LIMITATION ON OBLIGATIONS AGAINST STOCK FUNDS

SEC. 311. LIMITATION ON OBLIGATIONS AGAINST STOCK FUNDS (a) Limitation.— (1) The Secretary of Defense may not incur obligations against the stock funds of the Department of Defense during fiscal year 1991 in excess of 80 percent of the sales from such stock funds during that fiscal year. (2) For purposes of determining the amount of obligations against, and sales from, the stock funds during fiscal year 1991, the Secretary shall exclude obligations and sales for fuel and subsistence items. (b) Exception.— The Secretary of Defense may waive the limitation contained in subsection (a) if the Secretary determines that such waiver is critical to the national security of the United States. The Secretary shall immediately notify Congress of any such waiver and the reasons for such waiver.