106 STAT. 2664 PUBLIC LAW 102-484—OCT. 23, 1992 SEC. 4212. NATIONAL DEFENSE TECHNOLOGY AND INDUSTRIAL BASE COUNCIL. (a) ESTABLISHMENT OF COUNCIL.— Subchapter II of chapter 148, as amended by section 4211, is further amended by inserting after section 2501 the following: ^§2502. National Defense Technology and Industrial Base Council "(a) ESTABLISHMENT.— There is a National Defense Technology and Industrial Base Council. "(b) COMPOSITION.— The Council is composed of the following members: "(1) The Secretary of Defense, who shall serve as chairman. "(2) The Secretary of Energy.
- (3) The Secretary of Commerce.
"(4) The Secretary of Labor. "(5) Such other officials as may be determined by the President. "(c) RESPONSIBILITIES.— The Council shall have the following responsibilities: "(1) To ensure effective cooperation among departments and agencies of the Federal Government, and to provide advice and recommendations to the President, the Secretary of Defense, the Secretary of Energy, the Secretary of Commerce, andtheSecretary of Labor, concerning— "(A) the capabilities of the national technology and industrial base to meet the national security objectives set forth in section 2501(a) of this title; "(B) programs for achieving, during a period of reduction in defense expenditures, the defense reinvestment, diversification, and conversion objectives set forth in section 2501(b) of this title; and "(C) changes in acquisition policy that strengthen the national technology and industrial base. "(2) To provide overall policy guidance to ensure effective implementation by agencies of the Federal Government of defense reinvestment and conversion activities during a period of reduction in defense expenditures. "(3) To prepare the periodic assessment and the periodic plan required by sections 2505 and 2506 of this title, respectively.". (b) ECONOMIC ADJUSTMENT COMMITTEE.—Section 4004 of the Defense Economic Diversification, Conversion, and Stabilization Act of 1990 (division D of Public Law 101-510; 10 U.S.C. 2391 note) is amended— (1) by redesignating subsection (c) as subsection (d); and (2) by striking out subsection (b) and inserting in lieu thereof the following: "(b) CHAIRMAN.— Until October 1, 1997, the Secretary of Defense shall be the chairman of the Committee. After that, the chairmanship shall rotate annually among the Secretary of Defense, Secretary of Labor, and the Secretary of Commerce. "(c) EXECUTIVE COUNCIL. —Until October 1, 1997, the National Defense Technology and Industrial Base Council shall fimction as an Executive Council of the Committee. Under the direction of the chairman of the Committee, the Executive Council shall develop policies and procedures to ensure that communities, businesses.
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