Page:United States Statutes at Large Volume 95.djvu/408

 95 STAT. 382

PUBLIC LAW 97-35—AUG. 13, 1981

"until expended, unless otherwise provided in appropriation Acts"; and (4) by adding at the end thereof the following new paragraph: "(2) If for any fiscal year the President proposes certain stockpile transactions in the annual materials plan submitted to Congress for 50 USC 98h-2. that year under section 11(b) and after that plan is submitted the President proposes (or Congress requires) a significant change in any such transaction, or a significant transaction not included in such plan, no amount may be obligated or expended for such transaction during such year until the President has submitted a full statement of the proposed transaction to the appropriate committees of Congress and a period of 30 days has passed from the date of the receipt of such statement by such committees or until each such committee, before the expiration of such period, notifies the President that it has no objection to the proposed transaction. In computing any 30-day period for the purpose of the preceding sentence, there shall be excluded any day on which either House of Congress is not in session because of an adjournment of more than three days to a day certain.". (b) Section 5(b) of such Act (50 U.S.C. 98d(b)) is amended— (1) by inserting "(1)" after "from the stockpile"; and (2) by striking out the period at the end and inserting in lieu thereof ", or (2) if the disposal would result in there being a balance in the National Defense Stockpile Transaction Fund in excess of $1,000,000,000 or, in the case of a disposal to be made after September 30, 1983, if the disposal would result in there being a balance in the fund in excess of $500,000,000.". (c) Section 6(a)(6) of such Act (50 U.S.C. 98e(a)(6)) is amended by inserting "subject to the provisions of section 5(b)," after "(6)". (d)(1) Section 9(b)(l) of such Act (50 U.S.C. 98h(b)(l)) is amended by striking out "or until" and all that follows in such section and inserting in lieu thereof a period. (2) Section 9(b)(3) of such Act (50 U.S.C. 98h(b)(3)) is amended to read as follows: "(3) Moneys in the fund, when appropriated, shall remain available until expended, unless otherwise provided in appropriation Acts.". (e) Section 11 of such Act (50 U.S.C. 98h-2) is amended— (1) by inserting "(a)" after "SEC. 11."; and (2) by adding at the end thereof the following new subsection: Report to "(b) The President shall submit to the appropriate committees of congressional the Congress each year with the Budget submitted to Congress committees. pursuant to section 201(a) of the Budget and Accounting Act, 1921 (31 U.S.C. 11(a)), for the next fiscal year a report containing an annual materials plan for the operation of the stockpile during such fiscal year and the succeeding four fiscal years. Each such report shall include details of planned expenditures for acquisition of strategic and critical materials during such period (including expenditures to be made from appropriations from the general fund of the Treasury) and of anticipated receipts from proposed disposals of stockpile materials during such period.". Effective date. (f) The amendments made by subsection (a) shall apply with respect 50 USC 98d note. to funds appropriated for fiscal years beginning after September 30, 1981.

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