U.S. Congress legislation · 119th Congress
HB10046: DEPOTS Act
Status: In committee, August 6, 2026
To authorize the Secretary of Defense to eliminate any internal Department of Defense depreciated costs or cancel any internal Department debts associated with depots and arsenal from accounts of a military department or the Department that are associated with certain capital expenditures that no longer generate revenue due to mission changes.
What the bill says
To authorize the Secretary of Defense to eliminate any internal Department of Defense depreciated costs or cancel any internal Department debts associated with depots and arsenal from accounts of a military department or the Department that are associated with certain capital expenditures that no longer generate revenue due to mission changes.
From the introduced text, August 6, 2026:
A BILL To authorize the Secretary of Defense to eliminate any internal Department of Defense depreciated costs or cancel any internal Department debts associated with depots and arsenal from accounts of a military department or the Department that are associated with certain capital expenditures that no longer generate revenue due to mission changes. SECTION 1. Short title This Act may be cited as the Defense Expenditure Planning for Optimizing Throughput and Sustainment Act or the DEPOTS Act . SECTION 2. Capital expenditure write-offs for Department of Defense depots and arsenals (a) Write-Offs (1) In general With respect to any depot or arsenal of the Department of Defense, the Secretary of Defense may write-off or eliminate any internal Department accounting charges, such as remaining depreciation or internal debt from an account of a military department or the Department associated with capital assets that do not generate revenue due to mission realignments directed by the Federal Government. (2) Recovery of outlays Write-offs under paragraph (1) shall be done in a manner than ensures any previous cash outlay from a revolving fund is recovered. (3) Application of authority The authority under paragraph (1) applies only to financial balances within the accounts of a military department or the Department of Defense, not to payments owed to commercial contractors. (b) Delegation The Secretary may delegate …
Sponsors
- Michael Cloud (R, HD-027) · primary sponsor
Latest actions
- : Referred to the House Committee on Armed Services.
- : Introduced in House
Subjects: Armed Forces and National Security
Common questions
- What is HB10046?
- HB10046 is a bill in Congress (119th Congress): DEPOTS Act.
- What does HB10046 do?
- In its own words: To authorize the Secretary of Defense to eliminate any internal Department of Defense depreciated costs or cancel any internal Department debts associated with depots and arsenal from accounts of a military department or the Department that are associated with certain capital expenditures that no longer generate revenue due to mission changes.
- What is the status of HB10046?
- In committee as of August 6, 2026. Latest action: Referred to the House Committee on Armed Services. (August 6, 2026).
- Who sponsored HB10046?
- Michael Cloud (R, HD-027).
- Where is the official record for HB10046?
- On the Congress website: https://www.congress.gov/bill/119th-congress/house-bill/10046
Source: official Congress record. Tracked by Delilah, AI for legislation across all 50 states and Congress.