49 USC 302, required in the proceeding. The Joint Board shall be composed of three Commissioners of the Commission and of four State commissioners nominated by the national organization of the State commissions, as referred to in sections 202(b) and 205(f) of the Interstate Commerce Act, and approved by the Commission. The Chairman of the Commission, or another Commissioner designated by the Commission, shall serve as Chairman of the Joint Board." Approved September 30, 1971. 305. LEGISLATIVE HISTORY: HOUSE REPORT No. 92-429 (Comm. on Interstate and Foreign Commerce). Aug. 2, considered and passed House, Public Law 92-179 December 10, 1971 An Act 85 STAT. 574 To extend the period within which the President may transmit to the Congress plans for the reorganization of agencies of the executive branch of the Government, and for other purposes. Executive Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That (a) section 001(a) of title 5, United States Code, is amended to read as follows: “(a) The Congress declares that it is the policy of the United States “(1) to promote better execution of the laws, more effective management of the executive branch and of its agencies and functions, and expeditious administration of the public business; “(2) to reduce expenditures and promote economy to the fullest extent consistent with the efficient operation of the Government; “(3) to increase the efficiency of the operations of the Government to the fullest extent practicable; “(4) to group, coordinate, and consolidate agencies and functions of the Government, as nearly as may be, according to major purposes; “(5) to reduce the number of agencies by consolidating those having similar functions under a single head, and to abolish such agencies or functions as may not be necessary for the efficient conduct of the Government; and “(6) to eliminate overlapping and duplication of effort." (b) Section 901 of such title is amended by adding at the end thereof the following new subsection: "(c) The President shall from time to time examine the organization of all agencies and shall determine what changes in such organization are necessary to carry out any policy set forth in subsection (a) of this section.” Sec. 2. (a) Section 903(a) of title 5, United States Code, is amended to read as follows: (a) Whenever the President, after investigation, finds that changes in the organization of agencies are necessary to carry out any policy set forth in section 901(a) of this title, he shall prepare a reorganization plan specifying the reorganizations he finds are necessary. Any plan may provide for Reorganization plans. 85 STAT. 575, a “(1) the transfer of the whole or a part of an agency, or of the whole or a part of the functions thereof, to the jurisdiction and control of another agency; “(2) the abolition of all or a part of the functions of an agency; “(3) the consolidation or coordination of the whole or a part of an agency, or of the whole or a part of the functions thereof, with the whole or a part of another agency or the functions thereof; “(4) the consolidation or coordination of a part of an agency or the functions thereof with another part of the same agency or the functions thereof; “(5) the authorization of an officer to delegate any of his functions; or “(6) the abolition of the whole or a part of an agency which agency or part does not have, or on the taking effect of the re organization plan will not have, any functions. The President shall transmit the plan (bearing an identification number) to the Congress together with a declaration that, with respect to each reorganization included in the plan, he has found that the reorganization is necessary to carry out any policy set forth in section 901 (a) of this title." (b) Section 903(b) of such title is amended by inserting after "and to each House while it is in session" a comma and the following: “and furthermore shall not transmit more than one such plan to Congress within any period of thirty consecutive days”. Sec. 3. Section 904 of title 5, United States Code, is amended to read as follows: " 904. Additional contents of reorganization plans “A reorganization plan transmitted by the President under section 903 of this title “(1) may change, in such cases as the President considers necessary, the name of an agency affected by a reorganization and the title of its head, and shall designate the name of an agency resulting from a reorganization and the title of its head; “(2) may provide for the appointment and pay of the head and one or more officers of an agency (including an agency resulting from a consolidation or other type of reorganization) if the President finds, and in his message transmitting the plan declares, that by reason of a reorganization made by the plan the provisions are necessary; “(3) shall provide for the transfer or other disposition of the records, property, and personnel affected by a reorganization; "(4) shall provide for the transfer of such unexpended balances of appropriations, and of other funds, available for use in connection with a function or agency affected by a reorganization, as the President considers necessary by reason of the reorganization for use in connection with the functions affected by the reorganization, or for the use of the agency which shall have the functions after the reorganization plan is effective; and “(5) shall provide for terminating the affairs of an agency abolished. I reorganization plan transmitted by the President containing provisions authorized by paragraph (2) of this section may provide that the head of an agency be an individual or a commission or board with more than one member. In the case of an appointment of the head of such an agency, the term of office may not be fixed at more than four years, the pay may not be at a rate in excess of that found by the President to be applicable to comparable officers in the executive branch, and if the appointment is not to a position in the competitive service, it shall be by the President, by and with the advice and consent of the Senate, except that, in the case of an officer of the government of the District of Columbia, it may be by the Commissioner or other body or officer of that government designated in the plan. Any reorganization plan transmitted by the President containing provisions required by paragraph (4) of this section, shall provide for the transfer of unexpended balances only if such balances are used for the purposes for which the appropriation was originally made." 85 STAT. 576 80 Stat. 396. Sec. 4. (a) Section 905 (a) of title 5 of the United States Code is amended by striking out "or" at the end of paragraph (5), by striking out the period at the end of paragraph (6) and inserting in lieu thereof a semicolon and the word "or", and by adding after paragraph (6) the following new paragraph: "(7) dealing with more than one logically consistent subject matter." (b) Section 905(b) of title 5, United States Code, is amended by striking out “April í, 1971” and inserting in lieu thereof “April i, 1973". Sec. 5. Section 911(a) of title 5, United States Code, is amended by striking out “10 calendar days” and inserting in lieu thereof “20 calendar days”. Approved December 10, 1971, 83 Stat. 6. LEGISLATIVE HISTORY: HOUSE REPORT No. 92-146 (Comm. on Government Operations). May 3, considered and passed House. Public Law 92-213 December 22, 1971 Joint Resolution 85 STAT, 775 To extend the authority of the Secretary of Housing and Urban Derelopment with respect to interest rates on insured mortgages, to extend and modify certain provisions of the National Flood Insurance Act of 1968, and for other purposes. Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, Housing. Certain laws, extension, FLEXIBLE INTEREST RATE AUTHORITY Sectiox 1. Section 3(a) of the Act entitled "An Act to amend chapter 37 of title 38 of the United States Code with respect to the veterans' home loan program, to amend the National Housing Act with respect to interest rates on insured mortgages, and for other purposes”, approved May 7, 1968, as amended (12 U.S.C. 1709-1), is amended by striking out "January 1, 1972" and inserting in lieu thereof “June 30, 1972". 84 Stat. 461. 83 Stat. 396. 42 USC 4056. 82 Stat. 579. 42 USC 4021. AMENDMENTS TO THE FEDERAL FLOOD INSURANCE ACT OF 1968 Sec. 2. (a) Section 1336(a) of the Housing and Urban Development Act of 1968 is amended by striking out “December 31, 1971" and inserting in lieu thereof “December 31, 1973”. (b) The provisions of section 1314(a) (2) of such Act shall not apply with respect to any loss, destruction, or damage of real or personal property that occurs on or before December 31, 1973. (c)(1) Section 1305 (a) of such Act is amended by striking out "and" after “families" and inserting in lieu thereof ", church properties, and”. (2) Section 1306(b)(1)(C) of such Act is amended by inserting "church properties, and" immediately before "any other properties which may become”. 42 USC 4012. TEMPORARY WAIVER OF CERTAIX LIMITATIONS APPLICABLE TO THE PUR CHASE OF MORTGAGES BY THE GOVERNMENT NATIONAL MORTGAGE Sec. 3. When the Secretary of Housing and Urban Development determines that such action is necessary to avoid excessive discounts on federally insured or guaranteed 'mortgages, the Government National Mortgage Association may, for a period of 6 months after the date of approval of this joint resolution, issue commitments to purchase mortgages with original principal obligations not more than 50 per centum in excess of the limitations imposed by clause (3) of the proviso to the first sentence of section 302 (b)(1) of the National Housing Act, and it may purchase the mortgages so committed to be 73 Stat. 669; 83 Stat. 385. purchased. 12 USC 1717. EXTENSION OF DATES APPLICABLE TO CERTAIN PROVISIONS OF LAW RELATING TO THE TAXATION OF NATIONAL BANKS note, Sec. 4. (a) The Act entitled "An Act to clarify the liability of national banks for certain taxes”, approved December 24, 1969 (83 Stat. 434), is amended by striking out “1972" in sections 2(b) and 12 USC 548 3(a) and inserting in lieu thereof “1973". (b) The Board of Governors of the Federal Reserve System shall Study. make a study of the probable impact on the revenues of State and local governments of the extension under subsection (a) of the termination date of interim provisions regarding intangible personal prop- 85 STAT. 776 erty taxes of State and local governments on national banks. The Report to Board shall report the results of its study to the Congress not later Congress. than six months after the date of approval of this joint resolution. REQUIREMENT AFFECTING THE PREPAYMENT OF PREMIUMS BY INSURED INSTITUTIONS TO THE FEDERAL SAVINGS AND LOAN INSURANCE CORPO- Sec. 5. Section 404(g) of the National Housing Act is amended by striking out “184” and inserting in lieu thereof 136". 75 Stat. 483. 12 USC 1727. WAIVER OF CERTAIN REQUIREMENTS APPLICABLE TO GRANTS FOR BASIC WATER AND BEWER FACILITIES Sec. 6. Section 702(c) of the Housing and Urban Development Act of 1965 is amended by striking out “October 1, 1971” and inserting in lieu thereof“June 30, 1972". 82 Stat. 534; 84 Stat. 886. 42 USC 3102. EXPANSION OF SUPPLEMENTAL GRANT ASSISTANCE UNDER NEW COMMUNITY ASSISTANCE PROGRAM Sec. 7. The first sentence of section 718(a) of the Housing and Urban Development Act of 1970 is amended by striking out "State or local public body or agency” and inserting in lieu thereof “State, local public body or agency, or other entity". 84 Stat. 1799. 42 USC 4519. INCREASE OF AUTHORIZATIONS FOR COMPREHENSIVE PLANNING GRANTS AND OPEN-SPACE LAND GRANTS 84 Stat. 1780. 40 USC 461. Sec. 8. (a) The fifth sentence of section 701 (b) of the Housing Act of 1954 is amended by striking out "$420,000,000" and inserting in lieu thereof “$470,000,000". (b) Section 708 of the Housing Act of 1961 is amended by striking out "$560,000,000” and inserting in lieu thereof "$660,000,000". 84 Stat. 1783. 42 USC 1500d. PUBLIC HOUSING RENT REDUCTIONS Sec. 9. Section 2(1) of the United States Housing Act of 1937 is amended by adding at the end thereof a new paragraph as follows: “Notwithstanding any other provision of Federal law or regulations thereunder, a public agency shall not reduce welfare assistance 73 Stat. 6 80; 83 Stat. 389; 84 Stat. 1778, 42 USC 1402. payments to any tenant or group of tenants in low-rent housing as a result of any reduction in rent resulting from the application of the rent limitation set forth in this paragraph (1) and required by such limitation.” SBA GUARANTEE OF DEBENTURES ISSUED BY SMALL BUSINESS INVESTMENT COMPANIES 81 Stat. 270. 15 USC 683. 85 STAT, 777 Sec. 10. Section 303(b) of the Small Business Investment Act of 1958 is amended (1) by inserting the following in lieu of the first sentence thereof: "To encourage the formation and growth of small business investment companies the Administration is authorized (but only to the extent that the necessary funds are not available to said company from private sources on reasonable terms) when authorized in appropriation Acts, to purchase, or to guarantee the timely payment of all principal and interest as scheduled on, debentures issued by such companies. Such purchases or guarantees may be made by the Administration on such terms and conditions as it deems appropriate, pursuant to regulations issued by the Administration. The full faith and credit of the United States is pledged to the payment of all amounts which may be required to be paid under any guarantee under this subsection."; (2) by inserting "or guaranteed" following "purchased” each time it appears in paragraphs (1) and (2) thereof and in the second sentence thereof; (3) by inserting "or guarantees" following "purchases" in the last sentence of paragraph (2) thereof; and (4) by inserting or guarantee" following "purchase" in paragraph (3) thereof. Approved December 22, 1971. LEGISLATIVE HISTORY: HOUSE REPORT No. 92-727 (Comm. of Conference). Affairs). Nov. 20, considered and passed Senate. Public Law 92-216 December 22, 1971 85 STAT. 778 Extending the dates for transmission of the Economic Report and the report of the Joint Economic Committee. President's Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That (a) notwithstanding the provisions of section 3 of the Act of February 20, 1946, as amended (15 U.S.C. 1022), the President shall transmit to the Congress not later than February 15, 1972, the Economic Report; and (b) notwithstanding the provisions of clause (3) of section 5(b) of the Act of February 20, 1946 (15 U.S.C. 1024 (b)), the Joint Economic Committee shall file its report on the President's Economic Report with the House of Representatives and the Senate not later than March 10, 1972. Approved December 22, 1971. 62 Stat. 16; 85 Stat. 4. LEGIS LATIVE HISTORY: CONGRESSIONAL RECORD, Vol. 117 (1971): Dec. 14, considered and passed Senate and House, |