- June 17, 2015
- comments: 0
Local school systems would be able to lease property at military installations for less than fair market value, under a provision in the fiscal 2016 defense authorization bill now under debate in the Senate. The bill would amend 10 U.S.C. Section 2667 — the federal statute authorizing the enhanced use leasing program — to allow the military services to lease non-excess property for less than fair market value to a local education agency, or to an elementary or secondary school. The change is intended to help school systems that support military families, according to the committee report accompanying the legislation. The bill text, S. 1376, and committee report, S. Rpt. 114-49, are available on congress.gov.