Page:United States Statutes at Large Volume 71.djvu/369

 71

PUBLIC LAW 85-118-AUG. 2, 1957

STAT.]

333

RURAL ELECTRIFICATION ADMINISTRATION

To carry into effect the provisions of the Rural ElectriHcation Act of 1936, as amended (7 U.S.C. 901-924), as follows: LOAN

49 Stat. 1.363.

AUTHORIZATIONS

For loans in accordance with said Act, and for carrying out the provisions of section 7 thereof, to be borrowed from the Secretary of the Treasury in accordance with the provisions of section 3(a) of said Act as follows: Rural electrification program, $179,000,000, of which not to exceed $20,000,000 shall be placed in reserve to be borrowed under the same terms and conditions to the extent that such amount is required during the fiscal year 1958 under the then existing conditions for the expeditious and orderly development of the rural electrification program; and rural telephone program, $60,000,000, of which not to exceed $10,000,000 shall be placed in reserve to be borrowed under the same terms and conditions to the extent that such amount is required during the fiscal year 1958 under the then existing conditions for the expeditious and orderly development of the rural telephone program.

' "^c 907. 903.

SALARIES AND E X P E N S E S

For administrative expenses, including not to exceed $500 for financial and credit reports, and not to exceed $150,000 for employment pursuant to the second sentence of section 706(a) of the Organic Act of 1944 (5 U.S.C. 574), as amended by section 15 of the Act of August 2, 1946 (5 U.S.C. 55a), $9,030,950.

ss Stat. 742. ^o Stat. sio.

FARMERS' H O M E ADMINISTRATION

To carry into effect the provisions of titles I, II, and the related provisions of title IV of the Bankhead-Jones Farm Tenant Act, as amended (7 U.S.C. 1000-1031); the Farmers' Home Administration so Stat. 522. Act of 1946 (7 U.S.C. 1001, note; 31 U.S.C. 82h; 12 U.S.C. 371; 35 D. C. Code 535; 60 Stat. 1062-1080); the Act of July 30, 1946 (40 U.S.C. 436-439); the Act of August 28, 1937, as amended (16 ^° ^'^'- '''^• U.S.C. 590r-590x—3), for the development of facilities for water g^^o st^at. 869; 63 storage and utilization in the arid and semiarid areas of the United States; the provisions of title V of the Housing Act of 1949, as amended (42 U.S.C. 1471-1483), relating to financial assistance for ^^ Stat. 432. farm housing; the Rural Rehabilitation Corporation Trust Liquidation Act, approved May 3, 1950 (40 U.S.C. 440-444); the items ^^ s*«*- -'»• "Loans to farmers, 1948 flood damage" in the Act of June 25, 1948 (62 Stat. 1038), and "Loans to farmers, property damage" in the Act of May 24, 1949 (63 Stat. 82); the collecting and servicing of credit sales and development accounts in water conservation and utilization projects (53 Stat. 685, 719), as amended and supplemented (16 U.S.C. 590y, z—1 and z—10); and the Act to direct the Secretary of s^^lJ'uig!'^^^'' Agriculture to convey certain mineral interests, approved September 6, 1950 (7 U.S.C. 1033-1039), as follows: 64 Stat. 769. LOAN AUTHORIZATION S

For loans (including payments hi lieu of taxes and taxes under section 50 of the Bankhead-Jones Farm Tenant Act, as amended, and 7°utc**io2V.' advances incident to the acquisition and preservation of security of obligations under the foregoing several authorities, except that such advances under title V of the Housing Act of 1949, as amended, shall 4 2^u^s'c ¥4'*7^i* be made from funds obtained under section 511 of that Act, as i48i. 84352 O - 58 - 2 4

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