Page:United States Statutes at Large Volume 82.djvu/608

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[82 STAT. 566]
PUBLIC LAW 90-000—MMMM. DD, 1968
[82 STAT. 566]

566

PUBLIC LAW 90-448-AUG. 1, 1968

[82 STAT.

under this section in cooperation with State insurance authorities and the private insurance industry. "GENERAL POWERS

64 Stat. 78; 12 USC 1749a. 60 Stat. 237. 5 USC 551

"SEC. 1237. I n the performance of, and with respect to, the functions, powers, and duties vested in him by this title, the Secretary shall (in addition to any authority otherwise vested in him) have the functions, powers, and duties (including the authority to issue rules and regul^ttions) set forth in section 402, except subsections (c)(2), (d), and (f), of the Housing Act of 1950. Any rules or regulations of the Secretary shall ouly be issued after full consultation with the Board and after notice and hearing, if granted, as required by the Administrative Procedurc Act.

et seq. " SERVICES A N D F A C I L I T I E S O F OTHER A G E N C I E S — U T I L I Z A T I O N OF

PERSONNEL, SERVICES, FACILITIES, x\ND INFORMATION

"SEC. 1238. The Secretary may, with the consent of the agency concerned, accept and utilize, on a reimbursable basis, the officers, employees, services, facilities, and information of any agency of the Federal Government, except that any such agency having custody of any data relating to any of the matters within the jurisdiction of the Secretary shall, to the extent permitted by law, upon request of the Secretary, make such data available to the Secretary. "ADVANCE PAYMENTS

"SEC. 1239. Any payments which are made under the authority of this title may be made, after necessary adjustments on account of previously made underpayments or overpayments in advance or by way of reimbursement. Payments may be made in such installments and on such conditions as the Secretary may determine. "TAXATION > "SEC, 1240, (a) The National Insurance Development Fund, including its reserves, surplus, and income, shall be exempt from all taxation now or hereafter imposed by the United States, or by any State, or any subdivision thereof, except that any real property acquired by the Secretary as a result of reinsurance shall be subject to taxation by any State or political subdivision thereof, to the same extent, according to its value, as other real property is taxed. " (b) Any measures undertaken by any State to meet or to fund its obligations under section 1223(a)(1) shall not be the subject of any retaliatory or fiscal imposition by any other State.

APPROPRIATIONS

"SEC. 1241. There are hereby authorized to be appropriated such sums as may be necessary to carry out this title." FINANCING

79 Stat. 472. 12 USC i735d.

SEC. 1104. Section 520(b) of the National Housing Act is amended i^y. inserting " (1) " after "necessary" in the first sentence, and hj striking out the period at the end of such sentence and inserting in lieu thereof ", and (2) to make payments for reinsured losses under title X II of this Act: Provided, however, That borrowings to make payments for reinsured losses under title X II shall be limited to