50 USC § 2466 - Use of funds for the purchase of options to purchase real property

---
identifier: "/us/usc/t50/s2466"
source: "usc"
legal_status: "official_prima_facie"
title: "50 USC § 2466 - Use of funds for the purchase of options to purchase real property"
title_number: 50
title_name: "WAR AND NATIONAL DEFENSE"
section_number: "2466"
section_name: "Use of funds for the purchase of options to purchase real property"
chapter_number: 41
chapter_name: "NATIONAL NUCLEAR SECURITY ADMINISTRATION"
subchapter_number: "V"
subchapter_name: "MISCELLANEOUS PROVISIONS"
positive_law: false
currency: "119-84"
last_updated: "2026-04-21"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 106–65, div. C, title XXXII, § 3265, as added Pub. L. 117–263, div. C, title XXXI, § 3119, Dec. 23, 2022, 136 Stat. 3055.)"
---


# § 2466. Use of funds for the purchase of options to purchase real property

**(a)** **Authority** Subject to the limitation in subsection (b), funds authorized to be appropriated for the Administration for the purchase of real property may be expended to purchase options for the purchase of real property.

**(b)** **Limitation on price of options** section 2741 of this title

The price of any option purchased pursuant to subsection (a) may not exceed the minor construction threshold (as defined in ).

**(c)** **Notice** Not later than 14 days after the date an option is purchased pursuant to subsection (a), the Administrator shall submit to the congressional defense committees—

**(1)** a notification of such purchase; and

**(2)** a summary of the rationale for such purchase.

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**Source Credit**: (Pub. L. 106–65, div. C, title XXXII, § 3265, as added Pub. L. 117–263, div. C, title XXXI, § 3119, Dec. 23, 2022, 136 Stat. 3055.)