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The Texas Facilities Commission is a Texas state agency. TFC's main duty is to manage state government buildings (excluding those operated by universities, the Texas State Capitol, and the Governor's Mansion). TFC also handles the sale of surplus property and manages the Federal Surplus Program on behalf of the State and qualified local and non ...
Texas officials try to intercept sale of surplus border wall materials Patrick noted that Texas became aware of the materials slated for auction on Dec. 12, the same day the Daily Wire reported ...
Government property sold at public auction may include surplus government equipment, abandoned property over which the government has asserted ownership, property which has passed to the government by escheat, government land, and intangible assets over which the government asserts authority, such as broadcast frequencies sold through a spectrum auction.
Surplus Property Act of 1944 (ch. 479, 58 Stat. 765, 50A U.S.C. § 1611 et seq., enacted October 3, 1944) is an act of the United States Congress that was enacted to provide for the disposal of surplus government property to "a State, political subdivision of a State, or tax-supported organization".
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The Surplus Property Board (SPB) was briefly responsible for disposing of $90 billion of surplus war property held by the United States government in the final year of World War II. [1] Created by the Surplus Property Act of 1944 , [ 2 ] the Board functioned for less than nine months, before being replaced by a more streamlined agency.
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