Page:United States Statutes at Large Volume 97.djvu/490

 note. 97 STAT. 458 PUBLIC LAW 98-78 —AUG. 15, 1983 AVIATION INSURANCE REVOLVING FUND The Secretary of Transportation is hereby authorized to make such expenditures and investments, within the limits of funds avail- able pursuant to section 1306 of the Act of August 23, 1958, as amended (49 U.S.C. 1536), and in accordance with section 104 of the Government Corporation Control Act, as amended (31 U.S.C. 9104), as may be necessary in carrying out the programs set forth in the budget for the current fiscal year for aviation insurance activities under said Act. AIRCRAFT PURCHASE LOAN GUARANTEE PROGRAM During fiscal year 1984, no commitments for guarantee of aircraft purchase loans under the Act of September 7, 1957, as amended (49 49 USC app. 1324 U.S.C. 1324 note), shall be made: Provided, That notwithstanding any other provision of law, the Secretary of Transportation may hereafter issue notes or other obligations to the Secretary of the Treasury, in such forms and denominations, bearing such maturi- ties, and subject to such terms and conditions as the Secretary of the Treasury may prescribe. Such obligations may be issued to pay any necessary expenses required pursuant to the guarantee issued under the Act of September 7, 1957, Public Law 85-307, as amended (49 U.S.C. 1324 note). The amount of such obligations when combined with the aggregate of all such obligations made during fiscal year 1983 shall not exceed $175,000,000 by September 30, 1984. Such obligations shall be redeemed by the Secretary from appropriations authorized by this section. The Secretary of the Treasury shall purcheise any such obligations, and for such purpose he may use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as now or hereafter in force. The purpose for which securities may be issued under such Act are extended to include any purchase of notes or other obliga- tions issued under the subsection. The Secretary of the Treasury may sell any such obligations at such times and price and upon such terms and conditions as he shall determine in his discretion. All purchase, redemptions, and sales of such obligations by such Secre- tary shall be treated as public debt transactions of the United States. FEDERAL HIGHWAY ADMINISTRATION LIMITATION ON GENERAL OPERATING EXPENSES Necessary expenses for administration, operation, and research of the Federal Highway Administration, not to exceed $200,000,000, shall be paid, in accordance with law, from appropriations made available by this Act to the Federal Highway Administration together with advances and reimbursements received by the Federal Highway Administration: Provided, That not to exceed $38,650,000 of the amount provided herein shall remain available until expended: Provided further. That notwithstanding any other provi- sion of law, the request for waiver of repayment of Federal funds for the withdrawn 1-335 right of way in Minnesota meets the require- ments of section 103(e)(5)(B) of title 23, United States Code, that it is for a public purpose and in the public interest to waive repayment of Federal funds, and the waiver is granted.

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