Authorization .—
Limitation Related to Administrative Expenses .—
Pub. L. 106–474, title II, § 201(a)114 Stat. 2094Pub. L. 110–336, § 2(b)(1)(A)122 Stat. 3726Pub. L. 114–217, § 2(b)(1)130 Stat. 840(Added , , ; amended , (4), , , 3727; , , .)
Editorial Notes
References in Text
Pub. L. 106–474The date of the enactment of this chapter, referred to in subsec. (a), is the date of enactment of , which was approved .
The Internal Revenue Code of 1986, referred to in subsec. (b), is classified generally to Title 26, Internal Revenue Code.
Amendments
Pub. L. 114–2172016—Subsec. (a). substituted “through fiscal year 2026 an amount not to exceed the lesser of $1,000,000 or” for “through fiscal year 2016 an amount not to exceed”.
Pub. L. 110–336, § 2(b)(1)(A)2008—Subsec. (a). , substituted “for the first fiscal year beginning on or after the date of the enactment of this chapter and each succeeding fiscal year through fiscal year 2016” for “for each of the first 7 fiscal years beginning on or after the date of the enactment of this chapter”.
Pub. L. 110–336, § 2(b)(4)Subsec. (b). , amended subsec. (b) generally. Prior to amendment, text read as follows: “Except as permitted under section 152407, amounts authorized under this section may not be used by the corporation for administrative expenses of the corporation, including salaries, travel, transportation, and overhead expenses.”
Statutory Notes and Related Subsidiaries
Effective Date of 2008 Amendment
Pub. L. 110–336, § 2(b)(1)(B)122 Stat. 3726