deleting requirement that certain contributions be deducted

deleting requirement that certain contributions be deducted Sec. 204. (a) (1) Paragraph (3) of section 2(a) of the Act of September 30, 1950 (Public Law 874. Eighty-first Congress), is amended by striking out “(A) other Federal payments with respect to the property so acquired, or (B)”. (2) Section 2(a) of such Act is further amended by striking out in the matter following paragraph (3) of such section the following: “, to the extent such agency is not compensated for such burden by other Federal payments with respect to the property so acquired”. (b) The last sentence of section 2(a) of such Act is amended by striking out “, minus the amount which in his judgment the local educational agency derived from other Federal payments with respect to the property so acquired and had available in such year for current expenditures”. (c) Subsection (b) of section 2 of such Act is amended to read as follows: “(b) For the purposes of this section any real property with respect to which payments are being made under section 13 of the Tennessee Valley Authority Act of 1933, as amended, shall not be regarded as Federal property.” (d) Section 3 of such Act is amended by striking out subsection (e) thereof, including the heading of such subsection, and by redesignating subsection (f) of such section as subsection (e).