Pub. L. 87-793, pt. I, tit. II, sec. 201

Sec. 201. (a) Section 2302(c)(4) of title 39, United States Code, is amended by striking out “deemed to be attributable to the performance of public services under section 2303(b) of this title” and inserting in lieu thereof “determined under section 2303 of this title to be attributable to the performance of public services”. (b) Section 2303(a) of title 39, United States Code, is amended— (1) by amending the heading so as to read “§ 2303. Identification of public services and costs thereof”; (2) by striking out paragraph 1(A) and inserting in lieu thereof the following: “(A) reduced rates for certain publications as provided by section 4359 of this title;”; (3) by striking out paragraph 1(C) and inserting in lieu thereof the following: “(C) second class mailings at postage rates as provided by section 4358 of this title;”; and (4) by striking out paragraph (2) and inserting in lieu thereof the following: “(2) 10 per centum of tile gross cost of the operation of third-class post offices and the star route system, and 20 per centum of the gross cost of the operation of fourth-class post offices and rural routes.” (5) by adding at the end thereof the following new sentence: “The terms ‘total loss’ and ‘loss’ as used in this section mean the amounts by which the total allocated costs incurred by the postal establishment in the performance of the public services enumerated in this subsection exceed the total revenues received by the postal establishment for the performance of such public services.” (c) Section 2303(b) of title 39, United States Code, is amended to read as follows: “(b) The Postmaster General shall report to the Congress, on or before February 1 of each year beginning with the year 1963, the estimated amount of the losses or costs (or percentage of costs) specified in subsection (a) incurred by the postal establishment in the then current fiscal year in the performance of the public services enumerated in such subsection. The aggregate amount of the losses or costs (or percentage of costs) specified in subsection (a), incurred by the postal establishment in any fiscal year in the performance of such public services, shall be excluded from the total cost of operating the postal establishment for purposes of adjustment of postal rates and fees, including any adjustment pursuant to the provisions of section 207(b) of the Act of February 28, 1925, relating to reformation of classification (39 U.S.C., 1958 ed. 247).” 76 Stat. 837 (d) The table of contents of chapter 27 of title 39, United States Code, is amended by striking out “2303. Identification of and appropriations for public services.” and inserting in lieu thereof: “2303. Identification of public services and costs thereof.”.