---
kind: "section"
citation: "15 U.S.C. § 689q"
title: "15"
title_heading: "Commerce and Trade"
number: "689q"
heading: "Authorization of appropriations"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/15/689q"
units:
  - "Chapter 14B — Small Business Investment Program"
  - "Subchapter III — Investment Division Programs"
  - "Part B — New Markets Venture Capital Program"
---

# §689q. Authorization of appropriations

- (a) **In general—** There are authorized to be appropriated for fiscal years 2001 through 2006, to remain available until expended, the following sums:
  - (1) Such subsidy budget authority as may be necessary to guarantee $150,000,000 of debentures under this part.
  - (2) $30,000,000 to make grants under this part.
- (b) **Funds collected for examinations—** Funds deposited under [section 689k(c)(2) of this title](/usc/15/689k.md) are authorized to be appropriated only for the costs of examinations under [section 689k of this title](/usc/15/689k.md) and for the costs of other oversight activities with respect to the program established under this part.

## Source credit

(Pub. L. 85–699, title III, § 368, as added Pub. L. 106–554, § 1(a)(8) [§ 1(b)(3)], Dec. 21, 2000, 114 Stat. 2763, 2763A–664.)