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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 15 U.S.C. § 9061 Direct appropriation us united_states_code code_section 15 COMMERCE AND TRADE 116 CORONAVIRUS ECONOMIC STABILIZATION (CARES ACT) 9061 15 U.S.C. § 9061 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc15@119-100.zip /us/usc/t15/s9061 data/legal/raw/us/code/title-15/usc15.xml a2f6a477495836caedf010aaad28cad9782280ab680ffe9723e8cf33c9cff1be 6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059 5aa8f0356695d85449e9d371a365b0214ed301136df251167bf4288e7558f37b 2026-07-04 official
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15 U.S.C. § 9061 - Direct appropriation

Text

(a) In general Notwithstanding any other provision of law, there is appropriated, out of amounts in the Treasury not otherwise appropriated, to the fund established under section 5302(a)(1) of title 31, $500,000,000,000 to carry out this part.

(b) Omitted

(c) Clarification (1) In general On or after January 1, 2021, any remaining funds made available under section 9042(b) of this title may be used only for—

(A) modifications, restructurings, or other amendments of loans, loan guarantees, or other investments in accordance with section 9063(b)(1) of this title; and

(B) exercising any options, warrants, or other investments made prior to January 1, 2021; and

(C) paying costs and administrative expenses as provided in section 9042(f) of this title.

(2) Deficit reduction On January 1, 2026, any funds described in paragraph (1) that are remaining shall be transferred to the general fund of the Treasury to be used for deficit reduction.

(Pub. L. 116136, div. A, title IV, § 4027, Mar. 27, 2020, 134 Stat. 496.)

Notes

Editorial Notes

References in TextThis part, referred to in subsec. (a), was in the original “this subtitle”, meaning subtitle A (§§ 40014029) of title IV of div. A of Pub. L. 116136, known as the Coronavirus Economic Stabilization Act of 2020, which is classified principally to this part. For complete classification of subtitle A to the Code, see section 4001 of Pub. L. 116136, set out as a Short Title note under section 9001 of this title, and Tables.

Codification Section is comprised of section 4027 of Pub. L. 116136. Subsec. (b) of section 4027 of Pub. L. 116136 amended section 5302 of Title 31, Money and Finance.