Pub. L. 92-145, tit. VII, sec. 707

Sec. 707. Chapter 159 of title 10, United States Code, is amended as follows: (1) Section 2674(a) is amended by adding immediately before the period at the end thereof “or for a project which the Secretary of a military department determines will, within three years following completion of the project, result in savings in maintenance and operation costs in excess of the cost of the project”. (2) The catchline and text of section 2672, and the corresponding item in the analysis are amended by striking out “$25,000” wherever it appears and inserting in place thereof “$50,000”. (3) Section 2672 is amended by adding the following new sentence at the end thereof: “The authority to acquire an interest in land under 85 Stat. 412 this section includes authority to make surveys and acquire interests in land (including temporary use), by gift, purchase, exchange of land owned by the United States, or otherwise.”. (4) Section 2677 (b) is amended by deleting the last sentence thereof. (5) Section 2662 is amended by deleting subsection (a)(3) and inserting in its place the following new subsection: “(3) A lease or license of real property owned by the United States, if the estimated annual fair market rental value of the property is more than $50,000.”