Page:United States Statutes at Large Volume 106 Part 3.djvu/816

 106 STAT. 2610 PUBLIC LAW 102-484—OCT. 23, 1992 (1) in the first sentence of paragraph (2), by striking out "in connection with facility maintenance and repair and environmental restoration at military installations in the United States." and inserting in lieu thereof the following: "in connection with— "(A) facility maintenance and repair and environmental restoration at military installations in the United States; and "(B) facility maintenance and repair and compliance with applicable environmental laws at military installations outside the United States that the Secretary anticipates will be occupied by the Armed Forces for a long period."; (2) by striking out the second sentence of paragraph (2); and (3) by adding at the end the following new paragraphs: "(3) Funds in the Department of Defense Overseas Facility Investment Recovery Account shall remain available until expended.". (b) PAYMENTS-IN-KIND. —Such section is further amended by adding at the end the following new subsection: "(e) NEGOTIATIONS FOR PAYMENTS-IN-KIND. —Before the Secretary of Defense enters into negotiations with a host country regarding the acceptance by the United States of any paymentin-kind in connection with the release to the host country of improvements made by the United States at military installations in the host country, the Secretary shall submit a written notice to the congressional defense committees containing a justification for entering into negotiations for payments-in-kind with the host country and the types of benefit options to be pursued by the Secretary in the negotiations." (c) ANNUAL REPORT ON OVERSEAS MILITARY FACILITY INVEST- MENT RECOVERY ACCOUNT. — Such section is further amended by adding after subsection (e), as added by subsection (b), the following new subsection: "(0 REPORT ON STATUS AND USE OF SPECIAL ACCOUNT.—Not later than January 15 of each year, the Secretary of Defense shall submit to the congressional defense committees a report on the operations of the Department of Defense Overseas Military Facility Investment Recovery Account during the preceding fiscal year and proposed uses of funds in the special account during the next fiscal year. The report shall include the following: "(1) The amount of each deposit in the account during the preceding fiscal year, and the source of the amount. "(2) The balance in the account at the end of that fiscal year. "(3) The amounts expended from the account by each military department during that fiscal year. "(4) With respect to each military installation for which money was deposited in the account as a result of the release of real property or improvements of the installation to a host country during that fiscal year— "(A) me total amount of the investment of the United States in the installation, expressed in terms of constant dollars of that fiscal year; "(B) the depreciated value (as determined by the Secretary of a military department under regulations to be prescribed by the Secretary of Defense) of the real property and improvements that were released; and

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