§ 16. FUNDING.
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/usc/title-40/section-16A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Salaries and Expenses Account.— Establishment .— There is established in the Treasury of the United States an account to be known as the ‘Public Buildings Reform Board Salaries and Expenses Account’ (in this subsection referred to as the ‘Account’). The Account shall be under the custody and control of the Chairperson of the Board and deposits in the Account shall remain available until expended. Necessary payments .— There shall be deposited into the Account such amounts, as are provided in appropriations Acts, for those necessary payments for salaries and expenses to accomplish the administrative needs of the Board.
Asset Proceeds and Space Management Fund.— Establishment .— There is established in the Treasury of the United States an account to be known as the ‘Public Buildings Reform Board—Asset Proceeds and Space Management Fund’ (in this subsection referred to as the ‘Fund’). The Fund shall be under the custody and control of the Administrator and deposits in the Fund shall remain available until expended. Use of amounts .— Amounts in the Fund shall be used solely for the purposes of carrying out actions pursuant to the Board recommendations approved under section 13.
Deposits .— The following amounts shall be deposited into the Fund and made available for obligation or expenditure only as provided in advance in appropriations Acts (subject to section 3307 of title 40 , United States Code, to the extent an appropriation normally covered by that section exceeds $20,000,000) for the purposes specified: Such amounts as are provided in appropriations Acts, to remain available until expended, for the consolidation, co-location, exchange, redevelopment, reconfiguration of space, disposal, and other actions recommended by the Board for Federal agencies.
Amounts received from the sale of any civilian real property action taken pursuant to a recommendation of the Board. Use of amounts to cover costs .— As provided in appropriations Acts, amounts in the Fund may be made available to cover necessary costs associated with implementing the recommendations pursuant to section 14, including costs associated with— sales transactions; acquiring land, construction, constructing replacement facilities, and conducting advance planning and design as may be required to transfer functions from a Federal asset or property to another Federal civilian property; co-location, redevelopment, disposal, and reconfiguration of space; and other actions recommended by the Board for Federal agencies.
Additional Requirement for Budget Contents .— The President shall transmit along with the President’s budget submitted pursuant to section 1105 of title 31 , United States Code, an estimate of proceeds that are the result of the Board’s recommendations and the obligations and expenditures needed to support such recommendations.
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§ 16
FUNDING.
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