12 USC 5626: Authorization of appropriations
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12 USC 5626: Authorization of appropriations Text contains those laws in effect on April 18, 2024
From Title 12-BANKS AND BANKINGCHAPTER 53-WALL STREET REFORM AND CONSUMER PROTECTIONSUBCHAPTER VII-IMPROVING ACCESS TO MAINSTREAM FINANCIAL INSTITUTIONS

§5626. Authorization of appropriations

(a) Authorization to the Secretary

There are authorized to be appropriated to the Secretary, such sums as are necessary to both administer and fund the programs and projects authorized by this subchapter, to remain available until expended.

(b) Authorization to the Fund

There is authorized to be appropriated to the Fund for each fiscal year beginning in fiscal year 2010, an amount equal to the amount of the administrative costs of the Fund for the operation of the grant program established under this subchapter.

( Pub. L. 111–203, title XII, §1208, July 21, 2010, 124 Stat. 2132 .)


Editorial Notes

References in Text

This subchapter, referred to in text, was in the original "this title", meaning title XII of Pub. L. 111–203, July 21, 2010, 124 Stat. 2129 , known as the Improving Access to Mainstream Financial Institutions Act of 2010, which is classified principally to this subchapter. For complete classification of title XII to the Code, see Short Title note set out under section 5301 of this title and Tables.