Page:United States Statutes at Large Volume 100 Part 4.djvu/63

 PUBLIC LAW 99-519—OCT. 22, 1986

100 STAT. 2991

Hazard Abatement Act of 1984 as in effect on the date of the 20 USC 4014. enactment of this Act. (e) AUTHORITY TO BORROW.—

(1) IN GENERAL.—There are authorized to be appropriated to Appropriation the Asbestos Trust Fund, as repayable advances, $25,000,000 for authorization., each of fiscal years 1987, 1988, 1989, and 1990. n] (2) REPAYMENT OF ADVANCES.—

(A) IN GENERAL.—Advances made under this subsection shall be repaid, and interest on such advances shall be paid, to the general fund of the Treasury when the Secretary mi II fA determines that moneys are available for such purposes in the Asbestos Trust Fund. gi«ifii.sa (B) RATE OF INTEREST.—Interest on advances made under this subsection shall be at a rate determined by the Sec; > retary (as of the close of the calendar month preceding the month in which the advance is made) to be equal to the current average market yield on outstanding marketable fei,1 obligations of the United States with remaining periods to ta? maturity comparable to the anticipated period during which the advance will be outstanding and shall be compounded annually. (f) EFFECTIVE DATE.—The amendments made by this section shall take effect on January 1, 1986. Approved October 22, 1986.

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LEGISLATIVE HISTORY—H.R. 5073 (S. 2083): HOUSE REPORTS: No. 99-763 (Comm. on Energy and Commerce). SENATE REPORTS: No. 99-427 accompanying S. 2083 (Comm. on Environment and Public Works). CONGRESSIONAL RECORD, Vol. 132 (1986): Aug. 12, considered and passed House. Sept. 10, considered and passed Senate, amended. Oct. 1, House concurred in Senate amendment with an amendment. Oct. 3, Senate concurred in House amendment.

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