Volume 49 · 1098
Public Law 74–21
To provide for the payment of compensation and expenses of the Railroad Retirement Board as established and operated pursuant to section 9 of the Railroad Retirement Act of June 27, 1934, and to provide for the winding up of its affairs and the disposition of its property and records, and to make an appropriation for such purposes.
Approved January 21, 1936
Statutory text
JOINT RESOLUTION
To provide for the payment of compensation and expenses of the Railroad Retirement Board as established and operated pursuant to section 9 of the Railroad Retirement Act of June 27, 1934, and to provide for the winding up of its affairs and the disposition of its property and records, and to make an appropriation for such purposes.
Whereas the Railroad Retirement Board was established and organized
Railroad Retirement Board.
Preamble.
as an independent agency in the executive branch of the Government by and pursuant to section 9 of the Railroad Retirement Act, which Act has been held by the Supreme Court of the United States to be invalid; and
Whereas the Railroad Retirement Board in the performance of its duties has acquired valuable data, records, information, and experience which should be utilized in determining the policy of Congress regarding the subjects of employment by railroads and the retirement of employees of railroads; and
Whereas the Board has records of individual employments which are of great value and should be preserved, and has, in the course of its work, received valuable records and documents which must be returned to their owners after the information contained therein shall have been noted and photostatic copies where necessary, shall have been made: Now, therefore, be it
Resolved by the Senate and House of Representatives of the United States of America in Congress assembled,
That the Railroad Retirement
Appointment, pay. etc., confirmed.
Vol. 48, p. 1287.
U. S. C., p. 1973.Board as established in section 9 of the Railroad Retirement Act (Public, Numbered 485, Seventy-third Congress) and the appointment and compensation of its members and the employment and compensation of its staff are hereby approved, ratified, and confirmed to all intents and purposes as if the provisions of section 9 relating thereto had on the day of their enactment been enacted as a statute distinct and separate from any other provisions of the Railroad Retirement Act, aforesaid; and no member of the Board or of
Board members, etc., liability.
its staff shall be liable for any action heretofore taken within the terms of the authority sought to be granted by the Railroad Retirement Act.
Sec. 2.
The Railroad Retirement Board as established by and pursuant to section 9 of the Railroad Retirement Act and section 1 hereof is hereby continued for a period of sixty days from the enactment hereof for the purpose of liquidating its affairs; returning documents in its possession to those from whom they were procured and whose property they are, after recording therefrom such information as in its judgment should be preserved or making photostatic copies thereof, where necessary; arranging for turning over the records, papers, and property of the Board to such agency as
Report.
the President shall designate; and making a report upon its activities and experience to the President for transmission to Congress.
Sec. 3.
The Board shall maintain such offices, use such equipment, furnishings, supplies, services, and facilities and employ such persons as in its judgment may be necessary for the proper discharge of its duties.
Sec. 4.
There is hereby authorized to be appropriated, out of any moneys in the Treasury not otherwise appropriated, $35,000 to pay to the Board and its employees for services heretofore rendered on,
Ante, p. 575.
prior to, and subsequent to May 6, 1935, and for services to be rendered during the next sixty days after the enactment hereof, the compensation to which they would have been entitled for such services if the Railroad Retirement Act had been held constitutional, and to pay any expenses heretofore incurred and not yet paid and the expenses necessary in carrying out this joint resolution.
Sec. 5.
The Board is hereby authorized and directed to refund to its past and present employees and to its members, all compensation earned by them but withheld as employee contributions to the railroad retirement fund, and deposited to the credit of said fund in the Treasury, and said fund is hereby appropriated and made available for such refundments accordingly.
Approved, January 21, 1936.