Notes on 24 U.S.C. § 419 : US Code - Notes

Search Notes on 24 U.S.C. § 419 : US Code - Notes

(Pub. L. 101-510, div. A, title XV, Sec. 1519, Nov. 5, 1990, 104
Stat. 1730; Pub. L. 107-107, div. A, title XIV, Secs. 1404(b)(2),
1410(a)(2), (b)(2), Dec. 28, 2001, 115 Stat. 1260, 1266.)
AMENDMENTS
2001 - Pub. L. 107-107, Sec. 1410(a)(2), inserted "Armed Forces"
before "Retirement Home Trust Fund" in section catchline.
Subsec. (c). Pub. L. 107-107, Sec. 1404(b)(2), substituted "Chief
Operating Officer" for "Director".
Subsec. (d). Pub. L. 107-107, Sec. 1410(b)(2), struck out heading
and text of subsec. (d). Text read as follows:
"(1) During the period beginning on November 5, 1990, and ending
on September 30, 1994, the Fund shall contain a separate account
for each establishment of the Retirement Home. During that period,
contributions shall be collected under subsection (a) of this
section for the account of the Naval Home for the purpose of
achieving a trust fund five times the estimated annual operating
budget of the Naval Home.
"(2) Beginning on November 5, 1990, funds required for the
operation of the United States Soldiers' and Airmen's Home shall be
drawn from the appropriate account. Beginning on October 1, 1991,
funds required for the operation of the Naval Home shall be drawn
from the account of the Naval Home.
"(3) During the period beginning on November 5, 1990, and ending
on September 30, 1994 -
"(A) amounts collected as monthly fees paid by residents of the
Naval Home and amounts referred to in subsections (a)(4) and
(a)(5) of this section derived from enlisted members, warrant
officers, and limited duty officers of the Navy, Marine Corps,
and Coast Guard shall be credited to the account relating to that
establishment; and
"(B) amounts collected as monthly fees paid by residents of the
United States Soldiers' and Airmen's Home and amounts referred to
in subsections (a)(4) and (a)(5) of this section derived from
members and warrant officers of the Army and Air Force shall be
credited to the account relating to that establishment."
EFFECTIVE DATE
Section effective Nov. 5, 1990, see section 1541(b) of Pub. L.
101-510, formerly set out as a note under section 401 of this
title.