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For 2012, the state held an asset surplus of $533 million, one of only eight states in the nation to report a surplus. [4] Tennessee is a right to work state, as are most of its Southern neighbors. [5] Unionization has historically been low and continues to decline as in most of the U.S. generally. [6]
In 1977, the "surplus car scandal" erupted when state officials were accused of selling surplus state-owned cars to political allies. Charles Bell, Commissioner of General Services, resigned, and Sonny McCarter, director of the state's Surplus Property Division, pleaded guilty to two counts of embezzlement .
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 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 ...
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.
Fulbright Act of 1946, 50a U.S.C. § 1619, is a United States statute commissioning the United States Department of State as a disposal agency for the disposal of materials on public lands and the reclamation of salvageable military surplus assets pending the aftermath of World War II.
A Tennessee woman attending an event stopped at a booth being manned by the Tennessee Department of Treasury’s Unclaimed Property Division and came away with $1,285 left over from the estate of ...
The sudden increase of population caused a drastic cost-of-living increase for the original inhabitants. Property values, property taxes, and everyday necessities all increased dramatically. In 1946, the war was over and Camp Forrest and Northern Field were declared surplus property. Buildings were sold at auction, torn down and carted away.