Library / Laws / 117th / hr / H.R. 3896 / Introduced in House
I
117th CONGRESS
1st Session
H. R. 3896
IN THE HOUSE OF REPRESENTATIVES
June 15, 2021Mr. Carter of Georgia (for himself and Ms. Titus) introduced the following bill; which was referred to the Committee on Foreign Affairs
A BILL
To amend the Better Utilization of Investments Leading to Development Act of 2018 to authorize support in high-income economy countries for projects involving development or processing of covered critical materials if such support furthers the national security interests of the United States.
1.
Short title
This Act may be cited as the Critical Mineral Access Act.
2.
Amendments to Better Utilization of Investments Leading to Development Act of 2018
Section 1412(b) of the Better Utilization of Investments Leading to Development Act of 2018 (22 U.S.C. 9612(b)) is amended—
(1) by striking The purpose and inserting the following:
(1)
In general
The purpose
;
(2) by striking shall be to and inserting the following:
shall be—
(A) to
;
(3) by striking the United States. and inserting the following:
the United States; and
(B) to provide support under title II in high-income economy countries for projects involving development or processing of covered critical materials if such support furthers the national security interests of the United States.
;
(4) by striking In carrying out and inserting the following:
(2)
Consideration of certain criteria
In carrying out
; and
(5) by adding at the end the following:
(3)
Definitions
In paragraph (1)(B):
(A)
Covered critical materials
(i)
In general
The term covered critical materials means aluminum (bauxite), antimony, arsenic, barite, beryllium, bismuth, cesium, chromium, cobalt, fluorspar, gallium, germanium, graphite (natural), hafnium, helium, indium, lithium, magnesium, manganese, niobium, platinum group metals, potash, the rare earth elements group, rhenium, rubidium, scandium, strontium, tantalum, tellurium, tin, titanium, tungsten, uranium, vanadium, and zirconium.
(ii)
Rare earth elements group
In clause (i), the term rare earth elements group means lanthanum, cerium, praseodymium, neodymium, promethium, samarium, europium, gadolinium, terbium, dysprosium, holmium, erbium, thulium, ytterbium, lutetium, scandium, yttrium.
(B)
High-income economy country
The term high-income economy country means a country with a high-income economy, as defined by the International Bank for Reconstruction and Development and the International Development Association (collectively referred to as the World Bank).
.