Us Code § 31505 - Development of enhanced-use lease policy

Full text of Us Code United States Code § 31505 — Development of enhanced-use lease policy, with citation guidance and answers to common questions.

§ 31505. Development of enhanced-use lease policy

(a) In General.—The Administrator shall develop an agency-wide enhanced-use lease policy that—

(1) is based upon sound business practices and lessons learned from the demonstration centers; and

(2) establishes controls and procedures to ensure accountability and protect the interests of the Government.


(b) Contents.—The policy required by subsection (a) shall include the following:

(1) Criteria for determining economic value.—Criteria for determining whether enhanced-use lease provides better economic value to the Government than other options, such as—

(A) Federal financing through appropriations; or

(B) sale of the property.


(2) Security and access.—Requirement for the identification of proposed physical and procedural changes needed to ensure security and restrict access to specified areas, coordination of proposed changes with existing site tenants, and development of estimated costs of such changes.

(3) Measures of effectiveness.—Measures of effectiveness for the enhanced-use lease program.

(4) Accounting controls.—Accounting controls and procedures to ensure accountability, such as an audit trail and documentation to readily support financial transactions.

(Pub. L. 111–314, §3, Dec. 18, 2010, 124 Stat. 3377.)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
31505 42 U.S.C. 17829. Pub. L. 110–422, title XI, §1117, Oct. 15, 2008, 122 Stat. 4813.

Subtitle IV—Aeronautics and Space Research and Education

CHAPTER 401—AERONAUTICS

SUBCHAPTER I—GENERAL

Sec.
40101.
Definition of institution of higher education.
40102.
Governmental interest in aeronautics research and development.
40103.
Cooperation with other agencies on aeronautics activities.
40104.
Cooperation among Mission Directorates.

        

SUBCHAPTER II—HIGH PRIORITY AERONAUTICS RESEARCH AND DEVELOPMENT PROGRAMS

40111.
Fundamental research program.
40112.
Research and technology programs.
40113.
Airspace systems research.
40114.
Aviation safety and security research.
40115.
Aviation weather research.
40116.
University-based Centers for Research on Aviation Training.

        

SUBCHAPTER III—SCHOLARSHIPS

40131.
Aeronautics scholarships.

        

SUBCHAPTER IV—DATA REQUESTS

40141.
Aviation data requests.

        

SUBCHAPTER I—GENERAL

About This Section

51 U.S.C. § 31505 is part of Title 51 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.

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