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ACG-76-20 1 (1976-03-26)

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ASSISTANT COMPTROLLER GENERAL OF THE UNITED STATES
             WASHINGTON, D.C. 20548


March 26, 1976


B-115398


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Speaker of the House
President of the Senate


     This letter reports the release of $127.1 million
in impounded budget authority required to be made avail-
able for obligation by sections 1012(b) and 1013(b) of
the Impoundment Control Act of 1974.

     The President's ninth special message, dated
January 6, 1976, contained a proposed rescission (R76-28A)
of $62,670,000 in budget authority for the Department of
Housing and Urban Development, Community Planning and
Development, Rehabilitation Loan Fund. The Congress did
not concur with the rescission proposal and the 45 days
of continuous session ended on March 12, 1976. We have
confirmed that OMB apportioned the budget authority and
HUD has made it available for use.

     Five presidential messages reporting deferral of
budget authority were rejected by congressional action
as shown in the schedule on the following page.









                                               ACG-76-20


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