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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 31 U.S.C. § 9109 Exclusion of a wholly owned Government corporation from this chapter us united_states_code code_section 31 MONEY AND FINANCE 91 GOVERNMENT CORPORATIONS 9109 31 U.S.C. § 9109 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc31@119-100.zip /us/usc/t31/s9109 data/legal/raw/us/code/title-31/usc31.xml a09e5defb6d655f38b940a1dd2b949d513a5456098a68ec3ebe663e5d5e42760 94d3fba324cbbc12277242f872f8f47cff5250dbcdc0057fe857212764e4b704 908814ae3d0503e98e0ab4becebabedd0b9282aeb30ca981a6bedc4e9034e343 2026-07-04 official
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31 U.S.C. § 9109 - Exclusion of a wholly owned Government corporation from this chapter

Text

When the President considers it practicable and in the public interest, the President shall include in the budget submitted to Congress under section 1105 of this title a recommendation that a wholly owned Government corporation be deemed to be an agency (except a corporation) under chapter 11 of this title and for fiscal matters. If Congress approves the recommendation, the corporation is deemed to be an agency (except a corporation) under chapter 11 and for fiscal matters for fiscal years beginning after the fiscal year of approval and is not subject to this chapter. The corporate entity is not affected by this section.

(Pub. L. 97258, Sept. 13, 1982, 96 Stat. 1045.)

Notes

Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large) 910931:852.Dec. 6, 1945, ch. 577, § 107, 59 Stat. 599. The word “President” is substituted for “Director of the Office of Management and Budget” because sections 101 and 102(a) of Reorganization Plan No. 2 of 1970 (eff. July 1, 1970, 84 Stat. 2085) designated the Bureau of the Budget as the Office of Management and Budget and transferred all functions of the Bureau to the President. The words “with the approval of the President” are omitted because of the restatement. The word “considers” is substituted for “deemed” for consistency. The words “in connection with the budget program of such corporation” are omitted as surplus. The words “submitted to Congress under section 1105 of this title” are added for clarity. The words “deemed to be” are substituted for “treated . . . as if it were” for consistency. The word “agency” is substituted for “Government agency” and “establishment” because of section 101 of the revised title and for consistency. The words “if it were”, “appropriations, expenditures, receipts, accounts, and other”, and “in connection with the budget program for any fiscal year” are omitted as surplus. The words “deemed to be” are substituted for “regarded as” for consistency.