Enhanced use property pilot program

Section 504 of title 14, United States Code, is amended— (1) in subsection (a)(13) by striking five years and inserting 30 years; and (2) by adding at the end the following: (g) Additional provisions (1) In general Amounts received under subsection (a)(13) shall be— (A) in addition to amounts otherwise available for the activities described in subsection (a)(13) for any fiscal year; and (B) available until expended. (2) Consideration (A) In general Except as provided in subparagraph (B), a person or entity entering into a contractual agreement under this section shall provide consideration for the contractual agreement at fair market value, as determined by the Commandant. (B) Exception In the case of a contractual agreement under this section between the Coast Guard and any other Federal department or agency, the Federal department or agency concerned shall provide consideration for the contractual agreement that is equal to the full cost borne by the Coast Guard in connection with completing such contractual agreement. (C) Forms Consideration under this subsection may take any of the following forms: (i) The payment of cash. (ii) The maintenance, construction, modification, or improvement of existing or new facilities on real property under the jurisdiction of the Commandant. (iii) The use by the Coast Guard of facilities on the property concerned. (iv) The provision of services, including parking, telecommunications, and environmental remediation and restoration of real property under the jurisdiction of the Commandant. (v) Any other consideration the Commandant considers appropriate. (vi) A combination of any forms described in this subparagraph. (3) Sunset The authority under paragraph (13) of subsection (a) shall expire on December 31, 2030. The expiration under this paragraph of authority under paragraph (13) of subsection (a) shall not affect the validity or term of contractual agreements under such paragraph or the retention by the Commandant of proceeds from such agreements entered into under such subsection before the expiration of the authority..