Page:United States Statutes at Large Volume 81.djvu/91

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STAT.]

PUBLIC LAW 90-26-JUNE 13, 1967

57

Public Law 90-25 AN ACT To authorize the Admiiiistratoi" of Veterans* Affairs to convey certain real property to the city of Batavia, New York.

Be it enacted by the Senate and House of Representatives of the United States of America, in Congress assembled. That the Administrator of Veterans' Affairs shall convey by quitclaim deed, without monetary consideration, to the city of Batavia, Xew York, all right, title, and interest of the United States in and to certain real property consisting of forty-four acres, more or less, at the Veterans' Administration Hospital, Batavia, New York, which has been determined to be in excess of the needs of the Veterans' Administration and surplus to the needs of all other Federal agencies. Such real property was donated to the United States by the city of Batavia, IVew York, and the county of Genesee, New York. The exact legal description of the real property to be conveyed pursuant to this Act shall be determined by the Administrator of Veterans' Affairs. SEC. 2. Any deed of conveyance made pursuant to this Act shall— (a) provide that the land conveyed shall be used by the city of Batavia, New York, in a manner that will not, in the judgment of the Administrator of Veterans' Affairs, or his designate, interfere with the care and treatment of patients in the Veterans' Administration Hospital, Batavia, New York; (b) contain such additional terms, conditions, reservations, easements, and restrictions as may be determined by the Administrator of Veterans' Affairs to be necessary to protect the interest of the United States; (c) provide that if the city of Batavia, New York, violates any provision of the deed of conveyance or alienates or attempts to alienate all or any part of the parcel so conveyed, title thereto shall revert to the United States; and that a determination by the Administrator of Veterans' Affairs of any such violation or alienation or attempted alienation shall be final and conclusive; and (d) provide that in the event of such reversion improvements shall vest in the United States without payment of compensation therefor. Approved June 7, 1967.

June 7, 1967 [H. R. 399]

B a t a v i a, N. Y. L and convey-

Provisions.

Public Law 90-26 AN ACT To restore the investment credit and the allo\vanc*e of accelerated depreciation ill the case of certain real property.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,, That sections 48(j) and 167(i)(3) of the Internal Revenue Code of 1954 (defining suspension period) are each amended by striking out "December 31, 1967" and inserting in lieu thereof "March 9, 1967". SEC. 2. (a) Section 48(h)(2) of the Internal Revenue Code of 1954 (defining suspension period property) is amended by striking out subparagraphs (A) and (B) and inserting in lieu thereof the following: " (A) the physical construction, reconstruction, or erection of which (i) is begun during the suspension period, or (ii) is

June 13, 1967 [H. R. 6950]

R e a l property. 80 Stat. 1513. 26 USC 4 8, 167. Investment credit.

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