An Act to waive section 142, title 28, United States Code, with respect to the United States District Court for the District of Connecticut for holding court at Bridgeport
PL 87-551 (H.R.9844), enacted 07/25/1962

76 STAT. ] 
PUBUC LAW 87-551-JULY 27, 1962 
221 
(b) It is the sense of the Congress that the regular business loan 
program of the Small Business Administration should be reviewed 
by the Congress at least once every two years. It is further the sense 
of the Congress that the Small Business Administration should sub-
mit its estimated needs for additional authorization for such program 
to the Congress at least one year in advance of the date on which 
such authorization is to be provided, in order to assure an orderly 
and recurring review of such program and to avoid emergency ap-
peals for additional authorization. Compliance by the Small Busi-
ness Administration with the foregoing policy will enable the 
Congress hereafter to provide additional authorization for such pro-
gram on a two-year basis. 
SEC. 2. (a) The Small Business Administration is empowered to 
make loans (either directly or in cooperation with banks or other 
lenders through agreements to participate on an immediate or de-
ferred basis) to assist any firm to adjust to changed economic condi-
tions resulting from increased competition from imported articles, 
but only if (1) an adjustment proposal of such firm has been certified 
by the Secretary of Commerce pursuant to the Trade Expansion Act 
of 1962, (2) the Secretary has referred such proposal to the Admin-
istration under that Act and the loan would provide part or all of the 
financial assistance necessary to carry out such proposal, and (3) the 
Secretary's certification is m force at the time the Administration 
makes the loan.. 
(b) The Small Business Administration's authority to make loans 
under this section shall be in addition to and separate from its author-
ity to make loans under the Small Business Act. With respect to 
loans made under this section the Administration shall apply the pro-
visions of sections 314, 315, 316, 318, 319, and 320 of the Trade Ex-
pansion Act of 1962 as though such loans had been made under section 
314 of that Act. 
(c) There are hereby authorized to be appropriated, without fiscal 
year limitation, such sums as may be necessary to carry out this 
section. 
(d) This section shall take effect on such date (on or after the en-
actment of the Trade Expansion Act of 1962) as the President may 
specify in a proclamation duly published in the Federal Register 
but in no case later than 60 days after the date of the enactment of 
such Act. 
Approved July 25, 1962. 
Review by Con-
gress. 
15 u s e 631 note. 
Effective date. 
Proclamation, 
publication in 
F. R. 
Public Law 87-551 
AN ACT 
To waive section 142, title 28, United States Code, with respect to tiie United 
States District Court for the District of Connecticut for holding court at 
Bridgeport. 
Juljr27, 1962 
[H. R. 9844] 
Be it enacted hy the Seriate and House of Representatives 
of the 
United States of America in Congress assembled^ That the limitations 
and restrictions contained in section 142, title 28, United States Code, 
shall be waived with respect to the holding of court at Bridgeport, 
Connecticut, by the United States District Court for the District of 
Connecticut. 
Approved July 27, 1962. 
Connecticut. 
U. S. District 
Court. 
62 Stat. 898.