Fabio
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Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 -> 59,740; repo total 105,704 records. Deterministic (byte-identical rerun, verified on Title 42's 8,356 sections); make check green. make legal-us-code default now covers every title. Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
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| LegalText | 43 U.S.C. § 618e | Interest payments; rate | us | united_states_code | code_section | 43 | PUBLIC LANDS | 12A | BOULDER CANYON PROJECT | 618e | 43 U.S.C. § 618e | current | 119-100 | 2026-06-26 | official | https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc43@119-100.zip | /us/usc/t43/s618e | data/legal/raw/us/code/title-43/usc43.xml | c70993c02932e10560a0953a7e2be213d50e340624a893177003ffe64d75ff47 | d46a16361aa9d10bbc4b27ea0561882d240801c965a2700a4b7cf5f02f552a5f | 7fb593324d56898394c94752cb1b7b6c51ecf63a0cd440293cf74b8e1f0ef697 | 2026-07-04 | official |
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43 U.S.C. § 618e - Interest payments; rate
Text
Whenever by the terms of the Project Act [43 U.S.C. 617 et seq.] or this subchapter payment of interest is provided for, and whenever interest shall enter into any computation thereunder, such interest shall be computed at the rate of 3 per centum per annum, compounded annually: Provided, That the respective rates of interest on appropriated funds advanced for the visitor facilities program, as described in section 619(a) of this title, shall be determined by the Secretary of the Treasury, taking into consideration average market yields on outstanding marketable obligations of the United States with remaining periods to maturity comparable to the reimbursement period of the program during the month preceding the fiscal year in which the costs of the program are incurred. To the extent that more than one interest rate is determined pursuant to the preceding sentence, the Secretary of the Treasury shall establish for repayment purposes an interest rate at a weighted average of the rates so determined.
(July 19, 1940, ch. 643, § 6, 54 Stat. 777; Pub. L. 98–381, title I, § 104(a)(5), Aug. 17, 1984, 98 Stat. 1335.)
Notes
Editorial Notes
References in TextThe Project Act, referred to in text, is defined in section 618k of this title.
Amendments1984—Pub. L. 98–381 inserted proviso relating to rates of interest on appropriated funds advanced for visitors’ facilities program.