An Act to amend the Second Liberty Bond Act to increase the maximum interest rate permitted on United States savings bonds
PL 91-130 (H.R.14020), enacted 12/01/1969

272 
PUBLIC LAW 91-130-DEC. 1, 1969 
[83 STAT. 
80 Stat. 
467. 
443, 
5 u s e 5101, 
5331,5332 
80 Stat. 
Contract 
authority. 
note. 
416, 
the competitive service, and such personnel may be paid without regard 
to the provisions of chapter 51 and subchapter I I I of chapter 53 of 
such title relating to classification and General Schedule pay rates, but 
no individual shall receive compensation at a rate in excess of the maxi-
mum rate authorized by the General Schedule. In addition, the 
Commission may procure the services of experts and consultants in 
accordance with section 310& of title 5, United States Code, but at 
rates for individuals not in excess of $100 per diem. 
(d) The Commission is authorized to negotiate and enter into con-
tracts with f)rivate organizations and educational institutions to carry 
out such studies and prepare such reports as the Commission deter-
mines are necessary in order to carry out its duties. 
Ante, p. 270. 
GOVERNMENT DEPARTMENTS AND AGENCIES AUTHORIZED TO AID 
COMMISSION 
SEC. 7. Any department or agency of the Government is authorized 
to provide for the Commission such services as the Commission requests 
on such basis, reimbursable or otherwise, as may be agreed between the 
department or agency and the Chairman or Vice Chairman. All such 
requests shall be made by or in the name of the Chairman or Vice Chair-
man of the Commission. 
TERMINATION OF THE COMMISSION 
SEC. 8. One hundred and twenty days after the submission of the 
final report provided for in section 4 of this Act, the Commission shall 
cease to exist. 
AUTHORIZATION OF APPROPRIATIONS 
SEC. 9. There are hereby authorized to be appropriated to the Com-
mission such sums as may be necessary to carry out the provisions of 
this Act. 
Approved November 26, 1969. 
December 1, 1969 
[H. R. 14020] 
Public Law 91-130 
AN A C T 
To amend the Second Libert.v Bond Act to incivase the maximum interest rate 
I>ermitted on I'nited States savings bonds. 
U.S. savings 
bonds. 
Interest rate, 
increase. 
71 Stat. 15. 
Repeal. 
73 Stat. 621. 
Be it enacted hy the Semite and Jloune of Repre>^entat'ivex, of the 
Vn'ited SStdtex. of America in Cojigre-s.H a«-vmhled. That the proviso in 
the second sentence of section :22(b) (1) of tlie Second Liberty Bond 
Act, as amended (31 U.S.C. 757c(b) (1)), is amended by striking out 
•"3.26 per centum" and inserting in lieu thereof "5 per centum*'. 
SEC. 2. (a) Section 25 of the Second I^iberty Bond Act (31 U.S.C., 
sec. 757c-l) is hereby repealed. 
(b) Section 22(b)(2) of such Act (31 U.S.(\, 757c(b)(2)) is 
amended by striking out" (subject to section 25)" each place it appears 
therein. 
SEC. 3. The authority granted by the amendment made by the first 
section of this Act may be exercised with respect to T']iited States 
savings bonds bearing issue dates of June 1, 1969, or tliereafter. Such 
authority may also be exercised with respect to I'nited States savings 
83 STAT. ] 
PUBLIC LAW 91-132-DEC. 2, 1969 
273 
bonds issued before June 1,19(J9, but in no case shall the interest rate or 
investment yield on any bond be changed pursuant to such authority 
for any period Avhich begins before June 1, 19()9. For purposes of 
section 22(b) (2) (A) of the Second Liberty Bond Act and for purposes 
of section •154(c) of the Internal Revenue Code of 1954, the United 
^s stau 6^2j. 
States savings notes known as freedom shares issued not later than 
one year after the date of the enactment of this Act in connection with 
the issuance of L^nited States series E bonds shall be treated in the 
same manner as such bonds. 
Approved December 1, 1969. 
Public Law 91-131 
AN A C T 
December 1, 1969 
To authorize appropriations to carry out the Standard Reference Data Act. 
[H. R. 4284] 
Be it enacted hy the Senate and lioiiae of RepreHentatives of the 
United States of America in Congress assevibJed. That there are hereby 
Appropriation. 
authorized to be appropriated to the Department of Commerce such 
sums as may be necessary for the fiscal years 1970 and 1971, but not to 
exceed a total of $6,000,000, to carry out the purposes of the Standard 
Reference Data Act (Public Law 90-396; 82 Stat. 339). 
J^l use 290 
Approved December 1, 1969. 
Public Law 91-132 
A N A C T 
December 2, 1969 
To provide for tlie establishment of the William Howard Taft National Historic 
[H. R. 7066] 
Site. 
Be It enacted by the Senate and House of Re 
present at'ires of the 
United States of Atnerica m Congress assemhted^ That, in order to 
wiiuam Howard 
preserve in public ownership historically significant properties associ- Hfstoric sue, 
ated with the life of William Howard Taft, the Secretary of the ohio. 
Interior is authorized to acquire, by donation or purchase with donated 
Establishment. 
funds, such land and interests in land, together with buildings and 
improvements thereon and including scenic easements, at or in the 
vicinity of Auburn Avenue, Cincinnati, Ohio, as are depicted on the 
drawing entitled "William Howard Taft National Historic Site 
Boundary Map,*" numbered TAHO-20()09, and dated August 1969. 
The drawing shall be on file and available for public inspection in 
the offices of the National Park Service, Department of the Interior. 
When acquired such site shall be known as the William Howard Taft 
National Historic Site. 
SEC. 2. The administration, development, preservation, and mainte- 
Administration. 
nance of the William Howard Taft National Historic Site shall be 
exercised by the Secretary oT the Interior in accordance with the 
provisions of the Act entitled "An Act to establish a National Park 
Service, and for other purposes", approved August 25, 1916, as 
amended (16 I'.S.C. 1 et seq.), and the Act entitled ''An Act to 
39 stat. 535. 
])rovide for the preservation of historic American sites, buildings, 
objects, and antiquities of national significance, and for other pur-
poses", approved August 21, 1935 (16 U.S.C. 461 et seq.). 
^^ stat. 666. 
SEC. 3. There are hereby authorized to be appropriated not to exceed 
Appropriation. 
$318,000 to provide for the restoration and development of the 
William Howard Taft National Historic Site. 
Approved December 2, 1969.