Page:United States Statutes at Large Volume 75.djvu/323

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[75 Stat. 283]
[75 Stat. 283]
PUBLIC LAW 87-000—MMMM. DD, 1961

75

STAT.]

PUBLIC LAW 87-125-AUG. 3, 1961

283

SEC. 506. Funds made available by this or any other Act for ad- ex^enTe^s?^^*'*"* ministrative expenses in the current fiscal year of the corporations and agencies subject to the Government Corporation Control Act, as amended (31 U.S.C. 841), shall be available, in addition to objects ^^ ^^*- *^^for which such funds are otherwise available, for rent in the District of Columbia; services in accordance with section 15 of the Act of August 2, 1946 (5 U.S.C. 55a); and the objects specified under this ^ ^^*- ^^°head, all the provisions of which shall be applicable to the expenditure of such funds unless otherwise specified in the Act by which they are made available: Provided, That in the event any functions budgeted as administrative expenses are subsequently transferred to or paid from other funds, the limitations on administrative expenses shall be correspondingly reduced. SEC. 507. No part of any funds of or available to any wholly owned p^chas^ or"co"nI Government corporation shall be used for the purchase or construe- stmction. tion, or in making loans for the purchase or construction of any office building, without specific authority in law therefor, primarily for occupancy by any department or agency of the United States Government or by any corporation owned by the United States Government. SEC. 508. Pursuant to section 1415 of the Act of July 15, 1952 (66 Fo'eign credits. Stat. 662), foreign credits (including currencies) owed to or owned ^^ ^^^ ^2'*' by the United States may be used by Federal agencies for any purpose for which appropriations are made for the current fiscal year (including the carrying out of Acts requiring or authorizing the use of such credits), only when reimbursement therefor is made to the Treasury from applicable appropriations of the agency concerned: Provided, That such credits received as exchange allowances or proceeds of sales of personal property may be used in whole or part payment for acquisition of similar items, to the extent and in the manner authorized by law, without reimbursement to the Treasury: Provided further, That nothing in section 1415 of the Act of July 15, 1952, or ^^ Stat. 662. m this section shall be construed to prevent the making of new or the carrying out of existing contracts, agreements, or executive agreements for periods in excess of one year, in any case where such contracts, agreements, or executive agreements for periods in excess of one year were permitted prior to the enactment of this Act under section 32(b)(2) of the Surplus Property Act of 1944, as amended (50 U.S.C. App. 1641 (b)(2)), and the performance of all such contracts, ^o »«*• ^^^• agreements^ or executive agreements shall be subject to the availability of appropriations for the purchase of credits as provided by law. SEC. 509. No part of any appropriation contained in this or any propagi,ida.' *' °^ other Act, or of the funds available for expenditure by any individual, corporation, or agency included in this or any other Act, shall be used for publicity or propaganda purposes designed to support or defeat legislation pending before Congress. This Act may be cited as the "General Government Matters, Depart- short title, ment of Commerce, and Belated Agencies Appropriation Act, 1962". Approved August 3, 1961.