In CommitteeFiled Aug 6, 2026
Sponsor: Sen. Cornyn, John [R-TX] (R)
Latest Action
Read twice and referred to the Committee on Armed Services.
Aug 6, 2026
Summary
The bill lets the Secretary of Defense cancel depreciated costs and internal debts for depots and arsenals when the related capital investments no longer generate revenue because missions have changed. It would affect how the Department of Defense records and manages those internal financial obligations.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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