Sec. 3. United States strategy to counter threats to supply chains for critical goods
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In accordance with Executive Order 14017 (86 Fed. Reg. 11849; relating to America’s supply chains), the Under Secretary shall, not later than 180 days after enactment of this Act, develop and implement a strategy taking a whole-of-Government approach to support the resilience, diversity, security, and strength of supply chains. The strategy required under subsection
(a)shall include the following elements: A plan to execute a unified national effort to reduce reliance on concentrated supply chains for critical goods and protect against threats from countries of concern relating to supply chains for critical goods. A plan to provide sufficient access to critical goods by ensuring that supply chains are not vulnerable to disruption, strain, compromise, or elimination, including by being concentrated in a country of concern. A plan to collaborate with other relevant Federal Government agencies to assist allies or key international partners to build capacity for manufacturing critical goods. A plan to incentivize, through loans and loan guarantees, and equity investment, and identify tax incentives, trade preferences, or 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 articles; 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 good. A plan describing the manner and processes through which the Under Secretary will implement the program under section 4, 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 awards serve the greatest needs for the most diverse array of critical industries; and the awards, on the whole, serve the greatest national security and economic security needs. A plan to protect against supply chain shocks from countries of concern relating to supply chains. A plan to strengthen and increase trade 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. 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; and address the underlying causes of irregular migration. Recommendations to effectuate the strategy under this section. Not later than 270 days after the date of the enactment of this Act, the President 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 of the Under Secretary, 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 Under 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. 3
United States strategy to counter threats to supply chains for critical goods
Fed. Reg.86 FR 11849
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