Page:United States Statutes at Large Volume 85.djvu/68

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PUBLIC LAW 92-14-MAY 14, 1971

[85 STAT.

Public Law 92-14 May 14, 1971 [S. 531]

U.S. P o s t a l Service. Passport application, execution fee. 82 Stat. 446. Effective date.

AN ACT To authorize the United States Postal Service to receive the fee of $2 for execution of an application for a passport. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the proviso clause in section 1 of the Act of June 4, 1920, as amended (22 U.S.C. 214), is hereby further amended by striking out the period after "$2" and inserting in lieu thereof "or to transfer to the Postal Service the execution fee of $2 for each application accepted by that Service." SEC. 2. The amendment made by this Act shall become effective on the date of enactment and shall continue in effect until June 30, 1973. Approved May 14, 1971.

Public Law 92-15 May 18, 1971 [H. R. 4246]

Interest r a t e s and cost-of-living stabilization. Extension.

Ante,

p. 13.

AN ACT

To extend certain laws relating to the payment of interest on time and savings deposits and economic stabilization, and for other purposes. Be it enacted by the Senate and House of Representatives United States of America in Congress assembled,

of the

E X T E N S I O N OF AUTHORITY FOR THE F L E X I B L E R E G U L A T I O N OF I N T E R E S T RATES ON DEPOSITS A N D S H A R E ACCX)UNTS I N F I N A N C I A L INSTITUTIONS

SECTION 1. Section 7 of the Act of September 21, 1966, as amended (Public Law 91-151; Public Law 92-8), is amended by striking out "1971" and inserting in lieu thereof "1973". REMOVAL OF T I M E L I M I T A T I O N ON THE AUTHORITY OF THE P R E S I D E N T TO APPROVE CERTAIN VOLUNTARY A G R E E M E N T S

84 Stat. 796.

SEC. 2. The first sentence of section 717(a) of the Defense Production Act of 1950 (50 U.S.C. App. 2166(a)) is amended by striking out "714 and 719" and inserting in lieu thereof "708,714, and 719". P R I C E A N D WAGE CONTROLS

84 Stat. 799; Post, p. 744. 12 USC 1904 note.

Ante,

p. 13.

SEC. 3. (a) Section 202 of the Economic Stabilization Act of 1970 (Public Law 91-379) is amended— (1) by inserting " (a) " before the text of such section; and (2) by adding at the end thereof a new subsection as follows: " (b) The authority conferred on the President by this section shall not be exercised with respect to a particular industry or segment of the economy unless the President determines, after taking into account the seasonal nature of employment, the rate of employment or underemployment, and other mitigating factors, that prices or wages in that industry or segment of the economy have increased at a rate which is grossly disproportionate to the rate at which prices or wages have increased in the economy generally." (b) Section 206 of such Act is amended by striking out "May 31, 1971" and "June 1, 1971" and inserting in lieu thereof "April 30, 1972" and "May 1, 1972", respectively. Approved May 18, 1971.

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