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Code · BILL · 117th Congress · H.R. 3125 (Engrossed in House) — To enhance authorities under the Defense Production Act of 1950 to respond to the COVID–19 emergency, to provide addi... · Sec. 6

Sec. 6. Enhanced reporting during COVID–19 emergency

404 words·~2 min read·/bill/117/hr/3125/eh/section-6

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Not later than 90 days after the date of the enactment of this Act, the President, in consultation with the Administrator of the Federal Emergency Management Agency, the Secretary of Defense, and the Secretary of Health and Human Services, shall submit to the appropriate congressional committees a report on the exercise of authorities under titles I, III, and VII of the Defense Production Act of 1950 ( 50 U.S.C. 4501 et seq.) prior to the date of such report for the purposes of the COVID–19 response. The report required under subsection
(a)and the update required under paragraph
(3)shall include the following: With respect to each exercise of such authority— an explanation of the purpose of the applicable contract, purchase order, or other exercise of authority (including an allocation of materials, services, and facilities under section 101(a)(2) of the Defense Production Act of 1950 ( 50 U.S.C. 4511(a)(2) ); the cost of such exercise of authority; and if applicable— the amount of goods that were purchased or allocated; an identification of the entity awarded a contract or purchase order or that was the subject of the exercise of authority; and an identification of any entity that had shipments delayed by the exercise of any authority under the Defense Production Act of 1950 ( 50 U.S.C. 4501 et seq.). A description of any consultations conducted with relevant stakeholders on the needs addressed by the exercise of the authorities described in paragraph (1). The President shall provide an additional briefing to the appropriate congressional committees on the matters described under paragraph
(2)no later than four months after the submission of the report. Any loan made pursuant to section 302 or 303 of the Defense Production Act of 1950, carried out by the United States International Development Finance Corporation pursuant to the authorities delegated by Executive Order No. 13922, shall be subject to the notification requirements contained in section 1446 of the BUILD Act of 2018 ( 22 U.S.C. 9656 ). For purposes of the notifications required by paragraph
(1)the term appropriate congressional committees , as used section 1446 of the BUILD Act of 2018, shall be deemed to include the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing and Urban Development of the Senate. The requirements of this section shall terminate on the later of— December 31, 2021; or the end of the COVID–19 emergency period.
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