A bill to increase the authority to transfer unobligated balances between certain accounts of the Department of Defense in order to meet increased military personnel costs resulting from fluctuations in foreign currency exchange rates, and for other purposes.

Summary

Amends the Department of Defense Appropriations Act, 1988, and the National Defense Authorization Act for Fiscal Years 1988 and 1989 to increase the amount that the Secretary of Defense may transfer between appropriations and between authorizations within the Department of Defense. Directs the Secretary to give priority to civilian employees, readiness, and a more efficient acquisition process. Allows the Secretary to transfer between the Foreign Currency Fluctuations, Defense account and the military personnel account of a military department funds resulting from increased or decreased military personnel costs due to fluctuations in foreign currency exchange rates.

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Timeline

1. 4 March 1988

   Introduced

   Read twice and referred to the Committee on Armed Services.

   Source: IntroReferral

2. 4 March 1988

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 27 April 1988

   Reported

   Committee on Armed Services. Ordered favorably reported an original bill (S. 2374) in lieu of this measure.

   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 Senate

  summary · EN · 4 March 1988

  Open at official source

Sponsors

• Sen. Nickles, Don [R-OK] · R · Sponsor
• Sen. Boren, David L. [D-OK] · D · Sponsor
• Sen. Hatch, Orrin G. [R-UT] · R · Sponsor
• Sen. Garn, E. J. (Jake) [R-UT] · R · Sponsor
• Sen. Glenn, John H., Jr. [D-OH] · D · Sponsor
• Sen. Metzenbaum, Howard M. [D-OH] · D · Cosponsor
• Sen. Gramm, Phil [R-TX] · R · Cosponsor
• Sen. McCain, John [R-AZ] · R · Cosponsor
• Sen. Dixon, Alan J. [D-IL] · D · Cosponsor
• · ssas00 · Standing

Related records

• related to ← An original bill to authorize the Secretary of Defense to transfer between accounts a limited amount of funds appropriated for the Department of Defense for fiscal year 1989.