,,ii #aah? ,,congress #b;d ,session ,s4 #ddif ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,june #aa1 #bjbd,mr4 ,romney 7= himself & ,mrs4 ,%ahe57 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,arm$ ,s]vices ,a ,,bill ,to exp& ! au?orities ( ! ,(fice ( ,/rategic ,capital ( ! ,dep>tm5t ( ,def5se4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,inve/+ 9 ,our ,def5se ,act ( #bjbd4 #b4 ,au?orization to make equity inve/m5ts 7a7 ,9 g5]al ,section #adi ( title #aj1 ,unit$ ,/ates ,code1 is am5d$-- 7#a7 by r$esignat+ subsection 7e7 z subsection 7f72 & 7#b7 by ins]t+ aft] subsection 7d7 ! foll[+ new subsection 7e73 7e7 ,equity inve/m5ts 7#a7 ,9 g5]al ,! ,(fice may1 z a m9ority inve/or1 support eligible inve/m5ts ) funds or use o!r me*anisms = ! purpose ( pur*as+1 & may make & fund commitm5ts to pur*ase1 inve/ 91 make pl$ges 9 respect (1 or o!rwise acquire1 equity or quasi-equity securities or %>es or f9ancial int]e/s ( any entity1 ^u su* t]ms & conditions z ! ,director may det]m9e4 7#b7 ,limitations on equity inve/m5ts 7,a7 ,p] project limit ,! aggregate am\nt ( support provid$ "u ?is subsection ) respect to any eligible inve/m5t %all n exce$ #bj p]c5t ( ! aggregate am\nt ( all equity inve/m5t made to ! project at ! "t t ! ,(fice approves support = ! eligible inve/m5t4 7,b7 ,total limit ,support provid$ "u ?is subsection %all be limit$ to n m ?an #ce p]c5t ( ! aggregate exposure ( ! ,(fice on ! date on :i* ! support is provid$4 7#c7 ,sales & liquidation ( support ,! ,(fice %all seek to sell & liquidate any support = an eligible inve/m5t provid$ "u ?is subsection z soon z comm]cially feasible1 comm5surate ) o!r simil> inve/ors 9 ! project & tak+ into consid]ation ! national security int]e/s ( ! ,unit$ ,/ates4 7#d7 ,timetable ,! ,(fice %all create an eligible inve/m5t-specific timetable = support provid$ "u p>agraph 7#a74 7#e7 ,budget>y treatm5t ( equity inve/m5ts ,support provid$ "u ?is subsection %all con/itute a cr$it program "u ! ,f$]al ,cr$it ,re=m ,act ( #aiij 7#b ,u4,s4,c4 #fba et seq471 & ! budget>y co/ ( equity inve/m5ts %all accord+ly be calculat$ on a net-pres5t basis4 4 7b7 ,con=m+ am5dm5t ,subsection 7f77#a7 ( su* section1 z r$esignat$ by subsection 7a71 is fur!r am5d$ by ins]t+ 1 equity inve/m5t aft] loan gu>antee4 #c4 ,au?orization to inve/ 9 critical m9]als 7a7 ,s5se ( ,congress ,x is ! s5se ( ,congress t ! ,(fice ( ,/rategic ,capital %\ld seek to inve/ 9 critical m9]als 9 support ( ! policy describ$ 9 section #adad ( ! ,national ,def5se ,au?orization ,act = ,fiscal ,ye> #bjbd 7,public ,law #aah-ca2 #acg ,/at4 #ebh2 #aj ,u4,s4,c4 #dhaa note74 7b7 ,inve/m5ts 9 critical m9]als ,section #adi7;f77#c7 ( title #aj1 ,unit$ ,/ates ,code1 z am5d$ by section #b1 is fur!r am5d$ by add+ at ! end ! foll[+ new subp>agraph3 7,,ff7 ,critical m9]als4 4 #d4 ,au?orization to collect fees = provid+ capital inve/m5ts ,section #adi ( title #aj1 ,unit$ ,/ates ,code1 z am5d$ by section #b1 is fur!r am5d$-- 7#a7 by r$esignat+ subsection 7f7 z subsection 7g72 & 7#b7 by ins]t+ aft] subsection 7e7 ! foll[+ new subsection 7f73 7f7 ,fee au?ority ,! ,director may *>ge & collect fees = provid+ capital assi/ance 9 am\nts to be det]m9$ by ! ,director4 ,su* fees1 once collect$1 may be us$ only = ! purposes & to ! ext5t provid$ 9 advance by appropriations ,acts4 4 #e4 ,hir+ au?orities ,section #adi ( title #aj1 ,unit$ ,/ates ,code1 z am5d$ by sections #b & #d1 is fur!r am5d$-- 7#a7 by r$esignat+ subsection 7g7 z subsection 7h72 & 7#b7 by ins]t+ aft] subsection 7f7 ! foll[+ new subsection 7g73 7g7 ,(fic]s & employees 7#a7 ,9 g5]al ,except z o!rwise provid$ 9 ?is section1 (fic]s1 employees1 & ag5ts ( ! ,(fice %all be select$ & appo9t$ by ! ,director1 & %all be ve/$ ) su* p[]s & duties z ! ,director may det]m9e4 7#b7 ,adm9i/ratively det]m9$ employees 7,a7 ,appo9tm5t2 comp5sation2 removal ,( (fic]s & employees employ$ by ! ,(fice "u p>agraph 7#a71 n m ?an #ej may be appo9t$1 comp5sat$1 or remov$ )\t reg>d to title #e4 7,b7 ,re9/atem5t ,"u su* regulations z ! ,secret>y ( ,def5se may prescribe1 (fic]s & employees appo9t$ to a position "u subp>agraph 7,a7 may be entitl$1 ^u removal f su* position 7unless ! removal 0 = cause71 to re9/atem5t to ! position occupi$ at ! "t ( appo9tm5t or to a position ( comp>able grade & sal>y4 7,c7 ,additional positions ,positions au?oriz$ by subp>agraph 7,a7 %all be 9 addition to ^? o!rwise au?oriz$ by law1 includ+ positions au?oriz$ "u section #eajh ( title #e4 7,d7 ,rates ( pay = (fic]s & employees ,! ,director may set & adju/ rates ( basic pay = (fic]s & employees appo9t$ "u subp>agraph 7,a7 )\t reg>d to ! provisions ( *apt] #ea or sub*apt] ,,iii ( *apt] #ec ( title #e1 relat+ to classification ( positions & ,g5]al ,s*$ule pay rates1 respectively4 4