A bill to authorize the Secretary of Defense to eliminate any internal Department of Defense depreciated costs or cancel any internal Department debts associated with depots and arsenal from accounts of a military department or the Department that are associated with certain capital expenditures that no longer generate revenue due to mission changes.
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Summary
Based on the bill's title, this legislation would authorize the Secretary of Defense to eliminate depreciated costs and cancel internal debts within the Department of Defense related to military depots and arsenals. The bill would apply to capital expenditures that no longer generate revenue due to changes in military missions. This appears to be a financial housekeeping measure affecting DoD accounting practices.
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How your representatives voted
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