[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[H.R. 648 Introduced in House (IH)]







105th CONGRESS
  1st Session
                                H. R. 648

 To prohibit the Secretary of Defense from treating as allowable costs 
under a defense contract any restructuring costs of the Boeing Company 
   arising from its acquisition of the McDonnell Douglas Corporation.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            February 6, 1997

 Mr. Sanders (for himself and Mr. Smith of New Jersey) introduced the 
    following bill; which was referred to the Committee on National 
                                Security

_______________________________________________________________________

                                 A BILL


 
 To prohibit the Secretary of Defense from treating as allowable costs 
under a defense contract any restructuring costs of the Boeing Company 
   arising from its acquisition of the McDonnell Douglas Corporation.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Boeing-McDonnell Douglas Corporate 
Welfare Elimination Act of 1997''.

SEC. 2. PROHIBITION ON TREATING RESTRUCTURING COSTS OF BOEING COMPANY 
              RESULTING FROM ACQUISITION OF MCDONNELL DOUGLAS COMPANY 
              AS ALLOWABLE COSTS UNDER A DEFENSE CONTRACT.

    The Secretary of Defense may not treat as an allowable cost under a 
defense contract (in accordance with section 2324 of title 10, United 
States Code, and the regulations prescribed under that section) any 
restructuring costs of the Boeing Company arising from the acquisition 
by that company of the McDonnell Douglas Corporation announced on 
December 15, 1996.
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