# § 3252. Transfer of Federal equity in State employment security agency real property to the States
**(a)** **Transfer of Federal equity** 42 U.S.C. 50129 U.S.C. 49
Notwithstanding any other provision of law, any Federal equity acquired in real property through grants to States awarded under title III of the Social Security Act ( et seq.) or under the Wagner-Peyser Act ( et seq.) is transferred to the States that used the grants for the acquisition of such equity. The portion of any real property that is attributable to the Federal equity transferred under this section shall be used to carry out activities authorized under this Act, title III of the Social Security Act, or the Wagner-Peyser Act. Any disposition of such real property shall be carried out in accordance with the procedures prescribed by the Secretary and the portion of the proceeds from the disposition of such real property that is attributable to the Federal equity transferred under this section shall be used to carry out activities authorized under this Act, title III of the Social Security Act, or the Wagner-Peyser Act.
**(b)** **Limitation on use** February 15, 2007
A State shall not use funds awarded under this Act, title III of the Social Security Act, or the Wagner-Peyser Act to amortize the costs of real property that is purchased by any State on or after .
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**Source Credit**: (Pub. L. 113–128, title I, § 192, July 22, 2014, 128 Stat. 1604.)
## Editorial Notes
### References in Text
The Social Security Act, referred to in text, is , . Title III of the Act is classified generally to subchapter III (§ 501 et seq.) of chapter 7 of Title 42, The Public Health and Welfare. For complete classification of this Act to the Code, see and Tables.
The Wagner-Peyser Act, referred to in text, is , , which is classified generally to chapter 4B (§ 49 et seq.) of this title. For complete classification of this Act to the Code, see Short Title note set out under and Tables.
This Act, referred to in text, is , , , known as the Workforce Innovation and Opportunity Act, which enacted this chapter, repealed chapter 30 (§ 2801 et seq.) of this title and chapter 73 (§ 9201 et seq.) of Title 20, Education, and made amendments to numerous other sections and notes in the Code. For complete classification of this Act to the Code, see Short Title note set out under and Tables.
## Statutory Notes and Related Subsidiaries
### Effective Date
Section effective on the first day of the first full program year after (), see , set out as a note under .