CLARIFICATION OF THE AUTHORITY OF THE SECRETARIES OF THE MILITARY DEPARTMENTS TO LEASE NONEXCESS PROPERTY.

SEC. 2862. CLARIFICATION OF THE AUTHORITY OF THE SECRETARIES OF THE MILITARY DEPARTMENTS TO LEASE NONEXCESS PROPERTY. (a) Lease Conditions.—Subsection (b) of section 2667 of title 10, United States Code, is amended— (1) in paragraph (3)— (A) by striking out “must” and inserting in lieu thereof “shall”; and (B) by striking out “and” at the end of that paragraph; (2) by redesignating paragraph (4) as paragraph (5); (3) by inserting after paragraph (3) the following new paragraph: “(4) shall provide for the payment (in cash or in kind) by the lessee of consideration in an amount that is not less than the 105 STAT. 1560fair market value of the lease interest, as determined by the Secretary; and”; and (4) in paragraph (5) (as redesignated by paragraph (2))— (A) by inserting “improvement,” before “maintenance”; and (B) by inserting “the payment of’ before “part or all”. (b) Technical Amendment.—Subsection (d)(3) of such section is amended— (1) by striking out subparagraph (A); (2) by striking out “(B) As part of the request for authorizations of appropriations to such Committees for each fiscal year after fiscal year 1992” and inserting in lieu thereof the following: “As part of the request for authorizations of appropriations submitted to the Committees on Armed Services of the Senate and House of Representatives for each fiscal year”; and (3) by redesignating clauses (i) and (ii) as subparagraphs (A) and (B), respectively.