I 

112TH CONGRESS 

2D SESSION H. R. 3777 

To resolve title issues involving real property and equipment acquired using 

funds provided under the Alaska Kiln Drying Grant Program. 

IN THE HOUSE OF REPRESENTATIVES 

JANUARY 17, 2012 

Mr. YOUNG of Alaska introduced the following bill; which was referred to the 

Committee on Agriculture 

A BILL 

To resolve title issues involving real property and equipment 

acquired using funds provided under the Alaska Kiln 

Drying Grant Program. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. RESOLUTION OF REAL PROPERTY AND EQUIP4 MENT TITLE ISSUES UNDER ALASKA KILN 

5 DRYING GRANT PROGRAM. 

6 (a) IN GENERAL.—Notwithstanding part 3019 of 

7 title 7, Code of Federal Regulations (the Uniform Federal 

8 Assistance Regulations of the Department of Agriculture), 

9 title to real property and equipment acquired using funds 

10 provided by a grant under the Alaska Kiln Drying Grant 


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1 Program, as described under the heading ‘‘State and Pri2 vate Forestry’’ in House Reports 106–914 and 107–234, 

3 shall vest in the grant recipient in accordance with the 

4 compensation schedule specified in subsection (b) or as 

5 provided in subsection (c). 

6 (b) COMPENSATION SCHEDULE.— 

7 (1) PERIOD OF APPLICATION.—The compensa8 tion requirements of this subsection apply to a grant 

9 provided under the Alaska Kiln Drying Grant Pro10 gram during the four-year period beginning on the 

11 date on which the grant was closed. 

12 (2) COMPENSATION SCHEDULE.—If real prop13 erty or equipment acquired using funds provided by 

14 a grant under the Alaska Kiln Drying Grant Pro15 gram is no longer to be used for the purposes for 

16 which the grant was made, the grant recipient may 

17 sell, or may retain title to, the real property or 

18 equipment upon payment to the Secretary of Agri19 culture of compensation as follows: 

20 (A) During the first year of the four-year 

21 period, the grant recipient shall pay an amount 

22 equal to 80 percent of the proceeds of the sale, 

23 if the real property or equipment is sold, or 80 

24 percent of the market value of the real property 


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1 or equipment, if title is to be retained by the 

2 grant recipient. 

3 (B) During the second year of the four4 year period, the grant recipient shall pay an 

5 amount equal to 60 percent of the proceeds of 

6 the sale, if the real property or equipment is 

7 sold, or 60 percent of the market value of the 

8 real property or equipment, if title is to be re9 tained by the grant recipient. 

10 (C) During the third year of the four-year 

11 period, the grant recipient shall pay an amount 

12 equal to 40 percent of the proceeds of the sale, 

13 if the real property or equipment is sold, or 40 

14 percent of the market value of the real property 

15 or equipment, if title is to be retained by the 

16 grant recipient. 

17 (D) During the final year of the four-year 

18 period, the grant recipient shall pay an amount 

19 equal to 20 percent of the proceeds of the sale, 

20 if the real property or equipment is sold, or 20 

21 percent of the market value of the real property 

22 or equipment, if title is to be retained by the 

23 grant recipient. 

24 (c) DIVESTITURE.—After the end of the four-year pe25 riod beginning on the date on which a grant provided 


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1 under the Alaska Kiln Drying Grant Program was closed, 

2 real property or equipment acquired using the grant funds 

3 may be retained or disposed of by the grant recipient with 

4 no further obligation to the Federal Government. 

Æ 


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