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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 42 U.S.C. § 291j5 Limitation on amounts of loans guaranteed or directly made us united_states_code code_section 42 THE PUBLIC HEALTH AND WELFARE 6A PUBLIC HEALTH SERVICE 291j5 42 U.S.C. § 291j5 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc42@119-100.zip /us/usc/t42/s291j5 data/legal/raw/us/code/title-42/usc42.xml 374d742aec95501ea80d96cb7512e05dcd383c6d1b32ee523913d91940fdd489 644321055a08eb1f260a6a3e31ac157fa024756abf612a9fd6857e7e400cf24e b777346885e2eb79811fd531a6e94e91ddb48967b9bdb9e6efb3fc7559587788 2026-07-04 official
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42 U.S.C. § 291j5 - Limitation on amounts of loans guaranteed or directly made

Text

The cumulative total of the principal of the loans outstanding at any time with respect to which guarantees have been issued, or which have been directly made, under this part may not exceed the lesser of—

(1) such limitations as may be specified in appropriations Acts, or

(2) in the case of loans covered by allotments for the fiscal year ending June 30, 1971, $500,000,000; for the fiscal year ending June 30, 1972, $1,000,000,000; and for each of the fiscal years ending June 30, 1973, and June 30, 1974, $1,500,000,000.

(July 1, 1944, ch. 373, title VI, § 625, as added Pub. L. 91296, title II, § 201, June 30, 1970, 84 Stat. 347; amended Pub. L. 9345, title I, § 108(b)(2), June 18, 1973, 87 Stat. 93.)

Notes

Editorial Notes

Amendments1973—Pub. L. 9345 provided for a limitation of $1,500,000,000 on amount of loans outstanding in the case of loans covered by allotments for fiscal year ending June 30, 1974.