Page:United States Statutes at Large Volume 110 Part 1.djvu/303

 PUBLIC LAW 104-10&—FEB. 10, 1996 110 STAT. 279 ment for each subaccount of the Fund) for the fiscal year ending in the year preceding the year in which the budget is submitted. "(2) A detailed proposed budget for the operation of the Fund for the fiscal year for which the budget is submitted. "(3) A comparison of the amounts actually expended for the operation of the Fund for the fiscal year referred to in paragraph (1) with the amount proposed for the operation of the Fund for that fiscal year in the President's budget. "(4) A report on the capital asset subaccount of the Fund that contains the following information: "(A) The opening balance of the subaccount as of the beginning of the fiscal year in which the report is submitted. "(B) The estimated amounts to be credited to the subaccount in the fiscal year in which the report is submitted. "(C) The estimated amounts of outlays to be paid out of the subaccount in the fiscal year in which the report is submitted. "(D) The estimated balance of the subaccount at the end of the fiscal year in which the report is submitted. "(E) A statement of how much of the estimated balance at the end of the fiscal year in which the report is submitted will be needed to pay outlays in the immediately following fiscal year that are in excess of the amount to be credited to the subaccount in the immediately following fiscal year. "(i) DEFINITIONS. —In this section: "(1) The term 'capital assets' means the following capital assets that have a development or acquisition cost of not less than $50,000: "(A) Minor construction projects financed by the Fund pursuant to section 2805(c)(1) of this title. "(B) Automatic data processing equipment, software. "(C) Equipment other than equipment described in subparagraph (B). "(D) Other capital improvements. "(2) The term 'Fund' means the Defense Business Operations Fund.". (2) The table of sections at the beginning of such chapter is amended by inserting after the item relating to section 2215 the following new item: "2216. Defense Business Operations Fund.". (b) CONFORMING REPEALS.— The following provisions of law are hereby repealed: (1) Subsections (b), (c), (d), and (e) of section 311 of the National Defense Authorization Act for Fiscal Year 1995 (Public Law 103-337; 10 U.S.C. 2208 note). (2) Subsections (a) and (b) of section 333 of the National Defense Authorization Act for Fiscal Year 1994 (Public Law 103-160; 10 U.S.C. 2208 note). (3) Section 342 of the National Defense Authorization Act for Fiscal Year 1993 (Public Law 102-484; 10 U.S.C. 2208 note). (4) Section 316 of the National Defense Authorization Act for Fiscal Years 1992 and 1993 (Public Law 102-190; 10 U.S.C. 2208 note).

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