Pub. L. 110-161, div. B, tit. V, sec. 533

Sec. 533. (a) Subsection (a) of section 315 of the National Aeronautics and Space Administration Act of 1958 (42 U.S.C. 2459j) is amended—(1) by striking “Notwithstanding any other provision of law, the Administrator” and inserting “The Administrator”; and(2) by striking “any real property” and inserting “any non-excess real property and related personal property”; and(3) by striking “at no more than two (2) National Aeronautics and Space Administration (NASA) centers”.(b) Subsection (b) of such section is amended—(1) in paragraph (1), by striking “consideration” and all that follows through the end of the paragraph and inserting “cash consideration for the lease at fair market value as determined by the Administrator.”;(2) by striking paragraph (2);(3) by redesignating paragraph (3) as paragraph (2); and(4) in paragraph (2), as redesignated by paragraph (3) of this subsection—(A) in subparagraph (B), by striking “maintenance” and all that follows through “centers selected for this demonstration program” and inserting “capital revitalization and construction projects and improvements of real property assets and related personal property under the jurisdiction of the Administrator”; and(B) by adding at the end the following new subparagraph:“(C) Amounts utilized under subparagraph (B) may not be utilized for daily operating costs.”.(c) Subsection (e) of such section is amended—(1) by striking “Lease Restrictions.—NASA” and inserting the following: “Lease Restrictions.—“(1) NASA”; and(2) by adding at the end the following new paragraph:121 STAT. 1932 “(2) NASA is not authorized to enter into an out-lease under this section unless the Administrator certifies that such out-lease will not have a negative impact on NASA’s mission.”.(d) Such section is further amended by adding at the end the following new subsection (f):“(f) Sunset.—The authority to enter into leases under this section shall expire on the date that is ten years after the date of the enactment of the Commerce, Justice, Science, and Related Agencies Appropriations Act of 2008. The expiration under this subsection of authority to enter into leases under this section shall not affect the validity or term of leases or NASA’s retention of proceeds from leases entered into under this section before the date of the expiration of such authority.”.(e) The heading of such section is amended by striking “Enhanced-use lease of real property demonstration” and inserting “Lease of non-excess property”.(f) This section shall become effective on December 31, 2008.