Page:United States Statutes at Large Volume 81.djvu/386

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[81 STAT. 352]
PUBLIC LAW 90-000—MMMM. DD, 1968
[81 STAT. 352]

352

PUBLIC LAW 90-121-NOV. 3, 1967

[81 STAT.

VETERANS INSURANCE AND INDEMNITIES

For military and naval insurance, national service life insurance, servicemen's indemnities, and service-disabled veterans insurance, to remain available until expended, $7,150,000, of which $2,000,000 shall be derived from the Veterans Special Term Insurance Fund. GRANTS TO THE REPUBLIC or THE P H I L I P P I N E S 72 Stat. 1145.

For payment to the Republic of the Philippines of grants, as authorized by law (38 U.S.C. 631-634), $1,325,000. CONSTRUCTION OF HOSPITAL AND DOMICILIARY FACILITIES

72 Stat. 1251; 80 Stat. 1372.

For hospital and domiciliary facilities, for planning and for major alterations, improvements, and repairs and extending any of the facilities under the jurisdiction of the Veterans Administration or for any of the purposes set forth in sections 5001, 5002, and 5004, title 38, United States Code, including necessary expenses of administration, $52,600,000, to remain available until expended. GRANTS FOR CONSTRUCTION or

78 Stat. 501.

STATE NURSING HOMES

For grants to assist the several States to construct State home facilities for furnishing nursing home care to veterans, as authorized by law (38 U.S.C. 5031-5037), $4,000,000, to remain available until June 30, 1970. PARTICIPATION SALES AUTHORIZATION

8o^s ^'^'164^°' 1236.^ ' ' 12 USC 1717.

The Federal National Mortgage Association, as trustee, is hereby authorized to issue beneficial interests or participations in such loan assets of the Direct Loan Revolving Fund and the Loan Guaranty Revolving Fund as may be placed m trust with such association in accordance with section 302(c) of the Federal National Mortgage Association charter act, as amended, in an aggregate principal amount of not to exceed $850,000,000, in addition to amounts heretofore authorized: Provided, That this authorization shall remain available untilJune30, 1969. 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 Direct Loan Revolving Fund Assets or Loan Guaranty Revolving F u n d assets authorized by this act to be issued pursuant to said section 302(c), as amended, not to exceed $665,000. LOAN GUARANTY REVOLVING F U N D

38 USC llol1826. " 74 Stat. 533.

During the current fiscal year, the Loan guaranty revolving fund shall be available for expenses, but not to exceed $386,046,000, for property acquisitions and other loan guaranty and insurance operations mider Chapter 37, title 38, United States Code, except administrative expenses, as authorized by section 1824 of such title: Provided. That the unobligated balances including retained earnings of the Direct loan revolving fund shall be available, during the current fiscal year, for transfer to the Loan guaranty revolving fund in such amounts as may be necessary to provide for the timely payment of