SEC. 113. PROSECUTION OF CLAIMS AGAINST UNITED STATES BY

FORMER PERSONNEL.

Nothing in title 18, United States Code, sections 281 and 283, or in section 190 of the Revised Statutes (U.S.C., title 5, sec. 99) shall be deemed to prevent any person by reason of service in a Department or the Board from acting as counsel, agent, or attorney for prosecuting any claim against the United States: Provided, That such person shall not prosecute any claim against the United States (1) involving any subject matter directly connected with which such person was so employed, or (2) during the period such person is engaged in employment in a Department or the Board. 23

SEC. 114. REports to cONGRESS.

The Board shall on or before January 1, 1957, and on or before January 1 of each year thereafter, submit to the Congress a complete report of its activities for the preceding year ending on June 30. Such report shall include

(1) the number of persons in the employment of the Board during such year, and the places of their employment;

(2) the administrative expenses incurred by the Board during such year;

(3) statistical data relating to filings during such year by contractors and subcontractors, and to the conduct and disposition during such year of proceedings with respect to such filings and filings made during previous years;

(4) an explanation of the principal changes made by the Board during such year in its regulations and operating procedures;

(5) the number of renegotiation cases disposed of by the Tax Court, each United States Court of Appeals, and the Supreme Court during such year, and the number of cases pending in each such court at the close of such year; and

(6) such other information as the Board deems appropriate."

TITLE II-MISCELLANEOUS PROVISIONS

SEC. 201. FUNCTIONS UNDER WORLD WAR II RENEGOTIATION ACT.
(a) ABOLITION OF WAR CONTRACTS PRICE ADJUSTMENT BOARD.-
The War Contracts Price Adjustment Board, created by the Renego-
tiation Act, is hereby abolished.

(b) TRANSFER OF FUNCTIONS IN GENERAL.-All powers, functions, and duties conferred upon the War Contracts Price Adjustment Board by the Renegotiation Act and not otherwise specifically dealt with in this section are transferred to the Renegotiation Board.

(c) AMENDMENT OF THE RENEGOTIATION ACT.-Subsection (a)(4) (D) of the Renegotiation Act is amended by inserting at the end thereof the following: "A net renegotiation rebate shall not be repaid unless a claim therefor has been filed with the Board on or before the date of its abolition, or unless a claim shall have been filed with the Administrator of General Services (i) on or before June 30, 1951,25 or (ii) within ninety days after the making of an agreement or the entry of an order under subsection (c) (1) determining the amount of excessive profits, whichever is later. A claim shall be deemed to have been filed when received by the Board or the Administrator, whether or not accompanied by a statement of the Commissioner of Internal Revenue showing the amortization deduction allowed for the renegotiated year upon the recomputation made pursuant to section 124 (d) of the Internal Revenue Code."

Section 113 was amended by Pub. Law 870, 84th Cong., approved August 1, 1956, by striking out "during the period (or a part thereof) beginning July 1, 1950, and ending December 31, 1953," before "from acting".

24Section 114 was added by Pub. Law 870, 84th Cong., approved August 1, 1956.

Subsec. (a) (4) (D) of the Renegotiation Act was further amended by Public Law 183, 82d Cong., approved October 20, 1951, which changed "June 30, 1951" to "October 31, 1951," and by Public Law 576, 82d Cong., approved July 17, 1952, which changed "October 31, 1951" to "December 31, 1952."

(d) TRANSFER OF CERTAIN FUNCTIONS.-All powers, functions, and duties conferred upon the War Contracts Price Adjustment Board by subsection (a) (4) (D) of the Renegotiation Act, subject to the amendment thereof by subsection (c) of this section, are hereby transferred to the Administrator of General Services.

(e) FUNCTIONS AND RECORDS.-Each Secretary of a Department is authorized and directed to eliminate the excessive profits determined under all existing renegotiation agreements or orders by the methods enumerated in subsection (c) (2) of the Renegotiation Act in respect of all renegotiations conducted by his Department pursuant to delegations from the War Contracts Price Adjustment Board. The several Departments shall retain custody of the renegotiation case files covering renegotiations thus conducted for such time as the Secretary deems necessary for the purposes of this section, and thereafter they shall be made available to the Renegotiation Board for appropriate disposition. The renegotiation records of the War Contracts Price Adjustment Board shall become records of the Renegotiation Board on the effective date of this section.

(f) REFUNDS.-All refunds under subsection (a) (4) (D) of the
Renegotiation Act (relating to the recomputation of the amortization
deduction), all refunds under the last sentence of subsection (i) (3)
of such Act (relating to excess inventories), and all amounts finally
adjudged or determined to have been erroneously collected by the
United States pursuant to a determination of excessive profits, with
interest thereon in the last mentioned case at a rate not to exceed 4
per centum per annum as may be determined by the Administrator of
General Services or his duly authorized representative computed to
the date of certification to the Treasury Department for payment, shall
be certified by the Administrator of General Services or his duly
authorized representative to the Treasury Department for payment
from such appropriations as may be available therefor: Provided,
That such refunds shall be based solely on the certificate of the Admin-
istrator of General Services or his duly authorized representative.

(g) EXISTING POLICIES, PROCEDURES, ETC., TO REMAIN IN EFFECT.-
All policies, procedures, directives, and delegations of authority pre-
scribed or issued (1) by the War Contracts Price Adjustment Board,
or (2) by any Secretary or other duly authorized officer of the Govern-
ment, under the authority of the Renegotiation Act, in effect upon the
effective date of this section and not inconsistent herewith, shall remain
in full force and effect unless and until superseded, or except as they
may be amended, under the authority of this section or any other
appropriate authority. All functions, powers, and responsibilities
transferred by this section shall be accompanied by the authority to
issue appropriate regulations and procedures, or to modify existing
procedures, in respect of such powers, functions, and responsibilities.
(h) SAVINGS PROVISION.-This section shall not be construed (1) to
prohibit disbursements authorized by the War Contracts Price Adjust-
ment Board and certified pursuant to its authority prior to the effective
date of this section, (2) to affect the validity or finality of any agree-
ment or order made or issued pursuant to law by the War Contracts
Price Adjustment Board or pursuant to delegations of authority from
it, or (3) to prejudice or to abate any action taken or any right accruing
or accrued, or any suit or proceeding had or commenced in any civil
cause; but any court having on its docket a case to which the War
Contacts Price Adjustment Board is a party, on motion or supple-
mental petition filed at any time within four years after the effective
date of this section, showing a necessity for the survival of such suit,
action, or other proceeding to obtain a determination of the questions
involved, may allow the same to be maintained by or against the
United States. If any such case has been dismissed by any court for
failure to substitute for the War Contracts Price Adjustment Board

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prior to the effective date of this sentence, such case is hereby revived and reinstated in such courts as if it had not been dismissed.26

(i) RENEGOTIATION ACT NOT REPEALED.-Except as by this Act specifically amended or modified, all provisions of the Renegotiation Act shall remain in full force and effect.

(j) DEFINITIONS.-The terms which are defined in the Renegotiation Act shall, when used in this section, have the same meaning as when used in the Renegotiation Act, except that where a renegotiation function has been transferred by or pursuant to law the terms "Secretary" or "Secretaries" and "Department" or "Departments" shall be understood to refer to the successors in function to those officers or offices specifically named in the Renegotiation Act.

(k) EFFECTIVE DATE OF SECTION. This section shall take effect sixty days after the date of the enactment of this Act.

SEC. 202. PERIOD OF LIMITATIONS FOR RENEGOTIATION ACT OF 1948.
No proceeding under the Renegotiation Act of 1948 to determine
the amount of excessive profits for any fiscal year shall be commenced
more than one year after the mandatory statement required by the
regulations issued pursuant to such Act is filed with respect to such
year, or more than six months after the date of the enactment of this
title, whichever is the later, and if such proceeding is not so com-
menced (in the manner provided by the regulations prescribed pur-
suant to such Act), all liabilities of the contractor or subcontractor
under such Act for excessive profits received or accrued during such
fiscal year shall thereupon be discharged. If an agreement or order
determining the amount of excessive profits under such Act is not
made within two years following the commencement of the renegotia-
tion proceeding, then upon the expiration of such two years all lia-
bilities of the contractor or subcontractor for excessive profits with
respect to which such proceeding was commenced shall thereupon be
discharged, except that (1) such two-year period may be extended by
mutual agreement, and (2) if within such two years such an order
is duly issued pursuant to such Act, such two-year limitation shall not
apply to the review of such order by any renegotiation board duly
authorized to undertake such review.

SEC. 203. AMENDMENT OF SECTION 3806 OF THE INTERNAL REVENUE
CODE.

Section 3806 (a) (1) of the Internal Revenue Code is hereby amended by striking out subparagraphs (A), (B), and (C) and inserting in lieu thereof the following:

"(A) The term 'renegotiation' includes any transaction which is a renegotiation within the meaning of the Federal renegotiation act applicable to such transaction, any modification of one or more contracts with the United States or any agency thereof, and any agreement with the United States or any agency thereof in respect of one or more such contracts or subcontracts thereunder.

"(B) The term 'excessive profits' includes any amount which constitutes excessive profits within the meaning assigned to such term by the applicable Federal renegotiation act, any part of the contract price of a contract with the United States or any agency thereof, any part of the subcontract price of a subcontract under such a contract, and any profits derived from one or more such contracts or subcontracts.

"(C) The term 'subcontract' includes any purchase order or agreement which is a subcontract within the meaning assigned to such term by the applicable Federal renegotiation act.

Matter in italics in section 201 (h) was added by Pub. Law 764, 83d Cong., approved September 1, 1954.

"(D) The term 'Federal renegotiation act' includes section 403 of the Sixth Supplemental National Defense Appropriation Act (Public Law 528, 77th Cong., 2d Sess.), as amended or supplemented, the Renegotiation Act of 1948, as amended or supplemented, and the Renegotiation Act of 1951, as amended or supplemented."

SEC. 204. SEPARABILITY PROVISION.

If any provision of this Act or the application of any provision to any person or circumstance is held invalid, the validity of the remainder of the Act and of the application of its provisions to other persons and circumstances shall not be affected thereby.

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