16 U.S.C. · Conservation
16 U.S.C. § 825u

Interest rate on power bonds held by Administrator of General Services

Ch. 12 — FEDERAL REGULATION AND DEVELOPMENT OF POWER
Title 16 U.S.C. ● ACTIVE Primary Source Ch. 12
Statutory Text

16 U.S.C. § 825u — Interest rate on power bonds held by Administrator of General Services

U.S.C. Title 16 - CONSERVATION 16 U.S.C. United States Code, 2023 Edition Title 16 - CONSERVATION CHAPTER 12 - FEDERAL REGULATION AND DEVELOPMENT OF POWER SUBCHAPTER III - LICENSEES AND PUBLIC UTILITIES; PROCEDURAL AND ADMINISTRATIVE PROVISIONS Sec. 825u - Interest rate on power bonds held by Administrator of General Services From the U.S. Government Publishing Office, www.gpo.gov

§825u. Interest rate on power bonds held by Administrator of General Services

The Administrator of General Services or his successor in interest is authorized to reduce the rate of interest to 2½ per centum on all power bonds held by such Agency issued by States, public authorities, counties, municipalities, and other subdivisions of State governments for power projects financed by the Public Works Administration.

(July 31, 1946, ch. 710, §6, 60 Stat. 744; June 30, 1949, ch. 288, title I, §103(a), 63 Stat. 380.)

Editorial Notes

Codification This section was not enacted as part of the Federal Power Act which generally comprises this chapter.

Statutory Notes and Related Subsidiaries

Transfer of Functions Functions of Federal Works Agency and of all agencies thereof, together with functions of Federal Works Administrator, transferred to Administrator of General Services by section 103(a) of act June 30, 1949. Both Federal Works Agency and office of Federal Works Administrator abolished by section 103(b) of said act. See Historical and Revision Notes under section 303(b) of Title 40, Public Buildings, Property, and Works. Transfer of functions of Federal Works Agency effective July 1, 1949, see section 605, formerly §505, of act June 30, 1949, ch. 288, 63 Stat. 403; renumbered by act Sept. 5, 1950, ch. 849, §6(a), (b), 64 Stat. 583. Section 303(b) of Title 40 was amended generally by Pub. L. 109–313, §2(a)(1), Oct. 6, 2006, 120 Stat. 1734, and, as so amended, no longer relates to the Federal Works Agency and Commissioner of Public Buildings. See 2006 Amendment note under section 303 of Title 40.

Executive Documents

Transfer of Functions Functions of Public Works Administration transferred to Federal Works Administrator by Ex. Ord. No. 9357, June 30, 1943, 8 F.R. 9041.

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