Description: TO PASS H. J. RES. 467, MAKING AN URGENT APPROPRIATION FOR ADMINISTRATION EXPENSES OF THE CHRYSLER CORPORATION GUARANTEE PROGRAM AND PROVIDING FINANCIAL ASSISTANCE FOR FISCAL 1980. (MOTION PASSED)
Bill summary: (Reported to House from the Committee on Appropriations with amendment, H. Rept. 96-719)
Appropriates $1,518,000 to the Bureau of Governmental Financial Operations in the Department of the Treasury for administrative expenses in fiscal year 1980 authorized by the Chrysler Corporation Loan Guarantee Act of 1979. Permits loan commitments and loan guarantees to be extended during fiscal year 1980 in the amount of $1,500,000,000 in contingent liability for loan principal and for such additional
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sums as may be necessary for interest payments. Makes a commitment to appropriate funds which may become necessary to carry out such loan guarantees.
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Bill titles: A joint resolution making an urgent appropriation for administrative expenses of the Chrysler Corporation loan guarantee program, and to provide financial assistance to the Chrysler Corporation for the fiscal year ending September 30, 1980.
Original source documents: Digest of the Congressional Record vol. 184, p. 12379;
Links for more info on the vote: congress.gov