Chapter 169. to authorize the establishment of a Bureau of War-Risk Insurance in the Treasury Department,” approved September second, nineteen hundred and fourteen
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CHAP. 169.— AN ACT To amend an Act entitled “An Act to authorize the establishment of a Bureau of War-Risk Insurance in the Treasury Department,” approved September second, nineteen hundred and fourteen. March 3, 1917.[[H. R. 20082](/us/bill/64/hr/20082).][[Public, No. 387](/us/pl/64/387).] *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,* That section nine of an Act War Risk Insurance.Time for suspension still further extended.*Ante,* p. 514.establishing a Bureau of War-Risk Insurance, approved September second, nineteen hundred and fourteen, as amended by the Act of August eleventh, nineteen hundred and sixteen, be, and is hereby, amended so as to require the suspension of the operations of the Act Vol. 38, p. 712.within four years from the date said Act of September second, nineteen hundred and fourteen, was approved.
Sec. 2. That section seven of the Act of September second, nineteen Appropriation for paying losses increased. Vol. 38, p. 712, amended.hundred and fourteen, be, and is hereby, amended to read as follows: "“That for the purpose of paying losses accruing under the provisions of this Act there is hereby appropriated, out of any money in the Treasury of the United States not otherwise appropriated, the sum of $15,000,000.”" Sec. 3. That all moneys received from premiums and from salvage Premium and salvage credited for payment of losses.shall be covered into the Treasury to the credit of the appropriation made for the payment of losses and be available for the purposes thereof.
Approved, March 3, 1917.