41 USC 8305 – Annual report
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Not later than 60 days after the end of each fiscal year, the Secretary of Defense shall submit to Congress a report on the amount of purchases by the Department of Defense from foreign entities in that fiscal year. The report shall separately indicate the dollar value of items for which this chapter was waived pursuant to—
(1) a reciprocal defense procurement memorandum of understanding described in section 8304(a) of this title;
(2) the Trade Agreements Act of 1979 (19 U.S.C. 2501 et seq.); or
(3) an international agreement to which the United States is a party.
Terms Used In 41 USC 8305
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.