FEDERAL · 10 U.S.C. · Chapter 608

Pilot program relating to use of proceeds of disposal or utilization of certain department of energy assets

Current through Pub. L. 119-102
Title 10Armed Forces·Ch. 608 — ADMINISTRATIVE MATTERS·Subch. III
(a)Purpose.—The purpose of this section is to encourage the Secretary of Energy to dispose of or otherwise utilize certain assets of the Department of Energy by making available to the Secretary the proceeds of such disposal or utilization for purposes of defraying the costs of such disposal or utilization.
(b)Use of Proceeds to Defray Costs.—
(1)Notwithstanding section 3302 of title 31, the Secretary may retain from the proceeds of the sale, lease, or disposal of an asset under subsection (c) an amount equal to the cost of the sale, lease, or disposal of the asset. The Secretary shall utilize amounts retained under this paragraph to defray the cost of the sale, lease, or disposal.
(2)For purposes of paragraph (1), the cost of a sale, lease, or disposal shall include—
(A)the cost of ad

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10 U.S.C. § 6354 (Pilot program relating to use of proceeds of disposal or utilization of certain department of energy assets) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

§ 3302
31 U.S.C. § 3302
§ 549
40 U.S.C. § 549

Source Credit

History

(Added and amended Pub. L. 119–60, div. C, title XXXI, §3111(a), (d)(2)(B), Dec. 18, 2025, 139 Stat. 1454, 1462.)

Editorial Notes

Editorial Notes

Prior Provisions
Provisions similar to those in this section were contained in section 2813 of Title 50, War and National Defense, prior to repeal by Pub. L. 119–60, §3111(b)(1).

Amendments
2025—Pub. L. 119–60, §3111(d)(2)(B), realigned margins.