Summary

Removes subsection (c) of Section 4024 of the CARES Act (codified at 15 U.S.C. 9058), deleting that specific statutory paragraph. The text provided does not state an effective date, so when the deletion takes effect is not specified. The practical effect depends entirely on what that deleted subsection had required, authorized, or funded — it may eliminate an obligation, a benefit, or an administrative rule that had been created by that language.

Key Points

• Removes subsection (c) of Section 4024 of the CARES Act, codified at 15 U.S.C. 9058.
• The provided text does not specify an effective date for the deletion.
• Eliminates whatever authority, requirement, or benefit had been established by that subsection.
• Federal agencies and program administrators will need to review and update regulations, guidance, and materials that referenced the deleted text.
• The concrete impact depends entirely on the substantive content of the deleted subsection (not provided).
• May create legal or administrative transition issues for actions taken under the deleted provision prior to repeal.
• Does not itself create new authorities, appropriations, or tax changes — it is a deletion of existing statutory language.
• Likely to be low in legislative complexity because it is a single-paragraph removal, but real-world effects depend on context.