(a) The provisions of this chapter shall not apply to the following provisions of law, the powers and authorities conferred thereby, and actions taken thereunder:
(1) Act of June 30, 1949 (
41 U.S.C.
252);
(2) Section
3727 (a)(e)(1) of title 31;
(3) Section 3737 of the Revised Statutes, as amended (
41 U.S.C.
15);
(4) Public Law 85804 (Act of Aug. 28, 1958, 72 Stat. 972;
50 U.S.C.
1431 et seq.);
(b) Each committee of the House of Representatives and the Senate having jurisdiction with respect to any provision of law referred to in subsection (a) of this section shall make a complete study and investigation concerning that provision of law and make a report, including any recommendations and proposed revisions such committee may have, to its respective House of Congress within two hundred and seventy days after September 14, 1976.