Page:United States Statutes at Large Volume 104 Part 3.djvu/496

 104 STAT. 1848 PUBLIC LAW 101-510—NOV. 5, 1990 Economic DIVISION D—ECONOMIC ADJUSTMENT, D?rsSon DIVERSIFICATION, CONVERSION, AND STABILIZATION Conversion, and Stabilization Act of 1990. 10 USC 2391 note. SEC. 4001. SHORT TITLE This division may be cited as the "Defense Economic Adjustment, Diversification, Conversion, and Stabilization Act of 1990". SEC. 4002. FINDINGS AND POLICY (a) FINDINGS. —Congress makes the following findings: (1) There are likely to be significant reductions in the programs, projects, and activities of the Department of Defense during the first several fiscal years following fiscal year 1990. (2) Such reductions will adversely affect the economies of many communities in the United States and small businesses and civilian workers throughout the United States. (b) POLICY. — In view of the findings expressed in subsection (a), it is the policy of the United States that— (1) assistance be provided under existing planning assistance programs and economic adjustment assistance programs of the Federal Government to substantially and seriously affected communities, businesses, and workers to the extent necessary to facilitate an orderly transition for such communities, small businesses, and workers from economic reliance on Department of Defense spending to economic reliance on other sources of business, employment, and revenue; and (2) funding for such programs be increased by amounts necessary to meet the needs of such communities, small businesses, and workers without reducing the funding that would otherwise be available under those programs by reason of causes unrelated to the reductions referred to in subsection (a)(1). SEC. 4003. DEFINITIONS For purposes of this division: (1) The term "major defense contract or subcontract" means— (A) any defense contract in an amount not less than $5,000,000 (without regard to the date on which the contract was awarded); and (B) any subcontract which— (i) is entered into in connection with a contract (without regard to the effective date of the subcontract); and (ii) involves not less than $500,000. (2) The term "Economic Adjustment Committee" or "Committee" means the Economic Adjustment Committee established in Executive Order 12049 (10 U.S.C. Ill note). (3) The term "defense facility" means any private or government facility producing goods or services pursuant to a defense contract. (4) The term "military installation" means a base, camp, post, station, yard, center, or homeport facility for any ship in the United States, or any other facility under the jurisdiction of a military department located in the United States. (5) The term "substantially and seriously affected" means—

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