Sec. 3. Improving the use of voluntary agreements
643 words·~3 min read·
/bill/119/hr/3561/ih/section-3·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 708 of the Defense Production Act of 1950 ( 50 U.S.C. 4558 ) is amended— by striking subsection (c)(2) and inserting the following: The authority granted to the President in paragraph
(1)and subsection
(d)may be delegated by him to the head of any Federal agency to which the President has delegated authority under this Act. ; by striking subsection (c)(3); in subsection (d)(2), by striking and the Federal Trade Commission. ; by striking subsection
(e)and inserting the following: The Secretary of Commerce issue rules, after approval of the Attorney General, in accordance with section 553 of title 5, United States Code, that incorporate standards and procedures by which voluntary agreements and plans of action may be developed and carried out. Notwithstanding section 553 of title 5, United States Code, the Secretary of Commerce shall publish any rule issued under paragraph
(1)in the Federal Register not less than 30 days before the effective date of such rule. . in subsection (f)— in paragraph (1)(B)— striking by (after consultation with the Chairman of the Federal Trade Commission) ; and striking by and publishes such a finding in the Federal Register ; and in paragraph (2), by striking (after consultation with the Chairman of the Federal Trade Commission) ; in subsection (g), by striking and the Chairman of the Federal Trade Commission and inserting and the Secretary of Commerce ; in subsection (h)— in subparagraph (2), by striking and the Chairman of the Federal Trade Commission ; in subparagraph (3), by striking , or the Chairman of the Federal Trade Commission in both places it appears; in subparagraph (4), by striking and the Chairman of the Federal Trade Commission ; by striking paragraphs (6), (7), (8), (10), and
(11)and redesignating paragraph
(9)as paragraph (6); in subparagraph (6)(A), as so redesignated, by striking the Chairman of the Federal Trade Commission and ; and in subparagraph (6)(B), as so redesignated, by striking and the Chairman of the Federal Trade Commission . by striking subsection
(i)and inserting the following: The Attorney General shall, not later than 270 days after the date of the enactment of this subsection, issue a rule, in accordance with section 553 of title 5, United States Code, that establishes how the Attorney General shall carry out the responsibilities of the Attorney General under this section in a manner that maintains a proper balance between providing for the national defense and protecting competition and preventing anticompetitive practices and effects from the creation and implementation of voluntary agreements and their plans of action. ; and in subsection (k)— by striking and the Federal Trade Commission ; and by striking (after consultation with the Federal Trade Commission) ; and in subsection (m)— by striking (d)(2), ; and by striking (7), and (8), . Not later than the later of the date that is 18 months after the date of the enactment of this Act and the date on which the Attorney General issues a rule under Section 708(i) of the Defense Production Act of 1950, the President shall develop a voluntary agreement under section 708 of the Defense Production Act. The voluntary agreement entered by the President under paragraph
(1)shall— address a current critical national defense issue, such as— the need for a plan of action to respond to a catastrophic cyber attack on a sector of critical infrastructure, as defined in section 5195c(e) of title 42, United States Code, including how to restore that sector as quickly as possible from the attack through public and private cooperation; or another issue pertinent to national defense as determined by the President and notified to Congress within 270 days of enactment of this Act; and use 1 or more of the units of the National Defense Executive Reserve established under section 712 of the of the Defense Production Act of 1950.
Connectionstraces to 1
Citation graph
cites case law
Sec. 3
Improving the use of voluntary agreements
Cites 1Cited by 0 across 0 sources