new credit authority
Defined in 1 place of the United States Code.
For purposes of this Act, the term “new credit authority” means credit authority (as defined in section 622(10) of this title) not provided by law on the effective date of this section, including any increase in or addition to credit authority provided by law on such date.
Source
- 1994–present2 U.S.C. § 652The Congress · Repealed. Pub. L. 10533, title X, 10116(b), Aug. 5, 1997, 111 Stat. 692 · in this section