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Show 446 Federal aid to state programs has been rendered in a variety of ways. Thus, grants-in-aid or loans are used to help states carry out development programs.249 Bonds of states and local public agencies are exempted from federal income taxation.250 Public land and rights-of-way have frequently been granted to states and local agencies.251 Moreover, state and local public Cooperation with states in forest pest control; Secretary of Agriculture may require state contributions. Act of June 25, 1947, 61 Stat. 177, 16 U. S. C. 594-1 et seq. (Supp. III). Federal cooperation with states in fish restoration projects. Act of August 9, 1950, 64 Stat. 430. Cooperation with states in services to private forests. Act of August 25, 1950, 64 Stat. 473, repealing Act of May 18, 1937, 50 Stat. 188, 16 U. S. C. 568b. 249 For example: Federal aid to highways, Act of November 9,1921, 42 Stat. 212, as amended, 23 U. S. C. 1 et seq. (Supp. III). Tennessee Valley Authority may extend credit to states and municipalities to assist in operation of power facilities. Act of August 31, 1935, § 7, 49 Stat. 1075, 1076, 16 U. S. C. 831k-l. Federal aid to state wildlife and fish restoration programs. Act of Sep- tember 2, 1937, 50 Stat. 917, as amended, 16 U. S. C. 669 et seq., Act of August 9, 1950, 64 Stat. 430. Federal aid to protection of state or municipally owned shores from erosion limited to one-third of the cost; if states or municipalities do the construction, they may be reimbursed by Federal Government. Act of August 13,1946, §§ 1, 2, 60 Stat. 1056, 33 U. S. C. 426e, 426f. Reconstruction Finance Corporation loans to states, municipalities and public agencies. Act of June 30, 1947, § 4(a) (3^ 61 Stat. 202, 203, as amended, see 15 U. S. C. 604(a) (3) (Supp. III). Loans and grants, to any state, municipality, or interstate agency for con- struction of sewage-treatment works, and allotments to states and inter- state agencies for investigations, research, surveys, and studies related to prevention and control of pollution. Act of June 30, 1948, §§ 5, 8(a), 8(c), 62 Stat. 1155, 1158, 1159, as amended, 33 U. S. C. 466d, 466g(a), 466g(c) (Supp. III). Federal loans or advances to states, their agencies, and political sub- divisions for financing the cost of advance planning and preparation of public works. Act of October 13, 1949, 63 Stat. 641, 40 U. S. C. 451^58 (Supp. III). 250Act of February 10, 1939, § 1808(a), 53 Stat. 199, as amended, 26 U. S. C. 1808(a). 251 For example: Swamp and overflow lands granted to certain states. Act of March 2, 1849, 9 Stat. 352; Act of September 28,1850, 9 Stat. 519. |