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.

Bill: 113-s-2936
Sponsor: full_name: Sen. Scott, Tim [R-SC]
Introduced: 2014-11-18
Policy area: Armed Forces and National Security
Subjects: Educational facilities and institutions

Elementary and secondary education

Military facilities and property
Latest action: action_date: 2014-11-18
text: Read twice and referred to the Committee on Armed Services.

Summaries:
action_date: 2014-11-18
action_desc: Introduced in Senate
text: <p>Authorizes the Department of Defense (DOD) to lease non-excess military property to local educational agencies or elementary or secondary schools at or below fair market value or for no consideration.</p>

tv_txt: II 113th CONGRESS 2d Session S. 2936 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.

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. .