
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 42USC2326]

 
                 TITLE 42--THE PUBLIC HEALTH AND WELFARE
 
            CHAPTER 24--DISPOSAL OF ATOMIC ENERGY COMMUNITIES
 
               SUBCHAPTER II--LOTS, APPRAISALS, AND PRICES
 
Sec. 2326. Deductions from sales price


(a) Improvements

    In addition to any other deduction which may be permitted from the 
sales price for property, there shall, upon application by the 
prospective purchaser, be deducted the amount by which the current fair 
market value of the Government's interest in the premises is enhanced as 
a result of improvements to the premises made by, or at the expense of, 
the prospective purchaser: Provided, That, with reference to commercial 
property, the improvement credit allowed shall be the value of the 
enhancement of the Government's interest in the property, as determined 
by the Commission on the basis of the appraisal provided for under 
section 2322 of this title: Provided further, That such credit shall be 
reduced to the extent that lessee has been previously compensated 
therefor, as determined by the Commission, under the terms of the lease 
or otherwise.

(b) Improvements by occupant of single family or duplex house

    An occupant of a single family or duplex house shall, upon 
application therefor, be entitled to a credit, against the purchase 
price of any residential property purchased through the exercise of a 
priority right established under the provisions of section 2332 of this 
title, for the amount by which the current fair market value of the 
Government's interest in the single family or duplex house of which he 
was an occupant is enhanced as a result of improvements to the premises 
of such single family or duplex house made by, or at the expense of, 
such occupant.

(c) Determination of value of improvements

    The value of the improvements as specified in subsections (a) and 
(b) of this section shall be determined in accordance with the 
provisions of section 2322 of this title.

(d) Additional deduction to persons purchasing property without benefit 
        of indemnity provisions

    Persons purchasing property pursuant to the provisions of section 
2342 of this title, who do not desire to avail themselves of the 
indemnity provisions contained in sections 2363 to 2366 of this title, 
shall be entitled to an additional deduction of 10 per centum of the 
appraised value of the property in addition to any other deduction set 
forth in this section.

(Aug. 4, 1955, ch. 543, ch. 3, Sec. 36, 69 Stat. 474; July 25, 1956, ch. 
731, Sec. 1, 70 Stat. 653; Pub. L. 87-719, Sec. 6, Sept. 28, 1962, 76 
Stat. 664.)


                               Amendments

    1962--Subsec. (b). Pub. L. 87-719 substituted authorization of a 
credit for improvements by occupant of single family or duplex house for 
such improvements by junior occupant of duplex house.
    1956--Subsec. (a). Act July 25, 1956, authorized an improvement 
credit for commercial property.

                          Transfer of Functions

    Atomic Energy Commission abolished and functions transferred by 
sections 5814 and 5841 of this title. See also Transfer of Functions 
notes set out under those sections.

                  Section Referred to in Other Sections

    This section is referred to in sections 2325, 2348, 2363 of this 
title.
