A bill to amend title 10, United States Code, to prohibit the sale of certain defense articles from the stocks of the Department of Defense.

Prohibits the sale of any defense article classified as Prepositioned Material Configured to Unit Sets or as decrement stock (as defined in this Act). Prohibits, after September 30,1980, the sale of any defense article presently classified as War Reserve Stock, except that the President may sell 15 percent of the stock of such an article under specified conditions.

Directs the Secretary of Defense to submit a plan to specified committees of Congress for increasing the quantity of Prepositioned Material Configured to Unit Sets and War Reserve Stocks in Europe.