79
STAT.]
PUBLIC LAW 89-118-AUGUST11, 1965
509
FEDERAL RESERVE ACT
SEC. 1111. Section 24 of the Federal Eeserve Act is amended by striking out "eighteen months", wherever it appears in the third paragraph, and inserting in lieu thereof "twenty-four months".
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R E P A Y M E N T OP CERTAIN P L A N N I N G GRANTS
SEC. 1112. Notwithstanding any other provision of law, no advance made under section 501 of Public Law 458, Seventy-eighth Congress; Public Law 352, Eighty-first Congress; or section 702, Housing Act of 1954, Public Law 560, Eighty-third Congress, for the planning of any public works project shall be required to be repaid if construction of such project has been heretofore or is hereafter initiated as a result of a grant-in-aid made from an allocation made by the President under the Public Works Acceleration Act.
58 Stat. 791. 50 USC app. 1671. 63 Stat. 841. 40 USC 45 1-458, 69 Stat. 641. 40 USC 462. 76 Stat. 541. 42 USC 2641 note.
STUDY C O N C E R N I N G R E L I E F OF H O M E O W N E R S I N P R O X I M I T Y TO AIRPORTS
SEC. 1113. The Housing and Home Finance Administrator shall undertake a study to determine feasible methods of reducing the economic loss and hardship sujffered by homeowners as the result of the depreciation in the value of their properties following the construction of airports in the vicinity of their homes, including a study of feasible methods of insulating such homes from the noise of aircraft. Find- ident^and^ccn-^^" ings and recommendations resulting from such study shall be reported gress. to the President for transmission to the Congress at the earliest practicable date, but in no event later than one year after the date of the enactment of this Act. Approved August 10, 1965.
Public Law 89-118 AN ACT
August 11, 1965
To expand, extend, and accelerate the saline water conversion program conducted by the Secretary of the Interior, and for other purposes.
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Be it enacted by the Senate and House of Representatives of the Saline water United States of America in Congress assembled, That in order to conversion proexpand, extend, and accelerate the saline water conversion program gra'm.^ conducted by the Secretary of the Interior, the Act of July 3, 1952 (66 Stat. 328), as amended (42 U.S.C. 1951 et seq.), is hereby further ^s Stat. 628 amended as follows: (1) I n section 2(b) add the words ", module, component," after the word "laboratory". (2) In section 8 substitute "$90,000,000, plus such additional sums as the Congress may hereafter authorize and appropriate but not to exceed $185,000,000," in lieu of "$75,000,000 in all,^' and substitute "1972" for "1967". Approved August 11, 1965.
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