Pub. L. 84-540, tit. I, subtit. C, sec. 120

financing

EnactedYear: 1956Length: 245 wordsOfficial source
financing Sec. 120. (a) The Secretary is authorized to utilize the facilities, services, authorities, and funds of the Commodity Credit Corporation in discharging his functions and responsibilities under this title, including payment of costs of administration for the programs authorized under this title: Provided, That the Secretary shall, prior to February 1, 1957, or such earlier date as may be practicable, submit to the Congress a full program of all operations under this title which will require the making of expenditures during the fiscal year ending June 30, 1958; and, after June 30, 1957, the Commodity Credit Corporation shall not make any expenditures for carrying out the purposes of this title unless the Corporation has received funds to cover such expenditures from appropriations made to carry out the purposes of this title. There are hereby authorized to be appropriated such sums as may be necessary to carry out the purposes or this title, including such amounts as may be required to make payments to the Corporation for its actual costs incurred or to be incurred under this section. (b) All funds available for carrying out the purposes of this title shall be available for transfer to such agencies of the Federal or State governments as the Secretary may request to cooperate or assist in carrying out this title; and for technical assistance in formulating and carrying out the programs authorized by this title. The Secretary may mate such payments in advance of determination of performance.
Pub. L. 84-540, tit. I, subtit. C, sec. 120: financing | Justis AI