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Bill > HR6739


US HR6739

US HR6739
Defense Contract Inflation Adjustment Act of 2023


summary

Introduced
12/13/2023
In Committee
12/13/2023
Crossed Over
Passed
Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

A BILL To modify and extend the temporary authority of the President to modify certain contracts and options based on the impacts of inflation, and for other purposes.

AI Summary

This bill would modify and extend the temporary authority of the President to modify certain defense contracts and options based on the impacts of inflation. Specifically, the bill would amend the existing law (Public Law 85-804) to allow the Secretary to use any funds specifically provided for the purpose of adjusting contracts for inflation, and it would extend the expiration of this temporary authority from December 31, 2023 to December 31, 2024.

Committee Categories

Military Affairs and Security

Sponsors (1)

Last Action

Referred to the House Committee on Armed Services. (on 12/13/2023)

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