REVISIONS TO MULTIYEAR CONTRACTING AUTHORITY.

SEC. 820. REVISIONS TO MULTIYEAR CONTRACTING AUTHORITY. (a) Use of Procurement and Advance Procurement Funds.—Section 2306b(i) of title 10, United States Code, is amended by adding at the end the following new paragraph: “(4)(A) The Secretary of Defense may obligate funds for procurement of an end item under a multiyear contract for the purchase of property only for procurement of a complete and usable end item.116 STAT. 2614 “(B) The Secretary of Defense may obligate funds appropriated for any fiscal year for advance procurement under a contract for the purchase of property only for the procurement of those long-lead items necessary in order to meet a planned delivery schedule for complete major end items that are programmed under the contract to be acquired with funds appropriated for a subsequent fiscal year (including an economic order quantity of such long-lead items when authorized by law).”. (b) Effective Date.—(1) Paragraph (4) of section 2306b(i) of title 10, United States Code, as added by subsection (a), shall not apply with respect to any contract awarded before the date of the enactment of this Act. (2) Nothing in this section shall be construed to authorize the expenditure of funds under any contract awarded before the date of the enactment of this Act for any purpose other than the purpose for which such funds have been authorized and appropriated.