PUBLIC LAW 104-19-^JULY 27, 1995
109 STAT. 237
and inserting the following: "shall, except as otherwise agreed by
the Secretary and the agency,".
DEPARTMENT OF THE TREASURY
COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND
PROGRAM ACCOUNT
For grants, loans, and technical assistance to qualifying community development financial institutions, and administrative
expenses of the Fund, $50,000,000, to remain available until
September 30, 1996: Provided, That of the funds made available
under this heading not to exceed $4,000,000 may be used for the
cost of direct loans, and not to exceed $400,000 may be used
for administrative expenses to carry out the direct loan program:
Provided further. That the cost of direct loans, including the cost
of modifying such loans, shall be defined as in section 502 of
the Congressional Budget Act of 1974: Provided further. That such
funds are available to subsidize gross obligations for the principal
amount of direct loans not to exceed $31,600,000: Provided further.
That none of these funds shall be used to supplement existing
resources provided to the Department for activities such as external
affairs, general counsel, administration, finance, or office of inspector general: Provided further. That none of these funds shall be
available for expenses of an Administrator as defined in section
104 of the Community Development Banking and Financial Institutions Act of 1994 (CDBFI Act): Provided further. That the number
of staff funded under this heading shall not exceed 10 full-time
equivalents: Provided further. That notwithstanding any other 12 USC 4703
provision of law, for purposes of administering the Community ^o*©.
Development Financial Institutions Fund, the Secretary of the
Treasury shall have all powers and rights of the Administrator
of the CDBFI Act and the Fund shall be within the Department
of the Treasury.
INDEPENDENT AGENCIES
CHEMICAL SAFETY AND HAZARD INVESTIGATION BOARD
SALARIES AND EXPENSES
(RESCISSION)
Of the funds made available under this heading in Public
Law 103-327, $500,000 are rescinded.
COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS
•
COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND
PROGRAM ACCOUNT
(RESCISSION)
Of the funds made available under this heading in Public
Law 103-327, $124,000,000 are rescinded and any unobligated
funds as of June 30, 1995 are also rescinded.
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