Title 22 — Foreign Relations and IntercourseRelease 119-73
§2396a Property Management Fund
Title 22 › Chapter CHAPTER 32— - FOREIGN ASSISTANCE › Subchapter SUBCHAPTER III— - GENERAL AND ADMINISTRATIVE PROVISIONS › Part Part II— - Administrative Provisions › § 2396a
Summary
Proceeds from overseas property Agency acquires may go into the Property Management Fund and be used only for acquisition purposes and maintenance, remaining available until spent; the Administrator must report uses to Congress annually. Applies to property acquired before November 5, 1990, and after.
Full Legal Text
Title 22, §2396a
Foreign Relations and Intercourse — Source: USLM XML via OLRC
(a)The proceeds of overseas property acquired by the Agency for International Development under the authority of section 2396(c) of this title may be deposited in a separate fund, which shall be known as the Property Management Fund. Such proceeds shall be available for use only for the purposes of section 2396(c) of this title and for maintenance, and shall remain available until expended. The Administrator of the Agency for International Development shall report all uses of funds deposited into the Property Management Fund as part of the annual Congressional Presentation materials submitted by the Agency for International Development.
(b)The provisions of subsection (a) shall be applicable to property acquired prior to November 5, 1990, and at any time thereafter.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Codification Section was enacted as part of the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1991, and not as part of the Foreign Assistance Act of 1961 which comprises this chapter.
Amendments
2014—Subsec. (a). Pub. L. 113–76 inserted “and for maintenance” after “purposes of section 2396(c) of this title”.
Reference
Citations & Metadata
Citation
22 U.S.C. § 2396a
Title 22 — Foreign Relations and Intercourse
Last Updated
Apr 6, 2026
Release point: 119-73