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15 U.S.C. § 1522 — Acceptance of gifts and bequests for purposes of the Department; separate fund; disbursements
Federal law — U.S. Code and appendices · legal_authorities
The Secretary of Commerce is hereby authorized to accept, hold, administer, and utilize gifts and bequests of property, both real and personal, for the purpose of aiding or facilitating the work of the Department of Commerce. Gifts and bequests of money and the proceeds from sales of other property received as gifts or bequests shall be deposited in the Treasury in a separate fund and shall be disbursed upon order of the Secretary of Commerce. Property accepted pursuant to this provision, and the proceeds thereof, shall be used as nearly as possible in accordance with the terms of the gift or bequest.
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Source file: Laws/federal/codes/united-states-code/title-15/section-1522-acceptance-of-gifts-and-bequests-for-purposes-of-the-department-separate--60e3e18c16.md
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Source location: Title 15, Chapter 40, § 1522; chapter-040-department-of-commerce.md
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The Secretary of Commerce is hereby authorized to accept, hold, administer, and utilize gifts and bequests of property, both real and personal, for the purpose of aiding or facilitating the work of the Department of Commerce. Gifts and bequests of money and the proceeds from sales of other property received as gifts or bequests shall be deposited in the Treasury in a separate fund and shall be disbursed upon order of the Secretary of Commerce. Property accepted pursuant to this provision, and the proceeds thereof, shall be used as nearly as possible in accordance with the terms of the gift or bequest.
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Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
Section, act Aug. 6, 1947, ch. 504, § 7, 61 Stat. 788, provided for acceptance of gifts or bequests and exemption from Federal taxes. See sections 1522 and 1523 of Title 15, Commerce and Trade.
Source: Supplied U.S. Code snapshot — release unconfirmed · 33 U.S.C. § 883g
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Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
Section, act Mar. 3, 1901, ch. 872, § 11, as added July 22, 1950, ch. 486, § 2, 64 Stat. 373; amended Aug. 3, 1956, ch. 906, § 2, 70 Stat. 959; Sept. 2, 1958, Pub. L. 85–890, § 2, 72 Stat. 1712, provided for acceptance of gifts and bequests. See sections 1522 and 1523 of this title.
Source: Supplied U.S. Code snapshot — release unconfirmed · 15 U.S.C. § 278a
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Federal law — U.S. Code and appendices · legal_authorities
For the purpose of Federal income, estate, and gift taxes, property accepted under [section 1522 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section1522&num=0&edition=prelim) shall be considered as a gift or bequest to or for the use of the United States.
Source: Supplied U.S. Code snapshot — release unconfirmed · 15 U.S.C. § 1523
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Federal law — U.S. Code and appendices · legal_authorities
Upon the request of the Secretary of Commerce, the Secretary of the Treasury may invest and reinvest in securities of the United States or in securities guaranteed as to principal and interest by the United States any moneys contained in the fund authorized herein. Income accruing from such securities, and from any other property accepted pursuant to [section 1522 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section1522&num=0&edition=prelim), shall be deposited to the credit of the fund authorized herein, and shall be disbursed upon order of the Secretary of Commerce.
Source: Supplied U.S. Code snapshot — release unconfirmed · 15 U.S.C. § 1524
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Interagency functions**
(1) **Agency consultation** — Federal agencies shall consult with the Assistant Secretary and the NTIA to ensure that the conduct of telecommunications activities by such agencies is consistent with the policies developed under [section 902(b)(2)(K) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title47-section902/b/2/K&num=0&edition=prelim).
(2) **Report to President** — The Secretary shall timely submit to the President each year the report (including evaluations and recommendations) provided for in section 744(a) 11 See References in Text note below. of this title.
(3) **Coordination with Secretary of State** — The Secretary shall coordinate with the Secretary of State the performance of the functions described in [section 902(b)(2)(C) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title47-section902/b/2/C&num=0&edition=prelim). The Corporation and concerned executive agencies shall provide the Secretary with such assistance, documents, and other cooperation as will enable the Secretary to carry out those functions.
**(b) Advisory committees and informal consultations with industry** To the extent the Assistant Secretary deems it necessary to continue the Interdepartmental Radio Advisory Committee, such Committee shall serve as an advisory committee to the Assistant Secretary and the NTIA. As permitted by law, the Assistant Secretary may establish one or more telecommunications or information advisory committees (or both) composed of experts in the telecommunications and/or information areas outside the Government. The NTIA may also informally consult with industry as appropriate to carry out the most effective performance of its functions.
**(c) General provisions**
(1) **R
Source: Supplied U.S. Code snapshot — release unconfirmed · 47 U.S.C. § 904
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Federal law — U.S. Code and appendices · legal_authorities
Page 1442
TITLE 15—COMMERCE AND TRADE
§ 1522
$20,000,000, to remain available until September
30, 2022, to the Fund for necessary expenses for
a business application system modernization.
(Pub. L. 116–93, div. B, title I, § 111, Dec. 20, 2019,
133 Stat. 2395.)
Editorial Notes
REFERENCES IN TEXT
This Act, referred to in text, is div. B of Pub. L.
116–93, Dec. 20, 2019, 133 Stat. 2385, known as the Com-
merce, Justice, Science, and Related Agencies Appro-
priations Act, 2020. For complete classification of this
Act to the Code, see Tables.
§ 1522. Acceptance of gifts and bequests for pur-
poses of the Department; separate fund; dis-
bursements
The Secretary of Commerce is hereby author-
ized to accept, hold, administer, and utilize gifts
and bequests of property, both real and personal,
for the purpose of aiding or facilitating the work
of the Department of Commerce. Gifts and be-
quests of money and the proceeds from sales of
other property received as gifts or bequests shall
be deposited in the Treasury in a separate fund
and shall be disbursed upon order of the Sec-
retary of Commerce. Property accepted pursu-
ant to this provision, and the proceeds thereof,
shall be used as nearly as possible in accordance
with the terms of the gift or bequest.
(Pub. L. 88–611, § 1, Oct. 2, 1964, 78 Stat. 991.)
Editorial Notes
CODIFICATION
Section was formerly classified to section 608a of
Title 5 prior to the general revision and enactment of
Title 5, Government Organization and Employees, by
Pub. L. 89–554, § 1, Sept. 6, 1966, 80 Stat. 378.
Statutory Notes and Related Subsidiaries
TRANSFER OF FUNDS
Pub. L. 88–611, § 4(b), Oct. 2, 1964, 78 Stat. 991, provided
that: ‘‘All gifts and bequests received under the provi-
sions of law repealed by subsection (a) of
Source: Supplied 2024 U.S. Code historical extraction · 15 U.S.C. § 1522
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