An Act to establish the National Advisory Oceans and Atmosphere
PL 92-125 (H.R.2587), enacted 08/16/1971

344 
PUBLIC LAW 92-125-AUG. 16, 1971 
[85 
STAT. 
August 16, 1971 
[H. R. 2587] 
Public Law 92-125 
AN A C T 
To establish the National Advisory Committee on the Oceans and Atmosphere, 
National Advis-
ory Committee 
on Oceans and 
Atmosphere. 
Establishment. 
Chairman and 
Vice Chairman. 
Senior policy 
official. 
Reports to 
President and 
Congress. 
Compensation. 
80 Stat. 499. 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled^ There is hereby 
established a committee of twenty-five members to be known as the 
National Advisory Committee on Oceans and Atmosphere (hereafter 
referred to in this Act as the "Advisory Committee''). 
SEC. 2. (a) The members of the Advisory Committee, who may not 
be full-time officers or employees of the United States, shall be 
appointed by the President and shall be drawn from State and local 
government, industry, science, and other appropriate areas. 
(b) Except as provided in subsections (c) and (d), members shall 
be appointed for terms of three years. 
(c) Of the members first appointed, as designated by the President 
at the time of appointment— 
(1) nine shall be appointed for a term of one year, 
(2) eight shall be appointed for a term of two years, and 
(3) eight shall be appointed for a term of three years. 
(d) Any member appointed to fill a vacancy occurring prior to the 
expiration of the term for which his predecessor was appointed shall 
be appointed only for the remainder of such term. A member may 
serve after the expiration of his term until his successor has taken 
office. 
(e) The President shall designate one of the members of the Advis-
ory Committee as the Chairman and one of the members as the Vice 
Chairman. The Vice Chairman shall act as Chairman in the absence 
or incapacity of, or in the event of a vacancy in the office of, the 
Chairman. 
SEC. 3. Each department and agency of the Federal Government 
concerned with marine and atmospheric matters shall designate a 
senior policy official to participate as observer in the work of the 
Advisory Committee and to offer necessary assistance. 
SEC. 4. The Advisory Committee shall (1) undertake a continuing 
review of the progress of the marine and atmospheric science and serv-
ice programs of the United States, and (2) advise the Secretary of 
Commerce with respect to the carrying out of the purposes of the 
National Oceanic and Atmospheric Administration. The Advisory 
Committee shall submit a comprehensive annual report to the Presi-
dent and to the Congress setting forth an overall assessment of the 
status of the Nation's marine and atmospheric activities and shall sub-
mit such other reports as may from time to time be requested by the 
President. Each such report shall be submitted to the Secretary of 
Commerce who shall, within 90 days after receipt thereof, transmit 
copies to the President and to the Congress, with his comments and 
recommendations. The comprehensive annual report required herein 
shall be submitted on or before June 30 of each year, beginning 
June 30,1972. 
SEC 5. Members of the Advisory Committee shall, while serving on 
business of the Committee, be entitled to receive compensation at rates 
not to exceed $100 per diem, including traveltime, and while so serving 
away from their homes or regular places of business they may be 
allowed travel expenses, including per diem in lieu of subsistence, in 
the same manner as the expenses authorized by section 5703(b) of title 
5, United States Code, for persons in Government service employed 
intermittently. 
85 STAT. ] 
PUBLIC LAW 92-126-AUG. 17, 1971 
345 
SEC. (). The Secretary of Commerce shall make available to the 
Advisoi-y Committee such staff, information, personnel and adminis-
trative services and assistance as it may reasonably require to carry 
out its activities. The Advisory Committee is authorized to requesrt 
from any department, agency, or independent instrumentality of the 
Federal Government any information and assistance it deems neces-
sary to carry out its functions under this Act; and each such depart-
ment, agency, and instrumentality is authorized to cooperate with 
the Advisory Committee and, to the extent permitted by law, to 
furnish such information and assistance to the Advisory Committee 
upon request made by its Chairman, without reimbursement for sucJi 
services and assistance. 
SEC. 7. There is hereby authorized to be appropriated to the Secre-
tary of Commerce $200,000 for the fiscal year ending June 30, 1972, 
and each succeeding fiscal year to carry out the purposes of this Act. 
Approved August 16, 1971. 
Department of 
Commerce and 
other agencies, 
assistance. 
Appropriation. 
Public Law 92-126 
AN A C T 
To amend the Export-Import Bank Act of 1945, to eliminate certain export 
credit (-(mtrol.s. and for otlier piirposes. 
August 17, 1971 
[S, 581] 
Be it enacted hy the Senate and House of Re'presentatives of the 
United States of America in Congress assembled^ That (a) this Act 
may be cited as the "Export Expansion Finance Act of 1971". 
(b) The Export-Import Bank Act of 1945 (12 U.S.C. 635 and 
following) is amended as follows: 
(1) Section 2(a) of such Act is amended by inserting "(1)'' imme-
diately after "SEC. 2. (a)" and by adding at the end thereof the 
following new paragraph: 
"(2) The receipts and disbursements of the Bank in the discharge 
of its functions shall not be included in the totals of the budget of 
the United States Government and shall be exempt from any annual 
expenditure and net lending (budget outlays) limitations imposed 
on the budget of the United States Government. In accordance with 
the provisions of the Government Corporation Control Act, the Presi-
dent shall transmit annually to the Congress a budget for program 
activities and for administrative expenses of the Bank, which budget 
shall also include the estimated annual net borrowing by the Bank 
from the United States Treasury. The President shall report annually 
to the Congress the amount of net lending of the Bank, including 
any net lending created by the net borrowing from the United States 
Treasury, which would be included in the totals of the budget of 
the United States Government if the Bank's activities were not 
excluded from those totals as a result of this section." 
(2) Section 2(c)(1) of such Act is amended by striking out 
"$3,500,000,000" and inserting in lieu thereof "$10,000,000,000". 
(3) 
Section 7 of such Act is amended by striking out 
"$13,500,000,000" and inserting in lieu thereof "$20,000,000,000". 
(4) Section 8 of such Act is amended by striking out "June 30,1973" 
and inserting in lieu thereof "June 30,1974", and by inserting immedi-
ately following the words "Secretary of the Treasury" "or any other 
purchasers". 
(5) Section 2(b) (3) of such Act is amended to read as follows: 
"(3) The Bank shall not guarantee, insure, or extend credit, or 
participate in the extension of credit in connection with (A) the pur-
chase of any product, technical data, or other information by a 
national or agency of any nation which engages in armed conflict, 
Export Expan-
sion Finance Act 
of 1971. 
59 Stat, 526. 
61 Stat. 130. 
Receipts and 
disbursements, 
exclusion from 
U.S. budget. 
59 Stat. 597. 
31 u s e 841 
note. 
Presidential 
report to Congress, 
82 Stat. 49, 
12 u s e 635e„ 
12 u s e 635f. 
Credit extension, 
restriction, 
12 u s e 635,