Source: http://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title50-section4568&num=0&edition=prelim
Timestamp: 2018-04-27 03:05:00
Document Index: 379097880

Matched Legal Cases: ['§ 4568', '§723', '§12', '§7', '§12', '§1000', '§123', '§7', '§12']

[USC07] 50 USC 4568: Annual report on impact of offsets
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50 USC 4568: Annual report on impact of offsets Text contains those laws in effect on April 25, 2018
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The Secretary of Commerce (hereafter in this subsection referred to as the "Secretary") shall-
Each report required under subsection (a) shall identify the cumulative effects of offset agreements on-
(Sept. 8, 1950, ch. 932, title VII, §723, as added Pub. L. 111–67, §12(a), Sept. 30, 2009, 123 Stat. 2020 .)
This chapter, referred to in subsec. (d)(1)(B), was in the original "this Act", meaning act Sept. 8, 1950, ch. 932, 64 Stat. 798 , known as the Defense Production Act of 1950, which is classified principally to this chapter. For complete classification of this Act to the Code, see section 4501 of this title and Tables.
Pub. L. 108–195, §7(a), Dec. 19, 2003, 117 Stat. 2894 , as amended by Pub. L. 111–67, §12(b)(3), Sept. 30, 2009, 123 Stat. 2022 , provided that:
"(1) In general.-As part of the annual report required under section 723(a) of the Defense Production Act of 1950 [50 U.S.C. 4568(a)], the Secretary of Commerce (in this section referred to as the 'Secretary') shall-
"(2) Use of internal documents.-To the extent that the Department of Commerce is already in possession of relevant data, the Department shall use internal documents or existing departmental records to carry out paragraph (1).
"(3) Information from non-federal entities.-
"(A) Existing information.-In carrying out paragraph (1), the Secretary shall only require a non-Federal entity to provide information that is available through the existing data collection and reporting systems of that non-Federal entity.
"(B) Format.-The Secretary may require a non-Federal entity to provide information to the Secretary in the same form that is already provided to a foreign government in fulfilling an offset arrangement, industrial participation agreement, or similar arrangement."
Pub. L. 106–113, div. B, §1000(a)(7) [div. B, title XII, subtitle D], Nov. 29, 1999, 113 Stat. 1536 , 1501A-500, provided that:
"(b) Declaration of Policy.-It is the policy of the United States to monitor the use of offsets in international defense trade, to promote fairness in such trade, and to ensure that foreign participation in the production of United States weapons systems does not harm the economy of the United States.
"(2) G–8.-The term 'G–8' means the group consisting of France, Germany, Japan, the United Kingdom, the United States, Canada, Italy, and Russia established to facilitate economic cooperation among the eight major economic powers.
"(3) Offset.-The term 'offset' means the entire range of industrial and commercial benefits provided to foreign governments as an inducement or condition to purchase military goods or services, including benefits such as coproduction, licensed production, subcontracting, technology transfer, in-country procurement, marketing and financial assistance, and joint ventures.
"(4) Transatlantic economic partnership.-The term 'Transatlantic Economic Partnership' means the joint commitment made by the United States and the European Union to reinforce their close relationship through an initiative involving the intensification and extension of multilateral and bilateral cooperation and common actions in the areas of trade and investment.
"(5) Wassenaar arrangement.-The term 'Wassenaar Arrangement' means the multilateral export control regime in which the United States participates that seeks to promote transparency and responsibility with regard to transfers of conventional armaments and sensitive dual-use items.
"(6) World trade organization.-The term 'World Trade Organization' means the organization established pursuant to the WTO Agreement.
"(7) WTO agreement.-The term 'WTO Agreement' means the Agreement Establishing the World Trade Organization entered into on April 15, 1994.
"(a) In General.-There is established a National Commission on the Use of Offsets in Defense Trade (in this section referred 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 [Nov. 29, 1999], 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-
"(2) five members from the executive branch, including a member from-
"(c) Duties.-The Commission shall be responsible for reviewing and reporting on-
"(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-
"(e) Period of Appointment; Vacancies.-Members shall be appointed for the life of the Commission. Any vacancy in the Commission shall not affect its powers, but shall be filled in the same manner as the original appointment.
"(f) Initial Meeting.-Not later than 30 days after the date on which all members of the Commission have been appointed, the Commission shall hold its first meeting.
"(g) Meetings.-The Commission shall meet at the call of the Chairman.
"(h) Commission Personnel Matters.-
"(1) Compensation of members.-Each member of the Commission who is not an officer or employee of the Federal Government shall be compensated at a rate equal to the daily equivalent of the annual rate of basic pay prescribed for level IV of the Executive Schedule under section 5315 of title 5, United States Code, for each day (including travel time) during which such member is engaged in the performance of the duties of the Commission. All members of the Commission who are officers or employees of the United States shall serve without compensation in addition to that received for their services as officers or employees of the United States.
"(A) In general.-The Chairman of the Commission may, without regard to the civil service laws and regulations, appoint and terminate an executive director and such other additional personnel as may be necessary to enable the Commission to perform its duties. The employment of an executive director shall be subject to confirmation by the Commission.
"(B) Compensation.-The Chairman of the Commission may fix the compensation of the executive director and other personnel without regard to the provisions of chapter 51 and subchapter III of chapter 53 of title 5, United States Code, relating to classification of positions and General Schedule pay rates, except that the rate of pay for the executive director and other personnel may not exceed the rate payable for level V of the Executive Schedule under section 5316 of such title.
"(5) Procurement of temporary and intermittent services.-The Chairman of the Commission may procure temporary and intermittent services under section 3109(b) of title 5, United States Code, at rates for individuals which do not exceed the daily equivalent of the annual rate of basic pay prescribed for level V of the Executive Schedule under section 5316 of such title.
"(i) Termination.-The Commission shall terminate 30 days after the transmission of the report from the President as mandated in section 1248(b).
"(a) In General.-The President shall initiate a review to determine the feasibility of establishing, and the most effective means of negotiating, a multilateral treaty on standards for the use of offsets in international defense trade, with a goal of limiting all offset transactions that are considered injurious to the economy of the United States.
"(b) Report Required.-Not later than 90 days after the date on which the Commission submits the report required under section 1247(d), the President shall submit to the appropriate congressional committees a report containing the President's determination pursuant to subsection (a), and, if the President determines a multilateral treaty is feasible or desirable, a strategy for United States negotiation of such a treaty. One year after the date the report is submitted under the preceding sentence, and annually thereafter for 5 years, the President shall submit to the appropriate congressional committees a report detailing the progress toward reaching such a treaty.
"(c) Required Information.-The report required by subsection (b) shall include-
"(d) Comptroller General Review.-The Comptroller General of the United States shall monitor and periodically report to Congress on the progress in reaching a multilateral treaty."
Pub. L. 102–558, title I, §123, Oct. 28, 1992, 106 Stat. 4206 , as amended by Pub. L. 108–195, §7(c), Dec. 19, 2003, 117 Stat. 2895 ; Pub. L. 111–67, §12(b)(1), Sept. 30, 2009, 123 Stat. 2022 , provided that:
"(a) In General.-Recognizing that certain offsets for military exports are economically inefficient and market distorting, and mindful of the need to minimize the adverse effects of offsets in military exports while ensuring that the ability of United States firms to compete for military export sales is not undermined, it is the policy of the Congress that-
"(b) Presidential Approval of Exceptions.-It is the policy of the Congress that the President may approve an exception to the policy stated in subsection (a) after receiving the recommendation of the National Security Council.
"(c) Negotiations.-
"(1) Interagency team.-
"(A) In general.-It is the policy of Congress that the President shall designate a chairman of an interagency team comprised of the Secretary of Commerce, Secretary of Defense, United States Trade Representative, Secretary of Labor, and Secretary of State to consult with foreign nations on limiting the adverse effects of offsets in defense procurement without damaging the economy or the defense industrial base of the United States or United States defense production or defense preparedness.
"(B) Meetings.-The President shall direct the interagency team to meet on a quarterly basis.
"(C) Reports.-The President shall direct the interagency team to submit to Congress an annual report, to be included as part of the report required under section 723(a) of the Defense Production Act of 1950 [50 U.S.C. 4568(a)], that describes the results of the consultations of the interagency team under subparagraph (A) and the meetings of the interagency team under subparagraph (B).
"(2) Recommendations for modifications.-The interagency team shall submit to the President any recommendations for modifications of any existing or proposed memorandum of understanding between officials acting on behalf of the United States and one or more foreign countries (or any instrumentality of a foreign country) relating to-