Page:United States Statutes at Large Volume 104 Part 2.djvu/1036

 104 STAT. 1388-628 PUBLIC LAW 101-508—NOV. 5, 1990 and such rules shall supersede other rules only to the extent that they are inconsistent therewith; and (2) with full recognition of the constitutional right of either House to change such rules (so far as relating to such House) at any time, in the same manner, and to the same extent as in the case of any other rule of such House. 2 USC 632 note. SEC. 13306. EFFECTIVE DATE. Sections 13301, 13302, and 13303 and any amendments made by such sections shall apply with respect to fiscal years beginning on or after October 1, 1990. Section 13304 shall be effective for annual reports of the Board of Trustees issued in or after calendar year 1991. Subtitle D—Treatment of Fiscal Year 1991 Sequestration 2 USC 902 note. SEC. 13401. RESTORATION OF FUNDS SEQUESTERED. (a) ORDER RESCINDED.—Upon the enactment of this Act, the orders issued by the President on August 25, 1990, and October 15, 1990, pursuant to section 252 of the Balanced Budget and Emergency Deficit Control Act of 1985 are hereby rescinded. (b) AMOUNTS RESTORED. —Any action taken to implement the orders referred to in subsection (a) shall be reversed, and any sequestrable resource that has been reduced or sequestered by such orders is hereby restored, revived, or released and shall be available to the same extent and for the same purpose as if the orders had not been issued. (c) FuRLOUGHED EMPLOYEES,— (1) Federal employees furloughed as a result of the lapse in appropriations from midnight October 5, 1990, until the enactment of House Joint Resolution 666 shall be compensated at their standard rate of compensation for the period during which there was a lapse in appropriations. (2) AH obligations incurred in anticipation of the appropriations made and authority granted by House Joint Resolution 666 for the purposes of maintaining the essential level of activity to protect life and property and bringing about orderly termination of government functions are hereby ratified and approved if otherwise in accord with the provisions of that Act. Subtitle E—Government-sponsored Enterprises 2 USC 621 note. SEC. 13501. FINANCIAL SAFETY AND SOUNDNESS OF GOVERNMENT-SPON- SORED ENTERPRISES. (a) DEFINITION.—For purposes of this section, the terms "Government-sponsored enterprise" and "GSE" mean the Farm Credit System (including the Farm Credit Banks, Banks for Cooperatives, and Federal Agricultural Mortgage Corporation), the Federal Home Loan Bank System, the Federal Home Loan Mortgage Corporation, the Federal National Mortgage Association, and the Student Loan Marketing Association. 0)) TREASURY DEPARTMENT STUDY AND PROPOSED LEGISLATION. —

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