To amend section 818 of the National Defense Authorization Act for Fiscal Year 1995 to repeal certain provisions and revise certain reporting requirements relating to payment of restructuring costs…
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Amends the National Defense Authorization Act for Fiscal Year 1995 to: (1) repeal a requirement prohibiting the Secretary of Defense from paying restructuring costs associated with a business combination (merger or acquisition) undertaken by a defense contractor until a review or certification with respect to possible cost savings achieved by such business combination is completed by the Department of Defense (DOD); (2) eliminate a 1997 reporting requirement concerning such possible savings; (3) include new information for determining such savings; (4) require the Comptroller Generally to report quarterly (currently, periodically) on the implementation of DOD policy regarding defense industry restructuring; and (5) require the final report of the Comptroller General on December 1, 1996 (currently, 1997).
Favorable Executive Comment Received from DOD.
- Introduced in House Formatted Text PDF
Cite this page
U.S. Congress. (2026). H.R. 3444: To amend section 818 of the National Defense Authorization Act for Fiscal Year 1995 to repeal certain provisions and revise certain reporting requirements relating to payment of restructuring costs under defense contracts.. 104th Congress. Open America. https://openamerica.io/bill/104-HR-3444/
"H.R. 3444: To amend section 818 of the National Defense Authorization Act for Fiscal Year 1995 to repeal certain provisions and revise certain reporting requirements relating to payment of restructuring costs under defense contracts.." 104th Congress, 2026, Open America, https://openamerica.io/bill/104-HR-3444/.
H.R. 3444, 104th Cong. (2026), https://openamerica.io/bill/104-HR-3444/.
[H.R. 3444: To amend section 818 of the National Defense Authorization Act for Fiscal Year 1995 to repeal certain provisions and revise certain reporting requirements relating to payment of restructuring costs under defense contracts.](https://openamerica.io/bill/104-HR-3444/)