Page:United States Statutes at Large Volume 72 Part 1.djvu/310

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[72 Stat. 268]
PUBLIC LAW 85-000—MMMM. DD, 1958
[72 Stat. 268]

268

PUBLIC LAW 85-477-JUNE 30, 1958

[72 S T A T.

tion shall not affect the authority of the Development Loan Fund to make loans for such purpose, so long as such loans are made in accordance with the provisions of title II of chapter II "; and strike out the last sentence. CHAPTEK III—CONTINGENCY FUND PRESIDENT'S SPECIAL AUTHORITY AND CONTINGENCY FUND

22 USC 1921.

Appropriation.

SEC. 301. The section of the Mutual Security Act of 1954, as amended, redesignated by paragraph (12)(B) of section 501 of this ^ c t as section 451 of chapter III of the Mutual Security Act of 1954, as amended, which relates to the President's special authority, is amended as follows: (a) Insert "AND CONTINGENCY FUND" after "AUTHORITY" in the heading of this section. (b) Subsection (a) is amended as follows: (1) I n the first sentence, insert "for use" after "made available"; strike out "such use by section 400(a) of this Act" and substitute "use under this subsection by subsection (b) of this section"; strike out "pursuant to authorizations contained in" and substitute "for use under"; and (2) I n the second and last sentence strike out "section" both times it appears and substitute "subsection". (c) Redesignate subsection (b) as subsection (c), and insert the following new subsection (b): "(jj) There is hereby authorized to be appropriated to the President for the fiscal year 1959 not to exceed $155,000,000 for assistance authorized by this Act, other than by title II of chapter II, in accordance with the provisions of this Act applicable to the furnishing of such assistance. $100,000,000 of the funds authorized to be appropriated pursuant to this subsection for any fiscal year may be used in such year in accordance with the provisions of subsection (a) of this section." (d) In the last sentence of subsection (c), insert "subsection (a) of" after "under". CHAPTER IV—GENERAL AND ADMINISTRATIVE PROVISIONS GENERAL

22 USC 1754.

PROVISIONS

SEC. 401. The chapter designated by paragraph (16) of section 501 of this Act as chapter IV of the Mutual Security Act of 1954, as amended, which relates to general and administrative provisions, is further amended as follows: (a) Section 502, which relates to use of foreign currencies by committees of the Congress, is amended by striking out the proviso in subsection (b) and inserting the following: ": Provided, That each member or employee of any such committee shall make, to the chairman of such committee in accordance with regulations prescribed by such committee, an itemized report showing the amounts and dollar equivalent values of each such foreign currency expended, together with the purposes of the expenditure, including lodging, meals, transportation, and other purposes. Within the first sixty days that Congress is in session in each calendar year, the chairman of each such committee shall consolidate the reports of each member and employee of the committee and forward said consolidated report, showing the total itemized expenditures of the committee and each subcommittee thereof during