Public Law 75–554

Section 1.

That in order to continue to provide work relief on useful public projects, and relief, in the United States and its Territories and possessions, there is hereby appropriated, out of any money in the Treasury not otherwise appropriated, to remain available until June 30, 1939, as follows:

Sec. 2.

The funds appropriated in this title to the Works Progress Administration shall be so apportioned and distributed over the period ending February 28, 1939, and shall be so administered during such period as to constitute the total amount that will be furnished to such Administration during such period for relief purposes, except

Emergencies, etc.

that upon the happening of some extraordinary emergency or unusual circumstance, which could not be anticipated at the time of making such apportionment, the same may be waived or modified by the President, who shall fully set forth the reasons therefor at the time of any such action and communicate the same to Congress in connection with any estimates for additional appropriations to carry out the purposes of this title, but any such waiver or modification shall not have the effect of reducing the total period of apportionment of such funds as provided herein by more than one month; and the funds appropriated in this title to the Secretary of Agriculture, to the Works Progress Administration for the National Youth Administration, and to the other agencies, shall be so apportioned and distributed over the twelve months of the fiscal year ending June 30, 1939, and shall be so administered during such fiscal year as to constitute the total amounts that will be furnished to the Secretary of Agriculture, to the Works Progress Administration for the National Youth Administration, and to the other agencies during such fiscal year for the purposes of this title.

Sec. 3.

The Administrator of the Works Progress Administration

Allocation of funds by Works Progress Administrator to other Federal agencies for operation of projects.

Ante, p. 670.

is authorized to allocate to other Federal departments, establishments, and agencies, for the purpose of operating projects of the types specified for the Works Progress Administration under section 1 of this title, including administrative expenses of any such department, establishment, or agency incident to the operation of such projects, not to exceed $60,000,000 of the funds made available by such section to such Administration and to prescribe rules and regulations for the operation of such projects: Provided, That not to

Proviso.

Limitation on administrative expenses.

exceed 5 per centum of the total amount so allotted to any such department, establishment, or agency shall be expended for such administrative expenses.

Sec. 4.

The Works Progress Administration, the National Youth

Designated agendas extended until June 30, 1939.

Administration within the Works Progress Administration, the Farm Security Administration within the Department of Agriculture, the National Emergency Council, and the National Resources Committee are hereby extended until June 30, 1939, to carry out the purposes of this title.

Sec. 5.

No Federal construction project, except flood control and

Work forbidden unless funds for completion allocated; exception.

Ante, p. 670.

water conservation projects authorized under other law, shall be undertaken or prosecuted under the appropriations in this title unless and until there shall have been allocated and irrevocably set aside Federal funds sufficient for its completion; and no non-Federal

Non-Federal projects.

project shall be undertaken or prosecuted under such appropriations unless and until the sponsor has made a written agreement to finance such part of the entire cost thereof as is not to be supplied from Federal funds.

Sec. 6.

Federal agencies having supervision of projects prosecuted

Acceptance of contributions from sponsors of non-Federal projects.

under the appropriations in this title are authorized to receive from sponsors of non-Federal projects contributions in services, materials or money, such money to be deposited with the Treasurer of the United States. Such contributions shall be expended or utilized as agreed upon between the sponsor and the Federal agency.

Sec. 7.

In carrying out the purposes of this title, the heads of the

Rules and regulations by heads of departments, etc.

departments, establishments, and agencies to which funds are appropriated herein are authorized to prescribe such rules and regulations as may be necessary.

Sec. 8.

The appropriations in this title for administrative expenses

Administrative expenses not to exceed allocations.

and such portion of other appropriations in this title as are available for administrative expenses shall not be obligated for such adminis trative expenses in excess of the amounts which the department, establishment, or agency, with the approval of the Director of the Bureau of the Budget, shall have certified to the Secretary of the

Authorized expenditures.

Treasury as necessary for such purposes. The amounts so certified for administrative expenses shall be available for expenditure by such department, establishment, or agency concerned for personal services in the District of Columbia and elsewhere and for the objects set

49 Stat. 117.

forth in subsection (a) of section 3 of the Emergency Belief Appropriation Act of 1935 and with the authority set forth in subsection

Proviso.

Limitation on amount for administration.

(b) of such section of such Act: Provided, That not to exceed 5 per centum of the amount made available in section 1 of this title to the Works Progress Administration and to the Works Progress Administration for the National Youth Administration shall be used for administration.

Sec. 9.

The rates of pay for persons engaged upon projects under the appropriations in this title shall be not less than the prevailing rates of pay for work of a similar nature in the same locality as

Proviso.

Labor Standards Act.

Minimum rates if enacted.

determined by the Works Progress Administration: Provided, That if minimum rates of pay for persons employed by private employers in any occupation are established by or pursuant to the authority

Post, p. 1060.

conferred by any Labor Standards Act enacted at the third session of the Seventy-fifth Congress, not less than the minimum rates of pay so established shall be paid to persons in similar occupations in the same locality employed on projects under the appropriation in subsection one of section one of this title.

Sec. 10.

In the employment of persons on projects under the appropriations in this title, applicants in actual need whose names have not heretofore been placed on relief rolls shall be given the same eligibility for employment as applicants whose names have

Provisos.

Restriction on employment.

heretofore. appeared on such rolls: Provided, That in order to insure the fulfillment of the purposes for which such appropriations are made and to avoid competition between the Works Progress Administration and other Federal or non-Federal agencies in the employment of labor on construction projects of any nature whatsoever, financed in whole or in part by the Federal Government, no relief worker shall be eligible for employment on any project of the Works Progress Administration who has refused to accept employment on any other Federal or non-Federal project at a wage rate comparable with or higher than the wage rate established for similar work on projects

Restoration where separation not due to fault of enrollee.

of the Works Progress Administration: Provided further, That any relief worker who has been engaged on any Federal or non-Federal project and whose service has been regularly terminated through no fault of his own shall not lose his eligibility for restoration to the relief rolls or for reemployment on any other Federal or non-Federal project on account of such previous employment: Provided further,

Adjusted compensation not considered in determining employment need.

That the fact that a person is entitled to or has received either adjusted-service bonds or a Treasury check in payment of an adjusted-compensation certificate shall not be considered in determining actual need of such employment: Provided further,

Quarterly statements by relief workers.

That every relief worker employed on any Federal or non-Federal Works Progress Administration project shall be required, as a condition to his continued employment, to file quarterly a statement as to the amount of his earnings, if any, from outside employment while he was assigned to such a project, and the statements so filed shall be taken into consideration in assigning such workers to employment

Needy farmers.

on such projects and in continuing them in such employment. Farmers in need and who need employment to supplement their farm income but who are not on relief rolls shall have the same eligibility for employment on projects in rural areas as persons on such rolls.

Sec. 11.

No alien illegally within the limits of the United States,

Illegally entered, etc., aliens, restriction on employment on projects.

and no alien who has not, prior to the date of enactment of this joint resolution, filed a declaration of intention to become an American citizen which is valid and has not expired, shall knowingly be given employment or continued in employment on any project prosecuted under the appropriations in this title: Provided, That preference in

Proviso.

Preferences in employment.

employment on such projects shall be given in the following order: (1) Veterans of the World War and the Spanish-American War and veterans of any campaign or expedition in which the United States has been engaged (as determined on the basis of the laws administered by the Veterans’ Administration) who are in need and are American citizens; (2) other American citizens, Indians and other persons owing allegiance to the United States who are in need; and (3) those aliens in need whose declarations of intention to become American citizens were filed prior to the date of enactment of this joint resolution and are valid and have not expired.

Sec. 12.

No person employed on work projects under the appropriations

Refusal of private employment offer.

in this title and in need who refuses a bona fide offer of private employment under reasonable working conditions which pays as much or more in compensation for the same length of service as such person receives or could receive under such appropriations and who is capable of performing such work, shall be retained in employment for the period such private employment would be available: Provided,

Proviso.

Eligibility on expiration of private employment.

That any person who takes such private employment shall at the expiration thereof be entitled to immediate resumption of his previous employment status if he is still in need and it he has lost the private employment through no fault of his own.

Sec. 13.

Appointments to Federal positions of an administrative or

Federal administrative, etc., positions in States, appointments.

advisory capacity under the appropriations in this title in any State shall be made from among the bona fide citizens of that State so far as not inconsistent with efficient administration.

So far as not inconsistent with efficient administration no part of

Requirements.

the appropriations in this title shall be available to pay the compensation of any officer or employee of the United States who holds an administrative, executive, or supervisory position under this joint resolution, if the position is in any office located outside the District of Columbia or is on any project prosecuted in any place outside the District of Columbia, unless such person is an actual and bona fide citizen of the State, Territory, region, or district in which the office or project is situated, but this provision shall not apply to the temporary and emergency assignment of any person to a position where the period of service in such position does not exceed sixty days.

Sec. 14.

No part of any appropriation in this title shall be used to

Candidate for State office or campaign manager, pay restriction.

pay the salary or expenses of any person in a supervisory or administrative position who is a candidate for any State, district, county, or municipal office (such office requiring full time of such person and to which office a salary or per diem attaches), in any primary, general or special election, or who is serving as a campaign manager or assistant thereto for any such candidate.

Sec. 15.

Hereafter, so far as not inconsistent with efficient administration,

Apportionment of appointments.

all appointments of persons to the Federal Service for employment within the District of Columbia, under the provisions of this joint resolution, whether such appointments be within the classified civil service or otherwise, shall be apportioned among the several States and the District of Columbia upon the basis of population as ascertained at the last preceding census.

In making separations from the Federal Service, or furloughs

Separations; retention of appointees according to State population.

without pay to last as long as three months, of persons employed within the District of Columbia, under the provisions of this joint resolution the appointing power shall give preference, as nearly as good administration will warrant, in retention to appointees from States that have not received their share of appointments according

Proviso.

Soldiers, sailors, etc., preferential status.

to population: Provided, however, That soldiers, sailors, and marines, the widows of such, or the wives of injured soldiers, sailors, and marines, who themselves are not qualified, but whose wives are qualified to hold a position in the Government Service, shall be given preference in retention, in their several grades and classes, where their ratings are good or better.

Sec. 16.

The provisions of the Act of February 15, 1934 (48 Stat. 351), as amended, relating to disability or death compensation and benefits shall apply to persons (except administrative employees qualifying as civil employees of the United States) receiving compensation from the appropriations in this title for services rendered

Services under National Youth Administration.

as employees of the United States and to persons receiving assistance in the form of payments from the United States for services rendered under the National Youth Administration created by Executive order

Provisos.

Limitation.

of June 26, 1935: Provided, That effective July 1, 1938, the monthly compensation in any individual case heretofore or hereafter coming within the purview of such Act of February 15, 1934, shall not exceed the rate of $50, and the aggregate payments shall not exceed $4,000,

Special fund created.

exclusive of medical costs: Provided further, That so much of the appropriation in section 1 of this title to the United States Employees’ Compensation Commission, as the Commission, with the approval of the Director of the Bureau of the Budget, estimates and certifies to the Secretary of the Treasury will be necessary for the payment of such compensation and administrative expenses shall be set aside in a special fund to be available and to be administered by the Commission during the fiscal year 1939 for such purposes;

Availability.

Ante, p. 415.

and after June 30, 1939, such special fund shall be added to and become part of the “Employees’ Compensation Fund, Emergency Relief”, set up in accordance with the provisions of the Independent

Use outside United States.

Offices Appropriation Act, 1939: Provided further, That said “Employees’ Compensation Fund, Emergency Relief” and the special fund herein authorized shall not be limited in its use to the United States, its Territories, and possessions and any payments heretofore made to persons outside the United States, its Territories, and possessions from the special funds set aside to be administered by said Commission, if otherwise valid, are hereby validated: Provided further,

Cases within purview of State, etc., workmen’s compensation laws.

That this section shall not apply in any case coming within the purview of the workmen’s compensation law of any State or Territory, or in which the claimant has received or is entitled to receive similar benefits for injury or death.

Sec. 17.

In carrying out the purpose of the appropriations in this title, the Secretary of the Treasury is authorized to prescribe rules and regulations for the establishment of special funds for the Procurement Division, Branch of Supply, Treasury Department, and the Works Progress Administration, m the nature of involving funds for use, until June 30, 1939, in the purchase, repair, distribution, or rental of materials, supplies, equipment, and tools.

Sec. 18.

The provisions of section 3709 of the Revised Statutes (41 U. S. C., 5) shall not apply to any purchase made or service procured in connection with the foregoing appropriation when the aggregate amount involved is less than $300.

Sec. 19.

Any person who knowingly and with intent to defraud the United States makes any false, statement in connection with any application for any project, employment, or relief aid under the appropriations in this title, or diverts, or attempts to divert or assists in diverting, for the benefit of any person or persons not entitled thereto, any portion of such appropriation, or any services or real or personal property acquired thereunder, or who knowingly, by means of any fraud, force, threat, intimidation, or boycott, or discrimination on account of race, religion, political affiliations, or membership in a labor organization, deprives any person of any of the benefits to which he may be entitled under any such appropriation, or attempts so to do, or assists in so doing, shall be deemed

Penalty.

guilty of a misdemeanor and fined not more than $2,000 or imprisoned not more than one year, or both.

Sec. 20.

The Works Progress Administrator is authorized to consider,

Ascertainment and payment of certain damage claims.

ascertain, adjust, determine, and pay from the appropriation to the Works Progress Administration in this title any claim arising out of operations thereunder accruing after the effective date of tins title on account of damage to or loss of property caused by the negligence of an employee of the Works Progress Administration or of the National Youth Administration while acting within the scope of his employment: Provided, That no claim shall be considered

Provisos.

Limitations.

hereunder which is in excess of $500, or which is not presented in writing to the Administration within one year from the date of accrual thereof: Provided further, That acceptance by any claimant

Acceptance of amount deemed in full settlement.

of the amount allowed on account of his claim shall be deemed to be in full settlement thereof, and the action of the Administrator upon such claim so accepted by the claimant shall be conclusive.

Sec. 21.

Reports of the operations under the appropriations in this

Reports of operations to Congress.

50 Stat. 352; ante, p. 83.

joint resolution and the appropriation contained in the Emergency Relief Appropriation Act of 1937 and the joint resolution of March 2, 1938, including a statement of the expenditures made and obligations incurred by classes, projects, and amounts shall be submitted by the President to Congress on or before the fifteenth of January in each of the next two regular sessions of Congress: Provided, That

Proviso.

Existing requirement superseded.

50 Stat. 357.

such reports shall be in lieu of the report required by section 14 of such Act of 1937.

Sec. 22.

No part of the funds made available in this joint resolution

Restriction on use of funds.

shall be loaned or granted, except pursuant to an obligation incurred prior to the date of the enactment of this joint resolution, to any State, or any of its political subdivisions or agencies, for the purpose of carrying out or assisting in carrying out any program or project of constructing, rebuilding, repairing, or replanning its penal or reformatory institutions, unless the President shall find that the projects to be financed with such Ioan or grant will not cause or promote competition of the products of convict labor with the products of free labor.

Sec. 23.

The funds herein appropriated to the Works Progress

Limitation on expenditures for other than labor costs.

Administration, exclusive of those used for administrative expenses, shall be so administered by the Works Progress Administrator that, except as hereinafter provided, expenditure authorizations for other than labor costs for all the projects financed from such funds in any State, Territory, possession, or the District of Columbia shall not exceed an average of $7 per month per worker employed after June 30, 1938, and prior to February 28, 1939, on all such projects: Provided, That not to exceed $25,000,000 of the funds herein appropriated

Proviso.

Supplementary funds in emergency.

to the Works Progress Administration may be used by the Works Progress Administrator to supplement the amounts so authorized for other than labor costs in any State, Territory, possession, or the District of Columbia where in the opinion of the Administrator an emergency makes such additional expenditures necessary to assure the operation of sound projects.

Sec. 24.

This title may be cited as the “Emergency Relief

Short title.

Appropriation Act of 1938”.

Sec. 201.

Sec. 202.

The Federal Emergency Administration of Public Works

Continuation of Administration to June 30, 1941.

is hereby continued to the close of the fiscal year ending June 30, 1941, and is hereby authorized to continue to perform all functions which it is authorized to perform on the date of enactment hereof. All provisions of law existing on the date of enactment hereof, and

Provisions of law extended.

relating to the availability of funds for carrying out any of the functions of such Administration are hereby continued to the end of such fiscal year, except that the date specified in the Emergency

49 Stat. 1608, 50 Stat. 357.

Relief Appropriation Act of 1936, as amended by section 201 of the Public Works Administration Extension Act of 1937, prior to which, in the determination of the Administrator, projects for which moneys made available by such Act were authorized to be granted, can be substantially completed is hereby changed from “July 1, 1939” to “July 1, 1940”.

Sec. 203.

That portion of section 203 of the Public Works

Approval of applications; provision repealed.

50 Stat. 357.

Administration Extension Act of 1937, which reads as follows, is hereby repealed: “; and after the date of the enactment of this joint resolution no allotment shall be made by the Administrator for any project the application for which has not been approved by the examining divisions of the Administration prior to such date”.

Sec. 204.

Section 206 of the Public Works Administration Extension

50 Stat. 358.

Act of 1937 is hereby amended to read as follows:

“Sec. 206.

No new applications for loans or grants for non-Federal

Loans or grants for non-Federal projects; time limitation on new applications.

Proviso.

Exceptions.

projects shall be received by the Administration after September 30, 1938: Provided, That this section shall not apply to applications amendatory of applications for projects received prior to October 1, 1938, and such applications shall be confined to projects, which, in the determination of the Administrator, can be started and completed within the time limits specified in section 201 (b) of the Public Works Administration Appropriation Act of 1938.”

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Sec. 205.

This title may be cited as the “Public Works Administration Appropriation Act of 1938”.

Sec. 301.

Construction of Public Buildings Outside the District of Columbia: The total amount authorized to be appropriated for the three-year program for the acquisition of sites and construction of public buildings by the paragraph under the caption “Emergency instruction of Public Buildings Outside the District of Columbia”, contained in the “Third Deficiency Appropriation Act, fiscal year

50 Stat. 773.

1937”, approved August 25, 1937 (50 Stat, 773), is hereby increased

Provisions applicable, operative; exception.

from $70,000,000 to $130,000,000. All applicable provisions and authority of such paragraph shall be operative with respect to the enlarged authorization provided in this title except that the list from which projects, including the sites therefor, are to be selected by the Postmaster General and the Secretary of the Treasury acting jointly shall be the revision, dated April 25, 1938, of House Report

Appropriation.

Numbered 1879, Seventy-third Congress. Toward such increased program there is hereby appropriated, out of any money in the Treasury not otherwise appropriated, the sum of $25,000,000, of which not to exceed $500,000 may be utilized as an addition to the fund specified in such paragraph in such Act for the augmentation of the limits of cost of selected projects in amounts not exceeding 10

Consolidation of funds.

per centum of such limits of cost. The appropriations heretofore made under the authority of such paragraph, together with the appropriation in this title, shall be consolidated into a single fund and be available toward the consummation of the entire authorized program.

Sec. 302.

This title may be cited as the “Federal Public Buildings Appropriation Act of 1938”.

Sec. 401.

The Act entitled “An Act to provide for rural electrification, and for other purposes”, approved May 20, 1936 (49 Stat. 1363), is hereby amended as follows: (a) By inserting in subsection (a) of section 3 thereof immediately following the date “June 30, 1937” the phrase “and $100,000,000 for the fiscal year ending June 30, 1939” and (b) by striking out the date “June 30, 1937” appearing at the end of subsection (e) of such section 3 and inserting in lieu thereof the date “June 30, 1939”.

Use of materials of American manufacture.

In making loans pursuant, to this title and pursuant to the Rural Electrification Act of 1936, the Administrator of the Rural Electrification Administration shall require that, to the extent practicable and the cost of which is not unreasonable, the. borrower agree to use in connection with the expenditure of such funds only such unmanufactured articles, materials, and supplies, as have been mined or produced in the United States, and only such manufactured articles, materials, and supplies as have been manufactured in the United States substantially all from articles, materials, or supplies mined, produced, or manufactured, as the case may be, in the United States.

Sec. 402.

For an additional amount for salaries and expenses of the Rural Electrificiation Administration, fiscal years 1938 and 1939, including the same objects and under the same conditions specified

Ante, p. 424.

under this head in the Independent Offices Appropriation Act, 1939, including printing and binding, there is appropriated, out of any money in the Treasury not otherwise appropriated, the sum of $700,000: Provided, That no part of any appropriation contained

Proviso.

Reenlistment allowance, restriction.

in this or any other Act for the fiscal year ending June 30, 1939, shall be available for the payment of enlistment allowance to enlisted men for reenlistment within a period of three months from date of discharge as to reenlistments made during the fiscal year ending June 30, 1939, notwithstanding the applicable provisions of sections 9 and 10 of the Act entitled “An Act to readjust the pay and allowances of the commissioned and enlisted personnel of the Army, Navy, Marine Corps, Coast Guard, Coast and Geodetic Survey, and Public Health Service”, approved June 10, 1922 (37 U. S. C. 13, 16).

42 Stat. 629.

37 U. S. C. §§ 13–16.

Sec. 403.

This title may be cited as the “Rural Electrification Act

Short title.

of 1938”.

Sec. 501.

There is hereby appropriated out of any money in the

Appropriation for making parity payments to certain producers of wheat, cotton, corn, etc.

Treasury not otherwise appropriated, to be available until expended, the sum of $212,000,000 to enable the Secretary of Agriculture to make parity payments to producers of wheat, cotton, corn (in the commercial corn-producing area), rice, and tobacco pursuant to the provisions of section 303 of the Agricultural Adjustment Act of 1938:

Ante, p. 45.

Provided, however, That, notwithstanding the provisions of said section,

Provisos.

Apportionment of funds.

one-half of this sum shall be apportioned among such commodities in accordance with the provisions of said section 303 of the Agricultural Adjustment Act of 1938 and one-half shall be apportioned among such commodities in the same proportion that funds available for sections 7 to 17, inclusive, of the Soil Conservation and

49 Stat. 1148–1151.

16 U. S. C., Supp. III, §§ 590g–590q.

Domestic Allotment Act would be allocated to such commodities in connection with the 1939 agricultural conservation program on the basis of the standards set forth in section 104 of the Agricultural

Ante, p. 35.

Adjustment Act of 1938: Provided further, That such payments with

Basis of payments.

respect to any such commodity shall be made upon the normal yield of the farm acreage allotment established for the commodity under the 1939 agricultural conservation program, and shall be made with respect to a farm only in the event that the acreage planted to the commodity for harvest on the farm in 1939 is not in excess of the farm acreage allotment established for the commodity under said program: And provided further, That the rate of payment with respect to any

Rate, limitation.

commodity shall not exceed the amount by which the average farm price of the commodity is less than 75 per centum of the parity price.

In apportioning the funds among commodities, parity income for

Parity income construed.

each commodity shall be considered a normal year’s domestic consumption and exports (in the case of corn, that part of a normal year’s domestic consumption and exports determined on the basis of the proportion that corn production in the commercial corn-producing area was of United States production during the five years 1928–32, inclusive) of such commodity times the parity price. In determining

Determination of parity prices and farm prices.

parity prices and farm prices for these commodities, that part of the marketing year ending January 31, 1939, shall be used. In case any person who is entitled to payment hereunder dies, becomes incompetent or disappears before receiving such payment or is succeeded by another who renders or completes the required performance, payment shall, without regard to any other provisions of law, be made as the Secretary of Agriculture may determine to be fair and reasonable in all the circumstances and provide by regulations. The administration

Provisions applicable.

Ante, p. 31.

of this title shall be in accordance with the provisions of the Agricultural Adjustment Act of 1938 and the provisions of other titles of this joint resolution shall not apply to this title.

This title may be cited as the “Price Adjustment Act of 1938.”

Short title.

Sec. 502.

Sec. 601.

Section 10 of the United States Housing Act of 1937 (referred to in this title as the “Act”) is amended by amending subsection “(e)” and adding a new subsection “(f)” as follows:

“(e)“(e)

The Authority is authorized, on and after the date of the enactment of this Act, to enter into contracts which provide for annual contributions aggregating not more than $28,000,000 per annum. Without further authorization from Congress, no new contracts for annual contributions beyond those herein authorized shall be entered

Appropriations authorized for annual contribution.

into by the Authority. The faith of the United States is solemnly pledged to the payment of all annual contributions contracted for pursuant to this section, and there is hereby authorized to be appropriated in each fiscal year, out of any money in the Treasury not otherwise appropriated, the amounts necessary to provide for such payments.

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“(f)“(f)

Payments under annual contributions contracts shall be pledged as security for any loans obtained by a public-housing agency to assist the development of the housing project to which the annual

Proviso.

Application of annual contributions.

contributions relate: Provided, That annual contributions shall be used first to apply toward the payment of interest or principal as same mature on any loan due to the Authority from the public-housing

Term defined.

agency. The term ‘any loan due to the Authority’ as used in this section shall mean any loan made by the Authority (including any bonds or other evidences of such loan which are resold by the Authority) to assist the development of the project to which the annual contributions relate.”

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Sec. 602.

Section 20 (a) of the Act is amended to read as follows:

“Sec. 20.

(a)(a)

The Authority is authorized to issue obligations in the form of notes, bonds, or otherwise, which it may sell to obtain funds for the purposes of this Act. The Authority may issue such obligations in an amount not to exceed $800,000,000. Such obligations shall be in such forms and denominations, mature within such periods not exceeding sixty years from date of issue, bear such rates of interest not exceeding 4 per centum per annum, be subject to such terms and conditions, and be issued in such manner and sold at such prices as may be prescribed by the Authority with the approval of the Secretary of the Treasury.”

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Sec. 603.

This title may be cited as the “United States Housing Act Amendments of 1938.”