Page:United States Statutes at Large Volume 116 Part 2.djvu/302

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116 STAT. 1084 PUBLIC LAW 107-217—AUG. 21, 2002 and transferred under this section in trust for Oklahoma Indian tribes recognized by the Secretary if the real property— (A) is located within boundaries of former reservations in Oklahoma, as defined by the Secretary, and was held in trust by the Federal Government for an Indian tribe when the Government acquired it; or (B) is contiguous to real property presently held in trust by the Government for an OklaJioma Indian tribe and was held in trust by the Government for an Indian tribe at any time. § 524. Duties of executive agencies (a) REQUIRED.— Each executive agency shall— (1) maintain adequate inventory controls and accountability systems for property under its control; (2) continuously survey property under its control to identify excess property; (3) promptly report excess property to the Administrator of General Services; (4) perform the care and handling of excess property; and (5) transfer or dispose of excess property as promptly as possible in accordance with authority delegated and regulations prescribed by the Administrator. (b) REQUIRED AS FAR AS PRACTICABLE. —Each executive agency, as far as practicable, shall— (1) reassign property to another activity within the agency when the property is no longer required for the purposes of the appropriation used to make the purchase; (2) transfer excess property under its control to other federal agencies and to organizations specified in section 321(c)(2) of this title; and (3) obtain excess property from other federal agencies. § 525. Excess personal property for federal agency grantees (a) GENERAL PROHIBITION.— ^A federal agency is prohibited from obtaining excess personal property for the purpose of furnishing the property to a grantee of the agency, except as provided in this section. (b) EXCEPTION FOR PUBLIC AGENCIES AND TAX-EXEMPT NONPROFIT ORGANIZATIONS.— (1) IN GENERAL.— Under regulations the Administrator of General Services may prescribe, a federal agency may obtain excess personal property for the purpose of furnishing it to a public agency or an organization that is nonprofit and exempt from taxation under section 501 of the Internal Revenue Code of 1986 (26 U.S.C. 501), if— (A) the agency or organization is conducting a federally sponsored project pursuant to a grant made for a specific purpose with a specific termination provision; (B) the property is to be furnished for use in connection with the grant; and (C)(i) the sponsoring federal agency pays an amount equal to 25 percent of the original acquisition cost (except for costs of care and handling) of the excess property; and (ii) the amount is deposited in the Treasury as miscellaneous receipts.