Senate Bill 252 amends the Development Corporation Act of 1979 to restore authority to use development corporation powers, including Sections 4A and 4B tax proceeds, to undertake projects to develop or redevelop closed or realigned military bases. Those powers, which had been removed in 2003, are also expanded by the bill to encompass military facilities in general. Supporting provisions specify that authorized projects include those targeted at creation and retention of U.S. Army, Navy, Air Force, and Marine Corps jobs, and Coast Guard jobs associated with a military base or a military purpose.