3.0.0 1407 2023-01-11T13:35:43Z 2023-01-11T13:35:43Z House HR 2017-03-07 115 [Congressional Record Volume 163, Number 39 (Tuesday, March 7, 2017)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. HUNTER:H.R. 1407.Congress has the power to enact this legislation pursuantto the following:Article 8 Section 18: To make all laws which shall benecessary and proper for carrying into execution theforegoing powers, and all other powers vested by thisConstitution in the Government of the United States, or inany Department or officer thereof.[Page H1595]]]> hsif00 Energy and Commerce Committee House Standing hsif17 Innovation, Data, and Commerce Subcommittee Referred to 2017-03-17T17:47:06Z Referred to 2017-03-07T17:02:20Z hsfa00 Foreign Affairs Committee House Standing Referred to 2017-03-07T17:02:15Z hsba00 Financial Services Committee House Standing Referred to 2017-03-07T17:02:10Z hsas00 Armed Services Committee House Standing Referred to 2017-03-07T17:02:05Z 2017-03-17 hsif17 Innovation, Data, and Commerce Subcommittee 1 House committee actions Referred to the Subcommittee on Digital Commerce and Consumer Protection. Committee 2017-03-07 Referred to the Committee on Armed Services, and in addition to the Committees on Financial Services, Foreign Affairs, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsif00 Energy and Commerce Committee 2017-03-07 Referred to the Committee on Armed Services, and in addition to the Committees on Financial Services, Foreign Affairs, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsfa00 Foreign Affairs Committee 2017-03-07 Referred to the Committee on Armed Services, and in addition to the Committees on Financial Services, Foreign Affairs, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2017-03-07 Referred to the Committee on Armed Services, and in addition to the Committees on Financial Services, Foreign Affairs, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100-A 9 Library of Congress 2017-03-07 Referred to the Committee on Armed Services, and in addition to the Committees on Financial Services, Foreign Affairs, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsas00 Armed Services Committee 2017-03-07 Introduced in House IntroReferral Intro-H 9 Library of Congress 2017-03-07 Introduced in House IntroReferral 1000 9 Library of Congress H001048 Rep. Hunter, Duncan D. [R-CA-50] Duncan Hunter R CA D. 50 N J000255 Rep. Jones, Walter B., Jr. [R-NC-3] WALTER JONES R NC B. 3 2017-03-16 False H001053 Rep. Hartzler, Vicky [R-MO-4] Vicky Hartzler R MO 4 2017-03-24 False Armed Forces and National Security Asia China Congressional oversight Energy storage, supplies, demand Government lending and loan guarantees Government trust funds Industrial facilities Manufacturing Metals Military procurement, research, weapons development Mining Nuclear power Public contracts and procurement Radioactive wastes and releases Russia Spacecraft and satellites Strategic materials and reserves U.S. and foreign investments Armed Forces and National Security 00 2017-03-07 Introduced in House 2017-10-18T16:13:59Z Materials Essential To American Leadership and Security Act or the METALS Act

This bill establishes the Strategic Materials Investment Fund. The Administrator of the Defense Logistics Agency Strategic Materials may make expenditures from the fund to develop the domestic strategic and critical materials industrial base, including by making interest-free, five-year loans to domestic producers of such materials and by reimbursing original equipment manufacturers for the increased costs of purchasing such materials produced in the United States.

A domestic producer of such materials shall not be eligible to receive a loan if such producer: (1) is carrying out an activity to develop technologies that would decrease the capacity of the domestic industrial base for such materials or to redesign technologies to reduce the use of such materials in such technologies, (2) has a history of financial insolvency or bankruptcy, or (3) is controlled by or acting on behalf of the People's Republic of China or the Russian Federation.

One-tenth of 1% of the amounts appropriated for all major defense acquisition programs for the development or procurement of aircraft or missiles, taken from funds allocated for internal administration, shall be deposited to the fund.

The Department of Defense (DOD) shall: (1) assess the ability of thorium-fueled nuclear reactors to meet the power generation needs of the Navy; and (2) ensure that any ammonium perchlorate that is incorporated into any item procured by DOD or used to launch a national security payload into space is obtained from sources inside the United States, subject to a national security waiver.

The Committee on Foreign Investment in the United States shall not approve any foreign government-controlled transaction relating to a domestic rare earth facility: (1) if a party to such transaction is controlled by or acting on behalf of China or Russia, and (2) without certifying that the transaction does not violate such prohibition and otherwise will not compromise U.S. national security.

]]> METALS Act Display Title METALS Act Official Title as Introduced To establish a strategic materials investment fund, and for other purposes. Introduced in House IH Short Titles as Introduced METALS Act Short Titles as Introduced Materials Essential To American Leadership and Security Act Introduced in House 2017-03-07T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr1407ih/xml/BILLS-115hr1407ih.xml 2017-03-17 Referred to the Subcommittee on Digital Commerce and Consumer Protection. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.