Page:United States Statutes at Large Volume 81.djvu/365

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[81 STAT. 331]
PUBLIC LAW 90-000—MMMM. DD, 1968
[81 STAT. 331]

81

STAT.]

PUBLIC LAW 90-113-OCT. 24, 1967

•work of the Department of Agriculture, and not to exceed $5,000 for employment under 5 U.S.C. 3109, $4,487,000: Frovided, That this appropriation shall be reimbursed from applicable appropriations for travel expenses incident to the holding of hearings as required by 5 U.S.C. 551-558: Provided further. That not to exceed $2,500 of this amount shall be available for official reception and representation expenses, not otherwise provided for, as determined by the Secretary.

331 80 Stat. 416.

80 Stat. 381. Ante, p. 54.

TITLE II—CEEDIT AGENCIES RURAL ELECTRIFICATION ADMINISTRATION

To carry into effect the provisions of the Rural Electrification Act of 1936, as amended (7 U.S.C. 901-924), as follows: '

^

' ' LOAN AUTHORIZATION S

For loans in accordance with said Act, and for carrying out the provisions of section 7 thereof, to be borrowed from the Secretary of the Treasury in accordance with the provisions of section 3(a) of said Act, and to remain available without fiscal year limitation in accordance with section 3(e) of said Act, as follows: Rural Eleotrification program, $314,000,000, and rural telephone program, $120,600,000.

^l Stat. ues; 63 Stat. 948.

7^x^*0*90^3^

SALARIES AND EXPENSES

For administrative expenses, including not to exceed $500 for financial and credit reports, funds for employment pursuant to the second sentence of section 706(a) of the Organic Act of 1944 (58 Stat. 742), and not to exceed $150,000 for employment under 5 U.S.C. 3109, $12,457,000. FARMERS H O M E

^ use 2225. so Stat. 4i6.

ADMINISTRATION

DIRECT LOAN ACCOUNT AND RURAL H O U S I N G DIRECT LOAN ACCOUNT PARTICIPATION SALES AUTHORIZATION

The Federal National Mortgage Association, as trustee, is hereby authorized to issue beneficial interests or participations in such loan assets of the Fanners Home Administration Direct Loan Account and Rural Housing Direct Loan Account as may be placed in trust with such Association in accordance with section 302(c) of the Federal National Mortgage Association Charter Act, as amended, for the account of the Farmers Home Administration of the Department of Agriculture, in addition to amounts heretofore authorized, in an aggregate principal amount not to exceed $750,000,000: Provided, That this authorization shall remain available until June 30, 1969.

^^ ^*^*- s°°' 12 USC 1717.

PAYMENT OF SALES INSUFFICIENCIES

For the payment of such insufficiencies as may be required by the trustee on account of outstanding beneficial interests or participations in the Farmers Home Administration Direct Loan Account or Rural Housing Direct Loan Account assets authorized by this Act to be issued pursuant to said section 302(c), $13,268,000, to remain available without fiscal year limitation. DIRECT LOAN ACCOUNT

Direct loans and advances under subtitles A and B, and advances under section 335(a) for which funds are not otherwise available, of the Consolidated Farmers Home Administration Act of 1961 (7

,