‘Sec. 2. 37-B MRSA §154,  as amended by PL 2003, c. 488, §2 and affected by §5, is further amended to read:

§ 154. Capital Repair, Maintenance, Construction and Acquisition Account

Except as provided in section 353, the Capital Repair , Maintenance, Construction and Acquisition Account is established in the Military Bureau as a nonlapsing fund to assist in defraying the capital repair , maintenance and construction of state-owned properties of the Military Bureau , as well as purchasing land for training sites. The bureau may not spend $300,000 $500,000 or more for any single capital repair , maintenance or construction project or land acquisition unless that expenditure is approved in advance by the Legislature. Not later than January 1st of each odd-numbered year, the bureau shall submit a list to the Legislature that identifies the location, nature and cost of each planned capital repair , maintenance and construction project and land acquisition costing less than $300,000 $500,000.’