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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 16 U.S.C. § 825u Interest rate on power bonds held by Administrator of General Services us united_states_code code_section 16 CONSERVATION 12 FEDERAL REGULATION AND DEVELOPMENT OF POWER 825u 16 U.S.C. § 825u current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc16@119-100.zip /us/usc/t16/s825u data/legal/raw/us/code/title-16/usc16.xml e6e599352577667d9bf7e4bbb236d4bd9b1098395ae746e810eba1d695e12994 7be8950da5a93cac7c98e4576ce00340f2aba5e8e46d29915382c203c421d503 b16d31bac46341d6755d4b66c1ad40be269c881e2f128458461be61f28fb8dc8 2026-07-04 official
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16 U.S.C. § 825u - Interest rate on power bonds held by Administrator of General Services

Text

The Administrator of General Services or his successor in interest is authorized to reduce the rate of interest to 2½ per centum on all power bonds held by such Agency issued by States, public authorities, counties, municipalities, and other subdivisions of State governments for power projects financed by the Public Works Administration.

(July 31, 1946, ch. 710, § 6, 60 Stat. 744; June 30, 1949, ch. 288, title I, § 103(a), 63 Stat. 380.)

Notes

Editorial Notes

Codification This section was not enacted as part of the Federal Power Act which generally comprises this chapter.

Statutory Notes and Related Subsidiaries

Transfer of Functions Functions of Federal Works Agency and of all agencies thereof, together with functions of Federal Works Administrator, transferred to Administrator of General Services by section 103(a) of act June 30, 1949. Both Federal Works Agency and office of Federal Works Administrator abolished by section 103(b) of said act. See Historical and Revision Notes under section 303(b) of Title 40, Public Buildings, Property, and Works. Transfer of functions of Federal Works Agency effective July 1, 1949, see section 605, formerly § 505, of act June 30, 1949, ch. 288, 63 Stat. 403; renumbered by act Sept. 5, 1950, ch. 849, § 6(a), (b), 64 Stat. 583. Section 303(b) of Title 40 was amended generally by Pub. L. 109313, § 2(a)(1), Oct. 6, 2006, 120 Stat. 1734, and, as so amended, no longer relates to the Federal Works Agency and Commissioner of Public Buildings. See 2006 Amendment note under section 303 of Title 40.

Executive Documents

Transfer of Functions Functions of Public Works Administration transferred to Federal Works Administrator by Ex. Ord. No. 9357, June 30, 1943, 8 F.R. 9041.