Modifications to authorities of Industrial Base Fund

(a) Exclusion of authority for equity investments Section 4817 of title 10, United States Code, is amended— (1) by redesignating subsections (k) through (m) as subsections (l) through (n), respectively; and (2) by inserting after subsection (j) the following new subsection (k): (k) Exclusion of authority for equity investments The Secretary may not use any authority provided by this section to enter into an equity investment (as defined in section 149). Section 149 provides the sole authority for entering into equity investments under this title.. (b) Repeal of limitation on use of certain funds and sunset Section 867 of the National Defense Authorization Act for Fiscal Year 2026 (Public Law 119–60; 139 Stat. 996) is amended by striking subsections (b) and (d).