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PUBLIC LAW 86-532-JUNE 29, 1960

[74

ST A T,

Act, as follows: Eural electrification program, $110,000,000; and rural telephone program, $80,000,000; and additional amounts, not to exceed $60,000,000 for each program, may be borrowed under the same terms and conditions to the extent that such amount is required during the fiscal year 1961 under the then existing conditions for the expeditious and orderly development of the rural electrification program and rural telephone program. SALARIES A N D EXPENSES

58 Stat. 742. 60 Stat. 810.

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), $9,632,000. FARMERS H O M E ADMINISTRATION

s o Stat. 522.

60 Stat. 711; 50 Stat. 869. 68 Stat. 735.

63 Stat. 432. 64 Stat. 98.

54 Stat. 1 1 1 9, 1120, 1125. 64 Stat. 769.

To carry into effect the provisions of tides I, II, and the related provisions of title IV of the Bankhead-Jones F a r m Tenant Act, as amended (7 U.S.C. 1000-1031); the Farmers Home Administration 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 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 farm housing; the Rural Rehabilitation Corporation Trust Liquidation Act, approved May 3, 1950 (40 U.S.C. 440-444); the items "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. 8 2); 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 Agriculture to convey certain mineral interests, approved September 6, 1950 (7 U.S.C. 1033-1039), as follows: LOAN AUTHORIZATION S

60 Stat. 1070. 7 USC 1024.

63 Stat. 432, 438. 42 USC 14 7 1, 1481. 60 Stat. 1 0 7 2, 1067. 7 USC 1001l O O S d, 1006c-e, 1017; 12 USC 84, 371. 7 USC 10071009. SO Stat. 869. 16 U S C S90r590X-4,

65 Stat. 225.

For loans (including payments in lieu of taxes and taxes under section 50 of the Bankhead-Jones F a r m Tenant Act, as amended, and 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 be made from funds obtained under section 511 of that Act, as amended): Title I and section 43 of title IV of the Bankhead-Jones F a r m Tenant Act, as amended, $26,900,000, of which not to exceed $2,500,000 may be distributed to States and territories without regard to farm population and prevalence of tenancy, in addition to the amount otherwise distributed thereto, for loans in reclamation projects and to entrymen on unpatented public lands; title II of the Bankhead-Jones F a r m Tenant Act, as amended, $197,100,000; the Act of August 28, 1937, as amended, $3,000,000: Provided, That not to exceed the foregoing several amounts shall be borrowed in one account from the Secretary of the Treasury in accordance with the provisions set forth under this head in the Department of Agriculture Appropriation Act, 1962: Provided further, That an additional amount, not to exceed $40,000,000, may be borrowed under the same terms and conditions to the extent that such amount is required during fiscal year 1961 under the then existing conditions for the expeditious and

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