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‘‘(A) the amount of revenues deposited in the
Panama Canal Revolving Fund and the Panama
Canal Dissolution Fund during such fiscal year, plus
‘‘(B) the amount of revenues deposited in the
Panama Canal Revolving Fund before such fiscal
year and remaining unobligated at the beginning of
such fiscal year; plus
‘‘(C) the $100,000,000 borrowing authority
provided for in section 1304 of this Act.
Not later than 30 days after the end of each fiscal year,
the Secretary of the Treasury shall report to the Congress
the amount of revenues deposited in the Panama Canal
Revolving Fund during such fiscal year.
‘‘(c) With the approval of the Secretary of the Treas-
ury, the Commission may deposit amounts in the Panama
Canal Revolving Fund in any Federal Reserve bank, any
depository for public funds, or such other place and in
such manner as the Commission and the Secretary may
agree.
‘‘(d)(1) It is the sense of the Congress that the addi-
tional costs resulting from the implementation of the Pan-
ama Canal Treaty of 1977 and related agreements should
be kept to the absolute minimum level. To this end, the
Congress declares appropriated costs of implementation to
be borne by the taxpayers over the life of such Treaty
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should be kept to a level no greater than the March 1979
estimate of those costs ($870,700,000) presented to the
Congress by the executive branch during consideration of
this Act by the Congress, less personnel retirement costs
of $205,000,000, which were subtracted and charged to
tolls, therefore resulting in net taxpayer cost of approxi-
mately $665,700,000, plus appropriate adjustments for
inflation.
‘‘(2) It is further the sense of the Congress that the
actual costs of implementation be consistent with the obli-
gations of the United States to operate the Panama Canal
safely and efficiently and keep it secure.’’.
SEC. 3540. PRINTING.
(a) IN GENERAL.—Title I is amended in chapter 3
(22 U.S.C. 3711 et seq.) by adding at the end of sub-
chapter I the following new section:
‘‘PRINTING
‘‘SEC. 1306. (a) Section 501 of title 44, United
States Code, shall not apply to direct purchase by the
Commission for its use of printing, binding, and blank-
book work in the Republic of Panama when the Commis-
sion determines that such direct purchase is in the best
interest of the Government.
‘‘(b) This section shall not affect the Commission’s
authority, under chapter 5 of title 44, United States Code,
to operate a field printing plant.’’.
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(b) CLERICAL AMENDMENT.—The table of contents
in section 1 is amended by inserting after the item relating
to section 1305 the following new item:
‘‘Sec. 1306. Printing.’’.
SEC. 3541. ACCOUNTING POLICIES.
Section 1311 (22 U.S.C. 3721), the first sentence in
subsection (a) is amended to read as follows: ‘‘The Com-
mission shall establish and maintain its accounts in ac-
cordance with chapter 91 of title 31, United States Code,
and the provisions of this chapter.’’.
SEC. 3542. INTERAGENCY SERVICES; REIMBURSEMENTS.
Section 1321(e) (22 U.S.C. 3731(e)) is amended by
adding at the end the following sentence:
‘‘Notwithstanding section 5924 of title 5, United States
Code, the Commission shall by regulation determine the
extent to which costs of educational services may be de-
frayed under this subsection.’’.
SEC. 3543. POSTAL SERVICE.
Section 1331 (22 U.S.C. 3741) is amended to read
as follows:
‘‘POSTAL SERVICE
‘‘SEC. 1331. (a) The Commission shall take posses-
sion of and administer the funds of the Canal Zone postal
service and shall assume its obligations.
‘‘(b) Effective December 1, 1999, neither the Com-
mission nor the United States Government shall be re-
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sponsible for the distribution of any accumulated unpaid
balances relating to Canal Zone postal-savings deposits,
postal-savings certificates, and postal money orders.
‘‘(c) Mail addressed to the Canal Zone from or
through the continental United States may be routed by
the United States Postal Service to the military post of-
fices of the United States Armed Forces in the Republic
of Panama. Such military post offices shall provide the
required directory services and shall accept such mail to
the extent permitted under the Panama Canal Treaty of
1977 and related agreements. The Commission shall fur-
nish personnel, records, and other services to such military
post offices to assure wherever appropriate the distribu-
tion, rerouting, or return of such mail.’’.
SEC. 3544. INVESTIGATION OF ACCIDENTS OR INJURY GIV-
ING RISE TO CLAIM.
Section 1417(1) (22 U.S.C. 3777(1)) is amended to
read as follows:
‘‘(1) an investigation of the accident or injury
giving rise to the claim has been completed, which
shall include a hearing by the Board of Local In-
spectors of the Commission; and’’.
SEC. 3545. OPERATIONS REGULATIONS.
Section 1801 (22 U.S.C. 3811) is amended by strik-
ing ‘‘President’’ and inserting ‘‘Commission’’.
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SEC. 3546. MISCELLANEOUS REPEALS.
(a) REPEALS.—The following provisions are repealed:
(1) Section 1605 (22 U.S.C. 3795), relating to
interim toll adjustment.
(2) Section 1701 (22 U.S.C. 3801), relating to
the authority of the President to prescribe certain
regulations.
(3) Section 1702 (22 U.S.C. 3802), relating to
the authority of the Panama Canal Commission to
prescribe certain regulations.
(4) Title II (22 U.S.C. 3841–3852), relating to
the Treaty transition period.
(5) Chapter 1 of title III (22 U.S.C. 3861), re-
lating to cemeteries.
(6) Section 1246, relating to appliances for cer-
tain injured employees.
(7) Section 1251, relating to leave for jury or
witness service.
(8) Section 1301, relating to Canal Zone Gov-
ernment funds.
(9) Section 1313(c), relating to audits.
(b) CLERICAL AMENDMENTS.—Section 1 is amended
in the table of contents by striking each of the items relat-
ing to a title, chapter, or section repealed by subsection
(a).
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SEC. 3547. EXEMPTION.
(a) IN GENERAL.—Section 3302 is amended to read
as follows:
‘‘EXEMPTION
‘‘SEC. 3302. The Commission is exempt from the pro-
visions of subchapter II of chapter 6 of title 15, United
States Code.’’.
(b) CLERICAL AMENDMENT.—The table of contents
in section 1 is amended by striking the item relating to
section 3302 and inserting the following:
‘‘Sec. 3302. Exemption.’’.
SEC. 3548. MISCELLANEOUS CONFORMING AMENDMENTS
TO TITLE 5, UNITED STATES CODE.
Title 5, United States Code, is amended—
(1) in section 3401(1) by striking clause (v)
and redesignating clauses (vi) through (viii) as
clauses (v) through (vii), respectively;
(2) in section 5102(a)(1) by striking clause (vi)
and redesignating clauses (vii) through (xi) as
clauses (vi) through (ix), respectively;
(3) in section 5315 by striking ‘‘Administrator
of the Panama Canal Commission.’’;
(4) in section 5342(a)(1) by striking subpara-
graph (G) and redesignating subparagraphs (H)
through (L) as subparagraphs (G) through (K), re-
spectively;
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(5) in section 5343(a)(5) by striking ‘‘the areas
and installations’’ and all that follows through ‘‘Pan-
ama Canal Act of 1979),’’;
(6) in section 5348—
(A) by striking subsection (b) and redesig-
nating subsection (c) as subsection (b); and
(B) in subsection (a) by striking ‘‘sub-
sections (b) and (c)’’ and inserting ‘‘subsection
(b)’’;
(7) in section 5373 by striking paragraph (1)
and redesignating paragraphs (2) through (4) as
paragraphs (1) through (3), respectively;
(8) in section 5537(c) by striking ‘‘the United
States District Court for the District of the Canal
Zone, the District Court of Guam, and the District
Court of the Virgin Islands.’’ and inserting ‘‘the Dis-
trict Court of Guam and the District Court of the
Virgin Islands.’’;
(9) in section 5541(2)(xii)—
(A) by inserting ‘‘or’’ after ‘‘Services Ad-
ministration,’’; and
(B) by striking ‘‘, or a vessel employee of
the Panama Canal Commission’’;
(10) in section 7901 by amending subsection (f)
to read as follows:
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‘‘(f) The health programs conducted by the Ten-
nessee Valley Authority are not affected by this section.’’;
(11) in section 5102(c) by repealing paragraph
(12);
(12) in section 5924(3) by striking the last sen-
tence thereof; and
(13) in section 6322(a) by striking ‘‘, or the
Republic of Panama’’.
SEC. 3549. REPEAL OF PANAMA CANAL CODE.
Section 3303 (22 U.S.C. 3602 note) is amended by
adding at the end the following new subsection:
‘‘(c) The Panama Canal Code is repealed effective on
the date of the enactment of the Panama Canal Act
Amendments of 1996.’’.
SEC. 3550. MISCELLANEOUS CLERICAL AND CONFORMING
AMENDMENTS.
(a) CLERICAL AMENDMENTS.—The table of contents
in section 1 is amended in the items relating to sections
1101, 1102a, 1102b, and 1313 by inserting ‘‘Sec.’’ before
the section number.
(b) CONFORMING AMENDMENT.—Section 1303 (22
U.S.C. 3713) is amended by striking ‘‘section 1302(c)(1)’’
each place it appears and inserting ‘‘section 1302(b)(1)’’.
Passed the House of Representatives May 15, 1996.
Attest:
ROBIN H. CARLE,
Clerk.