Page:United States Statutes at Large Volume 124.djvu/3378

 124 STAT. 3352 PUBLIC LAW 111–314—DEC. 18, 2010 (4) NOTICE TO COMMITTEES FOR PRIZE GREATER THAN $50,000,000.—No prize competition under this section may offer a prize in an amount greater than $50,000,000 unless 30 days have elapsed after written notice has been transmitted to the Committee on Science and Technology of the House of Rep- resentatives and the Committee on Commerce, Science, and Transportation of the Senate. (5) APPROVAL OF ADMINISTRATOR FOR PRIZE GREATER THAN $1,000,000.—No prize competition under this section may result in the award of more than $1,000,000 in cash prizes without the approval of the Administrator. (j) USE OF ADMINISTRATION NAME OR INSIGNIA.—A registered participant in a competition under this section may use the Administration’s name, initials, or insignia only after prior review and written approval by the Administration. (k) COMPLIANCE WITH EXISTING LAW.—The Federal Government shall not, by virtue of offering or providing a prize under this section, be responsible for compliance by registered participants in a prize competition with Federal law, including licensing, export control, and non-proliferation laws, and related regulations. § 20145. Lease of non-excess property (a) IN GENERAL.—The Administrator may enter into a lease under this section with any person or entity (including another department or agency of the Federal Government or an entity of a State or local government) with regard to any non-excess real property and related personal property under the jurisdiction of the Adminis- trator. (b) CASH CONSIDERATION.— (1) FAIR MARKET VALUE.—A person or entity entering into a lease under this section shall provide cash consideration for the lease at fair market value as determined by the Adminis- trator. (2) UTILIZATION.— (A) IN GENERAL.—The Administrator may utilize amounts of cash consideration received under this sub- section for a lease entered into under this section to cover the full costs to the Administration in connection with the lease. These funds shall remain available until expended. (B) CAPITAL REVITALIZATION AND IMPROVEMENTS.—Of any amounts of cash consideration received under this sub- section that are not utilized in accordance with subpara- graph (A)— (i) 35 percent shall be deposited in a capital asset account to be established by the Administrator, shall be available for maintenance, capital revitalization, and improvements of the real property assets and related personal property under the jurisdiction of the Administrator, and shall remain available until expended; and (ii) the remaining 65 percent shall be available to the respective center or facility of the Administration engaged in the lease of nonexcess real property, and shall remain available until expended for maintenance, capital revitalization, and improvements of the real property assets and related personal property at the