1. (a) There is established as a special fund the Surplus Property Sales Fund (“Fund”), which shall be administered by the CPO in accordance with subsection (c) of this section.

2. (b) There shall be deposited into the Fund:

   1. (1) Administrative fees collected pursuant to an agreement entered into pursuant to § 2-358.02a; and
   2. (2) Proceeds from the sale of surplus property by OCP.
3. (c) Money in the Fund shall be used to pay the operational costs of OCP.
4. (d) Any money remaining available in the Fund at the end of a fiscal year, as determined by the Chief Financial Officer in the fiscal year-end close, shall be transferred to the unassigned fund balance of the General Fund of the District of Columbia as part of the fiscal year-end close.

History

Apr. 8, 2011, D.C. Law 18-371, § 805

as added Oct. 22, 2015, D.C. Law 21-36, § 1012(c), 62 DCR 10905

Dec. 13, 2017, D.C. Law 22-33, § 1122

Dec. 6, 2025, D.C. Law 26-55, § 1022

Emergency Legislation

For temporary (90 days) addition of this section, see § 1012(c) of the Fiscal Year 2016 Budget Support Emergency Act of 2015 (D.C. Act 21-127, July 27, 2015, 62 DCR 10201).

For temporary (90 days) amendment of this section, see § 1122 of Fiscal Year 2018 Budget Support Emergency Act of 2017 (D.C. Act 22-104, July 20, 2017, 64 DCR 7032).

For temporary (90 days) amendment of this section, see § 1122 of Fiscal Year 2018 Budget Support Congressional Review Emergency Act of 2017 (D.C. Act 22-167, Oct. 24, 2017, 64 DCR 10802).

For temporary (90 days) amendment of this section, see § 1022 of Fiscal Year 2026 Budget Support Emergency Act of 2025 (D.C. Act 26-146, Sept. 3, 2025, 72 DCR 9623).

For temporary (90 days) amendment of this section, see § 1022 of Fiscal Year 2026 Budget Support Congressional Review Emergency Act of 2025 (D.C. Act 26-210, Nov. 24, 2025, 72 DCR 13514).