delete PART 770—TRANSFER OF REAL PROPERTY AT DEFENSE NUCLEAR FACILITIES FOR ECONOMIC DEVELOPMENT
Establishes procedures for DOE to transfer real property at closed/downsized defense nuclear facilities for economic development, including indemnification for claims related to hazardous substance releases. Allows transfers by sale or lease, often below fair market value, with NEPA review and congressional notification requirements.
Creates a subsidized economic development program that distorts market allocation, picks regional winners, and exposes taxpayers to open-ended liability. Proper disposal should occur via neutral auctions at fair market value with clear title, not bureaucratic reengineering.