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(PUBLIC LAW 755—77TH CONGRESS)
(CHAPTER 621—2D SESSION)

H. R. 5143]

AN ACT To amend the Home Owners' Loan Act of 1933, as amended. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the ninth sentence of subsection (c) of section 4 of Home Owners' Loan Act of 1933, as amended, is hereby amended by striking the period at the end thereof and adding a colon and the following: “Provided, That any building now or hereafter owned by the Corporation in the District of Columbia and used in whole or in part as an office building of the Corporation, the Federal Home Loan Bank Board, the Federal Home Loan Bank Administration, and/or the Federal Savings and Loan Insurance Corporation, together with the land upon which the same stands, and all appurtenances, buildings, and land now or hereafter owned by the Corporation and used principally in connection with any such office building, shall be exempt from any and all taxation heretofore or hereafter imposed." Approved, October 24, 1942.

(156)

(PUBLIC LAW 760—77TH CONGRESS)
(CHAPTER 626—2D SEBBION]

(8. 3706)

AN AOT To amend the Act entitled "An Act to expedite national defenso, and for other

purposes," approved June 28, 1940 (64 Stat. 676), and "Title IV of the Naval Appropriation Act for the fiscal year 1941”, approved September 9, 1940 (54 Stat. 883).

Be it enacted by the Senate and House of Representatives of the United States of America in Congr888 assembled, That the Act entitled "An Act to expedite national defense, and for other purposes," approved June 28, 1940 (64 Stat. 676), is hereby amended as follows: (a) title II, section 201, lines 7 and 8, strike out the parenthesis and the words "excluding officers" and insert in lieu thereof the following: "and officers of the Army and Marine Corps not above the grade of captain, and officers of the Navy and Coast Guard, not above the grade of lieutenant"; (b) title II, section 202 (a), line 3, after the word "the" insert "officers,".

Seo. 2. The third proviso under the caption "Navy Department" in title IV of the Naval Appropriation Act for the fiscal year 1941, approved September 9, 1940 (B4 Stat. 883), is amended by inserting between the words "to" and "enlisted” in line 8 of the third proviso, the following: "officers of the Army and Marine Corps not above the grade of captain, and officers of the Navy and Coast Guard, not above the grade of lieutenant, with families, assigned to duty at naval or military reservations, posts, or bases, or to duty at defense industries, to”, so that the third proviso as amended shall read: "Provided further, that

the Secretary of War and the Secretary of the Navy, at their discretion, are hereby authorized to rent such housing units, upon completion, to officers of the Army and Marine Corps not above the grade of captain, and officers of the Navy and Coast Guard, not above the grade of lieutenant, with families, assigned to duty at naval or military reservations, posts, or bases, or to duty at defense industries, to enlisted men of the Army, Navy, Marine Corps with families, to field employees of the Military and Naval Establishments with families, and to workers with families who are engaged, or to be engaged in industries essential to the military and naval national detense programs, including work on ships under the control of the Maritime Commission. The Secretary of War and the Secretary of the Navy are further authorized to use such rentals as may be collected from each housing project for the management and maintenance of the housing units therein, including utilities, roads, walks, and accessories, and to set up special reserve accounts for the amortization of the cost of the project:". Approved, October 26, 1942.

(PUBLIC LAW 15—78TH CONGRESS)
(CHAPTER 21—1st SBRSION)

[S. 677)

AN ACT To amend the National Housing Act, as amended. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That section 603 (a) of the National Housing Act, as amended, is hereby amended by (1) striking out “$800,000,000” and inserting in lieu thereof "$1,200,000,000"; and (2) striking out of the third proviso "July 1, 1943” in each place where it appears and inserting in lieu thereof "July 1, 1944”.

SEO. 2. The first sentence of section 2 (a) of such Act as amended, is amended by striking out “1943” and 'inserting in lieu thereof “1944”. Approved March 23, 1943.

(158)

(PUBLIC LAW 119–78TH CONGRESS)
(CHAPTER 196—1st SESSION)

(S. 1109)

AN ACT To increase by $300,000,000 the amount authorized to be appropriated for defense housing under the Act of October 14, 1940, as amended, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That section 3 of the Act entitled "An Act to expedite the provision of housing in connection with national defense, and for other purposes”, approved October 14, 1940, as amended, is amended by striking out “$1.200,000,000" and inserting in lieu thereof “$1,500,000,000".

SEC. 2. That section 3 of said Act approved October 14, 1940, as amended, is amended by striking out the period at the end thereof and inserting in lieu thereof a colon and a further proviso, as follows: "Provided further, That the term 'administrative expenses' as used herein shall be deemed to include administrative expenses of the National Housing Agency in connection with any functions performed by it with respect to priorities or allocations of materials relating to public or private housing for persons engaged in national defense activities."

Sec. 3. That section 303 of said Act, approved October 14, 1940, as amended, is amended to read as follows:

"Sec. 303. Moneys derived from rental or operation of property acquired or constructed under the provisions of this Act, of Public Laws Numbered 9, 73, and 353, Seventy-seventh Congress, and of section 201 of the Second Supplemental National Defense Appropriation Act, 1941, as amended, shall be available for expenses of operation and maintenance and expenses found necessary in the disposition of any such property or the removal of temporary housing by the Administrator, including the establishment of necessary reserves therefor and administrative expenses in connection therewith: Provided, That moneys derived by the Administrator from the rental or operation of any such property may be deposited in a common fund account or accounts in the Treasury: And provided further, That except for necessary reserves authorized by this Act or by section 201 of the Second Supplemental National Defense Appropriation Act, 1941, as amended, the unobligated balances of the moneys deposited into the Treasury from the rental or operation of such property shall be covered at the end of each fiscal year into miscellaneous receipts.”

Sec. 4. That the said Act approved October 14, 1940, as amended, is further amended by adding at the end of title III the following new section:

"Sec. 313. The Administrator shall, as promptly as may be practicable and in the public interest, remove all housing under his jurisdiction which is of a temporary character, as determined by him, and constructed under the provisions of this Act, Public Law 781, Sevonty-sixth Congress, and Public Laws 9, 73, and 853, Seventy-seventh Congress. Such removal shall, in any event, be accomplished not later than two years after the President declares that the emergency declared by him on September 8, 1939, has ceased to exist, with the exception only of such housing as the Administrator, after consulta tion with local communities finds is still needed in the interest of the orderly demobilization of the war effort: Provided, That all such exceptions shall be reexamined annually by the Administrator and that all such exceptions and reexaminations shall be reported to the Congress.”

Approved July 7, 1948.

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