Page:United States Statutes at Large Volume 111 Part 2.djvu/765

 PUBLIC LAW 105-85 —NOV. 18, 1997 111 STAT. 1845 subsection (d) is made available to Federal agencies and the public in the same manner and to the same extent as the list of suspended and debarred contractors compiled pursuant to subpart 9.4 of the Federal Acquisition Regulation.". SEC. 844. SENSE OF CONGRESS REGARDING ALLOWABILITY OF COSTS OF EMPLOYEE STOCK OWNERSHIP PLANS. It is the sense of Congress that the Secretary of Defense should not disallow, under Department of Defense contracts, the following costs: (1) Interest costs associated with deferred compensation employee stock ownership plans that were incurred before January 1, 1994. (2) Costs related to employee stock ownership plan (ESOP) debt, control premiums, or marketability discounts associated with the valuation of ESOP stock of closely held companies that were incurred before January 1, 1995. SEC. 845. EXPANSION OF PERSONNEL ELIGIBLE TO PARTICIPATE IN DEMONSTRATION PROJECT RELATING TO ACQUISITION WORKFORCE. (a) COVERED PERSONNEL.—(1) Subsection (a) of section 4308 of the National Defense Authorization Act for Fiscal Year 1996 (Public Law 104-106; 10 U.S.C. 1701 note) is amended by adding before the period at the end the following: "and supporting personnel assigned to work directly with the acquisition workforce". (2) Subsection (b)(3)(A) of such section is amended by inserting before the semicolon the following: "or involves a team of personnel more than half of which consists of members of the acquisition workforce and the remainder of which consists of supporting personnel assigned to work directly with the acquisition workforce". (b) COMMENCEMENT OF PROJECT. — Subsection (b)(3)(B) of such section is amended by striking out "this Act" and inserting in lieu thereof "the National Defense Authorization Act for Fiscal Year 1998". (c) LIMITATION ON NUMBER OF PARTICIPANTS.—Such section is further amended by adding at the end the following: "(d) LIMITATION ON NUMBER OF PARTICIPANTS.—The total number of persons who may participate in the demonstration project under this section may not exceed 95,000.". SEC. 846. TIME FOR SUBMISSION OF ANNUAL REPORT RELATING TO BUY AMERICAN ACT. Section 827 of the National Defense Authorization Act for Fiscal Year 1997 (Public Law 104-201; 110 Stat. 2611; 41 U.S.C. 10b- 3) is amended by striking out "120 days" and inserting in lieu thereof "90 days". SEC. 847. REPEAL OF REQUIREMENT FOR CONTRACTOR GUARANTEES ON MAJOR WEAPON SYSTEMS. (a) REPEAL. —Section 2403 of title 10, United States Code, is repealed. (b) CLERICAL AND CONFORMING AMENDMENTS.—(1) The table of sections at the beginning of chapter 141 of such title is amended by striking out the item relating to section 2403. (2) Section 803 of the National Defense Authorization Act for Fiscal Year 1997 (Public Law 104-201; 110 Stat. 2604; 10 U.S.C. 2430 note) is amended—

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