23 U.S.C. § 156 : US Code - Section 156: Proceeds from the sale or lease of real property

Search 23 U.S.C. § 156 : US Code - Section 156: Proceeds from the sale or lease of real property

(a) Minimum Charge. - Subject to section 142(f), a State shall
charge, at a minimum, fair market value for the sale, use, lease,
or lease renewal (other than for utility use and occupancy or for a
transportation project eligible for assistance under this title) of
real property acquired with Federal assistance made available from
the Highway Trust Fund (other than the Mass Transit Account).
(b) Exceptions. - The Secretary may grant an exception to the
requirement of subsection (a) for a social, environmental, or
economic purpose.
(c) Use of Federal Share of Income. - The Federal share of net
income from the revenues obtained by a State under subsection (a)
shall be used by the State for projects eligible under this title.
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