional powers or limitations of either the Congress or the President; (2) ratifying or approving any impoundment heretofore or hereafter executed or approved by the President or any other Federal officer or employee, except insofar as pursuant to statutory authorization then in effect; (3) affecting in any way the claims or defenses of any party to litigation concerning any impoundment; or (4) superseding any provision of law which requires the obligation of budget authority or the making of outlays thereunder.

Source: Supplied U.S. Code snapshot — release unconfirmed · 2 U.S.C. § 681

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