22 U.S.C. § 300 : US Code - Section 300: Dispositions of property; damage payments; acceptance of gifts or services

Search 22 U.S.C. § 300 : US Code - Section 300: Dispositions of property; damage payments; acceptance of gifts or services

(a) Authority of Secretary of State
The Secretary of State is authorized -
(1) to sell, exchange, lease, or license any property or
property interest acquired under this chapter, or under other
authority, for use of diplomatic and consular establishments in
foreign countries or in the United States pursuant to section
4304(b)(5) of this title,
(2) to receive payment in whatever form, or in kind, he
determines to be in the interest of the United States for damage
to or destruction of property acquired for use of diplomatic and
consular establishments abroad, and the contents of such
buildings, and
(3) to accept on behalf of the United States gifts of property
or services of any kind made by will or otherwise for the
purposes of this chapter.
(b) Disposition of proceeds; report to Congress
Proceeds derived from dispositions, payments, or gifts under
subsection (a) of this section shall, notwithstanding the
provisions of any other law, be applied toward acquisition,
construction, or other purposes authorized by this chapter or held
in the Foreign Service Buildings Fund, as in the judgment of the
Secretary may best serve the Government's interest: Provided, That
the Secretary shall report all such transactions annually to the
Congress with the budget estimates of the Department of State.
(c) Proceeds from sale of furniture, furnishings, and equipment
Notwithstanding subsection (b) of this section, proceeds from the
disposition of furniture, furnishings, and equipment from
diplomatic and consular establishments in foreign countries shall
be deposited into the Foreign Service Building Fund to be available
for obligation or expenditure as directed by the Secretary.