Public Works and Economic Development Act of 1965: Hearings Before the Committee on Public Works, House of Representatives, Eighty-ninth Congress, First Session, on H.R. 6991, May 10, 11, 12, 13, 14, 18, 19, and 26, 1965

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U.S. Government Printing Office, 1965 - 414 lappuses
Considers H.R. 6991 and related H.R. 6992, H.R. 6993, H.R. 6994, H.R. 6995, H.R. 6996, H.R. 6997 and S. 1648, to alleviate unemployment and underemployment in economically distressed areas by making available grants and loans for building or upgrading public works and facilities.
 

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367. lappuse - ... (d) the loan bears interest at a rate not less than (1) a rate determined by the Secretary of the Treasury, taking into consideration the average market yield on outstanding Treasury obligations of comparable maturity, plus (2) such additional charge, if any, toward covering other costs of the program as the Director may determine to be consistent with its purposes : Provided, however.
5. lappuse - Interest on loans made under this section shall be at a rate not less than (i) a rate determined by the Secretary of the Treasury taking into consideration the current average market yield on outstanding marketable obligations of the United States with remaining periods to maturity comparable to the average maturities of such loans adjusted to the nearest one-eighth of 1 per centum, plus (ii) an allowance adequate in the judgment of the Secretary of Transportation to cover administrative costs and...
13. lappuse - No suit, action, or other proceeding lawfully commenced by or against the head of any agency or other officer of the United States, in his official capacity or in relation to the...
3. lappuse - Treasury taking into consideration the current average market yield on outstanding marketable obligations of the United States with remaining periods to maturity comparable to the average maturities of such loans, adjusted to the nearest one-eighth of 1 per centum, less (ii) not to exceed one-half of 1 per centum per annum.
12. lappuse - Commerce may sue and be sued in any court of record of a State having general jurisdiction or in any United States district court, and jurisdiction is conferred upon such district court to determine such controversies without regard to the amount in controversy; but no attachment, injunction, garnishment, or other similar process, mesne or final, shall be issued against him or his property.
19. lappuse - In order to enable the people, States, and local communities of the region, including local development districts, to take maximum advantage of Federal grant-in-aid programs (as hereinafter...
15. lappuse - ... (b) The Secretary and the Comptroller General of the United States, or any of their duly authorized representatives, shall have access for the purpose of audit and examination to any books, documents, papers, and records of the recipient that are pertinent to assistance received under this Act.
15. lappuse - Administration to such business enterprise, to refrain from employing, tendering any office or employment to, or retaining for professional services, any person who, on the date such assistance or any part thereof was...
14. lappuse - Government on a reimbursable basis. (b) Departments and agencies of the Federal Government shall exercise their powers, duties, and functions in such manner as will assist in carrying out the objectives of this Act.
15. lappuse - Act unless such laborer or mechanic receives compensation at a rate not less than one and one-half times his basic rate of pay...

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