Page:United States Statutes at Large Volume 108 Part 4.djvu/235

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PUBLIC LAW 103-337 —OCT. 5, 1994 108 STAT. 2869 ness concern will be unable to meet its share of the anticipated costs, the Secretary shall revoke the selection of the proposal submitted by the small business concern.". (d) DEFENSE DUAL-USE ASSISTANCE EXTENSION PROGRAMS. — Section 2524(d) of such title is amended by adding at the end the following new paragraph: "(3) The Secretary shall consider a program proposal submitted by a small business concern without regard to the ability of the small business concern to immediately meet its share of the anticipated program costs. Upon the selection of a proposal submitted by a small business concern, the small business concern shall have a period of not less than 120 days in which to arrange to meet its financial commitment requirements under the program from sources other than a person of a foreign country. If the Secretary determines upon the expiration of that period that the small business concern will be unable to meet its share of the anticipated program costs, the Secretary shall revoke the selection of the program proposal submitted by the small business concern.". (e) DEFINITION OF PERSON OF A FOREIGN COUNTRY.— Section 2491 of such title is amended by adding at the end the following new paragraph: "(16) The term 'person of a foreign country* has the meaning given such term in section 3502(d) of the Primary Dealers Act of 1988 (22 U.S.C. 5342(d)).". SEC. 1116. CONDITIONS ON FUNDING OF DEFENSE TECHNOLOGY REINVESTMENT PROJECTS. (a) BENEFITS TO UNITED STATES ECONOMY.—In providing for the establishment or financial support of partnerships and other cooperative arrangements under chapter 148 of title 10, United States Code (using funds made available under section 1111(a)), the Secretary of Defense shall ensure that the principal economic benefits of, and to the extent practicable, the job creation resulting from, such partnerships and arrangements accrue to the economy of the United States. (b) USE OF COMPETITIVE SELECTION PROCEDURES. —Funds made available under subsection (a) of section 1111 for the defense technology reinvestment programs described in subsection (b) of such section, and funds made available under subsection (b) of section 1112 for the program described in subsection (a) of such section, shall only be provided to projects selected using competitive procedures pursuant to a solicitation incorporating cost-sharing requirements for the non-Federal Government participants in the projects. SEC. 1117. USE OF CERTAIN FUNDS PENDING SUBMISSION OF A NATIONAL TECHNOLOGY AND INDUSTRIAL BASE PERI- ODIC DEFENSE CAPABILITY ASSESSMENT AND A PERI- ODIC DEFENSE CAPABILITY PLAN. (a) LIMITATION.— Not more than 50 percent of the funds made available for program element 65104D activities from funds authorized to be appropriated by this Act may be expended until the Secretary of Defense submits to Congress— (1) a national technology and industrial base periodic defense capability assessment required by section 2505 of title 10, United States Code; and (2) a periodic defense capability plan required by section 2506 of such title.