Open main menu

Page:United States Statutes at Large Volume 61 Part 1.djvu/818

This page needs to be proofread.


PUBLIC LAWS-CHS. 510, 511-AUG. 6 , 1947 60 Stat. 993 . 42 U. . C.i303 note. 58 Stat. 792. 0U.S.C.app. 1651 note. 58 Stat. 789. 42 U. S. C. §51104, 1321; 50 U. . C. app. 5§1666, 1667 . 58 Stat. 790. 42 U. S.O . 1104 (h); 50U.S.C.app. § 1666 (h). Federal unemploy- ment account. 49 Stat. 639. 42 U. .S. . S1101- 1110. 53 Stat. 183 . 26U.S. . §§ 1600- 1611. Ante, p. 416. "U n employment administrative ex- penditures. " 49 Stat. 626 . 42 U.S. C.0 501- 503. Supra. Supra. 42U.8.C. 1103 note. 62 Stat. 1105 . 456 . S.C . 1361(b). 58 Stat. 790 . 42U.S.C.1321 (a); 50 U. S. 0. app. 1667 (a). Short title. August 6, 1947 [H. R . 4070] [Public Law 380] Patents. Italy, Bulgaria, Hungary, Rumania. 25 Stat. 1372. "(3) With respect to wages paid after December 31, 1951, the rate shall be 2 per centum." SEC. 3 . Section 504 of the Social Security Act Amendments of 1946 (Public Law 719, Seventy-ninth Congress), fixing the termination date of amendments relating to grants to States for old-age assistance, aid to the blind, and aid to dependent children, is hereby amended by striking out "December 31, 1947" and inserting in lieu thereof "June 30, 1950". SEC. 4. Section 603 of the War Mobilization and Reconversion Act of 1944 (terminating the provisions of such Act on June 30, 1947) shall not be applicable in the case of the amendments made by title IV of such Act to the Social Security Act. SEC. 5 . (a) Section 904 (h) of the Social Security Act is hereby amended to read as follows: "(h) There is hereby established in the Unemployment Trust Fund a Federal unemployment account. There is hereby authorized to be appropriated to such Federal unemployment account a sum equal to (1) the excess of taxes collected prior to July 1, 1946, under title IX of this Act or under the Federal Unemployment Tax Act, over the total unemployment administrative expenditures made prior to July 1, 1946, plus (2) the excess of taxes collected in each fiscal year beginning after June 30, 1946, and ending prior to July 1, 1949, under the Fed- eral Unemployment Tax Act, over the unemployment administrative expenditures made in such year, and the excess of such taxes collected during the period beginning on July 1, 1949, and ending on December 31, 1949, over the unemployment administrative expenditures made during such period. Any amounts in the Federal unemployment account on April 1, 1950, and any amounts repaid to such account after such date, shall be covered into the general fund of the Treasury. As used in this subsection, the term 'unemployment administrative expenditures' means expenditures-for grants under title III of this Act, expenditures for the administration of that title by the Board or the Administrator, and expenditures for the administration of title IX of this Act, or of the Federal Unemployment Tax Act by the Department of the Treasury, the Board, or the Administrator. For the purposes of this subsection there shall be deducted from the total amount of taxes collected prior to. July 1, 1943, under title IX of this Act, the sum of $40,561,886.43 which was authorized to be appropri- ated by the Act of August 24, 1937 (50 Stat. 754) and the sum of $18,451,846 which was authorized to be appropriated by section 11 (b) of the Railroad Unemployment Insurance Act." (b) Section 1201 (a) of the Social Security Act is hereby amended by striking out "on June 30, 1945, or on the last day in any ensuing calendar quarter which ends prior to July 1, 1947", and inserting in lieu thereof "on June 30, 1947, or on the last day in any ensuing calen- dar quarter which ends prior to January 1, 1950". SEC. 6. This Act may be cited as the "Social Security Act Amend- Approved August 6, 1947. [CHAPTER 511] AN ACT To carry into effect certain parts relating to patents of the treaties of peace with Italy, Bulgaria, Hungary, and Rumnia, ratified by the Senate on June 5, 1947, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Interna- tional Convention for the Protection of Industrial Property of 1883, as amended, is considered as reestablished and in full force and effect 794 [61 STAT.