Title 22 — Foreign Relations and Intercourse
Part II · Chapter 32 — Foreign Assistance
§ 2396a. Property Management Fund
Statutory text
The proceeds of overseas property acquired by the Agency for International Development under the authority of section 2396(c) of this title may be deposited in a separate fund, which shall be known as the Property Management Fund. Such proceeds shall be available for use only for the purposes of section 2396(c) of this title and for maintenance, and shall remain available until expended. The Administrator of the Agency for International Development shall report all uses of funds deposited into the Property Management Fund as part of the annual Congressional Presentation materials submitted by the Agency for International Development.
The provisions of subsection (a) shall be applicable to property acquired prior to , and at any time thereafter.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
European Bank for Reconstruction and Development Act
Pub. L. 101–513 title V § 585 · 104 Stat. 1979
Enacted · 22 U.S.C. § 2396a
Pub. L. 101–513, title V, § 585, Nov. 5, 1990, 104 Stat. 2047
Source evidence
Code source credit
Pub. L. 101–513, title V, § 585, Nov. 5, 1990, 104 Stat. 2047Enacted provision · exact public law section
Sec. 585. property management fund (a) The proceeds of overseas property acquired by the 22 USC 2369a. Agency for International Development under the authority of section 636(c) of the Foreign Assistance Act of 1961 may be deposited in a separate fund, which shall be known as the Property Management Fund. Such proceeds shall be available for use only for the purposes of section 636(c) of that Act, and shall remain available until expended. The Administrator of the Agency for International Development Reports. shall report all uses of funds deposited into the Property Management Fund as part of the annual Congressional Presentation materials submitted by the Agency for International Development. (b) The provisions of subsection (a) shall be applicable to property acquired prior to the date of enactment of this Act and at any time thereafter.Department of State, Foreign Operations, and Related Programs Appropriations Act, 2014
Pub. L. 113–76 div. K title VII § 7034(q) · 128 Stat. 5
Inserted · 22 U.S.C. § 2396a(a)
Pub. L. 113–76 inserted “and for maintenance” after “purposes of section 2396(c) of this title”
Source evidence
Code amendment note
Subsec. (a). Pub. L. 113–76 inserted “and for maintenance” after “purposes of section 2396(c) of this title”.Enacted provision · exact public law section
(q) Property Management.— Section 585(a) of Public Law 101–513 22 USC 2396a. is amended by inserting “and for maintenance” after “of that Act”.
2 of 2 references resolved to an enrolled provision
Editorial Notes
Codification
Section was enacted as part of the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1991, and not as part of the Foreign Assistance Act of 1961 which comprises this chapter.
Amendments
2014—Subsec. (a). Pub. L. 113–76 inserted “and for maintenance” after “purposes of section 2396(c) of this title”.
Credits
1990–2014 · 2 acts
- 1990Pub. L. 101–513, title V, § 585, , 104 Stat. 2047
- 2014Pub. L. 113–76, div. K, title VII, § 7034(q), , 128 Stat. 517.
Show as published
(Pub. L. 101–513, title V, § 585, , 104 Stat. 2047; Pub. L. 113–76, div. K, title VII, § 7034(q), , 128 Stat. 517.)