[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2220 Enrolled Bill (ENR)]

        H.R.2220

                    One Hundred Seventeenth Congress

                                 of the

                        United States of America


                          AT THE SECOND SESSION

           Begun and held at the City of Washington on Monday,
          the third day of January, two thousand and twenty-two


                                 An Act


 
   To amend title 40, United States Code, to modify the treatment of 
   certain bargain-price options to purchase at less than fair market 
                     value, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,
SECTION 1. LIMITATION ON DISCOUNTED PURCHASE OPTIONS.
    Section 585 of title 40, United States Code, is amended by adding 
at the end the following:
    ``(d) Any bargain-price option to purchase at less than fair market 
value contained in any lease agreement entered into on or after January 
1, 2021, pursuant to this section may be exercised only to the extent 
specifically provided for in subsequent appropriation Acts or other 
Acts of Congress.''.

                               Speaker of the House of Representatives.

                            Vice President of the United States and    
                                               President of the Senate.