Page:United States Statutes at Large Volume 77.djvu/195

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[77 STAT. 163]
PUBLIC LAW 88-000—MMMM. DD, 1963
[77 STAT. 163]

77 STAT.]

PUBLIC LAW 88-127-SEPT. 23, 1963

163

SEC..5. The analysis of chapter H5 of title 88, United States Code, is amended by adding at the end thereof the following: "SriBCHAPTKK V l l — S T A T E APPROVING AGENCIES

•'1771. "1772. •'1773. "1774. "1775. "1776. "1777. "1778.

Desigiirttion. Approval of courses. C'ooperation. Reimbursement of expenses. Approval of accredited courses. Approval (•f uonaccre<lited courses. Notice of approval of courses. Disapproval of cour.ses."

Approved September 23, 1963.

Public Law 88-127 AN ACT

I'o extend and broaden the authority to insure mortgages under sections 809 and 810 of the National Housing Act.

September 23, 1963

^^" ^^^^^

Be it eTioGted by the Sermte and House of Representatives of the United States of America in Congress assembled, That section 809 of National Housing Act, amendment. the National Housing Act is amended— (1) by striking out "October 1, 1963" in subsection (f) and Mortgages. 70 Stat. 273; inserting in lieu thereof "October 1, 1965"; 76 Stat. 418. (2) by striking out the first sentence of subsection (g)(1) and 12 USC 1748h-l. inserting in lieu thereof the following: "A mortgage secured by 74 Stat. 915. property which is intended to provide housing for a person (i) employed or assigned to duty at or in connection with any research or development installation of the National Aeronautics and Space Administration and which is located at or near such installation, or (ii) employed at any research or development installation of the Atomic Energy Commission and which is located at or near such installation, may (if the mortgage otherwise meets the requirements of this section) be insured by the Commissioner under the provisions of this section."; and (3) by striking out clause (B) in subsection (g)(2) ( i i i) and 12 USC 1748h-l. inserting in lieu thereof the following: " (B) persons employed at or in connection with any research or development installation of the Atomic Energy Commission, as the case may be;". 73 Stat. 683; SEC. 2. Section 810 of the National Housing Act is amended— 75 Stat. 180. (1) by striking out clause (1) of subsection (b) and inserting 12 USC 1748h-2. in lieu thereof the following: "(1) the housing which is covered by the insured mortgage is necessary in the interest of national security in order to provide adequate housing for (A) military personnel and essential civilian personnel serving or employed in connection with any installation of one of the armed services of the United States, or (B) essential personnel employed or assigned to duty at or in connection with any research or development installation of the National Aeronautics and Space Administration or of the Atomic Energy Commission,"; (2) by striking out in the second sentence of subsection (d) 12 USC 1748h-2. "and employees of contractors for the armed services", and inserting in lieu thereof the following: "employees of contractors for the armed services, and persons described in clause (1)(B) of subsection (b) of this section"; and (3) by striking out "October 1, 1963" in subsection (k) and 73 Stat. 683; 76 Stat. 418. inserting in lieu thereof "October 1, 1965". 12 USC 1748h-2. Approved September 23, 1963.