12 U.S.C. § 4124: Authorization of appropriations

12 U.S.C. 4124: Authorization of appropriationsText contains those laws in effect through Public Law 119-120 (October 7, 2026).

From Title 12-BANKS AND BANKINGCHAPTER 42-LOW-INCOME HOUSING PRESERVATION AND RESIDENT HOMEOWNERSHIP

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§4124. Authorization of appropriations

(a) In general

There are authorized to be appropriated for assistance and incentives authorized under this subchapter $638,252,784 for fiscal year 1993 and $665,059,401 for fiscal year 1994.

(b) Grants

Subject to approval in appropriation Acts, not more than $50,000,000 of the amounts made available under subsection (a) for fiscal year 1993, and not more than $50,000,000 of the amounts made available under subsection (a) for fiscal year 1994, shall be available for grants under section 4111(d)(2) of this title.

( Pub. L. 100–242, title II, § 234 , as added Pub. L. 101–625, title VI, § 601(a) , Nov. 28, 1990 , 104 Stat. 4274 ; amended Pub. L. 102–550, title III, § 301 , Oct. 28, 1992 , 106 Stat. 3762 .)

Editorial Notes

Amendments

1992⁠—Pub. L. 102–550 amended section generally. Prior to amendment, section read as follows:

“(a) General.⁠—There are authorized to be appropriated for assistance and incentives authorized under this chapter $425,000,000 for fiscal year 1991 and $858,000,000 for fiscal year 1992.

“(b) Grants.⁠—Of the amounts made available under subsection (a) of this section, not more than $100,000,000 for each of fiscal years 1991 and 1992 shall be available for grants under section 4111(d)(2) of this title, subject to approval in appropriations Acts.”