macadeliccc/US-FederalLaws huggingface dataset:
An Act to postpone by 3 months the date on or before which the Securities and Exchange Commission shall report to the Congress the results of its study and investigation pursuant to section 19(d) of the Securities Exchange Act of 1934, and for other purposes
PL 87-561 (H.R.11670), enacted 07/27/1962

76 STAT. ] 
PUBLIC LAW 87-562-JULY 30, 1962 
247 
Public Law 87-560 
AN ACT 
July 27, 1962 
To waive section 142 of title 28, United States Code, with respect to the United 
[H. R. 10389] 
States District Court for the Eastern District of Texas, Marshall Division, 
holding court at Marshall, Texas. 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled,, That the limitations 
and restrictions contained in section 142 of title 28, United States 
Code, shall be waived with respect to the holding of court at Marshall, 
Texas, by the United States District Court for the Eastern District 
of Texas. 
Approved July 27, 1962. 
Texas. 
U. S. District 
Court. 
62 Stat. 898. 
Public Law 87-561 
AN ACT 
To postpone by three months the date on or before which the Securities and 
Exchange Commission shall report to the Congress the results of its study 
and investigation pursuant to section 19(d) of the Securities Exchange Act 
of 1934, and for other purposes. 
July 27,1962 
[H. R. 11670] 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled,, That the second SEC. 
sentence of subsection (d) of section 19 of the Securities Exchange ^^^^^^^ 
l^^f^ 
Act of 1934 (15 U.S.C. 78s(d)) is amended by striking out "January postponement.' 
3, 1963" and inserting "April 3, 1963" in lieu thereof. The last sen- 75'*|tf|^*46|^*' 
tence of such subsection is amended by striking out "$750,000" and 
inserting "$950,000" in lieu thereof. 
Approved July 27, 1962. 
Public Law 87-562 
AN ACT 
To create an additional judicial district for the State of Florida, to be known 
as the Middle District, and for other purposes. 
July 30, 1962 
[S. 1824] 
Be it enacted by the Senate and House of Representatives 
of the 
United States of America in Congress assembled,, That section 89 of 
title 28, United States Code, is amended to read as follows: 
"§89. Florida 
"Florida is divided into three judicial districts to be known as the 
Northern, Middle, and Southern Districts of Florida. 
Courts. 
Judicial district 
in Fla., addition-
al. 
« 
NORTHERN DISTRICT 
"(a) The Northern District comprises the counties of Alachua, Bay, 
Calhoun, Dixie, Escambia, Franklin, Gadsden, Gilchrist, Gulf, 
Holmes, Jackson, Jefferson, Lafayette, Leon, Levy, Liberty, Oka-
loosa, Santa Rosa, Taylor, Wakulla, Walton, and Washington. 
"Court for the Northern District shall be held at Gainesville, 
Marianna, Panama City, Pensacola, and Tallahassee.
An Act to liberalize the provisions of title 38, United States Code, relating to the assignment of national service life insurance
PL 87-557 (H.R.10669), enacted 07/27/1962

76 STAT.] 
PUBLIC LAW 87-557-JULY 27, 1962 
245 
Public Law 87-556 
AN ACT 
To amend section 3203(d) of title 38, United States (3ode, to provide that there 
shall be no reduction of pension otherwise payable during hospitalization of 
certain veterans with a wife or child. 
July 27, 1.962 
[H. R. 8282] 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled^ That section 3203 
veterans. 
(d) of title 38, United States Code, is amended (1) by inserting im- ho^pr/Jiizedl'"* 
mediately after "any veteran" the following: "having neither wife 
73 stat. 435. 
nor child", and (2) by striking out paragraph (2) and inserting in 
lieu thereof the following: 
"(2) The provisions of paragraph (1) shall also apply to a veteran 
being furnished such care who has a wife but whose pension is pay-
able under section 521(b) of this title. In such a case, the Admmis-
trator may apportion and pay to the wife, upon an affirmative show-
ing of hardship, all or any part of the amounts in excess of $30 per 
month which would be payable to the veteran while being furnished 
such care if pension were payable to him under section 521(c) of this 
title." 
SEC. 2. (a) The amendments made by this Act shall not apply to 
cases in which pension is payable pursuant to sections 9 (b) and (c) 
of the Veterans' Pension Act of 1959. 
38 use 521 note. 
(b) The amendments made by this Act shall take effect on the first 
Effective date. 
day of the first calendar month which begins more than thirty days 
after the date of enactment of this Act. 
Approved July 27, 1962. 
Public Law 87-557 
AN ACT 
To liberalize the provisions of title 38, United States Code, relating to 
assignment of national service life insurance. 
the 
July 27, 1962 
[H. R. 10669] 
Be it enacted hy tlie Senate and House of Re/pTesentatives of the 
United States of America in Congress assembled, That section 718 of 
title 38, Laiited States Code, is amended (1) by inserting " ( a ) " before 
the first sentence; (2) by adding "The provisions of this subsection 
shall not be applicable to insurance maturing on or after the date of 
enactment of this sentence.^' at the end of subsection (a); and (3) 
by adding the following new subsection: 
"(b) Except as to insurance granted under the provisions of section 
722(b) of this title, any person to whom insurance maturing on or 
after the date of enactment of this sentence is payable may assign all 
or any portion of his interest in such insurance to a widow, widower, 
child, father, mother, grandfather, grandmother, brother, or sister 
of the insured when the designated contingent beneficiary, if any, joins 
the beneficiary in the assignment. 
Such joinder shall not be required 
in any case in which the insurance proceeds are payable in a lump 
sum." 
Approved July 27, 1962. 
Veterans. 
National service 
life insurance. 
72 Stat. 1153.
An Act to waive section 142, of title 28, United States Code, with respect to the US District Court for the Eastern District of Tennessee holding court at Winchester, Tenn
PL 87-553 (H.R.10012), enacted 07/27/1962

222 
PUBLIC LAW 87-552-JULY 27., 1962 
[76 STAT. 
July 27, 1962 
[H. J. Res. 714] 
Public Law 87-552 
JOINT RESOLUTION 
Authorizing the acquisition of certain property in the District of Columbia and 
its conveyance to the International Monetary Fund, on a full reimbursement 
basis, for use in expansion of its headquarters. 
22 u s e 286 note. 
International 
Monetary Fund. 
Conveyance of 
certain property in 
D. C. 
AVhereas it is in the interest of the Government of the United States 
to promote international monetary cooperation; and 
Whereas in furtherance of that interest the United States, under 
authority of the Bretton Woods Agreements Act (59 Stat. 512, as 
amended), became an original member of the International Mone-
tary Fund (hereinafter referred to as the "Fund") which serves as 
a permanent institution providing the machinery for consultation 
and collaboration on international monetary problems; and 
A^Hiereas the principal office of the Fund nas been established in 
Washington, District of Columbia, in fulfillment of the require-
ments in the articles of agreement of the Fund that the site of its 
principal office shall be located in the territory of the member 
country having the largest quota in the Fund; and 
Whereas the present principal office of the Fund has become inadequate 
as the result of the increased membership and activities of the 
Fund;and 
Whereas it is to the advantage of the Government of the United 
States to assist the Fund to accjuire, with the resources of the Fund, 
an adjacent site for the expansion of the Fund's headquarters: Now, 
therefore, be it 
Resolved hy the Sencute and House of Representatives 
of the United 
States of America in Congress assembled^ That the Administrator of 
General Services is hereby authorized, on the basis of full reimburse-
ment by the International Monetary Fund, (1) to acquire, by purchase, 
condemnation, or otherwise, the land in the northwest section of the 
District of Columbia known as lots I and K in square 141, together 
with any buildings and improvements thereon, and (2) to convey the 
property so acquired to the International Monetary Fund for use in 
expanding the principal office of the Fund. 
Approved July 27, 1962. 
July 27, 1962 
[H. R. 10012] 
Public Law 87-553 
/ 
AN ACT 
To waive section 142, of title 28, United States Code, with respect to the United 
States District Court for the Eastern District of Tennessee holding court at: 
Winchester, Tennessee. 
Tennessee. 
U. S. District 
Court. 
62 Stat. 898. 
Be it enacted hy the Senate and House of Representatives 
of the, 
United States of America in Congress assemhled^ That the limitations 
and restrictions contained in section 142, title 28, of the United States 
Code, shall be waived insofar as pertains to holding court by the 
United States District Court for the Eastern District of Tennessee 
at Winchester, Tennessee. 
Approved July 27, 1962.
An Act to amend section 3203(d) of title 38, United States Code, to provide that there shall be no reduction of pension otherwise payable during hospitalization of certain veterans with a wife or child
PL 87-556 (H.R.8282), enacted 07/27/1962

76 STAT.] 
PUBLIC LAW 87-557-JULY 27, 1962 
245 
Public Law 87-556 
AN ACT 
To amend section 3203(d) of title 38, United States (3ode, to provide that there 
shall be no reduction of pension otherwise payable during hospitalization of 
certain veterans with a wife or child. 
July 27, 1.962 
[H. R. 8282] 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled^ That section 3203 
veterans. 
(d) of title 38, United States Code, is amended (1) by inserting im- ho^pr/Jiizedl'"* 
mediately after "any veteran" the following: "having neither wife 
73 stat. 435. 
nor child", and (2) by striking out paragraph (2) and inserting in 
lieu thereof the following: 
"(2) The provisions of paragraph (1) shall also apply to a veteran 
being furnished such care who has a wife but whose pension is pay-
able under section 521(b) of this title. In such a case, the Admmis-
trator may apportion and pay to the wife, upon an affirmative show-
ing of hardship, all or any part of the amounts in excess of $30 per 
month which would be payable to the veteran while being furnished 
such care if pension were payable to him under section 521(c) of this 
title." 
SEC. 2. (a) The amendments made by this Act shall not apply to 
cases in which pension is payable pursuant to sections 9 (b) and (c) 
of the Veterans' Pension Act of 1959. 
38 use 521 note. 
(b) The amendments made by this Act shall take effect on the first 
Effective date. 
day of the first calendar month which begins more than thirty days 
after the date of enactment of this Act. 
Approved July 27, 1962. 
Public Law 87-557 
AN ACT 
To liberalize the provisions of title 38, United States Code, relating to 
assignment of national service life insurance. 
the 
July 27, 1962 
[H. R. 10669] 
Be it enacted hy tlie Senate and House of Re/pTesentatives of the 
United States of America in Congress assembled, That section 718 of 
title 38, Laiited States Code, is amended (1) by inserting " ( a ) " before 
the first sentence; (2) by adding "The provisions of this subsection 
shall not be applicable to insurance maturing on or after the date of 
enactment of this sentence.^' at the end of subsection (a); and (3) 
by adding the following new subsection: 
"(b) Except as to insurance granted under the provisions of section 
722(b) of this title, any person to whom insurance maturing on or 
after the date of enactment of this sentence is payable may assign all 
or any portion of his interest in such insurance to a widow, widower, 
child, father, mother, grandfather, grandmother, brother, or sister 
of the insured when the designated contingent beneficiary, if any, joins 
the beneficiary in the assignment. 
Such joinder shall not be required 
in any case in which the insurance proceeds are payable in a lump 
sum." 
Approved July 27, 1962. 
Veterans. 
National service 
life insurance. 
72 Stat. 1153.
An Act to provide for the establishment and administration of basic public recreation facilities at the Elephant Butte and Caballo Reservoir areas. New Mexico, and for other purposes
PL 87-542 (S.46), enacted 07/25/1962

76 STAT. ] 
PUBLIC LAW 87-542-JULY 25,1962 
171 
Public Law 87-541 
AN ACT 
July 19, 1962 
To amend the Act of June 30, 1954, providing for a continuance of civil govern- 
[s. 2775] 
ment for the Trust Territory of the Pacific Islands. 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress a:sserribled^ That the appropria- 
Trust xerdtory 
tion authorization in section 2 of the Act of June 30, 1954 (68 Stat. lilndf ^*'*"'' 
330), is hereby amended by increasing it from $7,500,000 to $17,500,000: 
48 use leis i 
Provided^ That not more than $15,000,000 is authorized to be appro- "° *
* 
priated for the fiscal year 1963. 
Approved July 19, 1962. 
Public Law 87-542 
AN ACT 
July 25, 1
.
9
6
2 
To provide for the establishment and administration of basic public recreation 
^ '^^^ 
facilities at the Elephant Butte and Caballo Reservoir areas. New Mexico, 
and for other purposes. 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled^ That the Secretary 
Elephant isutte 
of the Interior is authorized and directed to investigate, plan, con- ^oS^a-^as,^*'" 
struct, operate, and maintain basic recreation facilities at Elephant N. Mex. 
Butte and Caballo Reservoirs, Rio Grande Federal reclamation proj- faciifties. *
*
" 
ect, New Mexico (including access roads and facilities for the safety, 
health, and protection of the visiting public), and to provide for the 
public use and enjoyment of such recreation facilities and the w^ater 
areas of such reservoirs in such manner as is consistent with the pri-
mary purpose of such project. 
The cost of such recreation facilities 
shall be nonreimbursable and nonreturnable. 
SEC. 2. The construction of recreation facilities at or near Elephant 
water use, 
Butte and Caballo Reservoirs, as herein authorized, shall not provide '^striction. 
in any manner whatsoever a basis for the allocation of water for 
recreation use or for the allocation of reservoir capacity for recrea-
tion use; and the priority for irrigation use of water stored in Ele-
phant Butte and Caballo Reservoirs and the priority of use for irriga-
tion purposes of the capacities of such reservoirs shall not be affected 
in any manner by the provision for recreation facilities as authorized 
herein. 
SEO. 3. The Secretary of the Interior may issue such rules and regu- 
Rules and regu-
lations as are necessary to carry out the provisions of this Act and may ^^"''"s* 
enter into an agreement with the State of New Mexico, or a political 
subdivision thereof, for the administration, operation, and mainte-
nance of the facilities herein authorized. 
SEC. 4. There are authorized to be appropriated such amounts, but no 
Appropriation. 
more than $607,000, as may be necessary to carry out the provisions of 
this Act. 
Approved July 25, 1962.
Joint resolution providing for the designation of the week commencing October 14, 1962, as ""National Public Works Week"".
PL 87-538 (S.J.Res.68), enacted 07/18/1962

168 
PUBLIC LAW 87-537-JULY 18, 1962 
[76 STAT. 
July 18, 1962 
[H. R. 4330] 
Armed Forces. 
Retirement p ay. 
59 Stat. 539. 
Public Law 87-537 
AN ACT 
To provide uniform computation of retired pay for enlisted members retired prior 
to June 1, 1958, under section 4 of the Armed Forces Voluntary Recruitment 
Act of 1945, as amended by section 6(a) of the Act of August 10, 1946 (60 
Stat. 995). 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled^ That members re-
tired prior to June 1,1958, pursuant to section 4 of the Armed Forces 
Voluntary Recruitment Act of 1945, as amended by section 6(a) of 
the Act of August 10, 1946 (60 Stat. 995), are authorized to include 
active service performed to the date of retirement as creditable service 
in the computation of basic pay upon which retired pay is based. 
Approved July 18, 1962. 
July 18, 1962 
[S. J. Res. 68] 
Public Law 87-538 
JOINT RESOLUTION 
Providing for the designation of the week commencing October 14, 1962, as 
"Nati(mal Public Works Week". 
National Public 
Works Week. 
Whereas public works facilities and services are of vital importance 
to the health and well-being of the people of this Nation, and 
Whereas the members of Federal, State, and local units of govern-
ment are responsible for and must design, build, operate and main-
tain the high -ay, water supply, sewage and refuse disposal sys-
tems, public buildings and other structures and facilities essential 
to serve the citizens of our country, and 
Whereas such facilities and services could not be provided without 
the dedicated efforts of the public works engineers and administra-
tors of this Nation, and 
Whereas the ability of governmental agencies to attract and retain 
competent persons to provide said facilities and services in the 
most eflGicient manner possible, is materially influenced by the 
people's attitude toward their public servants, and 
Whereas it is in the public interest for the citizens and civic leaders 
of this country to become better acquainted with the public works 
needs and programs of their respective communities: Therefore 
belt 
Resolved hy the Senate and House of Representatives 
of the United 
States 
of America 
in Congress assemhled^ That the President is 
authorized and requested to issue a proclamation designating the 
seven-day period commencing October 14, 1962, as "National Public 
Works Week", and calling upon the people of the United States to 
celebrate such week with activities and ceremonies paying tribute to 
the public works engineers and administrators of the Nation and the 
important work which they perform. 
. 
Approved July 18, 1962.
An Act to amend the act of June 30, 1954, providing for a continuance of civil government for ""the Trust Territory of the Pacific Islands.""
PL 87-541 (S.2775), enacted 07/19/1962

76 STAT. ] 
PUBLIC LAW 87-542-JULY 25,1962 
171 
Public Law 87-541 
AN ACT 
July 19, 1962 
To amend the Act of June 30, 1954, providing for a continuance of civil govern- 
[s. 2775] 
ment for the Trust Territory of the Pacific Islands. 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress a:sserribled^ That the appropria- 
Trust xerdtory 
tion authorization in section 2 of the Act of June 30, 1954 (68 Stat. lilndf ^*'*"'' 
330), is hereby amended by increasing it from $7,500,000 to $17,500,000: 
48 use leis i 
Provided^ That not more than $15,000,000 is authorized to be appro- "° *
* 
priated for the fiscal year 1963. 
Approved July 19, 1962. 
Public Law 87-542 
AN ACT 
July 25, 1
.
9
6
2 
To provide for the establishment and administration of basic public recreation 
^ '^^^ 
facilities at the Elephant Butte and Caballo Reservoir areas. New Mexico, 
and for other purposes. 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled^ That the Secretary 
Elephant isutte 
of the Interior is authorized and directed to investigate, plan, con- ^oS^a-^as,^*'" 
struct, operate, and maintain basic recreation facilities at Elephant N. Mex. 
Butte and Caballo Reservoirs, Rio Grande Federal reclamation proj- faciifties. *
*
" 
ect, New Mexico (including access roads and facilities for the safety, 
health, and protection of the visiting public), and to provide for the 
public use and enjoyment of such recreation facilities and the w^ater 
areas of such reservoirs in such manner as is consistent with the pri-
mary purpose of such project. 
The cost of such recreation facilities 
shall be nonreimbursable and nonreturnable. 
SEC. 2. The construction of recreation facilities at or near Elephant 
water use, 
Butte and Caballo Reservoirs, as herein authorized, shall not provide '^striction. 
in any manner whatsoever a basis for the allocation of water for 
recreation use or for the allocation of reservoir capacity for recrea-
tion use; and the priority for irrigation use of water stored in Ele-
phant Butte and Caballo Reservoirs and the priority of use for irriga-
tion purposes of the capacities of such reservoirs shall not be affected 
in any manner by the provision for recreation facilities as authorized 
herein. 
SEO. 3. The Secretary of the Interior may issue such rules and regu- 
Rules and regu-
lations as are necessary to carry out the provisions of this Act and may ^^"''"s* 
enter into an agreement with the State of New Mexico, or a political 
subdivision thereof, for the administration, operation, and mainte-
nance of the facilities herein authorized. 
SEC. 4. There are authorized to be appropriated such amounts, but no 
Appropriation. 
more than $607,000, as may be necessary to carry out the provisions of 
this Act. 
Approved July 25, 1962.
An Act to provide uniform computation of retired pay for enlisted members retired prior to June 1, 1958, under section 4 of the Armed Forces Voluntary Recruitment Act of 1945, as amended by section 6(a) of the act of August 10, 1946 (60 Stat 995)
PL 87-537 (H.R.4330), enacted 07/18/1962

168 
PUBLIC LAW 87-537-JULY 18, 1962 
[76 STAT. 
July 18, 1962 
[H. R. 4330] 
Armed Forces. 
Retirement p ay. 
59 Stat. 539. 
Public Law 87-537 
AN ACT 
To provide uniform computation of retired pay for enlisted members retired prior 
to June 1, 1958, under section 4 of the Armed Forces Voluntary Recruitment 
Act of 1945, as amended by section 6(a) of the Act of August 10, 1946 (60 
Stat. 995). 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled^ That members re-
tired prior to June 1,1958, pursuant to section 4 of the Armed Forces 
Voluntary Recruitment Act of 1945, as amended by section 6(a) of 
the Act of August 10, 1946 (60 Stat. 995), are authorized to include 
active service performed to the date of retirement as creditable service 
in the computation of basic pay upon which retired pay is based. 
Approved July 18, 1962. 
July 18, 1962 
[S. J. Res. 68] 
Public Law 87-538 
JOINT RESOLUTION 
Providing for the designation of the week commencing October 14, 1962, as 
"Nati(mal Public Works Week". 
National Public 
Works Week. 
Whereas public works facilities and services are of vital importance 
to the health and well-being of the people of this Nation, and 
Whereas the members of Federal, State, and local units of govern-
ment are responsible for and must design, build, operate and main-
tain the high -ay, water supply, sewage and refuse disposal sys-
tems, public buildings and other structures and facilities essential 
to serve the citizens of our country, and 
Whereas such facilities and services could not be provided without 
the dedicated efforts of the public works engineers and administra-
tors of this Nation, and 
Whereas the ability of governmental agencies to attract and retain 
competent persons to provide said facilities and services in the 
most eflGicient manner possible, is materially influenced by the 
people's attitude toward their public servants, and 
Whereas it is in the public interest for the citizens and civic leaders 
of this country to become better acquainted with the public works 
needs and programs of their respective communities: Therefore 
belt 
Resolved hy the Senate and House of Representatives 
of the United 
States 
of America 
in Congress assemhled^ That the President is 
authorized and requested to issue a proclamation designating the 
seven-day period commencing October 14, 1962, as "National Public 
Works Week", and calling upon the people of the United States to 
celebrate such week with activities and ceremonies paying tribute to 
the public works engineers and administrators of the Nation and the 
important work which they perform. 
. 
Approved July 18, 1962.