40 USC 422: Payments to State or political subdivision in lieu of taxes; amount
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40 USC 422: Payments to State or political subdivision in lieu of taxes; amount Text contains those laws in effect on January 2, 2001
From Title 40-PUBLIC BUILDINGS, PROPERTY, AND WORKSCHAPTER 8-EMERGENCY PUBLIC WORKS AND CONSTRUCTION PROJECTSSUBCHAPTER II-SLUM CLEARANCE AND LOW COST HOUSING PROJECTS
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§422. Payments to State or political subdivision in lieu of taxes; amount

Upon the request of any State or political subdivision in which any such project has been or will be constructed, the Administrator of General Services is authorized to enter into an agreement, and to consent to the renewal or alteration thereof, with such State or subdivisions for the payment by the United States of sums in lieu of taxes. Such sums shall be fixed in such agreement and shall be based upon the cost of the public or municipal services to be supplied for the benefit of such project or the persons residing on or occupying such premises, but taking into consideration the benefits to be derived by such State or subdivision from such project.

(June 29, 1936, ch. 860, §2, 49 Stat. 2026 ; 1939 Reorg. Plan No. I, §§301, 305, eff. July 1, 1939, 4 F.R. 2729, 53 Stat. 1426, 1428; Ex. Ord. No. 9357, eff. June 30, 1943, 8 F.R. 9041; June 30, 1949, ch. 288, title I, §103(a), 63 Stat. 380 .)

Transfer of Functions

Functions of Federal Works Agency and of all agencies thereof, together with functions of Federal Works Administrator transferred to Administrator of General Services by section 103(a) of act June 30, 1949, which is classified to section 753(a) of this title. Federal Works Agency and office of Federal Works Administrator abolished by section 103(b) of act June 30, 1949.

Federal Emergency Administration of Public Works consolidated into Federal Works Agency to be administered as Public Works Administration by Reorg. Plan No. 1 of 1939. Functions of Public Works Administration and Commissioner of Public Works in Federal Works Agency transferred to Federal Works Administrator by Ex. Ord. No. 9357.

Effective Date of Transfer of Functions

Transfer of functions by act June 30, 1949, effective July 1, 1949, see section 605 of act June 30, 1949, set out as an Effective Date note under section 471 of this title.