; or (2) the Solid Waste Disposal Act ( 42 U.S.C. 6901 et seq.). . 9. Allocation of proceeds Section 22 of the Federal Assets Sale and Transfer Act of 2016 ( 40 U.S.C. 1303 note; Public Law 114–287 ) (as redesignated by section 7(a)) is amended to read as follows: 22. Allocation of proceeds (a) In general Section 571 of title 40, United States Code, is amended by striking subsections (a) and (b) and inserting the following: (a) Proceeds from transfer or sale of real property Net proceeds described in subsection (b) shall be deposited as miscellaneous receipts in the general fund of the Treasury. (b) Net proceeds The net proceeds described in this subsection are proceeds under this chapter, less expenses of the transfer or disposition as provided in section 572(a), from a sale, lease, or other disposition of surplus real property. . (b) Effective date The amendments made by this section shall take effect on the date on which the Board is terminated pursuant to section 10 and shall not apply to proceeds from transactions conducted under section 15. . 10. Congressional approval of proposed projects Section 3307(b) of title 40, United States Code, is amended— (1) in paragraph (7), by striking and at the end; (2) in paragraph (8), by striking the period at the end and inserting a semicolon; and (3) adding at the end the following: (9) for all proposed leases, including operating leases, the amount of the net present value of— (A) the total estimated legal obligations of the Federal Government over the life of the contract; and (B) the cost of constructing new space