Page:United States Statutes at Large Volume 90 Part 2.djvu/987

 PUBLIC LAW 94-519—OCT. 17, 1976 " (1) Under such regulations as the Administrator may prescribe, any Federal agency may obtain excess personal property for purposes of furnishing it to any institution or organization which is a public agency or is nonprofit and exempt from taxation under section 501 of the I n t e r n a l Revenue Code of 1954, and which is conducting a federally sponsored project pursuant to a g r a n t made for a specific purpose with a specific termination m a d e: Provided, That — " (A) such property is to be furnished for use in connection with the g r a n t; and " (B) the sponsoring Federal agency pays an amount equal to 25 per centum of the original acquisition cost (except for costs of care and handling) of the excess property furnished, such funds to be covered into the Treasury as miscellaneous receipts. Title to excess property obtained under this paragraph shall vest in the grantees and shall be accounted for and disposed of in accordance with procedures governing the accountability of personal property acquired under g r a n t agreements. " (2) Under such regulations and restrictions as the Administrator may prescribe, the provisions of this subsection shall not apply to the following: " (A) property furnished under section 608 of the Foreign Assistance Act of 1961, as amended, where and to the extent that the Administrator of General Services determines that the property to be furnished under such Act is not needed for donation pursuant to section 203(j) of this Act; " (B) scientific equipment furnished under section 11(e) of the National Science Foundation Act of 1950, as amended (42 U.S.C. 1 8 7 0 (e)); _ " (C) property furnished under section 203 of the Department of Agriculture Organic Act of 1944 (16 U.S.C. 580a), in connection with the Cooperative Forest F i r e Control Program, where title is retained in the United States; or " (D) property furnished in connection with g r a n t s to Indian tribes as defined in section 3(c) of the Indian Financing Act (25 U.S.C. 1452 (c)). This paragraph shall not preclude any Federal agency obtaining property and furnishing it to a grantee of that agency under paragraph (1) of this subsection. " (e) E a c h executive agency shall submit during the calendar quart€.r following the close of each fiscal year a report to the Administrator showing, with respect to personal property— " (1) obtained as excess property or as personal property determined to be no longer required for the purposes of the appropriation from which it was purchased, and " (2) furnished in any manner whatsoever within the United States to any recipient other than a Federal agency, the acquisition cost, categories of equipment, recipient of all such property, and such other information as the Administrator may require. The Administrator shall submit a report to the Senate (or to the Secretary of the Senate if the Senate is not in session) and to the House of Representatives (or to the Clerk of the House if the House is not in session) summarizing and analyzing the reports of the executive agencies.". SEC. 4. Section 402(c) of the Federal Property and Administrative Services Act of 1949 (40 U.S.C. 512(c)) is amended by striking out

90 STAT. 2455 Regulations,

26 USC 501.

Regulations,

22 USC 2358. Ante, p. 2451.

Report to Administrator.

Report to Congress.

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