HR 5335 · 101th Congress · Armed Forces and National Security

Defense Budgeting and Full-Cost Disclosure Act of 1990

Introduced 1990-07-20· Sponsored by Rep. McCloskey, Frank [D-IN-8]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Investigations.(1990-07-26)

Plain Language Summary

[AI summary unavailable — showing source text] Defense Budgeting and Full-Cost Disclosure Act of 1990 - Requires the total life-cycle cost (costs of development, procurement, construction, operation, maintenance, and support) of a major defense acquisition program to be included in Selected Acquisition Reports required for such programs. Requires the Secretary of Defense to implement such cost criteria in a uniform manner throughout the Department of Defense. Allows a defense funds restoral (a restoration of funds to an appropriation account of the Department) to be carried out only during the first fiscal year following the end of the period of availability for obligation of the funds to be restored. Requires the Secretary to report to the Congress on the feasibility of the periodic submission of reports on anticipated termination costs of major defense acquisition programs.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

19 Democrats1 Republican