16 U.S.C. § 4105 — Property
submitted 40 years ago by Pub. L. 99-659 to r/title-16-CONSERVATION · 172 words · no verdicts yet
State agencies supervise work on approved projects, and project property belongs to the State. If the State sells that property, it must return a proportional share of the proceeds to the United States.
(a) All work and labor or materials needed to complete an approved project* must follow applicable Federal and State* laws, be directly supervised by the State agency*, and follow the Secretary’s regulations. (b) The State receives title to all real and personal property acquired to complete the project. (c) If the State disposes of that property, it must pay the Treasury the portion of the proceeds matching the ratio of chapter funds used to acquire it. The payment may never exceed the chapter funds provided for that property.
All work, including the furnishing of labor and materials, needed to complete any project* approved by the Secretary* shall be performed in accordance with applicable Federal and State laws under the direct supervision of the State agency*, and in accordance with regulations as the Secretary may prescribe.
Title to all property, real and personal, acquired for the purposes of completing any project approved by the Secretary vests in the State.
If a State disposes of any real or personal property acquired under this chapter, the State shall pay into the Treasury of the United States the amount of any proceeds resulting from the property disposed to the extent of and in the same ratio that funds provided under this chapter were used in the acquisition of the property. In no case shall the amount paid into the Treasury of the United States under this section exceed the amount of funds provided by this chapter for the acquisition of the property involved.
Source credit: (Pub. L. 99–659, title III, § 306, Nov. 14, 1986, 100 Stat. 3735.)
- 1986Enacted · Pub. L. 99-659 · 100 Stat. 3735
A history note hasn’t been published yet. The record shows enactment by Pub. L. 99-659 on 1986-11-14.
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