DEFENSE DUAL USE TECHNOLOGY INITIATIVE.

SEC. 204. DEFENSE DUAL USE TECHNOLOGY INITIATIVE. (a) Fiscal Year 1996 Amount.— Of the amount authorized to be appropriated in section 201(4), $195,000,000 shall be available for the defense dual use technology initiative conducted under chapter 148 of title 10, United States Code. (b) Availability of Funds for Existing Technology Reinvestment Projects.— The Secretary of Defense shall use amounts made available for the defense dual use technology initiative under subsection (a) only for the purpose of continuing or completing technology reinvestment projects that were initiated before October 1, 1995. (c) Notice Concerning Projects To Be Carried Out.— Of the amounts made available for the defense dual use technology initiative under subsection (a)— (1) $145,000,000 shall be available for obligation only after the date on which the Secretary of Defense notifies the congressional defense committees regarding the defense reinvestment projects to be funded using such funds; and (2) the remaining $50,000,000 shall be available for obligation only after the date on which the Secretary of Defense certifies to the congressional defense committees that the defense reinvestment projects to be funded using such funds have been determined by the Joint Requirements Oversight Council to be of significant military priority.