Sec. 302. Review of Corps of Engineers assets
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Not later than 1 year after the date of enactment of this Act, the Secretary shall conduct an assessment of all properties under the control of the Corps of Engineers and develop an inventory of the properties that are not needed for the missions of the Corps of Engineers. In conducting the assessment and developing the inventory under subsection (a), the Secretary shall use the following criteria: The extent to which the property aligns with the current missions of the Corps of Engineers.
The economic impact of the property on existing communities in the vicinity of the property. The extent to which the utilization rate for the property is being maximized and is consistent with nongovernmental industry standards for the given function or operation. The extent to which the reduction or elimination of the property could reduce operation and maintenance costs of the Corps of Engineers. The extent to which the reduction or elimination of the property could reduce energy consumption by the Corps of Engineers.
As soon as practicable following completion of the inventory of properties under subsection (a), the Secretary shall provide the inventory to the Administrator of General Services. Not later than 30 days after the date of the notification under subsection (c), the Secretary shall submit to the Committee on Transportation and Infrastructure of the House of Representatives and the Committee on Environment and Public Works of the Senate a report containing the findings of the Secretary with respect to the assessment and inventory required under subsection (a).