Volume 76
Public Law 87–404
Making supplemental appropriations for the Veterans Administration for the fiscal year ending June 30, 1962, and for other purposes.
Approved February 13, 1962
Statutory text
JOINT RESOLUTION
Making supplemental appropriations for the Veterans Administration for the fiscal year ending June 30, 1962, and for other purposes.
Resolved by the Senate and House of Representatives of the United States of Amerira in Congress assembled,
That the following sums are appropriated, out of any money in the Treasury not otherwise appropriated. for the Veterans Administration for the fiscal year ending June 30, 1962, namely:
INDEPENDENT OFFICES Veterans Administration readjustment benefits For an additional amount for “Readjustment benefits,” $55,000,000, to remain available until expended. loan guaranty revolving fund An additional amount of not to exceed $115,247,000 shall be available in the “Ijoan guaranty revolving fund” for expenses for property acquisitions and other loan guaranty and insurance operations under chapter 37, title 38, United States Code, except administrative expenses, as authorized by section 1824 of such title: Provided, That in addition to amounts heretofore made available, not to exceed $115,247,000 of the “Direct loans to veterans and reserves revolving fund” shall be available, during the current fiscal year, for transfer to said “Loan guaranty revolving fund” in such amounts as may be necessary to provide for the foregoing expenses.
Approved February 13, 1962.