Sec. 1202. Special Defense Acquisition Fund matters
333 words·~2 min read·
/bill/114/s/2943/enr/section-1202·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective as of October 1, 2016, paragraph
(1)of section 114(c) of title 10, United States Code, is amended by striking $1,070,000,000 and inserting $2,500,000,000 . Such section is further amended— in paragraph (2)(A), by striking limitation in paragraph
(1)and inserting limitations in paragraphs
(1)and
(3); and by adding at the end the following new paragraph: Of the amount available in the Special Defense Acquisition Fund in any fiscal year after fiscal year 2016, $500,000,000 may be used in such fiscal year only to procure and stock precision guided munitions that may be required by partner and allied forces to enhance the effectiveness of current or future contributions of such forces to overseas contingency operations conducted or supported by the United States. . Before exercising authority for use of amounts in the Special Defense Acquisition Fund in excess of the size of that Fund as of September 30, 2016, by reason of the amendments made by this section, the Secretary of Defense shall, with the concurrence of the Secretary of State, submit to the appropriate committees of Congress a report on the plan for the use of such amounts. Not later than 30 days before the beginning of each fiscal year quarter, the Secretary of Defense shall, with the concurrence of the Secretary of State, submit to the appropriate committees of Congress a detailed plan for the use of amounts in the Special Defense Acquisition Fund for such fiscal year quarter. Not later than 90 days after the end of each fiscal year, the Secretary of Defense shall, with the concurrence of the Secretary of State, submit to the appropriate committees of Congress a report setting forth the inventory of defense articles and services acquired, possessed, and transferred through the Special Defense Acquisition Fund in such fiscal year. In this subsection, the term appropriate committees of Congress has the meaning given that term in section 301(1) of title 10, United States Code (as added by section 1241(a)(3) of this Act).