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Code · BILL · 115th Congress · S. 2987 (Placed on Calendar Senate) — To authorize appropriations for fiscal year 2019 for military activities of the Department of Defense, for military c... · Sec. 1708

Sec. 1708. Authority for unilateral initiation of reviews

252 words·~1 min read·/bill/115/s/2987/pcs/section-1708·

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Section 721(b)(1) of the Defense Production Act of 1950 ( 50 U.S.C. 4565(b)(1) ) is amended— by redesignating subparagraphs
(E)and
(F)as subparagraphs
(F)and (G), respectively; in subparagraph (D)— in the matter preceding clause (i), by striking subparagraph
(F)and inserting subparagraph
(G); in clause (i), by inserting (other than a covered transaction described in subparagraph (E)) after any covered transaction ; by striking clause
(ii)and inserting the following: any covered transaction described in subparagraph (E), if any party to the transaction submitted false or misleading material information to the Committee in connection with the Committee’s consideration of the transaction or omitted material information, including material documents, from information submitted to the Committee; or ; and in clause (iii)— in the matter preceding subclause (I), by striking any covered transaction that has previously been reviewed or investigated under this section, and inserting any covered transaction described in subparagraph (E), ; in subclause (I), by striking intentionally ; in subclause (II), by striking an intentional and inserting a ; and in subclause (III), by inserting adequate and appropriate before remedies or enforcement tools ; and by inserting after subparagraph
(D)the following: A covered transaction is described in this subparagraph if— the Committee has informed the parties to the transaction in writing that the Committee has completed all action under this section with respect to the transaction; or the President has announced a decision not to exercise the President’s authority under subsection
(d)with respect to the transaction. .
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Sec. 1708
Authority for unilateral initiation of reviews
U.S.C.§ 4565
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