Page:United States Statutes at Large Volume 83.djvu/297

 83 STAT. ]

PUBLIC LAW 91-129-NOV. 26, 1969

269

therein and inserting in lieu thereof "(6)(A), or (6)(B) (ii)"'. (3) Section 4 9 2 0 (a)(1)(A) (rehiting to definition of debt IH'^^: ^^'^^ obligation) is amended by adding at the end thereof the following new sentence: "For purposes of the preceding sentence, the term 'indebtedness' includes obligations arising under a lease wiicli is entered into principally as a financing transaction."' (4) The amendments made by this section shall apply with "ective date, respect to acquisitions of debt obligations made after the date of the enactment of this Act. SEC. 5. AMMUNITION RECORDKEEPING REQUIREMENTS. Section 4182 (relating to exemptions from tax on certain firearms ^^^ ^'^*- '*^°and ammunition) is amended by adding at the end thereof the following new subsection: "(c) EECORDS.—Notwithstanding the provisions of sections 922(b) (5) and 923(g) of title 18, United States Code, no person holding 1214. a Federal license under chapter 44 of title 18, United States Code, shall 82 Stat. 92118 USC be required to record the name, address, or other information about the 92k purchaser of shotgun ammunition, ammunition suitable for use only in rifles generally available in commerce, or component parts for the aforesaid types of ammunition." Approved November 26, 1969.

Public Law 91-129 AN ACT

November 26, 1969

To establish a Commission on Government Procurement.

Be It enacted by the Senate and House of Representatives r nited States of America in Congress assembled. . •'

"

[H. R. 474]

of the

'

DECLARATION OF POLICY

1. It is hereby declared to be the policy of Congress to promote economy, efficiency, and effectiveness in the procurement of goods, services and facilities by and for the executive branch of the Federal Government by— (1) establishing policies, procedures, and practices which will require the Government to acquire goods, services, and facilities of the requisite quality and within the time needed at the lowest reasonable cost, utilizing competitive bidding to the maximum extent practicable; (2) improving the quality, efficiency, economy, and performance of Government procurement organizations and personnel; (3) avoiding or eliminating unnecessary overlapping or duplication of procurement and related activities; (4) avoiding or eliminating unnecessary or redundant requirements placed on contractor and Federal procurement officials; (5) identifying gaps, omissions, or inconsistencies in procurement laws, regulations, and directives and in other laws, regulations, and directives, relating to or affecting procurement; (6) achieving greater uniformity and simplicity whenever appropriate, in procurement procedures; (7) coordinating procurement policies and programs of the several departments and agencies; (8) conforming procurement policies and programs, whenever appropriate, to other established Government policies and programs; SECTION

^ commission on Government Procurement. Establishment.

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