A bill to provide for increasing the amount of interest paid on the permanent fund of the U.S. Soldiers' and Airmen's Home.
PL 93-185 (H.R.8528), enacted 12/15/1973

712 
PUBLIC LAW 93-185-DEC. 15, 1973 
[87 STAT. 
Administrative 
costs, payment. 
Application, fil-
ing date. 
' 'Administrative 
c o s t s . " 
thence south 8 degrees 55 minutes west 550.00 feet, crossing a 
farm road to a dead white oak near head of the branch; 
thence south 24 degrees 45 minutes east 1628.00 feet to the begin-
ning, containing 285.53 acres, more or less. 
Being a part of the same lands conveyed to the North Carolina Defense 
Relocation Corporation by deed from G. lE. Cavenaugh, widower, 
dated October 15,1941, of record in book 194, page 440. 
SEC. 2. The Secretary shall require the deposit of a sum of money 
which he deems sufficient to cover estimated administrative costs of 
this Act. If conveyance is not made pursuant to this Act, and the 
administrative costs exceed the deposit, the Secretary shall bill the 
applicant for the outstanding amount, but if the amount of the deposit 
exceeds the actual administrative costs, the Secretary shall refund 
the excess. 
SEC. 3. No conveyance shall be made unless application for con-
veyance is filed with the Secretary within six months of the date of 
approval of this Act and unless within the time specified by him pay-
ment is made to the Secretary of (1) administrative costs of the con-
veyance and (2) the fair market value of the interest to be conveyed. 
The amount of the payment required shall be the difference between 
the amount deposited and the full amount required to be paid under 
this section. If the amount deposited exceeds the full amount required 
to be paid, the applicant shall be given a credit or refund for the excess. 
SEC. 4. The term "administrative costs" as used in this Act, includes, 
but is not limited to, all costs of (1) conducting such exploratory pro-
grams as the Secretary of the Interior deems necessary to determine 
the character of the mineral deposits in the land, (2) evaluating the 
data obtained under the exploratory programs to determine the fair 
market value of the mineral rights to be conveyed, and (3) preparing 
and issuing the instrument of conveyance. 
SEC. 5. Moneys paid to the Secretary for administrative costs shall 
be paid to the agency which rendered the service and deposited to the 
appropriation then current. Moneys paid for the minerals or mineral 
interests conveyed shall be deposited into the general fund of the 
Ti-easury as miscellaneous receipts. 
Approved December 15, 1973. 
December 15, 1973 
[H. R. 8528] 
Public Law 93-185 
AN ACT 
To provide for increasing the amount of interest paid on the permanent fund of 
the United States Soldiers' and Airmen's Home. 
U.S. Soldiers' 
and Airmen's Home 
Permanent Fund. 
Interest rate, 
increase. 
22 Stat. 565. 
Be it enacted hy the Semite and House of Rep7'esentatives of the 
United States of America in Congress assennhled^ That section 8 of 
the Act of March 3, 1883, chapter 130 (24 U.S.C. 46) is amended by 
striking out "the rate of 3 per centum per annum," and inserting in 
place thereof "a rate determined by the Secretary of the Treasury, 
taking into consideration the current average market yield on out-
standing marketable obligations of the United States with remaining 
periods to maturity comparable to the average maturities of such 
investments, adjusted to the nearest one-eighth of 1 per centum,". 
Approved December 15, 1973.