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or mitigation of forfeiture thereof, it shall be delivered by the Secretary or his delegate to the Administrator of General Services, General Services Administration, who may order such firearm destroyed or may sell it to any State, Territory, or possession, or political subdivision thereof, or the District of Columbia, or at the request of the Secretary or his delegate may authorize its retention for official use of the Treasury Department, or may transfer it without charge to any executive department or independent establishment of the Government for use by it.

Approved August 16, 1954.

c. Abandoned Property

Revised Statutes sec. 3755, as amended (40 U.S.C. 310)

SEC. 3755. The Administrator of General Services is authorized to make such contracts and provisions as he may deem for the interest of the Government, for the preservation, sale, or collection of any property, or the proceeds thereof, which may have been wrecked, abandoned, or become derelict, being within the jurisdiction of the United States, and which ought to come to the United States, or of any moneys, dues, and other interests lately in the possession of or due to the socalled Confederate States, or their agents, and now belonging to the United States, which are now withheld or retained by any person, corporation, or municipality whatever, and which ought to have come into the possession and custody of, or been collected or received by, the United States; and in such contracts to allow such compensation to any person giving information thereof, or who shall actually preserve, collect, surrender, or pay over the same, as the Administrator of General Services may deem just and reasonable. No costs or claim shall, however, become chargeable to the United States in so obtaining, preserving, collecting, receiving, or making available property, debts, dues, or interests, which shall not be paid from such moneys as shall be realized and received from the property so collected, under each specific agreement.

Approved June 22, 1874.

PROPERTY TRANSFERRED IN CONNECTION WITH DEBTS Revised Statutes sec. 3750, as amended (40 U.S.C. 301)

SEC. 3750. The Administrator of General Services shall have charge of all lands and other property which have been or may be assigned, set off, or conveyed to the United States in payment of debts, and of all trusts created for the use of the United States in payment of debts due them; and of the sale and disposal of lands assigned or set off to the United States in payment of debts, or vested in them by mortgage or other security for the payment of debts; Provided, That this section shall not apply to real estate which has been or shall be

assigned, set off, or conveyed to the United States, in
payment of debts arising under the internal-revenue
laws, nor to trusts created for the use of the United
States, in payment of such debts due them.
Approved June 22, 1874.

DISPOSAL OF LANDS ACQUIRED BY DEVISE

32 Stat. 1112, as amended (40 U.S.C. 304)

The General Services Administration is authorized to take custody, for disposal as excess property under the Federal Property and Administrative Services Act of 1949, as amended, of such lands as have been or may hereafter be acquired by the United States by devise. Approved March 3, 1903.

GIFTS FOR DEFENSE PURPOSES

68 Stat. 566 (50 U.S.C. 1151–1156)

SEC. 1. To further the defense effort of the United 50 U.S.C. 1151 States

(a) the Secretary of the Treasury is authorized to accept or reject on behalf of the United States any gift of money or other intangible personal property made on condition that it be used for a particular defense purpose; and

(b) the Administrator of General Services is authorized to accept or reject on behalf of the United States any gift of other property, real or personal, made on condition that it be used for a particular defense

purpose.

SEC. 2. The Secretary of the Treasury may convert 50 U.S.C. 1152 into money, at the best terms available, any such gift of intangible property other than money; and the Administrator of General Services may convert into money, at the best terms available, any such gift of tangible property, or transfer to any other Federal agency without reimbursement such property as he may determine usable for the particular purpose for which it was donated.

SEC. 3. There shall be established on the books of the 50 U.S.C. 1153 Treasury a special account into which shall be depos

ited all money received as a result of such gifts.

SEC. 4. The Secretary of the Treasury, in order to 50 U.S.C. 1154 effectuate the purposes for which gifts accepted under this chapter are made, shall from time to time pay the money in such special account to such of the various appropriation accounts as in his judgment will best effectuate the intent of the donors, and such money is appropriated and shall be available for expenditure for the purposes of the appropriations to which paid.

SEC. 5. The Secretary of the Treasury and the Ad- 50 U.S.C. 1154 ministrator of General Services shall consult with in

50 U.S.C. 1156

terested Federal agencies in carrying out the provisions of this chapter.

SEC. 6. Nothing in this Act shall be construed to modify or repeal the authority to accept conditional gifts under any other provision of law.

Approved July 27, 1954.

GIFTS FOR REDUCTION OF THE PUBLIC DEBT

31 U.S.C. 901

31 U.S.C. 902

31 U.S.C. 903

31 U.S.C. 904

75 Stat. 119 (31 U.S.C. 901-904)

SEC. 1. In order to afford to the people of the United States an opportunity to make gifts to the Government of the United States to be used for the purpose of reducing the public debt

(a) the Secretary of the Treasury is authorized to accept on behalf of the United States (1) any gift of money made on the sole condition that it be used to reduce the public debt of the United States, (2) any gift of obligations of the the United States included in the public debt of the United States, if made on the sole condition that the obligations be canceled and retired and not reissued, or (3) any gift of other intangible personal property made on the sole condition that it be sold, and the proceeds realized from the sale be used to reduce the public debt of the United States; and

(b) the Administrator of General Services is authorized to accept on behalf of the United States any gift of other property, real or personal, made to the United States on the sole condition that it be sold and the proceeds realized from the sale be used to reduce the public debt of the United States; Provided, however, That the Secretary of the Treasury or the Administrator of General Services, as the case may be, is authorized to reject any gift under this section whenever he determines such action to be in the interest of the United States.

SEC. 2. The Secretary of the Treasury shall convert into money, at the best terms available, any gift accepted by him under the provisions of subsection (a)(3) of section 901 of this title; and the Administrator of General Services shall convert into money, at the best terms available, any gift accepted by him under the provisions of section 901 of this title.

SEC. 3. If under applicable law any gift accepted under section 901 of this title is subject to a gift or inheritance tax, the Secretary of the Treasury or the Administrator of General Services, as the case may be, is authorized to pay such tax out of the proceeds of such gift, or the proceeds of the redemption or sale of such gift, as the case may be.

SEC. 4. There is established on the books of the Treasury a special account into which shall be deposited all money received as gifts under this Act and all money received as a result of the conversion into

money of gifts of property other than money received
under this chapter. The Secretary of the Treasury shall
from time to time utilize the money in the special
account for the payment at maturity or the redemption
or purchase before maturity of any obligations of the
United States included in the public debt of the United
States. All obligations of the United States paid, re-
deemed, or purchased with money out of the special
account shall be canceled and retired and shall not be
reissued. All money deposited in the special account is
appropriated and shall be available for expenditure for
the purposes of this chapter.
Approved June 27, 1961.

DISSOLUTION OF FEDERAL FACILITIES CORPORATION 75 Stat. 418 (50 U.S.C. App. 1921 note)

SEC. 1*** subject to the provisions of section 2 of this Act, the Administrator of General Services is hereby designated to administer the contracts of sale of the Government-owned rubber producing facilities made pursuant to the Rubber Producing Facilities Disposal Act of 1953 (67 Stat. 414), as amended, and to administer other matters involving the Rubber Producing Facilities Disposal Commission, including the exercise of all powers and authority conferred upon the said Commission by section 6 of the Act of March 21, 1956 (70 Stat. 51,53), and also including the winding up of the affairs of the Commission. The said contracts are hereby transferred from Federal Facilities Corporation to the Administrator of General Services.

SEC. 2. The administration of the national security clause contained in the contracts of sale referred to in section 1 of this Act shall be carried out in accordance with the needs and requirements of the national defense as determined by the Secretary of Defense.

SEC. 3. The records and the remaining assets and liabilities of the Rubber Producing Facilities Disposal Commission are hereby transferred from Federal Facilities Corporation to the Administrator of General Services for use of the Administrator in connection with the administration or performance of his functions and duties under sections 1 and 2 of this Act, or for other disposition as may be determined, consonant with law, by the Administrator.

SEC. 4. (a) Nothwithstanding any other provision of law, the books of account, records, documents, property assets and liabilities of every kind and nature, including, but not limited to, all funds, notes (and accrued interest thereon), mortgages, deeds of trust, contracts, commitments, claims, and causes of action, of Federal Facilities Corporation are transferred to the Administrator of General Services for liquidation and, in connection therewith, there are also transferred to the

Administrator, notwithstanding the provisions of section 6 of this Act, all functions, powers, duties, authority, rights, and immunities now vested in, or available or applicable to, the Corporation which shall be performed, exercised, and administered by the Administrator in the same manner and to the same extent as if the same were performed, exercised, and administered by the Corporation. The Administrator shall assume and be subject, in his official capacity, to all liabilities and commitments, whether arising out of contract or otherwise, of the Corporation but he shall pay into the Treasury, as miscellaneous receipts, all future receipts and all remaining funds of the Corporation transferred to, or received by, him pursuant to this Act.

SEC. 8. In the event that title to any real property which was sold by the Rubber Producing Facilities Disposal Commission or by the Federal Facilities Corporation to private industry on credit, under mortgage, deed of trust, or similar arrangement, is acquired by the United States by reason of default by, or failure of performance of, the purchaser, or its successor in interest, of any of its obligations, such real property shall continue to be subject to special assessments for local improvements and to State, county, municipal, or local taxation to the same extent according to its value as other real property is taxed and the Administrator of General Services is authorized and directed to pay such special assessments and taxes.

SEC. 9. This Act shall take effect at the close of September 30, 1961.

Approved August 30, 1961.

IDENTIFICATION OF UNNEEDED FEDERAL REAL PROPERTY

Executive Order No.11724

June 25, 1973, 38 F.R. 16837
Federal Property Council

By virtue of the authority vested in me by section 205(a) of the Federal Property and Administrative Services Act of 1949 (40 U.S.C. § 486(a)) [subsec. (a) of this section], and as President of the United States of America, it is hereby ordered as follows:

SECTION. 1. There is hereby established in the Executive Office of the President a Federal Property Council (hereinafter referred to as the Council). The Council shall be composed of the Director of the Office of Management and Budget, the Chairman of the Council of Economic Advisers, the Chairman of the Council on Environmental Quality, and such other members from the Executive Office of the President as the President

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