In order to promote the conservation of migratory waterfowl and to offset or prevent the serious loss of important wetlands and other waterfowl habitat essential to the preservation of such waterfowl, there is authorized to be appropriated for the period beginning on July 1, 1961, and ending when all amounts authorized to be appropriated have been expended, not to exceed $200,000,000.
Codification
Section was not enacted as part of the Migratory Bird Conservation Act which comprises this subchapter.
Amendments
1988—Pub. L. 100–653 substituted "when all amounts authorized to be appropriated have been expended" for "at the close of September 30, 1988".
1986—Pub. L. 99–645 substituted "September 30, 1988" for "September 30, 1986".
1984—Pub. L. 98–548 substituted "September 30, 1986" for "September 30, 1984".
1983—Pub. L. 98–200 substituted "September 30, 1984" for "September 30, 1983".
1976—Pub. L. 94–215 substituted "period beginning on July 1, 1961, and ending at the close of September 30, 1983, not to exceed $200,000,000" for "fifteen-year period beginning with fiscal year 1962, not to exceed $105,000,000".
1967—Pub. L. 90–205 substituted "fifteen-year period" for "seven-year period".
Short Title
Pub. L. 87–383, which enacted this section and sections 715k–4 and 715k–5 of this title, is popularly known as the "Wetlands Loan Act".