§ 3252. Transfer of Federal equity in State employment security agency real property to the States
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/usc/title-29/section-3252A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Transfer of Federal equity Notwithstanding any other provision of law, any Federal equity acquired in real property through grants to States awarded under title III of the Social Security Act (42 U.S.C. 501 et seq.) or under the Wagner-Peyser Act (29 U.S.C. 49 et seq.) is transferred to the States that used the grants for the acquisition of such equity. The portion of any real property that is attributable to the Federal equity transferred under this section shall be used to carry out activities authorized under this Act, title III of the Social Security Act, or the Wagner-Peyser Act. Any disposition of such real property shall be carried out in accordance with the procedures prescribed by the Secretary and the portion of the proceeds from the disposition of such real property that is attributable to the Federal equity transferred under this section shall be used to carry out activities authorized under this Act, title III of the Social Security Act, or the Wagner-Peyser Act.
(b)Limitation on use A State shall not use funds awarded under this Act, title III of the Social Security Act, or the Wagner-Peyser Act to amortize the costs of real property that is purchased by any State on or after February 15, 2007.
(Pub. L. 113–128, title I, § 192, July 22, 2014, 128 Stat. 1604.)
Connections2 cite this · traces to 5
Cited by 2 sections
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- 128 Stat. 1604
- act Aug. 14, 1935, ch. 531
- 49 Stat. 620
- act June 6, 1933, ch. 49
- 48 Stat. 113
- 128 Stat. 1425
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§ 3252
Transfer of Federal equity in State employment security agency real property to the States
Pub. L.×1
Stat. Comp.×1
Stat.128 Stat. 1604
Actact Aug. 14, 1935, ch. 531
Stat.49 Stat. 620
Actact June 6, 1933, ch. 49
Stat.48 Stat. 113
Cites 11 · showing 10Cited by 2 across 2 sources