Renegotiation Act Amendments of 1981

Summary

Renegotiation Act Amendments of 1981 - Reinstates until September 30, 1986, the Renegotiation Act of 1951 (providing for review of defense contractors' profits). Makes the Act inapplicable to amounts received by contractors from October 1, 1976, through the date of enactment. Requires renegotiation to be conducted by division and major product line, rather than by total aggregate sales. Increases from $1,000,000 to $5,000,000 the aggregate fiscal year renegotiable sales amount which makes contractors and subcontractors covered by the Act.

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Timeline

1. 7 October 1981

   Introduced

   Introduced in House

   Source: IntroReferral

2. 7 October 1981

   Introduced

   Referred to House Committee on Banking, Finance and Urban Affairs.

   Source: IntroReferral

3. 7 October 1981

   Introduced

   Introduced in House

   Source: IntroReferral

4. 5 November 1981

   Referred

   Referred to Subcommittee on General Oversight and Renegotiation.

   Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 7 October 1981

  Open at official source

Sponsors

• Rep. Minish, Joseph G. [D-NJ-11] · D · Sponsor
• · hsba00 · Standing

Related records

• related to ← Renegotiation Act Amendments of 1981