(a) Authority to Acquire Leaseholds.— The Secretary of Defense may acquire a leasehold interest in real property if the Secretary determines that the acquisition of such interest is necessary in the interests of national security to facilitate special operations activities of forces of the special operations command established pursuant to section
167 of this title.
(b) Limitations on Authority.—
(1) The Secretary may not acquire a leasehold interest in any real property under subsection (a) if the estimated annual rental cost of that real property exceeds $500,000.
(2) The Secretary may not acquire more than five leasehold interests in real property under subsection (a) during a fiscal year.
(3) The term of a leasehold interest acquired under this section shall not exceed one year.
(c) Construction or Modification of Facility on Leasehold.—
The Secretary may provide in a lease entered into under this section for the construction or modification of any facility on the leased property in order to facilitate the activities referred to in subsection (a). The total cost of the construction or modification of such facility may not exceed $750,000 in any fiscal year.
(d) Expiration of Authority.—
The authority of the Secretary of Defense to acquire a leasehold interest in real property under this section shall expire on September 30, 2005. The expiration of that authority shall not affect the validity of any contract entered into under this section on or before that date.
