Section 1. Short title
This Act may be cited as the Defense Expenditure Planning for Optimizing Throughput and Sustainment Act or the DEPOTS Act.
(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.
(b) Delegation
The Secretary may delegate the authority under subsection (a) to the Secretary of a military department.