87 STAT. ]
PUBLIC LAW 93-189-DEC. 17, 1973
717
DEVELOPMENT LOAN F U N D
SEC. 3. (a) Section 203 of the Foreign Assistance Act of 1961 is amended to read as follows: " SEC. 203. FISCAL PROVISIONS.—Not more than 50 per centum of dollar receipts scheduled to be paid during each of the fiscal years 1974 and 1975 from loans made pursuant to this part and from loans made under predecessor foreign assistance legislation are authorized to be made available for each such fiscal year for use for purposes of making loans under chapter 1 of this part. Such receipts shall remain available until expended." (b) Effective July 1, 1975, such section 203 is repealed. T E C H N I C A L COOPERATION A N D DEVELOPMENT
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Repeal; effective date.
GRANTS
SEC. 4. Title II of chapter 2 of part I of the Foreign Assistance Act of 1961 is amended as follows: Stat. 797. (1) I n section 211(a), in the last sentence immediately after the 80 USC 2171. 22 word "assistance", insert the word "directly". (2) I n section 214, strike out subsections (c) and (d) and insert in 8077 Stat. 381; Stat. 798; lieu thereof the following: 83 Stat. sos "(c) To carry out the purposes of this section, there are authorized 22 USC 21- 4. to be appropriated to the President for each of the fiscal years 1974 and 1975 $19,000,000, which amounts are authorized to remain available until expended. " (d) There are authorized to be appropriated to the President to carry out the purposes of this section, in addition to funds otherwise available for such purposes, for each of the fiscal years 1974 and 1975 $6,500,000 in foreign currencies which the Secretary of the Treasury determines to be excess to the normal requirements of the United States. "(e) Not later than June 30, 1974, the Secretary of State shall submit to the Congress such recommendations (including recommendations concerning which agency of the United States Government should administer such assistance) as he considers desirable for assistance to schools, libraries, and hospital centers for medical education and research, outside the United States, founded or sponsored by United States citizens and serving as study and demonstration centers for ideas and practices of the United States." HOUSING
GUARANTIES
SEC. 5. Title III of chapter 2 of part I of the Foreign Assistance Act of 1961 is amended as follows: (1) In section 221, strike out "$205,000,000" and insert in lieu thereof "$305,000,000". (2) I n section 223(i), strike out "June 30, 1974" and insert in lieu thereof "June 30, 1975". OVERSEAS PRIVATE INVESTMENT
H use 21^81 22 USC 2181. ^2 USC 2183.
CORPORATION
SEC. 6. Title IV of chapter 2 of part I of the Foreign Assistance Act of 1961 is amended as follows: (1) I n section 235(a)(4), strike out "June 30, 1974" and insert in lieu thereof "December 31, 1974". .1 (^) h^^^'^'^'l 240 (h), strike out "June 30, 1973" and insert in lieu thereof "December 31, 1974".
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