43 USC § 618e - Interest payments; rate

---
identifier: "/us/usc/t43/s618e"
source: "usc"
legal_status: "official_prima_facie"
title: "43 USC § 618e - Interest payments; rate"
title_number: 43
title_name: "PUBLIC LANDS"
section_number: "618e"
section_name: "Interest payments; rate"
chapter_number: 12
chapter_name: "BOULDER CANYON PROJECT"
subchapter_number: "II"
subchapter_name: "BOULDER CANYON PROJECT ADJUSTMENT ACT"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(July 19, 1940, ch. 643, § 6, 54 Stat. 777; Pub. L. 98–381, title I, § 104(a)(5), Aug. 17, 1984, 98 Stat. 1335.)"
---


# § 618e. Interest payments; rate

43 U.S.C. 617*Provided*section 619(a) of this title

Whenever by the terms of the Project Act [ et seq.] or this subchapter payment of interest is provided for, and whenever interest shall enter into any computation thereunder, such interest shall be computed at the rate of 3 per centum per annum, compounded annually: , That the respective rates of interest on appropriated funds advanced for the visitor facilities program, as described in , shall be determined by the Secretary of the Treasury, taking into consideration average market yields on outstanding marketable obligations of the United States with remaining periods to maturity comparable to the reimbursement period of the program during the month preceding the fiscal year in which the costs of the program are incurred. To the extent that more than one interest rate is determined pursuant to the preceding sentence, the Secretary of the Treasury shall establish for repayment purposes an interest rate at a weighted average of the rates so determined.

---

**Source Credit**: (July 19, 1940, ch. 643, § 6, 54 Stat. 777; Pub. L. 98–381, title I, § 104(a)(5), Aug. 17, 1984, 98 Stat. 1335.)

## Editorial Notes

### References in Text

The Project Act, referred to in text, is defined in .

### Amendments

1984— inserted proviso relating to rates of interest on appropriated funds advanced for visitors’ facilities program.