§ 156. Proceeds from the sale or lease of real property
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/usc/title-23/section-156A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Minimum Charge.— Subject to section 142(f), a State shall charge, at a minimum, fair market value for the sale, use, lease, or lease renewal (other than for utility use and occupancy or for a transportation project eligible for assistance under this title) of real property acquired with Federal assistance made available from the Highway Trust Fund (other than the Mass Transit Account).
(b)Exceptions.— The Secretary may grant an exception to the requirement of subsection
(a)for a social, environmental, or economic purpose.
(c)Use of Federal Share of Income.— The Federal share of net income from the revenues obtained by a State under subsection
(a)shall be used by the State for projects eligible under this title.
(Added Pub. L. 100–17, title I, § 126(a), Apr. 2, 1987, 101 Stat. 167; amended Pub. L. 102–240, title I, § 1027(f), Dec. 18, 1991, 105 Stat. 1967; Pub. L. 105–178, title I, § 1303(a), June 9, 1998, 112 Stat. 227.)
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- Public Law 86–69
- Public Law 95–29Making economic stimulus appropriations for the fiscal year ending September 30, 1977, and for other purposes
- Public Law 95–85Making appropriations for the Department of Transportation and related agencies for the fiscal year ending September 30, 1978, and for other purposes
- Public Law 102–240To develop a national intermodal surface transportation system, to authorize funds for construction of highways, for highway safety programs, and for mass transit programs, and for other purposes
- Public Law 94–280To authorize appropriations for the construction of certain highways in accordance with title 23 of the United States Code, and for other purposes
- Public Law 100–17To authorize funds for construction of highways, for highway safety programs, and for mass transportation programs, to expand and improve the relocation assistance program, and for other purposes
- Public Law 96–131Making appropriations For the Department of Transportation and related agencies for the fiscal year ending September 30, 1980, and for other purposes
- Public Law 95–335Making appropriations for the Department of Transportation and related agencies for the fiscal year ending September 30, 1979, and for other purposes
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U.S. Code
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- Pub. L. 100–17, title I, § 126(a)
- 101 Stat. 167
- Pub. L. 102–240, title I, § 1027(f)
- 105 Stat. 1967
- Pub. L. 105–178, title I, § 1303(a)
- 112 Stat. 227
- Pub. L. 94–280, title I, § 132(a)
- 90 Stat. 441
- Pub. L. 105–178
- Pub. L. 102–240
- section 1100 of Pub. L. 102–240
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§ 156
Proceeds from the sale or lease of real property
Fed. Reg.×10
Stat.×8
C.F.R.×1
U.S.C.×1
Pub. L.Pub. L. 100–17, title I, § 126(a)
Stat.101 Stat. 167
Pub. L.Pub. L. 102–240, title I, § 1027(f)
Stat.105 Stat. 1967
Pub. L.Pub. L. 105–178, title I, § 1303(a)
Cites 12 · showing 6Cited by 20 across 4 sources