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50 U.S.C. § 4581 — Defense Production Act Committee

Federal law — U.S. Code and appendices · legal_authorities

50 U.S.C. § 4581 — Defense Production Act Committee

**(a) Committee established** There is established the Defense Production Act Committee (in this section referred to as the “Committee”), which shall coordinate and plan for on 11 So in original. The word “on” probably should not appear. the effective use of the priorities and allocations authorities under this chapter by the departments, agencies, and independent establishments of the Federal Government to which the President has delegated authority under this chapter. **(b) Membership** (1) **In general.—** — The members of the Committee shall be— (A) the head of each Federal agency to which the President has delegated authority under this chapter; and (B) the Chairperson of the Council of Economic Advisors. (2) The Chairperson of the Committee shall be the head of the agency to which the President has delegated primary responsibility for government-wide coordination of the authorities in this chapter. **(c) Coordination of Committee activities** The Chairperson shall appoint one person to coordinate all of the activities of the Committee, and such person shall— (1) be a full-time employee of the Federal Government; (2) report to the Chairperson; and (3) carry out such activities relating to the Committee as the Chairperson may determine appropriate. **(d) Report** The Committee shall issue a report each year by March 31 to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives a report signed by the Chairperson that contains— (1) a description of the contingency planning by each department, agency, or independent establishment of the Federal Government to which the President has delegated authority under this chapter for events that might require the use of the prioriti

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Stable record: federal_law:legal_authorities:record_usc_90547c3af35db89a724f7fd3
Source file: Laws/federal/codes/united-states-code/title-50/section-4581-defense-production-act-committee--25331c099a.md
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Passage SHA-256: e1eb7a49c82225aa8435088ec899d17b2fd48c3533c9144abc798f2b40f7f94e

Source location: Title 50, Chapter 55, § 4581; chapter-055-defense-production.md

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**(a) Committee established** There is established the Defense Production Act Committee (in this section referred to as the “Committee”), which shall coordinate and plan for on 11 So in original. The word “on” probably should not appear. the effective use of the priorities and allocations authorities under this chapter by the departments, agencies, and independent establishments of the Federal Government to which the President has delegated authority under this chapter. **(b) Membership** (1) **In general.—** — The members of the Committee shall be— (A) the head of each Federal agency to which the President has delegated authority under this chapter; and (B) the Chairperson of the Council of Economic Advisors. (2) The Chairperson of the Committee shall be the head of the agency to which the President has delegated primary responsibility for government-wide coordination of the authorities in this chapter. **(c) Coordination of Committee activities** The Chairperson shall appoint one person to coordinate all of the activities of the Committee, and such person shall— (1) be a full-time employee of the Federal Government; (2) report to the Chairperson; and (3) carry out such activities relating to the Committee as the Chairperson may determine appropriate. **(d) Report** The Committee shall issue a report each year by March 31 to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives a report signed by the Chairperson that contains— (1) a description of the contingency planning by each department, agency, or independent establishment of the Federal Government to which the President has delegated authority under this chapter for events that might require the use of the priorities and allocations authorities; (2) recommendations for the effective use of the priorities and allocations authorities in this chapter in a manner consistent with the statement of policy under [section 4502(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title50-section4502/b&num=0&edition=prelim); (3) recommendations for legislation actions, as appropriate, to support the effective use of the priorities and allocations authorities in this chapter; (4) recommendations for improving information sharing between departments, agencies, and independent establishments of the Federal Government relating to the use of the priorities and allocations authorities in this chapter; (5) up-to-date copies of the rules described under [section 4511(d)(1) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title50-section4511/d/1&num=0&edition=prelim); and (6) short attestations signed by each member of the Committee stating their concurrence in the report. **(e) Chapter 10 of title 5** The provisions of chapter 10 of title 5 shall not apply to the Committee.

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Federal law — U.S. Code and appendices · legal_authorities

50 U.S.C. § 4502 — Definitions

In this subchapter: (1) **Appropriate congressional committees** — Except as provided in [section 4584(d) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title50-section4584/d&num=0&edition=prelim), the term “appropriate congressional committees” means— (A) the Committee on Financial Services, the Committee on Foreign Affairs, and the Committee on Appropriations of the House of Representatives; and (B) the Committee on Banking, Housing, and Urban Affairs and the Committee on Appropriations of the Senate. (2) **Country of concern** — The term “country of concern” means— (A) the People’s Republic of China, including the Hong Kong and Macau Special Administrative Regions; (B) the Republic of Cuba; (C) the Islamic Republic of Iran; (D) the Democratic People’s Republic of Korea; (E) the Russian Federation; and (F) the Bolivarian Republic of Venezuela under the regime of Nicolas Maduro Moros. (3) **Covered foreign person** — Subject to regulations prescribed in accordance with this subchapter, the term “covered foreign person” means a foreign person that— (A) is incorporated in, has a principal place of business in, or is organized under the laws of a country of concern; (B) is a member of the Central Committee of the Chinese Communist Party or is a member of the political leadership of a country of concern; (C) is subject to the direction or control of a country of concern, as defined by regulation, an entity described in subparagraph (A) or (B), or the state or the government of a country of concern (including any political subdivision, agency, or instrumentality thereof); or (D) is owned in the aggregate, directly or indirectly, 50 percent or more by a country of concern, an entity described in subparagraph

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Federal law — U.S. Code and appendices · legal_authorities

50 U.S.C. § 4501 — Exemption from disclosure

**(a) In general** Except as provided in subsection (b), any information or documentary material filed with the Secretary or the Secretary’s designee pursuant to this subchapter shall be exempt from disclosure under [section 552(b)(3) of title 5](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section552/b/3&num=0&edition=prelim), and no such information or documentary material may be made public. **(b) Exceptions** Subsection (a) shall not prohibit the disclosure of the following, subject to appropriate confidentiality and classification requirements: (1) Information relevant to any administrative or judicial action or proceeding. (2) Information to Congress or any duly authorized committee or subcommittee of Congress. (3) Information important to the national security analysis or actions of the Secretary to any domestic governmental entity, or to any foreign governmental entity of a United States ally or partner, under the exclusive direction and authorization of the Secretary, only to the extent necessary for national security purposes, and subject to appropriate confidentiality and classification requirements. (4) Identity of a covered foreign person in the public database described in [section 4585 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title50-section4585&num=0&edition=prelim). (5) Information that the parties have consented to be disclosed to third parties. (6) Information gathered by the Secretary or the Secretary’s designee where the disclosure is determined to be in the national security interest, which may include publication of anonymized data.

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Federal law — U.S. Code and appendices · legal_authorities

50 U.S.C. § 4584 — Notification on investments

**(a) Mandatory notification** Not later than 450 days after December 18, 2025, the Secretary shall issue regulations prescribed in accordance with subsection (b), to require a United States person that itself or whose controlled foreign entity knowingly engages in a covered national security transaction in a prohibited technology (unless the Secretary has exercised the authority provided by [section 4581(a) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title50-section4581/a&num=0&edition=prelim) to prohibit knowingly engaging in such covered national security transaction) or a notifiable technology to submit to the Secretary a written notification of the transaction not later than 30 days after the completion date of the transaction. **(b) Regulations** (1) **In general** — Not later than 450 days after December 18, 2025, the Secretary, in consultation with the Secretary of Commerce, the Secretary of State, and, as appropriate, the heads of other relevant Federal departments and agencies, shall issue regulations to carry out this section subject to public notice and comment in accordance with subchapter II of chapter 5 and chapter 7 of title 5, and not subject to the requirements of [section 4559 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title50-section4559&num=0&edition=prelim). The regulations issued pursuant to this paragraph shall as necessary, amend, terminate, supersede, revoke, or streamline existing requirements in part 850 of title 31, Code of Federal Regulations (the Outbound Investment Rule) and shall provide a reasonable timeframe for compliance. (2) **Low-burden regulations** — In issuing regulations under paragraph (1), the Secretary should balance the priority of protecting the national s

Source: Supplied U.S. Code snapshot — release unconfirmed · 50 U.S.C. § 4584

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