Sec. 803. EXTENSION OF APPLICABILITY OF THE SENIOR EXECUTIVE BENCHMARK COMPENSATION AMOUNT FOR PURPOSES OF ALLOWABLE COST LIMITATIONS UNDER DEFENSE CONTRACTS
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## SEC. 803 EXTENSION OF APPLICABILITY OF THE SENIOR EXECUTIVE BENCHMARK COMPENSATION AMOUNT FOR PURPOSES OF ALLOWABLE COST LIMITATIONS UNDER DEFENSE CONTRACTS ###
(a)Certain Compensation Not Allowable Under Defense Contracts Subsection (e)(1)(P) of section 2324 of title 10, United States Code, is amended— ####
(1)by striking “senior executives of contractors” and inserting “any contractor employee”; and ####
(2)by adding before the period at the end the following: “, except that the Secretary of Defense may establish one or more narrowly targeted exceptions for scientists and engineers upon a determination that such exceptions are needed to ensure that the Department of Defense has continued access to needed skills and capabilities”. ###
(b)Conforming Amendment Subsection
(l)of such section is amended by striking paragraph (5). ###
(c)Effective Date **[**[10 U.S.C. 2324 note](/us/usc/t10/s2324)**]** The amendments made by this section shall apply with respect to costs of compensation incurred after January 1, 2012, under contracts entered into on or after December 31, 2011.
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Sec. 803
EXTENSION OF APPLICABILITY OF THE SENIOR EXECUTIVE BENCHMARK COMPENSATION AMOUNT FOR PURPOSES OF ALLOWABLE COST LIMITATIONS UNDER DEFENSE CONTRACTS
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