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Volume 68 · 757

Public Law 83–611

To extend to June 30, 1955, the direct home and farmhouse loan authority of the Administrator of Veterans’ Affairs under title III of the Servicemen’s Readjustment Act of 1944, as amended, to make additional funds available therefor, and for other purposes.

Approved August 21, 1954

Statutory text

AN ACT

To extend to June 30, 1955, the direct home and farmhouse loan authority of the Administrator of Veterans’ Affairs under title III of the Servicemen’s Readjustment Act of 1944, as amended, to make additional funds available therefor, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

That the Servicemen’s Readjustment Act of 1944, as amended, is hereby amended—

(a)

by striking out of clause (C) of section 512 (b) “July 31, 1954”

Ante, p. 320.

and inserting in lieu thereof “June 30, 1955”;

(b)

by striking out of section 512 (d) “to any private lending

64 Stat. 75.

38 USC 694l (d).

institution evidencing ability to service loans” and inserting in lieu thereof “to any person or entity approved for such purpose by the Administrator”;

(c)

by striking out of the first sentence of section 513 (a) “July 31, 1954”

Ante, p. 320.

and inserting in lieu thereof “June 30, 1955”;

(d)

by striking out of the third sentence of section 513 (c) “June 30, 1955”

67 Stat. 136.

38 USC 694m (c).

and inserting in lieu thereof “June 30, 1956”;

(e)

by striking out of the first sentence of section 513 (d) “July 31, 1954”

Ante, p. 320.

and inserting in lieu thereof “June 30, 1955”;

(f)

by striking out of section 513 (d) the second time it appears the

66 Stat. 64.

38 USC 694m (d).

sum of “$25,000,000” and inserting in lieu thereof the sum of “$37,500,000”.

Approved August 21, 1954.

Parsed from the official Statutes at Large USLM XML in 68.xml