1. (a) In general There is authorized to be appropriated to the Authority to carry out this subchapter $40,000,000 for each of fiscal years 2025 through 2029, to remain available until expended.
2. (b) Administrative expenses Not more than 5 percent of the amount appropriated under subsection (a) for a fiscal year shall be used for administrative expenses of the Authority.

(Pub. L. 87–128, title III, § 382M, as added Pub. L. 106–554, § 1(a)(4) [div. B, title V, § 503], Dec. 21, 2000, 114 Stat. 2763, 2763A–280; amended Pub. L. 107–171, title VI, § 6027(g), May 13, 2002, 116 Stat. 374; Pub. L. 110–234, title VI, § 6025(a), May 22, 2008, 122 Stat. 1177; Pub. L. 110–246, § 4(a), title VI, § 6025(a), June 18, 2008, 122 Stat. 1664, 1938; Pub. L. 113–79, title VI, § 6026(a), Feb. 7, 2014, 128 Stat. 850; Pub. L. 115–334, title VI, § 6425(a), Dec. 20, 2018, 132 Stat. 4770; Pub. L. 118–272, div. B, title II, § 2253(a), Jan. 4, 2025, 138 Stat. 3213.)

Editorial Notes

Codification

Pub. L. 110–234 and Pub. L. 110–246 made identical amendments to this section. The amendments by Pub. L. 110–234 were repealed by section 4(a) of Pub. L. 110–246.

Amendments

2025—Subsec. (a). Pub. L. 118–272 substituted “$40,000,000 for each of fiscal years 2025 through 2029” for “$30,000,000 for each of fiscal years 2019 through 2023”.

2018—Subsec. (a). Pub. L. 115–334 substituted “2019 through 2023” for “2008 through 2018”.

2014—Subsec. (a). Pub. L. 113–79 substituted “2018” for “2012”.

2008—Subsec. (a). Pub. L. 110–246, § 6025(a), substituted “2008 through 2012” for “2001 through 2007”.

2002—Subsec. (a). Pub. L. 107–171 substituted “2007” for “2002”.

Statutory Notes and Related Subsidiaries

Effective Date of 2008 Amendment

Amendment of this section and repeal of Pub. L. 110–234 by Pub. L. 110–246 effective May 22, 2008, the date of enactment of Pub. L. 110–234, see section 4 of Pub. L. 110–246, set out as an Effective Date note under section 8701 of this title.