A bill to provide authority to use Defense Modernization Account funds for time-sensitive equipment modernization.

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [S. 5555 Introduced in Senate (IS)] <DOC> 118th CONGRESS 2d Session S. 5555 To provide authority to use Defense Modernization Account funds for time-sensitive equipment modernization. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES December 17 (legislative day, December 16), 2024 Mr. Cornyn introduced the following bill; which was read twice and referred to the Committee on Armed Services _______________________________________________________________________ A BILL To provide authority to use Defense Modernization Account funds for time-sensitive equipment modernization. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. AUTHORITY TO USE DEFENSE MODERNIZATION ACCOUNT FUNDS FOR TIME-SENSITIVE EQUIPMENT MODERNIZATION. (a) In General.--Section 3136(d) of title 10, United States Code, is amended by adding at the end the following new paragraphs: ``(5) For procuring and integrating available commercial technologies and services to satisfy a joint urgent operational need,…