PUBLIC LAW 105-393 —NOV. 13, 1998 112 STAT. 3617 (3) by striking title VII (as amended by paragraph (1)) 42 USC 32lle< and inserting the following: -^ eq. "TITLE VII—FUNDING "SEC. 701. GENERAL AUTHORIZATION OF APPROPRIATIONS. 42 USC 3231. "There are authorized to be appropriated to carry out this Act $397,969,000 for fiscal year 1999, $368,000,000 for fiscal year 2000, $335,000 000 for fiscal year 2001, $335,000,000 for fiscal year 2002, and $335,000,000 for fiscal year 2003, to remain available until expended. "SEC. 702. AUTHORIZATION OF APPROPRIATIONS FOR DEFENSE 42 USC 3232. CONVERSION ACTIVITIES. "(a) IN GENERAL.— In addition to amounts made available under section 701, there are authorized to be appropriated such sums as are necessary to carry out section 209(c)(1), to remain available until expended. "(b) PILOT PROJECTS.— Funds made available under subsection (a) may be used for activities including pilot projects for privatization of, and economic development activities for, closed or realigned military or Department of Energy installations. "SEC. 703. AUTHORIZATION OF APPROPRIATIONS FOR DISASTER ECO- 42 USC 3233. NOMIC RECOVERY ACTIVITIES. "(a) IN GENERAL.— In addition to amounts made available under section 701, there are authorized to be appropriated such sums as are necessary to carry out section 209(c)(2), to remain available until expended. "(b) FEDERAL SHARE.— The Federal share of the cost of activities funded with amounts made available under subsection (a) shall be up to 100 percent.". (c) TITLES VIII THROUGH X. —The Public Works and Economic Development Act of 1965 is amended by striking titles VIII through X(42 U.S.C. 3231etseq.). SEC. 103. CONFORMING AMENDMENT. Section 5316 of title 5, United States Code, is amended by striking "Administrator for Economic Development.". SEC. 104. TRANSITION PROVISIONS. 42 USC 3121 (a) EXISTING RIGHTS, DUTIES, AND OBLIGATIONS.—This title, including the amendments made by this title, does not affect the validity of any right, duty, or obligation of the United States or any other person arising under any contract, loan, or other instrument or agreement that was in effect on the day before the effective date of this title. (b) CONTINUATION OF SuiTS. —No action or other proceeding commenced by or against any officer or employee of the Economic Development Administration shall abate by reason of the enactment of this title. (c) LIQUIDATING ACCOUNT. —The Economic Development Revolving Fund established under section 203 of the Public Works and Economic Development Act of 1965 (42 U.S.C. 3143) (as in effect on the day before the effective date of this title) shall continue to be available to the Secretary of Commerce as a liquidating account (as defined in section 502 of the Federal Credit Reform
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