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Code · BILL · 119th Congress · H.R. 4350 (Introduced in House) — To establish a loan program to expand capabilities to manufacture critical materials to secure the United States supp... · Sec. 306

Sec. 306. Definitions

344 words·~2 min read·/bill/119/hr/4350/ih/section-306·

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In this title: The term byproduct has the meaning given such term in section 7002(a)(1) of the Energy Act of 2020 ( 30 U.S.C. 1606(a)(1) ). The term conversion means the process to alter a refined or purified critical material to a secondary compound that is subject to supply chain disruptions relevant to the national, energy, and economic security of the United States, including the manufacturing of magnets, alloys, or multicompound chemistries, including such chemistries at solid, liquid, or gaseous states.
The term critical material has the meaning given such term in section 7002(a)(2) of the Energy Act of 2020 ( 30 U.S.C. 1606(a)(2) ). The term critical material supply chain means the lifecycle of a critical material, including the extraction, processing or refining, conversion, and recycling of a critical material. The term foreign country of concern has the meaning given such term in section 9901 of the William M.
(Mac)Thornberry National Defense Authorization Act for Fiscal Year 2021 ( 15 U.S.C. 4651 ). The term foreign entity of concern has the meaning given such term in section 9901 of the William M.
(Mac)Thornberry National Defense Authorization Act for Fiscal Year 2021 ( 15 U.S.C. 4651 ). The term qualified substitute means any verifiable alternative to a critical material, including converted critical material compounds, able to carry out an essential function (as such term is used in section 7002(a)(2)(ii) of the Energy Act of 2020 ( 30 U.S.C. 1606(a)(2)(ii) )) of a critical material. The term recycling means the process of collecting and processing spent materials and devices and turning the materials and devices into raw materials or components that can be reused either partially or completely. The term refined or purified critical material means a critical material that has undergone any relevant manufacturing process to remove impurities and to meet industry standards of purity or concentration for downstream use cases post-extraction or recycling. The term technical standard has the meaning given such term in section 12(d)(5) of the National Technology Transfer and Advancement Act of 1995 ( 15 U.S.C. 272 note).
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