An Act to amend section 4(a) of the Securities Exchange Act of 1934, as amended
PL 86-771 (H.R.13066), enacted 09/13/1960

74 S T A T . ] 
PUBLIC LAW 86-773-SEPT. 13, 1960 
SEC. 4. The amendments made by sections 1 and 2 of this Act shall 
apply to any case or proceeding pending on, or brought after, the 
date of enactment of this Act in the district courts or the Court of 
Claims. The amendment made by section 3 shall apply to any case 
or proceeding brought after the date of enactment of this Act. 
Approved September 13, 1960. 
913 
Public Law 86-771 
A N A C T 
September 13, I960 
To amend section 4(a) of the Securities Exchange Act of 1934, as amended. 
[H. R. 13066] 
Be it ervacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled, That the fourth sen- ^ ^ange'" A^^T. 
tence of subsection (a) of section 4 of the Securities Exchange Act of amendment. 
1934, as amended (15 U.S.C. 78(d)), is amended by adding ", except 
^"'«' P- ^OS. 
that the chairman shall receive additional salary at the rate of $500 
a year" after "$20,000 a year". 
Approved September 13, 1960. 
Public Law 86-772 
AN ACT 
To increase the amount authorized to be appropriated for the worlc of the 
President's Committee on Employment of the Physically Handicapped. 
Be it enacted hy the Senate and House of Representatives 
of the 
United^ States 
of America 
in Congress assembled, That the joint 
resolution entitled "Joint resolution authorizing an appropriation for 
the work of the President's Committee on National Employment of 
the Physically Handicaj)ped Week", approved July 11, 1949, as 
amended (63 Stat. 409), is amended by striking out "$225,000" and 
inserting in lieu thereof "$300,000". 
Approved September 13, 1960. 
September 13, 1960 
[H. R. 12458] 
Public Law 86-773 
AN ACT 
To amend the District of Columbia Teachers' Salary Act of 1955, as amended. 
September 13, 1960 
[H. R. 12993] 
31-
Be it enacted by the Senate and House of Representatives 
of the 
United States of America in Congress assembled, That the Act en- 
D. C. Teachers' 
titled "An Act to fix and regulate the salaries of teachers, school amendments, 
officers, and other employees of the Board of Education of the District 
of Columbia, and for other purposes", approved August 5, 1955 (69 
Stat. 521, ch. 569), as amended, is amended by striking the salary 
D^ ^^*pode'*' 
schedule for service step 1 of class 18 therefrom and inserting in lieu 65 9k-i." 
thereof the following new salary schedule for service step 1 of class 18: 
"4, 800 
5, 300 
5, 500". 
SEC. 2. Each employee of the Board of Education of the District 
increase, 
of Columbia whose salary is fixed and regulated by the Act entitled 
48232 0-61-58 
914 
PUBLIC LAW 86-774-SEPT. 13, 1960 
[74 ST A T . 
Retroactive com-
pensation. 
64 Stat. 395. 
5 u s e 61f-61k. 
68 Stat. 736. 
5 u s e 209 1 note. 
"An Act to fix and regulate the salaries of teachers, school officers, 
and other employees of the Board of Education of the District of 
Columbia, and for other purposes", approved August 5, 1955 (69 
Stat. 521, ch. 569), as amended, shall receive, in addition to the com-
pensation already provided by such Act, compensation at the rate of 
7.5 per centum of the aggregate compensation provided by such Act; 
except that the provisions of this section shall not be applicable with 
respect to (A) any employee whose salary is fixed by the salary sched-
ule for service step 1 of class 18, or (B) the superintendent and the 
deputy superintendent of schools. 
SEC. 3 (a) Retroactive compensation or salary shall be paid by rea-
son of this Act only in the case of an individual in the service of the 
Board of Education of the District of Columbia (including service in 
the Armed Forces of the United States) on the date of enactment of 
this Act, except that such retroactive compensation or salary shall be 
paid (1) to any employee covered in this Act who retired during the 
period beginning on the day following the first day of the first pay 
period which began on or after July 1,1960, and ending on the date of 
enactment of this Act for services rendered during such period and (2) 
in accordance with the provisions of the Act of August 3,1950 (Public 
Law 636, 81st Congress), as amended, for services rendered during the 
period beginning on the first day of the first pay period which began 
on or after July 1, 1960, and ending on the date of enactment of this 
Act by any such employee who dies during such period. 
(b) For the purposes of this section, service in the Armed Forces of 
the United States in the case of an individual relieved from training 
and service in the Armed Forces of the United States or discharged 
from hospitalization following such training and service, shall in-
clude the period provided by law for the mandatory restoration of 
such individual to a position in or under the municipal government of 
the District of Columbia. 
SEC. 4. For the purpose of determining the amount of insurance for 
which an individual is eligible under the Federal Employees' Group 
Life Insurance Act of 1954, as amended, all changes in rates of com-
pensation or salary which result from the enactment of this Act shall 
be held and considered to be effective as of the date of enactment of 
this Act. 
SEC. 5. The provisions of this Act shall become effective as of July 1, 
1960. 
Approved September 13, 1960. 
September 13, i960 
ept< 
L
H R. 11573] 
Public Law 86-774 
AN ACT 
T{) provide for the free entry of an electron microscope for the use of William 
Marsh Rice University of Houston, Texas, an electron microscope for the use 
of the University of Colorado Medical Center, Denver, Colorado, and for other 
purposes. 
Electron n 
scopes. 
Free entry. 
Grain 
m i l l i n g 
equipment. 
Be it enacted by the Senate and House of Representatives 
of the 
United States of America in Congress assembled^ That the Secretary 
of the Treasury is authorized and directed to admit free of duty one 
electron microscope imported for the use of William Marsh Rice 
University of Houston, Texas, and one electron microscope imported 
for the use of the University of Colorado Medical Center, Denver, 
Colorado. 
SEC. 2. The Secretary of the Treasury is authorized and directed 
to admit free of duty grain milling equipment and appurtenances im-
ported for the use of Kansas State University, Manhattan, Kansas,