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42 U.S.C. § 291n — Loans for certain hospital experimentation projects

Federal law — U.S. Code and appendices · legal_authorities

42 U.S.C. § 291n — Loans for certain hospital experimentation projects

**(a) Other public or private sources unavailable for alleviation of hardship due to increased construction costs** In order to alleviate hardship on any recipient of a grant under section 291n 11 See References in Text note below. of this title (as in effect immediately before August 18, 1964) for a project for the construction of an experimental or demonstration facility having as its specific purpose the application of novel means for the reduction of hospital costs with respect to which there has been a substantial increase in the cost of such construction (over the estimated cost of such project on the basis of which such grant was made) through no fault of such recipient, the Secretary is authorized to make a loan to such recipient not exceeding 66⅔ per centum of such increased costs, as determined by the Secretary, if the Secretary determines that such recipient is unable to obtain such an amount for such purpose from other public or private sources. **(b) Application; form; information** Any such loan shall be made only on the basis of an application submitted to the Secretary in such form and containing such information and assurances as he may prescribe. **(c) Interest; repayment period** Each such loan shall bear interest at the rate of 2½ per centum per annum on the unpaid balance thereof and shall be repayable over a period determined by the Secretary to be appropriate, but not exceeding fifty years. **(d) Authorization of appropriation** There are hereby authorized to be appropriated $3,500,000 to carry out the provisions of this section.

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Source file: Laws/federal/codes/united-states-code/title-42/section-291n-loans-for-certain-hospital-experimentation-projects--0202c2dfca.md
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Source location: Title 42, Chapter 6A, § 291n; chapter-6a-public-health-service.md

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**(a) Other public or private sources unavailable for alleviation of hardship due to increased construction costs** In order to alleviate hardship on any recipient of a grant under section 291n 11 See References in Text note below. of this title (as in effect immediately before August 18, 1964) for a project for the construction of an experimental or demonstration facility having as its specific purpose the application of novel means for the reduction of hospital costs with respect to which there has been a substantial increase in the cost of such construction (over the estimated cost of such project on the basis of which such grant was made) through no fault of such recipient, the Secretary is authorized to make a loan to such recipient not exceeding 66⅔ per centum of such increased costs, as determined by the Secretary, if the Secretary determines that such recipient is unable to obtain such an amount for such purpose from other public or private sources. **(b) Application; form; information** Any such loan shall be made only on the basis of an application submitted to the Secretary in such form and containing such information and assurances as he may prescribe. **(c) Interest; repayment period** Each such loan shall bear interest at the rate of 2½ per centum per annum on the unpaid balance thereof and shall be repayable over a period determined by the Secretary to be appropriate, but not exceeding fifty years. **(d) Authorization of appropriation** There are hereby authorized to be appropriated $3,500,000 to carry out the provisions of this section.

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Federal law — U.S. Code and appendices · legal_authorities

42 U.S.C. § 291n — Repealed. Pub. L. 90–174, § 3(b)(1), Dec. 5,

§ 291n. Repealed. Pub. L. 90–174, § 3(b)(1), Dec. 5, 1967, 81 Stat. 535 Section, act July 1, 1944, ch. 373, title VI, § 644, for- merly § 624, as added Aug. 18, 1964, Pub. L. 88–443, § 3(a), 78 Stat. 459, and renumbered § 644, June 30, 1970, Pub. L. 91–296, title II, § 201, 84 Stat. 344, provided for research, experiments and demonstrations in utilization of med- ical facilities, authorization, grants-in-aid, amounts, payment, conditions, authorization of appropriations, and right of recovery of United States Government. See section 242b of this title. Provisions similar to those comprising this section were contained in a prior section 291n, act July 1, 1944, ch. 373, title VI, § 636, as added Oct. 25, 1949, ch. 722, § 5, 63 Stat. 900; amended Oct. 6, 1961, Pub. L. 87–395, § 4, 75 Stat. 825, prior to the general amendment of this sub- chapter by Pub. L. 88–443. Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF REPEAL Repeal effective with respect to appropriations for fiscal year ending after June 30, 1967, see section 3(b) of Pub. L. 90–174, set out as an Effective Date of 1967 Amendment note under section 246 of this title. § 291n–1. Omitted Editorial Notes CODIFICATION Section, act July 1, 1944, ch. 373, title VI, § 637, for- merly § 654(c), as added July 12, 1954, ch. 471, § 3, 68 Stat. 463; renumbered § 637 and amended Aug. 14, 1959, Pub. L. 86–158, title II, § 201, 73 Stat. 349, related to transfers of allotments between States, prior to the general amend- ment of this subchapter by Pub. L. 88–443, Aug. 18, 1964, 78 Stat. 447. See section 291b of this title. § 291o. Definitions For the purposes of this subchapter— (a) The term ‘‘State’’ includes the Common- wealth of Puerto Rico, Guam, American Samoa, the Trust Territory of th

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