Prior Provisions
A prior section 725 of act July 1, 1944, was classified to [section 293e of this title] prior to the general revision of this subchapter by [Pub. L. 102–408].
Health Professions Education Fund; Availability of Fund; Deposit in Fund of: Interest Payments or Repayments of Principal on Loans; Transfer of Excess Moneys to General Fund of the Treasury; Authorization of Appropriations for Payments Under Agreements
[Pub. L. 94–484, title IV, § 406(b)], (c), Oct. 12, 1976, [90 Stat. 2268], provided that:“(b) The health professions education fund created within the Treasury by section 744(d)(1) of the Public Health Service Act (as in effect before the date of enactment of this Act) [former [42 U.S.C. 294d(d)(1)]] shall remain available to the Secretary of Health, Education, and Welfare [now Health and Human Services] for the purpose of meeting his responsibilities respecting participations in obligations acquired under such section. The Secretary shall continue to deposit in such fund all amounts received by him as interest payments or repayments of principal on loans under such section 744 [former [42 U.S.C. 294d]]. If at any time the Secretary determines the moneys in the fund exceed the present and any reasonable prospective future requirements of such fund, such excess may be transferred to the general fund of the Treasury.“(c) There are authorized to be appropriated without fiscal year limitation such sums as may be necessary to enable the Secretary to make payments under agreements entered into under section 744(b) [former [42 U.S.C. 294d(b)]] of the Public Health Service Act before September 30, 1977.”
