Page:United States Statutes at Large Volume 113 Part 2.djvu/1021

 PUBLIC LAW 106-113—APPENDIX G 113 STAT. 1501A-503 to as the "Commission") to address all aspects of the use of offsets in international defense trade. (b) COMMISSION MEMBERSHIP.— Not later than 120 days after the date of enactment of this Act, the President, with the concurrence of the Majority and Minority Leaders of the Senate and the Speaker and Minority Leader of the House of Representatives, shall appoint 11 individuals to serve as members of the Commission. Commission membership shall include— (1) representatives from the private sector, including— (A) one each from— (i) a labor organization, (ii) a United States defense; manufacturing company dependent on foreign sales, (iii) a United States companj' dependent on foreign sales that is not a defense manufacturer, and (iv) a United States company that specializes in international investment, and (B) two members from academia with widely recognized expertise in international economics; and (2) five members from the executive branch, including a member from— (A) the Office of Management and Budget, (B) the Department of Commerce, (C) the Department of Defense, (D) the Department of State, and (E) the Department of Labor. The member designated from the Ofdce of Management and Budget shall serve as Chairperson of the Commission. The President shall ensure that the Commission is nonpartisan and that the full range of perspectives on the subject of offsets in the defense industry is adequately represented. (c) DUTIES. — The Commission shall be responsible for reviewing and reporting on— (1) the full range of current practices by foreign governments in requiring offsets in purchasing agreements and the extent and nature of offsets offered by United States and foreign defense industry contractors; (2) the impact of the use of offsets on defense subcontractors and nondefense industrial sectors affected by indirect offsets; and (3) the role of offsets, both direct and indirect, on domestic industry stability. United States trade competitiveness and national security. (d) COMMISSION REPORT.— Not later than 12 months after the Commission is established, the Commission shall submit a report to the appropriate congressional committees. In addition to the items described under subsection (c), the report shall include— (1) an analysis of— (A) the collateral impact of offststs on industry sectors that may be different than those of the contractor providing the offsets, including estimates of contracts and jobs lost as well as an assessment of damage to industrial sectors; (B) the role of offsets with respect to competitiveness of the United States defense industry in international trade and the potential damage to the ability of United States contractors to compete if offsets wem prohibited or limited; and

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