Prohibits funds from being expended for the construction or lease of buildings or space for any branch of the U.S. government or any entity within such branch, unless a contract for such construction or lease was entered into before the date of enactment of this Act.
Provides exceptions in any case in which funds are expended for: (1) construction to rebuild the Gulf Coast region devastated by Hurricane Katrina; and (2) purposes necessary in the interests of national security.
Terminates such prohibition on January 1, 2007.
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