Pub. L. 111-383, div. B, tit. XXVIII, subtit. B, sec. 2813

LIMITATION ON ENHANCED USE LEASES OF NON-EXCESS PROPERTY.

EnactedYear: 2011Length: 143 wordsOfficial source
SEC. 2813. LIMITATION ON ENHANCED USE LEASES OF NON-EXCESS PROPERTY.(a) In General.—Section 2667(b)(7) of title 10, United States Code, is amended by striking the period at the end and inserting “, or otherwise commit the Secretary concerned or the Department of Defense to annual payments in excess of such amount.”.(b) Armed Forces Retirement Home.—Section 1511(i)(2) of the Armed Forces Retirement Home Act of 1991 (24 U.S.C. 411(i)(2)) is amended—(1) in subparagraph (D), by striking “; and” and inserting a semicolon;(2) in subparagraph (E), by striking the period at the end and inserting “; and”; and(3) by adding at the end the following new subparagraph:“(F) may not provide for a leaseback by the Retirement Home with an annual payment in excess of $100,000, or otherwise commit the Retirement Home or the Department of Defense to annual payments in excess of such amount.”.124 STAT. 4464
Pub. L. 111-383, div. B, tit. XXVIII, subtit. B, sec. 2813: LIMITATION ON ENHANCED USE LEASES OF NON-EXCESS PROPERTY. | Justis AI