42 U.S.C. § 2349 : US Code - Section 2349: Hanford project; disposal of property

Search 42 U.S.C. § 2349 : US Code - Section 2349: Hanford project; disposal of property

In addition to any other authority the Commission may have, the
Commission is authorized, without regard to the provisions of
section 5 of title 41, to lease land, and to sell, lease, including
leases with options to purchase, and otherwise dispose of
improvements thereon, and such equipment and other personal
property as is determined to be directly related thereto, in the
Commission's Hanford project in and near Richland, Washington, upon
a determination by the Commission that such disposition will serve
to prevent or reduce the adverse economic impact of actual or
anticipated reductions in Commission programs in that area:
Provided, however, That the compensation to the Government for any
such disposition shall be the estimated fair market value or
estimated fair rental value of the property as determined by the
Commission: Provided further, That before the Commission makes any
disposition of property under the authority of this section, the
basis for the proposed disposition (with necessary background and
explanatory data) shall be submitted to the Committee on Energy and
Natural Resources of the Senate and the Committee on Energy and
Commerce of the House of Representatives, and a period of forty-
five days shall elapse while Congress is in session (in computing
such forty-five-days, there shall be excluded the days on which
either House is not in session because of adjournment of more than
three days): Provided, however, That those Committees, after having
received the basis for the proposed disposition, may by resolution
in writing waive the conditions of, or all or any portion of, such
forty-five-day period.