PUBLIC LAW 99-195—DEC. 23, 1985
99 STAT. 1349
Public Law 99-195 99th Congress An Act To amend the Panama Canal Act of 1979 with respect to the payment of interest on the investment of the United States.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled. That (a) section 1302(b) of the Panama Canal Act of 1979 (22 U.S.C. 3712(b)) is amended by inserting immediately before the period at the end thereof the following: "; except that the part of the tolls and other receipts that covers interest on the investment of the United States in the Panama Canal pursuant to section 1602 and 1603 of this Act shall be deposited into the Treasury as miscellaneous receipts". (b) Section 1603(b)(2)(A) of the Panama Canal Act of 1979 (22 U.S.C. 3793(b)(2)(A)) is amended by striking out "Treasury" and inserting in lieu thereof "Panama Canal Commission Fund". SEC. 2. The amendments made by this Act shall apply only to tolls and other receipts of the Commission deposited in the Treasury on or after the date of the enactment of this Act. Approved December 23, 1985.
LEGISLATIVE HISTORY—H.R. 664: HOUSE REPORT No. 99-53 (Comm. on Merchant Marine and Fisheries). SENATE REPORT No. 99-205 (Comm. on Armed Services). CONGRESSIONAL RECORD, Vol. 131 (1985): May 6, considered and passed House. Dec. 11, considered and passed Senate.
Dec. 23, 1985 [H.R. 664]
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