Page:United States Statutes at Large Volume 55 Part 1.djvu/273

 PUBLIC LAWS-CHS. 189, 190-JUNE 9, 10, 1941 Provisos. Minor purchases. 41 U.S.. 5. Salary of Director. June 10, 1941 [S. 1438] [Public Law 108] Disaster Loan Cor- poration. 63 Stat. 510. 16U. S. C. 605k-1. Lending authority extended. Electric Home and Farm Authority, con - tinuance. 53 Stat. 510. RFC obligations, tax exemptions; ex- eeption. 47 Stat.9. 15 U. S. C. i610. Ante, p. 9. Applicability of ex- emptions to desig- nated corporations. 48 Stat. 1108 . 15U.S. C.§606b. Loans and personal property. governmental bodies may transmit inquiries and complaints and receive advice and information; (b) assist the President in dealing with special problems requiring the clearance of information between the Federal Government and State and local governments and pri- vate institutions; (c) collect and distribute information concerning the purposes and activities of executive departments and agencies for the use of the Congress, administrative officials, and the public; and (d) keep the President currently informed of the opinions, desires, and complaints of citizens and groups of citizens and of State and local governments with respect to the work of Federal agencies: Provided, That, in the expenditure of such funds, section 3709 of the Revised Statutes shall not be construed to apply to any purchase or service where the aggregate amount involved does not exceed $50: Provided further, That the President may fix the salary of the Director of the Office of Government Reports at a rate of not more than $10,000 per annum. Approved, June 9, 1941. [CHAPTER 190] AN ACT To extend the operations of the Disaster Loan Corporation and the Electric Home and Farm Authority, to provide for increasing the lending authority of the Reconstruction Finance Corporation, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Act approved February 11, 1937 (U. S . C., 1934 edition, Supplement V, title 15, sec. 605k-1), as amended, is hereby amended by striking out "in the years 1936, 1937, 1938, 1939, or 1940" and inserting in lieu thereof "occurring during the period between January 1, 1936, and January 22, 1947". SEC. 2. Section 1 of the Act approved March 31, 1936 (49 Stat. 1186), as amended, is hereby amended by striking out "June 30, 1941" and inserting in lieu thereof "January 22, 1947". SEC. 3. (a) The first sentence of section 10 of the Reconstruction Finance Corporation Act, as amended, is hereby amended by insert- ing before the period at the end thereof the following: ", except as provided in section 4 (a) of the Public Debt Act of 1941". (b) Section 10 of the Reconstruction Finance Corporation Act, as amended, is further amended by adding at the end thereof the fol- lowing new sentences: "The exemptions provided for in the preceding sentence with respect to taxation (which shall, for all purposes, be deemed to include sales, use, storage, and purchase taxes) shall be construed to be applicable not only with respect to the Reconstruc- tion Finance Corporation but also with respect to (1) the Defense Plant Corporation, the Defense Supplies Corporation, the Metals Reserve Company, the Rubber Reserve Company, and any other corporation heretofore or hereafter organized or created by the Recon- struction Finance Corporation under section 5d of this Act, as amended, to aid the Government of the United States in its national- defense program, (2) The RFC Mortgage Company, the Federal National Mortgage Association, and any other public corporation heretofore or hereafter organized bv or at the instance of the Recon- struction Finance Corporation, and (3) the Disaster Loan Corporation, and any other public corporation which is now or which may be hereafter wholly financed and wholly managed by the Reconstruction Finance Corporation. Such exemptions shall also be construed to be applicable to the loans made, and personal property owned, by the Reconstruction Finance Corporation or by any corporation 248 [55 SrAT.

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