Page:United States Statutes at Large Volume 98 Part 2.djvu/671

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PUBLIC LAW 98-000—MMMM. DD, 1984

PUBLIC LAW 98-469—OCT. 11, 1984

98 STAT. 1831

Public Law 98-469 98th Congress An Act To extend through September 30, 1988, the period during which amendments to the United States Grain Standards Act contained in section 155 of the Omnibus Budget Reconciliation Act of 1981 remain effective, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That section 155 of the Omnibus Budget Reconciliation Act of 1981 (95 Stat. 371), is amended by striking out in the introductory clause "Effective for the period October 1, 1981, through September 30, 1984, inclusive," and inserting in lieu thereof "Effective for the period beginning October 1, 1981, and ending September 30, 1988,". SEC. 2. Effective for the period beginning with the date of enactment of this Act and ending September 30, 1988, the United States Grain Standards Act, as amended by the Omnibus Budget Reconciliation Act of 1981, is amended by— (1) adding at the end of section 7(j) (7 U.S.C. 79(j)) a new paragraph as follows: "(3) Any sums collected or received by the Administrator under this Act and deposited to the fund created in paragraph (1) of this subsection and any late payment penalties collected by the Administrator and credited to such fund may be invested by the Secretary in insured or fully collateralized, interest-bearing accounts or, at the discretion of the Secretary, by the Secretary of the Treasury in United States Government debt instruments. The interest earned on such sums and any late payment penalties collected by the Administrator shall be credited to the fund and shall be available without fiscal year limitation for the expenses of the Service incident to providing services under this Act."; (2) inserting in section 7C (7 U.S.C. 79c) after "35 per centum", the words ", and for each of the fiscal years 1985 through 1988 shall not exceed 40 per centum,"; and

Qct 11 1984 [H.R. 5221]

7 USC 79 note.