Amends the Canal Zone Code to provide a method for computing interest due on funds invested in the Panama Canal Company by the United States. Provides that no depreciation shall be allowed on the investment of the United States for lands, titles, treaty rights, and excavations.
Introduced in House
Introduced in House
Referred to House Committee on Merchant Marine and Fisheries.
Reported to House from the Committee on Merchant Marine and Fisheries with amendment, H. Rept. 94-1342.
Reported to House from the Committee on Merchant Marine and Fisheries with amendment, H. Rept. 94-1342.
Measure called up under motion to suspend rules and pass in House.
Measure considered in House.
Passed/agreed to in House: Measure passed House, amended, roll call #514 (271-132).
Roll Call #514 (House)Measure passed House, amended, roll call #514 (271-132).
Roll Call #514 (House)Referred to Senate Committee on Armed Services.
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