A bill to revise and reinstate the Renegotiation Act of 1951.
Renegotiation Act Amendments of 1983 - Reinstates until the end of FY 1986 the Renegotiation Act of 1951 (providing for review of defense contractors' profits).
Makes the Act inapplicable to amounts received by contractors from October 1, 1976, through the date of enactment.
Requires renegotiation to be conducted by division and major product line, rather than by total aggregate sales.
Increases from $1,000,000 to $5,000,000 the aggregate fiscal year renegotiable sales amount which makes contractors and subcontractors covered by the Act.
Referred to Subcommittee on General Oversight and Renegotiation.
Introduced in House
Introduced in House
Referred to House Committee on Banking, Finance and Urban Affairs.
Referred to Subcommittee on General Oversight and Renegotiation.
Subcommittee Hearings Held.
Subcommittee Hearings Held.
Subcommittee Consideration and Mark-up Session Held.
Forwarded by Subcommittee to Full Committee.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported.
Reported to House by House Committee on Banking, Finance and Urban Affairs. Report No: 98-982.
Reported to House by House Committee on Banking, Finance and Urban Affairs. Report No: 98-982.
Placed on House Calendar No: 551.
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