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PUBLIC LAW 89-751-NOV. 3, 1966

[80 STAT.

a RECORDS A N D A U D I T

"SEC. 796. (a) Each recipient of a grant under this part shall keep such records as the Surgeon General may prescribe, including records which fully disclose the amount and disposition by such recipient of the proceeds of such grant, the total cost of the project or undertaking in connection with which such grant is made or used, and the amount of that portion of the cost of the project or undertaking supplied by other sources, and such records as will facilitate an effective audit. "(b) The Secretary of Health, Education, and Welfare and the Comptroller General of the United States, or any of their duly authorized representatives, shall have access for the purpose of audit and examination to any books, documents, papers, and records of the recipient of any grant under this part which are pertinent to any such grant." P E R D I E M FOR ADVISORY C O U N C I L S 77 Stat. 169. 42 USC 293e. 78 Stat. 917. 42 USC 298.

SEC. 3. (a) Section 725(d) of the Public Health Service Act is amended by striking out "$50" and inserting in lieu thereof "$100". (b) Section 841(c) of such Act is amended by striking out "$75" and inserting in lieu thereof "$100". ADDITIONAL LOAN CANCELLATION FOR H E A L T H P E R S O N N E L P R ACT I C I N G I N L O W - I N C O M E RURAL AREAS

79 Stat. 1057. 42 USC 294a.

SEC. 4. (a) Section 741(f) of the Public Health Service Act is amended by adding at the end thereof the following new sentence: " I n the case of a physician, dentist, or optometrist, the rate shall be 15 per centum (rather than 10 per centum) for each year of such practice in an area in a State which for purposes of this subsection and for that year has been determined by the Secretary, pursuant to regulations and after consultation with the appropriate State health authority, to be a rural area characterized by low family income; and, for the purpose of any cancellation pursuant to this sentence, an amount equal to an additional 50 per centum of the total amount of such loans plus interest may be canceled." E S T A B L I S H I N G A REVOLVING F U N D FROM W H I C H SCHOOLS M A Y OBTAIN LOANS TO CAPITALIZE H E A L T H PROFESSIONS S T U D E N T LOAN F U N D S UNDER TITLE VII - C OF THE P U B L I C H E A L T H SERVICE ACT

77 Stat. 173. 42 USC 294d.

SEC. 5. (a) Section 744 of the Public Health Service Act (relating to loans to schools) is amended to read as follows: ''LOANS TO SCHOOLS; REVOLVING

FUND

"Loans to Schools

42 USC 294. 42 USC 293a.

"SEC. 744. (a)(1) During the fiscal years ending June 30, 1967, and June 30, 1968, the Secretary may make loans, from the revolving fund established b ^ subsection (d), to any public or other nonprofit school referred to in section 740(a) which is located in a State and is accredited as provided in section 7 2 1 (b)(1)(B), to provide all or part of the capital needed by any such school for making loans to students under this section (other than capital needed to finance the institutional contributions required by section 740(b)(2)(B)). Loans to students from such borrowed sums shall be subject to the terms, conditions, and limitations set forth in section 741. The requirement in section 740(b)(2)(B) with respect to institutional contributions

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