H97 - 2015 Appropriations Act, Sec. 24.3: Base Realignment and Closure (BRAC) Special Fund (SL 2015-241)

Overview: Sec. 24.3 of S.L. 2015-241 creates the Military Presence Stabilization Fund in the Department of Military and Veterans Affairs to fund actions designed to make the State less vulnerable to closure pursuant to federal Base Realignment and Closure and related initiatives. The Secretary of Military and Veterans Affairs is authorized to make allocations from the Fund for this purpose.

Use of funds in the Military Presence Stabilization Fund for the 2015-2016 fiscal year is limited as follows:

• Up to $200,000 can be used to provide grants to local communities or military installations.

The remaining $1,475,000 may be used for any of the following:

• Administrative expenses and reimbursements for members of the Commission.
• Federal advocacy and lobbying support.
• Updates to strategic planning analysis and strategic plan.
• Economic modeling software and analyses.
• Compatible development mapping (red, yellow, green mapping).
• Public-public/public-private (P4) initiative.
• Identification and implementation of innovated measures to increase the military value of installations.

This section became effective July 1, 2015.