Public Law 119-73 (01/23/2026)

16 U.S.C. § 79g

Contract authorization within prescribed cost limits; installments: duration, interest; provisions for payment of judgments and compromise settlements applicable to judgments against United States

(a)
section 3171 of title 40 Notwithstanding any other provision of law, the Secretary shall have the same authority with respect to contracts for the acquisition of land and interests in land for the purposes of this subchapter as was given the Secretary of the Treasury for other land acquisitions by , and the Secretary and the owner of land to be acquired under this subchapter may agree that the purchase price will be paid in periodic installments over a period that does not exceed ten years, with interest on the unpaid balance thereof at a rate which is not in excess of the current average market yield on outstanding marketable obligations of the United States with remaining periods to maturity comparable to the average maturities on the installments.
(b)
section 79c of this titlesection 1304 of title 31section 2414 of title 28 Judgments against the United States, including final partial judgments and compromise settlements of claims referred to the Attorney General for defense of suits against the United States, for amounts in excess of the deposit in court in actions under shall be paid in accordance with the provisions of , and . Final partial judgments and compromise settlements are payable only after certification by the Attorney General to the Comptroller General that it is in the interest of the United States to do so.

Pub. L. 90–545, § 782 Stat. 934Pub. L. 99–151, title II, § 20399 Stat. 807(, , ; , , .)

Editorial Notes

Codification

Section 3171 of title 40section 34 of the Act of May 30, 190835 Stat. 54540 U.S.C. 261Pub. L. 107–217, § 5(c)116 Stat. 1303“” substituted in subsec. (a) for “ (; )” on authority of , , , the first section of which enacted Title 40, Public Buildings, Property, and Works.

Amendments

Pub. L. 99–151section 79c of this titlesection 2517 of title 281985—Subsec. (b). , in amending subsec. (b) generally, inserted provisions relating to final partial judgments and compromise settlements, substituted reference to actions under for reference to condemnation actions, and deleted reference to .