note. 110 STAT. 410 PUBLIC LAW 104-106—FEB. 10, 1996 (2) The table of sections at the beginning of chapter 131 of such title is amended by inserting after the item relating to section 2215 the following new item: "2216. Defense Modernization Account.". 10 USC 2216 (b) EFFECTIVE DATE.— Section 2216 of title 10, United States ^°^- Code (as added by subsection (a)), shall apply only to funds appropriated for fiscal years after fiscal year 1995. 10 USC 2216 (c) EXPIRATION OF AUTHORITY AND ACCOUNT. — (1) The authority note. under section 2216(b) of title 10, United States Code (as added by subsection (a)), to transfer funds into the Defense Modernization Account terminates at the close of September 30, 2003. (2) Three years after the termination date specified in paragraph (1), the Defense Modernization Account shall be closed and any remaining balance in the account shall be canceled and thereafter shall not be available for any purpose. Reports. (d) GAO REVIEWS.— (1) The Comptroller General of the United 10 USC 2216 States shall conduct two reviews of the administration of the Defense Modernization Account. In each review, the Comptroller General shall assess the operations and benefits of the account. (2) Not later than March 1, 2000, the Comptroller General shall— (A) complete the first review; and (B) submit to the specified committees of Congress an initial report on the administration and benefits of the Defense Modernization Account. (3) Not later than March 1, 2003, the Comptroller General shall— (A) complete the second review; and (B) submit to the specified committees of Congress a final report on the administration and benefits of the Defense Modernization Account. (4) Each such report shall include any recommended legislation regarding the account that the Comptroller General considers appropriate. (5) For purposes of this subsection, the term "specified committees of Congress" means the congressional committees referred to in section 2216(i)(2) of title 10, United States Code, as added by subsection (a). SEC. 913. DESIGNATION AND LIABILITY OF DISBURSING AND CER- TIFYING OFFICIALS. (a) DISBURSING OFFICIALS.—(1) Section 3321(c) of title 31, United States Code, is amended by striking out paragraph (2) and inserting in lieu thereof the following: "(2) The Department of Defense.". (2) Section 2773 of title 10, United States Code, is amended— (A) in subsection (a)— (i) in paragraph (1), by striking out "With the approval of a Secretary of a military department when the Secretary considers it necessary, a disbursing official of the military department" and inserting in lieu thereof "Subject to paragraph (3), a disbursing official of the Department of Defense"; and (ii) by adding at the end the following new paragraph: "(3) A disbursing official may make a designation under paragraph (1) only with the approval of the Secretary of Defense or,
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