61 STAT.] SOTH CONG. , 1 ST SESS.-CH. 163 -JUNE 30, 1947 [CHAPTER 163] 193 AN ACT June 30, 1947 Relative to maximum rents on housing accommodations; to repeal certain provi- [H. R . 3203] sions of Public Law 388, Seventy-ninth Congress, and for other purposes. [Public Law 129] Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, TITLE I-AMENDMENTS TO EXISTING LAW SECTION 1. (a) Sections 1, 2 (b) through 9, and sections 11 and 12, of Public Law 388, Seventy-ninth Congress, are hereby repealed, and any funds made available under said sections of said Act not expended or committed prior to the enactment of this Act are hereby returned to the Treasury: Provided, That any allocations made or committed, or priorities granted for the delivery, of any housing materials or facilities under any regulation or order issued under the authority contained in said Act, and before the date of enactment of this Act, with respect to veterans of World War II their immediate families, and others, shall remain in full force and effect. (b) (1) Whenever the Housing Expediter determines that there is a shortage, or that there is likely to be a shortage, of building mate- rials, he may by regulation or order require of any person or persons a permit as a condition of constructing any building or facilities to be used for amusement or recreational purposes, other than a building or facilities constructed for use in connection with a State or county fair or an agricultural, livestock, or industrial exposition or exhibi- tion, the net proceeds from which are used exclusively for improve- ment, maintenance, and operation of such exposition or exhibition. (2) It shall be unlawful for any person to do or omit to do any act in violation of any regulation or order prescribed under authority of this subsection. Any person who willfully violates the provisions of this paragraph shall, upon conviction thereof, be subject to a fine of not more than $5,000, or to imprisonment for not more than two years, or to both such fine and imprisonment. (3) As used in this subsection, the term "person" includes an indi- vidual, corporation, partnership, association, or any other organized group of persons, or a legal successor or representative of any of the foregoing. SEC. 2 . Section 603 (a) of the National Housing Act, as amended, is amended by striking out "June 30, 1947" wherever appearing therein and inserting in lieu thereof "March 31. 1948". SEC. 3. Title VI of the National Housing Act, as amended, is amended by adding the following new section at the end thereof: "SEC. 609. (a) In order to assist in relieving the acute shortage of housing which now exists and to promote the production of housing for veterans of World War II at moderate prices or rentals within their reasonable ability to pay, through the application of modern industrial processes, the Administrator is authorized to insure loans to finance the manufacture of housing (including advances on such loans) when such loans are eligible for insurance as hereinafter provided. "(b) Loans for the manufacture of houses shall be eligible for insurance under this section if at the time of such insurance, the Administrator determines they meet the following conditions: "(1) The manufacturer shall establish that binding contracts have been executed satisfactory to the Administrator. providing for the purchase and delivery of the number of houses to be manufactured with the proceeds of the loan; "(2) Such houses to be manufactured shall meet such require- ments of sound quality, durability, livability, and safety as may be prescribed by the Administrator; 95347°-48 -pt. 1-18 Housing and Rent Act of 1947. Veterans' Emergen- cy Housing Act of 1946, amendments. 60 Stat. 207. 50 U.S. C. app. §§ 1821-1829, 1831, 1832. Prior allocations of materials, etc. Permit to construct buildings for amuse- ment purposes, etc. Unlawful acts; pen- alty. "Person." 55 Btat. 56; 60 Stat. 212. 12U.S. C. §1738(a). I'st, pp. 777, 945. 55 Stat. 55. 12 U. S. C.§§ 1736- 1743. Post, pp. 208, 777, 945. Insurance of loans to finance manufacture of housing. Conditions.