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TFC also handles the sale of surplus property and manages the Federal Surplus Program on behalf of the State and qualified local and non-profit agencies. [1] The TFC was originally established in 1919 as the State Board of Control, which mandated consolidation of the State's purchasing, printing, and property management functions. The State ...
Government property sold at public auction may include surplus government equipment, abandoned property over which the government has asserted ownership, property which has passed to the government by escheat, government land, and intangible assets over which the government asserts authority, such as broadcast frequencies sold through a spectrum auction.
An Act to amend the Surplus Property Act of 1944 to designate the Department of State as the disposal agency for surplus property outside the continental United States, its Territories and possessions, and for other purposes. Nicknames: Surplus Property Act Amendment of 1946: Enacted by: the 79th United States Congress: Effective: August 1 ...
The War Assets Administration (WAA) was created to dispose of United States government-owned surplus material and property from World War II.The WAA was established in the Office for Emergency Management, effective March 25, 1946, by Executive Order 9689, January 31, 1946.
Surplus Property Act of 1944 (ch. 479, 58 Stat. 765, 50A U.S.C. § 1611 et seq., enacted October 3, 1944) is an act of the United States Congress that was enacted to provide for the disposal of surplus government property to "a State, political subdivision of a State, or tax-supported organization".
The Surplus Property Board (SPB) was briefly responsible for disposing of $90 billion of surplus war property held by the United States government in the final year of World War II. [1] Created by the Surplus Property Act of 1944 , [ 2 ] the Board functioned for less than nine months, before being replaced by a more streamlined agency.
The 1944 Surplus Property Act provided for the disposal of surplus government property. To deal with these disposals, numerous short-lived agencies were formed, such as the Surplus War Property Administration in the Office of War Mobilization (February – October 1944); the Surplus Property Board in the Office of War Mobilization and Reconversion (October 1944 – September 1945); and the ...
Texas Lt. Gov. Dan Patrick said U.S.-owned border wall materials, which were available for sale, were pulled from an Arizona auction at the government's request. The Lonestar State had shown ...