Page:United States Statutes at Large Volume 100 Part 1.djvu/40

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100 STAT. 4

PUBLIC LAW 99-242—FEB. 7, 1986 Public Law 99-242 99th Congress An Act

Feb. 7, 1986 [H.R. 4027]

Extending the waiver authority of the District of Columbia Revenue Bond Act of 1985 to certain revenue bond acts of the District of Columbia, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. GRANTING OF WAIVER.

99 Stat. 1727.

Section 2(c) of the District of Columbia Revenue Bond Act of 1985 (Public Law 99-216) is amended by adding at the end thereof the following new paragraphs: "(3) The American University Revenue Bond Act of 1985 (Series A), District of Columbia Act 6-111, transmitted to the Speaker of the House and the President of the Senate December 4, 1985. "(4) The George Washington University Revenue Bond Act of 1985 (Series A), District of Columbia Act 6-114, transmitted to the Speaker of the House and the President of the Senate December 18, 1985.". SEC. 2. EFFECTIVE DATE OF ACTS; TREATMENT OF OBLIGATIONS.

(a) EFFECTIVE DATE.—The District of Columbia Acts referred to in the amendment made by section 1 shall take effect as if included in section 2(c) of the District of Columbia Revenue Bond Act of 1985 on the date of the enactment of such Act. (b) TREATMENT OF OBLIGATIONS.—(1) Subject to paragraph (2), for purposes of any Act of Congress (and any amendments made by any Act of Congress) enacted after December 31, 1985, any obligation issued under the authority of the District of Columbia Acts made effective under subsection (a) shall be deemed to have been issued on December 31, 1985. (2) Paragraph (1) shall apply only to obligations issued not more than sixty days after the date of the enactment of this Act. Approved February 7, 1986.

LEGISLATIVE HISTORY—H.R. 4027: CONGRESSIONAL RECORD, Vol. 132 (1986): Jan. 27, considered and passed House. Jan. 30, considered and passed Senate.