§ 195. — Gifts, bequests, or devises for benefit of National Arboretum; separate fund in the Treasury.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 20USC195]
TITLE 20--EDUCATION
CHAPTER 11--NATIONAL ARBORETUM
Sec. 195. Gifts, bequests, or devises for benefit of National
Arboretum; separate fund in the Treasury
Notwithstanding any other provision of law, the Secretary of
Agriculture is authorized to solicit, accept, receive, hold, utilize,
and administer on behalf of the United States gifts, bequests, or
devises of real and personal property made for the benefit of the
National Arboretum or for the carrying out of any of its functions. For
the purposes of the Federal income, estate, and gift tax laws, property
accepted under the authority of this section shall be considered as a
gift, bequest, or devise to the United States. Any gift of money
accepted pursuant to the authority granted in this section, or the net
proceeds from the liquidation of any property so accepted, or the
proceeds of any insurance on any gift property not used for its
restoration shall be deposited in the Treasury of the United States for
credit to a separate fund and shall be disbursed upon order of the
Secretary of Agriculture.
(Mar. 4, 1927, ch. 505, Sec. 5, as added Pub. L. 94-129, Nov. 13, 1975,
89 Stat. 683; amended Pub. L. 104-127, title VIII, Sec. 890(a), Apr. 4,
1996, 110 Stat. 1181.)
References in Text
The Federal income, estate, and gift tax laws, referred to in text,
are classified generally to Title 26, Internal Revenue Code.
Amendments
1996--Pub. L. 104-127 inserted ``solicit,'' after ``authorized to''
in first sentence.
