Title 7 — AgricultureRelease 119-73
§2269 Gifts of property; acceptance and administration by Secretary of Agriculture; Federal tax law consideration; separate fund in Treasury; regulations
Title 7 › Chapter CHAPTER 55— - DEPARTMENT OF AGRICULTURE › § 2269
Summary
Agriculture Secretary can accept gifts of land, property, or money for USDA and treat them as gifts to the U.S. for tax law; cash, money from sales or insurance not used to restore property must go to a separate Treasury fund and can be spent only by the Secretary, who may make rules.
Full Legal Text
Title 7, §2269
Agriculture — Source: USLM XML via OLRC
Notwithstanding any other provision of law, the Secretary of Agriculture is authorized to accept, receive, hold, utilize, and administer on behalf of the United States gifts, bequests, or devises of real and personal property made for the benefit of the United States Department of Agriculture or for the carrying out of any of its functions. For the purposes of the Federal income, estate, and gift tax laws, property accepted under the authority of this section shall be considered as a gift, bequest, or devise to the United States. Any gift of money accepted pursuant to the authority granted in this section, or the net proceeds from the liquidation of any property so accepted, or the proceeds of any insurance on any gift property not used for its restoration shall be deposited in the Treasury of the United States for credit to a separate fund and shall be disbursed upon order of the Secretary of Agriculture. The Secretary of Agriculture may promulgate regulations to carry out the provisions of this section.
Reference
Citations & Metadata
Citation
7 U.S.C. § 2269
Title 7 — Agriculture
Last Updated
Apr 6, 2026
Release point: 119-73