An Act to provide for a modification in the par value of the dollar, and for other purposes
PL 92-268 (S.3160), enacted 03/31/1972

116 
PUBLIC LAW 92-266-MAR. 30, 1972 
[86 STAT. 
March 30,1972 
[S.3353] 
Public Law 92-266 
AN ACT 
To provide for the striking of medals in commemoration of tlie First United 
States International Transportation Exposition. 
First U.S. 
International 
Transportation 
Exposition. 
Commemorative 
medals. 
Cost. 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled^ That, in commemo-
ration of the First United States International Transportation Expo-
sition,, to be held at Dulles Airport, May 27 through June 4,1972, the 
Secretary of the Treasury (hereinafter referred to as the "Secretary") 
is authorized and directed to strike medals of suitable sizes and metals, 
and with suitable emblems, devices, and inscriptions to be determined 
by the Secretary of Transportation, subject to the approval of the 
Secretary. 
SEC. 2. The Secretary shall furnish the medals to the Secretary of 
Transportation at a price equal to the cost of the manufacture. 
SEC. 3. The Secretary shall also cause such medals to be sold by the 
mint, as a list medal, under such regulations as he may prescribe, at 
a price sufficient to cover the cost thereof, including labor, materials, 
dies, use of machinery, and overhead expenses. 
Approved March 30, 1972. 
March 30, 1972 
[S. 904] 
Public Law 92-267 
AN ACT 
To amend the Uniform Time Act to allow an option in the adoption of advanced 
time in certain cases. 
Uniform Time 
Act, amendment. 
Advanced time 
option, allowance. 
80 Stat. 107. 
Be it enacted hy the Senate a;nd House of Representatives 
of the 
United States of America in Congress assembled^ That section 3(a) of 
the Uniform Time Act of 1966 (15 U.S.C. 260a) is amended by striking 
out all after the semicolon and inserting the following in place thereof: 
"however, (1) any State that lies entirely within one time zone may by 
law exempt itself from the provisions of this subsection providing for 
the advancement of time, but only if that law provides that the entire 
State (including all political subdivisions thereof) shall observe the 
standard time otherwise applicable during that period, and (2) any 
State with parts thereof in more than one time zone may by law exempt 
either the entire State as provided in (1) or may exempt the entire area 
of the State lying within any time zone." 
Approved March 30, 1972. 
March 31, 1972 
[S.3160] 
Par Value Modi-
fication Act. 
New value, 
establishment. 
Public Law 92-268 
AN ACT 
To provide for a modification in the par value of the dollar, and for other purposes. 
Be it enacted by the Senate and House of Representatives 
of the 
United States of America in Congress assembled^ 
SECTION 1. This Act may be cited as the "Par Value Modification 
Act". 
SEC. 2. The Secretary of the Treasury is hereby authorized and 
directed to take the steps necessary to establish a new par value of the 
dollar of $1 equals one thirty-eighth of a fine troy ounce of gold. When 
established such par value shall be the legal standard for defining the 
86 
STAT.] 
PUBLIC LAW 92-269-APR. 6, 1972 
117 
relationship of the dollar to gold for the purpose of issuing gold cer-
tificates pursuant to section 14(c) of the Gold Keserve Act of 1934 (31 
U.S.C. 405b). 
SEC. 3. The Secretary of the Treasury is authorized and directed to 
maintain the value in terms of gold of the holdings of United States 
dollars of the International Monetary Fund, the International Bank 
for Eeconstruction and Development, the Inter-American Develop-
ment Bank, the International Development Association, and the Asian 
Development Bank to the extent provided in the articles of agreement 
of such institutions. There is hereby authorized to be appropriated, to 
remain available until expended, such amounts as may be necessary to 
provide for such maintenance of value. 
SEC. 4. The increase in the value of the gold held by the United 
States (including the gold held as security for gold certificates) result-
ing from the change in the par value of the dollar authorized by sec-
tion 2 of this Act shall be covered into the Treasury as a miscellaneous 
receipt. 
Approved March 31, 1972. 
48 Stat. 343; 
82 Stat. 51. 
Maintenance. 
Appropriation. 
Increment dis-
position. 
Public Law 92-269 
AN ACT 
To change the minimum age qualification for serving as a juror in Federal courts 
from twenty-one years of age to eighteen years of age. 
April 6, 1972 
[S. 1975] 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress a^semhled, That section 1865 
(b) (1) of title 28, United States Code, is amended by striking out 
"twenty-one years" and inserting in lieu thereof "eighteen years". 
SEC. 2. Section 1863(b) (4) of title 28, United States Code, is 
amended by inserting before the period at the end thereof ", the inter-
val for which shall not exceed, four years". 
SEC. 3. (a) Each judicial district and each division or combination 
of divisions within a judicial district, for which a separate plan for 
random selection of jurors has been adopted pursuant to section 1863 
of title 28, United States Code, other than the District of Columbia 
and the districts of Puerto Rico and the Canal Zone, shall not later than 
September 1, 1973, refill its master jury wheel with names obtained 
from the voter registration lists for, or the lists of actual voters in, the 
1972 general election. 
(b) The District of Columbia and the judicial districts of Puerto 
Rico and the Canal Zone shall not later than September 1, 1973, refill 
their master jury wheels from sources which include the names of 
persons eighteen years of age or older. 
(c) The qualified jury wheel in each judicial district, and in each 
division or combination of divisions in a judicial district for which a 
separate plan for random selection of jurors has been adopted, shall 
be refilled from the master jury w^heel not later than October 1, 1973. 
SEC. 4. (a) Nothing in this Act shall affect the composition of any 
master jury wheel or qualified jury wheel prior to the date on which it 
is first refilled in compliance with the terms of section 3. 
(b) Nothing in this Act shall affect the composition or preclude the 
service of any jury empaneled on or before the date on which the 
qualified jury wheel from which the jurors' names were drawm is 
refilled in compliance with the provisions of section 3. 
Approved April 6, 1972. 
Jury service. 
Minimum age 
qualification. 
82 Stat. 58. 
Master jury 
wheel, refill.