Source
(May 18, 1933, ch. 32, § 15d, as added Pub. L. 86–137, § 1, Aug. 6, 1959, 73 Stat. 280; amended Pub. L. 86–157, Aug. 14, 1959, 73 Stat. 338; Pub. L. 89–537, Aug. 12, 1966, 80 Stat. 346; Pub. L. 91–446, Oct. 14, 1970, 84 Stat. 915; Pub. L. 94–139, § 1, Nov. 28, 1975, 89 Stat. 750; Pub. L. 94–273, §§ 2(30),
35
(a), Apr. 21, 1976, 90 Stat. 376, 380; Pub. L. 96–97, Oct. 31, 1979, 93 Stat. 730.)
References in Text
The effective date of this Act, referred to in subsec. (a), and “the effective date of this section”, referred to in subsec. (f), probably means the effective date of
Pub. L. 86–137, which was approved Aug. 6, 1959.
Title II of the Government Corporations Appropriation Act, 1948, referred to in subsec. (e), means title II of act July 30, 1947, ch. 358,
61 Stat. 576, which was not classified to the Code.
Codification
In subsecs. (b) and (c), “subchapter
II of chapter
15 of title
31”, “chapter
31 of title
31”, and “sections
9105 and
9106 of title
31” substituted for “Revised Statutes 3679, as amended (
31 U.S.C. 665)”, “the Second Liberty Bond Act, as amended”, and “sections 105 and 106 of the Act of December 6, 1945 (
59 Stat. 599;
31 U.S.C. 850–851)”, respectively, on authority of
Pub. L. 97–258, § 4(b), Sept. 13, 1982,
96 Stat. 1067, the first section of which enacted Title 31, Money and Finance.
Amendments
1979—Subsec. (a).
Pub. L. 96–97 substituted “$30,000,000,000” for “$15,000,000,000”.
1976—Subsec. (e).
Pub. L. 94–273, § 2(30), substituted “September” for “June”.
Subsec. (f).
Pub. L. 94–273, § 35(a), inserted provision relating to computation of five-year periods as of Oct. 1, 1975.
1975—Subsec. (a).
Pub. L. 94–139, § 1(a), substituted “$15,000,000,000” for “$5,000,000,000”.
Subsec. (e).
Pub. L. 94–139, § 1(b), struck out “December 31 and” before “June 30”.
1970—Subsec. (a).
Pub. L. 91–446 substituted “$5,000,000,000” for “$1,750,000,000”.
1966—Subsec. (a).
Pub. L. 89–537 increased the limitation on the amount of revenue bonds the TVA may issue and sell from $750,000,000 to $1,750,000,000.
1959—Subsec. (a).
Pub. L. 86–157 struck out proviso relating to the transmission of the power construction program to the Congress by the President with the budget estimates, and the provision for withholding initiation of construction of new power producing projects until the construction program of the Corporation has been before Congress in session for ninety calendar days.
Transfer of Functions
Atomic Energy Commission abolished and functions transferred by sections
5814 and
5841 of Title
42, The Public Health and Welfare. See also Transfer of Functions notes set out under those sections.