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SEC. 372. REPORTS REQUIRED REGARDING EXPENDITURES
FOR EMERGENCY AND EXTRAORDINARY EX-
PENSES.
Subsection (c) of section 127 of title 10, United
States Code, is amended to read as follows:
‘‘(c)(1) In any fiscal year in which funds are ex-
pended under the authority of this section, the Secretary
of Defense shall submit a report of such expenditures on
a quarterly basis to the committees specified in paragraph
(3).
‘‘(2) An obligation or expenditure in an amount of
$1,000,000 or more may not be made under the authority
of this section for any single transaction until the Sec-
retary of Defense has notified the committees specified in
paragraph (3).
‘‘(3) The committees referred to in paragraphs (1)
and (2) are—
‘‘(A) the Committee on Armed Services and the
Committee on Appropriations of the Senate; and
‘‘(B) the Committee on National Security and
the Committee on Appropriations of the House of
Representatives.’’.
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SEC. 373. RESTATEMENT OF REQUIREMENT FOR SEMI-
ANNUAL REPORTS TO CONGRESS ON TRANS-
FERS FROM HIGH-PRIORITY READINESS AP-
PROPRIATIONS.
Section 361 of the National Defense Authorization
Act for Fiscal Year 1995 (Public Law 103–337; 108 Stat.
2732) is amended to read as follows:
‘‘SEC. 361. SEMIANNUAL REPORTS TO CONGRESS ON
TRANSFERS FROM HIGH-PRIORITY READI-
NESS APPROPRIATIONS.
‘‘(a) ANNUAL REPORTS.—(1) During 1996 and
1997, the Secretary of Defense shall submit to the con-
gressional defense committees a report on transfers during
the preceding fiscal year from funds available for the
budget activities specified in subsection (d) (hereinafter in
this section referred to as ‘covered budget activities’). The
report each year shall be submitted not later than the date
in that year on which the President submits the budget
for the next fiscal year to Congress pursuant to section
1105 of title 31, United States Code.
‘‘(2) Each such report shall include—
‘‘(A) specific identification of each transfer dur-
ing the preceding fiscal year of funds available for
any covered budget activity, showing the amount of
the transfer, the covered budget activity from which
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the transfer was made, and the budget activity to
which the transfer was made; and
‘‘(B) with respect to each such transfer, a
statement of whether that transfer was made to a
budget activity within a different appropriation than
the appropriation containing the covered budget ac-
tivity from which the transfer was made or to a
budget activity within the same appropriation.
‘‘(b) MIDYEAR REPORTS.—On May 1 of each year
specified in subsection (a), the Secretary of Defense shall
submit to the congressional defense committees a report
providing the same information, with respect to the first
six months of the fiscal year in which the report is submit-
ted, that is provided in reports under subsection (a) with
respect to the preceding fiscal year.
‘‘(c) MATTERS TO BE INCLUDED.—In each report
under this section, the Secretary shall include the follow-
ing:
‘‘(1) With respect to each transfer of funds
identified in the report, a statement of the specific
reason for the transfer.
‘‘(2) For each covered budget activity—
‘‘(A) a statement, for the period covered by
the report, of—
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‘‘(i) the total amount of transfers into
funds available for that activity;
‘‘(ii) the total amount of transfers
from funds available for that activity; and
‘‘(iii) the net amount of transfers into,
or out of, funds available for that activity;
and
‘‘(B) a detailed explanation of the trans-
fers into, and out of, funds available for that
activity during the period covered by the report.
‘‘(d) COVERED BUDGET ACTIVITIES.—The budget
activities to which this section applies are the following:
‘‘(1) The budget activity groups (known as
‘subactivities’) within the Operating Forces budget
activity of the annual Operation and Maintenance,
Army, appropriation that are designated as follows:
‘‘(A) Combat Units.
‘‘(B) Tactical Support.
‘‘(C) Force-Related Training/Special Ac-
tivities.
‘‘(D) Depot Maintenance.
‘‘(E) JCS Exercises.
‘‘(2) The budget activity groups (known as
‘subactivities’) within the Operating Forces budget
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activity of the annual Operation and Maintenance,
Navy, appropriation that are designated as follows:
‘‘(A) Mission and Other Flight Operations.
‘‘(B) Mission and Other Ship Operations.
‘‘(C) Fleet Air Training.
‘‘(D) Ship Operational Support and Train-
ing.
‘‘(E) Aircraft Depot Maintenance.
‘‘(F) Ship Depot Maintenance.
‘‘(3) The budget activity groups (known as
‘subactivities’), or other activity, within the Operat-
ing Forces budget activity of the annual Operation
and Maintenance, Air Force, appropriation that are
designated or otherwise identified as follows:
‘‘(A) Primary Combat Forces.
‘‘(B) Primary Combat Weapons.
‘‘(C) Global and Early Warning.
‘‘(D) Air Operations Training.
‘‘(E) Depot Maintenance.
‘‘(F) JCS Exercises.’’.