Federal · Title 5 — Government Organization and Employees

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

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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; the employee finds a buyer who completes the purchase of the residence through the program; and the sale of the residence results in a reduced cost to the Government. The Administrator of General Services shall prescribe regulations to carry out this section. The regulations shall include a limitation on the maximum amount payable with respect to an employee’s residence. The Administrator shall establish the limitation in consultation with the Director of the Office of Management and Budget. For fiscal years 1997 and 1998, the maximum amount shall be the amount equal to five percent of the sale price of the residence.

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