TASK FORCE FOR BUSINESS AND STABILITY OPERATIONS IN AFGHANISTAN AND ECONOMIC TRANSITION PLAN AND ECONOMIC STRATEGY FOR AFGHANISTAN.

SEC. 1535. TASK FORCE FOR BUSINESS AND STABILITY OPERATIONS IN AFGHANISTAN AND ECONOMIC TRANSITION PLAN AND ECONOMIC STRATEGY FOR AFGHANISTAN.(a) Projects of Task Force for Business and Stability Operations in Afghanistan.—(1) In general.—The Task Force for Business and Stability Operations in Afghanistan may carry out projects to assist the commander of United States Forces-Afghanistan and the Ambassador of the United States Mission in Afghanistan to reduce violence, enhance stability, and support economic normalcy in Afghanistan through strategic business and economic activities.(2) Direction, control, and concurrence.—A project carried out under paragraph (1) shall be subject to—(A) the direction and control of the Secretary of Defense; and(B) the concurrence of the Secretary of State.(3) Scope of projects.—The projects carried out under paragraph (1) may include projects that facilitate private investment, industrial development, banking and financial system development, agricultural diversification and revitalization, and energy development in and with respect to Afghanistan.(4) Funding.—The Secretary may use funds available for overseas contingency operations for operation and maintenance for the Army for additional activities to carry out projects under paragraph (1). The amount of funds used under authority in the preceding sentence may not exceed $150,000,000.(5) Prohibition on use of certain funds.—Funds provided for the Commanders’ Emergency Response Program may not be utilized to support or carry out projects of the Task Force for Business and Stability Operations.(6) Report.—Not later than October 31, 2011, the Secretary of Defense shall submit to the appropriate congressional committees a report describing—(A) the activities of the Task Force for Business and Stability Operations in Afghanistan in support of Operation Enduring Freedom during fiscal year 2011, including the projects carried out under paragraph (1) during that fiscal year; and124 STAT. 4427(B) how the activities of the Task Force for Business and Stability Operations in Afghanistan support the long-term stabilization of Afghanistan.(7) Expiration of authority.—The authority provided in paragraph (1) shall expire on September 30, 2011.(b) Plan for Transition of Task Force Activities to Agency for International Development.—(1) Plan required.—The Secretary of Defense, the Administrator of the Agency for International Development, and the Secretary of State shall jointly develop a plan to transition the activities of the Task Force for Business and Stability Operations in Afghanistan to the Department of State.(2) Elements of plan.—The plan shall describe at a minimum the following:(A) The activities carried out by the Task Force for Business and Stability Operations in Afghanistan in fiscal year 2011.(B) Those activities that the Task Force for Business and Stability Operations in Afghanistan carried out in fiscal year 2011 that the Agency for International Development will continue in fiscal year 2012, including those activities that, rather than explicitly continued, may be merged with similar efforts carried out by the Agency for International Development.(C) Any activities carried out by the Task Force for Business and Stability Operations in Afghanistan in fiscal year 2011 that the Agency for International Development will not continue and the reasons that such activities shall not be continued.(D) Those actions that may be necessary to transition activities carried out by the Task Force for Business and Stability Operations in Afghanistan in fiscal year 2011 and that will be continued by the Agency for International Development in fiscal year 2012 from the Department of Defense to the Agency for International Development.(3) Report required.—At the same time that the budget of the President is submitted to Congress under section 1105(a) of title 31, United States Code, for fiscal year 2012, the Secretary of Defense shall submit the plan to the appropriate congressional committees.(c) Report on Economic Strategy for Afghanistan.—(1) Report required.—Not later than 180 days after the date of the enactment of this Act, the President, acting through the Secretary of State and the Secretary of Defense, shall submit to the appropriate congressional committees a report on an economic strategy for Afghanistan that—(A) supports the United States counterinsurgency campaign in Afghanistan;(B) promotes economic stabilization in Afghanistan, consistent with a longer-term development plan for Afghanistan; and(C) enhances the establishment of sustainable institutions in Afghanistan.(2) Elements.—The report shall include the following:(A) An identification of the sectors within the Afghanistan economy that offer the greatest economic opportunities 124 STAT. 4428 to support the purposes of the economic strategy for Afghanistan set forth under paragraph (1).(B) An assessment of the capabilities of the Government of Afghanistan to increase revenue generation to meet its own operational and developmental costs in the short-term, medium-term, and long-term.(C) An assessment of the infrastructure (water, power, rail, road) required to underpin economic development in Afghanistan.(D) A description of the potential role in the economic strategy for Afghanistan of each of the following:(i) Private sector investment, including investment by and through the Overseas Private Investment Corporation.(ii) Efforts to promote public-private partnerships.(iii) National Priority Programs of the Government of Afghanistan, including the Afghanistan National Solidarity Program, and public works projects.(iv) International financial institutions, including the International Bank for Reconstruction and Development and the Asian Development Bank.(v) Efforts to promote trade, including efforts by and through the Export-Import Bank of the United States.(vi) Department of Defense policies to promote economic stabilization and development, including the Afghanistan First procurement policy and efforts by the Department to enhance transportation, electrification, and communications networks both within Afghanistan and between Afghanistan and neighboring countries.(E) An evaluation of the regional dimension of an economic strategy for Afghanistan, including a description of economic areas suitable for regional collaboration and a prioritization among such areas for attention under the strategy.(F) A timeline and milestones for activities that can promote economic stabilization, development, and sustainability in Afghanistan in the short-term, medium-term, and long-term.(G) Metrics for assessing progress under the economic strategy for Afghanistan.(d) Appropriate Congressional Committees Defined.—In this section, the term “appropriate congressional committees” means—(1) the Committees on Armed Services, Foreign Relations, and Appropriations of the Senate; and(2) the Committees on Armed Services, Foreign Affairs, and Appropriations of the House of Representatives.124 STAT. 4429