There is authorized to be appropriated $133,000,000 for fiscal year 2015 and each fiscal year thereafter for the carrying out of the provisions and purposes of this chapter by the President and such agencies as he may designate or create. In addition to the appropriations authorized by the previous sentence, there is authorized to be appropriated $117,000,000 for each of fiscal years 2020 through 2024 to carry out subchapter II.
Sept. 8, 1950, ch. 93264 Stat. 820Pub. L. 93–426, § 388 Stat. 1167Pub. L. 96–294, title I, § 105(a)94 Stat. 632Pub. L. 98–265, § 598 Stat. 151Pub. L. 99–441, § 3100 Stat. 1117Pub. L. 101–137, § 9(b)103 Stat. 826Pub. L. 102–99, § 3105 Stat. 487Pub. L. 102–558, title I106 Stat. 4218Pub. L. 104–64, § 3109 Stat. 689Pub. L. 105–261, div. A, title X, § 1072(b)112 Stat. 2137Pub. L. 106–65, div. A, title X, § 1063(b)113 Stat. 769Pub. L. 106–363, § 2114 Stat. 1407Pub. L. 107–47, § 3115 Stat. 260Pub. L. 108–195, § 2(b)117 Stat. 2892Pub. L. 110–367, § 3122 Stat. 4026Pub. L. 111–67, § 2(b)123 Stat. 2007Pub. L. 113–172, § 5128 Stat. 1898Pub. L. 116–92, div. A, title XVII, § 1705(a)133 Stat. 1797(, title VII, § 711, ; , , ; , , ; , , ; , , ; , , ; , , ; , §§ 144, 152, 161, , , 4219; , , ; , , ; , , ; , , ; , , ; , , ; , , ; , , ; , , ; , , .)
Termination of Section
section 4564(a) of this titleFor termination of section, see .
Editorial Notes
References in Text
act Sept. 8, 1950, ch. 93264 Stat. 798section 4501 of this titleThis chapter, referred to in text, was in the original “this Act”, meaning , , known as the Defense Production Act of 1950, which is classified principally to this chapter. For complete classification of this Act to the Code, see and Tables.
Codification
Section was formerly classified to section 2161 of the former Appendix to this title prior to editorial reclassification and renumbering as this section.
Amendments
Pub. L. 116–922019— inserted at end “In addition to the appropriations authorized by the previous sentence, there is authorized to be appropriated $117,000,000 for each of fiscal years 2020 through 2024 to carry out subchapter II.”
Pub. L. 113–1722014— substituted “is authorized to be appropriated $133,000,000 for fiscal year 2015 and each fiscal year thereafter” for “are hereby authorized to be appropriated such sums as may be necessary and appropriate” and struck out at end “Funds made available pursuant to this paragraph for the purposes of this chapter may be allocated or transferred for any of the purposes of this chapter, with the approval of the Office of Management and Budget, to any agency designated to assist in carrying out this chapter. Funds so allocated or transferred shall remain available for such period as may be specified in the Acts making such funds available.”
Pub. L. 111–67act Sept. 8, 1950, ch. 9322009— struck out subsec. (a) designation and heading, struck out provisions relating to exception provided in subsec. (b) and parenthetical provision including sections 4532 and 4533 of this title within provisions and purposes of chapter and excluding sections 305 and 306 of , from such provisions and purposes, and struck out subsec. (b) which related to subchapter II appropriations for fiscal years 1996 through 2009.
Pub. L. 110–3672008—Subsec. (b). substituted “2009” for “2008”.
Pub. L. 108–1952003—Subsec. (b). substituted “2008” for “2003”.
Pub. L. 107–472001—Subsec. (b). substituted “2003” for “2001”.
Pub. L. 106–3632000—Subsec. (b). substituted “2001” for “2000”.
Pub. L. 106–651999—Subsec. (b). substituted “fiscal years 1996 through 2000” for “the fiscal years 1996, 1997, 1998, and 1999”.
Pub. L. 105–2611998—Subsec. (b). substituted “1998, and 1999” for “and 1998”.
Pub. L. 104–64, § 3(1)1995—Subsec. (a). , struck out paragraph designation “(1)” and former par. (1) heading “In general” and in text substituted “Except as provided in subsection (b),” for “Except as provided in subsection (c),”.
Pub. L. 104–64, § 3(2)act Sept. 8, 1950, ch. 932Subsecs. (b) to (d). , added subsec. (b) and struck out former subsec. (b) which authorized appropriations to carry out provisions of section 305(k)(2) of , former subsec. (c) which authorized appropriations for fiscal year 1991 to carry out provisions of sections 4531 to 4533 of this title, and former subsec. (d) which authorized appropriations for fiscal years 1993, 1994, and 1995 to carry out subchapter II of this chapter.
Pub. L. 102–558, § 152(2)(A)1992—Subsec. (a). , inserted heading.
Pub. L. 102–558, § 152(2)(A)Subsec. (a)(1). , (B), inserted par. heading, substituted “Except as provided in subsection (c),” for “Except as provided in paragraph (2) and paragraph (4)”, and struck out “and for payment of interest under subsection (b) of this section” after “sections 4532 and 4533 of this title”.
Pub. L. 102–558, § 144, substituted “Office of Management and Budget” for “Bureau of the Budget”.
Pub. L. 102–558, § 152(2)(C)act Sept. 8, 1950, ch. 932Subsec. (a)(2). , struck out par. (2) which related to authorization of appropriations not to exceed $3,000,000,000 to carry out the provisions of section 305 of , until the date on which the authority of the President under such section would cease to be effective.
Pub. L. 102–558, § 152(2)(D)Subsec. (a)(3). , redesignated par. (3) as subsec. (b). See below.
Pub. L. 102–558, § 152(2)(E)Subsec. (a)(4). , redesignated subpar. (A) as subsec. (c) (see below) and struck out subpar. (B) which read as follows: “The aggregate amount of loans, guarantees, purchase agreements, and other actions under sections 4531, 4532, and 4533 of this title during fiscal years 1987, 1988, and 1989 may not exceed $150,000,000.”
Pub. L. 102–558, § 152(1)section 4533 of this titleSubsec. (b). , (2)(D), redesignated par. (3) of subsec. (a) as subsec. (b), inserted heading, struck out “There are” before “hereby”, and struck out former subsec. (b) which read as follows: “Interest shall accrue on (1) the cumulative amount of disbursements to carry out the purposes of sections 4532 and 4533 of this title (except for storage maintenance, and other operating and administrative expenses), plus any unpaid accrued interest, less the cumulative amount of any funds received on transactions entered into pursuant to sections 4532 and 4533 of this title and any net losses incurred by an agency in carrying out its functions under sections 4532 and 4533 of this title when the head of the agency determines that such net losses have occurred; and (2) the current market value of the inventory of materials procured under as of the first day of each fiscal year commencing with the fiscal year beginning . At the close of each fiscal year there shall be deposited into the Treasury as miscellaneous receipts, from any amounts appropriated under this section, an amount which the Secretary of the Treasury determines necessary to provide for the payment of any interest accrued and unpaid under this subsection. The rate of interest shall be determined by the Secretary of the Treasury, taking into consideration the average market yield during the month preceding each fiscal year on outstanding marketable obligations of the United States with one year remaining to maturity.”
Pub. L. 102–558, § 152(2)(E)Subsec. (c). , redesignated subpar. (A) of par. (4) of subsec. (a) as subsec. (c) and inserted heading.
Pub. L. 102–558, § 161Subsec. (d). , added subsec. (d).
Pub. L. 102–991991—Subsec. (a)(4). amended par. (4) generally. Prior to amendment, par. (4) read as follows:
section 4533 of this title“(4)(A) There are authorized to be appropriated for fiscal year 1990, not to exceed $50,000,000 to carry out the provisions of .
“(B) The aggregate amount of loans, guarantees, purchase agreements, and other actions under sections 4531, 4532, and 4533 of this title during fiscal year 1990 may not exceed $50,000,000.”
Pub. L. 101–1371989—Subsec. (a)(4). amended par. (4) generally. Prior to amendment, par. (4) read as follows:
section 4533 of this title“(A) There are authorized to be appropriated for fiscal years 1987, 1988, and 1989 not to exceed $150,000,000 to carry out the provisions of , except that not more than $30,000,000 is authorized to be appropriated for fiscal year 1987.
“(B) The aggregate amount of loans, guarantees, purchase agreements, and other actions under sections 4531, 4532, and 4533 of this title during fiscal years 1987, 1988, and 1989 may not exceed $150,000,000.”
Pub. L. 99–4411986—Subsec. (a)(4). amended par. (4) generally. Prior to amendment, par. (4) read as follows:
section 4533 of this title“(A) There are authorized to be appropriated to carry out the provisions of not to exceed $100,000,000 for fiscal years 1985 and 1986, except that not more than $25,000,000 is authorized to be appropriated for fiscal year 1985.
“(B) The aggregate amount of loans, guarantees, purchase agreements, and other actions under sections 4531, 4532, and 4533 of this title during fiscal years 1985 and 1986 may not exceed $100,000,000.”
Pub. L. 98–2651984—Subsec. (a)(1), (4). inserted “and paragraph (4)” after “paragraph (2)” in par. (1) and added par. (4).
Pub. L. 96–294, § 105(a)act Sept. 8, 1950, ch. 9321980—Subsec. (a). , designated existing provisions as par. (1), inserted exclusions of sections 305 and 306 of , reference to funds made available pursuant to this paragraph, and exception for par. (2), and added pars. (2) and (3).
Pub. L. 93–4261974— designated existing provisions as subsec. (a), inserted reference to sections 4532 and 4533 of this title, and added subsec. (b).
Statutory Notes and Related Subsidiaries
Effective Date of 1992 Amendment
Pub. L. 102–558section 304 of Pub. L. 102–558section 4502 of this titleAmendment by deemed to have become effective , see , set out as a note under .
Effective Date of 1991 Amendment
Pub. L. 102–99section 7 of Pub. L. 102–99section 4511 of this titleAmendment by effective , see , set out as a note under .
Effective Date of 1980 Amendment
Pub. L. 96–294section 107 of Pub. L. 96–294section 4502 of this titleAmendment by effective , see , set out as a note under .
Executive Documents
Delegation of Functions
section 761 of Title 15Functions of President under this chapter relating to production, conservation, use, control, distribution, and allocation of energy, delegated to Secretary of Energy, see section 4 of Ex. Ord. No. 11790, , 39 F.R. 23185, set out as a note under , Commerce and Trade.