§2431b. Establishment of Facility

There is established in the Department of the Treasury an entity to be known as the "Conservation Facility" for the purpose of providing for the administration of debt reduction in accordance with this subchapter.

(Pub. L. 87–195, pt. V, §804, as added Pub. L. 105–214, §1, July 29, 1998, 112 Stat. 887 ; amended Pub. L. 115–440, §4(a), Jan. 14, 2019, 132 Stat. 5581 .)

Editorial Notes

Prior Provisions

A prior section 804 of Pub. L. 87–195, pt. V, was classified to section 2434 of this title prior to repeal by Pub. L. 94–329.

Amendments

2019-Pub. L. 115–440 substituted "Conservation Facility" for "Tropical Forest Facility".

Statutory Notes and Related Subsidiaries

Change of Name

Pub. L. 115–440, §4(c), Jan. 14, 2019, 132 Stat. 5582 , provided that: "Any reference in any other provision of law, regulation, document, paper, or other record of the United States to the 'Tropical Forest Facility' shall be deemed to be a reference to the 'Conservation Facility'."