Page:United States Statutes at Large Volume 68 Part 1.djvu/859

 68

STAT.]

PUBLIC LAW

663-AUG.

26, 1954

827

shall become effective only upon the enactment of Senate Joint Resolution 140 of the Eighty-third Congress. GENERAL SERVICES ADMINISTRATION ADMINISTRATIVE EXPENSES, ABACA FIBER PROGRAM

The General Services Administration is hereby authorized to make such expenditures, within the limits of funds available to it and in accord with law, and to make such contracts and commitments without regard to fiscal year limitations as provided by section 104 of the Government Corporation Control Act, as amended, as may be necessary in carrying out the program set forth in the budget submitted to the Congress for the activities authorized by the Abaca Production Act of 1950 for the fiscal year 1955, but not to exceed $135,000 of such funds shall be available during said fiscal year for administrative expenses of the abaca fiber program, to be computed on an accrual basis, and to be exclusive of the interest paid, depreciation, capitalized expenditures, expenses in connection with the acquisition, protection, operation, maintenance, improvement, or disposition of real or personal property relating to the abaca fiber program, and expenses of services performed on a contract or fee basis in connection with the performance of legal services.

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TREASURY DEPARTMENT FEDERAL FACILITIES CORPORATION

The Federal Facilities Corporation is hereby authorized to make such expenditures, within the limits of funds available to it and in accord with law, and to make such contracts and commitments without regard to fiscal year limitations as provided by section 104 of the Government Corporation Control Act, as amended, as may be necessary in carrying out the programs set forth in the budget submitted to the Congress for such Corporation for the fiscal year 1955, but not to exceed $1,954,000 shall be available during the said fiscal year for all administrative expenses of the Corporation (including use of the services and facilities of Federal reserve banks), to be computed on an accrual basis, and to be exclusive of interest paid, depreciation, capitalized expenditures, expenses in connection with the acquisition, protection, operation, maintenance, improvement, or disposition oi real or personal property belonging to the Corporation or in which it has an interest, expenses of services performed on a contract or fee basis in connection with the performance of legal services, and all administrative expenses reimbursable from other Government agencies: Provided, That, so long as the Corporation shall have succession, all real property transferred to or acquired by it shall continue to be subject to taxes (including assessments for local improvements) to the same extent as authorized by law immediately prior to such transfer, and any Government officer, agency, or instrumentality to whom any such property is so transferred is authorized and directed to pay such taxes and assessments, but said Corporation, its income, and property, shall not otherwise be subject to any Federal, State, or local taxes. CHAPTER X II CLAIMS FOR DAMAGES, A U D I T E D CLAIMS, A N D JUDGMENTS For payment of claims for damages as settled and determined by departments and agencies in accord with law, audited claims cer-

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.,,,, t,., Taxes.

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