An Act to provide for the promulgation of rules of practice and procedure under the Bankruptcy Act, and for other purposes
PL 88-623 (H.R.2859), enacted 10/03/1964

78 STAT. ] 
PUBLIC LAW 88-623-OCT. 3, 1964 
1001 
SEC. 5. All assets except buildings and all liabilities or other obliga-
tions which at the time of enactment of this Act are components of the 
working capital fund, Workhouse and Reformatory, as created by 
Public Law 493^ Seventy-ninth Congress, approved July 9, 1946 (60 
Stat. 514, ch. 544, sec. 1), shall be transferred to the fund created by 
the first section of this Act. 
SEC. 6. The paragraph beginning with the caption "WORKING CAPI-
TAL FUND" under the heading "ADULT CORRECTIONAL SERVICE" in the 
first section of the Act approved July 9, 1946 (60 Stat. 514, ch. 544), 
creating the working capital fund for the industrial enterprises at the 
Workhouse and Reformatory, and the proviso in the paragraph fol-
lowing the caption "OPERATING EXPENSES" under the heading "DEPART-
MENT OF CORRECTIONS" in the first section of the Act approved July 6, 
1952 (66 Stat. 380), authorizing the retention of not to exceed $50,000 
of accumulated profits in the working capital fund as additional work-
ing capital, are hereby repealed. 
SEC. 7. Nothing in this Act shall be construed so as to affect the 
authority vested m the Commissioners by Reorganization Plan Num-
bered 5 of 1952 (66 Stat. 824). The performance of any function 
vested by this Act in the Commissioners or in any office or agency under 
the jurisdiction and control of said Commissioners may be performed 
by the Commissioners or may be delegated by said Commissioners in 
accordance with section 3 of such plan. 
SEC. 8. This Act shall take effect July 1,1963. 
Approved October 3, 1964. 
Transfers to 
fund. 
D.C. Code 47-
131. 
Repeal. 
D.C. Code title 
1 app. 
Effective date. 
Public Law 88-623 
AN ACT 
To provide for the promulgation of rules of practice and procedure under the 
Bankruptcy Act, and for other purposes. 
October 3, 1964 
[H. R, 2859] 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled, That title 28 of the 
United States Code is amended by inserting in chapter 131 thereof 
immediately following section 2074 of that chapter a new section read-
ing as follows: 
"§2075. Bankruptcy rules 
"The Supreme Court shall have the power to prescribe by general 
rules, the forms of process, writs, pleadings, and motions, and the prac-
tice and procedure under the Bankruptcy Act. 
"Such rules shall not abridge, enlarge, or modify any substantive 
right. 
"Such rules shall not take effect until they have been reported to 
Congress by the Chief Justice at or after the beginning of a regular 
session thereof but not later than the first day of May and until 
the expiration of ninety days after they have been thus reported. 
"All laws in conflict with such rules shall be of no further force or 
effect after such rules have taken effect." 
SEC. 2. The analysis of chapter 131 of title 28 of the United States 
Code, immediately preceding section 2071 of that chapter, is amended 
by inserting therein immediately after item 2074 thereof a new item 
reading as follows: 
"2075. Bankruptcy rules." 
SEC. 3. Section 30 of the Bankruptcy Act is repealed but its repeal 
shall not operate to invalidate or repeal rules, forms, or orders pre-
scribed under the authority of that section by the Supreme Court 
prior to the enactment of this Act. 
Approved October 3, 1964. 
Bankruptcy Act. 
Rules of prac-
tice and procedure. 
28 u s e 2071-
2074. 
30 Stat. 544; 
52 Stat. 840. 
1 1 u s e 1 note. 
Repeal. 
30 Stat. 554.