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the point of order is sustained by the Chair, any part of said title or provision that contains material extraneous to the instructions to said Committee as defined in subsection (b) of this section shall be deemed stricken from the bill and may not be offered as an amendment from the floor. (b) Extraneous provisions

(1)(A) Except as provided in paragraph (2), a provision of a reconciliation bill or reconciliation resolution considered pursuant to section 641 of this title shall be considered extraneous if such provision does not produce a change in outlays or revenues, including changes in outlays and revenues brought about by changes in the terms and conditions under which outlays are made or revenues are required to be collected (but a provision in which outlay decreases or revenue increases exactly offset outlay increases or revenue decreases shall not be considered extraneous by virtue of this subparagraph); (B) any provision producing an increase in outlays or decrease in revenues shall be considered extraneous if the net effect of provisions reported by the committee reporting the title containing the provision is that the committee fails to achieve its reconciliation instructions; (C) a provision that is not in the jurisdiction of the committee with jurisdiction over said title or provision shall be considered extraneous; (D) a provision shall be considered extraneous if it produces changes in outlays or revenues which are merely incidental to the nonbudgetary components of the provision; (E) a provision shall be considered to be extraneous if it increases, or would increase, net outlays, or if it decreases, or would decrease, revenues during a fiscal year after the fiscal years covered by such reconciliation bill or reconciliation resolution, and such increases or decreases are greater than outlay reductions or revenue increases resulting from other provisions in such title in such year; and (F) a provision shall be considered extraneous if it violates section 641(g) of this title.

(2) A Senate-originated provision shall not be considered extraneous under paragraph (1)(A) if the Chairman and Ranking Minority Member of the Committee on the Budget and the Chairman and Ranking Minority Member of the Committee which reported the provision certify that: (A) the provision mitigates direct effects clearly attributable to

a provision changing outlays or revenues and both provisions together produce a net reduction in the deficit; (B) the provision will result in a substantial reduction in outlays or a substantial increase in revenues during fiscal years after the fiscal years covered by the reconciliation bill or reconciliation resolution; (C) a reduction of outlays or an increase in revenues is likely to occur as a result of the provision, in the event of new regulations authorized by the provision or likely to be proposed, court rulings on pending litigation, or relationships between economic indices and stipulated statutory triggers pertaining to the provision, other than the regulations, court rulings or relationships currently projected by the Congressional Budget Office for scorekeeping purposes; or (D) such provi

sion will be likely to produce a significant reduction in outlays or increase in revenues but, due to insufficient data, such reduction or increase cannot be reliably estimated.

(3) A provision reported by a committee shall not be considered extraneous under paragraph (1)(C) if (A) the provision is an integral part of a provision or title, which if introduced as a bill or resolution would be referred to such committee, and the provision sets forth the procedure to carry out or implement the substantive provisions that were reported and which fall within the jurisdiction of such committee; or (B) the provision states an exception to, or a special application of, the general provision or title of which it is a part and such general provision or title if introduced as a bill or resolution would be referred to such committee. (c) 1 Point of order

When the Senate is considering a conference report on, or an amendment between the Houses in relation to, a reconciliation bill or reconciliation resolution pursuant to section 641 of this title, upon

(1) a point of order being made by any Sen. ator against extraneous material meeting the definition of subsections (b)(1)(A), (b)(1)(B), (b)(1)(D), (b)(1)(E), or (b)(1)(F) of this section, and

(2) such point of order being sustained, such material contained in such conference report or amendment shall be deemed stricken, and the Senate shall proceed, without intervening action or motion, to consider the question of whether the Senate shall recede from its amendment and concur with a further amendment, or concur in the House amendment with a further amendment, as the case may be, which further amendment shall consist of only that portion of the conference report or House amendment, as the case may be, not so stricken. Any such motion in the Senate shall be debatable for two hours. In any case in which such point of order is sustained against a conference report (or Senate amendment derived from such conference report by operation of this subsection), no further amendment shall be in order.

(c) ' Extraneous materials

Upon the reporting or discharge of a reconciliation bill or resolution pursuant to section 641 of this title in the Senate, and again upon the submission of a conference report on such a reconciliation bill or resolution, the Committee on the Budget of the Senate shall submit for the record a list of material considered to be extraneous under subsections (b)(1)(A), (b)(1)(B), and (b)(1)(E) of this section to the instructions of a committee as provided in this section. The inclusion or exclusion of a provision shall not constitute a determination of extraneousness by the Presiding Officer of the Senate. (d) General point of order

Notwithstanding any other law or rule of the Senate, it shall be in order for a Senator to

1 So in original. Two subsecs. (c) have been enacted.

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raise a single point of order that several provisions of a bill, resolution, amendment, motion, or conference report violate this section. The Presiding Officer may sustain the point of order as to some or all of the provisions against which the Senator raised the point of order. If the Presiding Officer so sustains the point of order as to some of the provisions (including provisions of an amendment, motion, or conference report) against which the Senator raised the point of order, then only those provisions (including provisions of an amendment, motion, or conference report) against which the Presiding Officer sustains the point of order shall be deemed stricken pursuant to this section. Before the Presiding Officer rules on such a point of order, any Senator may move to waive such a point of order as it applies to some or all of the provisions against which the point of order was raised. Such a motion to waive is amendable in accordance with the rules and precedents of the Senate. After the Presiding Officer rules on such a point of order, any Senator may appeal the ruling of the Presiding Of. ficer on such a point of order as it applies to some or all of the provisions on which the Presiding Officer ruled. (e) Determination of levels

For purposes of this section, the levels of new budget authority, budget outlays, new entitlement authority, and revenues for a fiscal year shall be determined on the basis of estimates made by the Committee on the Budget of the Senate. (Pub. L. 93-344, title III, § 313, formerly Pub. L. 99-272, title XX, $ 20001, Apr. 7, 1986, 100 Stat. 390, as amended Pub. L. 99-509, title VII, $ 7006, Oct. 21, 1986, 100 Stat. 1949; Pub. L. 100-119, title II, $ 205(a), (b), Sept. 29, 1987, 101 Stat. 784; renumbered 8 313 of Pub. L. 93-344 and amended Pub. L. 101-508, title XIII, $ 13214(a)-(b)(4), Nov. 5, 1990, 104 Stat. 1388-621, 1388-622.)

CODIFICATION Prior to redesignation by Pub. L. 101-508, this section was section 20001 of Pub. L. 99-272, which was not classified to the Code, and subsec. (c) of this section (relating to point of order) was subsec. (a) of the first section of Senate Resolution No. 286, Ninetyninth Congress, Dec. 19, 1985.

AMENDMENTS 1990–Pub. L. 101-508, § 13214(b)(2)(A), inserted "Extraneous matter in reconciliation legislation" as section catchline.

Pub. L. 101-508, $ 13214(b)(1), redesignated section 20001 of Pub. L. 99-272 as this section.

Subsec. (a). Pub. L. 101-508, § 13214(a)(1)(A), inserted heading “In general".

Pub. L. 101-508, § 13214(b)(4)(B), substituted “subsection (b) of this section" for "subsection (d) of this section".

Pub. L. 101-508, § 13214(b)(4)(A), made technical amendment to reference to section 641 of this title to reflect change in reference to corresponding section of original act.

Pub. L. 101-508, § 13214(b)(2)(B), struck out at end "An affirmative vote of three-fifths of the Members, duly chosen and sworn, shall be required to sustain an appeal of the ruling of the Chair on a point of order raised under this section, as well as to waive or suspend the provisions of this subsection."

Pub. L. 101-508, § 13214(a)(1)(B), inserted "(whether that bill or resolution originated in the Senate or the House) or section 907d of this title" after "section 641 of this title”.

Subsec. (b). Pub. L. 101-508, $ 13214(b)(2XB), (C), redesignated subsec. (d) as (b) and struck out former subsec. (b) which provided that no motion to waive or suspend the requirement of section 636(b)(2) of this title, as it related to germaneness with respect to a reconciliation bill or resolution, could be agreed to unless supported by an affirmative vote of three-fifths of the Members, duly chosen and sworn, which super-majority was to be required to successfully appeal the ruling of the Chair on a point of order raised under that section, as well as to waive or suspend the provisions of this subsection.

Pub. L. 101-508, § 13214(a)2), inserted heading “Extraneous provisions".

Subsec. (b)(1)(A). Pub. L. 101-508, $ 13214(b)(4)(A), made technical amendment to reference to section 641 of this title to reflect change in reference to corresponding section of original act.

Pub. L. 101-508, § 13214(a)(3), inserted before semicolon"(but a provision in which outlay decreases or revenue increases exactly offset outlay increases or revenue decreases shall not be considered extraneous by virtue of this subparagraph)".

Subsec. (b)(1)(F). Pub. L. 101-508, § 13214(aX4)-(6), added subpar. (F).

Subsec. (b)(2). Pub. L. 101-508, § 13214(aX7), substituted “A Senate-originated provision” for “A provision".

Subsec. (b)(2)(C). Pub. L. 101-508, § 13214(b)(4)(C), inserted “or" after “scorekeeping purposes;”.

Subsec. (c). Pub. L. 101-508, § 13214(b)(4)F), which directed the substitution of “this subsection" for "this resolution" in par. (2), was executed to last sentence of subsec. (c) as the probable intent of Congress.

Pub. L. 101-508, $ 13214(b)(4)(E), substituted "(b)(1)(A), (b)(1)(B), (b)(1)(D), (b)(1)(E), or (b)(1)(F) of this section" for "(d)(1)(A) or (d)(1)(D) of section 20001 of the Consolidated Omnibus Budget Reconciliation Act of 1985".

Pub. L. 101-508, $ 13214(b)(4)(D), substituted “When" for “when”.

Pub. L. 101-508, § 13214(b)(4)(A), made technical amendment to reference to section 641 of this title to reflect change in reference to corresponding section of original act.

Pub. L. 101-508, $ 13214(b)(3), redesignated as subsec. (c), relating to point of order, subsec. (a) of the first section of Senate Resolution No. 286, Ninetyninth Congress, Dec. 19, 1985, as amended by Senate Resolution No. 509, Ninety-ninth Congress, Oct. 16, 1986.

Pub. L. 101-508, § 13214(b)(2XC), redesignated subsec. (e), relating to extraneous materials, as (c).

Pub. L. 101-508, § 13214(b)(2)(B), struck out subsec. (c) which provided for effective and termination dates of this section.

Subsec. (d). Pub. L. 101-508, § 13214(b)(2)(C), redesignated subsec. (f) as (d). Former subsec. (d) redesig. nated (b).

Subsecs. (e) to (g). Pub. L. 101-508, $ 13214(a)(8), (b)(2)(C), added subsecs. (e) to (g) and redesignated them as subsecs. (c) to (e), respectively.

1987–Subsec. (c). Pub. L. 100-119, 8 205(a), substituted "September 30, 1992” for “January 2, 1988".

Subsec. (d)(1)(E). Pub. L. 100-119, $ 205(b), which directed that cl. (E) be added to subsec. (d)(1/A), was executed to subsec. (dX1), as the probable intent of Congress.

1986–Subsec. (c). Pub. L. 99-509, $ 7006(b), substituted “January 2, 1988” for “January 2, 1987".

Pub. L. 99-509, $ 7006(c), substituted "section 20001" for "section 1201” in Senate Resolution No. 286, Ninety-ninth Congress, Dec. 19, 1985. See 1990 Amendment note above.

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1962d-19, 10309, 11713; title 43 section 390g-7; title 45 section 829; title 50 App. section 1989b-9.

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Subsec. (d)(2). Pub. L. 99-509, $ 7006(a)(1), substituted "paragraph (1)(A) if the Chairman and Ranking Minority Member of the Committee on the Budget and the Chairman and Ranking Minority Member of the Committee which reported the provision certify that” for “(1)(A) above if" in introductory provisions.

Subsec. (d)(2)(A). Pub. L. 99-509, $ 7006(a)(2), substituted "the provision mitigates" for “it is designed to mitigate the".

Subsec. (d)(2)(B). Pub. L. 99-509, $ 7006(a)(3), substituted “the provision" for "it".

Subsec. (d)(3). Pub. L. 99-509, $7006(a)(4), added par. (3).

of this to a no unless s of the majori ruling 781 ser ons of

8 652. Legislation providing new credit authority (a) Controls on legislation providing new credit au

thority It shall not be in order in either the House of Representatives or the Senate to consider any bill, joint resolution, amendment, motion, or conference report, as reported to its House, which provides new credit authority described in subsection (b)(1) of this section, unless that bill, resolution, conference report, or amendment also provides that such new credit authority is to be effective for any fiscal year only to such extent or in such amounts as are provided in appropriation Acts.

SUBCHAPTER II—FISCAL PROCEDURES

SUBCHAPTER REFERRED TO IN OTHER SECTIONS This subchapter is referred to in sections 632, 907b, 907c, 908 of this title.

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[See main edition for text of (6)] (As amended Pub. L. 101-508, title XIII, $ 13207(a)(1)(H), Nov. 5, 1990, 104 Stat. 1388-618.)

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AMENDMENTS 1990–Subsec. (a). Pub. L. 101-508 substituted "bill, joint resolution, amendment, motion, or conference report" for "bill, resolution, or conference report” and struck out “or any amendment" after “as reported to its House,".

SUBCHAPTER III-CREDIT REFORM

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SUBCHAPTER REFERRED TO IN OTHER SECTIONS This subchapter is referred to in title 12 sections 635, 6351-6; title 22 sections 2186, 2197; title 42 section 292i.

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8 651. Bills providing new spending authority (a) Controls on legislation providing spending au

thority It shall not be in order in either the House of Representatives or the Senate to consider any bill, joint resolution, amendment, motion, or conference report, as reported to its House which provides new spending authority described in subsection (c)(2)(A) or (B) of this section, unless that bill, resolution, conference report, or amendment also provides that such new spending authority as described in subsection (c)(2)(A) or (B) of this section is to be effective for any fiscal year only to such extent or in such amounts as are provided in appropriation Acts. (b) Legislation providing entitlement authority

(1) It shall not be in order in either the House of Representatives or the Senate to consider any bill, joint resolution, amendment, motion, or conference report, as reported to its House, which provides new spending authority described in subsection (c)(2)(C) of this section which is to become effective before the first day of the fiscal year which begins during the calendar year in which such bill or resolution is reported. [See main edition for text of (2) and (3); (c) and

(d)) (As amended Pub. L. 101-508, title XIII, $ 13207(a)(1)(F), (G), Nov. 5, 1990, 104 Stat. 1388-617, 1388-618.)

AMENDMENTS 1990_Subsec. (a). Pub. L. 101-508, § 13207(a)(1)(F), substituted "bill, joint resolution, amendment, motion, or conference report" for "bill, resolution, or conference report” and struck out “(or any amendment which provides such new spending authority)" after "subsection (c)(2)(A) or (B) of this section".

Subsec. (b)(1). Pub. L. 101-508, $ 13207(a)(1XG), substituted "bill, joint resolution, amendment, motion, or conference report, as reported to its House" for "bill or resolution" and struck out “(or any amendment which provides such new spending authority)” after "subsection (c)(2XC) of this section".

SECTION REFERRED TO IN OTHER SECTIONS This section is referred to in sections 622, 633, 634, 639, 654, 907c, 908 of this title; title 7 section 6617; title 15 section 4110; title 16 section 543h; title 22 section 3671; title 25 sections 1300h-8, 1771d; title 42 sections

8 661. Purposes
The purposes of this subchapter are to-

(1) measure more accurately the costs of Federal credit programs;

(2) place the cost of credit programs on a budgetary basis equivalent to other Federal spending;

(3) encourage the delivery of benefits in the form most appropriate to the needs of beneficiaries; and

(4) improve the allocation of resources among credit programs and between credit

and other spending programs. (Pub. L. 93-344, title V, $ 501, as added Pub. L. 101-508, title XIII, § 13201(a), Nov. 5, 1990, 104 Stat. 1388-610.)

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PRIOR PROVISIONS A prior section 661, Pub. L. 93-344, title VI, $ 606, July 12, 1974, 88 Stat. 325, directed that Budget Committees of House and Senate study, on a continuing basis, any provisions of law which exempt agencies or programs from inclusion in the budget and make recommendations from time to time with regard to terminating or modifying such provisions, prior to repeal by Pub. L. 99-177, title II, $ $ 223, 275(a)(1), Dec. 12, 1985, 99 Stat. 1060, 1100, effective Dec. 12, 1985, and applica. ble with respect to fiscal years beginning after Sept. 30, 1985.

A prior section 501 of Pub. L. 93-344, title V, July 12, 1974, 88 Stat. 321, was classified to section 1020 of former Title 31, prior to repeal and reenactment as section 1102 of Title 31, Money and Finance, by Pub. L. 97-258, $ 5(b), Sept. 13, 1982, 96 Stat. 1068, the first section of which enacted Title 31.

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8 661a. Definitions

guarantee for which the estimate is being

made. For purposes of this subchapter(1) The term “direct loan" means a dis

(6) The term "credit program account" bursement of funds by the Government to a

means the budget account into which an apnon-Federal borrower under a contract that

propriation to cover the cost of a direct loan requires the repayment of such funds with or

or loan guarantee program is made and from without interest. The term includes the pur

which such cost is disbursed to the financing

account. chase of, or participation in, a loan made by another lender. The term does not include

(7) The term "financing account” means the acquisition of a federally guaranteed loan

the non-budget account or accounts associatin satisfaction of default claims or the price

ed with each credit program account which support loans of the Commodity Credit Cor

holds balances, receives the cost payment poration.

from the credit program account, and also in(2) The term "direct loan obligation" means

cludes all other cash flows to and from the a binding agreement by a Federal agency to

Government resulting from direct loan oblimake a direct loan when specified conditions

gations or loan guarantee commitments made are fulfilled by the borrower.

on or after October 1, 1991. (3) The term “loan guarantee” means any

(8) The term “liquidating account” means guarantee, insurance, or other pledge with re

the budget account that includes all cash spect to the payment of all or a part of the

flows to and from the Government resulting principal or interest on any debt obligation of

from direct loan obligations or loan guarantee a non-Federal borrower to a non-Federal commitments made prior to October 1, 1991. lender, but does not include the insurance of

These accounts shall be shown in the budget deposits, shares, or other withdrawable ac

on a cash basis. counts in financial institutions.

(9) The term “Director" means the Director (4) The term "loan guarantee commitment"

of the Office of Management and Budget. means a binding agreement by a Federal agency to make a loan guarantee when speci

(Pub. L. 93-344, title V, $ 502, as added Pub. L. fied conditions are fulfilled by the borrower,

101-508, title XIII, § 13201(a), Nov. 5, 1990, 104 the lender, or any other party to the guaran

Stat. 1388-610.) tee agreement.

PRIOR PROVISIONS (5)(A) The term “cost” means the estimated long-term cost to the Government of a direct A prior section 502 of Pub. L. 93-344, title V, July 12, loan or loan guarantee, calculated on a net

1974, 88 Stat. 321, was set out as a note under section

1020 of former Title 31, prior to repeal by Pub. L. present value basis, excluding administrative

97-258, $ 5(b), Sept. 13, 1982, 96 Stat. 1068. costs and any incidental effects on governmental receipts or outlays.

SECTION REFERRED TO IN OTHER SECTIONS (B) The cost of a direct loan shall be the

This section is referred to in title 12 sections net present value, at the time when the direct

17152-13a, 1721; title 46 App. section 1279e. loan is disbursed, of the following cash flows: (i) loan disbursements;

8 661b. OMB and CBO analysis, coordination, and (ii) repayments of principal; and

review (iii) payments of interest and other pay. ments by or to the Government over the (a) In general life of the loan after adjusting for estimated

For the executive branch, the Director shall defaults, prepayments, fees, penalties and

be responsible for coordinating the estimates other recoveries.

required by this subchapter. The Director shall (C) The cost of a loan guarantee shall be consult with the agencies that administer direct the net present value when a guaranteed loan loan or loan guarantee programs. is disbursed of the cash flow from

(b) Delegation (i) estimated payments by the Government to cover defaults and delinquencies, The Director may delegate to agencies auinterest subsidies, or other payments, and thority to make estimates of costs. The delega

(ii) the estimated payments to the Gov- tion of authority shall be based upon written ernment including origination and other guidelines, regulations, or criteria consistent fees, penalties and recoveries.

with the definitions in this subchapter. (D) Any Government action that alters the (c) Coordination with Congressional Budget Office estimated net present value of an outstanding

In developing estimation guidelines, reguladirect loan or loan guarantee (except modifi- tions, or criteria to be used by Federal agencies, cations within the terms of existing contracts

the Director shall consult with the Director of or through other existing authorities) shall

the Congressional Budget Office. be counted as a change in the cost of that direct loan or loan guarantee. The calculation

(d) Improving cost estimates of such changes shall be based on the esti- The Director and the Director of the Conmated present value of the direct loan or loan gressional Budget Office shall coordinate the guarantee at the time of modification.

development of more accurate data on histori(E) In estimating net present values, the cal performance of direct loan and loan guarandiscount rate shall be the average interest tee programs. They shall annually review the rate on marketable Treasury securities of performance of outstanding direct loans and similar maturity to the direct loan or loan loan guarantees to improve estimates of costs.

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The Office of Management and Budget and the Congressional Budget Office shall have access to all agency data that may facilitate the development and improvement of estimates of costs. (e) Historical credit program costs

The Director shall review, to the extent possible, historical data and develop the best possible estimates of adjustments that would convert aggregate historical budget data to credit reform accounting. (f) Administrative costs

The Director and the Director of the Congressional Budget Office shall each analyze and report to Congress on differences in long-term administrative costs for credit programs versus grant programs by January 31, 1992. Their reports shall recommend to Congress any changes, if necessary, in the treatment of administrative costs under credit reform accounting. (Pub. L. 93-344, title V, $ 503, as added Pub. L. 101-508, title XIII, § 13201(a), Nov. 5, 1990, 104 Stat. 1388-611.)

PRIOR PROVISIONS A prior section 503 of Pub. L. 93-344, title V, July 12, 1974, 88 Stat. 321, was classified to section 701 of former Title 31, prior to repeal and reenactment in section 1552(a) of Title 31, Money and Finance, by Pub. L. 97-258, $ 5(b), Sept. 13, 1982, 96 Stat. 1068, the first section of which enacted Title 31.

ments, or directly or indirectly alter t of outstanding direct loans and loan gui shall constitute new budget authorit amount equal to the cost of the direct loan guarantee in the fiscal year in wh nite authority becomes available or in authority is used. Such budget authori constitute an obligation of the credit account to pay to the financing account.

(2) The outlays resulting from new bu thority for the cost of direct loans or lo: antees described in paragraph (1) shall from the credit program account into nancing account and recorded in the fis in which the direct loan or the guarante is disbursed or its costs altered.

(3) All collections and payments of nancing accounts shall be a means of fir

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(e) Modifications

A direct loan obligation or loan gu commitment shall not be modified in a that increases its cost unless budget au for the additional cost is appropriatec available out of existing appropriations other budgetary resources. (f) Reestimates

When the estimated cost for a group o loans or loan guarantees for a given cret gram made in a single fiscal year is reest in a subsequent year, the difference b the reestimated cost and the previous cc mate shall be displayed as a distinct an rately identified subaccount in the crec gram account as a change in program co. a change in net interest. There is here vided permanent indefinite authority for reestimates.

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(g) Administrative expenses

All funding for an agency's administra a direct loan or loan guarantee progran be displayed as distinct and separately fied subaccounts within the same bude count as the program's cost. (Pub. L. 93-344, title V, $ 504, as added E 101-508, title XIII, § 13201(a), Nov. 5, 199 Stat. 1388-612.)

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8 661c. Budgetary treatment (a) President's budget

Beginning with fiscal year 1992, the President's budget shall reflect the costs of direct loan and loan guarantee programs. The budget shall also include the planned level of new direct loan obligations or loan guarantee commitments associated with each appropriations request. (b) Appropriations required

Notwithstanding any other provision of law, new direct loan obligations may be incurred and new loan guarantee commitments may be made for fiscal year 1992 and thereafter only to the extent that

(1) appropriations of budget authority to cover their costs are made in advance;

(2) a limitation on the use of funds otherwise available for the cost of a direct loan or loan guarantee program is enacted; or

(3) authority is otherwise provided in appropriation Acts. (c) Exemption for mandatory programs

Subsection (b) of this section shall not apply to a direct loan or loan guarantee program that

(1) constitutes an entitlement (such as the guaranteed student loan program or the veterans' home loan guaranty program); or

(2) all existing credit programs of the Commodity Credit Corporation on November 5,

1990. (d) Budget accounting

(1) The authority to incur new direct loan obligations, make new loan guarantee commit

lega

itten

PRIOR PROVISIONS A prior section 504 of Pub. L. 93-344, title V, 1974, 88 Stat. 322, was classified to section 10 former Title 31, prior to repeal by Pub. L. $ 5(b), Sept. 13, 1982, 96 Stat. 1068.

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SECTION REFERRED TO IN OTHER SECTIONS This section is referred to in title 22 section 2197; title 42 section 4822.

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8 661d. Authorizations

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(a) Authorization of appropriations for costs

There are authorized to be appropria each Federal agency authorized to make loan obligations or loan guarantee co ments, such sums as may be necessary t the cost associated with such direct loan o tions or loan guarantee commitments.

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