Page:United States Statutes at Large Volume 88 Part 1.djvu/812

 768

22 USC 2199.

II ^^^ nil' 22 USC 2200. """""

22 USC 2200. 22 USC 2200a. Report to e o n gress.

PUBLIC LAW 93-391-AUG. 28, 1974

[88 STAT.

by the insured and such affiliates. The preceding sentence shall not apply to the extent not permitted by State law."; (H) in subsection (g), after "guaranty", insert a comma and "insurance, or reinsurance"; (I) in subsection (h), strike out "or guaranties" and insert in lieu thereof a comma and "guaranties, or reinsurance"; (J) in subsection (i), after "insurance", insert ", reinsurance,"; and (K) strike out subsection (k) and insert in lieu thereof the following: " (k) I n making a determination to issue insurance, guaranties, or reinsurance under this title, the Corporation shall consider the possible adverse effect of the dollar investment under such insurance, guaranty, or reinsurance upon the balance of payments of the United States," (5) I n section 239—(A) in subsection (b), add the following new sentences at the end thereof: "On December 31, 1979, the Corporation shall cease operating the programs authorized by section 234(b) through ^g^ ^^^ section 240. Thereafter, the President is authorized to transfer such programs, and all obligations, assets, and related rights and responsibilities arising out of, or related to, such programs to other agencies of the United States. Upon any such transfer, these programs shall be limited to countries with per capita income of $450 or less in 1973 dollars."; and (B) add at the end thereof the following: " (h) Within six months after the date of enactment of this subsection the Corporation shall develop and implement specific criteria intended to minimize the potential environmental implications of projects undertaken by investors abroad in accordance with any of the programs authorized by this title." (6) I n section 240(h), strike out "1974" and insert in lieu thereof "1977". (7) In section 240A, strike out subsection (b) and insert in lieu thereof the following: "(b) Not later than January 1, 1976, the Corporation shall submit to the Congress an analysis of the possibilities of transferring all of its activities to private insurance companies, multilateral organizations and institutions, or other entities." Approved August 27, 1974. Public Law 93-391

August 28, 1974

[H. R. 15405]

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Making appropriations for the Department of Transportation and related agencies for the fiscal year ending June 30, 1975, and for other purposes.

Be it enacted by the Senate and House of Representatives of the Department^of ^^ jjry^llQ^ States of America in Congress assembled, That the following Relat^dTgencie" sums are appropriated, out of any money in the Treasury not otherAppropriation ^jg^ appropriated, for the Department of Transportation and related Act, 1975. agencies for the fiscal year ending June 30, 1975, and for other purposes, namely:

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