Page:United States Statutes at Large Volume 99 Part 1.djvu/1118

 99 STAT. 1096

PUBLIC LAW 99-177—DEC. 12, 1985 (G) all other funds (other than the funds referred to in subsection (b) or (c)) listed in Table III of the Monthly Statement of the Public Debt issued by the Department of the Treasury for November 30, 1985.

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(b) RESTORATION OF DEPARTMENT OF DEFENSE MILITARY RETIREMENTFUND.—

(1) ISSUANCE OF OBLIGATIONS.—The Secretary of the Treasury

31 USC 3101 ^^ 5^9 Ante, p. 1037.

shall immediately issue to the Department of Defense Military Retirement Fund obligations under chapter 31 of title 31, United States Code, which such Secretary, in consultation with the Secretary of Defense, determine s would h a v e been issued to such fund on October 1, 1985, if H.J. Res. 372 (99th Congress, 1st Session), a s deemed passed by the House of Representatives o n August 1, 1985, h a d been enacted into law o n August 1, 1985. Such obligations shall b e market-based special obligations issued at prices, including accrued interest, prevailing for such obligations on October 1, 1985. Such obligations shall be substituted for all obligations which were purchased by such fund during the period beginning with October 1, 1985, and ending with November 14, 1985, with amounts which were transferred to such fund on October 1, 1985. (2) APPROPRIATION TO FUND OF INTEREST LOST ON OR AFTER OCTOBER 1, 1985.—

(A) IN GENERAL.—The Secretary of the Treasury shall immediately pay to the Department of Defense Military Retirement Fund, from amounts in the general fund of the Treasury not otherwise appropriated, an amount determined by such Secretary, in consultation with the Secretary of Defense, to be equal to the excess of— (i) the interest which would have been earned by such fund during the period beginning with October 1, 1985, and ending with November 14, 1985, if the obligations issued pursuant to paragraph (1) had been issued on October 1, 1985, over (ii) the amount of interest actually collected by such fund during such period on obligations purchased by such fund with amounts which were transferred to such fund on October 1, 1985. (B) INVESTMENT OF INTEREST RECEIPTS.—The Secretary of

the Treasury shall immediately invest the amount paid to the Department of Defense Military Retirement Fund pursuant to subparagraph (A) in obligations designated by the Secretary of Defense. Such obligations shall be marketbased special obligations issued with an issue date of November 15, 1985, and at prices, including accrued interest, prevailing for such obligations on November 15, 1985. (c) APPROPRIATION TO CERTAIN FUNDS WITH UNINVESTED BALANCES AFTER DECEMBER 6, 1985.—

31 USC 3101 et seq.

RESPECT TO

(1) IN GENERAL.—The Secretary of the Treasury shall immediately pay, from amounts in the general fund not otherwise appropriated, to each fund which is listed in Table III of the Monthly Statement of the Public Debt issued by the Department of the Treasury for November 30, 1985, and which invests in market-based special obligations under chapter 31 of title 31, United States Code, an amount equal to the interest which would have been earned by such fund during the period begin-

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