U.S. Code » Title 31 » Subtitle SUBTITLE VI— MISCELLANEOUS › Chapter CHAPTER 91— GOVERNMENT CORPORATIONS

31 U.S.C. § 9104

Congressional action on budgets of wholly owned Government corporations

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(a) Congress shall—(1) consider budget programs for wholly owned Government corporations the President submits;(2) make necessary appropriations authorized by law;(3) make corporate financial resources available for operating and administrative expenses; and(4) provide for repaying capital and the payment of dividends.(b) This section does not—(1) prevent a wholly owned Government corporation from carrying out or financing its activities as authorized under another law;(2) affect section 26 of the Tennessee Valley Authority Act of 1933 (16 U.S.C. 831y); or(3) affect the authority of a wholly owned Government corporation to make a commitment without fiscal year limitation.(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1043.)

Historical and Revision Notes

Revised Section

Source (U.S. Code)

Source (Statutes at Large)

9104(a)

31:849(1st sentence).

Dec. 6, 1945, ch. 557, § 104, 59 Stat. 598; restated July 30, 1947, ch. 358, § 307, 61 Stat. 584.

9104(b)

31:849(2d, last sentences).

In subsection (a), the words “budget programs for wholly owned Government corporations” are substituted for “Budget programs” for clarity and consistency. The words “legislation . . . be enacted”, “as may be”, “for expenditure”, “corporate funds or other”, “or limiting the use thereof”, “as the Congress may determine”, and “funds” are omitted as surplus.

In subsection (b), the word “existing” is omitted as surplus. In clause (1), the word “another” is added for clarity. In clause (3), the words “contracts or other” and “reference to” are omitted as surplus.

Notes of Decisions
Cited in 2 cases, 1983–2002 · leading case: Aaron v. United States, 51 Fed. Cl. 690 (Fed. Cl. 2002).
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Aaron v. United States, 51 Fed. Cl. 690 (Fed. Cl. 2002). “Finally, plaintiffs cite 31 U.S.C. § 9104 , entitled “Congressional action on budgets of wholly owned Government corporations,” to support their point that the statutes anticipate that UNICOR can receive appropriated funds.”
Applicability of the Antideficiency Act ApportionmentRequirements to the Nonadministrative Funds of the Fed. Sav. & Loan Ins. Corp. (OLC 1983). · cites it 2× “, 31 U.S.C. § 9104 (a)(3), it has no signifi­ cance in a statute that has abandoned any recognition of a difference between administrative and nonadministrative funds.”
— 31 U.S.C. § 9104(b) — 1 case
Applicability of the Antideficiency Act ApportionmentRequirements to the Nonadministrative Funds of the Fed. Sav. & Loan Ins. Corp. (OLC 1983). “, 31 U.S.C. § 9104 (a)(3), it has no signifi­ cance in a statute that has abandoned any recognition of a difference between administrative and nonadministrative funds.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.