Page:United States Statutes at Large Volume 77.djvu/38

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PUBLIC LAW 88-000—MMMM. DD, 1963

PUBLIC LAW 88-8-APR. 9, 1963

National Harmony Week. Designation.

Proclamation authorization.

[77 STAT.

shop quartet style of close harmony singing, will celebrate the twenty-fifth anniversary of its founding during the six-day period beginning April 15, 1963: Now, therefore, be it Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That the six-day period beginning April 15, 1963, and ending April 20, 1963, both dates inclusive, is hereby designated as "National Harmony Week", in recognition and appreciation of the successful efforts of the members of the Society for the Preservation and Encouragement of Barber Shop Quartet Singing in America, Incorporated, to maintain the barbershop quartet style of close harmony singing as a traditional form of native American music, and of their efforts, through their stimulus to good music and vocal harmony, to keep America singing. The President of the United States is authorized and requested to issue a proclamation inviting the people of the United States to join in the observance of such week with appropriate ceremonies and activities. Approved April 9, 1963.

Public Law 88-8 April 9, 1963 [S. 1089]

Cadmium d i s posal.

60 Stat. 596, 597. .50 USC 98b, 98 a. P u b l i c a t i o n in F. R.

AN ACT To authorize the sale, without regard to the six-month waiting period prescribed, of cadmium proposed to be disponed of pursuant to the Strategic and Critical Materials Stock Piling Act. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Administrator of General Services is hereby authorized to dispose of, by negotiation or otherwise,^ approximately two million pounds of cadmium now held in the national stockpile. Such disposition may be made without regard to the provisions of section 3 of the Strategic and Critical Materials Stock Piling Act, relating to dispositions on the basis of a revised determination pursuant to section 2 of said Act, to the effect that no such disposition shall be made until six months after publication in the Federal Register and transmission to the Congress and to the Armed Services Committees thereof of a notice of the proposed disposition. Approved April 9, 1963.

Public Law 88-9 April 10, 1963 "[H. R. 1597]

Taxes. Redeemable ground r e n t s. 68A Stat. 46. 26 USC 163.

AN ACT Relating to the tax treatment of redeemable ground rents. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That (a) section 163 of the Internal Revenue Code of 1954 (relating to deduction for interest) is amended by redesignating subsection (c) as subsection (d) and by inserting after subsection (b) the following new subsection: "(c) REDEEMABLE GROUND RENTS.—For purposes of this subtitle, any annual or periodic rental under a redeemable ground rent (excluding amounts in redemption thereof) shall be treated as interest on an indebtedness secured by a mortgage."