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U.S. Code as of:
01/19/04
Section 1109. Authorizations of appropriations
(a) Cost of loan guarantees
(1) Authorization of appropriations
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
(i) In general
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 7.
(ii) Release date
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) of section 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.
(c) Availability
Any amounts appropriated pursuant to the authorizations of
appropriations in subsections (a) and (b) of this section shall
remain available until expended.
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