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8 9 STAT. 6 1

g r a p h (2), by striking out the period at the end of paragraph (3) and inserting in heu thereof ", and", and by adding at the end thereof the following new paragraph: " (4) the foreign base company shipping income for the taxable year (determined under subsection (f) and reduced as provided in subsection (b)(5)). " (B) Paragraph (2) of section 954(b) is amended to read 26 USC 954, as follows: "(2)

EXCLUSION FOR REINVESTED SHIPPING I N C O M E. — For p u r -

poses of subsection (a), foreign base company income does not include foreign base company shipping income to the extent that the amount of such income does not exceed the increase for the taxable year in qualified investments in foreign base company shipping operations of the controlled foreign corporation (as determined under subsection (g)). " (C) Subparagraph s (A) and (B) of section 9 5 4 (b)(3) are each amended by striking out " paragraph s (1) and (5) " and inserting in lieu thereof " paragraph s (2) and (5) ". (D) Subparagraph (B) of section 9 5 4 (b)(3) is amended by striking out " paragraph s (1), (2), " and inserting in lieu thereof " paragraph (2), ". (E) Paragraph (5) of section 954(b) is amended by striking out " and the foreign base company services income" and inserting in lieu thereof " the foreign base company services income, and the foreign base company shipping income". (F) Section 954(b) is amended by adding at the end thereof the following new paragraph: "(6)

SPECIAL RULES FOR FOREIGN BASE COMPANY SHIPPING I N -

COME.—Income of a corporation which is foreign base company s h i p p i n g income under paragraph (4) of subsection (a) (determined without regard to the exclusion under paragraph (2) of this subsection) — " (A) shall not be considered foreign base company income of such corporation under any other paragraph of subsection (a) and " (B) if distributed through a chain of ownership described under section 9 5 8 (a), shall not be included in foreign base 26 USC 958. company income of another controlled foreign corporation in such chain." (G) Section 954 is amended by a d d i n g at the end thereof the following new subsections: "(f)

FOREIGN B A S E COMPANY S H I P P I N G I N C O M E. — For purposes of

subsection (a)(4), the term 'foreign base company shipping income' means income derived from, or in connection with, the use (or h i r i n g or leasing for use) of any aircraft or vessel in foreign commerce, or from, or in connection with, the performance of services directly related to the use of any such aircraft, or vessel, or from the sale, exchange, o r other disposition of any such aircraft or vessel. Such term includes, but is not limited to — " (1) dividends and interest received from a foreign corporation in respect of which taxes a r e deemed paid under section 902, and 26 USC 902. gain from the sale, exchange, or other disposition of stock or obligations of such a foreign corporation to the extent that such dividends, interest, and gains are attributable to foreign base company s h i p p i n g income, and " (2) that portion of the distributive share of the income of a partnership attributable to foreign base company shipping income.

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 89 STAT. 62

PUBLIC LAW 94-12—MAR. 29, 1975 "(g)

Infra.

INCREASE I N QUALIFIED INVESTMENTS I N FOREIGN B A S E C O M -

PANY S H I P P I N G OpEPtATioNS.—For purposes of subsection (b)(2), the increase for any taxable year in qualified investments in foreign base company shipping operations of any controlled foreign corporation is the amount by which— " (1) the qualified investments in foreign base company shipping operations (as defined in section 9 5 5 (b)) of the controlled foreign corporation at the close of the taxable year, exceed " (2) the qualified investments in foreign base company shipp i n g operations (as so defined) of the controlled foreign corporation at the close of the preceding taxable year." (2) A M O U N T S INCLUDED I N GROSS INCOME or SHAREHOLDERS.

Ante, p. 58.

UNITED STATES

(A) Subparagraph (A) of section 951(a)(1) is amended by striking out " and " at the end of clause (i), by striking out the semicolon at the end of clause (ii) and inserting in lieu thereof a comma, and by adding at the end thereof the following new clause: " ( i i i) his pro r a t a share (determined under section 955(a)(3)) of the corporation's previously excluded subpart F income withdrawn from foreign base company shipping operations for such year; and". (B) Section 951(a) is amended by inserting after paragraph (2) the following new paragraph: " (3) L I M I T A T I O N ON PRO RATA SHARE or PREVIOUSLY EXCLUDED SUBPART F INCOME WITHDRAWN FROM INVESTMENT. For p u r p O S e S

of paragraph (l)(A) ( i i i), the pro rata share of any United States shareholder of the previously excluded subpart F income of a controlled foreign corporation withdrawn from investment in foreign base company shipping operations shall not exceed an amount— " (A) which bears the same ratio to his p r o rata share of such income withdrawn (as determined under section 955(a) (3)) for the taxable year, as " (B) the part of such year during which the corporation is a controlled foreign corporation bears to the entire year." (3) WITHDRAWAL OF PREVIOUSLY EXCLUDED SUBPART F INCOME FROM QUAIiiriED INVESTMENT.

26 USC 955.

(A) Subpart F of part III of subchapter N of chapter 1 is amended by inserting after section 954 the following new section: "SEC. 955. WITHDRAWAL OF PREVIOUSLY EXCLUDED SUBPART F INC03IE FROM QUALIFIED INVESTMENT. "(a)

Ante, p. 61.

GENERAL

RULES.—

" (1) A M O U N T WITHDRAWN.—For purposes of this subpart, the amount of previously excluded subpart F income of any controlled foreign corporation withdrawn from investment in foreign base company shipping operations for any taxable year is an amount equal to the decrease in the amount of qualified investments in foreign base company shipping operations of the controlled foreign corporation for such year, but only to the extent that the amount of such decrease does not exceed an amount equal to— " (A) the sum of the amounts excluded under section 954 (b)(2) from the foreign base company income of such corporation for all prior taxable years, reduced by " (B) the sum of the amounts of previously excluded subpart F income withdrawn from investment in foreign base

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89 STAT. 6 3

company shipping operations of such corporation determined under this subsection for all prior taxable years. "(2)

DECREASE I N QUALIFIED INVESTMENTS.—For purposes of

paragraph (1), the amount of the decrease in qualified investments in foreign base company shipping operations of any controlled foreign corporation for any taxable year is the amount by which— " (A) the amount of qualified investments in foreign base company shipping operations of the controlled foreign corporation a t the close of the preceding taxable year, exceeds " (B) the amount of qualified investments in foreign base company shipping operations of the controlled foreign corporation a t the close of the taxable year, to the extent that the amount of such decrease does not exceed the sum of the earnings and profits for the taxable year and the earnings and profits accumulated for prior taxable years beginning after December 31, 1975, and the amount of previously excluded subpart F income invested in less developed country corporations described in section 955(c)(2) (as in effect before the enactment of the T a x Keduction Act of 1975) to the extent attrib- Ante, p. 59. utable to earnings and profits accumulated for taxable years beginning after December 31, 1962. For purposes of this paragraph, if qualified investments in foreign base company shipping operations are disposed of by the controlled foreign corporation during the taxable year, the amount of the decrease in qualified investments in foreign base company shipping operations of such controlled foreign corporation for such year shall be reduced by an amount equal to the amount (if any) by which the losses on such dispositions during such year exceed the gains on such dispositions during such year. " (3) P R O RATA SHARE o r AMOUNT WITHDRAWN.—In the case of

any United States shareholder, the p r o rata share of the amount of previously excluded subpart F income of any controlled foreign corporation withdrawn from investment in foreign base company shipping operations for any taxable year is his pro rata share of the amount determined under paragraph (1). " (b) QUALIFIED INVESTMENTS I N FoREioif BASE COMPANY S H I P P I N G OPERATIONS.—

" (1) IN GENERAL.—For purposes of this subpart, the term 'qualified investments in foreign base company shipping operations' means investments in— " (A) any aircraft or vessel used in foreign commerce, and " (B) other assets which a r e u?ed in connection with the performance of services directly related to the use of any such aircraft or vessel. Such term includes, b u t is not limited to, investments by a controlled foreign corporation in stock or obligations of another controlled foreign corporation which is a related person (within the meaning of section 9 5 4 (d)(3)) and which holds assets 26 USC 954. described in the preceding sentence, but only to the extent that such assets are so used. "(2)

QUALIFIED INVESTMENTS BY RELATED PERSONS.—For p u r -

poses of determining the amount of qualified investments in foreign base company shipping operations, an investment (or a decrease in investment) in such operations by one or more controlled foreign corporations may, under regulations prescribed by the Secretary or his delegate, be treated as an investment (or a decrease in investment) by another corporation which is a controlled foreign corporation and is a related person (as defined

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 89 STAT. 6 4 26 USC 954.

Ante, p. 61.

PUBLIC LAW 9 4 - 1 2 — M A R. 29, 1975 in section 9 5 4 (d)(3)) with respect to the corporation actually making or withdrawing the investment. " (3) SPECIAL RULE.—For purposes of this subpart, a United States shareholder of a controlled foreign corporation may, under regulations prescribed by the Secretary or his delegate, elect to make the determinations under subsection (a)(2) of this section and under subsection (g) of section 954 as of the close of the years following the years referred to in such subsections, or as of the close of such longer period of time as such regulations may permit, in lieu of on the last d a y of such years. Any election under this paragraph made with respect to any taxable year shall apply to such year and to all succeeding taxable years unless the Secretary or his delegate consents to the revocation of such election. " (4) A M O U N T ATTRIBUTABLE TO PROPERTY.—The a m o u n t t a k e n

into account under this subpart with respect to any property described in paragraph (1) shall be its adjusted basis, reduced by any liability to which such property is subject, " (5) INCOME EXCLUDED UNDER PRIOR LAW.—Amounts invested

26 USC 955.

Ante, p. 58.

in less developed country corporations described in section 955 (c)(2) (as in effect before the enactment of the T a x Reduction Act of 1975) shall be treated as qualified investments i n foreign base company shipping operations and shall not be treated as investments in less developed countries for purposes of section 951 (a)(1)(A) ( i i). " (B) The table of sections of subpart F of part III of subchapter N of chapter 1 is amended by inserting after the item relating to section 954 the following new item: "Sec. 955. Withdrawal of previously excluded subpart F income from qualified investment." (e) EXCLUSION F R O M FOREIGN B A S E COMPANY I N C O M E WHEREFOREIGN BASE COINIPANY I N C O M E I s L E S S T H A N 10 I'ERCENT o r GROSS

I N C O M E. — Paragraph (3) of section 954(b) is amended by striking out "30 percent" each place it appears and inserting in lieu thereof "10 percent". 26use955 note. (f) EFFECTIVE D A T E. — The amendments made by this section shall apply to taxable years of foreign corporations beginning after December 31, 1975, and to taxable years of United States shareholders (within the meaning of 951(b) of the I n t e r n a l Revenue Code of 1954) within which or with which such taxable years of such foreign corporations end.

26 USC 993.

26 USC 611.

50 USC app. 2402.

SEC. 603. DENIAL OF DISC BENEFITS WITH RESPECT TO ENERGY RESOURCES AND OTHER PRODUCTS. (a) AMENDMENT OF SECTION 993 (c)(2).—Section 993(c)(2) (relati n g to property excluded from export property) is amended by striking out " o r " a t the end of subparagraph (A), by striking out the period a t the end of subparagraph (B) and inserting i n lieu thereof ", or", and by a d d i n g a t the end thereof the following: " (C) products of a character with respect to which a deduction for depletion is allowable (including oil, g a s, coal, o r uranium products) under section 611, or " (D) products the export of which is prohibited o r curtailed under section 4(b) of the E x p o r t Administration Act of 1969 (50 U.S.C. A p p. 2403(b)) to effectuate the policy set forth i n paragraph (2)(A) of section 3 of such Act (relating to the protection of the dbmestic economy). Subparagraph (C) shall not apply to any commodity or product a t least 50 percent of the fair market value of which is attributable to manufacturing or processing, except that subparagraph (C) shall

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89 STAT. 65

apply to any p r i m a r y product from oil, gas, coal, or iiranium. For purposes of the preceding sentence, the term 'processing' does not include extracting or handling, packing, packaging, g r a d i n g, storing, or t r a n s p o r t i n g. " (b) EFFECTIVE D A T E. — The amendments made by subsection (a) 26 USC 993note, shall apply to sales, exchanges, and other dispositions made after March 18, 1975, in taxable years ending after such date. SEC. 604. TREATMENT FOR PURPOSES OF THE INVESTMENT CREDIT OF CERTAIN PROPERTY USED IN INTERNATIONAL OR TERRITORIAL WATERS. (a) AMENDMENT TO 1954 CODE.—

26 USC 1 et seq.

(1) IN GENERAL.—Clause (x) of section 4 8 (a)(2)(B) (relating 26 USC 48. to property used outside the United States) is amended by striking out "territorial waters" and inserting in lieu thereof "territorial waters within the northern portion of the Western Hemisphere". (2) DEFINITION. — Subparagraph (B) of section 4 8 (a)(2) is amended by a d d i n g at the end thereof the following new sentence: " For purposes of clause (x), the term 'northern portion of the Western Hemisphere' means the area lying west of the 30th meridian west of Greenwich, east of the international dateline, and north of the E q u a to r, but not including any foreign country which is a country of South America.". (b) EFFECTIVE D A T E. —

26 USC 48 note.

(1) IN GENERAL.—The amendments made by subsection (a) shall apply to property, the construction, reconstruction, or erection of which was completed after March 18, 1975, or the acquisition of which by the taxpayer occurred after such date. (2) BINDING CONTRACT.—The amendments made by subsection (a) shall not apply to property constructed, reconstructed, erected, or acquired pursuant to a contract which was on April 1, 1974, and at all times thereafter, binding on the taxpayer. (3) CERTAIN LEASE-BACK TRANSACTIONS, ETC.—Where a person

who is a party to a binding contract described in paragraph (2) transfers rights in such contract (or in the property to which such contract relates) to another person b u t a party to such contract retains a right to use the property under a lease with such other person, then to the extent of the transferred rights such other person shall, for purposes of paragraph (2), succeed to the position of the transferor with respect to such binding contract and such property. The preceding sentence shall apply, in any case in which the lessor does not make an election under section 4 8 (d) of the I n t e r n a l Revenue Code of 1954, only if a party to such contract retains a right to use the property under a longterm lease.

TITLE VII—MISCELLANEOUS PROVISIONS SEC. 701. CERTAIN UNEMPLOYMENT COMPENSATION. (a)

AMENDMENT OF EMERGENCY UNEMPLOYMENT COMPENSATION

ACT OF 1974.—Section 102(e) of the Emergency Unemployment Com- 26 USC 3304 pensation Act of 1974 is amended— note. (1) in paragraph (2) thereof, by striking out " The a m o u n t " and inserting m lieu thereof " E x c e p t as provided in paragraph (3), the a m o u n t "; and

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 89 STAT. 6 6

26 USC 3304 note 26 USC 3304 note. 26 USC 3304 note. 26 USC 3304 note.

PUBLIC LAW 94-12—MAR. 29, 1975 (2) by adding a t the end thereof the following new paragraph: " (3) Effective only with respect to benefits for weeks of unemployment ending before July 1, 1975, the amount established in such account for any individual shall be equal to the lesser of— " (A) 100 p e r centum of the total amount of regular compensation (including dependents' allowances) payable to him with respect to the benefit year (as determined under the State law) on the basis of which he most recently received regular compensation; or " (B) twenty-six times his average weekly benefit amount (as determined for purposes of section 202(b)(1)(C) of the Federal-State Extended Unemployment Compensation Act of 1970) for his benefit year." (b) MODIFICATION o r AGREEMENTS.—The Secretary of Labor shall,

at the earliest practicable date after the enactment of this Act, propose to each State with which he has in effect an agreement entered into pursuant to section 102 of the Emergency Unemployment Compensation Act of 1974 a modification of such agreement designed to cause payments of emergency compensation thereunder to be made in the manner prescribed by such Act, as amended by subsection (a) of this section. Notwithstanding any provision of the Emergency Unemployment Compensation Act of 1974, if any such State shall fail or refuse, within a reasonable time after the date of the enactment of this Act, to enter into such a modification of such agreement, the Secretary of Labor shall terminate such agreement.

SEC. 702. SPECIAL PAYMENT TO RECIPIENTS OF BENEFITS UNDER CERTAIN RETIREMENT AND SURVIVOR BENEFIT PROGRAMS. (a) P A Y M E N T. — The Secretary of the Treasury shall, at the earliest practicable date after the enactment of this Act, make a $50 payment to each individual, who for the month of March, 1975, was entitled (without regard to sections 202(j)(1) and 223(b) of title II of the Social Security Act and without the application of section 5(a) (ii) 42 USC 402, of the Railroad Retirement Act of 1974) to — 423. 45 USC 231d. (1) a monthly insurance benefit payable under title II of the 42 USC 401. Social Security Act, (2) a monthly annuity or pension payment under the Rail45 USC 215 note. road Retirement Act of 1935, the Railroad Retirement Act of 45 USC 228a, 1937, or the Railroad Retirement Act of 1974, or 231. (3) a benefit under the supplemental security income benefits 42 USC 1381. program established by title X VI of the Social Security Act; except that, (A) such $50 payment shall be made only to individuals who were paid a benefit for March 1975 in a check issued no later than August 31, 1975; (B) no such $50 payment shall be made to any individual w h o is not a resident of the United States (as defined in section 210(i) of the Social Security Act); and (C) if an individual 42 USC 410. is entitled under two or more of the programs referred to i n clauses (1), (2), and (3), such individual shall be entitled to receive only one such $50 payment. For purposes of this subsection, the term "resident" "Resident." means an individual whose address of record for check payment purposes is located within the United States. (b) RECIPIENT InENTincATiON.—The Secretary of Health, Education, and Welfare and the Railroad Retirement Board shall provide the Secretary of the Treasury with such information and data as may be needed to enable the Secretary of the Treasury to ascertain which individuals are entitled to the payment authorized under subsection (a). 42 USC 402 note.

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 PUBLIC LAW 94-12—MAR. 29, 1975

89 STAT. 67

(c) COORDINATION W I T H OTHER FEDERAL PROGRAMS.—Any payment

made by the Secretary of the Treasury under this section to any individual shall not be regarded as income (or, in the calendar year 1975, as a resource) of such individual (or of the family of which he is a member) for purposes of a n j Federal or State program which undertakes to furnish aid or assistance to individuals or families, where eligibility to receive such aid or assistance (or the amount of such aid or assistance) under such program is based on the need therefor of the individual or family involved. The requirement imposed by the preceding sentence shall be treated as a condition for Federal financial participation in any State (or local) welfare program for any calendar quarter commencing after the date of enactment of this Act. (d) APPROPRIATIONS AUTHORIZATION.—There are hereby authorized to be appropriated, out of any funds in the Treasury not otherwise appropriated, such sums as may be necessary to carry out the provisions of this section. (e) PAYMENT NOT To B E CONSIDERED INCOME.—Payments made under this section shall not be considered as gross income for purposes of the Internal Revenue Code of 1954. 26 USC 1 et xeq. Approved March 29, 1975.

LEGISLATIVE HISTORY: HOUSE REPORT No. 94-19 (Comm. on Ways and Means). SENATE REPORT No. 94-36 (Comm. on Finance). CONGRESSIONAL RECORD, Vol. 121 (1975): Feb. 27, considered and passed House. Mar. 18-22, considered and passed Senate, amended. Mar. 26, House and Senate agreed to conference report. WEEKLY COMPILATION OF PRESIDENTIAL DOCUMENTS, Vol. 11, No. 14: Mar. 29, Presidential statement.

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 89 STAT. 68

PUBLIC LAW 94-13—APR. 8, 1975

Public Law 94-13 94th Congress An Act Apr. 8, 1975

To continue the national insurance development program.

[H.R. 2783] National Insurance Development Act of 1975. 12 USC 1749bbb note. 12 USC 1749bbb note. 12 USC 1701t note.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That this Act may be cited as the "National Insurance Development Act of 1975". SECTION 1. (a) The Congress finds that (1) under the Housing and Urban Development Act of 1968 (Public Law 90^48, approved August 1, 1968), as amended, the powers of the Secretary of the Department of Housing and Urban Development to enter into new reinsurance contracts with respect to the Federal riot reinsurance program and into new direct insurance contracts with respect to the Federal crime insurance program will terminate on April 30, 1975, except to the extent necessary (a) to continue policies of direct insurance and reinsurance, until April 30, 1978, (b) to handle claims and those arising under the policies still in force on the termination date of the program, and (c) to complete the liquidation and termination of the reinsurance and direct insurance programs; (2) continuation of the Federal riot reinsurance program is essential both to the operation of the system of State FAIR plans, which provide access for many people to basic property insurance not otherwise available in urban areas, and to the continued existence of such F A I R plans inasmuch as many State laws condition the very existence of such F A I R plans upon the continued existence of the Federal riot reinsurance program; (3) continuation of the Federal crime insurance program, which provides access for many homeowners, tenants, and small businessmen to burglary, robbery, and similar coverages, in States where an insurance coverage availability problem exists, is likewise essential; (4) withdrawal at this time of the Federal support which these programs give to the insurance buying public and the insurers would be particularly ill timed and inadvisable in view of the (a) threatening major shortage of voluntary insurance facilities to which the consumer can turn to fulfill his insurance purchase needs and (b) the potential for insurer insolvencies inherent in times of economic stress; and (5) the impending tightening of the availability of insurance coverage in the insurance market will only intensify due to the present economic conditions confronting insurers, which affect the capital adequacies of insurers due to severe declines in the values of insurers' securities portfolios, thus impacting on their ability to increase their underwritings in a growing insurance market. (b) The purpose of this Act, therefore, is to extend the duration of the national insurance development program so as to maintain the Federal riot reinsurance program which reinsures the general property insurance business against the catastrophic peril of riot and, thus, makes this insurance available, together with its review and compliance function which assures that the intent of the Housing and Urban Development Act of 1968 (Public Law 90-448, approved August 1, 1968) as amended is carried out, as well as the Federal crime insurance program which provides basic crime insurance coverages in the States where it is needed, both of which programs aid the insurance purchasing consumer when, from time to time and especially in times such as

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89 STAT. 69

these, insurers engage in conscious policies of market constriction which lead to serious inner-city insurance availability problems of the kind the national insurance development program has been created to ameliorate. SEC. 2. Section 1201(b)(1) of the National Housing Act is amended by striking out "April 30, 1975" and inserting in lieu thereof "April 30,

ermination d te, ^tensior.

1977".

^

^

^

Approved April 8, 1975.

LEGISLATIVE HISTORY: lOUSE REPORT No. 94-60 (Comm. on Banking, Currency and Housing).
 * ONGRESSIONAL RECORD, Vol. 121 (1975):

Mar. 18, considered and passed House. Mar. 21, considered and passed Senate, amended. Mar. 25, House concurred in Senate amendments.

57-194 O - 77 - 9

F

5

12 USC 1749ibb.

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 89 STAT. 70

PUBLIC LAW 94-14—APR. 8, 1975

Public Law 94-14 94th Congress Apr. 8, 1975 [H.R. 3260]

Certain budget authority. Rescission.

31 USC 1400

An Act To rescind certain budget authority recommended in the message of the President of November 26, 1974 (H. Doc. 93-398) and as those rescissions are modified by the message of the President of January 30, 1975 (H. Doc. 94-39) and in the communication of the Comptroller General of November 6, 1974 (H. Doc. 93-391), transmitted pursuant to the Impoundment Control Act of 1974.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the following rescissions of budget authority contained in the message of the President of November 26, 1974 (H. Doc. 93-398) and as those rescissions are modified by the message of the President of January 20, 1975 (H. Doc. 94-39) and in the communication of the Comptroller General of November 6, 1974 (H. Doc. 93-391), are made pursuant to the Impoundment Control Act of 1974, namely:

note.

CHAPTER I DEPARTMENT OF AGRICULTURE AGRICULTURAL STABILIZATION AND CONSERVATION SERVICE WATER BANK PROGRAM

87 Stat. 468. 88 Stat. 1822.

Appropriations provided under this head in the Agriculturenvironmental and Consumer Protection Appropriation Acts for 1974 and 1975 are rescinded in the amount of $7,856,470. CHAPTER II DEPARTMENT OF DEFENSE—MILITARY OPERATION AND MAINTENANCE OPERATION AND M A I N T E N A N C E, ARMY

88 Stat. 1212.

Appropriations provided under this head in the Department of Defense Appropriation Act, 1975, are rescinded in the amount of $20,500,000, to be derived from the sum provided only for the maintenance of real property facilities. OPERATION AND M A I N T E N A N C E, NAVY

Appropriations provided under this head in the Department of Defense Appropriation Act, 1975, are rescinded in the amount of $13,750,000, to be derived from the sum provided only for the maintenance of real property facilities. OPERATION AND M A I N T E N A N C E, M A R I N E CORPS

Appropriations provided under this head in the Department of Defense Appropriation Act, 1975, are rescinded in the amount of $2,500,000, to be derived from the sum provided only for the maintenance of real property facilities.

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89 STAT. 71

OPERATION AND M A I N T E N A N C E, AIR FORCE

Appropriations provided under this head in the Department of Defense Appropriation Act, 1975, are rescinded in the amount of 88 Stat. 1212. $20,000,000, to be derived from the sum provided only for the maintenance of real property facilities. OPERATION AND M A I N T E N A N C E, DEFENSE AGENCIES

Appropriations provided only for the maintenance of real property facilities under this head in the Department of Defense Appropriation Act, 1975, in the amount of $50,000 for the Defense Mapping Agency, in the amount of $500,000 for the Defense Supply Agency, and in the amount of $400,000 for Intelligence and Communications activities; in all: $950,000, are rescinded. OPERATION AND M A I N T E N A N C E, ARMY RESERVE

Appropriations provided under this head in the Department of Defense Appropriation Act, 1975, are rescinded in the amount of $900,000, to be derived from the sum provided only for the maintenance of real property facilities. OPERATION AND M A I N T E N A N C E, NAVY RESERVE

Appropriations provided under this head in the Department of Defense Appropriation Act, 1975, are rescinded in the amount of $550,000, to be derived from the sum provided only for maintenance of real property facilities. OPERATION AND M A I N T E N A N C E, AIR FORCE RESERVE

Appropriations provided under this head in the Department of Defense Appropriation Act, 1975, are rescinded in the amount of $200,000, to be derived from the sum provided only for maintenance of real property facilities. OPERATION AND M A I N T E N A N C E, ARMY NATIONAL GUARD

Appropriations provided under this head in the Department of Defense Appropriation Act, 1975, are rescinded in the amount of $700,000, to be derived from the sum provided only for the maintenance of real property facilities. OPERATION AND M A I N T E N A N C E, AIR NATIONAL GUARD

Appropriations provided under this head in the Department of Defense Appropriation Act, 1975, are rescinded in the amount of $250,000, to be derived from the sum provided only for maintenance of real property facilities. AIRCRAFT PROCUREMENT, AIR FORCE

Appropriations provided under this head in the Department of Defense Appropriations Act, 1975, are rescinded in the amount of $122,900,000, to be derived from the sum provided for the procurement of twelve F - l l l F fighter/bomber aircraft.

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 89 STAT. 72

PUBLIC LAW 9 4 - 1 4 — A P R. 8, 1975 CHAPTER

III

DEPARTMENT OF STATE INTERNATIONAL

ORGANIZATIONS AND

CONTRIBUTIONS TO INTERNATIONAL

88 Stat. 1188.

CONFERENCES

ORGANIZATIONS

Appropriations provided under this head in the Department of State Appropriation Act, 1975, are rescinded in the amount of $2,000,000. INTERNATIONAL TRADE NEGOTIATIONS

Appropriations provided under this head in the Department of State Appropriation Act, 1975, are rescinded in the amount of $100,000. DEPARTMENT OF JUSTICE FEDERAL P R I S O N

SYSTEM

SALARIES AND EXPENSES, BUREAU OF PRISONS

88 Stat. 1192.

Appropriations provided under this head in the Department of Justice Appropriation Act, 1975, are rescinded in the amount of $5,250,000. BUILDINGS AND FACILITIES

Appropriations provided under this head in the Department of Justice Appropriation Act, 1975, are rescinded in the amount of $1,750,000. D R U G ENFORCEMENT SALARIES A N D

ADMINISTRATION EXPENSES

Appropriations provided under this head in the Department of Justice Appropriation Act, 1975, are rescinded in the amount of $2,400,000. DEPARTMENT OF COMMERCE SOCIAL AND ECONOMIC STATISTICS SALARIES AND

88 Stat. 1196.

ADMINISTRATION

EXPENSES

Appropriations provided under this head in the Department of Commerce Appropriation Act, 1975, are rescinded in the amount of $373,000. TRADE ADJUSTMENT FINANCIAL

ASSISTANCE

ASSISTANCE

Appropriations provided under this head in the Department of Commerce Appropriation Act, 1972, are rescinded in the amount of $12,000,000. UNITED STATES TRAVEL

SERVICE

SALARIES AND EXPENSES

Appropriations provided under this head in the Department of Commerce Appropriation Act, 1975, are rescinded in the amount of $250,000.

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 PUBLIC LAW 9 4 - 1 4 — A P R. 8, 1975

89 STAT. 73

NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION OEER^^TIONS, R E S E A R C H, AND FACILITIES

Appropriations provided under this head in the Department of Commerce Appropriation Act, 1975, are rescinded in the amount of 88 Stat. 1197. $927,000. PATENT OFFICE SALARIES AND EXPENSES

Appropriations provided under this head in the Department of Commerce Appropriation Act, 1975, are rescinded in the amount of $700,000. CHAPTER IV DEPARTMENT OF THE TREASURY OFFICE or

THE SECRETARY

SALARIES AND EXPENSES

Appropriations provided under this head in the Treasury Department Appropriations Act, 1975, are rescinded in the amount of 88 Stat. 613. $310,000. FEDERAL L A W ENFORCEMENT T R A I N I N G CENTER SALARIES AND EXPENSES

Appropriations provided under this head in the Treasury Department Appropriations Act, 1975, a r e rescinded in the amount of $60,000. BUREAU OF ACCOUNTS SALARIES AND EXPENSES

Appropriations provided under this head in the Treasury Department Appropriations Act, 1975, are rescinded in the amount of $630,000. INTERNAL R E V E N U E SERVICE SALARIES AND EXPENSES

Appropriations provided under this head in the Treasury Department Appropriations Act, 1975, are rescinded in the amount of $530,000. EXECUTIVE OFFICE OF THE PRESIDENT SPECIAL ACTION OFFICE FOR D R U G A B U S E PREVENTION PHARMACOLOGICAL RESEARCH

Appropriations provided under this head in the Executive Office Appropriation Act, 1975, are rescinded in the amount of $2,760,000.

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 89 STAT. 74

PUBLIC LAW 94-14—APR. 8, 1975 SPECIAL F U N D

Appropriations provided under this head in the Executive Office Appropriation Act, 1975, are rescinded in the amount of $2,240,000. INDEPENDENT AGENCIES GENERAL SERVICES ADMINISTRATION FEDERAL BUILDINGS FUND LIMITATION ON AVAILABILITY OF REVENUE

The amount made available under this head in the Independent Agencies Appropriations Act, 1975, is hereby reduced in the amount of $20,022,900, which reduction shall apply specifically to the limitation on alterations and major repairs. Approved April 8, 1975.

LEGISLATIVE HISTORY: HOUSE REPORTS: No. 94-17 (Comm. on Appropriations) and No. 94-112 (Comm.of Conference). SENATE REPORT No. 94-24 (Comm. on Appropriations). CONGRESSIONAL RECORD, Vol. 121 (1975): Feb. 25, considered and passed House. Mar. 17, considered and passed Senate, amended. Mar. 25, House agreed to conference report. Mar. 26, Senate agreed to conference report. WEEKLY COMPILATION OF PRESIDENTIAL DOCUMENTS, Vol. 11, No. 15: Apr. 8, Presidential statement.

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 PUBLIC LAW 94-15—APR. 8, 1975

89 STAT. 75

Public Law 94-15 94th Congress An Act To rescind certain budget authority recommended in the Message of the President of January 30, 1975 (H. Doc. 94-39) and in the communications of the Comptroller General of February 7, 1975 (H. Doc. 94-46) and of February 14, 1975 (H. Doc. 94-50), transmitted pursuant to the Impoundment Control Act of 1974.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the following rescissions of budget authority contained in the message of the President of January 30, 1975 (H. Doc. 94-39) and in the communications of the Comptroller General of February 7, 1975 (H. Doc. 94-46) and of February 14, 1975 (H. Doc. 94-50), are made pursuant to the Impoundment Control Act of 1974, namely:

Apr. 8, 1975 [H.R. 4075]

Certain budget authority. Rescission.

31 USC 1400 note.

CHAPTEE I DEPARTMENT OF AGRICULTURE AGRICULTURAL STABILIZATION AND CONSERVATION SERVICE FORESTRY INCENTIVES PROGRAM

Appropriations provided under this head in the Agriculture-Environmental and Consumer Protection Appropriation Act, 1975, are 88 Stat. 1822. rescinded in the amount of $10,000,000. CHAPTER II DEPARTMENT OF DEFENSE—MILITARY SPECIAL FOREIGN CURRENCY PROGRAM

^

Appropriations provided under this head in the Department of Defense Appropriation Act, 1973, are rescinded in the amount of 86 Stat. 1184. $915,000. Appropriations provided under this head in the Department of Defense Appropriation Act, 1974, are rescinded in the amount of 87 Stat. 1026. $40,000. CHAPTER III DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT—INDEPENDENT AGENCIES CONSUMER PRODUCT SAFETY COMMISSION SALARIES AND EXPENSES

Appropriations provided under this head in the Agriculturenvironmental and Consumer Protection Appropriation Act, 1975, are rescinded in the amount of $500,000.

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 89 STAT. 76

PUBLIC LAW 94-15—APR. 8, 1975 CHAPTER IV DEPARTMENT OF COMMERCE UNITED STATES TRAVEL SERVICE INTER-AMERICAN CULTURAL AND TRADE CENTER

80 Stat. 1057

Appropriations provided under this head in the Supplemental Appropriations Act, 1967, are rescinded in the amount of $4,999,704. Approved April 8, 1975.

LEGISLATIVE HISTORY: HOUSE REPORTS: No. 94-26 (Comm. on Appropriations) and No. 94-113 (Comm. of Conference). SENATE REPORT No. 94-35 (Comm. on Appropriations). CONGRESSIONAL RECORD, Vol. 121 (1975): Mar. 10, considered and passed House. Mar. 17, considered and passed Senate, amended. Mar. 25, House agreed to conference report. Mar. 26, Senate agreed to conference report. WEEKLY COMPILATION OF PRESIDENTIAL DOCUMENTS, Vol. 11, No. 15: Apr. 8, Presidential statement.

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 PUBLIC LAW 94-16—APR. 16, 1975

89 STAT. 77

Public Law 94-16 94th Congress Joint Resolution To extend the effective date of certain provisions of the Commodity Futures Trading Commission Act of 1974.

Apr. 16, 1975 [H.J. Res. 3351

Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That notwithstanding any Commodity other provision of law or of the Commodity Exchange Act, as amended Futures Trading Commission (7 U.S.C. 1 et seq.), the Commodity Futures Trading Commission of 1974, Act established in section 2(a) of the Commodity Exchange Act, as extension. amended, in its discretion, and without prior notice or hearings: 7 USC 4a note. (a) may grant provisional designation as a contract market to 7 USC 4a. any boards of trade for any commodities traded thereon for such period not in excess of ninety days from the effective date of the Commodity Futures Trading Commission Act of 1974 and under 7 USC 4a note. such terms and conditions as the Commission may prescribe: Provided, That upon the expiration of any provisional designation of a board of trade as a contract market, such board of trade shall not be designated as a contract market except as provided in section 6 of the Commodity Exchange Act, as amended; 7 USC 8, 9, 15. (b) may grant provisional registration as a futures commission merchant, floor broker, associated person, commodity trading adviser, and commodity pool operator to any person for such period not in excess of ninety days from the effective date of the Commodity Futures Trading Commission Act of 1974 (Public Law 93-463) and under such terms and conditions as the Commission may prescribe; and (c) may defer for such period not in excess of ninety days from the effective date of the Act, the effective dates of sections 204, 205, 210, and 407 of the Commodity Futures Trading Commission Act of 1974 (Public Law 93^63). 88 Stat. 1415. SEC. 2, Section 203 of the Commodity Futures Trading Commission Act of 1974 is amended by striking the phrase "six months" wherever 7 USC 6j. it appears therein and substituting therefor the phrase "nine months". SEC. 3. Section 106 of the Commodity Futures Trading Commission Act of 1974 is amended by striking the phrase "one year" wherever it 7 USC 18. appears in the last paragraph thereof (subsection (i) of new section 14 of the Commodity Exchange Act, as amended) and substituting 7 USC 18. therefor the phrase "fifteen months" and by striking the phrase "nine months" in the last paragraph thereof (subsection (i) of the new section 14 of the Commodity Exchange Act, as amended) and substituting therefor the phrase "one year".

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Page:United States Statutes at Large Volume 89.djvu/138

 89 STAT. 78 7 USC 6a.

PUBLIC LAW 94-16—APR. 16, 1975 SEC. 4. Section 404 of the Commodity Futures Trading Commission ^QI of 1974 is amended by striking the phrase "ninety days" wherever it appears therein and substituting therefor the phrase "one hundred and eighty days". Approved April 16, 1975.

LEGISLATIVE HISTORY: HOUSE REPORT No. 94-122 (Comm. on Agriculture). SENATE REPORT No. 94-73 (Comm. on Agriculture and Forestry). CONGRESSIONAL RECORD, Vol. 121 (1975): Apr. 8, considered and passed House. Apr. 14, considered and passed Senate, amended. Apr. 15, House concurred in Senate amendments.

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 PUBLIC LAW 94-17—APR. 24, 1975

89 STAT. 79

Public Law 94-17 94th Congress Joint Resolution Making an additional appropriation for the fiscal year ending June 30, 1975, for the Veterans Administration, and for other purposes.

Apr. 24, 1975 [H.J.Res. 375]

Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That the following sum is Veterans appropriated, out of any money in the Treasury not otherwise appro- Administration:; priated, for the fiscal year ending June 30, 1975, namely: Federal Election VETERANS ADMINISTRATION

ap^ptopr"a!ions.

READJUSTMENT BENEFITS

For an additional amount for "Readjustment benefits", $638,038,000, to remain available until expended. FEDERAL ELECTION COMMISSION SALARIES AND EXPENSES

For expenses necessary to carry out the provisions of the Federal Election Campaign Act Amendments of 1974, $500,000. 2 USC 431 note. Approved April 24, 1975.

LEGISLATIVE HISTORY: HOUSE REPORT No. 94-138 (Comm. on Appropriations). SENATE REPORT No. 94-82 (Comm. on Appropriations). CONGRESSIONAL RECORD, Vol. 121 (1975): Apr. 15, considered and passed House. Apr. 18, considered and passed Senate, amended. Apr. 21, House concurred in Senate amendment.

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 89 STAT. 80

PUBLIC LAW 94-18—APR. 25, 1975

Public Law 94-18 94th Congress An Act Apr. 25, 1975 [S. 994]

Nuclear Regulatory Commission. n thn'tf'^t^nn" S use 2017. 42 USC 5875!

rjiQ authorize supplemental appropriations to the Nuclear Regulatory Commission for fiscal year 1975.

Be it enacted by the Seriate and House of Representatives of the United States of America in Congress assembled, That there is authori2ed to be appropriated to the Nuclear Regulatory Commission to carry ^^^ ^j^^ provisions of section 261 of the Atomic Energy Act of 1954, as amended, and section 305 of the Energy Reorganization Act of 1974, $50,200,000 for fiscal year 1975.

Approved April 25, 1975.

LEGISLATIVE HISTORY: HOUSE REPORT No. 94-100 accompanying H.R. 4224 (Joint Comm. on Atomic Energy). SENATE REPORT No. 94-50 (Joint Comm. on Atomic Energy). CONGRESSIONAL RECORD, Vol. 121 (1975): Mar. 24, considered and passed Senate. Apr. 10, considered and passed House, in lieu of H.R. 4224.

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 PUBLIC LAW 94-19—APR. 30, 1975

89 STAT. 81

Public Law 94-19 94th Congress An Act To amend the joint resolution of July 18, 1939 (53 Stat. 1062), to provide for the acceptance of additional lands for the Home of Franklin D. Roosevelt National Historic Site, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That title III of the joint resolution approved July 18, 1939 (53 Stat. 1062), is amended as follows: (1) Amend section 301 to read as follows: "SEC. 301. The head of any executive department may accept for and in the name of the United States, title to any part or parts of the said Hyde Park estate and title to any contiguous property or properties located in the town of Hyde Park, Dutchess County, State of New York, which shall be donated to the United States for use in connection with any designated governmental function in the administration of this area. The title to any such property may be accepted under this section notwithstanding that it may be subject to the life estate of the donor or of any other person or persons now living: Provided, That during the continuance of any life estate reserved therein no expense to the United States in connection with the ordinary maintenance of the property so acquired shall be incurred: Provided further, That the acceptance hereunder by the United States of the title to property in which any life estate is reserved shall not during the existence of such life estate exempt the property from taxation by the town of Hyde Parkj Dutchess County, or the State of New York as other real property in the said town, county, or State is taxed under the applicable laws relating to taxation of real property.". (2) A new section 304 is added, to read as follows: "SEC. 304. In addition to such amounts as have been appropriated prior to the^ enactment of this section, there are hereby authorized to be appropriated such sums as may be necessary to carry out the provisions of this title, but not to exceed $104,000 for development purposes.". Approved April 30, 1975.

LEGISLATIVE HISTORY: HOUSE REPORT No. 94-149 (Comm. on Interior and Insular Affairs). SENATE REPORT No. 94-98 (Comm. on Interior and Insular Affairs). CONGRESSIONAL RECORD, Vol. 121 (1975): Apr. 21, considered and passed House. Apr. 29, considered and passed Senate.

Apr. 30, 1975 [H.R. 2808]

Home of Franklin D. Roosevelt National Historic Site. Additional lands.

Appropriation.

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 89 STAT. 82

PUBLIC LAW 94-20—MAY 2, 1975

Public Law 94-20 94th Congress An Act May 2. 1975 [S. 1310] Special food service program for children. Extension.

Regulations.

To continue the special food service program for children through September 30, 1975.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That section 13 of the National School Lunch Act (82 Stat. 117, as amended; 42 U.S.'C. 1761) is amended— (a) by inserting in the first sentence of paragraph (1) of subsection (a) before the words "to enable" the following: "and for the period July 1, 1975, through September 30, 1975,', and (b) by adding at the end thereof the following new subsections: "(i) Reimbursement rates established by the Secretary for meals served during the period May through September 1975 in service institutions operating special summer programs under section 13(c) (1) of the National School Lunch Act and in service institutions operating special summer programs under section 13(c)(2) of the National School Lunch Act shall be adjusted to the nearest quarter cent to reflect changes since the period May through September 1974 in the cost of operating special summer programs as indicated by the change in the series for food away from home of the Consumer Price Index of the Bureau of Labor Statistics of the Department of Labor for the most recent twelve-month period for which the Consumer Price Index has been established. " (k) No later than ten days following enactment of this legislation, the Secretary shall issue regulations pertaining to the operation of the summer food program during the months of May through September 1975: Provided, That such regulations shall in no way differ from regulations currently in effect, except for such changes as are necessary to implement the provisions of this Act.". Approved May 2, 1975.

LEGISLATIVE HISTORY: SENATE REPORT No. 94-57 (Comm. on Agriculture and Forestry). CONGRESSIONAL RECORD, Vol. 121 (1975): Mar. 26, considered and passed Senate. Apr. 9, considered and passed House, amended. Apr. 18, Senate concurred in House amendments.

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 PUBLIC LAW 94-21—MAY 9, 1975

89 STAT. 83

Public Law 94-21 94th Congress, Joint Resolution To authorize and request the President to issue a proclamation designating the calendar week beginning May 12, 1975, as "National Historic Preservation Week".

Whereas the two hundredth anniversary of the founding of this Republic approaches; and Whereas an indispensable element of the strength, the freedom and the constructive world leadership of this Nation is the knowledge and appreciation of our origins and history, of who we are, where we are, and how we arrived there; and Whereas the houses where we have lived, the buildings where we have worked, the streets we have walked for more than three hundred years are as much a part of our heritage as the wisdom of the Founding Fathers and the works of art which succeeding generations of Americans have bequeathed to us; and Whereas these buildings and places, great and humble, not only are our roots, but are also sources of pride in our past achievements and enrich our lives today; and Whereas historic preservation today involves much more than period rooms in house museums, but means, rather, that old homes, public buildings, hotels, taverns, theaters, industrial buildings, churches, and commercial structures can be saved and put to contemporary use as living history to be treated with respect and incorporated within our planning as our towms and cities grow to provide the citizens of this Nation with an environment of quality and enduring interest: Now, therefore, be it Resolved iy the Senate and House of Representatives of the United States of America in Congress assembled, That the President is authorized and requested to issue a proclamation— (1) designating the calendar week beginning May 12, 1975, as "National Historic Preservation Week"; and (2) urging Federal, State, and local government agencies, as well as citizens and private organizations, especially the preservation organizations, historical societies, and related groups, to observe that week with educational efforts, ceremonies, and other appropriate activities which— (a) are designed to call public attention to the urgent need to have our historic landmarks for the enjoyment and edification of the citizens of this Nation, present and future; and (b) will demonstrate lasting respect for this unique heritage. Approved May 9, 1975.

LEGISLATIVE HISTORY: HOUSE REPORT No. 94-153 (Coram, on Post Office and Civil Service). SENATE REPORT No. 94-100 (Coram, on the Judiciary). CONGRESSIONAL RECORD, Vol. 121 (1975): Apr. 21, considered and passed House. May 1, considered and passed Senate.

May 9, 197;i [HJ.Res. 242]

National Historic Preservation Week. Designation authorization.

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 89 STAT. 84

PUBLIC LAW 94-22—MAY 19, 1975

Public Law 94-22 94th Congress May 19, 1975 [S. 172] Travel Expense Amendments Act of 1975. 5 USC 5701 note.

Post, p. 85.

Post, p. 85.

28 USC 456.

An Act To revise certain provisions of title 5, United States Code, relating to per diem and mileage expenses of Government employees, and for other purposes.

Be it enacted dy the Senate and House of Representatives of the United States of America in Congress assembled, That this Act may be cited as the "Travel Expense Amendments Act of 1975". SEC. 2. (a) Section 5701(2) of title 5, United States Code, is amended to read as follows: " (2) 'employee' means an individual employed in or under an agency including an individual employed intermittently in the Government service as an expert or consultant and paid on a daily when-actually-employed basis and an individual serving without pay or at $1 a year;", (b) Section 5705 of such title 5 is amended by striking out "or individual" wherever it appears. SEC. 3. Section 5702 of title 5, United States Code, is amended to read as follows: "(a) Under regulations prescribed under section 5707 of this title, an employee while traveling on official business away from his designated post of duty, or in the case of an individual described under section 5703 of this title, his home or regular place of business, is entitled to (1) a per diem allowance for travel inside the continental United States at a rate not to exceed $35, and (2) a per diem allowance for travel outside the continental United States, that may not exceed the rate established by the President, or his designee, for each locality where travel is to be performed. For travel consuming less than a full day, such rate may be allocated proportionately. " (b) Under regulations prescribed under section 5707 of this title, an employee who, while traveling on official business away from his designated post of duty or, in the case of an individual described under section 5703 of this title, his home or regular place of business, becomes incapacitated by illness or injury not due to his own misconduct, is entitled to the per diem allowance and appropriate transportation expenses to his designated post of duty, or home or regular place of business, as the case may be. "(c) Under regulations prescribed under section 5707 of this title, the Administrator of General Services, or his designee, may pres'iribe conditions under which an employee may be reimbursed for the actual and necessary expenses of official travel when the maximum per diem allowance would be less than these expenses, except that such reimbursement shall not exceed $50 for each day in a travel status within the continental United States when the per diem otherAvise allowable is determined to be inadequate (A) due to the unusual circumstances of the travel assignment, or (B) for travel to high rate geographical areas designated as such in regulations prescribed under section 5707 of this title. "(d) Under regulations prescribed under section 5707 of this title, for travel outside the continental United States, the Administrator of General Services or his designee, may prescribe conditions under which an employee may be reimbursed for the actual and necessary expenses of official travel when the per diem allowance would be less than these expenses, except that such reimbursement shall not exceed $21 for each day in a travel status outside the continental United States plus the locality per diem rate prescribed for such travel. "(e) This section does not apply to a justice or judge, except to the extent provided by section 456 of title 28.".
 * § 570-2. Per diem; employee traveling on official business

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 PUBLIC LAW 94-22—MAY 19, 1975 SEC. 4. Section 5703 of title 5, United States Code, is amended to read as follows: "§ 5703. Per diem, travel, and transportation expenses; experts and consultants; individuals serving without pay "An employee serving intermittently in the Government service as an expert or consultant and paid on a daily when-actually-employed basis, or serving without pay or at $1 a year, may be allowed travel or transportation expenses, under this subchapter, while away from his home or regular place of business and at the place of employment or service.". SEC. 5. Section 5704 of title 5, United States Code, is amended to read as follows: "(a) Under regulations prescribed under section 5707 of this title, an employee who is engaged on official business for the Government is entitled to not in excess of— " (1) 11 cents a mile for the use of a privately owned motorcycle; "(2) 20 cents a mile for the use of a privately owned automobile; or "(3) 24 cents a mile for the use of a privately owned airplane; instead of actual expenses of transportation when that mode of transportation is authorized or approved as more advantageous to the Government. A determination of such advantage is not required when payment on a mileage basis is limited to the cost of travel by common carrier including per diem. Notwithstanding the preceding provisions of this subsection, in any case in which an employee who is engaged on official business for the Government chooses to use a privately owned vehicle in lieu of a Government vehicle, payment on a mileage basis is limited to the cost of travel by a Government vehicle. "(b) In addition to the mileage allowance authorized under subsection (a) of this section, the employee may be reimbursed for— " (1) parking fees; "(2) ferry fees; " (3) bridge, road, and tunnel costs; and " (4) airplane landing and tie-down fees.". SEC. 6. (a) Section 5707 of title 5, United States Code, is amended to read as follows: "§ 5707. Regulations and reports " (a) The Administrator of General Services shall prescribe regulations necessary for the administration of this subchapter, except that the Director of the Administrative Office of the United States Courts shall prescribe such regulations with respect to official travel by employees of the judicial branch of the Government. "(b)(1) The Administrator of General Services, in consultation with the Comptroller General of the United States, the Secretary of Transportation, the Secretary of Defense, and representatives of organizations of employees of the Government, shall conduct periodic investigations of the cost of travel and the operation of privately owned vehicles to employees while engaged on official business, and shall report the results of such investigations to Congress at least once a year. In conducting the investigations, the Administrator shall review and analyze among other factors— " (A) depreciation of original vehicle cost; " (B) gasoline and oil (excluding taxes); "(C) maintenance, accessories, parts, and tires; "(D) insurance; and " (E) State and Federal taxes.
 * § 5704. Mileage and related allowances

57-194 n - 77 - in

89 STAT. 85

M^o-

Investigations; '"^P"'^ *" Congress.

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 89 STAT. 86 Regulations. Ante, p. 85.

Report to Congress. Publication in Federal Register.

5 USC 5707 note.

PUBLIC LAW 94-22—MAY 19, 1975 "(2) The Administrator shall issue regulations under this section which shall prescribe mileage allowances which shall not exceed the amounts set forth in section 5704(a) of this title and which reflect the current costs, as determined by the Administrator, of operating privately owned motorcycles, automobiles, and airplanes. At least once each year after the issuance of the regulations described in the preceding sentence, the Administrator shall determine, based upon the results of his investigation, specific figures, each rounded to the nearest onehalf cent, of the average, actual cost a mile during the period for the use of a privately owned motorcycle, automobile, and airplane. The Administrator shall report such figures to Congress not later than five working days after he makes his determination. Each such report shall be printed in the Federal Register. The mileage allowances contained in regulations prescribed under this section shall be adjusted within thirty days following the submission of that report to the figures so determined and reported by the Administrator.". (b) The regulations required under the first sentence of section 5707(b)(2) of title 5, United States Code, as amended by subsection (a) of this section, shall be issued no later than thirty days after the effective date of this Act. SEC. 7. Item 5707 contained in the analysis of subchapter I of chapter 57 of title 5, United States Code, is amended to read as follows: "5707. Regulations and reports.".

8. The seventh paragraph under the heading "ADMINISTRATIVE PROVISIONS" in the Senate appropriation in the legislative Branch Appropriation Act, 1957 (2 U.S.C. GSb), is amended by striking out "$25" and "$40" and inserting in lieu thereof "$35" and "$50", respectively. SEC.

Approved May 19, 1975.

LEGISLATIVE HISTORY: HOUSE REPORTS: No. 94-5 accompanying H.R. 2302 and No. 94-104 accompanying H.R. 4834 (both from Comm. on Government Operations). SENATE REPORT No. 94-42 (Comm. on Government Operations). CONGRESSIONAL RECORD, Vol. 121 (1975): Mar. 20, considered and passed Senate. Apr. 21, considered and passed House, amended, in lieu of H.R. 4834. Apr. 30, Senate concurred in House amendment with an amendment. May 5, House concurred in Senate amendment.

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 PUBLIC LAW 94-23—MAY 23, 1975

89 STAT. 87

Public Law 94-23 94th Congress An Act To enable the United States to render assistance to, or in belialf of, certain migrants and refugees. Be it enacted by the Senate ami House of Representatives of the United States of America in Congress assembled, That this Act may be cited as "The Indochina Migration and Kefugee Assistance Act of 1975". SEC!. 2. (a) Subject to the provisions of subsection (b) there are hereby authorized to be appropriated, in addition to amounts otherwise avaihible for such purposes, $155,000,000 for the performance of functions set forth in the Migration and Refugee Assistance Act of 1962 (76 Stat. 121), as amended, with respect to aliens who have fled from Cambodia or Vietnam, such sums to remain available in accordance with the provisions of subsection (b) of this section. (b) N^one of the funds authorized to be appropriated by this Act shall be available for the performance of functions after June 30, 1976, other than for carrying out the provisions of clauses (3), (4), (5), and (6) of section 2(b) of the Migration and Refugee Assistance Act of 1962, as amended. None of such funds shall be available for obligation for any purpose after September 30.1977. SEC. 3. I n carrying out functions utilizing the funds made available under this Act, the term "refugee" as defined in section 2(b)(3) of the Migration and Refugee Assistance Act of 1962, as amended, shall be deemed to include aliens who (A) because of persecution or fear of persecution on account of race, religion, or political opinion, fled from Cambodia or V i e t n a m; (B) cannot return there because of fear of persecution on account of race, religion, or political opinion; and (C) are in urgent need of assistance for the essentials of life. SEC. 4. (a) The President shall consult with and keep the Committees on the Judiciary, Appropriations, and International Relations of the House of Representatives and the Committees on Foreign Relations, Appropriations and J u d i c i a r y of the Senate fully and currently informed of the use of funds and the exercise of functions authorized in this Act. (b) Not more than t h i r t y days after the date of enactment of this Act, the President shall transmit to such Committees a report describing fully and completely the status of refugees from Cambodia and South Vietnam. Such report shall set forth, in addition— (1) a plan for the resettlement of those refugees remaining in receiving or staging centers; (2) the number of refugees who have indicated an interest in returning to their homeland or being resettled in a t h i r d country, together with (A) a description of the plan for their return or resettlement and the steps taken to carry out such return or resettlement, and (B) any initiatives that have been made with respect to the Office of the H i g h Commissioner for Refugees of the United Nations; and (3) a full and complete description of the steps the President has taken to retrieve and deposit in the Treasury as miscellaneous receipts all amounts previously authorized and appropriated for assistance to South Vietnam and Cambodia but not expended for such purpose, exclusive of the $98,000,000 of Indochina P o s t w a r Reconstruction funds allocated to the Department of State for movement and maintenance of refugees prior to the date of enactment of this Act.

May 23, 1975 [H.R. 6755]

The Indochina Migration and Refugee Assistance Act of 1975. 22 USC 2601 note. Appropriation authorization. 22 USC 2601 note.

22 USC 2601 22 USC 2601 note.

Presidential consultation vath congressional committees. 22 USC 2601 note. Report to congressional committees.

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 89 STAT. 88

PUBLIC LAW 94-23—MAY 23, 1975

Supplementary reports.

(c) Supplementary reports setting forth recent information with fespect to each of the items referred to in this section shall be transmitted not more than ninety days after the date of transmittal of the report referred to in subsection (b) of this section and not later than the end of each ninety-day period thereafter. Such reports shall continue until September 30, 1977, and a final report shall be submitted no later than December 31, 1977. Approved May 23, 1975.

LEGISLATIVE HISTORY: HOUSE REPORTS: No. 94-197 (Comm. on the Judiciary) and No. 94-230 (Comm. of Conference). SENATE REPORT No. 94-119 accompanying S. 1661 (Comm. on Foreign Relations). CONGRESSIONAL RECORD, Vol. 121 (1975): May 14, considered and passed House. May 16, considered and passed Senate, amended, in lieu of S. 1661. May 21, Senate and House agreed to conference report.

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Page:Hockey, Canada's Royal Winter Game.djvu/87

 THE QUEENS COLLEGE HOCKEY TEAM, KINGSTON. ☘

AS organized in 1887, and was one of the prime movers in the formation of the Ontario Union. The Kingston players are Inter-collegiate Champions of America and winners of the O. H. A. Senior Championship. Their Record in the O. H. A. is better than that of any other team in the league. Since 1891 they have been first four times, and in the finals, seven. They have twice played for the Stanley Cup—in 1895, against the Montrealers; and in 1899, against the Shamrocks.


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Page:United States Statutes at Large Volume 89.djvu/149

 PUBLIC LAW 94-24—MAY 23, 1975

89 STAT. 89

Public Law 94-24 94th Congress An Act Making appropriations for special assistance to refugees from Cambodia and Vietnam for the fiscal year ending June 30, 1975, and for other purposes.

May 23, 1975 [H.R. 68941

Be it enacted by the Senate mid House of Representatives of the United States of America in Congress assembled, That the following sums are appropriated, out of any money in the Treasury not otherwise appropriated, for special assistance to refugees from Cambodia and Vietnam for the fiscal year ending June 30, 1975, and for other purposes; namely: TITLE I

Cambodian and Vietnamese refugees. Special assistance, appropriation,,

DEPARTMENT OF STATE OTHER SPECIAL ASSISTANCE TO REFUGEES FROM CAMBODIA AND VIETNAM

For necessary expenses, not otherwise provided for, for the relocation and resettlement of refugees from Cambodia and Vietnam, $305,000,000, to remain available until June 30, 1976.

DEPARTMENT OF HEALTH, EDUCATION, AND WELFARE SOCIAL AND REHABILITATION

SERVICE

SPECIAL A S S I S T A N C E TO REFUGEES FROM CAMBODIA AND VIETNAM I N THE UNITED STATES

For assistance to refugees from Cambodia and Vietnam in the United States, to remain available for obligation through June 30, 1976, $100,000,000. TITLE II GENERAL PROVISION S E C 201. No funds appropriated in this Act shall be used, directly or indirectly, to aid the Democratic Republic of Vietnam (DRV) or the Provisional Revolutionary Government ( P R G), nor shall any funds appropriated under this Act be channeled through or administered by the DRV or the PRG, nor shall any funds appropriated under this Act be channeled through or administered by international organizations or voluntary agencies to aid the DRV or the PRG. Approved May 23, 1975.

LEGISLATIVE HISTORY: HOUSE REPORT No. 94-204 (Comm. on Appropriations). SENATE REPORT No. 94-138 (Comm. on Appropriations). CONGRESSIONAL RECORD, Vol. 121 (1975): May 14, considered and passed House. May 16, considered and passed Senate.

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Page:United States Statutes at Large Volume 89.djvu/150

 89 STAT. 90

PUBLIC LAW 94-25—MAY 26, 1975

Public Law 94-25 94th Congress An Act May 26, 1975 [H.R. 4975]

Amtrak Improvement Act of 1975. 45 USC 501 note.

Customs inspection and immigration procedures.

Experimental routes.

Seasonal routes, studies.

Discontinuance of service.

To amend the Rail Tassenger Service Act to provide financial assistance to the National Railroad Passenger Corporation, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled. That this Act may be cited as the " A m t r a k Improvement Act of 1975". SEC. 2. Section 303(d) of the Kail Passenger Service Act (45 U.S.C. 5 4 3 (d)), relating to officers of the Corporation, is amended by inserting immediately before the period at the end of the t h i r d sentence thereof the following: "; except that this limitation upon compensation shall not apply in the case of the president of the Corporation if the board determines with respect to such officer that a higher level of compensation is necessary and is not higher than $85,000 or the general level of compensation paid officers of railroads in positions of comparable responsibility, whichever is lesser". SEC. 3. Section 305 of such Act (45 U.S.C. 545), relating to general powers of the Corporation, is amended by striking out subsection (f), as added by section 4 of the A m t r a k Improvement Act of 1974 (88 Stat. 1527), and inserting in lieu thereof the following: " (h) The Secretary of the Treasury and the Attorney General shall (consistent with the effective enforcement of the immigration and customs laws) establish and maintain, in cooperation with the Corporation, en route customs inspection and immigration procedures aboard trains operated in international intercity rail passenger service, which procedures will be convenient for passengers and will result in the most rapid possible transit in international intercity rail passenger service.". SEC. 4. (a) The first sentence of section 308(b) of such Act (45 U.S.C. 548 (b)), relating to reports, is amended by striking out "the precedingyear" and inserting in lieu thereof "the preceding fiscal year". (b) Sectioji 308(c) of such Act (45 U.S.C. 5 4 8 (c)), relating to reports, is amended by adding at the end thereof the following new sentence: "Beginning in 1976, the Secretary's report on the Corporation shall be made part of the Department of Transportation annual report to the Congress." SEC. 5. Section 403(c) of such Act (45 U.S.C. 5 6 3 (c)), relating to experimental routes, is amended— (1) by striking out "the Secretary" in the first sentence and in the t h i r d sentence and inserting in lieu thereof in each such sentence "the Board of Directors"; and (2) by inserting immediately after "the Secretary" in the second sentence ", in consultation with the Board of Directors,". SEC. 6. Section 403(b) of such Act (45 U.S.C. 563(b)) is amended by adding at the end thereof the following new sentence: " The Corporation, at the request of States, may conduct studies during the fiscal year ending June 30, 1976', to determine benefits of seasonal routes to recreational areas. SEC. 7. Section 404(b) of such Act (45 U.S.C. 5 6 4 (b)), relating to discontinuance of service, is amended— (1) by striking out " July 1, 1975" in paragraph (1) and paragraph (3) and inserting in lieu thereof in each such paragraph "October 1, 1976"; and (2) by striking out " July 1, 1975" in the second sentence of paragraph (2) and inserting in lieu thereof "March 1, 1977". SEC. 8. Section 404 of such Act (45 U.S.C. 564), relating to discontinuance of service, is amended by adding at the end thereof the following new subsection:

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Page:United States Statutes at Large Volume 89.djvu/151

 PUBLIC LAW 94-25—MAY 26, 1975 " (c)(1) W i t h i n 120 days after the date of enactment of this subsection, the board of directors of the Corporation shall study, develop, and submit to the Secretary, to the Commission, and to the Congress an initial proposal setting forth criteria and procedures under which the Corporation would be authorized to add or discontinue routes and services. Such criteria and procedures shall include, but need not be limited to— " (A) methods for evaluating the economic and environmental impact of any addition or discontinuance of intercity rail passenger service including an evaluation of the economic impact to the Corporation and to the nation of the addition of new service points along existing or new inter-city routes within the Northeast Corridor; " (B) methods for evaluating the effects of any such addition or discontinuance on connecting part s of the national system of intercity rail passenger service; " (C) methods for estimating, with respect to any such addition or discontinuance, the population to be aifected, the demand for intercity rail passenger service, the revenue per passenger mile, and the effect on capital costs and revenue of the Corporation; " (D) methods for evaluating the availability of alternative modes of transportation; " (E) methods for giving public notice of, and obtaining public comments on, any such addition or discontinuance; and " (F) methods for establishing a priority ranking system for routes and trains to meet the needs of the public convenience and necessity for a balanced tranportation system, taking into consideration the criteria and procedures referred to in subparagraphs (A) through (E) of this paragraph, together with such other criteria as the board of directors deems appropriate. " (2) W i t h i n 150 days after the date of enactment of this subsection, the Secretary and the Commission shall submit to the Congress and to the board of directors of the Corporation their comments on the initial proposal setting forth criteria and procedures developed by the board of directors of the Corporation, together with such recommendations as they may deem appropriate. " (3) W i t h i n 30 days after receipt of comments submitted by the Secretary and the Commission under paragraph (2) of this subsection, the board of directors of the Corporation shall consider such comments and shall submit to the Congress a final proposal setting forth criteria and procedures under which the Corporation would be authorized to add or discontinue routes and services within the national system of intercity rail passenger service. The criteria and procedures set forth in such final proposal shall take effect at the end of the first period of 60 calendar days of continuous session of the Congress after the date of its submission, unless either the Senate or the House of Representatives adopts a resolution during such period stating that it does not approve such final proposal. If no resolution is adopted as provided in the preceding sentence, the Corporation may add or discontinue routes and services in accordance with the criteria and procedures set forth in the final proposal, notwithstanding the provisions of section 13a of the Interstate Commerce Act or of section 404(b)(3) of this Act, relating to discontinuance of service within the basic system. Service beyond the basic system referred to in section 404(b)(2) of this Act shall not be discontinued under this subsection until March 1, 1977. For purposes of this paragraph, continuity of session of the Congress is broken only by an adjournment sine die, and the days on which either House is not in session because of an adjournment of more than 3 days to a day certain are excluded from the computation of the 60-day period.".

89 STAT, 9 1 Criteria and procedures, submittal to Secretary of Transportation, Interstate Commerce Commission, and Congress.

Comments and recommendations, submittal to Congress and National Railroad Corporation. Final proposal, submittal to Congress.

49 USC 13a. Ante, p. 90.

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Page:A book of the Pyrenees.djvu/152

118 of rock and bare precipices pierced with caves border the Gave, that flows between the green lips of rich pastures. A fine peak, the Trône-du-Roi, stands up on the left bank. For the most part the mountain slopes are bare, growing nothing but box shrubs, and yet at one time hence came the tall pines that furnished the navy of France with masts. They were improvidently hewn down, and floated in rafts to Bayonne, and no thought was given to replanting, so that they were completely exhausted in 1780. At Sarrance the valley expands. The village borders a sweep of the Gave, under the Signal de Sarrance, rising to the height of 4210 feet, cleft by a ravine well wooded, and with sweet green pastures. To the south is another peak, clothed in forest, rising to 4380 feet. The Val d'Aspe formed one of those independent commonwealths of which in the Middle Ages there were so many in the Pyrenees. It was under the suzerainty of the viscounts of Béarn, but enjoyed complete self-government. In 1477 the Procureur-Général of Béarn claimed the forests as the property of the viscount, but the inhabitants protested that the Val d'Aspe existed before the viscounty had been constituted. The case was tried in the court at Pau, and judgment was given in favour of the little republic. The Aspois always were proud and independent. But unhappily a fever for emigration to South America has set in and has depopulated the valley seriously. In 1862 the inhabitants numbered 11,368, but in 1901 they had fallen to 7977. And this is not due to poverty, for there is not a beggar to be found in the valley. Sarrance takes its name from the situation—sarrada in Béarnais is "narrow" and ance is a "passage." A bridge wreathed with ivy spans the stream, near a chapel. A

title: Page:A book of the Pyrenees.djvu/152


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Page:United States Statutes at Large Volume 89.djvu/152

 89 STAT. 92

PUBLIC LAW 94-25—MAY 26, 1975

Financial investment advisory panel. Appropriation authorization.

SEC. 9. Such Act is amended by striking out title V, relating to the financial investment advisory panel (45 U.S.C. 581-583). SEC, 10. Section oOl(a) of such Act (45 U.S.C. 6 0 1 (a)), relating to authorization of appropriations, is amended— (1) by striking out "in subsequent fiscal years a total of $534,300,000" in the first sentence and inserting in lieu thereof "in subsequent fiscal years through June 30, 1975, a total of $597,300,000"; and (2) by inserting immediately after the first sentence the following " The r e are authorized to be appropriated to the Secretary for the benefit of the Corporation (1) for the payment of operating expenses for the basic system, and for operating and capital expenses of intercity rail passenger service provided pursuant to section 403(b) of this Act, $350,000,000 for fiscal year 1976, $105,000,000 for the transition period of July 1, 1976, through September 30, 1976 (hereafter in this section referred to as the 'transition period^) and $.355,000,000 for fiscal year 1977; and (2) for the payment of capital expenditures of the basic system, $110,000,000 for fiscal year 1976; $25,000,000 for the transition period; and $110,000,000 for fiscal year 1977. Of the amounts authorized by clause (1) of the preceding sentence, not more than $25,000,000 for fiscal year 1976, $7,000,000 for the transition period, and $30,000,000 for fiscal year 1977 shall be available for payment of operating and capital expenses of intercity rail passenger service provided pursuant to section 403(b) of this Act.". SEC. 11. Section 602 of such Act (45 U.S.C. 602), relating to guarantee of loans, is amended— (1) by striking out subsection (a) and inserting in lieu thereof the following: " (a) The Secretary is authorized, on such terms and conditions as he may prescribe, and with the approval of the Secretary of the Treasury, to guarantee any lender or lessor against loss of principal and interest or other contractual commitments, including rentals, on securities, obligations, leases, or loans (including refinancing thereof) issued to finance the u p g r a d i n g of roadbeds, and the purchase or lease by the Corporation or an agency of new rolling stock, rehabilitation of existing rolling stock, reservation systems, switch and signal systems, and other capital equipment and facilities necessary for the improvement of rail passenger service. The m a t u r i t y date or term of such securities, obligations, leases, or loans, including all extensions and renewals thereof, shall not be later than 20 years from their date of issuance."; (2) by striking out subsection (c) and inserting in lieu thereof the following: " (c) Any guarantee made by the Secretary under this section shall not be terminated, canceled or otherwise revoked; shall be conclusive evidence that such guarantee complies fully with the provisions of this Act and of the approval and legality of the principal amount, interest rate, lease rate, and all other terms of the securities, obligations, leases, or loans and of the guarantee, and shall be valid and incontestable in the hands of a holder of a guaranteed security, obligation, lease, or loan, except for fraud or material misrepresentation on the part of such holder."; (3) by striking out "obligations, or loans" in subsection (d) and inserting in lieu thereof "obligations, leases, or loans"; (4) by striking out "obligation, or loan" each place it appears in subsection (g) and inserting in lieu thereof in each such place "obligation, lease, or l o a n "; and (5) by striking out "a loan" in subsection (i) and inserting in lieu thereof "a lease or loan".

45 USC 563.

Guarantee of loans.

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Page:United States Statutes at Large Volume 89.djvu/153

 PUBLIC LAW 94-25—MAY 26, 1975

89 STAT. 91

SEC. 12. Section r01(c)(l) of such Act (45 U.S.C. 621(c)(1)), Liquidation of relating to liquidation of the assets of any railroad recipient of a assets. loan or loan guarantee, is amended by adding at the end thereof the following new sentence: "In the case of a railroad in reorganization (as defined in section 102(12) of the Regional Rail Reorganization Act of 1973) which has an agreement with the Corporation to provide 45 USC 702. intercity rail passenger service on the date of enactment of this sentence, the sale by such railroad of any right-of-way or track over which the Corporation is required to provide intercity rail passenger service on such date of enactment (as an experimental route designated by the Secretary before such date of enactment) shall be deemed to be a liquidation of the assets of such railroad under the first sentence of this paragraph, and the Secretary shall acquire such right, title, and interest in such right-of-way or track, and restore it to such condition, as may be necessary to permit the Corporation to provide intercity rail passenger service over the designated route.". SEC. 13. Section 4(i)(2) of the Department of Transportation Act, Railroad terminal as added by the Amtrak Improvement Act of 1974 (94 U.S.C. 1653 conversion, _(i)(2)), is amended by striking out the last two sentences and insert- grants, limitation. ing in lieu thereof the following: "Any grant made by the Secretary 49 USC 1653. under this paragraph shall not exceed 60 per centum of the total cost of conversion of a railroad passenger terminal into an intermodal transportation terminal.". Approved May 26, 1975.

LEGISLATIVE HISTORY: HOUSE REPORT No. 94-119 (Comm. on Interstate and Foreign Commerce). SENATE REPORT No. 94-65 accompanying S. 852 (Comm. on Commerce). CONGRESSIONAL RECORD, Vol. 121 (1975): Apr. 24, considered and passed House. May 8, 13, considered and passed Senate. WEEKLY COMPILATION OF PRESIDENTIAL DOCUMENTS, Vol. 11, No. 22: May 26, Presidential statement.

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Page:United States Statutes at Large Volume 89.djvu/154

 PUBLIC LAW 94-26—MAY 27, 1975

89 STAT. 94

Public Law 94-26 94th Congress An Act May 27, 1975 [H.R. 4269] Guam and the Virgin Islands.

To amend the Organic Act of Guam and the Revised Organic Act of the Virgin Islands.

Be it enacted by the Senate amd House of Representatives of the United States of America in Congress assembled, GUAM

1. The Organic Act of Guam (48 U.S.C. 1421 and following) is amended by inserting after section 34 the following new section: "SEC. 35. Notwithstanding any other provision of law, the clerk hire allowance and the transportation expenses subject to reimbursement under Federal law of the Delegate from Guam to the United States House of Representatives shall each be the same as allowed for Members of the United States House of Representatives.". SECTION

48 USC 1421k-l.

VIRGIN ISLANDS

48 USC 1596.

SEC. 2. The Revised Organic Act of the Virgin Islands (48 U.S.C. 1541 and following) is amended by inserting after section 14 the following new section: "SEC. 15. Notwithstanding any other provision of law, the clerk hire allowance and the transportation expenses subject to reimbursement under Federal law of the Delegate from the Virgin Islands to the United States House of Representatives shall each be the same as allowed for Members of the United States House of Representatives.". Approved May 27, 1975.

LEGISLATIVE HISTORY: HOUSE REPORT No. 94-150 (Comm. on Interior and Insular Affairs). SENATE REPORT No. 94-140 (Comm. on Interior and Insular Affairs). CONGRESSIONAL RECORD, Vol. 121 (1975): Apr. 21, considered and passed House. May 19, considered and passed Senate.

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Page:United States Statutes at Large Volume 89.djvu/155

 PUBLIC LAW 94-27—MAY 28, 1975

89 STAT. 95

Public Law 94-27 94th Congress An Act To amend section 2 of the Act of June 30, 1954, as amended, providing for the continuance of civil government for the Trust Territory of the Pacific Islands.

May 28, 19 / 5 [S. 326]

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That section 2 of the Act of June 30, 1954 (68 Stat. 330), as amended, is amended by deleting "and for each of the fiscal years 1974 and 1975, $60,000,000'* and inserting in lieu thereof the following: "for fiscal year 1975, $75,000,000". SEC. 2. There is authorized to be appropriated $1,500,000 to aid in the transition of the Mariana Islands District to a new Commonwealth status as a territory of the United States: Provided, however, That no part of such sum may be obligated or expended until final agreement between Marianas Political Status Commission and the United States has been approved by the Congress.

Trust Territory of t^e Pacific J,*^^?*^^continulncr^"*' ^g ^g^; j^gj note, Appropriation authorization, 48 USC 1681 "o*^-

Approved May 28, 1975.

LEGISLATIVE HISTORY: HOUSE REPORT No. 94-188 (Comm. on Interior and Insular Affairs). SENATE REPORT No. 94-20 (Comm. on Interior and Insular Affairs). CONGRESSIONAL RECORD, Vol. 121 (1975): Mar. 17, considered and passed Senate. May 5, considered and passed House, amended May 16, Senate concurred in House amendment.

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Page:United States Statutes at Large Volume 89.djvu/156

 89 STAT. 96

PUBLIC LAW 94-28—MAY 28, 1975

Public Law 94-28 94th Congress An Act May Za, L\fio [H.R. 7136]

Special supplemental food program. lime extension.

rp^ continue the special supplemental food program for women, infants, and children through September 30, 1975.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That section 17 of ^^e Child Nutrition Act of 1966 (80 Stat. 885, as amended; 42 U.S.C. ^ ^^^ ^^ inserting after "1975," in the first sentence of subsection (a) the following: "and for the period July 1, 1975, through September 30, 1975,"; and (b) by inserting after "1975," in the third sentence of subsection (b) the following: "and for the period July 1, 1975, through September 30, 1975,". Approved May 28, 1975.
 * ^Y86) is amended—

LEGISLATIVE HISTORY: SENATE REPORT No. 94-158 accompanying S. 1780 (Comm. on Agriculture and Forestry). CONGRESSIONAL RECORD, Vol. 121 (1975): May 21, considered and passed House. May 22, considered and passed Senate, in lieu of S. 1780.

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Page:United States Statutes at Large Volume 89.djvu/157

 PUBLIC LAW 94-29—JUNE 4, 1975

89 STAT. 97

Public Law 94-29 94th Congress An Act To amend the Securities Exchange Act of 1934 to remove barriers to competition, to foster the development of a national securities market system and a national clearance and settlement system, to make uniform the Securities and Exchange Commission's authority over self-regulatory organizations, to provide for the regulation of brokers, dealers and banks trading in municipal securities, to facilitate the collection and public dissemination of information concerning the holdings of and transactions in securities by institutional Investment managers, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That this Act may be cited as the "Securities Acts Amendments of 1975". SEC. 2. Section 2 of the Securities Exchange Act of 1934 (15 U.S.C 78b) is amended by inserting immediately before the phrase "and to impose requirements necessary to make such regulation and control reasonably complete and effective," the following: "to remove impediments to and perfect the mechanisms of a national market system for securities and a national system for the clearance and settlement of securities transactions and the safeguarding of securities and funds related thereto,". SEC. 3. Section 3 of the Securities Exchange Act of 1934 (15 U.S.C. 78c) is amended as follows: (1) Paragraph (3) of subsection (a) thereof is amended to read as follows: "(3)(A) The term 'member' when used with respect to a national securities exchange means (i) any natural person permitted to effect transactions on the floor of the exchange without the services of another person acting as broker, (ii) any registered broker or dealer with which such a natural person is associated, (iii) any registered broker or dealer permitted to designate as a representative such a natural person, and (iv) any other registered broker or dealer which agrees to be I'egulated by such exchange and with I'espect to which the exchange undertakes to enforce compliance with the provisions of this title, the rules and regulations thereunder, and its own rules. For purposes 6f sections (b)(1), 6(b)(4), 6(b)(6), 6(b)(7), 6(d), 17(d), 19(d), 19(e), 19(g), 19(h), and 21 of this title, the term 'member' when used with respect to a national securities exchange also means, to the extent of the rules of the exchange specified by the Commission, any person required by the Commission to comply with such rules pursuant to section 6(f) of this title. "(B) The term 'member' when used with respect to a registered securities association means any broker or dealer who agrees to be regulated by such association and with respect to whom the association undertakes to enforce compliance with the provisions of this title, the rules and regulations thereunder, and its own rules.". (2) Paragraph (9) thereof is amended to read as follows: "(9) The term 'person' means a natural person, company, government, or political subdivision, agency, or instrumentality of a government.". (3) Paragraph (12) of subsection (a) thereof is amended to read as follows: "(12) The term 'exempted security' or 'exempted securities' includes securities which are direct obligations of, or obligations guaranteed as to principal or interest by, the United States; such securities issued or guaranteed by corporations in which the United States has a direct or indirect interest as shall be designated for exemption by the Secretary of the Treasury as necessary or appropriate in the public interest or

June 4, 1975 [S. 249]

Securities Acts Amendments of 1975. 15 USC 78a note. Necessity for regulation.

Definitions.

Post, pp. 104, 137, 146, 154.

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Page:United States Statutes at Large Volume 89.djvu/158

 89 STAT. 98 Post, p. 101. Post, pp. 121, 127, 141.

26 USC 401. 26 USC 404.

Post, p. 121.

15 USC 80a-2.

PUBLIC LAW 94-29—JUNE 4, 1975 for the protection of investors; municipal securities, as defined in section 3(a) (29) of this title: Provided, however, That municipal securities shall not be deemed to be 'exempted securities' for purposes of sections 15, 15A (except subsections (b)(6), (b) ( l l), and (g)(2) thereof), and 17A of this title; any interest or participation in any common trust fund or similar fund maintained by a bank exclusively for the collective investment and reinvestment of assets contributed thereto by such bank in its capacity as trustee, executor, administrator, or guardian; any interest or participation in a collective trust fund maintained by a bank or in a separate account maintained by an insurance company which interest or participation is issued in connection with (A) a stock bonus, pension, or profit-sharing plan which meets the requirements for qualification under section 401 of the Internal Revenue Code of 1954, or (B) an annuity plan which meets the requirements for the deduction of the employer's contribution under section 404(a)(2) of such Code, other than any plan described in clause (A) or (B) of this paragraph which covers employees some or all of whom are employees within the meaning of section 401(c)(1) of such Code, and such other securities (which may include, among others, unregistered securities, the market in which is predominantly intrastate) as the Commission may, by such rules and regulations as it deems consistent with the public interest and the protection of investors, either unconditionally or upon specified terms and conditions or for stated periods, exempt from the operation of any one or more provisions of this title which by their terms do not apply to an 'exempted security' or to 'exempted securities'.". (4) Paragraphs (17), (18), and (19) of subsection (a) thereof are amended to read as follows: " (17) The term 'interstate commerce' means trade, commerce, transportation, or communication among the several States, or between any foreign country and any State, or between any State and any place or ship outside thereof. The term also includes intrastate use of (A) any facility of a national securities exchange or of a telephone or other interstate means of communication, or (B) any other interstate instrumentality. "(18) The term 'person associated with a broker or dealer' or 'associated person of a broker or dealer' means any partner, officer, director, or branch manager of such broker or dealer (or any person occvipying a similar status or performing similar functions), any person directly or indirectly controlling, controlled by, or under common control with such broker or dealer, or any employee of such broker or dealer, except that any person associated with a broker or dealer whose functions are solely clerical or ministerial shall not be included in the meaning of such term for purposes of section 15(b) of this title (other than paragraph (6) thereof). "(19) The terms 'investment company', 'affiliated person', 'insurance company', 'separate account', and 'company' have the same meanings as in the Investment Company Act of 1940.". (5) Paragraph (21) of subsection (a) thereof is amended to read as follows: "(21) The term 'person associated with a member' or 'associated person of a member' when used with respect to a member of a national securities exchange or registered securities association means any partner, officer, director, or branch manager of such member (or any person occupying a similar status or performing similar functions), any person directly or indirectly controlling, controlled by, or under common control with such member, or any employee of such member.". (6) Subsection (a) thereof is further amended by adding at the end thereof the following new paragraphs:

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