OBLIGATION OF FUNDS IN SPECIAL DEFENSE ACQUISITION FUND FOR PRECISION GUIDED MUNITIONS.

SEC. 1203. OBLIGATION OF FUNDS IN SPECIAL DEFENSE ACQUISITION FUND FOR PRECISION GUIDED MUNITIONS. (a) In General.—Section 114(c)(3) of title 10, United States Code, is amended by striking “Of the amount” and all that follows through “only to procure” and inserting “Of the amount of annual obligations from the Special Defense Acquisition Fund in each of fiscal years 2018 through 2022, not less than 20 percent shall be for funds to procure”. (b) [10 U.S.C. 114 note] Effective Date.—The amendment made by subsection (a) shall take effect as of October 1, 2017.