Page:United States Statutes at Large Volume 62 Part 1.djvu/424

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394 PUBLIC LAWS-CHS. 464, 465-JUNE 14, 1948 [62 STAT. Aptpprhiation a- are located. The Legislature of the Territory is authorized to appro- to. priate out of the treasury of the Territory such sums as it deems necessary to augment the Hawaiian home-loan fund, the Hawaiian home-development fund, the Hawaiian home-operating fund, and the Hawaiian home-administration account, and to provide the Commis- sion with funds sufficient to execute and carry on such projects and Issuance of bonds, activities. The legislature is further authorized to issue bonds to the extent required to yield the amount of any sums so appropriated for the payment of which, if issued for revenue-producing improvements, Ante, p. 31. the Commission shall provide, as set forth in section 213 (d)." SEC. 8 . Section 222 of the Hawaiian Homes Commission Act, 1920, 48U. S. C. S694. as last amended by the Act of November 26, 1941 (55 Stat. L. 787), is hereby further amended by amending the second sentence thereof to vouchersnttin f read as follows: "All expenditures of the Commission, as herein provided out of the Hawaiian home-administration account, the Hawaiian home-development fund, or the Hawaiian home-operating fund, and all moneys necessary for loans made by the Commission, in accordance with the provisions of this chapter, from the Hawaiian home-loan fund, shall be allowed and paid upon the presentation of itemized vouchers therefor, approved by the Chairman of the Commission." 48 ut. C. 707a. SEC. 9. Section 225 of the Hawaiian Homes Commission Act, 1920, as amended, is hereby further amended to read as follows: "SEc. 225. INVESTMENT OF LOAN FUNDs; DISPOSITION.- The Com- mission shall have the power and authority to invest and reinvest any of the moneys in the loan fund, not otherwise immediately needed for the purposes of the fund, in such bonds and securities as authorized by Territorial law for the investment of Territorial sinking fund moneys. Any interest or other earnings arising out of such investments shall be credited to and deposited in the Hawaiian home-operating fund and shall be considered a deposit therein from the other sources Ante, p. 391. mentioned in section 213 (d)." Effectivedate. SEC. 10. This Act shall take effect on and after the date of its approval. Approved June 14, 1948. [CHAPTER 465] June 14,1948 AN ACT [H. R.n728 Making appropriations for the Department of Labor, the Federal Security [Public Law 6391 Agency, and related independent agencies, for the fiscal year ending June 30, 1949, and for other purposes. Be it enacted by the Senate and House of Representatives of the cutabAFpederpiati8 o United States of America in Congress assembled, That the following Act. 1949 . sums are appropriated, out of any money in the Treasury not other- wise appropriated, for the Department of Labor, the Federal Security Agency, and related independent agencies, for the fiscal year ending June 30,1949, namely: TITLE I-DEPARTMENT OF LABOR OFFICE OF THE SECRETARY Podt, p. 449 Salaries and expenses: For expenses necessary for the Office of the Secretary of Labor (hereafter in this title referred to as the Secretary), including personal services in the District of Columbia; health service 60 Stat. 903. program as authorized by law (5 U. S. C . 150); teletype news service; and payment in advance when authorized by the Secretary for dues or fees for library membership in organizations whose publications are available to members only or to members at a price lower than to the general public; $975,000.