One Hundred Seventeenth Congress of the United States of America
At the Second Session
Begun and held at the City of Washington on Monday, the third day of January, two thousand and twenty-two
H. R. 2220
To amend title 40, United States Code, to modify the treatment of certain bargain-price options to purchase at less than fair market value, and for other purposes.
Limitation on discounted purchase options
Section 585 of title 40, United States Code, is amended by adding at the end the following:
Any bargain-price option to purchase at less than fair market value contained in any lease agreement entered into on or after January 1, 2021, pursuant to this section may be exercised only to the extent specifically provided for in subsequent appropriation Acts or other Acts of Congress.
Speaker of the House of Representatives.
Vice President of the United States and President of the Senate.