Page:United States Statutes at Large Volume 114 Part 3.djvu/459

 PUBLIC LAW 106-398—APPENDIX 114 STAT. 1654A-417 "(4) In the case of a lease for which all or part of the consideration proposed to be accepted by the Secretary concerned under this subsection is in-kind consideration with a value in excess of $500,000, the Secretary concerned may not enter into the lease until 30 days after the date on which a report on the facts of the lease is submitted to the congressional defense committees."; and (4) in subsection (f)— (A) by striking paragraph (4); and (B) by redesignating paragraph (5) as paragraph (4). (c) USE OF PROCEEDS. —Subsection (d)(1) of such section is amended to read as follows: "(d)(1)(A) The Secretary of a military department shall deposit in a special account in the Treasury established for such military department the following: "(i) All money rentals received pursuant to leases entered into by that Secretary under this section. "(ii) All proceeds received pursuant to the granting of easements by that Secretary under sections 2668 and 2669 of this title. "(iii) All proceeds received by that Secretary from authorizing the temporary use of other property under the control of that military department. "(B) Subparagraph (A) does not apply to the following proceeds: "(i) Amounts paid for utilities and services furnished lessees by the Secretary of a military department pursuant to leases entered into under this section. "(ii) Money rentals referred to in paragraph (4) or (5). "(C) Subject to subparagraphs (D) and (E), the proceeds deposited in the special account of a military department pursuant to subparagraph (A) shall be available to the Secretary of that military department, in such amounts as provided in appropriation Acts, for the following: "(i) Maintenance, protection, alteration, repair, improvement, or restoration (including environmental restoration) of property or facilities. "(ii) Construction or acquisition of new facilities, "(iii) Lease of facilities. "(iv) Facilities operation support. "(D) At least 50 percent of the proceeds deposited in the special account of a military department under subparagraph (A) shall be available for activities described in subparagraph (C) only at the military installation where the proceeds were derived. "(E) The Secretary concerned may not expend under subparagraph (C) an amount in excess of $500,000 at a single installation until 30 days after the date on which a report on the facts of the proposed expenditure is submitted to the congressional defense committees.". (d) CONGRESSIONAL NOTIFICATION.—Subsection (d)(3) of such section is amended— (1) in the matter preceding subparagraph (A), by striking "As part" and all that follows through "Secretary of Defense" and inserting "Not later than March 15 each year, the Secretary of Defense shall submit to the congressional defense committees a report which"; and (2) in subparagraph (A), by striking "request" and inserting "report".

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