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40 U.S.C. § 529Annual executive agency reports on excess personal property

submitted 24 years ago by Pub. L. 107-217 to r/title-40-PUBLIC-BUILDINGS-PROPERTY-AND-WORKS · 257 words · no verdicts yet

in plain englishAI-generated · not legal advice

Each executive agency must report certain personal-property transfers after each fiscal year. The Administrator of General Services must compile the reports within 180 days, send them to the named congressional committees, and publish a public online report.

(a) In General. During the calendar quarter after each fiscal year ends, every executive agency must report to the Administrator of General Services, the Senate Committee on Homeland Security and Governmental Affairs, and the House Committee on Oversight and Accountability. The report must cover personal property that was (1) obtained as (A) excess property or (B) property later determined no longer needed for the appropriation used to buy it, and (2) furnished in the United States to someone other than a Federal agency. (b) Required Information. The report must identify equipment categories and show (1) the property’s acquisition cost, (2) its recipient, and (3) other information the Administrator requires. (c) Compilation of Data. Within 180 days after a fiscal year ends, the Administrator must compile the subsection (a) reports and submit the compilation to the Senate Committee on Homeland Security and Governmental Affairs and the House Committee on Oversight and Accountability. The Administrator must also publish it on a centralized online website. The public report must include (1) all data from each report in a user-friendly format, (2) a summary of each report’s findings, including the total dollar amount of property found no longer needed for the purchasing appropriation, and (3) any other recommendations from the Administrator.
the actual law source: uscode.house.gov ↗public domain
(a)In General.—

During the calendar quarter following the close of each fiscal year, each executive agency shall submit to the Administrator of General Services and the Committee on Homeland Security and Governmental Affairs of the Senate and the Committee on Oversight and Accountability of the House of Representatives a report on personal property—

(1)

obtained as—

(A)

excess property; or

(B)

personal property determined to be no longer required for the purpose of the appropriation used to make the purchase; and

(2)

furnished within the United States to a recipient other than a federal agency.

(b)Required Information.—

The report must set out the categories of equipment and show—

(1)

the acquisition cost of the property;

(2)

the recipient of the property; and

(3)

other information the Administrator may require.

(c)Compilation of Data.—

Not later than 180 days following the close of a fiscal year, the Administrator shall compile the data in the reports submitted under subsection (a) and submit to the Committee on Homeland Security 1 Governmental Affairs of the Senate and the Committee on Oversight and Accountability of the House of Representatives and publish on a centralized online website a publicly available report, which shall include—

(1)

the complete data provided in each report in a user-friendly format;

(2)

a summary of the findings of each report, including the aggregate dollar amount of personal property determined to be no longer required for the purpose of the appropriation used to make the purchase; and

(3)

any other recommendations from the Administrator.

Source credit: (Pub. L. 107–217, Aug. 21, 2002, 116 Stat. 1086; Pub. L. 118–99, § 2(a)(1), (e)(1), Oct. 1, 2024, 138 Stat. 1578, 1579.)

history & why it existsrecord from the source credit
  • 2002Enacted · Pub. L. 107-217 · 116 Stat. 1086
  • 2024Amended · Pub. L. 118-99 · 138 Stat. 1578, 1579

A history note hasn’t been published yet. The record shows enactment by Pub. L. 107-217 on 2002-08-21.

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