Page:United States Statutes at Large Volume 101 Part 2.djvu/1072

This page needs to be proofread.
101 STAT. 1330-278
101 STAT. 1330-278
PUBLIC LAW 100-000—MMMM. DD, 1987

101 STAT. 1330-278

PUBLIC LAW 100-203—DEC. 22, 1987

provisions of subsection (b) of this section for each such fiscal year. (3) PRELIMINARY AUDIT AND REPORT BY THE GENERAL ACCOUNT-

ING OFFICE.—No later than September 1, 1988 for fiscal year 1988, and September 1, 1989 for fiscal year 1989, the General Accounting Office shall— (A) conduct an audit of the plans and adjustments to the plans submitted by the United States Postal Service under paragraphs (1) and (2) of this subsection and determine the extent of compliance of the Postal Service with such plans and the requirements of subsection (b) of this section; and (B) submit a report of such audit and determinations to the Committee on Governmental Affairs of the Senate and the Committee on Post Office and Civil Service of the House of Representatives. ^° (4) DETERMINATION OF COMPLIANCE.—On October 31, 1988

for fiscal year 1988, and on October 31, 1989 for fiscal year 1989, the General Accounting Office shall— (A) make a final audit and determination of whether the United States Postal Service is in compliance with the requirements of subsection (b) of this section; (B) submit a final report for each such fiscal year on such compliance to the Committee on Governmental Affairs of the Senate and the Committee on Post Office and Civil Service of the House of Representatives; and (C) include in each final report submitted under subparagraph (B), such recommendations (if applicable) for any actions to enforce compliance with the provisions of subsection (b) of this section. (5) COMPLIANCE IN FISCAL YEARS 1988 AND 1989.—Based on the determination of compliance required by subsection (c)(4) of this section for fiscal years 1988 and 1989, the Congress shall (after receiving the recommendation of the General Accounting Office under paragraph (4)(C)) determine appropriate action, if necessary, to enforce compliance with any payment limitation under subsection (b) of this section. SEC. 6004. TECHNICAL CLARIFICATION.

For purposes of section 202 of the Balanced Budget and Emergency Deficit Reaffirmation Act of 1987, the amendments made by this title shall be considered an exception under subsection (b) of such section.

TITLE VII—VETERANS' PROGRAMS SEC. 7001. SALES OF VENDEE LOANS WITH OR WITHOUT RECOURSE.

Section 1816(d) of title 38, United States Code, is amended— (1) by redesignating paragraph (3) as subparagraph (C); (2) by inserting after paragraph (2) the following: "(3)(A) Before October 1, 1989, notes evidencing such loans may be sold with or without recourse as determined by the Administrator, with respect to specific proposed sales of such notes, to be in the best interest of the effective functioning of the loan guaranty program under this chapter, taking into consideration the comparative cost'° Paragraphs "(4)", "(A)", "(B)", and "(C)", indented wrong.