Page:United States Statutes at Large Volume 76.djvu/1261

 76

STAT.]

PUBLIC LAW 87-879-OCT. 24, 1962

1213

SALARIES AND EXPENSES

For necessary expenses of the Farmers Home Administration, not otherwise provided for, in administering the programs authorized by the Consolidated Farmers Home Administration Act of 1961 (75 Stat. 307), title V of the Housing Act of 1949, as amended (42 U.S.C. 1471- 7 USC 1921 1484), and the Rural Rehabilitation Corporation Trust Liquidation "°*Act, approved May 3, 1950 (40 U.S.C. 440-444); $34,582,000, together with not more than $1,050,000 of the charges collected in connection with the insurance of loans as authorized by section 309(e) of the Consolidated Farmers Home Administration Act of 1961, and section Z^,Stat. 309. 7 ""'' se 514(b)(3) of the Housing Act of 1949, as amended. " uu s e 1929. 42 1484. TITLE III—CORPORATIONS The following corporations and agencies are hereby authorized to make such expenditures, within the limits of funds and borrowing authority available to each such corporation or agency 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 for the current fiscal year for such corporation or agency, except as hereinafter provided:

ei Stat. S84. 3i use 849.

FEDERAL CROP INSURANCE CORPORATION ADMINISTRATIVE AND OPERATING EXPENSES

For administrative and operating expenses, $6,799,000. FEDERAL CROP INSURANCE CORPORATION FUND

Not to exceed $3,080,000 of administrative and operating expenses may be paid from premium income. COMMODITY CREDIT CORPORATION REIMBURSEMENT FOR NET REALIZED LOSSES

To partially reimburse the Commodity Credit Corporation for net realized losses sustained during the fiscal year ending June 30, 1961, pursuant to the Act of August 17, 1961 (75 Stat. 391), $2,278,455,000. REIMBURSEMENT FOR SPECIAL MILK PROGRAM

To reimburse the Commodity Credit Corporation for amounts advanced for the fiscal year beginning July 1, 1961, for the special milk program for children pursuant to the Act of July 1, 1958, as amended (7 U.S.C. 1446; 75 Stat. 147-148, 319), $95,000,000. LIMITATION ON ADMINISTRATIVE EXPENSES

Nothing in this Act shall be so construed as to prevent the Commodity Credit Corporation from carrying out any activity or any program authorized by law: Provided, That not to exceed $43,188,500 shall be available for administrative expenses of the Corporation: Provided further, That $1,000,000 of this authorization shall be available only to expand and strengthen the sales program of the Corporation pursuant to authority contained in the Corporation's charter: Provided fwrther^ That not less than 7 per centum of this authorization shall be placed in reserve to be apportioned pursuant to section 3679

is use 7i3a-ii.

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