The Secretary of the Treasury is authorized and directed to advise the Administrator of General Services and the Mayor of the District of Columbia of such interest rate which, in his opinion and in the aforesaid circumstances, would be available to the District of Columbia on July 1, 1940.
(July 1, 1940, 54 Stat. 706, ch. 494, § 2 .)
Prior Codifications
1981 Ed., § 9-213.
1973 Ed., § 9-214.
Transfer of Functions
The Federal Emergency Administration of Public Works was consolidated into the Federal Works Agency to be administered by the Public Works Administration by 1939 Reorganization Plan No. 1, §§ 301, 305, 4 F.R. 2729, 53 Stat. 1426. All functions of the Public Works Administration and the Commissioner of Public Works, in the Federal Works Agency, were transferred to the Federal Works Administrator by Executive Order No. 9357, June 30, 1943, 8 F.R. 9041. All functions of the Federal Works Agency and of all agencies thereof, together with all functions of the Federal Works Administrator, were transferred to the Administrator of General Services by § 103(a) of the Act of June 30, 1949, 63 Stat. 380, ch. 288. Both the Federal Works Agency and the Office of Federal Works Administrator were abolished by § 103(b) of the Act of June 30, 1949.
Change in Government
This section originated at a time when local government powers were delegated to a Board of Commissioners of the District of Columbia (see Acts Relating to the Establishment of the District of Columbia and its Various Forms of Governmental Organization in Volume 1). Section 401 of Reorganization Plan No. 3 of 1967 (see Reorganization Plans in Volume 1) transferred all of the functions of the Board of Commissioners under this section to a single Commissioner. The District of Columbia Self-Government and Governmental Reorganization Act, 87 Stat. 818, § 711 ( D.C. Code, § 1-207.11 ), abolished the District of Columbia Council and the Office of Commissioner of the District of Columbia. These branches of government were replaced by the Council of the District of Columbia and the Office of Mayor of the District of Columbia, respectively. Accordingly, and also pursuant to § 714(a) of such Act ( D.C. Code, § 1-207.14(a) ), appropriate changes in terminology were made in this section.