An Act to amend the Atomic Energy Act of 1954, as amended, with respect to cooperation with States.
PL 86-373 (S.2568), enacted 09/23/1959

688 
PUBLIC LAW 86-373-8EPT. 23, 1969 
[73 STAT. 
consolidated under a single contract with one or more low-rent 
projects being assisted under the United States Housing Act of 
42 use fflo. 
1937, and all income from any such project convej^ed under this 
section may be commingled with funds of the project or projects 
with which it is consolidated and applied in accordance with the 
requirements of the consolidated contract and the provisions 
of section 10(c) of the said Act". 
42 use 1410. 
DISPOSAL or PROJECT 
SEC. 808. Notwithstanding any other provision of law, the Housing 
and Home Finance Administrator may, whenever he deems it desirable, 
in the public interest, and in the fulfillment of the purposes of title VI 
64 Stat. 70. 
of the Act of October 14, 1940, as amended (42 U.S.C. 1587), with 
respect to a housing project known as the Southmore Mutual Housing 
Corporation Project of South Bend, Indiana, consent to the modifica-
tion, with respect to purchase price, repayment period, rate of interest, 
time of payment of any installment on principal or interest, security, 
or any other term, of any contract, sale, mortgage, or other agreement 
with respect to such project or any part thereof. 
REAL ESTATE LOANS BY NATIONAL BANKS 
u vie liol 
SEC. 809. Section 203 of the National Housing Act is amended by 
adding at the end thereof the following new subsection: 
"(j) Loans secured by mortgages insured under this section shall 
not be taken into account in determining the amount of real estate 
loans which a national bank may make in relation to its capital and 
surplus or its time and savings deposits." 
Approved September 23, 1959. 
Public Law 86-373 
September 23, 1959 
^ ^ ^ 
[s. 2568] 
To amend the Atomic Energy Act of 1954, as amended, with respect to cooperation 
with States. 
Atomic Energy 
Act of 1954, 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled^ That the following 
Miendments.' " "' sectiou be added to the Atomic Energy Act of 1954, as amended: 
J! ^u^s 1% 11 
"SEC. 274. 
COOPERATION W I T H STATES.— 
>te- 
,: 
"a. It is the purpose of this section— 
"(1) to recognize the interests of the States in the peaceful uses 
of atomic energy, and to clarify the respective responsibilities 
under this Act of the States and fhe Commission with respect to 
the regulation of byproduct, source, and special nuclear materials; 
"(2) to recognize the need, and establish programs for, coop-
eration between the States and the Commission with respect to 
control of radiation hazards associated with use of 
such 
materials; 
"(3) to promote an orderly regulatory pattern between the 
Commission and State governments with respect to nuclear 
development and use and regulation of byproduct, source, and 
special nuclear materials; 
"(4) to establih procedures and criteria for discontinuance 
of certain of the Commission's regulatory responsibilities with 
respect to byproduct, source, and special nuclear materials, and 
the assumption thereof by the States; 
73 S T A T . ] 
P U B U C L
A
W 86-373-SEPT. 23, 1959 
"(5) to provide for coordination of the development of radia-
tion standards for the guidance of Federal agencies and coopera-
tion with the States; and 
"(6) to recognize that, as the States improve their capabilities 
to regulate effectively such materials, additional legislation may 
be desirable, 
"b. Except as provided in subsection c, the Commission is author-
ized to enter into agreements with the Governor of any State provid-
ing for discontinuance of the regulatory authority of the Commission 
under chapters 6, 7, and 8, and section 161 of this Act, with respect 
to any one or more of the following materials within the State— 
" (1) byproduct materials; 
" (2) source materials; 
"(3) special nuclear materials in quantities not sufficient to 
form a critical mass. 
During the duration of such an agreement it is recognized that the 
State shall have authority to regulate the materials covered by the 
agreement for the protection of the public health and safety from 
radiation hazards. 
"c. No agreement entered into pursuant to subsection b. shall pro-
vide for discontinuance of any authority and the Commission shall 
retain authority and responsibility with respect to regulation of— 
"(1) the construction and operation of any production or utili-
zation facility; 
"(2) the export from or import into the United States of by-
product, source, or special nuclear material, or of any production 
or utilization facility; 
"(3) the disposal into the ocean or sea of byproduct, source, 
or special nuclear waste materials as defined m regulations or 
orders of the Commission; 
"(4) the disposal of such other byproduct, source, or special 
nuclear material as the Commission determines by regulation or 
order should, because of the hazards or potential hazards thereof, 
not be so disposed of without a license from the Commission. 
Notwithstanding any agreement between the Commission and any 
State pursuant to subsection b., the Commission is authorized by rule, 
regulation, or order to require that the manufacturer, processor, or 
producer of any equipment, device, commodity, or other product con-
taining source, byproduct, or special nuclear material shall not transfer 
possession or control of such product except pursuant to a license issued 
by the Commission. 
"d. The Commission shall enter into an agreement under subsec-
tion b. of this section with any State if— 
"(1) The Governor of that State certifies that the State has a 
program for the control of radiation hazards adequate to protect 
the public health and safety with respect to the materials within 
the State covered by the proposed agreement, and that the State 
desires to assume regulatory responsiblity for such materials; 
and 
" (2) the Commission finds that the State program is compatible 
with the Commission's program for the regulation of such mate-
rials, and that the State program is adequate to protect the public 
health and safety with respect to the materials covered by the 
proposed agreement, 
"e. (1) Before any agreement under subsection b. is signed by the 
Commission, the terms of the proposed agreement and of proposed ex-
emptions pursuant to subsection f. shall be published once each week 
Agreements with 
States. 
42 U S C 2071-
2112, 2201. 
Conditions. 
P u b l i c ation in 
. R. 
690 
PUBLIC LAW 86-373-SEPT. 23, 1969 
[73 STAT. 
for four consecutive weeks in the Federal Register; and such oppor-
tunity for comment by interested persons on me proposed agreement 
and exemptions shall be allowed as the Commission determines by 
regulation or order to be appropriate. 
"(2) Each proposed agreement shall include the proposed effective 
date of such proposed agreement or exemptions. The agreement and 
exemptions shall be published in the Federal Register within thirty 
days after signature by the Commission and the Governor, 
uh-tments.^"*''*' 
"^- '^^^ Commission is authorized and directed, by regulation or 
Exemptions. 
Order, to grant such exemptions from the licensing requirements con-
tained in chapters 6, 7, and 8, and from its regulations applicable to 
licensees as the Commission finds necessary or appropriate to carry 
out any agreement entered into pursuant to subsection b. of this 
section. 
"g. The Commission is authorized and directed to cooperate with 
the States in the formulation of standards for protection against 
hazards of radiation to assure that State and Commission programs 
for protection against hazards of radiation will be coordinated and 
compatible. 
ti<frfccf)!^cfi.^**^*" 
"^' Th^re is hereby established a Federal Radiation Council, con-
sisting of the Secretary of Health, Education, and Welfare, the 
Chairman of the Atomic Energy Commission, the Secretary of 
Defense, the Secretary of Commerce, the Secretary of Labor, or 
their designees, and such other members as shall be appointed by the 
President. 
The Council shall consult qualified scientists and experts 
in radiation matters, including the President of the National Acad-
emy of Sciences, the Chairman of the National Committee on Radia-
tion Protection and Measurement, and qualified experts in the field 
of biology and medicine and in the field of health phvsics. 
The 
Special Assistant to the President for Science and Technology, or his 
designee, is authorized to attend meetings, participate in the delibera-
tions of, and to advise the Council. 
The Chairman of the Council 
shall be designated by the President, from time to time, from among 
the members of the Council. 
The Council shall advise the President 
with respect to radiation matters, directly or indirectly affecting 
health, including guidance for all Federal agencies in the formulation 
of radiation standards and in the establishment and execution of 
programs of cooperation with States. 
The Council shall also per-
form such other functions as the President may assign to it by 
Executive order. 
Inspections. 
"J The Commission in carrying out its licensing and regulatory 
responsibilities under this Act is authorized to enter into agreements 
with any State, or group of States, to perform inspections or other 
functions on a cooperative basis as the Commission deems appropriate. 
The Commission is also authorized to provide training, with or with-
out charge, to employees of, and such other assistance to, any State 
or political subdivision thereof or group of States as the Commission 
deems appropriate. 
Any such provision or assistance by the Com-
mission shall take into account the additional expenses that may be 
incurred by a State as a consequence of the State's entering into an 
agreement with the Commission pursuant to subsection b. 
a Teem^rt"*""" *
*
^ 
"J" '^® Commission, upon its own initiative after reasonable notice 
and opportunity for hearing to the State with which an agreement 
imder subsection b. has become effective, or upon request of the Gov-
ernor of such State, may terminate or suspend its agreement with the 
State and reassert the licensing and regulatory authority vested in it 
under this Actj if the Commission finds that such termination or sus-
pension is required to protect the public health and safety. 
73 S T A T . ] 
PUBLK3 LAW 86-374-8EPT. 23, 1969 
691 
•'k. Nothing in this section shall be construed to affect the authority 
of any State or local agency to regulate activities for purposes other 
than protection against radiation hazards. 
"1. With respect to each application for Commission license author-
izing an activity as to which the Commission's authority is continued 
pursuant to subsection c, the Commission shall give prompt notice to 
the State or States in which the activitj/^ will be conducted of the filing 
of the license application; and shall afford-reasonable opportunity for 
State representatives to offer evidence, interrogate witnesses, and 
advise the Commission as to the application • without requiring such 
representatives to take a position for or against the granting of the 
application. 
"m. No agreement entered into under subsection b., and no exemp-
tion granted pursuant to subsection f., shall affect the authority of the 
Commission under subsection 161 b. or i. to issue rules, regulations, or 
orders to protect the common defense and security, to protect restricted 
data or to guard against the loss or diversion of special nuclear mate-
rial. 
For purposes of subsection 161i., activities covered by exemp-
tions granted pursuant to subsection f. shall be deemed to constitute 
activities authorized pursuant to this Act; and special nuclear material 
acquired by any person pursuant to such an exemption shall be deemed 
to have been acquired pursuant to seetion 53. 
"n. As used in this section, the term 'State' means any State, Terri-
tory, or possession of the United States, the Canal Zone, Puerto Rico, 
and the District of Columbia." 
SEC. 2. Section 108 of the Atomic Energy Act of 1954 is amended 
by deleting the phrase "distributed under the provisions of subsection. 
53a.," from the second sentence. 
Approved September 23, 1959. 
Notice of fUing. 
42 use 2201. 
42 use 2073. 
Definition. 
42 use 2138. 
Public Law 86-374 
AN ACT 
September 23, 1959 
To promote and preserve local management of savings and loan associations by 
[H. R. 7244] 
protecting them against encroachment by holding companies. 
Savings and loan 
Be it eruicted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled, That title IV of the h o l d i n g com-
National Housing Act, as amended (12 U.S.C, sec. 1724 et seq.), is panies. 
amended by adding at the end thereof the following new section: 
48 s?at!^°255. 
'REGULATION OF HOLDING COMPANIES 
"SEC. 408. (a)(1) As used in this section, the term 'company' means 
any corporation, business trust, association, or similar organization, 
but does not include the Federal Savings and Loan Insurance Corpora-
tion, any partnership, or any company the majority of the shares of 
which is owned by the United States or by any State. 
"(2) As used in this section (except when used in subsection (f)), 
the term 'stock' means nonwithdrawable stock, underlying owner-
ship stock other than mutual shares in a mutual institution, perma-
nent stock, guaranty stock, or stock of a similar nature (as defined by 
the Federal Home Loan Bank Board by regulation) by whatever 
name called. 
"(3) For the purposes of this section, a company shall be con-
sidered as having control of an institution or other organization if 
such company owns, controls, or holds with power to vote more than 
Definitions.