Title 39 — Postal Service
Part III · Chapter 29 — Property Management
§ 2903. Use of funds from sale of property
Statutory text
In the event that the Postal Service permanently ceases operations, any funds derived from the sale of any real property owned by the Postal Service shall be used to pay any outstanding liability with respect to the salaries and expenses of any Postal Service employee. The balance of any remaining funds shall be deposited into the Postal Service Retiree Health Benefits Fund established under section 8909a of title 5.
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.
USPS Fairness Act
Pub. L. 117–108 title I § 102(d)(1) · 136 Stat. 1127
Enacted · 39 U.S.C. § 2903
(Added Pub. L. 117–108, title I, § 102(d)(1), Apr. 6, 2022, 136 Stat. 1140.)
Source evidence
Code source credit
(Added Pub. L. 117–108, title I, § 102(d)(1), Apr. 6, 2022, 136 Stat. 1140.)Enacted provision · exact public law section
(1) In general.— Chapter 29 of title 39, United States Code, is amended by adding at the end the following: “§ 2903. Use of funds from sale of property “In the event that the Postal Service permanently ceases operations, any funds derived from the sale of any real property owned by the Postal Service shall be used to pay any outstanding liability with respect to the salaries and expenses of any Postal Service employee. The balance of any remaining funds shall be deposited into the Postal Service Retiree Health Benefits Fund established under section 8909a of title 5.” .
1 of 1 references resolved to an enrolled provision
Credits
(Added Pub. L. 117–108, title I, § 102(d)(1), , 136 Stat. 1140.)