110 HR 5350 RH: To authorize the Secretary of Commerce to U.S. House of Representatives 2008-09-12 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

IB Union Calendar No. 542 110th CONGRESS 2d Session H. R. 5350 [Report No. 110–822, Part I] IN THE HOUSE OF REPRESENTATIVES February 12, 2008 Mr. Scott of Virginia (for himself and Mrs. Drake) introduced the following bill; which was referred to the Committee on Natural Resources, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned August 1, 2008 Reported from the Committee on Natural Resources with an amendment Strike out all after the enacting clause and insert the part printed in italic August 1, 2008 Referral to the Committee on Oversight and Government Reform extended for a period ending not later than September 12, 2008 September 12, 2008 Committee on Oversight and Government Reform discharged; committed to the Committee of the Whole House on the State of the Union and ordered to be printed For text of introduced bill, see copy of bill as introduced on February 12, 2008 A BILL To authorize the Secretary of Commerce to sell or exchange certain National Oceanic and Atmospheric Administration property located in Norfolk, Virginia, and for other purposes.

1.

Sale or exchange of NOAA property in Norfolk, Virginia

(a)

In General

The Secretary of Commerce may sell or exchange to the City of Norfolk, Virginia, in accordance with chapter 13 of title 40, United States Code, real property under the administrative jurisdiction of the National Oceanic and Atmospheric Administration (in this section referred to as NOAA), including land and improvements thereon, located at 538 Front Street, Norfolk, Virginia, consisting of approximately 3.78 acres, if the Secretary— (1)determines that the conveyance is in the best interests of NOAA and the Federal Government; and (2)has provided prior notification to the Committee on Natural Resources and the Committee on Appropriations of the House of Representatives and the Committee on Commerce, Science, and Transportation and the Committee on Appropriations of the Senate. (b)

Consideration

(1)

In general

For any conveyance under this section the Secretary shall require provision to the United States of consideration having a value that is not less than the fair market value of the property conveyed by the United States. (2)

Form

Consideration under this subsection may include any combination of— (A)cash or cash equivalents; (B)other property (either real or personal); and (C)consideration in-kind, including— (i)provision of space, goods, or services of benefit to NOAA including construction, repair, remodeling, or other physical improvements of NOAA property; (ii)maintenance of NOAA property; or (iii)provision of office, storage, or other useable space. (3)

Determination of fair market value

The Secretary shall determine fair market value for purposes of paragraph (1) based upon an appraisal of the property conveyed under subsection (a) conducted in conformance with the Uniform Appraisal Standards for Federal Land Acquisitions. (c)

Use of Proceeds

Amounts received under subsection (b)(2)(A) by the United States as proceeds of any conveyance under this section shall be available to the Secretary, subject to appropriation, for— (1)activities related to the operations of, or capital improvements, to NOAA property; or (2)relocation and other costs associated with the sale or exchange. (d)

Termination

Authority granted to the Secretary under subsections (a) and (b) shall terminate at the end of the 24-month period beginning on the date of enactment of this Act.

September 12, 2008 Committee on Oversight and Government Reform discharged; committed to the Committee of the Whole House on the State of the Union and ordered to be printed