PUBLIC LAW 105-85—NOV. 18, 1997 111 STAT. 1675 (2) The item relating to section 482 in the table of sections at the beginning of chapter 23 of such title is amended to read as follows: "482. Quarterly reports: personnel and unit readiness.". (b) IMPLEMENTATION PLAN TO EXAMINE READINESS INDICA- lo use 482 note. TORS.— Not later than January 15, 1998, the Secretary of Defense shall submit to the congressional defense committees a plan— (1) specifying the manner in which the Secretary will implement the additional reporting requirement of subsection (d) of section 482 of title 10, United States Code, as added by this section; and (2) specifying the criteria proposed to be used to evaluate the readiness indicators identified in such subsection (d). (c) LIMITATION PENDING RECEIPT OF IMPLEMENTATION PLAN. — Of the amount available for fiscal year 1998 for operation and support activities of the Office of the Secretary of Defense, 10 percent may not be obligated until after the date on which the implementation plan required by subsection (b) is submitted. (d) TRANSITION TO COMPLETE REPORT. —Until the report under lo use 482 note. section 482 of title 10, United States Code, as amended by subsection (a), for the third quarter of 1998 is submitted, the Secretary of Defense may omit the information required by subsection (d) of such section if the Secretary determines that it is impracticable to comply with such subsection with regard to the preceding reports. SEC. 323. SEMIANNUAL REPORTS ON TRANSFERS FROM HIGH- PRIORITY READINESS APPROPRIATIONS. (a) REPORTS REQUIRED. — Chapter 23 of title 10, United States Code, is amended by adding at the end the following new section:
- '§483. Reports on transfers from high-priority readiness
appropriations "(a) ANNUAL REPORTS.— Not later than the date on which the President submits the budget for a fiscal year to Congress pursuant to section 1105 of title 31, the Secretary of Defense shall submit to the Committee on Armed Services and the Committee on Appropriations of the Senate and the Committee on National Security and the Committee on Appropriations of the House of Representatives a report on transfers during the preceding fiscal year from funds available for each covered budget activity. "(b) MIDYEAR REPORTS.— Not later than June 1 of each fiscal year, the Secretary of Defense shall submit to the congressional committees specified in subsection (a) a report on transfers, during the first six months of that fiscal yesir, from funds available for each covered budget activity. "(c) MATTERS TO BE INCLUDED. —In each report under subsection (a) or (b), the Secretary of Defense shall include for each covered budget activity the following: "(1) A statement, for the period covered by the report, of— "(A) the total amount of transfers into funds available for that activity; "(B) the total amount of transfers from funds available for that activity; and "(C) the net amount of transfers into, or out of, funds available for that activity.
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