Pub. L. 105-85, div. B, tit. XXVIII, subtit. B, sec. 2813

ADMINISTRATIVE EXPENSES FOR CERTAIN REAL PROPERTY TRANSACTIONS.

EnactedYear: 1997Length: 240 wordsOfficial source
SEC. 2813. ADMINISTRATIVE EXPENSES FOR CERTAIN REAL PROPERTY TRANSACTIONS. (a) Acceptance Authorized.—Chapter 159 of title 10, United States Code, is amended by adding at the end the following new section: “§ 2695. Acceptance of funds to cover administrative expenses relating to certain real property transactions “(a) Authority To Accept.—In connection with a real property transaction referred to in subsection (b) with a non-Federal person or entity, the Secretary of a military department may accept 111 STAT. 1994amounts provided by the person or entity to cover administrative expenses incurred by the Secretary in entering into the transaction. “(b) Covered Transactions.—Subsection (a) applies to the following transactions: “(1) The exchange of real property. “(2) The grant of an easement over, in, or upon real property of the United States. “(3) The lease or license of real property of the United States. “(c) Use of Amounts Collected.—Amounts collected under subsection (a) for administrative expenses shall be credited to the appropriation, fund, or account from which the expenses were paid. .Amounts so credited shall be merged with funds in such appropriation, fund, or account and shall be available for the same purposes and subject to the same limitations as the funds with which merged.”. (b) Clerical Amendment.—The table of sections at the beginning of chapter 159 of such title is amended by adding at the end the following new item: “2695. Acceptance of funds to cover administrative expenses relating to certain real property transactions.”.
Pub. L. 105-85, div. B, tit. XXVIII, subtit. B, sec. 2813: ADMINISTRATIVE EXPENSES FOR CERTAIN REAL PROPERTY TRANSACTIONS. | Justis AI