Pub. L. 117-103, div. H, tit. V, sec. 530 (as amended)

SEC. 530. (a) An institution of higher education that received funds under paragraph (2) of section 18004(a) of the CARES Act (20 U.S.C. 3401 note; 134 Stat. 567), paragraph (2) of section 314(a) of the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (division M of Public Law 116-260; 134 Stat. 1932), or section 2003 of the American Rescue Plan Act of 2021 (Public Law 117-2; 135 Stat. 23) to the extent such funds are allocated (in accordance with such section) under paragraph (2) of section 314(a) of the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (134 Stat. 1932) may use such funds for the acquisition of real property or construction directly related to preventing, preparing for, and responding to coronavirus, provided that such use meets all other applicable requirements and limitations specified in such Acts appropriating such funds. (b) Amounts repurposed pursuant to this section that were previously designated by the Congress as an emergency requirement pursuant to section 251(b)(2)(A)(i) of the Balanced Budget and Emergency Deficit Control Act of 1985 are designated by the Congress as an emergency requirement pursuant to section 4001(a)(1) and section 4001(b) of S. Con. Res. 14 (117th Congress), the concurrent resolution on the budget for fiscal year 2022.