Page:United States Statutes at Large Volume 114 Part 3.djvu/113

 PUBLIC LAW 106-398—APPENDIX 114 STAT. 1654A-71 "(4) To the extent practicable, each official processing loan guarantee applications under this section pursuant to an agreement entered into under paragraph (1) shall use the same processing procedures as the official uses for processing loan guarantee applications under other loan guarantee programs that the official administers. "(d) LOAN LIMITS.— The maximum amount of loan principal guaranteed during a fiscal year under this section may not exceed— "(1) $20,000,000, with respect to any single borrower; and "(2) $320,000,000 with respect to all borrowers. "(e) TRANSFER OF FUNDS.—The Secretary may transfer to an official providing services under subsection (c), and that official may accept, such funds as may be necessary to administer the loan guarantee program under this section.". (2) The tables of chapters at the beginning of subtitle B of such title and at the beginning of part IV of such subtitle are amended by inserting after the item relating to chapter 433 the following new item: "434. Armaments Industrial Base 4551". (b) IMPLEMENTATION REPORT.— Not later than July 1, 2001, the Secretary of Defense shall submit to the congressional defense committees a report on the procedures and controls implemented to carry out section 4554 of title 10, United States Code, as added by subsection (a). (c) RELATIONSHIP TO NATIONAL DEFENSE TECHNOLOGY AND INDUSTRIAL BASE.— (1) Subchapter IV of chapter 148 of title 10, United States Code, is amended— (A) by redesignating section 2525 as section 2521; and (B) by adding at the end the following new section: '*§ 2522. Armament retooling and manufacturing "The Secretary of the Army is authorized by chapter 434 of this title to carry out programs for the support of armaments retooling and manufacturing in the national defense industrial and technology base.". (2) The table of sections at the beginning of such subchapter is amended by striking the item relating to section 2525 and inserting the following new items: "2521. Manufacturing Technology Program. " 2522. Armament retooling and manufacturing. ". (d) REPEAL OF SUPERSEDED LAW.—The Armament Retooling and Manufacturing Support Act of 1992 (subtitle H of title I of Public Law 102-484; 10 U.S.C. 2501 note) is repealed. Subtitle E—Performance of Functions by Private-Sector Sources SEC. 351. INCLUSION OF ADDITIONAL INFORMATION IN REPORTS TO CONGRESS REQUIRED BEFORE CONVERSION OF COMMERCLi\L OR INDUSTRIAL TYPE FUNCTIONS TO CON- TRACTOR PERFORMANCE. (a) INFORMATION REQUIRED BEFORE COMMENCEMENT OF CONVERSION ANALYSIS.— Subsection (b)(1)(D) of section 2461 of title 10, United States Code, is amended by inserting before the period

�