{"identifier":"/us/usc/t15/s9061","title":15,"num":"\u00a7\u202f9061.","heading":"Direct appropriation","text":"\u00a7\u202f9061.\nDirect appropriation\n(a)\nIn general\nNotwithstanding any other provision of law, there is appropriated, out of amounts in the Treasury not otherwise appropriated, to the fund established under\nsection 5302(a)(1) of title 31\n(b)\nOmitted\n(c)\nClarification\n(1)\nIn general\nOn or after\n(A) modifications, restructurings, or other amendments of loans, loan guarantees, or other investments in accordance with\nsection 9063(b)(1) of this title\n(B) exercising any options, warrants, or other investments made prior to\nJanuary 1, 2021\n(C) paying costs and administrative expenses as provided in\nsection 9042(f) of this title\n(2)\nDeficit reduction\nOn\nJanuary 1, 2026","url":"https://projectusc.org/usc/t15/s9061.html","content":[{"t":"sec","id":"/us/usc/t15/s9061","children":[{"t":"num","text":"\u00a7\u202f9061."},{"t":"heading","text":"Direct appropriation"},{"t":"subsec","id":"/us/usc/t15/s9061/a","children":[{"t":"num","text":"(a)"},{"t":"heading","text":"In general"},{"t":"content","children":[{"t":"p","text":"Notwithstanding any other provision of law, there is appropriated, out of amounts in the Treasury not otherwise appropriated, to the fund established under ","children":[{"t":"ref","text":"section 5302(a)(1) of title 31","href":"/us/usc/t31/s5302/a/1","tail":", $500,000,000,000 to carry out this part."}],"tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"subsec","id":"/us/usc/t15/s9061/b","children":[{"t":"num","text":"(b)"},{"t":"heading","text":"Omitted"},{"t":"content","tail":"\n"}],"tail":"\n"},{"t":"subsec","id":"/us/usc/t15/s9061/c","children":[{"t":"num","text":"(c)"},{"t":"heading","text":"Clarification"},{"t":"para","id":"/us/usc/t15/s9061/c/1","children":[{"t":"num","text":"(1)"},{"t":"heading","text":"In general"},{"t":"chapeau","text":"On or after ","children":[{"t":"text","text":"January 1, 2021","tail":", any remaining funds made available under "},{"t":"ref","text":"section 9042(b) of this title","href":"/us/usc/t15/s9042/b","tail":" may be used only for\u2014"}]},{"t":"subpara","id":"/us/usc/t15/s9061/c/1/A","children":[{"t":"num","text":"(A)"},{"t":"content","text":" modifications, restructurings, or other amendments of loans, loan guarantees, or other investments in accordance with ","children":[{"t":"ref","text":"section 9063(b)(1) of this title","href":"/us/usc/t15/s9063/b/1","tail":"; and"}],"tail":"\n"}],"tail":"\n"},{"t":"subpara","id":"/us/usc/t15/s9061/c/1/B","children":[{"t":"num","text":"(B)"},{"t":"content","text":" exercising any options, warrants, or other investments made prior to ","children":[{"t":"text","text":"January 1, 2021","tail":"; and"}],"tail":"\n"}],"tail":"\n"},{"t":"subpara","id":"/us/usc/t15/s9061/c/1/C","children":[{"t":"num","text":"(C)"},{"t":"content","text":" paying costs and administrative expenses as provided in ","children":[{"t":"ref","text":"section 9042(f) of this title","href":"/us/usc/t15/s9042/f","tail":"."}],"tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t15/s9061/c/2","children":[{"t":"num","text":"(2)"},{"t":"heading","text":"Deficit reduction"},{"t":"content","children":[{"t":"p","text":"On ","children":[{"t":"text","text":"January 1, 2026","tail":", 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."}],"tail":"\n"}],"tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"text","text":"\n"},{"t":"text","text":"\n"}]}]}