PUBLIC LAW 102-558—OCT. 28, 1992 106 STAT. 4199

Sec. 202. Fraudulent use of "Made in America" labels.

Sec. 203. Evaluation of domestic defense industrial base policy.

TITLE III—MISCELLANEOUS PROVISIONS

Sec. 301. Energy security.

Sec. 302. Domestic retail deposit-taking by foreign banks.

Sec. 303. Deposit insurance assessment rates for lifeline account deposits.

Sec. 304. Effective date.

Sec. 305. Provisional repeal of duplicative provisions.

TITLE I—AMENDMENTS TO THE
DEFENSE PRODUCTION ACT OF 1950

PART A—DECLARATION OF POLICY

SEC. 101. DECLARATION OF POLICY.

Section 2 of the Defense Production Act of 1950 (50 U.S.C.
App. 2062) is amended to read as follows:

"SEC. 2. DECLARATION OF POLICY.

"(a) FINDINGS.—The Congress finds that—

"(1) the vitality of the industrial and technology base of
the United States is a foundation of national security that
provides the industrial and technological capabilities employed
to meet national defense requirements, in peacetime and in
time of national emergency;

"(2) in peacetime, the health of the industrial and techno-
logical base contributes to the technological superiority of
United States defense equipment, which is a cornerstone of
the national security strategy, and the efficiency with which
defense equipment is developed and produced;

"(3) in times of crisis, a healthy industrial base will be
able to effectively provide the graduated response needed to
effectively meet the demands of the emergency;

"(4) in view of continuing international problems, the
Nation's demonstrated reliance on imports of materials and
components, and the need for measures to reduce defense pro-
duction lead times and bottlenecks, and in order to provide
for the national defense and national security, the United States
defense mobilization preparedness effort continues to require
the development of—

"(A) preparedness programs;

"(B) domestic defense industrial base improvement

measures;

"(C) provisions for a graduated response to any

threatening international or military situation;

"(D) the expansion of domestic productive capacity

beyond the levels needed to meet the civilian demand;

and

"(E) some diversion of certain materials and facilities

from civilian use to military and related purposes.

"(5) to meet the requirements referred to in this subsection,
this Act affords to the President an array of authorities to
shape defense preparedness programs and to take appropriate
steps to maintain and enhance the defense industrial and
technological base;

"(6) the activities referred to in this subsection are needed'
in order to—