HARRY HUGHES, Governor                              2693

(5) DESTRUCTION, ONLY WHEN NO VALUE OF ANY KIND
CAN BE REALIZED, AND WITH THE AGENCY WHICH HAS DECLARED IT
EXCESS ABSORBING ANY DESTRUCTION COSTS.

(D) THE SECRETARY OF GENERAL SERVICES, BY RULE OR
REGULATION, MAY DELEGATE SURPLUS PROPERTY DISPOSAL
ACTIVITIES TO OTHER STATE AGENCIES.

236.

(A) (1) EXCEPT AS PROVIDED IN PARAGRAPH (2) OF THIS
SUBSECTION, MONEYS RECEIVED FROM THE AUCTION OR SALE OF A
SURPLUS ITEM SHALL BE DEPOSITED IN THE STATE'S GENERAL FUND
AND MAY NOT BE CREDITED TO THE AGENCY'S ACCOUNT UNLESS
APPROVED BY THE DEPARTMENT OF BUDGET AND FISCAL PLANNING.

(2) MONEY RECEIVED FROM THE AUCTION OR SALE OF A
SURPLUS ITEM WHICH WAS PURCHASED WITH:

(I)  REVENUE PROCEEDS SHALL BE DEPOSITED IN
THE APPROPRIATE SPECIAL FUND;

(II)  BOND MONEY SHALL BE DEPOSITED IN THE
ANNUITY BOND FUND; AND

(III)  FEDERAL MONEY SHALL BE DISBURSED IN
ACCORDANCE WITH THE GOVERNING FEDERAL REGULATIONS.

(B)  IF THE DEPARTMENT OF GENERAL SERVICES TRADES-IN A
SURPLUS ITEM ON A REPLACEMENT ITEM FOR THE AGENCY WHICH HAS
DECLARED THE ITEM EXCESS, CREDIT SHALL BE GIVEN IN THE FORM
OF A REDUCED COST FOR THE REPLACEMENT ITEM.

237.

(A)  IF AN AGENCY REQUISITIONS A NONEXPENDABLE ITEM
WHICH IS TO SERVE AS A REPLACEMENT FOR AN EXISTING ITEM, THE
EXISTING ITEM SHALL BE DECLARED EXCESS, UNLESS THIS
REQUIREMENT IS WAIVED BY THE DEPARTMENT OF BUDGET AND FISCAL
PLANNING.

(B)  A DECLARATION OF EXCESS PROPERTY MUST BE SUBMITTED
TO THE DEPARTMENT OF GENERAL SERVICES WITH THE PURCHASE
REQUISITION FOR THE REPLACEMENT ITEM.

238.

THE DEPARTMENT OF GENERAL SERVICES MAY USE A
SERVICEABLE EXCESS ITEM TO SATISFY THE REQUIREMENTS OF A
PURCHASE REQUISITION, PROVIDED THAT THE ITEM IS FUNCTIONAL,
SERVICEABLE, AND SATISFIES THE NEED OF THE REQUISITIONING
AGENCY.

239.