Sec. 20202. United states strategy to counter threats to supply chains
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In accordance with Executive Order No. 14017 (86 Fed. Reg. 11849 relating to America’s supply chains), the Assistant Secretary shall, not later than 1 year after the date of the enactment of this Act, develop and implement a strategy taking a Governmentwide approach to support the resilience, diversity, security, and strength of supply chains. The strategy required under subsection
(a)shall include the following: A plan to do the following: Execute a unified national effort to reduce reliance on concentrated supply chains and protect against threats from countries of concern relating to supply chains. Support sufficient access to critical goods by mitigating supply chain vulnerabilities, including supply chains concentrated in countries of concern. Collaborate with other relevant Federal agencies to assist allies or key international partners build capacity for manufacturing critical goods. Incentivize (through grants, loans, loan guarantees, and equity investment authorized under section 20204) and identify other means, as appropriate— for domestic manufacturers that manufacture critical goods to— relocate manufacturing facilities, industrial equipment, or operations related to the production of critical goods from countries of concern to the United States or to other allies or key international partners; and to support manufacturing facilities, industrial equipment, or operations to increase the production of critical goods and meet demand for such goods; and for domestic manufacturers that do not manufacture critical goods to make necessary or appropriate modifications to existing manufacturing facilities, industrial equipment, manufacturing technology, or operations in order to manufacture 1 or more critical goods. Describe the manner and processes through which the Assistant Secretary will implement the program under section 20204, including through consultation with, or requests for information from, the heads of any relevant Federal agencies, including those with jurisdiction over supply chains, for the purposes of ensuring the program authorized under section 20204— supports the resilience, diversity, security and strength of a supply chain; and meets the national security and economic security needs of the United States. Strengthen and increase trade through new and revised trade agreements and other forms of engagement between the United States and allies or key international partners in order to mitigate— supply chain vulnerabilities; and the effects of supply chain shocks. Recover from supply chain shocks. Identify, in coordination with other relevant Federal agencies, actions relating to supply chains with which the United States might— raise living standards; increase employment opportunities; address the underlying causes of irregular migration; and improve critical industry supply chain response to supply chain shocks. Protect against supply chain shocks from countries of concern relating to supply chains. Provide recommendations to effectuate the strategy under this section. An assessment of the following: The extent to which any office or bureau within the Department of Commerce that the Assistant Secretary determines has duties, responsibilities, resources, or expertise that support or duplicate the mission of the Office. The purpose of each office and bureau identified under subparagraph (A). Whether the Assistant Secretary will coordinate with each such office and bureau in implementing the requirements of this Act. If the Assistant Secretary makes a positive determination under subparagraph (C), the effectiveness and efficiency of the Assistant Secretary and each such office and bureau at implementing the requirements of this Act. Recommendations, if applicable and consistent with the objectives of this Act, on consolidating functions amongst the Office and each such office and bureau identified under paragraph (2)(A). Not later than 450 days after the date of the enactment of this Act, the Assistant Secretary shall submit to the Committee on Energy and Commerce of the House of Representatives and the Committee on Commerce, Science, and Transportation of the Senate, and publish on the website of the Office, a report containing the strategy developed under this section. Not less than once every 4 years after the date on which the strategy is submitted under paragraph (1), the Assistant Secretary shall submit to Congress an update to such strategy. The report submitted under paragraph (1), and any update submitted under paragraph (2), shall be submitted in unclassified form and may include a classified annex.
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- 86 FR 11849
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Sec. 20202
United states strategy to counter threats to supply chains
Fed. Reg.86 FR 11849
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