23 U.S.C. § 156
Title 23
Chapter 1
Current through PL 116-220
~1 min read
Last updated: March 30, 2026
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§ 156. Proceeds from the sale or lease of real property
- (a) Subject to section 142(f), a State shall charge, at a minimum, fair market value for the sale, use, lease, or lease renewal (other than for utility use and occupancy or for a transportation project eligible for assistance under this title) of real property acquired with Federal assistance made available from the Highway Trust Fund (other than the Mass Transit Account).
- (b) The Secretary may grant an exception to the requirement of subsection (a) for a social, environmental, or economic purpose.
- (c) The Federal share of net income from the revenues obtained by a State under subsection (a) shall be used by the State for projects eligible under this title.
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