110 STAT. 2754
PUBLIC LAW 104-201—SEPT. 23, 1996
SEC. 1713. MODIFICATION OF RESIDENCE TRANSACTION EXPENSES
ALLOWANCE.
(a) EXPENSES OF SALE.— Section 5724a of title 5, United States
Code, as amended by section 1712, is further amended by adding
at the end the following new subsection:
"(d)(1) An agency shall pay to or on behalf of an employee
who transfers in the interest of the Government, expenses of the
sale of the residence (or the settlement of an unexpired lease)
of the employee at the old official station and purchase of a residence
at the new official station that are required to be paid by the
employee, when the old and new official stations are located within
the United States.
"(2) An agency shall pay to or on behalf of an employee who
transfers in the interest of the Government from a post of duty
located outside the United States to an official station within the
United States (other than the official station within the United
States from which the employee was transferred when assigned
to the foreign tour of duty)—
"(A) expenses required to be paid by the employee for
the sale of the residence (or the settlement of an unexpired
lease) of the employee at the old official station from which
the employee was transferred when the employee was assigned
to the post of duty located outside the United States; and
"(B) expenses required to be paid by the employee for
the purchase of a residence at the new official station within
the United States.
"(3) Reimbursement of expenses under paragraph (2) of this
subsection shall not be allowed for any sale (or settlement of an
unexpired lease) or purchase transaction that occurs prior to official
notification that the employee's return to the United States would
be to an official station other than the official station from which
the employee was transferred when assigned to the post of duty
outside the United States.
"(4) Reimbursement for brokerage fees on the sale of the residence and other expenses under this subsection may not exceed
those customarily charged in the locality where the residence is
located.
"(5) Reimbursement may not be made under this subsection
for losses incurred by the employee on the sale of the residence.
Applicability.
"(6) This subsection applies regardless of whether title to the
residence or the unexpired lease is—
"(A) in the name of the employee alone;
"(B) in the joint names of the employee and a member
of the employee's immediate family; or
"(C) in the name of a member of the employee's immediate
family alone.
"(7)(A) In connection with the sale of the residence at the
old official station, reimbursement under this subsection shall not
exceed 10 percent of the sale price.
"(B) In connection with the purchase of a residence at the
new official station, reimbursement under this subsection shall
not exceed 5 percent of the purchase price.".
(b) RELOCATION SERVICES. —Section 5724c of title 5, United
State Code, is amended to read as follows:
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