For the cost of the loans guaranteed under this chapter, including the cost of modifying the loans, as defined in section
661a of title
2, there are authorized to be appropriated for fiscal years 2001 through 2006, such amounts as may be necessary.
(2) Commodity Credit Corporation funds
(A) In general
Notwithstanding any other provision of law, subject to subparagraph (B), in addition to amounts made available under paragraph (1), of the funds of the Commodity Credit Corporation, the Secretary of Agriculture shall make available for loan guarantees to carry out this chapter $80,000,000 for the period beginning on May 13, 2002, and ending on December 31, 2006, to remain available until expended.
(B) Broadband loans and loan guarantees
Amounts made available under subparagraph (A) that are not obligated as of the release date described in clause (ii) shall be available to the Secretary to make loans and loan guarantees under section
950bb of title
For purposes of clause (i), the release date is the date that is the earlier of—
(I)the date the Secretary determines that at least 75 percent of the designated market areas (as defined in section
122(j) of title
17) not in the top 40 designated market areas described in section
1103(e)(1)(C)(i) of this title have access to local television broadcast signals for virtually all households (as determined by the Secretary); or
(II)December 31, 2006.
(C) Advanced appropriations
Subsections (c) and (h)(1)(B) ofsection
1103 of this title and section
1104(n)(3)(B) of this title shall not apply to amounts made available under this paragraph.
(b) Cost of administration
There is hereby authorized to be appropriated such sums as may be necessary to carry out the provisions of this chapter, other than to cover costs under subsection (a) of this section.
Any amounts appropriated pursuant to the authorizations of appropriations in subsections (a) and (b) of this section shall remain available until expended.
This chapter, referred to in subsecs. (a)(1) and (b), was in the original “this Act”, and was translated as reading “this title”. See References in Text note set out under section
1101 of this title.
2002—Subsec. (a). Pub. L. 107–171designated existing provisions as par. (1), inserted heading, and added par. (2).
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013
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