A bill to authorize the foreign sale of the passenger vessel S.S. Independence.
PL 93-330 (H.R.8586), enacted 06/30/1974

288 
PUBLIC LAW 93-329-JUNE 30, 1974 
[88 STAT. 
39 u s e 3626 
note. 
Annual budget. 
39 u s e 2401. 
kind, to the rates that would have been in effect for such mail 
if this subparagraph had not been enacted." 
SEC. 2. Nothing in section 1 of this Act shall be construed to authorize 
a reduction in any rate of postage in effect and being paid on the date 
of enactment of this Act. 
SEC. 3. Section 2009 of title 39, United States Code, is amended by 
adding at the end thereof the following: "The budget program shall 
also include separate statements of the amounts which the Postal Serv-
ice requests to be appropriated under subsections (b) and (c) of sec-
tion 2401 of this title. The President shall include these amounts, 
with his recommendations but without revision, in the budget trans-
mitted to Congress under section 11 of title 31.". 
Approved June 30, 1974. 
June 30, 1974 
[H. R.14833] 
Renegotiation 
Act of 1951, ex-
tension. 
Unemployment 
compensation. 
Ante, 
p. 53. 
Public Law 93-329 
AN ACT 
To extend the Renegotiation Act of 1951 for eigliteen months. 
Be it enacted by the Senate and House of Representatives 
of the 
United States of America in Congress assemhled^ That section 102 
(c) (1) of the Renegotiation Act of 1951 (50 U.S.C. App., sec. 1212(c) 
(1)) is amended by striking out "June 30, 1974" and inserting in lieu 
thereof "December 31,1975". 
SEC. 2. The last sentence of section 203(e) (2) of the Federal-State 
Extended Unemployment Compensation Act of 1970 is amended by 
striking out "July i, 1974" and inserting in lieu thereof "August 1, 
1974". 
Approved June 30, 1974. 
June 30, 1974 
[H. R. 8586] 
Public Law 93-330 
AN ACT 
To authorize tlie foreign sale of the passenger vessel steamship Independence. 
SS 
Independ-
ence. 
Foreign sale. 
Approval con-
ditions . 
Be It enacted hy the Senate and House of Representatives 
of the 
United States of ATnerica in Congress assembled, That, notwithstand-
ing any other provision of law or of prior contract with the United 
States, the laid-up passenger vessel steamship Independence may be 
sold and transferred to foreign ownership, registry, and flag, with 
the prior approval of the Secretary of Commerce. Such approval shall 
require (1) approval of the purchaser; (2) payment of existing debt 
and private obligations related to the vessel; (3) approval of the price, 
including terms of payment, for the sale of the vessel; (4) the seller 
to enter into an agreement with the Secretary whereby an amount 
equal to the net proceeds received from such sale in excess of existing 
obligations and expenses incident to the sale shall within a reasonable 
period be deposited in its capital construction fund or capital reserve 
fund; and (5) the purchaser to enter into an agreement with the 
Secretary, binding upon such purchaser and any later owner of the 
vessel and running with title to the vessel, that (a) the vessel will not 
carry passengers or cargo in competition, as determined by the Sec-
retary, with any United States-flag passenger vessel for a period of 
88 STAT. ] 
PUBLIC LAW 93-332-JULY 8, 1974 
289 
two years from the date the transferred vessel goes into operation; 
(b) the vessel will be made available to the United States in time of 
emergency and just compensation for title or use, as the case may be, 
shall be paid in accordance with section 902 of the Merchant Marine 
Act, 1936, as amended (46 U.S.C. 1242) ; (c) the purchaser will com-
ply with such further conditions as the Secretary may impose as 
authorized by sections 9, 37, and 41 of the Shipping Act, 1916, as 
amended (46 U.S.C. 808, 835, and 839); and (d) the purchaser will 
Surety bond. 
furnish a surety bond in an amount and with a surety satisfactory to 
the Secretary to secure performance of the foregoing agreements. 
In addition to any other provision such agreement may contain for 
Agreement en-
enforcement of (4) and (5) above, the agreement therein required 
may be specifically enforced by decree for specific performance or 
injunction in any district court of the United States. In the agreement 
with the Secretary, the purchaser shall irrevocably appoint a corporate 
agent within the United States for services or process upon such 
l^urchaser in any action to enforce the agreement. 
Approved June 30, 1974. 
Public Law 93-331 
JOINT RESOLUTION 
juiy 4, 1974 
To extend by thirty days the expiration date of the Export-Import Bank Act 
[S- J. Res. 218] 
of 1945. 
Resolved hy the Senate and House of Representatives 
of the United 
States of America in Congress assembled, That section 8 of the Export-
Import Bank Act of 1945 is amended by striking out "June 30" and 
^2 use easf. 
inserting in lieu thereof "July 30". 
Approved July 4, 1974. 
Public Law 93-332 
AN ACT 
July 8, 1974 
To amend the Arms Control and Disarmament Act, as amended, in order to extend 
LH.R. 12799] 
the authorization for appropriations, and for other purposes. 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress oMsemMed, That (a) section 
Arms control 
41 (d) of the Arms Control and Disarmament Act (22 U.S.C. 2581 (d)) ^cl'imendm'ms. 
is amended by 
(1) deleting "as authorized by section 15 of the Act of August 2, 
1946 (5 U.S.C. 55a), at rates not to exceed $100 per diem for indi-
viduals," and substituting therefor "as authorized by section 3109 
of title 5 of the United States Code,"; 
(2) deleting "section 5 of said Act, as amended (5 U.S.C. 
73b-2)" and substituting therefor "section 5703 of such title"; and 
(3) deleting from the first proviso thereof "one hundred days" 
and substituting therefor "130 days". 
(b) Section 49(a) of such Act (22 U.S.C. 2589(a)) is amended 
by inserting in the second sentence thereof immediately 
after 
"$22,000,000," the following: "and for the fiscal year 1975, the sum of 
$10,100,000,". 
Approved July 8, 1974.