5 U.S.C. § 5756 - Home marketing incentive payment

Cite as:5 U.S.C. § 5756
Currency:Current through P.L. 116-65 (10/09/2019)
 
FREE EXCERPT

(a) Under regulations prescribed under subsection (b), an agency may pay to an employee who transfers in the interest of the Government an amount to encourage the employee to aggressively market the employee's residence at the official station from which transferred when-

(1) the residence is entered into a relocation services program established under a contract in accordance with section 5724c of this title to arrange for the purchase of the residence;

(2) the employee finds a buyer who completes the purchase of the residence through the program; and

(3) the sale of the residence results in a reduced cost to the Government.

(b)

(1) The Administrator of General Services shall prescribe regulations to carry out this section.

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