Browse Arkansas Code titles and sections
10 U.S.C. § 3675 — Capital lease or lease-purchase treated as an acquisition
Federal law — U.S. Code and appendices · legal_authorities
**(a) In General.—** If a lease or charter covered by this chapter is a capital lease or a lease-purchase—
(1) the lease or charter shall be treated as an acquisition and shall be subject to all applicable statutory and regulatory requirements for the acquisition of aircraft, naval vessels, or combat vehicles; and
(2) funds appropriated to the Department of Defense for operation and maintenance may not be obligated or expended for the lease or charter.
**(b) Definitions.—** In this section, the terms “capital lease” and “lease-purchase” have the meanings given those terms in Appendix B to Office of Management and Budget Circular A–11, as in effect on January 6, 2006.
Source: Supplied U.S. Code snapshot — release unconfirmed · 10 U.S.C. § 3675
Stored review status: release_metadata_unconfirmed. A text match is a research starting point; applicability is not established.
Original supplied file — preserved unchanged
Download original Markdown file
File SHA-256: 68a7de5c87207b9c018573d9a9bb973e7d6e7ffde0b7eb781a5651e7de2dabd7. The original may include catalog metadata, neighboring provisions, or embedded records outside this collection's scope. Search shows only the selected federal record. Historical editions and unverified snapshots are not a statement of current law.
Authority boundary: historical or unconfirmed source not current law verified.
Open the recorded source website ↗
Record provenance
Stable record: federal_law:legal_authorities:record_usc_09165e90454e2843e453db7b
Source file: Laws/federal/codes/united-states-code/title-10/section-3675-capital-lease-or-lease-purchase-treated-as-an-acquisition--c45e688e89.md
Pages: Not recorded – Not recorded
Passage SHA-256: 2ea701da5c30ce0f81b61ba90241d77d3d96325b25f17f0eef79e8444ff16a57
Source location: Title 10, Chapter 257, § 3675; chapter-257-contracts-for-long-term-lease-or-charter-of-vessels-aircraft-and-combat-vehicles.md
Stored source content
**(a) In General.—** If a lease or charter covered by this chapter is a capital lease or a lease-purchase—
(1) the lease or charter shall be treated as an acquisition and shall be subject to all applicable statutory and regulatory requirements for the acquisition of aircraft, naval vessels, or combat vehicles; and
(2) funds appropriated to the Department of Defense for operation and maintenance may not be obligated or expended for the lease or charter.
**(b) Definitions.—** In this section, the terms “capital lease” and “lease-purchase” have the meanings given those terms in Appendix B to Office of Management and Budget Circular A–11, as in effect on January 6, 2006.
Cross-references
Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.
Federal law — U.S. Code and appendices · legal_authorities
**(a) Defense Acquisition System.—** In this part, the term “defense acquisition system” means—
(1) the workforce engaged in carrying out the acquisition of property and services for the Department of Defense;
(2) the management structure responsible for directing and overseeing the acquisition of property and services for the Department of Defense; and
(3) the statutory, regulatory, and policy framework that guides the acquisition of property and services for the Department of Defense.
**(b) Element of the Defense Acquisition System.—** In this part, the term “element of the defense acquisition system” means an organization that—
(1) employs members of the acquisition workforce;
(2) carries out acquisition functions; and
(3) focuses primarily on acquisition.
**(c) Acquisition.—** In this part, the term “acquisition” has the meaning provided in [section 131 of title 41](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title41-section131&num=0&edition=prelim).
Source: Supplied U.S. Code snapshot — release unconfirmed · 10 U.S.C. § 3001
Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
#### Codification
Subsecs. (a) to (h) of this section were transferred to chapter 257 of this title by Pub. L. 116–283, div. A, title XVIII, § 1825(a), Jan. 1, 2021, 134 Stat. 4205. Subsecs. (a) and (b) of this section were renumbered as [section 3671 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title10-section3671&num=0&edition=prelim) by Pub. L. 116–283, div. A, title XVIII, § 1825(b), Jan. 1, 2021, 134 Stat. 4206. Subsec. (c)(1) of this section was renumbered as [section 3672(a) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title10-section3672/a&num=0&edition=prelim) by Pub. L. 116–283, div. A, title XVIII, § 1825(d), Jan. 1, 2021, 134 Stat. 4207. Subsec. (c)(2) of this section was renumbered as [section 3673 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title10-section3673&num=0&edition=prelim) by Pub. L. 116–283, div. A, title XVIII, § 1825(c), Jan. 1, 2021, 134 Stat. 4206. Subsec. (d) of this section was renumbered as [section 3674 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title10-section3674&num=0&edition=prelim) by Pub. L. 116–283, div. A, title XVIII, § 1825(f)(1), Jan. 1, 2021, 134 Stat. 4207. Subsec. (e) of this section was renumbered as [section 3672(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title10-section3672/b&num=0&edition=prelim) by Pub. L. 116–283, div. A, title XVIII, § 1825(e), Jan. 1, 2021, 134 Stat. 4207. Subsec. (f) of this section was renumbered as [section 3675 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title10-section3675&num=0&edition=prelim) by Pub. L. 116–283, div. A, title XVIII, § 1825(g)(1), Jan. 1, 2021, 134 Stat. 4208. Subse
Source: Supplied U.S. Code snapshot — release unconfirmed · 10 U.S.C. § 2401
Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
**(a) Authorized Contracts.—** Subject to subsection (b), the Secretary of the Navy may enter into contracts with private United States shipyards for the construction of new surface vessels to be acquired on a long-term lease basis by the United States from the shipyard or other private person for any of the following:
(1) The combat logistics force of the Navy.
(2) The strategic sealift force of the Navy.
(3) Other auxiliary support vessels for the Department of Defense.
**(b) Contracts Required To Be Authorized by Law.—** A contract may be entered into under subsection (a) with respect to a specific vessel only if the Secretary is specifically authorized by law to enter into such a contract with respect to that vessel. As part of a request to Congress for enactment of any such authorization by law, the Secretary of the Navy shall provide to Congress the Secretary’s findings under subsection (g).
**(c) Term of Contract.—** In this section, the term “long-term lease” means a lease, bareboat charter, or conditional sale agreement with respect to a vessel the term of which (including any option period) is for a period of 20 years or more.
**(d) Option To Buy.—** A contract entered into under subsection (a) may include options for the United States to purchase one or more of the vessels covered by the contract at any time during, or at the end of, the contract period (including any option period) upon payment of an amount equal to the lesser of (1) the unamortized portion of the cost of the vessel plus amounts incurred in connection with the termination of the financing arrangements associated with the vessel, or (2) the fair market value of the vessel.
**(e) Domestic Construction.—** The Secretary shall require in any contract entered into under this section that e
Source: Supplied U.S. Code snapshot — release unconfirmed · 10 U.S.C. § 8633
Stored review status: release_metadata_unconfirmed. Incoming connection: Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
Page 2522
TITLE 10—ARMED FORCES
§ 3675
provisions as par. (1)(A)(i) and (ii) and (B), respectively,
redesignated subpar. (B)(i) and (ii) and its concluding
provisions as par. (2)(A)(i) and (ii) and (B), respectively,
and inserted par. headings.
Subsec. (a)(1)(A). Pub. L. 116–283, § 1825(f)(2)(A), (B),
substituted ‘‘In this chapter’’ for ‘‘In this section’’ and
‘‘paragraph (2)’’ for ‘‘subparagraph (B)’’ in introductory
provisions.
Subsec. (b). Pub. L. 116–283, § 1825(f)(3), after redesig-
nation of section 2401(d)(2) of this title as subsec. (b) of
this section, inserted heading, substituted ‘‘this chap-
ter’’ for ‘‘this section’’ in introductory provisions, and
redesignated subpar. (A) as par. (1) and subpar. (B) and
its cls. (i) and (ii) as par. (2) and subpars. (A) and (B),
respectively.
Statutory Notes and Related Subsidiaries
EFFECTIVE DATE
Section and amendment by Pub. L. 116–283 effective
Jan. 1, 2022, with additional provisions for delayed im-
plementation and applicability of existing law, see sec-
tion 1801(d) of Pub. L. 116–283, set out as an Effective
Date of 2021 Amendment note preceding section 3001 of
this title.
§ 3675. Capital lease or lease-purchase treated as
an acquisition
(a) IN GENERAL.—If a lease or charter covered
by this chapter is a capital lease or a lease-pur-
chase—
(1) the lease or charter shall be treated as an
acquisition and shall be subject to all applica-
ble statutory and regulatory requirements for
the acquisition of aircraft, naval vessels, or
combat vehicles; and
(2) funds appropriated to the Department of
Defense for operation and maintenance may
not be obligated or expended for the lease or
charter.
(b) DEFINITIONS.—In this section, the terms
‘‘capital lease’’ and ‘‘lease-purchase’’ have the
meanings
Source: Supplied 2024 U.S. Code historical extraction · 10 U.S.C. § 3675
Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.