INDUSTRIAL PLANT EQUIPMENT AND ASSOCIATED SERVICES AS IN-KIND CONSIDERATION UNDER LEASES OF NON-EXCESS PROPERTY.

SEC. 2844. INDUSTRIAL PLANT EQUIPMENT AND ASSOCIATED SERVICES AS IN-KIND CONSIDERATION UNDER LEASES OF NON-EXCESS PROPERTY. Section 2667(c)(1) of title 10, United States Code— (1) in subparagraph (A), by inserting before the period at the end the following: “, whether or not needed for the functionality of the property or facility leased”; (2) in subparagraph (F), by inserting before the period at the end the following: “, which may include industrial process optimization”; and (3) by adding at the end the following new subparagraphs: “(G) Refurbishment of existing industrial plant equipment on the leased property. “(H) Removal and replacement of industrial plant equipment on the leased property that is at or near end-of-life. “(I) Provision of new industrial plant equipment on the leased property (including new technology), installation of such equipment, and maintenance of such equipment, but only if the title to such equipment passes to the Federal Government.” .