,,ii  #aag? ,,congress  #b;d ,session   
,s4 #djcc  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,april #g1 #bjbb,mr4   
,rubio 7= himself & ,mrs4 ,hyde-,smi?7  
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on ,en]gy
 & ,natural ,res\rces  ,a ,,bill  ,to   
require ! ,secret>y ( ,en]gy to e/abli% 
a program to inc5tivize inve/m5t 9      
facilities t c>ry out ! metallurgy ( r>e
 e>? elem5ts & ! production ( f9i%$ r>e 
e>? products1 & = o!r purposes4  #a4    
,%ort title ,?is ,act may be cit$ z !   
,obta9+ ,national & ,secure ,homel&     
,op]ations = ,r>e ,e>? ,manufactur+ ,act
 or ! ,,on%ore ,manufactur+ ,act4  #b4  
,def9itions ,9 ?is ,act3 7#a7           
,appropriate committees ( ,congress ,!  
t]m appropriate committees ( ,congress  
means-- 7,a7 ! ,select ,committee on    
,intellig5ce1 ! ,committee on ,en]gy &  
,natural ,res\rces1 ! ,committee on     
,comm]ce1 ,sci5ce1 & ,transportation1 ! 
,committee on ,=eign ,relations1 !      
,committee on ,arm$ ,s]vices1 !         

,committee on ,appropriations1 !        
,committee on ,bank+1 ,h\s+1 & ,urban   
,affairs1 ! ,committee on ,homel&       
,security & ,gov]nm5tal ,affairs1 & !   
,committee on ,f9ance ( ! ,s5ate2 &     
7,b7 ! ,p]man5t ,select ,committee on   
,intellig5ce1 ! ,committee on ,en]gy &  
,comm]ce1 ! ,committee on ,=eign        
,affairs1 ! ,committee on ,arm$         
,s]vices1 ! ,committee on ,sci5ce1      
,space1 & ,te*nology1 ! ,committee on   
,appropriations1 ! ,committee on        
,f9ancial ,s]vices1 ! ,committee on     
,homel& ,security1 & ! ,committee on    
,ways & ,means ( ! ,h\se (              
,repres5tatives4  7#b7 ,conc5trat$ r>e  
e>? elem5t ,! t]m conc5trat$ r>e e>?    
elem5t means a r>e e>? elem5t t has be5 
extract$ or sep>at$ f raw mat]ials &    
conc5trat$4  7#c7 ,cov]$ entity ,! t]m  
cov]$ entity means a private entity1 a  
consortium ( private entities1 or a     
consortium ( public & private entities )
 a demon/rat$ ability to sub/antially   
f9ance1 con/ruct1 exp&1 or              

te*nologically upgrade a cov]$ facility4
  7#d7 ,cov]$ facility ,! t]m cov]$     
facility means a facility locat$ 9 a    
,/ate t c>ries out ! metallurgy ( r>e   
e>? elem5ts = ! production ( f9i%$ r>e  
e>? products4  7#e7 ,cov]$ inc5tive ,!  
t]m cov]$ inc5tive means-- 7,a7 an      
inc5tive (f]$ by a ,f$]al1 ,/ate1 local1
 or ,tribal gov]nm5tal entity to a cov]$
 entity = ! purposes (-- 7i7 con/ruct+  
)9 ! jurisdiction ( ! gov]nm5tal entity 
a cov]$ facility2 or  7ii7 exp&+ or     
te*nologically upgrad+ an exi/+ facility
 )9 t jurisdiction to be a cov]$        
facility2 &  7,b7 a work=ce-relat$      
inc5tive 7includ+ a grant agreem5t      
relat+ to work=ce tra9+ or vocational   
education71 any concession ) respect to 
real prop]ty1 fund+ = rese>* &          
developm5t ) respect to r>e e>? elem5ts 
& f9i%$ r>e e>? products1 & any o!r     
inc5tive det]m9$ appropriate by !       
,secret>y1 9 consultation ) ! ,secret>y 
( ,/ate4  7#f7 ,f9i%$ r>e e>? product ,!
 t]m f9i%$ r>e e>? product means-- 7,a7 

a product compos$ (-- 7i7 metal p[d]s1  
su* z r>e e>? oxides & r>e e>? salts1   
includ+ *lorides & nitrates2  7ii7      
metals conta9+ r>e e>? elem5ts2  7iii7  
alloys2 or  7iv7 magnets2 &  7,b7 any   
o!r value-add$ product t is compos$     
fully or p>tially ( r>e e>? elem5ts4    
7#g7 ,=eign entity  7,a7 ,9 g5]al ,! t]m
 =eign entity means-- 7i7 a gov]nm5t ( a
 =eign c\ntry & a =eign political p>ty2 
7ii7 a natural p]son :o is n-- 7,i7 a   
lawful p]man5t resid5t ( ! ,unit$       
,/ates2  7,,ii7 a citiz5 or national ( !
 ,unit$ ,/ates2 or  7,,iii7 any o!r     
protect$ individual 7z def9$ 9 section  
#bgd;,b7a77#c7 ( ! ,immigration &       
,nationality ,act 7#h ,u4,s4,c4         
#acbd;b7a77#c7772 &  7iii7 a p>tn]%ip1  
association1 corporation1 organization1 
or o!r comb9ation ( p]sons organiz$ "u !
 laws ( or hav+ its pr9cipal place (    
bus9ess 9 a =eign c\ntry4  7,b7         
,inclusions ,! t]m =eign entity         
includes-- 7i7 any p]son own$ by1       
controll$ by1 or subject to !           

jurisdiction or direction ( an entity   
describ$ 9 subp>agraph 7,a72  7ii7 any  
p]son1 :]ev] locat$1 :o acts z an ag5t1 
repres5tative1 or employee ( an entity  
describ$ 9 subp>agraph 7,a72  7iii7 any 
p]son :o acts 9 any o!r capacity at !   
ord]1 reque/1 or "u ! influ5ce1         
direction1 or control1 (-- 7,i7 an      
entity describ$ 9 subp>agraph 7,a72 or  
7,,ii7 a p]son ! activities ( :i* are   
directly or indirectly sup]vis$1        
direct$1 controll$1 f9anc$1 or subsidiz$
 9 :ole or 9 majority "p by an entity   
describ$ 9 subp>agraph 7,a72  7iv7 any  
p]son :o directly or indirectly ?r\gh   
any contract1 arrangem5t1 und]/&+1      
relation%ip1 or o!rwise1 owns #be p]c5t 
or m ( ! equity int]e/s ( an entity     
describ$ 9 subp>agraph 7,a72  7v7 any   
p]son ) significant responsibility to   
control1 manage1 or direct an entity    
describ$ 9 subp>agraph 7,a72  7vi7 any  
p]son1 :]ev] locat$1 :o is a citiz5 or  
resid5t ( a c\ntry controll$ by an      
entity describ$ 9 subp>agraph 7,a72 &   

7vii7 any corporation1 p>tn]%ip1        
association1 or o!r organization        
organiz$ "u ! laws ( a c\ntry controll$ 
by an entity describ$ 9 subp>agraph     
7,a74  7#h7 ,=eign entity ( conc]n ,!   
t]m =eign entity ( conc]n means any     
=eign entity t is-- 7,a7 designat$ z a  
=eign t]rori/ organization by !         
,secret>y ( ,/ate "u section #bai ( !   
,immigration & ,nationality ,act 7#h    
,u4,s4,c4 #aahi72  7,b7 includ$ on ! li/
 ( specially designat$ nationals &      
block$ p]sons ma9ta9$ by ! ,(fice (     
,=eign ,assets ,control ( ! ,dep>tm5t ( 
! ,treasury2  7,c7 own$ by1 controll$   
by1 or subject to ! jurisdiction1       
direction1 or o!rwise "u ! undue        
influ5ce ( a gov]nm5t ( a cov]$ nation  
7z def9$ 9 section #becc;c7d7 ( title   
#aj1 ,unit$ ,/ates ,code72  7,d7 alleg$ 
by ! ,attorney ,g5]al to h be5 involv$ 9
 activities = :i* a conviction 0 obta9$ 
"u-- 7i7 *apt] #cg ( title #ah1 ,unit$  
,/ates ,code 7commonly kn[n z !         
,espionage ,act72  7ii7 section #iea or 

#ajcj ( title #ah1 ,unit$ ,/ates ,code2 
7iii7 *apt] #ij ( title #ah1 ,unit$     
,/ates ,code 7commonly kn[n z !         
,economic ,espionage ,act ( #aiif72     
7iv7 ! ,arms ,export ,control ,act 7#bb 
,u4,s4,c4 #bgea et seq472  7v7 section  
#bbd1 #bbe1 #bbf1 #bbg1 or #bcf ( !     
,atomic ,en]gy ,act ( #aied 7#db        
,u4,s4,c4 #bbgd-bbgh2 #bbhd72  7vi7 !   
,export ,control ,re=m ,act ( #bjah 7#ej
 ,u4,s4,c4 #dhja et seq472 or  7vii7 !  
,int]national ,em]g5cy ,economic ,p[]s  
,act 7#ej ,u4,s4,c4 #agja et seq472 or  
7,e7 det]m9$ by ! ,secret>y1 9          
consultation ) ! ,secret>y ( ,def5se & !
 ,director ( ,national ,intellig5ce1 to 
be engag$ 9 unau?oriz$ conduct t is     
detrim5tal to ! national security or    
=eign policy ( ! ,unit$ ,/ates "u ?is   
,act4  7#i7 ,gov]nm5tal entity ,! t]m   
gov]nm5tal entity means-- 7,a7 a ,/ate2 
&  7,b7 a local gov]nm5t ( a ,/ate4     
7#aj7 ,intellig5ce community ,! t]m     
intellig5ce community has ! mean+ giv5 !
 t]m 9 section #c ( ! ,national         

,security ,act ( #aidg 7#ej ,u4,s4,c4   
#cjjc74  7#aa7 ,metallurgy ,! t]m       
metallurgy means ! process ( produc+    
f9i%$ r>e e>? products f conc5trat$ r>e 
e>? elem5ts4  7#ab7 ,p]son ,! t]m p]son 
includes an individual1 p>tn]%ip1       
association1 corporation1 organization1 
or any o!r comb9ation ( individuals4    
7#ac7 ,r>e e>? elem5t ,! t]m r>e e>?    
elem5t means a natural elem5t associat$ 
)-- 7,a7 ! metallic elem5t sc&ium1 )    
atomic numb] #ba2  7,b7 ! metallic      
elem5t yttrium1 ) atomic numb] #ci2 or  
7,c7 any ( ! s]ies ( #ae metallic       
elem5ts betwe5 lan?anum1 ) atomic numb] 
#eg1 & lutetium1 ) atomic numb] #ga1 on 
! p]iodic table4  7#ad7 ,secret>y ,! t]m
 ,secret>y means ! ,secret>y ( ,en]gy4  
7#ae7 ,/ate ,! t]m ,/ate means-- 7,a7   
ea* ( ! sev]al ,/ates ( ! ,unit$ ,/ates2
  7,b7 ! ,di/rict ( ,columbia2  7,c7 !  
,commonweal? ( ,pu]to ,rico2  7,d7      
,guam2  7,e7 ,am]ican ,samoa2  7,f7 !   
,commonweal? ( ! ,nor!rn ,m>iana ,isl&s2
  7,g7 ! ,f$]at$ ,/ates ( ,micronesia2  

7,h7 ! ,republic ( ! ,m>%all ,isl&s2    
7,i7 ! ,republic ( ,palau2 &  7,j7 !    
,unit$ ,/ates ,virg9 ,isl&s4  #c4 ,r>e  
e>? metallurgy f9anc+  7a7 ,f9ancial    
assi/ance program  7#a7 ,9 g5]al ,!     
,secret>y %all e/abli% 9 ! ,dep>tm5t (  
,en]gy a program to provide ,f$]al      
f9ancial assi/ance to cov]$ entities to 
inc5tivize inve/m5t 9 cov]$ facilities1 
subject to ! availability (             
appropriations = t purpose4  7#b7       
,proc$ure  7,a7 ,9 g5]al ,a cov]$ entity
 seek+ f9ancial assi/ance "u ?is        
subsection %all submit to ! ,secret>y an
 application t describes ! project = :i*
 ! cov]$ entity is seek+ f9ancial       
assi/ance4  7,b7 ,eligibility ,9 ord] = 
a cov]$ entity to qualify = f9ancial    
assi/ance "u ?is subsection1 ! cov]$    
entity %all demon/rate to ! ,secret>y1 9
 ! application submitt$ by ! cov]$      
entity "u subp>agraph 7,a71 t-- 7i7 !   
cov]$ entity has a docum5t$ int]e/ 9--  
7,i7 con/ruct+ a cov]$ facility2 or     
7,,ii7 exp&+ or te*nologically upgrad+ a

 facility own$ by ! cov]$ entity to be a
 cov]$ facility2 &  7ii7 ) respect to ! 
project = :i* ! cov]$ entity is seek+   
f9ancial assi/ance1 ! cov]$ entity has--
 7,i7 be5 (f]$ a cov]$ inc5tive2  7,,ii7
 made commitm5ts to work] & community   
inve/m5t1 includ+ ?r\gh-- 7aa7 tra9+ &  
education b5efits paid by ! cov]$       
entity2 &  7bb7 programs to exp&        
employm5t opportunity = economically    
disadvantag$ individuals2  7,,iii7      
secur$ commitm5ts f regional educational
 & tra9+ entities & in/itutions ( high] 
education to provide work=ce tra9+1     
includ+ programm+ = tra9+ & job placem5t
 ( economically disadvantag$            
individuals2 &  7,,iv7 an executable    
plan to su/a9 a cov]$ facility )\t      
additional ,f$]al f9ancial assi/ance "u 
?is subsection = facility support4  7,c7
 ,application review  7i7 ,9 g5]al ,!   
,secret>y may n approve an application  
submitt$ by a cov]$ entity "u           
subp>agraph 7,a7-- 7,i7 unless !        
,secret>y-- 7aa7 confirms t ! cov]$     

entity has satisfi$ ! eligibility       
crit]ia "u subp>agraph 7,b72  7bb7      
det]m9es t ! project = :i* ! cov]$      
entity is seek+ f9ancial assi/ance is 9 
! int]e/ ( ! ,unit$ ,/ates2 &  7cc7 has 
notifi$ ! appropriate committees (      
,congress n lat] ?an #ae days be=e mak+ 
any commitm5t to provide an aw>d (      
f9ancial assi/ance to any cov]$ entity 9
 an am\nt t exce$s #aj1jjj1jjj2 or      
7,,ii7 if ! ,secret>y det]m9es1 9       
consultation ) ! ,director ( ,national  
,intellig5ce1 t ! cov]$ entity is a     
=eign entity ( conc]n4  7ii7            
,consid]ation ,9 review+ an application 
submitt$ by a cov]$ entity "u           
subp>agraph 7,a71 ! ,secret>y may       
consid] :e!r-- 7,i7 ! cov]$ entity has  
previ\sly receiv$ f9ancial assi/ance "u 
?is subsection2  7,,ii7 ! gov]nm5tal    
entity (f]+ ! applicable cov]$ inc5tive 
has b5efitt$ f f9ancial assi/ance       
previ\sly provid$ "u ?is subsection2    
7,,iii7 ! cov]$ entity has demon/rat$ t 
! cov]$ entity is responsive to !       

national security ne$s or requirem5ts   
e/abli%$ by ! intellig5ce community 7or 
an ag5cy !re(71 ! ,national ,nucle>     
,security ,adm9i/ration1 or ! ,dep>tm5t 
( ,def5se2  7,,iv7 if practicable1 a    
consortium t is consid]$ a cov]$ entity 
includes a small bus9ess conc]n 7z def9$
 "u section #c ( ! ,small ,bus9ess ,act 
7#ae ,u4,s4,c4 #fcb771 not)/&+ section  
#aba4ajc ( title #ac1 ,code ( ,f$]al    
,regulations 7or successor regulations72
 &  7,v7 ! cov]$ entity int5ds to       
produce f9i%$ products = use by !       
,dep>tm5t ( ,def5se1 ! def5se indu/ry ( 
! ,unit$ ,/ates1 or critical en]gy      
infra/ructure4  7iii7 ,prioritization   
,to ! maximum ext5t practicable1 !      
,secret>y %all prioritize aw>d+ f9ancial
 assi/ance "u ?is subsection to a cov]$ 
entity t-- 7,i7 utilizes raw mat]ial    
fe$/ock s\rc$ f #a or m (ftake agreem5ts
 ) entities t are n =eign entities (    
conc]n2  7,,ii7 utilizes raw mat]ial    
fe$/ock s\rc$ f #b or m-- 7aa7 entities2
  7bb7 (ftake agreem5ts2 or  7cc7       

geographic locations2  7,,iii7 utilizes 
conc5trat$ r>e e>? elem5ts s\rc$ f #b or
 m-- 7aa7 entities2  7bb7 (ftake        
agreem5ts2 or  7cc7 geographic          
locations2 &  7,,iv7 int5ds to produce  
f9i%$ products = use by ! ,dep>tm5t (   
,def5se1 ! def5se indu/ry ( ! ,unit$    
,/ates1 or critical en]gy infra/ructure4
  7,d7 ,records  7i7 ,9 g5]al ,!        
,secret>y may reque/ records & in=mation
 f a cov]$ entity t submitt$ an         
application "u subp>agraph 7,a7 to      
review ! /atus ( a cov]$ entity4  7ii7  
,requirem5t ,! cov]$ entity %all provide
 ! records & in=mation reque/$ by !     
,secret>y "u clause 7i74  7#c7 ,am\nt   
7,a7 ,9 g5]al ,! ,secret>y %all det]m9e 
! appropriate am\nt & fund+ type = ea*  
f9ancial assi/ance aw>d provid$ to a    
cov]$ entity "u ?is subsection4  7,b7   
,l>g] inve/m5t ,! total ,f$]al inve/m5t 
9 any individual project receiv+ a      
f9ancial assi/ance aw>d "u ?is          
subsection %all n exce$ #ejj1jjj1jjj1   
unless ! ,secret>y1 9 consultation ) !  

,secret>y ( ,def5se & ! ,director (     
,national ,intellig5ce1 recomm5ds to !  
,presid5t1 & ! ,presid5t c]tifies &     
reports to ! appropriate committees (   
,congress1 t a l>g] inve/m5t is         
necess>y-- 7i7 to significantly increase
 ! proportion ( reliable dome/ic supply 
( f9i%$ r>e e>? products relevant =     
national security & economic            
competitiv5ess t c be met ?r\gh dome/ic 
production2 &  7ii7 to meet ! ne$s (    
national security4  7#d7 ,use ( funds ,a
 cov]$ entity t receives a f9ancial     
assi/ance aw>d "u ?is subsection may    
only use ! f9ancial assi/ance aw>d      
am\nts-- 7,a7 to f9ance ! con/ruction ( 
a cov]$ facility 7includ+ equipm5t7 or !
 expansion or te*nological upgrade ( a  
facility 7includ+ equipm5t7 ( ! cov]$   
entity to be a cov]$ facility1 z        
docum5t$ 9 ! application submitt$ by !  
cov]$ entity "u p>agraph 7#b77;,a71 z   
det]m9$ necess>y by ! ,secret>y =       
purposes relat+ to ! national security &
 economic competitiv5ess ( ! ,unit$     

,/ates2  7,b7 to support work=ce        
developm5t = a cov]$ facility2  7,c7 to 
support site developm5t & te*nological  
upgrade = a cov]$ facility2 &  7,d7 to  
pay reasonable co/s relat+ to ! op]at+  
exp5ses = a cov]$ facility1 includ+     
specializ$ work=ce1 ess5tial mat]ials1 &
 complex equipm5t ma9t5ance4  7#e7      
,clawback  7,a7 ,major aw>ds  7i7 ,9    
g5]al ,= all f9ancial assi/ance aw>ds ( 
m ?an #aj1jjj1jjj provid$ to cov]$      
entities "u ?is subsection1 ! ,secret>y 
%all1 at ! "t ( mak+ ! aw>d1 det]m9e !  
t>get dates by :i* a cov]$ entity %all  
comm5ce & complete ! applicable project4
  7ii7 ,progressive recov]y = delays ,if
 ! cov]$ entity receiv+ a f9ancial      
assi/ance aw>d ( m ?an #aj1jjj1jjj "u   
?is subsection does n complete !        
applicable project by ! applicable t>get
 date det]m9$ "u clause 7i71 ! ,secret>y
 %all progressively recov] up to ! full 
am\nt ( ! aw>d4  7iii7 ,waiv] ,9 ! case 
( projects t d n meet ! applicable t>get
 date det]m9$ "u clause 7i71 ! ,secret>y

 may waive ! requirem5t to recov] !     
f9ancial aw>d provid$ = ! project "u    
clause 7ii7 aft] mak+ a =mal det]m9ation
 t circum/ances beyond ! ability ( !    
cov]$ entity to =esee or control are    
responsible = ! delay4  7iv7            
,congressional notification  7,i7 ,9    
g5]al ,n lat] ?an #ae days aft] mak+ a  
det]m9ation to recov] an aw>d "u clause 
7ii71 ! ,secret>y %all notify !         
appropriate committees ( ,congress ( !  
int5t ( ! ,secret>y to recov] ! aw>d4   
7,,ii7 ,waiv]s ,n lat] ?an #ae days aft]
 ! date on :i* ! ,secret>y provides a   
waiv] "u clause 7iii71 ! ,secret>y %all 
notify ! appropriate committees (       
,congress ( ! waiv]4  7,b7 ,jo9t rese>*1
 te*nology lic5s+1 & intellectual       
prop]ty report+  7i7 ,9 g5]al ,be=e     
ent]+ into an agreem5t ) a =eign entity 
to conduct jo9t rese>* or te*nology     
lic5s+1 or to %>e intellectual prop]ty1 
a cov]$ entity t has receiv$ a f9ancial 
assi/ance aw>d "u ?is subsection-- 7,i7 
%all notify ! ,secret>y ( ! int5t to    

ent] into su* an agreem5t2 &  7,,ii7 may
 only ent] into su* an agreem5t if !    
,secret>y det]m9es ! =eign entity is n a
 =eign entity ( conc]n4  7ii7           
,det]m9ation ,on receiv+ a notification 
"u clause 7i71 ! ,secret>y1 9           
consultation ) ! ,director ( ,national  
,intellig5ce1 ! ,director ( ! ,national 
,c\nt]9tellig5ce & ,security ,c5t]1 & ! 
,director ( ! ,f$]al ,bureau (          
,inve/igation1 %all make a det]m9ation (
 :e!r ! applicable =eign entity is a    
=eign entity ( conc]n4  7iii7 ,te*nology
 clawback ,! ,secret>y %all recov] !    
full am\nt ( a f9ancial assi/ance aw>d  
provid$ to a cov]$ entity "u ?is        
subsection if1 dur+ ! applicable t]m ( !
 aw>d1 ! cov]$ entity kn[+ly engages 9  
any jo9t rese>*1 te*nology lic5s+1 or   
intellectual prop]ty %>+ ef=t ) a =eign 
entity ( conc]n t relates to a te*nology
 or product t raises national security  
conc]ns1 z det]m9$ by ! ,secret>y1 9    
consultation ) ! ,director ( ,national  
,intellig5ce1 ! ,director ( ! ,national 

,c\nt]9tellig5ce & ,security ,c5t]1 & ! 
,director ( ! ,f$]al ,bureau (          
,inve/igation1 on ! condition t !       
det]m9ation ( ! ,secret>y %all h be5    
communicat$ to ! cov]$ entity be=e !    
cov]$ entity engag$ 9 ! jo9t rese>*1    
te*nology lic5s+1 or intellectual       
prop]ty %>+4  7#f7 ,condition ( receipt 
,a cov]$ entity to :i* ! ,secret>y aw>ds
 ,f$]al f9ancial assi/ance "u ?is       
subsection %all ent] into an agreem5t t 
specifies t1 dur+ ! #e-ye> p]iod        
imm$iately foll[+ ! aw>d ( ! ,f$]al     
f9ancial assi/ance1 ! cov]$ entity w n  
make %>ehold] di/ributions 9 excess (   
pr(its4  7b7 ,coord9ation requir$ ,9    
c>ry+ out ! program e/abli%$ "u         
subsection 7a71 ! ,secret>y %all        
coord9ate ) ! ,secret>y ( ,/ate1 !      
,secret>y ( ,def5se1 ! ,secret>y (      
,homel& ,security1 & ! ,director (      
,national ,intellig5ce4  7c7 ,,gao      
reviews ,! ,comptroll] ,g5]al ( ! ,unit$
 ,/ates %all-- 7#a7 n lat] ?an #b ye>s  
aft] ! date ( disbursem5t ( ! fir/      

f9ancial aw>d "u ! program e/abli%$ "u  
subsection 7a71 & bi5nially !reaft] =   
#aj ye>s1 conduct a review ( ! program1 
:i* %all include1 at a m9imum-- 7,a7 a  
det]m9ation ( ! numb] ( f9ancial        
assi/ance aw>ds provid$ "u ! program    
dur+ ! p]iod cov]$ by ! review2  7,b7 an
 evaluation ( h[-- 7i7 ! program is be+ 
c>ri$ out1 includ+ h[ recipi5ts (       
f9ancial assi/ance aw>ds are be+ select$
 "u ! program2 &  7ii7 o!r ,f$]al       
programs are lev]ag$ = manufactur+1     
rese>*1 & tra9+ to complem5t ! f9ancial 
assi/ance aw>ds provid$ "u ! program2 & 
7,c7 a description ( ! outcomes (       
projects support$ by f9ancial assi/ance 
aw>ds provid$ "u ! program1 includ+ a   
description (-- 7i7 cov]$ facilities t 7
 con/ruct$ or facilities t 7 exp&$ or   
te*nologically upgrad$ to be cov]$      
facilities z a result ( f9ancial        
assi/ance aw>ds provid$ "u ! program2   
7ii7 work=ce tra9+ programs c>ri$ out ) 
f9ancial assi/ance aw>ds provid$ "u !   
program1 includ+ ef=ts to hire          

individuals f disadvantag$ populations2 
&  7iii7 ! impact ( projects receiv+    
f9ancial assi/ance aw>ds "u ! program on
 ! ,unit$ ,/ates %>e ( global f9i%$ r>e 
e>? product production2 &  7#b7 submit  
to ! appropriate committees ( ,congress 
! results ( ea* review conduct$ "u      
p>agraph 7#a74  7d7 ,au?orization (     
appropriations ,!re are au?oriz$ to be  
appropriat$ to c>ry out ?is section--   
7#a7 #a1ejj1jjj1jjj = fiscal ye> #bjbc2 
&  7#b7 #bjj1jjj1jjj = ea* ( fiscal ye>s
 #bjbd ?r\gh #bjbg4  #d4 ,fund+ =       
developm5t ( secure r>e e>? supply *a9s 
7a7 ,multilat]al ,r>e ,e>? ,security    
,fund  7#a7 ,e/abli%m5t ( fund ,!       
,secret>y ( ! ,treasury may e/abli% a   
tru/ fund1 to be kn[n z ! ,multilat]al  
,r>e ,e>? ,security ,fund 79 ?is section
 ref]r$ to z ! ,fund71 consi/+ ( su*    
am\nts z are appropriat$ to ! ,fund or  
cr$it$ to ! ,fund "u p>agraph 7#c74     
7#b7 ,report+ requirem5t ,if ! ,fund is 
n e/abli%$ by n lat] ?an #ahj days aft] 
! date ( ! enactm5t ( ?is ,act1 on t    

date1 & annually !reaft] until ! ,fund  
is e/abli%$1 ! ,secret>y ( ! ,treasury1 
9 coord9ation ) ! ,secret>y ( ,/ate1    
%all provide1 9 writ+1 to ! appropriate 
committees ( ,congress a rationale = n  
e/abli%+ ! ,fund4  7#c7 ,inve/m5t (     
am\nts  7,a7 ,inve/m5t ( am\nts ,if !   
,fund is e/abli%$1 ! ,secret>y ( !      
,treasury may inve/ su* portion ( !     
,fund z is n requir$ to meet curr5t     
)drawals 9 int]e/-be>+ obligations ( !  
,unit$ ,/ates or 9 obligations gu>ante$ 
z to bo? pr9cipal & int]e/ by ! ,unit$  
,/ates4  7,b7 ,int]e/ & proce$s ,!      
int]e/ on1 & ! proce$s f ! sale or      
r$emption (1 any obligations held 9 !   
,fund %all be cr$it$ to & =m a "p ( !   
,fund4  7#d7 ,use ( fund  7,a7 ,9 g5]al 
,subject to subp>agraph 7,b71 am\nts 9 !
 ,fund %all be available1 z provid$ 9   
advance 9 an appropriations ,act1 to !  
,secret>y ( ,/ate-- 7i7 to provide fund+
 ?r\gh ! common fund+ me*anism describ$ 
9 subsection 7b77#a7 to support !       
developm5t & adoption ( secure r>e e>?  

supply *a9s2 &  7ii7 to o!rwise c>ry out
 ?is section4  7,b7 ,availability       
cont+5t on int]national arrangem5t or   
agreem5t  7i7 ,9 g5]al ,am\nts 9 ! ,fund
 %all be available to ! ,secret>y (     
,/ate1 z provid$ 9 advance 9 an         
appropriations ,act1 on & aft] ! date on
 :i* ! ,secret>y ( ,/ate ent]s into an  
arrangem5t or agreem5t ) ! gov]nm5ts (  
c\ntries t are p>tn]s ( ! ,unit$ ,/ates1
 z det]m9$ by ! ,secret>y ( ,/ate1 to   
p>ticipate 9 ! common fund+ me*anism "u 
subsection 7b77#a74  7ii7 ,consultation 
,be=e ent]+ into an arrangem5t or       
agreem5t z describ$ 9 clause 7i71 !     
,secret>y ( ,/ate1 9 consultation ) !   
,secret>y ( ,comm]ce1 %all ensure t any 
gov]nm5t t w p>ticipate 9 ! arrangem5t  
or agreem5t ma9ta9s export control      
lic5s+ policies ) respect to exports (  
f9i%$ r>e e>? products sub/antively     
equival5t to ! ,unit$ ,/ates ) respect  
to re/rictions on su* exports to ! ,p's 
,republic ( ,*9a4  7b7 ,common fund+    
me*anism = developm5t ( secure r>e e>?  

supply *a9s  7#a7 ,9 g5]al ,! ,secret>y 
( ,/ate1 9 consultation ) ! ,secret>y ( 
,comm]ce1 ! ,secret>y ( ,def5se1 !      
,secret>y ( ,homel& ,security1 !        
,secret>y ( ! ,treasury1 ! ,secret>y (  
,en]gy1 & ! ,director ( ,national       
,intellig5ce1 may e/abli% a common fund+
 me*anism1 9 coord9ation ) ! gov]nm5ts (
 c\ntries t are p>tn]s ( ! ,unit$       
,/ates1 t uses am\nts f ! ,fund to      
support ! developm5t & adoption ( secure
 r>e e>? supply *a9s1 includ+ =-- 7,a7  
rese>* & developm5t collaborations among
 c\ntries p>ticipat+ 9 ! me*anism2 &    
7,b7 supplem5t+ bids by =eign entities t
 are n =eign entities ( conc]n to secure
 (ftake agreem5ts ) entities t m9e r>e  
e>? elem5ts4  7#b7 ,contributions f     
p>ticipat+ c\ntries ,9 e/abli%+ & su/a9+
 a common fund+ me*anism describ$ 9     
p>agraph 7#a71 ! ,secret>y ( ,/ate %all 
seek to lev]age am\nts f ! ,fund to     
secure contributions to ! me*anism f !  
gov]nm5ts ( c\ntries p>ticipat+ 9 !     
me*anism1 includ+ ) respect to co/ %>+ &

 o!r coop]ative measures lead+ to !     
developm5t & adoption ( secure r>e e>?  
supply *a9s4  7#c7 ,commitm5ts ,9 creat+
 & su/a9+ a common fund+ me*anism       
describ$ 9 p>agraph 7#a71 ! ,secret>y ( 
,/ate %all promote ef=ts among c\ntries 
p>ticipat+ 9 ! me*anism-- 7,a7 to       
e/abli% transp>5cy requirem5ts = any    
subsidies or o!r f9ancial b5efits       
7includ+ rev5ue =egone7 provid$ to r>e  
e>? firms locat$ 9 or outside su*       
c\ntries2  7,b7 to e/abli% processes    
simil> to ! process ( ! ,committee on   
,=eign ,inve/m5t 9 ! ,unit$ ,/ates "u   
section #gba ( ! ,def5se ,production    
,act ( #aiej 7#ej ,u4,s4,c4 #defe7 =    
int]v5+ to preempt =eign entities (     
conc]n f inve/+ 91 pur*as+1 or assum+   
control ( entities1 intellectual        
prop]ty1 & equipm5t t are creat$ by or  
b5efit f inve/m5ts by ! me*anism2  7,c7 
to e/abli% consi/5t policies ) respect  
to c\ntries t-- 7i7 are n p>ticipat+ 9 !
 me*anism2 &  7ii7 d n meet transp>5cy  
requirem5ts e/abli%$ "u subp>agraph     

7,a72  7,d7 to promote h>moniz$ treatm5t
 ( f9i%$ r>e e>? products & v]ification 
processes = raw mat]ials or products be+
 export$ to a c\ntry consid]$ a national
 security risk by ! gov]nm5t ( a c\ntry 
p>ticipat+ 9 ! me*anism2  7,e7 to       
e/abli% consi/5t policies among !       
gov]nm5ts ( c\ntries p>ticipat+ 9 !     
me*anism & common policies among        
c\ntries t are n p>ticipat+ to address  
nonm>ket economy c\ntries z ! behavior (
 su* c\ntries p]ta9s to r>e e>? elem5ts2
  7,f7 to align policies ) respect to   
supply *a9 integrity & security1 includ+
 ) respect to protection & en=cem5t (   
intellectual prop]ty rights2 &  7,g7 to 
promote h>moniz$ =eign direct inve/m5t  
scre5+ measures & export control        
policies ) respect to r>e e>? elem5ts to
 align ) national1 multilat]al1 &       
plurilat]al security priorities4  7c7   
,annual report to ,congress ,n lat] ?an 
#a ye> aft] ! date on :i* ! ,fund is    
e/abli%$1 & annually !reaft] = ea*      
fiscal ye> dur+ :i* am\nts 9 ! ,fund are

 available "u subsection 7a77#d71 !     
,secret>y ( ,/ate %all submit to !      
appropriate committees ( ,congress a    
report on ! /atus ( ! implem5tation (   
?is section t includes a description (--
 7#a7 any commitm5ts made by ! gov]nm5ts
 ( c\ntries t h ent]$ into an arrangem5t
 or agreem5t ) ! ,unit$ ,/ates to       
provide fund+ = ! common fund+ me*anism 
describ$ 9 subsection 7b77#a7 & !       
specific am\nt s committ$ & o!r         
coop]ative measures be+ tak5 by su*     
c\ntries z "p ( ! me*anism2  7#b7 !     
crit]ia e/abli%$ = exp5diture ( funds   
?r\gh ! me*anism2  7#c7 h[1 & to :om1   
am\nts h be5 exp5d$ f ! ,fund & a       
description ( progress made 9 utiliz+ ! 
,fund to support ! objectives describ$ 9
 subsection 7b77#a72  7#d7 am\nts rema9+
 9 ! ,fund2  7#e7 ! progress ( !        
,secret>y ( ,/ate t[>d ent]+ into an    
arrangem5t or agreem5t ) ! gov]nm5ts (  
c\ntries t are p>tn]s ( ! ,unit$ ,/ates 
to p>ticipate 9 ! common fund+ me*anism 
& ! commitm5ts describ$ 9 subsection    

7b77#b72 &  7#f7 any additional         
au?orities ne$$ to enhance !            
effectiv5ess ( ! ,fund 9 a*iev+ !       
security goals ( ! ,unit$ ,/ates4  7d7  
,notifications ,to ,be provid$ by !     
,fund  7#a7 ,9 g5]al ,n lat] ?an #ae    
days prior to ! ,fund mak+ a f9ancial   
commitm5t associat$ ) ! provision (     
exp5ditures "u subsection 7a77#d77;,a7 9
 an am\nt 9 excess ( #a1jjj1jjj1 !      
,secret>y ( ,/ate %all submit to !      
appropriate committees ( ,congress a    
report 9 writ+ t includes ! in=mation   
describ$ 9 p>agraph 7#b74  7#b7         
,in=mation requir$ ,! in=mation describ$
 9 ?is p>agraph is-- 7,a7 ! am\nt ( ea* 
exp5diture describ$ 9 p>agraph 7#a72    
7,b7 an id5tification ( ! recipi5t or   
b5efici>y ( ea* su* exp5diture2 &  7,c7 
a description ( ! project or activity to
 be c>ri$ out & ! purpose to be a*iev$  
by ea* su* exp5diture4  7#c7            
,arrangem5ts or agreem5ts ,! ,secret>y (
 ,/ate %all notify ! appropriate        
committees ( ,congress n lat] ?an #cj   

days aft] ent]+ into a new bilat]al or  
multilat]al arrangem5t or agreem5t      
describ$ 9 subsection 7a77#d77;,b74  #e4
 ,work=ce developm5t initiative ,z soon 
z practicable aft] ! date ( enactm5t (  
?is ,act1 ! ,secret>y %all e/abli% an   
initiative "u :i* ! ,secret>y %all "w ) 
! ,secret>y ( ,labor1 ! ,director ( !   
,national ,sci5ce ,f\ndation1 !         
,critical ,m9]als ,subcommittee ( !     
,national ,sci5ce & ,te*nology ,c\ncil1 
! private sector1 in/itutions ( high]   
education1 & work=ce tra9+ entities to  
inc5tivize & exp& p>ticipation 9        
graduate & und]graduate programs1 & to  
develop work=ce tra9+ programs &        
appr5tice%ips1 relat+ to advanc$ r>e e>?
 elem5t m9+1 sep>ation1 process+1       
metallurgy1 & advanc$ equipm5t ma9t5ance
 capabilities4  #f4 ,prohibition relat+ 
to =eign entities ( conc]n ,none ( !    
funds au?oriz$ to be appropriat$ to c>ry
 out ?is ,act may be provid$ to a =eign 
entity ( conc]n4  #g4 ,def5se           
,production ,act ( #aiej ef=ts  7a7 ,9  

g5]al ,n lat] ?an #ahj days aft] ! date 
( enactm5t ( ?is ,act1 ! ,presid5t %all 
submit to ,congress a report on a plan (
 action = any use ( au?orities available
 9 title ,,iii ( ! ,def5se ,production  
,act ( #aiej 7#ej ,u4,s4,c4 #deca et    
seq47 to e/abli% or enhance a dome/ic   
production capability = f9i%$ r>e e>?   
products & relat$ te*nologies1 subject  
to-- 7#a7 ! availability (              
appropriations = t purpose2 &  7#b7 a   
det]m9ation made "u ! plan pursuant to t
 title t-- 7,a7 f9i%$ r>e e>? products &
 relat$ te*nologies are ess5tial to !   
national def5se2 &  7,b7 dome/ic        
indu/rial capabilities are insuffici5t  
to meet ^? ne$s4  7b7 ,coord9ation ,!   
,presid5t %all develop ! plan ( action  
requir$ by subsection 7a7 9 consultation
 ) any relevant head ( a ,f$]al ag5cy1  
an advisory committee e/abli%$ "u       
section #gjh7;d7 ( ! ,def5se ,production
 ,act ( #aiej 7#ej ,u4,s4,c4 #deeh7;d771
 & appropriate /akehold]s 9 ! private   
sector4