S.Amdt. 2928

1. Adds SEC. 1084. RESPONSIBILITIES REGARDING FINANCING OF OVERSEAS CONTINGENCY OPERATIONS at the end of subtitle H of title X

   Adds a section

   In S. 3254 · Placed on Calendar Senate

   (2) to strongly urge the Department of Defense to investigate innovative mechanisms (subject to all appropriate security requirements) to access to the pool of talent of non- United States citizens with advanced scientific and technical degrees from United States institutions of higher education, especially in those scientific and technical areas that are most vital to the national defense (such as those identified by the Assistant Secretary of Defense for Research and Engineering and the Armed Forces).

   Inserted: SEC. 1084. RESPONSIBILITIES REGARDING FINANCING OF OVERSEAS CONTINGENCY OPERATIONS.

   Inserted: (a) Responsibilities of the President.--The President shall ensure that any request to Congress for funds for or relating to an overseas contingency operation includes the following:

   Inserted: (1) A specific statement of the requested funds, including--

   Inserted: (A) amounts requested for each appropriations account covered by the request; and

   Inserted: (B) amounts intended to be allocated, where available, to programs, projects, and activities to be funded through the request.

   Inserted: (2) A specific proposal for means of financing the amount requested, including an increase in specified revenues, a decrease in specified programs, projects, or activities, borrowing by the Federal Government, or other appropriate means.

   Inserted: (b) Responsibilities of the Director of the Office of Management and Budget.--

   Inserted: (1) In general.--The Director of the Office of Management and Budget shall be the principal official of the Federal Government with responsibility for advising the President on financial matters in connection with overseas contingency operations, including the costs and proposed means of financing of all programs, projects, and activities of the Federal Government in connection with such operations.

   Inserted: (2) Particular responsibilities.--The responsibility of the Director under this subsection shall include the responsibilities as follows:

   Inserted: (A) To advise and report to the President on estimates of costs in connection with overseas contingency operations, including direct and indirect costs, current and future costs, and anticipated contracting costs.

   Inserted: (B) To identify and report to the President on means of financing the costs of the Federal Government in connection with overseas contingency operations, including an increase in specified revenues, a decrease in specified programs, projects, or activities, borrowing by the Federal Government, or other appropriate means.

   Inserted: (3) Consultation.--The Director shall carry out the responsibility of the Director under this subsection in consultation with the Secretary of the Treasury, the Secretary of Defense, the Secretary of State, and other appropriate officials of the Federal Government.

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   Inserted: (c) Annual Reports to Congress.--Not later than 45 days after the end of each fiscal year in which Federal funds are obligated for or in connection with an overseas contingency operation, the Director of the Office of Management and Budget shall submit to Congress a report on the obligation and expenditure of Federal funds for or in relation to the operation during such fiscal year and in the aggregate since the commencement or designation of the operation as a contingency operation.

   Inserted: (d) Overseas Contingency Operation Defined.--In this section, the term "overseas contingency operation" means a military operation outside the United States and its territories and possessions that is a contingency operation (as that term is defined in section 101(a)(13) of title 10, United States Code).

   Original wording

   At the end of subtitle H of title X, add the following:

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As printed