[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[S. 2936 Introduced in Senate (IS)]

113th CONGRESS
  2d Session
                                S. 2936

 To provide that in the case of leases to local education agencies and 
elementary and secondary schools, consideration may be at or below fair 
                 market value or for no consideration.


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                   IN THE SENATE OF THE UNITED STATES

                           November 18, 2014

   Mr. Scott introduced the following bill; which was read twice and 
              referred to the Committee on Armed Services

_______________________________________________________________________

                                 A BILL


 
 To provide that in the case of leases to local education agencies and 
elementary and secondary schools, consideration may be at or below fair 
                 market value or for no consideration.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. LEASING OF NON-EXCESS PROPERTY OF MILITARY DEPARTMENTS AND 
              DEFENSE AGENCIES; TREATMENT OF VALUE PROVIDED BY LOCAL 
              EDUCATION AGENCIES AND ELEMENTARY AND SECONDARY SCHOOLS.

    Section 2667 of title 10, United States Code, is amended by adding 
at the end the following new subsection:
    ``(k) Leases for Education.--In the case of a lease under this 
section to a local education agency or an elementary or secondary 
school (as those terms are defined in section 9101 of the Elementary 
and Secondary Education Act of 1965 (20 U.S.C. 7801)), consideration 
may be at or below fair market value or for no consideration.''.
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