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12 U.S.C. § 2408

Authorization of appropriations

United States · Title 12 — BANKS AND BANKING · Status: effective

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12 U.S.C. § 2408, Authorization of appropriations, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/438387
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Full text

There are authorized to be appropriated without fiscal year limitations such sums, not to exceed $2,000,000, as may be necessary to carry out the provisions of this chapter.

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.

  • Enacted byPub. L. 93-495(H.R. 11221)1974-10-28
    An Act to increase deposit insurance from $20,000 to $40,000, to provide full insurance for public unit deposits of $100,000 per account, to establish a National Commission on Electronic Fund Transfers, and for other purposes.
    House: no recorded tallySenate: no recorded tally