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Title 22 — Foreign Relations and Intercourse

Part II · Chapter 32 — Foreign Assistance

§ 2396a. Property Management Fund

Statutory text

(a)

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.

(b)

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.

  1. 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. 2047

    Enacted 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.

  2. 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
  1. 1990Pub. L. 101–513, title V, § 585, , 104 Stat. 2047
  2. 2014Pub. L. 113–76, div. K, title VII, § 7034(q), , 128 Stat. 517.
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(Pub. L. 101–513, title V, § 585, , 104 Stat. 2047; Pub. L. 113–76, div. K, title VII, § 7034(q), , 128 Stat. 517.)

Parsed from the official OLRC USLM XML in data/usc_all/usc22.xml · release point 119-108 · OLRC build 2026-09-09

USLM identifier /us/usc/t22/s2396a