Pub. L. 88-205, pt. I, ch. 2, tit. ii, sec. 103

Sec. 103. Title II of chapter 2 of part I of the Foreign Assistance Act of 1961, as amended, which relates to development grants and technical cooperation, is amended as follows: (a) In section 212, which relates to authorization, strike out “1963” and “$300,000,000” and substitute “1964” and “$220,000,000”, respectively. (b) Amend section 214, which relates to American schools and hospitals abroad, as follows: (1) In subsection (a) strike out “use, in addition to other funds available for such puiqwses, funds made available for the purposes of section 211 for” and substitute the word “furnish”. (2) In subsection (b) strike out “to use” and “foreign currencies accruing to the United States Government under any Act, for purposes of subsection (a) of this section and for” and substitute “to furnish” before the word “assistance”. (3) Add the following new subsection: “(c) There is hereby authorized to be appropriated to the President for the purposes of this section, for the fiscal year 1964, $19,000,000, to remain available until expended. Of the sums authorized to be appropriated under this subsection, not to exceed $2,200,000 shall be available for direct dollar costs in carrying out subsection (b) and $4,700,000 shall be available solely for the purchase of foreign currencies accruing to the United States Government under any Act.”