A Win-Win For Military Bases And Local Governments

Law360, New York (March 20, 2013, 12:34 PM EDT) -- Late last year, Congress passed a new law that could be a revenue generator for cash-strapped state and local governments. Section 331 of the 2013 National Defense Authorization Act[1] — the annual bill that authorizes the programs and activities of the U.S. Department of Defense — permits the military services to enter into intergovernmental support agreements with state and local governments for the provision of “installation support services.”

These agreements could be a game-changer for cash-strapped localities because cities would be paid for services provided to...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.