22 U.S. Code § 300 - Dispositions of property; damage payments; acceptance of gifts or services
Proceeds derived from dispositions, payments, or gifts under subsection (a) shall, notwithstanding the provisions of any other law, be applied toward acquisition, construction, or other purposes authorized by this chapter or held in the Foreign Service Buildings Fund, as in the judgment of the Secretary may best serve the Government’s interest:
Notwithstanding subsection (b), proceeds from the disposition of furniture, furnishings, and equipment from diplomatic and consular establishments in foreign countries shall be deposited into the Foreign Service Building Fund to be available for obligation or expenditure as directed by the Secretary.
1986—Subsec. (c). Pub. L. 99–399 added subsec. (c).
1966—Subsec. (a). Pub. L. 89–636 substituted provisions designated as subsec. (a) and authorizing the Secretary to sell, exchange, lease, or license any property or property interest acquired under this chapter, to receive payment in whatever form, or in kind, for damage to or destruction of buildings or their contents, and to accept gifts of property or services for former provisions which authorized the Secretary, when he found it to be in the Government’s interest, to sell buildings and grounds acquired for use of diplomatic and consular establishments in foreign countries.
Subsec. (b). Pub. L. 89–636 substituted provisions designated as subsec. (b) and providing for application of proceeds derived from dispositions, payments, or gifts under subsec. (a) toward acquisition, construction, or other purposes authorized by this chapter, as in the judgment of the Secretary may best serve the Government’s interest, for former provision for application of proceeds of sales toward purchase and construction, furnishing, and preservation of other properties.
1963—Pub. L. 88–94 struck out “with the concurrence of the Foreign Service Buildings Commission,” after “Government,” and “, as in the judgment of the Commission may best serve the Government’s interest” after “Foreign Service building fund”.
For termination, effective May 15, 2000, of provisions in subsec. (b) of this section relating to the Secretary reporting transactions annually to Congress, see section 3003 of Pub. L. 104–66, as amended, set out as a note under section 1113 of Title 31, Money and Finance, and page 129 of House Document No. 103–7.