Page:United States Statutes at Large Volume 106 Part 3.djvu/906

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106 STAT. 2700 PUBLIC LAW 102-484—OCT. 23, 1992 (b) CLERICAL AMENDMENT. —The table of sections at the beginning of such subchapter, as amended by section 304(c)(2), is amended by adding at the end the following new item: "2552. Limitation on use of excess construction or fire e<iuipment from Depcutment of Defense stocks in foreign assistance or military sales programs.". SEC. 4S0S. COMMUNITY ECONOMIC ADJUSTMENT ASSISTANCE THROUGH THE ECONOMIC DEVELOPMENT ADMINISTRA- TION. Of the amount authorized to be appropriated in section 301(5), $80,000,000 shall be avcdlable for the provision of economic adjustment assistance pursuant to section 4103 of the Defense Elconomic Adjustment, Diversification, Conversion, and Stabilization Act of 1990 (division D of Public Law 101-510; 10 U.S.C. 2391 note) to substcuitially and seriously affected communities (as defined in section 4003(5)(A) of such Act). SEC. 4306. REPORT RELATING TO CONTINUING HEALTH BENEFITS COVERAGE OF CERTAIN TERMINATED EMPLOYEES OF DEFENSE CONTRACTORS. (a) REPORT REQUIRED.— Not later than March 1, 1993, the Under Secretary of Defense for Acquisition shall submit to Congress a report on matters relating to the provision by contractors of the Department of Defense of continuing health benefits coverage to employees of such contractors who are involuntarily separated from such employment by reason of the termination or curtailment of defense contracts. (b) CONTENT OF REPORT.— The report shall contain— (1) an estimate of the number of employees referred to in subsection (a) who will be involuntarily separated from employment referred to in that subsection for the reason referred to in that subsection during each of fiscal years 1993 and 1994; (2) an estimate of the number of such employees who will elect in each such fiscal year to receive continuation coverage under section 4980B of the Internal Revenue Code of 1986, and an estimate of the aggregate monthly costs that will be incurred during such fiscal years by such employees who make the elections; (3) an estimate of the cost to the Department of Defense of providing continuing health benefits coverage to such employ- ees in the same manner as continuing healtii benefits are provided to individuals under paragraph (4) of section 8905a(d) of title 5, United States Code, as added by section 346(a); (4) an assessment of the capability of the employers of such employees to bear a portion or all of the costs estimated under paragraph (3) and a description of any current efforts by such employers to bear such costs; and (5) recommendations relating to the optimal allocation of such costs between the Federal Government and such employers.