PlainBillCongress, translated.Legislation. Context. Public interest.Read twice and referred to the Committee on Armed Services.
Congressional Research Service
Version 00 · Introduced in Senate · Sep 17, 1996
Directs the Comptroller General, after certain required consultation, to report to the Congress on recommendations regarding the revision of statutes or regulations necessary to: (1) assure that the amount paid by the Department of Defense (DOD) for restructuring costs associated with a business combination does not exceed the expected net Government financial benefit of such combination; (2) assure that such benefit accrues to the Government; and (3) permit the Government to recoup any net loss between the benefit received and the amount paid. Places specified limitations on the use of DOD funds for payment of any claim for a business's restructuring costs under contracts entered into on or after July 12, 1996.
People & committees
Sen. Harkin, Tom [D-IA] · D–IA
Legislative record
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Read twice and referred to the Committee on Armed Services.
Sponsor introductory remarks on measure. (CR S10685)
Introduced in Senate
Primary sources
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Source last updated: Jan 14, 2025. Consult Congress.gov for the current record.
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