Extension of Office of War Assets Administrator and War Assets Administration: Hearings, Eighty-first Congress, First Session, February 8, 1949

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Page 22 - CHANGES IN EXISTING LAW MADE BY THE BILL, AS REPORTED In compliance with clause 3 of rule XIII of the Rules of the House of Representatives, changes in existing law made by the bill, as reported, are shown as follows (existing law proposed to be omitted is •enclosed in black brackets, new matter is printed in italics, existing law in which no change is proposed is shown in roman...
Page 22 - Effective [February 28, 1949], June 30, 1SJ,S, the office of War Assets Administrator is abolished and the War Assets Administration shall cease to exist as an agency of the Government and its affairs, functions, and responsibilities shall thereafter be disposed of and liquidated...
Page 20 - Departments having considered the bill (S. 829) to extend the Office of the War Assets Administrator and the War Assets Administration from February 28, 1949, until June 30, 1949, report favorably thereon and recommend that it do pass.
Page 18 - ... 2402) extending the Office of the War Assets Administrator and the War Assets Administration from February 28, 1949, until June 30, 1949, having considered the same, report favorably thereon without amendment and recommend that the bill do pass. GENERAL STATEMENT The purpose of this bill is to extend the Office of the War Assets Administrator and the War Assets Administration from February 28, 1949, to June 30, 1949.
Page 18 - THE OFFICE OF THE WAR ASSETS ADMINISTRATOR AND THE WAR ASSETS ADMINISTRATION FROM FEBRUARY 28, 1949, UNTIL JUNE 30, 1949...
Page 18 - Law 862), provided $65,000,000 of the $106,000,312 requested and required that the amount be apportioned during the first 8 months of the fiscal year 1949. Public Law 862 further directed that the War Assets Administration and the office of the War Assets Administrator be abolished on February 28, 1949, and the remaining surplus property be transferred to the Reconstruction Finance Corporation, the Department of the Air Force, and the Treasury Department. The War Assets Administration has proceeded...
Page 15 - ADMINISTRATOR 15 istration would be transferred to this single property management agency, rather than distributed among several different agencies. In view of this impending legislation it is believed that the provisions of Public Law...

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