Sec. 363. Modification to minimum capital investment for certain depots
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Section 2476 of title 10, United States Code, is amended— in subsection (a)— by striking six and inserting eight ; and by adding at the end the following new sentence: Of such total amount required to be invested, an amount equal to not less than two percent of such average total for the preceding three fiscal years shall be invested from funds authorized for Facilities Sustainment, Restoration, and Modernization activities of the military department. ; and in subsection (b), by inserting including through the rebuilding of property following the end of the economic useful life of the property and the restoration of property or equipment to like-new condition, after operations, ; by redesignating subsections
(c)through
(e)as subsections
(d)through (f); and by inserting after subsection
(b)the following new subsection: In identifying amounts to invest pursuant to the requirement under subsection (a), the Secretary of a military department shall comply with all applicable requirements of sections 129 and 129a of this title. . Section 2861(b) of such title is amended by striking subsection
(e)of section 2476 and inserting subsection
(f)of section 2476 . The amendments made by subsection
(a)shall apply with respect to fiscal years beginning on or after October 1, 2023.