Sec. 1415. Report on feasibility of increasing quantities of rare earth permanent magnets in National Defense Stockpile
324 words·~1 min read·
/bill/117/hr/7900/pcs/section-1415A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
It is the policy of the United States to build a stockpile of rare earth permanent magnets to meet requirements for Department of Defense programs and systems while reducing dependence on foreign countries for such magnets. Not later than 90 days after the date of the enactment of this Act, the Secretary of Defense shall submit to the congressional defense committees a report on the feasibility of increasing the quantity of rare earth permanent magnets in the National Defense Stockpile to support United States defense requirements. The report required by subsection
(b)shall include the following: An assessment of the extent to which the existing National Defense Stockpile inventory would guarantee supply of rare earth permanent magnets to major defense acquisition programs included in the future years defense program. A description of the assumptions underlying the quantities of rare earth permanent magnet block identified for potential acquisition in the most recent National Defense Stockpile Annual Operations and Planning Report. An evaluation of factors that would affect shortfall estimates with respect to rare earth magnet block in the National Defense Stockpile inventory. A description of the impact on and requirements for domestic industry stakeholders, including Department of Defense contractors. An analysis of challenges related to the domestic manufacturing of rare earth permanent magnets. An assessment of the extent to which Department of Defense programs and systems rely on rare earth permanent magnets manufactured by an entity under the jurisdiction of a covered strategic competitor. Identification of additional funding, authorities, and policies necessary to advance the policy described in subsection (a). The report required by subsection
(b)shall be submitted in unclassified form, but may include a classified annex. In this section: The term congressional defense committees means the Committee on Armed Services of the Senate and the Committee on Armed Services of the House of Representatives. The term covered strategic competitor means a near-peer country identified by the Secretary of Defense and National Defense Strategy.