A joint resolution extending the dates for the transmission of the 1974 Economic Report and the report of the Joint Economic Committee.
PL 93-235 (S.J.Res.182), enacted 01/02/1974

984 
PUBLIC LAW 93-235-JAN. 2, 1974 
[87 STAT. 
Secretary shall encourage local officials to disseminate information 
concerning such study widely within the community, so that inter-
ested persons will have an opportunity to bring all relevant facts and 
technical data concerning the local flood hazard to the attention of the 
agency during the course of the study. 
TO PERMIT NATIONAL BANKS TO INVEST I N AGRICULTURAL CREDIT 
CORPORATIONS 
SEC. 207. That paragraph "Seventh"' of section 5136 of the Revised 
Statutes (12 U.S.C. 24) is amended by adding at the end thereof the 
following: "Notwithstanding any other provision in this paragraph, 
the association may purchase for its own account shares of stock issued 
by a corporation organized solely for the purpose of making loans to 
farmers and ranchers for agricultural purposes, including the breed-
ing, raising, fattening, or marketing of livestock. However, unless the 
association owns at least 80 per centum of the stock of such agricul-
tural credit corporation the amount invested by the association at any 
one time in the stock of such corporation shall not exceed 20 per 
centum of the unimpaired capital and surplus of the association.". 
82 Stat. 113; 
86 Stat. 405. 
56 Stat. 305; 
84 Stat. 1773. 
12 u s e . 1703. 
FLEXIBLE INTEREST RATE AUTHORITY FOR MOBILE H O M E LOANS 
S E C 208. Section 3(a) of the Act entitled "An Act to amend 
chapter 37 of title 38 of the United States Code with respect to the 
veterans' home loan program, to amend the National Housing Act 
with respect to interest rates on insured mortgages, and for other 
purposes", approved May 7, 1968, as amended (12 U.S.C. 1709-1), is 
amended by adding at the end thereof the following new sentence: 
"Notwithstanding the provisions of section 2(b) of the National 
Housing Act regarding the maximum interest rate which may be 
established for obligations with respect to which insurance is granted 
to financial institutions under section 2 of such Act, the Secretary 
of Housing and Urban Development is also authorized, until the 
date specified in the preceding sentence, to set the maximum interest 
rate for obligations with respect to which insurance is granted under 
such section, and which represent loans and advances of credit made 
for the purpose of financing purchases of mobile homes, at such 
level as he finds necessary to meet the loan market.". 
Approved December 31, 1973. 
January 2, 1974 
[S. J. Res.182] 
Public Law 93-235 
JOINT RESOLUTION 
Extending the datew for the transmission of the 1974 Economic Report and the 
report of the Joint Economic Committee. 
Economic report. 
Time extension. 
60 Stat. 24; 
70 Stat. 289. 
62 Stat. 16. 
Resolved hy the Senate and House of Representatives 
of the United 
/States of America in Congress assembled^ That (a) notwithstanding 
the provisions of section 3(a) of the Employment Act of 1946 (15 
U.S.C. 1022(a)), the President shall transmit the 1974 Economic 
Keport to the Congress not later than February 1, 1974, and (b) 
notwithstanding the provisions of clause (3) of section 5(b) of such 
Act (15 U.S.C. 1024(b)), the Joint Economic Committee shall file 
its report on the President's 1974 Economic Report with the Senate 
and the House of Representatives not later than March 13, 1974. 
Approved January 2, 1974.