Page:United States Statutes at Large Volume 110 Part 1.djvu/1047

 PUBLIC LAW 104-127—APR. 4, 1996 110 STAT. 1023 (d) DEADLINE. —The Secretary shall use the funds made available under subsection (a) for restoration activities referred to in subsection (b)(3) not later than December 31, 1999. (e) REPORT TO CONGRESS. —For each of calendar years 1996 through 1999, the Secretary shall submit an annual report to Congress describing all activities carried out under subsection (b)(3). (f) SEPARATE AND ADDITIONAL EVERGLADES RESTORATION ACCOUNT. — (1) ESTABLISHMENT.— There is established in the Treasury a special account (to be known as the "Everglades Restoration Account"), which shall consist of such funds as may be deposited in the account under paragraph (2). The account shall be separate, and in addition to, funds deposited in the Treasury under subsection (a). (2) SOURCE OF FUNDS FOR ACCOUNT.— (A) PROCEEDS FROM SURPLUS PROPERTY.— (i) IN GENERAL. —Subject to subparagraph (B), the Administrator shall deposit in the special account all funds received by the Administrator, on or after the date of enactment of this Act, from the disposal pursuant to the Federal Property and Administrative Services Act of 1949 (40 U.S.C. 471 et seq.) of surplus real property located in the State of Florida. (ii) AVAILABILITY AND DISPOSITION OF FEDERAL LAND. — (I) IDENTIFICATION. — Any Federal real property located in the State of Florida (excluding lands under the administrative jurisdiction of the Secretary that are set aside for conservation purposes) shall be identified for disposal or exchange under this subsection and shall be presumed available for purposes of this subsection unless the head of the agency controlling the property determines that there is a compelling program need for any property identified by the Secretary. (II) AVAILABILITY.— Property identified by the Secretary for which there is no demonstrated compelling program need shall, not later than 90 days after a request by the Secretary, be reported to the Administrator and shall be made available to the Administrator who shall consider the property to be surplus property for purposes of the Federal Property and Administrative Services Act of 1949 (40 U.S.C. 471 et seq.). (III) PRIORITIZATION OF DISPOSITION.—The Administrator may prioritize the disposition of property made available under this subparagraph to permit the property to be sold as quickly as practicable in a manner that is consistent with the best interests of the Federal Government. (B) LIMIT ON TOTAL AMOUNT OF DEPOSITS. —The total amount of funds deposited in the special account under subparagraph (A) shall not exceed $100,000,000. (C) EFFECT ON CLOSURE OF MILITARY INSTALLATIONS. — Nothing in this section alters the disposition of any proceeds arising from the disposal of real property pursuant to a base closure law.

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