S.Amdt. 2199

SA 2199. Mr. REED submitted an amendment intended to be proposed by
him to the bill S. 4049, to authorize appropriations for fiscal year
2021 for military activities of the Department of Defense, for military
construction, and for defense activities of the Department of Energy,
to prescribe military personnel strengths for such fiscal year, and for
other purposes; which was ordered to lie on the table; as follows:

At the end of subtitle G of title VIII, add the following:

SEC. 894. ADDITIONAL REQUIREMENTS RELATED TO MITIGATING RISKS
RELATED TO FOREIGN OWNERSHIP, CONTROL, OR
INFLUENCE OF DEPARTMENT OF DEFENSE CONTRACTORS
AND SUBCONTRACTORS.

(a) Compliance Assessment.--Subparagraph (A) of paragraph
(2) of section 847(b) of the National Defense Authorization
Act for Fiscal Year 2020 (Public Law 116-92) is amended by
adding at the end the following new clause:
``(v) A requirement for the Secretary to require reports
and conduct examinations on a periodic basis of covered
contractors and subcontractors in order to assess compliance
with the requirements of this section.''.
(b) Additional Requirements for Responsibility
Determinations.--Subparagraph (B) of such paragraph is
amended--
(1) in clause (ii), by striking ``; and'' and inserting a
semicolon;
(2) by redesignating clause (iii) as clause (iv); and
(3) by inserting after clause (ii) the following new
clause:
``(iii) procedures for appropriately responding to changes
in contractor or subcontractor beneficial ownership status
based on changes in disclosures of their beneficial ownership
relating to whether they are under FOCI and based on the
reports and examinations required by subparagraph (A)(v);
and''.
(c) Timelines and Milestones for Implementation.--
(1) Implementation plan.--Not later than 60 days after the
date of the enactment of this Act, the Secretary of Defense
shall provide to the congressional defense committees a plan
and schedule for implementation of the requirements of
section 847 of the National Defense Authorization Act for
Fiscal Year 2020 (Public Law 116-92), including--
(A) a timeline for issuance of regulations, development of
training for appropriate officials, and development of
systems for reporting of beneficial ownership and FOCI by
contractors and subcontractors;
(B) designation of officials and organizations responsible
for execution; and
(C) interim milestones to be met in implementing the plan.
(2) Revision of regulations, directives, guidance,
training, and policies.--Not later than 180 days after the
date of the enactment of this Act, the Secretary of Defense
shall revise relevant directives, guidance, training, and
policies, including revising the Defense Federal Acquisition
Regulation Supplement as needed, to fully implement section
847 of the National Defense Authorization Act for Fiscal Year
2020 (Public Law 116-92), as amended by this section.
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