PUBLIC LAW 106-65—OCT. 5, 1999 113 STAT. 855 (b) 1988 LAW. —Section 204(b)(4) of the Defense Authorization Amendments and Base Closure and ReaUgnment Act (Public Law 100-526; 10 U.S.C. 2687 note) is amended— (1) in subparagraph (A)— (A) by inserting "or reahgned" after "closed"; and (B) by inserting "for purposes of job generation on the installation" before the period at the end; (2) by redesignating subparagraphs (C), (D), and (E) as subparagraphs (E), (F), and (I), respectively; (3) by striking subparagraph (B) and inserting the following new subparagraphs: "(B) The transfer of property of a military installation under subparagraph (A) shall be without consideration if the redevelopment authority with respect to the installation— "(i) agrees that the proceeds from any sale or lease of the property (or any portion thereof) received by the redevelopment authority during at least the first seven years after the date of the transfer under subparagraph (A) shall be used to support the economic redevelopment of, or related to, the installation; and "(ii) executes the agreement for transfer of the property and accepts control of the property within a reasonable time after the date of the property disposal record of decision or finding of no significant impact under the National Environmental Pohcy Act of 1969 (42 U.S.C. 4321 et seq.). "(C) For purposes of subparagraph (B), the use of proceeds from a sale or lease described in such subparagraph to pay for, or offset the costs of, public investment on or related to the installation for any of the following purposes shall be considered a use to support the economic redevelopment of, or related to, the installation: / "(i) Road construction. / "(ii) Transportation management facilities, "(iii) Storm and sanitary sewer construction, "(iv) Police and fire protection facilities and other public facilities. "(v) Utility construction. " (vi) Building rehabilitation, "(vii) Historic property preservation, "(viii) Pollution prevention equipment or facilities, "(ix) Demolition. "(x) Disposal of hazardous materials generated by demolition. "(xi) Landscaping, grading, and other site or public improvements. "(xii) Planning for or the marketing of the development and reuse of the installation. "(D) The Secretary may recoup from a redevelopment authority such portion of the proceeds from a sale or lease described in subparagraph (B) as the Secretary determines appropriate if the redevelopment authority does not use the proceeds to support economic redevelopment of, or related to, the installation for the period specified in subparagraph (B)."; (4) in subparagraph (E), as redesignated by paragraph (2)— (A) by striking "(i)"; and (B) by striking clause (ii); and
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