Volume 64
Public Law 81–37
To amend section 429, Revised Statutes, as amended, and the Act of August 5, 1882, as amended, so as to substitute for the requirement that detailed annual reports be made to the Congress concerning the proceeds of all sales of condemned naval material a requirement that information as to such proceeds be filed with the Committees on Armed Services in the Congress.
Approved February 25, 1950
Statutory text
AN ACT
To amend section 429, Revised Statutes, as amended, and the Act of August 5, 1882, as amended, so as to substitute for the requirement that detailed annual reports be made to the Congress concerning the proceeds of all sales of condemned naval material a requirement that information as to such proceeds be filed with the Committees on Armed Services in the Congress.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
That the last sentence of section 429, Revised Statutes, as amended (5 U. S. C. 466), is hereby further amended by deleting therefrom the words “or materials” and “and materials” where they appear therein.
Sec. 2.
The sixth sentence of section 2 of the Act of August 5, 1882 (22 Stat. 296), as amended (34 U. S. C. 544), is amended to read as follows: “It shall be the duty of the Secretary of the Navy annually to file with the Committees on Armed Services in the Congress information as to the proceeds of all sales of materials, stores, and supplies, made under the provisions of this Act, and the expenses attending such sales.”
Approved February 25, 1950.