106 STAT. 2690 PUBLIC LAW 102-484—OCT. 23, 1992 (1) $50,000,000 shall be available to provide support to regioneJ, State, and local government programs; and (2) $75,000,000 shall be available for programs designed to assist small businesses. SEC. 4236. DEFENSE INDUSTRIAL RESERVE. (a) TRANSFER OF SECTIONS.— (1) Subchapter V of chapter 148 is amended by adding at the end, without text, the following new section:
- § 2535. Defense Industrial Reserve**.
(2) The text of section 2 of the Defense Industrial Reserve Act (50 U.S.C. 451) is— 10 USC 2535. (A) transferred to section 2535; (B) inserted after the section heading; and (C) amended by striking out "In enacting this Act, it" and inserting in lieu thereof the following: (a) DECLARATION OF PURPOSE AND POLICY.—I t". (3) The text of section 4 of that Act (50 U.S.C. 453) is— (A) transferred to section 2535; (B) inserted after subsection (a), as designated by paragraph (2)(C); and (C) amended— (i) by striking out "(a) To execute the policy set forth in this Act," and inserting in lieu thereof the following: "(b) POWERS AND DUTIES OF THE SECRETARY OF DEFENSE. — (1) To execute the policy set forth in this section,"; (ii) by striking out "(1) determine" and inserting in lieu thereof "(A) determine"; (iii) by striking out "(2) designate" and inserting in lieu thereof "(B) designate"; (iv) by striking out "(3) establish" and inserting in lieu thereof "(C) establish"; (v) by striking out "(4) direct" and inserting in lieu thereof "(D) direcf^ (vi) by striking out "(5) direct" and inserting in lieu thereof "(E) direct"; (vu) by striking out "(6) authorize" and inserting in lieu thereof "(F) authorize"; (viii) by striking out "(7) authorize" and all that follows through "(B) such institution" and inserting in lieu thereof "(G) authorize and regulate the lending of any such property to any nonprofit educational institution or traming school whenever (i) the program proposed by such institution or school for the use of such property wili contribute materially to national defense, and (li) such institution"; (ix) by striking out "(b)(1) The Secretary" and inserting in lieu thereof "(2)(A) The Secretary"; (x) by strildng out "(A) storage" and inserting in lieu thereof "(i) storage^; (xi) by strilong out "(B) repair" and inserting in lieu thereof "(u) repair"; (xu) by striking out "(C) overhead" and inserting in lieu thereof "(iu) overhead"; and (xiu) by striking out "(2) The Secretary of Defense shallprescribe regulations" and inserting in lieu thereof R^uiations. «*(B) The Secretary of Defense shall prescribe regulations".
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