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e-CFR data is current as of October 22, 2020

Title 36Chapter IIPart 254Subpart C → §254.38

Title 36: Parks, Forests, and Public Property
Subpart C—Conveyance of Small Tracts

§254.38   Disposition of proceeds.

Link to an amendment published at 85 FR 60916, Sept. 29, 2020.

(a) The net proceeds derived from any sale or exchange in §254.32(c) shall be deposited in the fund commonly known as the “Sisk Act” account.

(b) Amounts deposited shall be available until expended for:

(1) Acquisition of land or interests in land for administrative sites for the National Forest System in the State from which the amounts were derived; or

(2) Acquisition of land or interests in land for inclusion in the National Forest System in that State, including land or interests in land that enhance opportunities for recreational access.

[85 FR 8181, Feb. 13, 2020]

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