Federal-Aid Highways: States Need Guidance on Sales Or Leases of Real Property Purchased with Federal Funds
- ISBN-10
- 1289012636
- ISBN-13
- 9781289012632
- Pages
- 46
- Language
- English
- Published
- 2013-06
- Publisher
- BiblioGov
- Authors
- U. S. Government Accountability Office, U S Government Accountability Office
Description
In 1998, the Transportation Equity Act for the 21st Century (TEA-21), authorized the states to retain the federal share of proceeds from the sale or lease of real property that had been purchased with federal-aid funds. It also required the states to use the federal share on other highway projects eligible for funding under the federal-aid highway program. GAO determined (1) the extent to which states are selling, leasing, or disposing of real property purchased with federal-aid funds and (2) how the proceeds generated from the sale or lease of real property are being used, including whether they are being used in accordance with TEA-21. GAO issued a related legal opinion in September 2002.
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Other editions
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- 2010-01
- 28 pages
- Ebook
- DIANE Publishing