§403 Appropriation to Railroad Unemployment Insurance Account; Transfer and Repayment of Funds; Interest

of 1963 Amendment Pub. L. 88–133, title III, § 303(c), Oct. 5, 1963, 77 Stat. 222, provided that the amendment made by such section 303(c) is effective with respect to contributions collected on compensation paid after Dec. 31, 1963. Repayment by Account of Advances From General Fund of Treasury From Contributions Collected on Compensation Paid After

December 31, 1963 Pub. L. 88–133, title III, § 303(b), Oct. 5, 1963, 77 Stat. 222, provided that: “Effective with respect to contributions collected by the Railroad Retirement Board pursuant to section 8(f) of the Railroad Unemployment Insurance Act [section 358(f) of this title] on compensation paid after

December 31, 1963, that part of such contributions equal to one-fourth of 1 per centum of the compensation on which such contributions are based shall, notwithstanding the provisions of section 10(b) of such Act [section 360(b) of this title], be applied by the Board exclusively for transfers from the railroad unemployment insurance account to the general fund of the Treasury until the full amount advanced from the general fund of the Treasury to the railroad unemployment insurance account pursuant to section 4 of the Temporary Extended Railroad Unemployment Insurance Benefits Act of 1961 [this section] has been repaid.”