An Act to amend the Small Business Act of 1953.
PL 84-402 (H.R.7871), enacted 02/02/1956

10 
PUBLIC LAW 402-FEB. 2, 1956 
[70 ST A T , 
Report, 
Appropriation. 
Restriction-
in the making of such survey, and shall be compensated for any work 
performed pursuant to this section out of such funds as may here-
after be appropriated for use by the International Joint Commission 
in carrying out this joint resolution. 
SEC. 4. The Secretary of State shall report the results of such 
survey to the Congress of the United States. 
SEC. 5. There is authorized to be appropriated not to exceed 
$3,000,000 to carry out this joint resolution, and any sum appropriated 
pursuant to this section shall be included in any determination of the 
proportionate share of the cost of construction of the Passamaquoddy 
tidal power project to be borne by the United States. 
SEC. 6. Nothing in this joint resolution or the survey authorized 
herein shall in any way commit the Congress or the Government of 
the United States as to future action on construction of any such 
project. 
Approved January 31, 1956. 
February 2, 1956 
[H. R. 7871] 
Public Law 402 
CHAPTER 29 
AN ACT 
To amend the Small Business Act of 1953. 
Small Business. 
67 Stat. 233. 
15 u s e 633, 
Revolving fund. 
Disaster loans. 
69 Stat. 549. 
15 u s e 636, 
Be it enacted hy the Senate and House of RefresentativeH 
of the 
Vnited States of America in (Jongress ansenihled^ That subsection 
(b) of section 204 of the Small Business Act of 1953, as amended, is 
hereby amended to read as follows: 
"(b) The Administration is authorized to obtain money from the 
Treasury of the United States for nse in the performance of the 
poAvers and duties granted to or imposed upon it by law, not to exceed 
a total of $375,000,000 outstanding at any one time. 
For this purpose 
appropriations not to exceed $375,000,000 are hereby authorized to 
be made to a revolving fund in the Treasury. 
Advances shall be made 
to the Administration from the revolving fund when requested by the 
Administration. 
Tliis revolving fund shall be used for the purposes 
enumerated subsequently in section 207 (a), (b) (1), (b) (2), and 
(b) (3). 
Not to exceed an aggregate of $150,000,000 shall be out-
standing at any one time for the purposes enumerated in section 207 
(a). 
Xot to exceed an aggregate of $125,000,000 shall be outstanding 
at any one time for the purposes enumerated in section 207 (b) (1). 
Xot to exceed an aggregate of $100,000,000 shall be outstanding at any 
one time for the purposes enumerated in section 207 (b) (2) and (b) 
(3). 
The Administration shall pay into miscellaneous receipts of the 
Treasury at the close of each fiscal year, interest on the net amount of 
the cash disbursements from such advances at a rate determined by the 
Secretary of the Treasury, taking into consideration the current aver-
age rate on outstanding interest-bearing marketable public debt obliga-
tions of the United States of comparable maturities.'' 
SEC. 2. The proviso in paragraph (1) of subsection (b) of section 
207 of the Small Business Act of 1953, as amended, is hereby amended 
to read as follows: '"Fvovided, That no such loan including renewals 
and extensions thereof may be made for a period or periods exceeding 
twenty years: And provided fiu'thei\ Tliat the interest rate cm the 
Administration's share of loans made under this paragraph shall not 
exceed 3 per centum per annum;'". 
SEC. 3. (a) Subsection (b) of section 207 of the Small Business Act 
of 1953, as amended, is hereby further amended (1) by striking the 
word "and" which follows the semicolon at the end of paragraph (3) ; 
70 
S T A T . ] 
PUBLIC LAW 405-FEB. 10, 1956 
11 
(2) by striking the period at the end of paragraph (4) and inserting 
in lieu thereof "; and"; and (8) by adding at the end of such subsec-
tion a new jjaragraph as follows: 
'*(5) to further extend the maturity of or renew any loan made 
pursuant to this section, beyond the periods stated therein, or 
any loan transferred to the Administration pursuant to Reor-
ganization Plan Numbered '2 of 1954, for additional periods not 
to exceed ten years, if such extension or renewal will aid in the 
orderly liquidation of such loan.'" 
(b) Subsection (f) of section 207 of such Act is hereby repealed. 
Approved February 2, 1956. 
68 Stat. 1280. 
5 u s e 133z-li5. 
69 Stat. 547. 
Public Law 403 
CHAPTER 31 
AN ACT 
To increase the fee for executing an application for a passport. 
February 10, 1956 
[H. R. 5844] 
Be If etKicted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled^ That the first proviso 
of section numbered 1 of the Act entitled "An Act making an appro-
priation for the Diplomatic and Consular Service for the fiscal year 
ending June 30, 192r-, approved June 4, 1920 (22 U. S. C , sec. 214), 
is amended by striking out "the retention by" and "of the fee of $1" 
and by inserting after the word "officials" the folloAving language: 
to collect and retain the sum of $2 as the fee. 
Approved February 10, 1956. 
Passport fees. 
41 Stat. 750. 
Public Law 404 
CHAPTER 32 
AN ACT 
Authorizing the completion of the initial stage of development for flood control 
and other purposes in the Russian River Basin, California. 
February 10, 1956 
[H. R. 7930] 
Be it enacted hy the Seriate and House of Representatives 
of the 
United States of America in Congress assemMed^ That in addition 
to the authorization of $11,522,000 for accomplishment of the initial 
stage of the plan for flood control and other purposes in the Russian 
River I^asin, California, authorized by the Flood Control Act of 1950, 
there is hereby authorized the completion of the initial stage at an 
estimated additional cost of $1,1()5,000. 
SFX'. 2. There are hereby authorized to be approi)riated such sums as 
may be necessary to carry out the provisions of this Act. 
Approved February 10, 1956. 
Russian 
R i v e r 
Basin, CaHf. 
64 Stat. 177. 
Appropriation. 
Public Law 405 
CHAPTER 33 
JOINT RESOLUTION 
February 10, 1956 
To permit FHA Title I repair assistance to new homes damaged by major 
[H. j . Res. 471] 
disasters. 
Resolved hy the Senate and House of Representatives 
of the United 
State-^ of America in Congress assemhled^ That section 2 (a) of the 
National Housing Act, as amended, is hereby amended by striking 
the period at the end thereof and inserting a colon and the following: 
"Provided, 
That this clause (iii) shall not be mandatory witli 
respect to the i^eriod of occupancy or completion of new residential 
Housii^g. 
R e p a i r assist-
ance. 
68 Stat. 590. 
12 u s e 1703.