[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3444 Introduced in House (IH)]







104th CONGRESS
  2d Session
                                H. R. 3444

  To amend section 818 of the National Defense Authorization Act for 
   Fiscal Year 1995 to repeal certain provisions and revise certain 
reporting requirements relating to payment of restructuring costs under 
                           defense contracts.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 10, 1996

 Mr. Sanders introduced the following bill; which was referred to the 
                     Committee on National Security

_______________________________________________________________________

                                 A BILL


 
  To amend section 818 of the National Defense Authorization Act for 
   Fiscal Year 1995 to repeal certain provisions and revise certain 
reporting requirements relating to payment of restructuring costs under 
                           defense contracts.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,
    (a) Repeal.--Section 818 of the National Defense Authorization Act 
for Fiscal Year 1995 (Public Law 103-337; 108 Stat. 2821; 10 U.S.C. 
2324 note) is amended--
            (1) by striking out subsections (a), (b), (c), and (d); and
            (2) by redesignating subsections (e), (f), and (g) as 
        subsections (a), (b), and (c), respectively.
    (b) Amendments Relating to Report by Secretary of Defense.--
Subsection (a) of section 818 of such Act (as redesignated by 
subsection (a)(2)) is amended--
            (1) in the matter preceding paragraph (1), by striking out 
        ``1995, 1996, and 1997'' and inserting in lieu thereof ``1995 
        and 1996''; and
            (2) in paragraph (3), by inserting at the end the following 
        new subparagraph:
                    ``(F) Actual employment data within defense 
                contractors immediately before public announcement of 
                plans for each business combination since July 21, 
                1993, and layoffs subsequent to approval of each such 
                business combination, along with an estimate of the 
                costs to the United States resulting from the 
                layoffs.''.
    (c) Amendments Relating Report by Comptroller General.--Subsection 
(c) of section 818 of such Act (as redesignated by subsection (a)(2)) 
is amended--
            (1) in paragraph (2)--
                    (A) by striking out ``periodically'' and inserting 
                in lieu thereof ``quarterly every fiscal year''; and
                    (B) by striking out the period at the end and 
                inserting in lieu thereof the following: ``, including 
                the amount of appropriated funds obligated for each 
                business combination.''; and
            (2) in paragraph (3), by striking out ``1997'' and 
        inserting in lieu thereof ``1996''.
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