2012 US Code
Title 40 - Public Buildings, Property, and Works
Subtitle I - FEDERAL PROPERTY AND ADMINISTRATIVE SERVICES (§§ 101 - 1315)
Chapter 1 - 1-GENERAL (§§ 101 - 126)
Subchapter III - ADMINISTRATIVE AND GENERAL (§§ 121 - 126)
Section 124 - Agency use of amounts for property management

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Publication TitleUnited States Code, 2012 Edition, Title 40 - PUBLIC BUILDINGS, PROPERTY, AND WORKS
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 40 - PUBLIC BUILDINGS, PROPERTY, AND WORKS
SUBTITLE I - FEDERAL PROPERTY AND ADMINISTRATIVE SERVICES
CHAPTER 1 - 1-GENERAL
SUBCHAPTER III - ADMINISTRATIVE AND GENERAL
Sec. 124 - Agency use of amounts for property management
Containssection 124
Date2012
Laws in Effect as of DateJanuary 15, 2013
Positive LawYes
Dispositionstandard
Source CreditPub. L. 107-217, Aug. 21, 2002, 116 Stat. 1071.
Statutes at Large References63 Stat. 403
64 Stat. 583
84 Stat. 2085
96 Stat. 1085
116 Stat. 1071
Public Law ReferencesPublic Law 97-258, Public Law 107-217

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ADMINISTRATIVE AND GENERAL - 40 U.S.C. § 124 (2012)
§124. Agency use of amounts for property management

Amounts appropriated, allocated, or available to a federal agency for purposes similar to the purposes in section 121 of this title or subchapter I (except section 506), II, or III of chapter 5 of this title may be used by the agency for the disposition of property under this subtitle, and for the care and handling of property pending the disposition, if the Director of the Office of Management and Budget authorizes the use.

(Pub. L. 107–217, Aug. 21, 2002, 116 Stat. 1071.)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
124 40:475(b). June 30, 1949, ch. 288, title VI, §603(b), formerly §503(b), 63 Stat. 403; renumbered [§] 603(b), Sept. 5, 1950, ch. 849, §6(a), (b), 64 Stat. 583.

The words “heretofore or hereafter” are omitted as unnecessary. The words “Director of the Office of Management and Budget” are substituted for “Director of the Bureau of the Budget” in section 603(b) of the Federal Property and Administrative Services Act of 1949 because the office of Director of the Bureau of the Budget was redesignated the Director of the Office of Management and Budget by section 102(b) of Reorganization Plan No. 2 of 1970 (84 Stat. 2085). Section 102 of Reorganization Plan No. 2 of 1970, was repealed by section 5(b) of the Act of September 13, 1982 (Public Law 97–258, 96 Stat. 1085), the first section of which enacted Title 31, United States Code, but the successor provision, 31:502, continued the designation as Director of the Office of Management and Budget.

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