legislation: 104-s-2081

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
104-s-2081 104 s 2081 A bill to limit Department of Defense payments to contractors for restructuring costs associated with business combinations. Armed Forces and National Security 1996-09-17 1996-09-17 Read twice and referred to the Committee on Armed Services. Senate Sen. Harkin, Tom [D-IA] IA D H000206 0 Directs the Comptroller General, after certain required consultation, to report to the Congress on recommendations regarding the revision of statutes or regulations necessary to: (1) assure that the amount paid by the Department of Defense (DOD) for restructuring costs associated with a business combination does not exceed the expected net Government financial benefit of such combination; (2) assure that such benefit accrues to the Government; and (3) permit the Government to recoup any net loss between the benefit received and the amount paid. Places specified limitations on the use of DOD funds for payment of any claim for a business's restructuring costs under contracts entered into on or after July 12, 1996. 2025-01-14T17:07:58Z  

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