Page:United States Statutes at Large Volume 89.djvu/472

 89 STAT. 412 Confidential financial information disclosure, prohibition. 12 USC 1904 note. 12 USC 1904 note.

Appropriation authorization. 12 USC 1904 note. Termination date, extension. 12 USC 1904 note.

PUBLIC LAW 94-78—AUG. 9, 1975 SEC. 5. Section 4 of the Council on Wages and Price Stability Act is amended by adding at the end thereof the following new subsection: "(f)(1) Product line or other category information relating to an individual firm or person and obtained under section 2(g) shall be considered as confidential financial information under section 552 (b)(4) of title 5 of the United States Code and shall not be disclosed by the Council.". "(2) Periodic reports obtained by the Council under section 2(g) and copies thereof which are retained by the reporting firm or person shall be immune from legal process.". SEC. 6. Section 6 of the Council on Wage and Price Stability Act is amended by striking out "$1,000,000 for the fiscal year ending June 30, 1975" and inserting in lieu thereof "$1,700,000 for each fiscal year ending prior to October 1, 1977". SEC. 7. Section 7 of the Council on Wage and Price Stability Act is amended by striking out "August 15, 1975" and inserting in lieu thereof "September 30, 1977". Approved August 9, 1975.

LEGISLATIVE HISTORY: HOUSE REPORT No. 94-389 accompanying H.R. 8731 (Comm. on Banking, Currency, and Housing). SENATE REPORT No. 94-84 (Comm. on Banking, Housing, and Urban Affairs). CONGRESSIONAL RECORD, Vol. 121 (1975): May 5, 6, considered and passed Senate. July 31, considered and passed House, amended, in lieu of H.R. 8731. Aug. 1, Senate Concurred in House amendment. WEEKLY COMPILATION OF PRESIDENTIAL DOCUMENTS, Vol. 11, No. 33: Aug. 11, Presidential statement.

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