An Act to continue the authority of domestic banks to pay interest on time deposits for foreign governments at rates differing from those applicable to domestic depositors
PL 89-79 (H.R.5306), enacted 07/21/1965

244 
PUBLIC LAW 89-79-JULY 21, 1965 
[79 STAT. 
July 21, 1965 
[H. R. 5306] 
Public Law 89-79 
AN ACT 
To continue the authority of domestic banks to pay interest on time deposits 
of foreign governments at rates differing from those applicable to domestic 
depositors. 
Banks. 
Time deposits. 
49 Stat. 715; 
76 Stat. 953. 
64 Stat. 893; 
76 Stat. 953. 
Be it enacted by the Senate and House of Representatives 
of the 
United States of America in Congress assembled, That the last sentence 
of the fourteenth paragraph (12 U.S.C. 37lb) of section 19 of the 
Federal Reserve Act is amended by changing "the elffective date of 
this sentence and ending upon the expiration of three years after such 
date," to read "October 15, 1962, and ending on October 15, 1968,". 
SEC. 2. The last sentence of section 18(g) of the Federal Deposit 
Insurance Act (12 U.S.C. 1828(g)) is amended by changing "the 
effective date of this sentence and ending upon the expiration of three 
years after such date," to read "October 15,1962, and ending on Octo-
ber 15,1968,". 
Approved July 21, 1965. 
July 22, 1965 
[S. 21] 
Public Law 89-80 
AN ACT 
To provide for the optimum development of the Nation's natural resources 
through the coordinated planning of water and related land resources, through 
the establishment of a water resources council and river basin commissions, 
and by providing financial assistance to the States in order to increase State 
participation in such planning. 
Water Resources 
Planning Act. 
Be it enacted by the Senate and House of Representatives 
of the 
United States of America in Congress assembled^ 
SHORT TITLE 
SECTION 1. This Act may be cited as the "Water Resources Planning 
Act". 
STATEMENT OF POLICY 
SEC, 2. In order to meet the rapidly expanding demands for water 
throughout the Nation, it is hereby declared to be the policy of 
the Congress to encourage the conservation, development, and utiliza-
tion of water and related land resources of the United States on a com-
prehensive and coordinated basis by the Federal Government, States, 
localities, and private enterprise with the cooperation of all affected 
Federal agencies, States, local governments, individuals, corporations, 
business enterprises, and others concerned. 
Federal or state 
jurisdiction. 
Federal offi-
cials. 
EFFECT ON EXISTING LAWS 
SEC. 3. Nothing in this Act shall be construed— 
(a) to expand or diminish either Federal or State jurisdiction, 
responsibility, or rights in the field of water resources planning, 
development, or control; nor to displace, supersede, limit or 
modify any interstate compact or the jurisdiction or responsibility 
of any legally established joint or common agency of two or more 
States, or of two or more States and the Federal Government; nor 
to limit the authority of Congress to authorize and fund projects; 
(b) to change or otherwise affect the authority or responsibility 
of any Federal official in the discharge of the duties of his office 
except as required to carry out the provisions of this Act with 
respect to the preparation and review of comprehensive regional