United States Code Title 31 — Money and Finance

§ 9104. Congressional action on budgets of wholly owned Government corporations

§ 9104.

Congressional action on budgets of wholly owned Government corporations

(a)

Congress shall—

(1)

consider budget programs for wholly owned Government corporations the President submits;

(2)

make necessary appropriations authorized by law;

(3)

make corporate financial resources available for operating and administrative expenses; and

(4)

provide for repaying capital and the payment of dividends.

(b)

This section does not—

(1)

prevent a wholly owned Government corporation from carrying out or financing its activities as authorized under another law;

(2)

affect section 26 of the Tennessee Valley Authority Act of 1933 (16 U.S.C. 831y); or

(3)

affect the authority of a wholly owned Government corporation to make a commitment without fiscal year limitation.