47 USC § 1427 - Initial funding for the First Responder Network Authority
(a)
Borrowing authority
Prior to the deposit of proceeds into the Public Safety Trust Fund from the incentive auctions to be carried out under section
309
(j)(8)(G) of this title or the auction of spectrum pursuant to section
1451 of this title, the NTIA may borrow from the Treasury such sums as may be necessary, but not to exceed $2,000,000,000, to implement this subchapter. The NTIA shall reimburse the Treasury, without interest, from funds deposited into the Public Safety Trust Fund.
(a)
Borrowing authority
Prior to the deposit of proceeds into the Public Safety Trust Fund from the incentive auctions to be carried out under section
309
(j)(8)(G) of this title or the auction of spectrum pursuant to section
1451 of this title, the NTIA may borrow from the Treasury such sums as may be necessary, but not to exceed $2,000,000,000, to implement this subchapter. The NTIA shall reimburse the Treasury, without interest, from funds deposited into the Public Safety Trust Fund.
Source
(Pub. L. 112–96, title VI, § 6207,Feb. 22, 2012, 126 Stat. 215.)
References in Text
Section
1451, referred to in subsec. (a), was in the original “section
6401” and means section 6401 ofPub. L. 112–96, which enacted section
1451 of this title and amended section
309 of this title.
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 Wednesday, February 6, 2013
An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.
| 47 USC | Description of Change | Session Year | Public Law | Statutes at Large |
|---|---|---|---|---|
| § 1427 | new | 2012 | 112-96 [Sec.] 6207 | 126 Stat. 215 |
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