Public Law 119-73 (01/23/2026)

48 U.S.C. § 1403a

Expenditure of bond proceeds for public improvements

section 1403 of this titleThe proceeds of the bond issues or other obligations herein authorized shall be expended only for the public improvements set forth in , or for the reduction of the debt created by such bond issue or obligation, unless otherwise authorized by the Congress.

Oct. 27, 1949, ch. 769, § 263 Stat. 941(, .)