Reading Room Document
Disposition of Federal Excess Personal Property Under the Federal Property and Administrative Services Act of 1949 and the Foreign Assistance of 1961
This document is a memorandum opinion addressing the issue of how § 3(d) of Pub. Law No. 94-519, 40 U.S.C. § 483(d), affects Federal excess personal property disposition under § 608 of the Foreign Assistance Act of 1961. The conclusion reached is that § 3(d) governs only grants and not loans made by the Agency for International Development (AID) under § 608. The document presents questions regarding the interpretation and application of § 3(d) in relation to the disposition of excess property in connection with both grants and loans made by AID under § 608. It also reviews the legislative history and intent behind § 3(d) and its impact on the use of excess property in foreign assistance programs.
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