Public Law 83–295

JOINT RESOLUTION

To discharge indebtedness of the Commodity Credit Corporation.

Resolved by the Senate and House of Representatives of the United States of America in Congress assembled,

DEPARTMENT OF AGRICULTURE Commodity Credit Corporation The Secretary of the Treasury is hereby authorized and directed to discharge indebtedness of the Commodity Credit Corporation to the Secretary of the Treasury by cancelling notes issued by the Corporation to the Secretary of the Treasury (1) in the amount of $550,151,848 for the capital impairment determined by the appraisal of June 30, 1953, pursuant to sections 1 and 4 of the Act of March 8, 1938 as amended (15 U. S. C. 713a-l, 4) ; (2) in the amount of $129,553,795 for the net costs during the fiscal year 1953 (including interest through the date of enactment hereof) under the International Wheat Agreement Act of 1949 (7 U. S. C. 1641–1642); and (3) in the amount of $2,064,060 for the funds transferred and expenses incurred through the fiscal year 1953 (including interest through the date of enactment hereof) under the head “Eradication of foot-and-mouth and other contagious diseases of animals and poultry” pursuant to authority granted in the Department of Agriculture Appropriation Act, 1953.

Approved February 12, 1954.