LEASES OF LAND ON FEDERAL FACILITIES FOR CREDIT UNIONS.

SEC. 501. LEASES OF LAND ON FEDERAL FACILITIES FOR CREDIT UNIONS.(a) In General.—Section 124 of the Federal Credit Union Act (12 U.S.C. 1770) is amended—(1) by striking “Upon application by any credit union” and inserting “Notwithstanding any other provision of law, upon application by any credit union”;(2) by inserting “on lands reserved for the use of, and under the exclusive or concurrent jurisdiction of, the United States or” after “officer or agency of the United States charged with the allotment of space”;(3) by inserting “lease land or” after “such officer or agency may in his or its discretion”; and(4) by inserting “or the facility built on the lease land” after “credit union to be served by the allotment of space”.(b) Clerical Amendment.—The section heading for section 124 of the Federal Credit Union Act (12 U.S.C. 1770) is amended by inserting “or federal land” after “buildings”.120 STAT. 1975