Page:United States Statutes at Large Volume 106 Part 5.djvu/561

 PUBLIC LAW 102-558—OCT. 28, 1992 106 STAT. 4199 Sec. 202. Fraudulent use of "Made in America" labels. Sec. 203. Evaluation of domestic defense industrial base policy. TITLE III—MISCELLANEOUS PROVISIONS Sec. 301. Energy seciirity. Sec. 302. Domestic retail deposit-taking by foreign banks. Sec. 303. Deposit insurance assessment rates for lifeline account deposits. Sec. 304. Effective date. Sec. 305. Provisional repeal of duplicative provisions. TITLE I—AMENDMENTS TO THE DEFENSE PRODUCTION ACT OF 1950 PART A—DECLARATION OF POLICY SEC. 101. DECLARATION OF POLICY. Section 2 of the Defense Production Act of 1950 (50 U.S.C. App. 2062) is amended to read as follows: "SEC. 2. DECLARATION OF POLICY. "(a) FINDINGS.— The Congress finds that- 'll) the vitality of the industrial and technology base of the United States is a foundation of national security that provides the industrial and technological capabilities employed to meet national defense requirements, in peacetime and in time of national emergency; "(2) in peacetime, the heeilth of the industrial and technological base contributes to the technological superiority of United States defense equipment, which is a cornerstone of the national security strategy, and the efficiency with which defense equipment is developed and produced; "(3) in times of crisis, a healthy industrial base will be able to effectively provide the graduated response needed to effectively meet the demands of the emergency; "(4) in view of continuing international problems, the Nation's demonstrated reliance on imports of materials and components, and the need for measures to reduce defense production lead times and bottlenecks, and in order to provide for the national defense and national security, the United States defense mobilization preparedness effort continues to require the development of— "(A) preparedness programs; "(B) domestic defense industrial base improvement measures; "(C) provisions for a graduated response to any threatening international or military situation; "(D) the expansion of domestic productive capacity beyond the levels needed to meet the civilian demand; and "(E) some diversion of certain materials and facilities from civilian use to military and related purposes. "(5) to meet the requirements referred to in this subsection, this Act affords to the President an array of authorities to shape defense preparedness programs and to take appropriate steps to maintain and enhance the defense industrial and technological base; "(6) the activities referred to in this subsection are needed * in order to—

�