S.Amdt. 2033

1. 1

   Change 1: Adds SEC. 106. NATIONAL GUARD AND RESERVE EQUIPMENT at the end of subtitle A of title I

   Adds a section

   Inserted: SEC. 106. NATIONAL GUARD AND RESERVE EQUIPMENT.

   Inserted: (a) In General.--Funds are hereby authorized to be appropriated for fiscal year 2008 for National Guard and Reserve Equipment in the amount of $500,000,000, with the amount to be available for equipment reset for the Army National Guard.

   Inserted: (b) Offset.--The amount authorized to be appropriated by section 201(4) for research, development, test, and evaluation, Defense-wide activities, is hereby reduced by $500,000,000, with the amount of the reduction allocated so that--

   Inserted: (1) the amount available for European missile defense is reduced by $225,000,000; and

   Inserted: (2) the amount available for the Airborne Laser is reduced by $275,000,000.

   Original wording

   At the end of subtitle A of title I, add the following:

2. 2

   Change 2: Adds SEC. 358. ASSESSMENT OF THE DEFENSE INDUSTRIAL BASE FOR CRITICAL NATIONAL SECURITY PROGRAMS at the end of subtitle E of title III

   Adds a section

   Inserted: SEC. 358. ASSESSMENT OF THE DEFENSE INDUSTRIAL BASE FOR CRITICAL NATIONAL SECURITY PROGRAMS.

   Inserted: (a) Report on Assessment.--Not later than 60 days after the date of the enactment of this Act, the Secretary of Defense shall submit to the appropriate committees of Congress a report setting for the assessment of the Secretary of the capacity of the defense industrial base of the United States (including the industrial resource and critical technology production capacity of the defense industrial base) to achieve, during the five-year period beginning on October 1, 2007, each of the following:

   Inserted: (1) To address equipment shortfalls of the National Guard as identified by the National Guard Bureau.

   Inserted: (2) To meet the requirements of the Critical Items List of the commanders in chief of the unified and specified combatant commands and to produce other items within the inventory of weapon systems and defense equipment identified as critical under an assessment conducted pursuant to section 113(i) of title 10, United States Code, or by a Presidential determination as a result of a petition filed under section 232 of the Trade Expansion Act of 1962 (19 U.S.C. 1862) in accordance with the Defense Production Act of 1950 (50 U.S.C. App. 2077 et seq.).

   Inserted: (b) Recommendations.--If the assessment required by subsection (a) includes a determination that the industrial resource and critical technology production capacity of the defense industrial base of the United States cannot achieve the matters specified in that subsection, or that the authorities provided by the Defense Production Act of 1950 or other laws are insufficient to address the shortfalls and meet requirements described in that subsection, the report shall include such recommendations as the Secretary considers appropriate for actions, including investments and modifications to the Defense Production Act of 1950, necessary to develop that capacity.

   Inserted: (c) Appropriate Committees of Congress Defined.--In this section, the term "appropriate committees of Congress" means--

   Inserted: (1) the Committees on Armed Services and Banking, Housing, and Urban Affairs of the Senate; and

   Inserted: (2) the Committees on Armed Services and Financial Services of the House of Representatives.

   Original wording

   At the end of subtitle E of title III, add the following:

Read automatically from the Congressional Record. Check the original before relying on it.

As printed