A bill to amend title 10, United States Code, to authorize the Secretary of Defense to accept gifts of money and property for use by the Department of Defense.

Summary

Authorizes the Secretary of Defense to accept gifts of money or real or personal property for use by the Department of Defense (DOD) for its programs, projects, and activities. Establishes in the Treasury the Defense Gift Account for the deposit of such gifts. States that a gift of property received under this Act may be: (1) retained and used by DOD in its donated form; (2) sold or otherwise disposed of upon acceptance by the Secretary; or (3) converted into a form usable by DOD. Requires the Secretary to report quarterly to the Congress on gifts received, including a description of all property received having a value of more than $1,000,000. Authorizes the Secretary to use donated property without specific authorization, with a specified condition. Authorizes the Secretary of the Treasury to invest money in the Account in U.S. securities and to deposit interest on such money into the Account. Requires the Secretary of Defense to notify the Congress of any condition imposed on the use of any gift accepted. Directs the Comptroller General to conduct an annual audit of money and property accepted and to report the results to the Congress.

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Documents

4 official files

• Reported to Senate (text)

  Reported to Senate · EN

  ViewDownloadOpen at official source

• Introduced in Senate (text)

  Introduced in Senate · EN

  ViewDownloadOpen at official source

• Reported to Senate with amendment(s)

  summary · EN · 1 October 1990

  Open at official source

• Introduced in Senate

  summary · EN · 20 September 1990

  Open at official source

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