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CHAPTER IV-REORGANIZATION PLANS

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SECTION 101. Functions of the Alien Property Custodian. (a) Except as provided by subsection (b) of this section, all functions vested by law in the Alien Property Custodian or the Office of Alien Property Custodian are transferred to the Attorney General and shall be performed by him or, subject to his direction and control, by such oficers and agencies of the Department of Justice as he may designate.

(b) The functions vested by law in the Allen Property Custodian or the Office of Alien Property Custodian with respect to property or interests located in the Philippines or which were so located at the time of vesting in or transfer to an oficer or agency of the United States under the Trading with the Enemy Act, as amended, are transferred to the President and shall be performed by him or, subject to his direction and control, by such oficers and agencies as he may designate.

Sec. 102. Approval of agricultural marketing orders. The function of the President with respect to approving determinations of the Secretary of Agriculture in connection with agricultural marketing orders, under the Agricultural Marketing Agreement Act of 1937, as amended (7 U.S. C. 608C (9)), is abolished.

PART II. DEPARTMENT OF THE TREASURY

SEC. 201. Contract settlement functions. The functions of the Director of Contract Settlement and of the Office of Contract Settlement are transferred to the Secretary of the Treasury and shall be performed by him or, subject to his direction and control, by such officers and agencies of the Department of the Treasury as he may designate. The Contract Bettlement Advisory Board created by

section 5 of the Contract Settlement Act of 1944 (58 Stat. 649) and the Appeal Board established under section 13 (d) of that Act are transferred to the Department of the Treasury: Provided, That the functions of the boards shall be performed by them, respectively, under such conditions and limitations as may now or hereafter be prescribed by law. The Office of Contract Settlement is abolished.

SEC. 202. National Prohibition Act functions. The functions of the Attorney General and of the Department of Justice with respect to (a) the determination of Internal Revenue taxes and penalties (exclusive of the determination of liability guaranteed by permit bonds) arising out of violations of the National Prohibition Act occurring prior to the repeal of the eighteenth amendment to the Constitution, and (b) the compromise, prior to reference to the Attorney General for suit, of liability for such taxes and penalties, are transferred to the Commissioner of Internal Revenue, Department of the Treasury: Provided, That any compromise of such liability shall be effected in accordance with the provisions of section 3761 of the Internal Revenue Code. All files and records of the Department of Justice used primarily in the administration of the functions transferred by the provisions of this section are hereby made available to the Commissioner of Internal Revenue for use in the administration of such functions.

PART III. DEPARTMENT OF AGRICULTURE

SEC. 301. Agricultural research functions. The functions of the following agencies of the Department of Agriculture, namely, the Bureau of Animal Industry, the Bureau of Dairy Industry, the Bureau of Pl Industry, Soils, and Agricultural Engineering, the Bureau of Entomology and Plant Quarantine, the Bureau of Agricultural and Industrial Chemistry, the Bureau of Human Nutrition and Home Economics, the Office of Experiment Stations, and the Agricultural Research Center, together with the functions of the Agricultural Research Administrator, are transferred to the

Secretary of Agriculture and shall be cancy in the office of Administrator, and performed by the Secretary or, subject shall perform such other duties as the to his direction and control, by such of- Administrator may prescribe. ficers and agencies of the Department

PART VI. GENERAL PROVISIONS of Agriculture as he may designate.

SEC. 601. Termination of functions. PART IV. FEDERAL DEPOSIT INSURANCE

Nothing contained in this reorganization CORPORATION

plan shall be deemed to extend the duraSEC. 401. Credit union functions. The tion of any function beyond the time functions of the Farm Credit Adminis- when it would otherwise expire as protration and the Governor thereof under vided by law. the Federal Credit Union Act,

as

SEC. 602. Transfer of records, property, amended, together with the functions of

personnel, and funds. There are hereby the Secretary of Agriculture with respect

transferred to the respective agencies in thereto, are transferred to the Federal

which functions are vested pursuant to Deposit Insurance Corporation.

the provisions of this plan, to be used,

employed, and expended in connection PART V. WAR ASSETS ADMINISTRATION

with such functions, respectively, or in SEC. 501. War Assets Administration

winding up the affairs of agencies aboland War Assets Administrator. All ished in connection with the transfer of functions of the War Assets Administra- such functions, (1) the records and proption and of the War Assets Administra- erty now being used or held in connection tor established by Executive Order Num- with such functions, (2) the personnel bered 9689 of January 31, 1946,1 are employed in connection with such functransferred to the Surplus Property Ad- tions, and (3) the unexpended balances ministration and the Surplus Property of appropriations, allocations, or other Administrator, respectively, which were funds available or to be made available created by the Act of September 18, 1945 for use in connection with such functions. (59 Stat. 533, ch. 368). The latter agen

SEC. 603. Effective date. The provicies shall hereafter be known as the War

sions of this plan shall take effect on Assets Administration and the War As

July 1, 1947, unless a later date is resets Administrator, respectively. The

quired by the provisions of the Reoragencies established by Executive Order

ganization Act of 1945. Numbered 9689 are abolished. The functions transferred by this section shall be performed by the War Assets Adminis- REORGANIZATION PLAN NO. 3 OF trator or, subject to his direction and

1947 control, by such officers and agencies of

Prepared by the President and transthe War Assets Administration as he

mitted to the Senate and the House of may designate: Provided; That the func

Representatives in Congress assembled, tions specifically vested in the Surplus

May 27, 1947, pursuant to the proviProperty Administrator by the Surplus

sions of the Reorganization Act of Property Act of 1944, as amended, and

1945, approved December 20, 1945.2 by the Act of September 18, 1945, shall be performed by the War Assets Admin- HOUSING AND HOME FINANCE AGENCY istrator or by the Associate Administra

SECTION 1. Housing and Home Finance tor as provided in section 502 hereof.

Agency. The Home Owners' Loan CorSec. 502. Associate War Assets Admin- poration, the Federal Savings and Loan istrator. There shall be in the War Insurance Corporation, the Federal Assets Administration an Associate War Housing Administration, the United Assets Administrator, who shall be ap- States Housing Authority, the Defense pointed by the President by and with the Homes Corporation, and the United advice and consent of the Senate and States Housing Corporation, together shall receive compensation at the rate of with their respective functions, the func$10,000 per annum. The Associate War

tions of the Federal Home Loan Bank Assets Administrator shall act for the

Board, and the other functions transWar Assets Administrator in all matters

ferred by this Plan, are consolidated, during the absence or disability of the

* Effective July 27, 1947, under the proviAdministrator, or in the event of a va- sions of sec. 6 of the act; published pursuant

to sec. 11 of the act (59 Stat. 613; 5 U. 8. C. 13 CFR 1946 Supp.

133y to 133y-16).

subject to the provisions of sections 2 to 5, and consent of the Senate, and receive inclusive, hereof, into an agency which compensation at the rate of $10,000 per shall be known as the Housing and Home annum. There are transferred to said Finance Agency. There shall be in said Commissioner the functions of the FedAgency constituent agencies which shall eral Housing Administrator. be known as the Home Loan Bank Board,

SEC. 4. Public Housing Administration. the Federal Housing Administration, and

The Public Housing Administration shall the Public Housing Administration.

be headed by a Public Housing CommisSEC. 2. Home Loan Bank Board. (a) sioner who shall be appointed by the The Home Loan Bank Board shall con- President, by and with the advice and sist of three members appointed by the consent of the Senate, and receive comPresident by and with the advice and pensation at the rate of $10,000 per anconsent of the Senate. Not more than num. There are transferred to said two members of the Board shall be mem- Commissioner the functions: bers of the same political party. The (a) of the Administrator of the United President shall designate the members

States Housing Authority (which agency of the Board first appointed hereunder

shall hereafter be administered and to serve for terms expiring, respectively, known as the Public Housing Adminisat the close of business on June 30, 1949,

tration); June 30, 1950, and June 30, 1951, and thereafter the term of each member

(b) of the National Housing Agency shall be four years. Whenever a vacancy

with respect to non-farm housing projshall occur among the members the per

ects and other properties remaining unson appointed to fill such vacancy shall

der its jurisdiction pursuant to section hold office for the unexpired portion of

2 (a) (3) of the Farmers' Home Adminthe term of the member whose place he

istration Act of 1946 (Public Law 731, is selected to fill. Each of the members

Seventy-ninth Congress, approved Auof the Board shall receive compensation

gust 14, 1946); and at the rate of $10,000 per annum.

(c) With respect to the liquidation (b) The President shall designate one

and dissolution of the Defense Homes of the members of the Home Loan Bank

Corporation. Board as Chairman of the Board. The SEC. 5. Housing and Home Finance Chairman shall (1) be the chief execu- Administrator. (a) The Housing and tive officer of the Board, (2) appoint and Home Finance Agency shall be headed direct the personnel necessary for the by a Housing and Home Finance Adminperformance of the functions of the istrator who shall be appointed by the Board or of the Chairman or of any President, by and with the advice and agency under the Board, and (3) desig- consent of the Senate, and shall receive nate the order in which the other mem- compensation at the rate of $10,000 per bers of the Board shall, during the ab- annum. sence or disability of the Chairman,

(b) The Administrator shall be reActing Chairman and perform the duties sponsible for the general supervision and of the Chairman.

coordination of the functions of the con(c) Except as otherwise provided in stituent agencies of the Housing and subsection (b) of this section there are Home Finance Agency and for such purtransferred to the Home Loan Bank pose there are transferred to said AdBoard the functions (1) of the Federal ministrator the functions of the Federal Home Loan Bank Board, (2) of the

Loan Administrator and the Federal Board of Directors of the Home Owners'

Works Administrator (1) with respect to Loan Corporation, (3) of the Board of

the Federal Home Loan Bank Board, the Trustees of the Federal Savings and Loan

Home Owners' Loan Corporation, the

Federal Savings and Loan Insurance Insurance Corporation, (4) of any mem

Corporation, the Federal Housing Adber or members of any of said Boards, and

ministration, and the United States (5) with respect to the dissolution of the

Housing Authority, and (2) with respect United States Housing Corporation. to the functions of said agencies.

SEC. 3. Federal Housing Administra- (c) There are also transferred to the tion. The Federal Housing Administra- Administrator the functions: tion shall be headed by a Federal Hous- (1) Of holding on behalf of the United ing Commissioner who shall be appointed States the capital stock of the Defense by the President, by and with the advice Homes Corporation;

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(2) Under Titles I and III, and sections 401, 501, and 502, of the Act of October 14, 1940 (54 Stat. 1125), as amended;

(3) Of the War and Navy Departments with respect to national defense and war housing (except that located on military or naval posts, reservations, or bases) under the Act of September 9, 1940 (54 Stat. 872), as amended; and

(4) Of all agencies designated to provide temporary shelter in defense areas under the Acts of March 1, 1941, May 24, 1941, and December 17, 1941 (55 Stat. 14. 197, and 810), insofar as such functions relate to such temporary shelter.

SEC. 6. National Housing Council. There shall be in the Housing and Home Finance Agency a National Housing Council composed of the Housing and Home Finance Administrator as Chairman, the Federal Housing Commissioner, the Public Housing Commissioner, the Chairman of the Home Loan Bank Board, the Administrator of Veterans Affairs or his designee, the Chairman of the Board of Directors of the Reconstruction Finance Corporation or his designee, and the Secretary of Agriculture or his designee. The National Housing Council shall serve as a medium for promoting, to the fullest extent practicable within revenues, the most effective use of the housing functions and activities administered within the Housing and Home Finance Agency and the other departments and agencies represented on said

Council in the furtherance of the housing policies and objectives established by law, for facilitating consistency between such housing functions and activities and the general economic and fiscal policies of the Government, and for avoiding duplication or overlapping of such housing functions and activities.

SEC. 7. Interim appointments. Pending the initial appointment hereunder of any officer provided for by this Plan, the functions of such officer shall be performed temporarily by such officer of the existing National Housing Agency as the President shall designate.

SEC. 8. Transfers of property, personnel, and funds. The assets, contracts, property, records, personnel, and unaxpended balances of appropriations, authorizations, allocations, or other funds, held, employed, or available or to be made available in connection with functions transferred by this Plan are hereby transferred with such transferred functions, respectively.

SEC. 9. Abolitions. The Federal Home Loan Bank Board, the Board of Directors of the Home Owners' Loan Corporation, and the Board of Trustees of the Federal Savings and Loan Insurance Corporation, together with the offices of the members of said boards, the office of Federal Housing Administrator, and the ofice of Administrator of the United States Housing Authority, are abolished.

CHAPTER IX-DESIGNATIONS OF OFFICIALS

DESIGNATION OF ACTING HOUSING EXPEDITER

Tighe E. Woods is hereby designated to serve as Acting Housing Expediter.

HARRY S. TRUMAN

THE WHITE HOUSE,

November 1, 1947.

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