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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 41 - Public Contracts and Property Management |
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Subtitle C - Federal Property Management Regulations System |
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Chapter 101 - Federal Property Management Regulations |
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SubChapter H - Utilization and Disposal |
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Part 101-49 - Utilization, Donation, and Disposal of Foreign Gifts and Decorations |
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Subpart 101-49.2 - Utilization of Foreign Gifts and Decorations |
§ 101-49.201-2 - Gifts and decorations not to be reported.
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(a) The following gifts and decorations shall not be reported to GSA:
(1) Gifts and decorations returned to the donor;
(2) Gifts and decorations below the minimal value deposited by the employee recipient with the employing agency or retained by the employee recipient with the approval of the employing agency;
(3) Gifts and decorations above minimal value retained by the employing agency for official use, except upon termination of the official use;
(4) Intangible gifts, including checks, money orders, bonds, shares of stock, and other securities and negotiable instruments (see § 101-49.205);
(5) Cash, currency, and money, except those with possible historic or numismatic value (see § 101-49.205); and
(6) Gifts and decorations received by a Senator or an employee of the Senate disposed of by the Commission on Art and Antiquities of the United States (see § 101-49.106).
(b) Gifts and decorations covered by paragraphs (a) (1), (2), and (3) of this section will be handled in accordance with employing agency regulations.