H.R. 3433 — To prohibit the Secretary of Defense from authorizing payment under defense contracts for restructuring costs of a merger or acquisition.

Summary

Prohibits the Secretary of Defense from authorizing the payment of any restructuring costs associated with a merger or acquisition that are incurred by a defense contractor.

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Legislative Actions

1996-05-10
Introduced in House
1996-05-10
Introduced in House
1996-05-10
Referred to the House Committee on National Security.
1996-05-22
Executive Comment Requested from DOD.
1996-06-13
Unfavorable Executive Comment Received from DOD.

To prohibit the Secretary of Defense from authorizing payment under defense contracts for restructuring costs of a merger or acquisition.

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