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Code · BILL · 117th Congress · S. 1605 (EAH) — 117 S1605 EAH: National Defense Authorization Act for Fiscal Year 2022 · Sec. 1412

Sec. 1412. Authorization to loan materials in National Defense Stockpile

120 words·~1 min read·/bill/117/s/1605/eah/section-1412

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Section 6 of the Strategic and Critical Materials Stock Piling Act ( 50 U.S.C. 98e ) is amended by adding at the end the following new subsection: The President may loan stockpile materials to the Department of Energy or the military departments if the President— has a reasonable assurance that stockpile materials of a similar or superior quantity and quality to the materials loaned will be returned to the stockpile or paid for; notifies the congressional defense committees (as defined in section 101(a) of title 10, United States Code), in writing, not less than 30 days before making any such loan; and includes in the written notification under paragraph
(2)sufficient support for the assurance described in paragraph (1). .
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Sec. 1412
Authorization to loan materials in National Defense Stockpile
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