§ 2453. Transfer of related functions to Administration

(a) Functions of other departments and agencies; transfer of records, etc.
Subject to the provisions of this section, the President, for a period of four years after July 29, 1958, may transfer to the Administration any functions (including powers, duties, activities, facilities, and parts of functions) of any other department or agency of the United States, or of any officer or organizational entity thereof, which relate primarily to the functions, powers, and duties of the Administration as prescribed by section 2473 of this title. In connection with any such transfer, the President may, under this section or other applicable authority, provide for appropriate transfers of records, property, civilian personnel, and funds.
(b) Transfers prior to January 1, 1959; report to Congress
Whenever any such transfer is made before January 1, 1959, the President shall transmit to the Speaker of the House of Representatives and the President pro tempore of the Senate a full and complete report concerning the nature and effect of such transfer.
(c) Transfers after December 31, 1958; report to Congress; approval of Congress
After December 31, 1958, no transfer shall be made under this section until
(1) a full and complete report concerning the nature and effect of such proposed transfer has been transmitted by the President to the Congress, and
(2) the first period of sixty calendar days of regular session of the Congress following the date of receipt of such report by the Congress has expired without the adoption by the Congress of a concurrent resolution stating that the Congress does not favor such transfer.