Extension of Office of War Assets Administrator and War Assets Administration: Hearings on H.R. on H.R. 2402, Volumes 7-13

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Page 22 - CHANGES IN EXISTING LAW MADE BY THE BILL, AS REPORTED In compliance with clause 3 of rule XIII of the Rules of the House of Representatives, changes in existing law made by the bill, as reported, are shown as follows (existing law proposed to be omitted is •enclosed in black brackets, new matter is printed in italics, existing law in which no change is proposed is shown in roman...
Page 23 - ... foreign excess property may execute such documents for the transfer of title or other interest in property and take such other action as he deems necessary or proper to dispose of such property; and may authorize the abandonment, destruction, or donation of foreign excess property under his control which has no commercial value or the estimated cost of care and handling of which would exceed the estimated proceeds from its sale.
Page 23 - Administrator as disposal agencies by or pursuant to law, and for payment to Government agencies designated by the Administrator for rendering special services in connection with the disposal of surplus property, in such amounts as shall be approved by the Bureau of the Budget ; and for allocation or reimbursement to...
Page 21 - War Assets Administrator be abolished on February 28, 1949, and the remaining surplus property be transferred to the Reconstruction Finance Corporation, the Department of the Air Force, and the Treasury Department. The War Assets Administration has proceeded in its preparations to meet the requirements of Public Law 862.
Page 22 - Effective [February 28, 1949], June 30, 1Щ9, the office of War Assets Administrator is abolished and the War Assets Administration shall cease to exist as an agency of the Government and its affairs, functions, and responsibilities shall thereafter be disposed of and liquidated...
Page 20 - The purpose of this bill is to extend the Office of the War Assets Administrator and the War Assets Administration from February 28. 1949, to June 30, 1949.
Page 1 - ... the Office of the War Assets Administrator and the War Assets Administration from February 28, 1949, until June 30, 1949, having considered the same, report favorably thereon without amendment and recommend that the bill do pass.
Page 23 - Columbia; services as authorized by section 15 of the Act of August 2, 1946 (5...
Page 17 - These objections, we believe, are as valid now as they were then for the following reasons : 1. Nothing of a conclusive character can be accomplished by the abolition of the War Assets Administration and the distribution of its functions among other agencies, if there are no changes made in the substantive law (Surplus Property Act of 1944, as amended) pertaining to the disposition of surplus war property. 2. The history of surplus war property disposal since World War...
Page 22 - All powers, authority, functions, and responsibilities of the War Assets Administrator and of the War Assets Administration pertaining to surplus real property, which as used herein shall mean land and interests in land together with buildings, fixtures, facilities, utilities, equipment, and other property located thereon or adapted to use in connection...

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