50 U.S.C. · War and National Defense
50 U.S.C. § 2466

Use of funds for the purchase of options to purchase real property

Ch. 41 — NATIONAL NUCLEAR SECURITY ADMINISTRATION
Title 50 U.S.C. ● ACTIVE Primary Source Ch. 41
Statutory Text

50 U.S.C. § 2466 — Use of funds for the purchase of options to purchase real property

U.S.C. Title 50 - WAR AND NATIONAL DEFENSE 50 U.S.C. United States Code, 2023 Edition Title 50 - WAR AND NATIONAL DEFENSE CHAPTER 41 - NATIONAL NUCLEAR SECURITY ADMINISTRATION SUBCHAPTER V - MISCELLANEOUS PROVISIONS Sec. 2466 - Use of funds for the purchase of options to purchase real property From the U.S. Government Publishing Office, www.gpo.gov

§2466. Use of funds for the purchase of options to purchase real property

(a) Authority Subject to the limitation in subsection (b), funds authorized to be appropriated for the Administration for the purchase of real property may be expended to purchase options for the purchase of real property. (b) Limitation on price of options The price of any option purchased pursuant to subsection (a) may not exceed the minor construction threshold (as defined in section 2741 of this title). (c) Notice Not later than 14 days after the date an option is purchased pursuant to subsection (a), the Administrator shall submit to the congressional defense committees— (1) a notification of such purchase; and (2) a summary of the rationale for such purchase.

(Pub. L. 106–65, div. C, title XXXII, §3265, as added Pub. L. 117–263, div. C, title XXXI, §3119, Dec. 23, 2022, 136 Stat. 3055.)

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50 U.S.C. § 2466
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The statutory text of 50 U.S.C. § 2466 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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