Department of Defense
Office of the Secretary
- 32 CFR Part 172
- [Docket ID: DOD-2018-OS-0044]
- RIN 0790-AK30
AGENCY:
Office of the Under Secretary of Defense (Comptroller), DoD.
ACTION:
Final rule.
SUMMARY:
This final rule removes DoD's regulation that provides instructions to DoD Components on the collection and disposition of cash and cash equivalents received for the sale of DoD surplus personal property. Proceeds from the sale of surplus personal property shall be deposited by the collecting DoD Component promptly to a U.S. Treasury account. Process instructions are conveyed directly to potential buyers and bidders when invitation for bids are distributed or published. Therefore, this rule is unnecessary and can be removed from the CFR.
DATES:
This rule is effective on April 7, 2020.
FOR FURTHER INFORMATION CONTACT:
Kellie Allison at 703-614-0410.