Page:United States Statutes at Large Volume 91.djvu/1125

 PUBLIC LAW 95-121—OCT. 6, 1977

91 STAT. 1091

Public Law 95-121 95th Congress An Act To amend the Council on Wage and Price Stability Act to extend its termination date, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That section 7 of the Council on Wage and Price Stability Act is amended by striking out "September 30, 1977" and inserting in lieu thereof "September 30, 1979". SEC. 2. Section 6 of the Council on Wage and Price Stability Act is amended by inserting "not to exceed $2,210,000 for the fiscal year ending September 30, 1978, and not to exceed $2,210,000 for the fiscal year ending September 30, 1979," immediately after "October 1, 1977,". SEC. 3. Section 3(a)(5) of the Council on Wage and Price Stability Act is amended by inserting "and focus attention on the need to move toward full employment" immediately before the semicolon. SEC. 4. Section 3(a)(4) of the Council on Wage and Price Stability Act is amended by inserting "for the purpose of controlling inflation" immediately before the semicolon. SEC. 5. Subsection (a) of section 3 of the Council on Wage and Price Stability Act is amended— (1) by striking out "and" at the end of paragraph (7); (2) by striking out the period at the end of paragraph (8) and inserting in lieu thereof "; and"; and (3) by adding at the end thereof the following new paragraph: "(9) review information about and analyze the effects on the United States economy of— " (A) the participation of the United States in international trade and commerce; "(B) the changing patterns of supplies and prices of commodities in the world market; "(C) the investment of United States capital in foreign countries; "(D) short- and long-term weather changes in the world; " (E) interest r a t ^; " (F) capital formation; and "(G) the changing patterns of world energy supplies and prices.".

Oct. 6, 1977 [H.R. 6951]

Council on Wage and Price Stability Act, amendment. 12 USC 1904 note. Appropriation authorization. 12 USC 1904 note. Council duties. 12 USC 1904 note.

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