An Act to authorize the sale, without regard to the 6 month waiting period prescribed, of cadmium proposed to be disposed of pursuant to the Strategic and Critical Materials Stock Piling Act.
PL 88-8 (S.1089), enacted 04/09/1963

PUBLIC LAW 88-8-APR. 9, 1963 
[77 STAT. 
National Har-
mony Week. 
Designation. 
Proclamation 
authorization. 
shop quartet style of close harmony singing, will celebrate the 
twenty-fifth anniversary of its founding during the six-day period 
beginning April 15,1963: Now, therefore, be it 
Resolved hy the Senate and House of Representatives 
of the United 
States of America in Congress assembled, That the six-day period 
beginning April 15,1963, and ending April 20,1963, both dates inclu-
sive, is hereby designated as "National Harmony Week", in recogni-
tion and appreciation of the successful efforts of the members of the 
Society for the Preservation and Encouragement of Barber Shop 
Quartet Singing in America, Incorporated, to maintain the barber-
shop quartet style of close harmony singing as a traditional form of 
native American music, and of their efforts, through their stimulus 
to good music and vocal harmony, to keep America singing. 
The 
President of the United States is authorized and requested to issue a 
proclamation inviting the people of the United States to join in the 
observance of such week with appropriate ceremonies and activities. 
Approved April 9, 1963. 
Public Law 88-8 
April 9, 1963 
[S. 1089] 
Cadmium dis-
posal. 
60 Stat. 596, 
597. 
.50 u s e 98b, 
98 a. 
Publication in 
F. R. 
AN ACT 
To authorize the sale, without regard to the six-month waiting period prescribed, 
of cadmium proposed to be disponed of pursuant to the Strategic and Critical 
Materials Stock Piling Act. 
Be it enacted by the Senate and House of Representatives 
of the 
United States of America in Congress assembled, That the Adminis-
trator of General Services is hereby authorized to dispose of, by 
negotiation or otherwise,^ approximately two million pounds of 
cadmium now held in the national stockpile. Such disposition may 
be made without regard to the provisions of section 3 of the Strategic 
and Critical Materials Stock Piling Act, relating to dispositions on the 
basis of a revised determination pursuant to section 2 of said Act, to 
the effect that no such disposition shall be made until six months after 
publication in the Federal Register and transmission to the Congress 
and to the Armed Services Committees thereof of a notice of the 
proposed disposition. 
Approved April 9, 1963. 
April 10, 1963 
"[H. R. 1597] 
Taxes. 
Redeemable 
ground rents. 
68A Stat. 46. 
26 u s e 163. 
Public Law 88-9 
AN ACT 
Relating to the tax treatment of redeemable ground rents. 
Be it enacted by the Senate and House of Representatives 
of the 
United States of America in Congress assembled, That (a) section 
163 of the Internal Revenue Code of 1954 (relating to deduction for 
interest) is amended by redesignating subsection (c) as subsection (d) 
and by inserting after subsection (b) the following new subsection: 
"(c) REDEEMABLE GROUND RENTS.—For purposes of this subtitle, 
any annual or periodic rental under a redeemable ground rent (exclud-
ing amounts in redemption thereof) shall be treated as interest on an 
indebtedness secured by a mortgage."