Page:United States Statutes at Large Volume 77.djvu/864

 832

PUBLIC LAW 88-250-DEC. 30, 1963

[77 STAT.

in carrying out the programs set forth in the budget for the current tiscal year for such corporation or agency, except as hereinafter provided: FEDERAL CROP INSURANCE CORPORATION ADMINISTRATIVE AND OPERATING EXPENSES

For administrative and operating expenses, $7,080,000. FEDERAL CROP INSURANCE CORPORATION

FUND

Not to exceed $3,505,000 of administrative and operating expenses may be paid from premium income. COMMODITY CREDIT CORPORATION REIMBURSEMENT FOR NET REALIZED LOSSES

75 Stat. 391.

To reimburse the Commodity Credit Corporation for net realized losses sustained during the fiscal year ending June 30, 1962, pursuant to the Act of August 17, 1961 (15 U.S.C. 713a-ll, 7l3a-12), $2,699,400,000. LIMITATION

31 USC 665.

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 $41,650,000 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 further, That not less than 7 per centum of this authorization shall be placed in reserve to be apportioned pursuant to section S679 of the Revised Statutes, as amended, for use only in such amounts and at such times as may become necessary to carry out program operations: Provided further, That all necessary expenses (including legal and special services performed on a contract or fee basis, but not including other personal services) in connection with the acquisition, operation, maintenance, improvement, or disposition of any real or personal property belonging to the Corporation or in which it has an interest, including expenses of collections of pledged collateral, shall be considered as nonadministrative expenses for the purposes hereof. TITLE IV—FOREIGN ASSISTANCE PROGRAMS PUBLIC L A W 480

For expenses during fiscal year 1964j not otherwise recoverable, and unrecovered prior years' costs, including interest thereon, under the Agricultural Trade Development and Assistance Act of 1954, as 68 Stat. 455, amended (7 U.S.C. 1701-1709, 1721-1724, 1731-1736), to remain avail457; 73 Stat. 610. g^j^jg until expeudcd, as follows: (1) Sale of surplus agricultural commodities for foreign currencies pursuant to title I of said Act, $1,452,000,000; (2) commodities disposed of for emergency famine relief to friendly peoples pursuant to title II of said Act, $215,451,000; and (3) long-term supply contracts pursuant to title IV of said Act, $52,515,000.

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