16 USC § 825u - Interest rate on power bonds held by Administrator of General Services

---
identifier: "/us/usc/t16/s825u"
source: "usc"
legal_status: "official_prima_facie"
title: "16 USC § 825u - Interest rate on power bonds held by Administrator of General Services"
title_number: 16
title_name: "CONSERVATION"
section_number: "825u"
section_name: "Interest rate on power bonds held by Administrator of General Services"
chapter_number: 12
chapter_name: "FEDERAL REGULATION AND DEVELOPMENT OF POWER"
subchapter_number: "III"
subchapter_name: "LICENSEES AND PUBLIC UTILITIES; PROCEDURAL AND ADMINISTRATIVE PROVISIONS"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(July 31, 1946, ch. 710, § 6, 60 Stat. 744; June 30, 1949, ch. 288, title I, § 103(a), 63 Stat. 380.)"
---


# § 825u. Interest rate on power bonds held by Administrator of General Services

The Administrator of General Services or his successor in interest is authorized to reduce the rate of interest to 2½ per centum on all power bonds held by such Agency issued by States, public authorities, counties, municipalities, and other subdivisions of State governments for power projects financed by the Public Works Administration.

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**Source Credit**: (July 31, 1946, ch. 710, § 6, 60 Stat. 744; June 30, 1949, ch. 288, title I, § 103(a), 63 Stat. 380.)

## Editorial Notes

### Codification

This section was not enacted as part of the Federal Power Act which generally comprises this chapter.

## Statutory Notes and Related Subsidiaries

### Transfer of Functions

Functions of Federal Works Agency and of all agencies thereof, together with functions of Federal Works Administrator, transferred to Administrator of General Services by section 103(a) of act . Both Federal Works Agency and office of Federal Works Administrator abolished by section 103(b) of said act. See Historical and Revision Notes under , Public Buildings, Property, and Works. Transfer of functions of Federal Works Agency effective , see section 605, formerly § 505, of , ; renumbered by , (b), .  was amended generally by , , , and, as so amended, no longer relates to the Federal Works Agency and Commissioner of Public Buildings. See 2006 Amendment note under .

## Executive Documents

### Transfer of Functions

Functions of Public Works Administration transferred to Federal Works Administrator by Ex. Ord. No. 9357, , 8 F.R. 9041.