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Code · BILL · 114th Congress · S. 1750 (Introduced in Senate) — To decrease the deficit by realigning, consolidating, disposing, and improving the efficiency of Federal buildings an... · Sec. 18

Sec. 18. Funding

639 words·~3 min read·/bill/114/s/1750/is/section-18

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There is established in the Treasury an account, to be known as the Civilian Property Realignment Commission—Salaries and Expenses account, consisting of— the amounts deposited in the account under subsection (c)(1); and such amounts as are provided in appropriations Acts for those necessary payments for salaries and other administrative expenses of the Commission. If no amounts are appropriated for the salaries and expenses of the Commission for a fiscal year, the Director may support the activities of the Commission under this Act for the fiscal year if the Director, in consultation with the Administrator, approves a transfer to the Commission of amounts from the Asset Proceeds and Space Management Fund established under subsection (b)(1).
There is established within the Federal Buildings Fund established by section 592 of title 40, United States Code, a fund to be known as the Civilian Property Realignment Commission—Asset Proceeds and Space Management Fund , which shall be used solely for the purposes of carrying out actions pursuant to recommendations of the Commission approved under section 8. Notwithstanding section 3307 of title 40, United States Code, the fund established under paragraph
(1)shall consist of— such amounts as are provided in appropriations Acts, to remain available until expended, for the consolidation, colocation, exchange, redevelopment, reconfiguration of space and other actions recommended by the Commission for Federal agencies; the proceeds received from each civilian real property action taken pursuant to a recommendation of the Commission under section 9; and any funds made available to a Federal agency in an appropriations Act for the costs of administering civilian real property, including operations, maintenance, and security not expended because of any savings in those costs resulting from implementing a recommendation of the Commission under section 9. The amounts deposited in the fund established under paragraph
(1)shall remain available until expended. The Commission, in carrying out the duties of the Commission and with the consent of the Administrator, may transfer from the fund established under paragraph
(1)to a Federal agency such amounts as are necessary from the proceeds described in paragraph (2)(B) to cover costs associated with implementing the recommendations of the Commission under section 9. The costs described in subparagraph
(A)shall include any costs associated with— sales transactions; transferring functions from a Federal asset or property to another Federal civilian property, including construction, constructing replacement facilities, conducting advance planning, and design; colocation, redevelopment, disposal, and reconfiguration of space; and any other action recommended by the Commission for a Federal agency. In this paragraph, the term net proceeds means difference between— the proceeds described in paragraph (2)(B); and the amounts transferred under paragraph (4). The Administrator shall determine the proportion of the net proceeds that are deposited in the general fund of the Treasury and the Civilian Property Realignment Commission—Asset Proceeds and Space Management Fund for a fiscal year, except that, of the total amount of net proceeds for a fiscal year, the general fund of the Treasury shall receive— 100 percent of all proceeds described in paragraph (2)(B) for the fiscal year until such date as the total amount of those proceeds for the fiscal year exceeds $50,000,000; and not less than 80 percent of the net proceeds thereafter for the fiscal year. Notwithstanding any other provision of law, not later than 30 days after the date of enactment of this Act, the Administrator shall transfer from the Federal Buildings Fund established under section 592 of title 40, United States Code— $20,000,000, to the Civilian Property Realignment Commission—Salaries and Expenses account established under subsection (a)(1), to remain available until expended, for salaries and expenses of the Commission; and $62,000,000, to the Civilian Property Realignment Commission—Asset Proceeds and Space Management Fund established under subsection (b)(1), to remain available until expended, for use in carrying out activities relating to the implementation of the recommendations of the Commission.
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