There is one summary for H.R.3444. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (05/10/1996)

Amends the National Defense Authorization Act for Fiscal Year 1995 to: (1) repeal a requirement prohibiting the Secretary of Defense from paying restructuring costs associated with a business combination (merger or acquisition) undertaken by a defense contractor until a review or certification with respect to possible cost savings achieved by such business combination is completed by the Department of Defense (DOD); (2) eliminate a 1997 reporting requirement concerning such possible savings; (3) include new information for determining such savings; (4) require the Comptroller Generally to report quarterly (currently, periodically) on the implementation of DOD policy regarding defense industry restructuring; and (5) require the final report of the Comptroller General on December 1, 1996 (currently, 1997).