“To enhance private-sector outreach in support of the Defense Production Act of 1950, and for other purposes.”
No CRS summary available for this bill.
This section amends sec. 722 of the Defense Production Act of 1950 (50 U.S.C. 4567) by inserting a new subsection (d), redesignating existing subsections (d) and (e) as (e) and (f), to require the Committee to develop, not later than 365 days after enactment, a toolkit and online one-stop shop for federal agencies to share information on DPA authorities (excluding sec. 721 investment restrictions and title VIII industrial base funding), including solicitation processes and assistance, opportunities for small business concerns (as defined in sec. 3 of the Small Business Act (15 U.S.C. 632)), searchable awards data with awardees and priority ratings, voluntary agreements and executive reserves, and agency contacts. It further requires the Committee to develop, not later than 365 days after the toolkit, agency-specific plans for outreach to educate the private sector on commercial opportunities under such authorities, with updates at least annually; and adds to the annual report under redesignated subsection (e) a description of these outreach activities.
This section corrects a clerical error in the short title of the Defense Production Act of 1950 (i.e., striking “cited as “the Defense” and inserting “cited as the “Defense”), effective as of the date of the Act's original enactment.