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Federal law — U.S. Code and appendices · legal_authorities
This subchapter may be cited as the “Strategic and Critical Materials Stock Piling Act”.
Source: Supplied U.S. Code snapshot — release unconfirmed · 50 U.S.C. § 98
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Source file: Laws/federal/codes/united-states-code/title-50/section-98-short-title--392f7ecec7.md
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Passage SHA-256: 78bd578cab24994f854f772dc8392a368ef03954bda557cabb274963adb35dd2
Source location: Title 50, Chapter 5, § 98; chapter-005-arsenals-armories-arms-and-war-material-generally.md
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Participation** Small business concerns shall be given the maximum practicable opportunity to participate as contractors, and subcontractors at various tiers, in all programs to maintain and strengthen the Nation’s industrial base and technology base undertaken pursuant to this chapter. **(b) Administration of chapter** In administering the programs, implementing regulations, policies, and procedures under this chapter, requests, applications, or appeals from small business concerns shall, to the maximum extent practicable, be expeditiously handled. **(c) Advisory committee participation** Representatives of small business concerns shall be afforded the maximum opportunity to participate in such advisory committees as may be established pursuant to this chapter. **(d) Information** Information about this chapter and activities undertaken in accordance with this chapter shall be made available to small business concerns. **(e) Allocations under section 4511** Whenever the President makes a determination to exercise any authority to allocate any material pursuant to [section 4511 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title50-section4511&num=0&edition=prelim), small business concerns shall be accorded, to the extent practicable, a fair share of such material, in proportion to the share received by such business concerns under normal conditions, giving such special consideration as may be possible to emerging small business concerns.
Source: Supplied U.S. Code snapshot — release unconfirmed · 50 U.S.C. § 4553
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Federal law — U.S. Code and appendices · legal_authorities
**(a)** Materials in the stockpile may be released for use, sale, or other disposition— (1) on the order of the President, at any time the President determines the release of such materials is required for purposes of the national defense; (2) in time of war declared by the Congress or during a national emergency, on the order of any officer or employee of the United States designated by the President to have authority to issue disposal orders under this subsection, if such officer or employee determines that the release of such materials is required for purposes of the national defense; and (3) on the order of the Under Secretary of Defense for Acquisition and Sustainment, if the President has designated the Under Secretary to have authority to issue release orders under this subsection and, in the case of any such order, if the Under Secretary determines that the release of such materials is required for use, manufacture, or production for purposes of national defense. **(b)** Any order issued under subsection (a) shall be promptly reported by the President, or by the officer or employee issuing such order, in writing, to the Committee on Armed Services of the Senate and the Committee on Armed Services of the House of Representatives.
Source: Supplied U.S. Code snapshot — release unconfirmed · 50 U.S.C. § 98f
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Federal law — U.S. Code and appendices · legal_authorities
The President of the United States is authorized to designate and empower the head of any department or agency in the executive branch, or any official thereof who is required to be appointed by and with the advice and consent of the Senate, to perform without approval, ratification, or other action by the President (1) any function which is vested in the President by law, or (2) any function which such officer is required or authorized by law to perform only with or subject to the approval, ratification, or other action of the President: Provided, That nothing contained herein shall relieve the President of his responsibility in office for the acts of any such head or other official designated by him to perform such functions. Such designation and authorization shall be in writing, shall be published in the Federal Register, shall be subject to such terms, conditions, and limitations as the President may deem advisable, and shall be revocable at any time by the President in whole or in part.
Source: Supplied U.S. Code snapshot — release unconfirmed · 3 U.S.C. § 301
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Expediting production and deliveries or services** (1) **Authorized activities** — To reduce current or projected shortfalls of industrial resources, critical technology items, or essential materials needed for national defense purposes, subject to such regulations as the President may prescribe, the President may authorize a guaranteeing agency to provide guarantees of loans by private institutions for the purpose of financing any contractor, subcontractor, provider of critical infrastructure, or other person in support of production capabilities or supplies that are deemed by the guaranteeing agency to be necessary to create, maintain, expedite, expand, protect, or restore production and deliveries or services essential to the national defense. (2) **Presidential determinations required** — Except during a period of national emergency declared by Congress or the President, a loan guarantee may be entered into under this section only if the President determines that— (A) the loan guarantee is for an activity that supports the production or supply of an industrial resource, critical technology item, or material that is essential for national defense purposes; (B) without a loan guarantee, credit is not available to the loan applicant under reasonable terms or conditions sufficient to finance the activity; (C) the loan guarantee is the most cost effective, expedient, and practical alternative for meeting the needs of the Federal Government; (D) the prospective earning power of the loan applicant and the character and value of the security pledged provide a reasonable assurance of repayment of the loan to be guaranteed; (E) the loan to be guaranteed bears interest at a rate determined by the Secretary of the Treasury to be reasonable, taking into ac
Source: Supplied U.S. Code snapshot — release unconfirmed · 50 U.S.C. § 4533
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Federal law — U.S. Code and appendices · legal_authorities
**(a) National Security Strategy for National Technology and Industrial Base.—** The Secretary of Defense shall develop a national security strategy for the national technology and industrial base. The Secretary shall submit such strategy to Congress as an integrated part of the report submitted under [section 4814 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title10-section4814&num=0&edition=prelim). Such strategy shall be based on a prioritized assessment of risks and challenges to the defense supply chain and shall ensure that the national technology and industrial base is capable of achieving the following national security objectives: (1) Supplying, equipping, and supporting the force structure of the armed forces that is necessary to achieve— (A) the objectives set forth in the national security strategy report submitted to Congress by the President pursuant to section 108 of the National Security Act of 1947 ([50 U.S.C. 3043](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title50-section3043&num=0&edition=prelim)); (B) the policy guidance of the Secretary of Defense provided pursuant to [section 113(g) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title10-section113/g&num=0&edition=prelim); and (C) the future-years defense program submitted to Congress by the Secretary of Defense pursuant to [section 221 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title10-section221&num=0&edition=prelim). (2) Sustaining production, maintenance, repair, logistics, and other activities in support of military operations of various durations and intensity. (3) Maintaining advanced research and development activities to provide the armed forces with systems capable of
Source: Supplied U.S. Code snapshot — release unconfirmed · 10 U.S.C. § 4811
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Establishment.—** The Secretary of Defense shall establish an Industrial Base Fund (in this section referred to as the “Fund”). **(b) Control of Fund.—** The Fund shall be under the control of the Under Secretary of Defense for Acquisition and Sustainment, acting through the Deputy Assistant Secretary of Defense for Manufacturing and Industrial Base Policy. **(c) Amounts in Fund.—** The Fund shall consist of amounts appropriated or otherwise made available to the Fund. **(d) Use of Fund.—** Subject to subsection (e), the Fund shall be used— (1) to support the monitoring and assessment of the industrial base required by chapters 381 through 385 and chapter 389; (2) to address critical issues in the industrial base relating to urgent operational needs; (3) to support efforts to expand the industrial base; and (4) to address supply chain vulnerabilities. **(e) Use of Fund Subject to Appropriations.—** The authority of the Secretary of Defense to use the Fund under this section in any fiscal year is subject to the availability of appropriations for that purpose. **(f) Expenditures.—** The Secretary shall establish procedures for expending monies in the Fund in support of the uses identified in subsection (d), including the following: (1) Direct obligations from the Fund. (2) Transfers of monies from the Fund to relevant appropriations of the Department of Defense. **(g) Eligible Uses of Authorities.—** (1) **In General.—** — The Secretary of Defense may use the authorities provided by this section with respect to defense supply chains, including for material, material production, components, subassemblies, and finished products, testing and qualification, infrastructure, facility construction and improvement, and equipment needed directly for the followin
Source: Supplied U.S. Code snapshot — release unconfirmed · 10 U.S.C. § 4817
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Federal law — U.S. Code and appendices · legal_authorities
The Corporation— **(a)** Shall have succession in its corporate name. **(b)** May adopt, alter, and use a corporate seal, which shall be judicially noticed. **(c)** May sue and be sued, but no attachment, injunction, garnishment, or other similar process, mesne or final, shall be issued against the Corporation or its property. The district courts of the United States, including the district courts of any Territory or possession, shall have exclusive original jurisdiction, without regard to the amount in controversy, of all suits brought by or against the Corporation: Provided, That the Corporation may intervene in any court in any suit, action, or proceeding in which it has an interest. Any suit against the Corporation shall be brought in the District of Columbia, or in the district wherein the plaintiff resides or is engaged in business. No suit by or against the Corporation shall be allowed unless (1) it shall have been brought within six years after the right accrued on which suit is brought, or (2) in the event that the person bringing such suit shall have been under legal disability or beyond the seas at the time the right accrued, the suit shall have been brought within three years after the disability shall have ceased or within six years after the right accrued on which suit is brought, whichever period is longer. The defendant in any suit by or against the Corporation may plead, by way of set-off or counterclaim, any cause of action, whether arising out of the same transaction or not, which would otherwise be barred by such limitation if the claim upon which the defendant’s cause of action is based had not been barred prior to the date that the plaintiff’s cause of action arose: Provided, That the defendant shall not be awarded a judgment on any such set-off
Source: Supplied U.S. Code snapshot — release unconfirmed · 15 U.S.C. § 714b
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Federal law — U.S. Code and appendices · legal_authorities
**(a) President; preparation of plan and submission to Congress of report** Within 1 year after December 27, 2020, the President shall submit to the Congress— (1) a program plan to implement such existing or prospective proposals and organizational structures within the executive branch as he finds necessary to carry out the provisions set forth in sections 1602 and 1603 of this title. The plan shall include program and budget proposals and organizational structures providing for the following minimum elements: (A) policy analysis and decision determination within the Executive Office of the President; (B) continuing long-range analysis of materials use to meet national security, economic, industrial and social needs; the adequacy and stability of supplies; and the industrial and economic implications of supply shortages or disruptions; (C) continuing private sector consultation in Federal materials programs; and (D) interagency coordination at the level of the President’s Cabinet; (2) recommendations for the collection, analysis, and dissemination of information concerning domestic and international long-range materials demand, supply and needs, including consideration of the establishment of a separate materials information agency patterned after the Bureau of Labor Statistics; and (3) recommendations for legislation and administrative initiatives necessary to reconcile policy conflicts and to establish programs and institutional structures necessary to achieve the goals of a national materials policy. **(b) Director of Office of Science and Technology Policy; coordination, etc., activities** In accordance with the provisions of the National Science and Technology Policy, Organization, and Priorities Act of 1976 ([42 U.S.C. 6601](https://uscode.house.g
Source: Supplied U.S. Code snapshot — release unconfirmed · 30 U.S.C. § 1604
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Federal law — U.S. Code and appendices · legal_authorities
**(a)** The Secretary of the Treasury may mint and issue only the following coins: (1) a dollar coin that is 1.043 inches in diameter. (2) a half dollar coin that is 1.205 inches in diameter and weighs 11.34 grams. (3) a quarter dollar coin that is 0.955 inch in diameter and weighs 5.67 grams. (4) a dime coin that is 0.705 inch in diameter and weighs 2.268 grams. (5) a 5-cent coin that is 0.835 inch in diameter and weighs 5 grams. (6) except as provided under subsection (c) of this section, a one-cent coin that is 0.75 inch in diameter and weighs 3.11 grams. (7) A fifty dollar gold coin that is 32.7 millimeters in diameter, weighs 33.931 grams, and contains one troy ounce of fine gold. (8) A twenty-five dollar gold coin that is 27.0 millimeters in diameter, weighs 16.966 grams, and contains one-half troy ounce of fine gold. (9) A ten dollar gold coin that is 22.0 millimeters in diameter, weighs 8.483 grams, and contains one-fourth troy ounce of fine gold. (10) A five dollar gold coin that is 16.5 millimeters in diameter, weighs 3.393 grams, and contains one-tenth troy ounce of fine gold. (11) A $50 gold coin that is of an appropriate size and thickness, as determined by the Secretary, weighs 1 ounce, and contains 99.99 percent pure gold. (12) A $25 coin of an appropriate size and thickness, as determined by the Secretary, that weighs 1 troy ounce and contains .9995 fine palladium. **(b)** The half dollar, quarter dollar, and dime coins are clad coins with 3 layers of metal. The 2 identical outer layers are an alloy of 75 percent copper and 25 percent nickel. The inner layer is copper. The outer layers are metallurgically bonded to the inner layer and weigh at least 30 percent of the weight of the coin. The dollar coin shall be golden in color, have a distin
Source: Supplied U.S. Code snapshot — release unconfirmed · 31 U.S.C. § 5112
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Federal law — U.S. Code and appendices · legal_authorities
**(a)** (1) With the approval of the President, the Secretary of the Treasury may— (A) buy and sell gold in the way, in amounts, at rates, and on conditions the Secretary considers most advantageous to the public interest; and (B) buy the gold with any direct obligations of the United States Government or United States coins and currency authorized by law, or with amounts in the Treasury not otherwise appropriated. (2) Amounts received from the purchase of gold are an asset of the general fund of the Treasury. Amounts received from the sale of gold shall be deposited by the Secretary in the general fund of the Treasury and shall be used for the sole purpose of reducing the national debt. (3) The Secretary shall acquire gold for the coins issued under [section 5112(i) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title31-section5112/i&num=0&edition=prelim) by purchase of gold mined from natural deposits in the United States, or in a territory or possession of the United States, within one year after the month in which the ore from which it is derived was mined. The Secretary shall pay not more than the average world price for the gold. In the absence of available supplies of such gold at the average world price, the Secretary may use gold from reserves held by the United States to mint the coins issued under [section 5112(i) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title31-section5112/i&num=0&edition=prelim). The Secretary shall issue such regulations as may be necessary to carry out this paragraph. **(b)** (1) The Secretary may buy silver mined from natural deposits in the United States, or in a territory or possession of the United States, that is brought to a United States mint or assay office
Source: Supplied U.S. Code snapshot — release unconfirmed · 31 U.S.C. § 5116
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