Federal Financing Bank Act: Hearings ..., 93-1, March 1, 19731973 - 71 pages |
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AFL-CIO amended American amount appropriation authority BETHKE bill billion bonds borrowing costs budget Chairman Mills CONABLE Congress coordination debt ceiling debt management deleted DUNCAN effect establish a Federal exempt Farmers Home Administration Federal agency Federal and federally Federal Financing Bank Federal Home Loan federally assisted borrowing federally guaranteed Financing Bank Act financing terms fiscal funds GNMA going GRIFFITHS guarantee program guaranteed obligations Home Loan Bank Housing and Urban large numbers limit Loan Bank Board Maritime Administration Maritime Trades Department Merchant Marine Act National League obligations guaranteed obligations issued operating Postal Reorganization Act Postal Service prior approval problems provisions purchase purpose require SCHLEFER Secretary of Commerce securities market sell Senate shipbuilding sold statement statute subsidy tanker tax-exempt terms and conditions tion Title XI guarantee Title XI program Treasury Department U.S. Government U.S. Postal Service ULLMAN United urban renewal VANIK vessel VOLCKER WILBUR D
Popular passages
Page 22 - All redemptions, purchases, and sales by the Secretary of the Treasury of such notes or other obligations shall be treated as public debt transactions of the United States.
Page 2 - States, and such guaranty shall be expressed on the face thereof, and such bonds shall be lawful investments, and may be accepted as security for all fiduciary, trust, and public funds, the investment or deposit of which shall be under the authority or control of the United States or any officer or officers thereof.
Page 3 - Authority shall, as soon as practicable after the end of each fiscal year, transmit to the President and the Congress an annual report of its operations and activities.
Page 4 - If any provision of this Act or the application thereof to any person or circumstance is held invalid, the remainder of the Act and the application of such provisions to other persons or circumstances shall not be affected thereby.
Page 2 - ... determine the character of and the necessity for its obligations and expenditures, and the manner in which they shall be incurred, allowed, and paid...
Page 2 - ... (6) to accept gifts or donations of services, or of property, real, personal, or mixed, tangible or intangible, in aid of any of the purposes of the...
Page 1 - Treasury under this subsection shall be upon such terms and conditions as to yield a return at a rate not less than a rate determined by the...
Page 3 - Authority, its property, its franchise, capital, reserves, surplus, security holdings, and other funds, and its income shall be exempt from all taxation now or hereafter imposed by the United States or by any State or local taxing authority...
Page 2 - The Secretary of the Treasury is authorized and directed to purchase any obligations of the Corporation to be issued hereunder and for such purpose the Secretary of the Treasury is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act...
Page 22 - ... fund, less the average undisbursed cash balance in the fund during the year. The rate of such interest shall be determined by the Secretary of the Treasury, taking into consideration the average market yield during the month preceding each fiscal year on outstanding Treasury obligations of maturity comparable to the average maturity of loans made from the fund.