12 U.S.C. § 3337 : US Code - Section 3337: Startup funding

Search 12 U.S.C. § 3337 : US Code - Section 3337: Startup funding

(a) In general
For purposes of this chapter, the Secretary of the Treasury shall
pay to the Appraisal Subcommittee a one-time payment of $5,000,000
on August 9, 1989. Thereafter, expenses of the subcommittee shall
be funded through the collection of registry fees from certain
certified and licensed appraisers pursuant to section 3338 of this
title or, if required, pursuant to section 3351(b) (!1) of this
title.
(b) Additional funds
Except as provided in section 3351(b) (!1) of this title, funds
in addition to the funds provided under subsection (a) of this
section may be made available to the Appraisal Subcommittee only if
authorized and appropriated by law.
(c) Repayment of Treasury loan
Not later than September 30, 1998, the Appraisal Subcommittee
shall repay to the Secretary of the Treasury the unpaid portion of
the $5,000,000 paid to the Appraisal Subcommittee pursuant to this
section.