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1669204
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1975/12/31 HR11016 Renegotiation Act Extension
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1669204
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1975/12/31 HR11016 Renegotiation Act Extension
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1975-12-31
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The original documents are located in Box 37, folder "12/31/75 HR11016 Renegotiation Act Extension" of the White House Records Office: Legislation Case Files at the Gerald R. Ford Presidential Library. Copyright Notice The copyright law of the United States (Title 17, United States Code) governs the making of photocopies or other reproductions of copyrighted material. Gerald R. Ford donated to the United States of America his copyrights in all of his unpublished writings in National Archives collections. Works prepared by U.S. Government employees as part of their official duties are in the public domain. The copyrights to materials written by other individuals or organizations are presumed to remain with them. If you think any of the information displayed in the PDF is subject to a valid copyright claim, please contact the Gerald R. Ford Presidential Library. Exact duplicates within this folder were not digitized. APPROVED DEC 3 1975 1975 signed 12/31/75 THE WHITE HOUSE ACTION WASHINGTON Last Day: December 31 December 24, 1975 Posted 12/31 MEMORANDUM FOR THE PRESIDENT To archives FROM: JIM CANNO 12/31 SUBJECT: H.R. 11016 - Renegotiation Act Extension Attached for your consideration is H.R. 11016, sponsored by Representative Minish and thirteen others, which would extend the Renegotiation Act of 1951 through September 30, 1976. The Act is due to expire on December 31, 1975, and this nine-month extension will allow the Congress additional time to consider the Administration's legislation to extend the Act for five years and to make a number of substantive changes in the Board's authorities. Additional information is provided in OMB's enrolled bill report at Tab A. OMB, Max Friedersdorf, Counsel's Office (Lazarus) and I recommend approval of the enrolled bill. RECOMMENDATION That you sign H.R. 11016 at Tab B. BENALA n. FORD LIBRARY DEC 0 1912 Digitized from Box 37 of the White House Records Office Legislation Case Files at the Gerald R. Ford Presidential Library PRESIDENT EXECUTIVE OFFICE OF THE PRESIDENT UNITED OFFICE OF MANAGEMENT AND BUDGET STATE WASHINGTON, D.C. 20503 DEC 2 3 1975 MEMORANDUM FOR THE PRESIDENT Subject: Enrolled Bill H.R. 11016 - Renegotiation Act extension Sponsor - Rep. Minish (D) New Jersey and 13 others Last Day for Action December 31, 1975 - Wednesday Purpose To extend the Renegotiation Act for nine months. Agency Recommendations Office of Management and Budget Approval Renegotiation Board Approval Discussion The Renegotiation Act of 1951 provides for the review by the Renegotiation Board of total profits derived from Federal defense and space-related contracts if a contractor's total renegotiable sales exceed $1 million annually. If the Board determines, in accordance with certain statutory criteria, that a contractor's profits are excessive, it is empowered to return those profits to the Federal Government. The Act is due to expire on December 31, 1975. The enrolled bill would extend the Act for nine months through September 30, 1976. The Administration has submitted legislation to the Congress to extend the Renegotiation Act for five years and to make a number of substantive changes in the Board's authorities. 2 No final action has yet been taken by the Congress on this proposal. The Renegotiation Act must be extended until action on the pending legislation has been completed since, under existing law, defense and space-related contracts entered into after December 31, 1975, are not subject to renegotiation. James Assistant m.Jrey for Legislative Reference Enclosures EXECUTIVE OFFICE OF THE PRESIDENT OFFICE OF MANAGEMENT AND BUDGET WASHINGTON, D.C. 20503 DEC 2 3 1975 MEMORANDUM FOR THE PRESIDENT Subject: Enrolled Bill H.R. 11016 - Renegotiation Act extension Sponsor - Rep. Minish (D) New Jersey and 13 others Last Day for Action December 31, 1975 - Wednesday Purpose To extend the Renegotiation Act for nine months. Agency Recommendations Office of Management and Budget Approval Renegotiation Board Approval Discussion The Renegotiation Act of 1951 provides for the review by the Renegotiation Board of total profits derived from Federal defense and space-related contracts if a contractor's total renegotiable sales exceed $1 million annually. If the Board determines, in accordance with certain statutory criteria, that a contractor's profits are excessive, it is empowered to return those profits to the Federal Government. The Act is due to expire on December 31, 1975. The enrolled bill would extend the Act for nine months through September 30, 1976. The Administration has submitted legislation to the Congress to extend the Renegotiation Act for five years and to make a number of substantive changes in the Board's authorities. FORD - STATES Attached document was not scanned because it is duplicated elsewhere in the document THE WHITE HOUSE WASHINGTON December 24, 1975 MEMORANDUM FOR: JIM CAVANAUGH FROM: MAX FRIEDERSDORF m. 6. SUBJECT: H.R. 11016 - Renegotiation Act extension The Office of Legislative Affairs has reviewd subject bill and recommends it be signed. PENEGOTIATION THE AMERICA BOARD WASHINGTON, D.C. 20446 DEC 22 1975 Mr. James M. Frey Assistant Director for Legislative Reference Office of Management and Budget New Executive Office Building Room 7201 Washington, D.C. 20503 Attention: Ms. Ramsey Re: Enrolled Bill Request H.R. 11016 Dear Mr. Frey: Reference is made to your memorandum dated December 19, 1975 requesting the Renegotiation Board's views and recommendations on enrolled bill H.R. 11016. The Board approves this bill which would extend the applicability of the Renegotiation Act of 1951, as amended, to September 30, 1976. The Renegotiation Act of 1951, as amended, is due to expire December 31, 1975 and this nine-month extension will allow Congress the additional time it needs to complete its work on a comprehensive review to strengthen and reinvigorate the renegotiation process. It is therefore recommended that the President sign the bill. Sincerely, AMERICAN REVOLUTION WEDENTENNIAL Chairman 1776-1976 THE WHITE HOUSE ACTION MEMORANDUM WASHINGTON LOG NO.: Date: Time: December 24 900am FOR ACTION: Glenn Schleede. CC (for information): Jack Marsh Max Friedersdorf Jim Cavanaugh Ken Lazarus Warren Hendriks FROM THE STAFF SECRETARY DUE: Date: December 24 Time: noon SUBJECT: H.R. 11016-Renegotiation Act extension ACTION REQUESTED: For Necessary Action For Your Recommendations Prepare Agenda and Brief Draft Reply X For Your Comments Draft Remarks REMARKS: Please return to Judy Johnston, Ground Floor West Wing No objection. Dudley Chapman PLEASE ATTACH THIS COPY TO MATERIAL SUBMITTED. If you have any questions or if you anticipate a delay in submitting the required material, please telephone the Staff Secretary immediately. THE WHITE HOUSE ACTION MEMORANDUM WASHINGTON LOG NO.: Date: December 24 Time: 900am FOR ACTION: Glenn Schleede. cc (for information): Jack Marsh Max Friedersdorf Jim Cavanaugh Ken Lazarus Warren Hendriks FROM THE STAFF SECRETARY DUE: Date: December 24 Time: noon SUBJECT: H.R. 11016-Renegotiation Act extension ACTION REQUESTED: For Necessary Action For Your Recommendations Prepare Agenda and Brief Draft Reply X For Your Comments Draft Remarks REMARKS: Please return to Judy Johnston, Ground Floor West Wing Research PLEASE ATTACH THIS COPY TO MATERIAL SUBMITTED. If you have any questions or if you anticipate a delay in submitting the required material, please telephone the Staff Secretary immediately. H. R. 11016 Ainety-fourth Congress of the United States of America AT THE FIRST SESSION Begun and held at the City of Washington on Tuesday, the fourteenth day of January, one thousand nine hundred and seventy-five An Act To extend the Renegotiation Act of 1951 for nine months. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That section 102(c) (1) of the Renegotiation Act of 1951 is amended by striking out "December 31, 1975" and inserting in lieu thereof "September 30, 1976". Speaker of the House of Representatives. Vice President of the United States and President of the Senate. December 19, 1975 Dear Mr. Director: The following bills were received at the White House on December 19th: H.R. 3474 M.R. 8631 H.R. 4073 H.R. 10555 H.R. 5541 H.R. 10792 K.R. 6461 H.R. 11016 H.R. 7862 H.R. 11172 Please let the President have reports and recommendations as to the approval of these bills as soon as possible. Sincerely, Robert D. Linder Chief Executive Clerk The Nonorable James T. Lynn Director Office of Management and Budget Washington, D. C.