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US S21

US S21
A bill to extend the period of the temporary authority to extend contracts and leases under the ARMS Initiative.


summary

Introduced
01/22/2021
In Committee
01/22/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To extend the period of the temporary authority to extend contracts and leases under the ARMS Initiative.

AI Summary

This bill extends the period of the temporary authority to extend contracts and leases under the ARMS (Alternative Reinvestment and Modification of Surplus) Initiative from the current expiration date of five years after the enactment of the National Defense Authorization Act for Fiscal Year 2016 to November 25, 2025. The ARMS Initiative allows the Department of Defense to extend contracts and leases for certain military equipment and facilities, providing flexibility in managing these assets.

Committee Categories

Military Affairs and Security

Sponsors (2)

Last Action

Read twice and referred to the Committee on Armed Services. (on 01/22/2021)

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