,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #dcej  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,july #aj1 #bjbe ,ms4 
,/ev5s 7= h]self & ,mr4 ,clyburn7       
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,ways & ,means1 & 9    
addition to ! ,committees on ,en]gy &   
,comm]ce1 ,natural ,res\rces1 ,education
 & ,work=ce1 & ,sci5ce1 ,space1 &       
,te*nology1 = a p]iod to be subsequ5tly 
det]m9$ by ! ,speak]1 9 ea* case =      
consid]ation ( su* provisions z fall )9 
! jurisdiction ( ! committee conc]n$  ,a
 ,,bill  ,to e/abli% a loan program to  
exp& capabilities to manufacture        
critical mat]ials to secure ! ,unit$    
,/ates supply *a91 to am5d ! ,int]nal   
,rev5ue ,code ( #aihf to provide cr$its 
= qualifi$ inve/m5ts into critical      
mat]ial facilities & production cr$its =
 manufactur+ critical mat]ials1 & to    
au?orize cross-cutt+ rese>*1 developm5t1
 & demon/ration activities relat+ to    
critical mat]ial supply *a9s1 & = o!r   
purposes4  #a4 ,%ort title2 table (     

cont5ts  7a7 ,%ort title ,?is ,act may  
be cit$ z ! ,une>? ,am]ica's ,future    
,act4  7b7 ,table ( cont5ts ,! table (  
cont5ts = ?is ,act is z foll[s3  ,sec4  
#a4 ,%ort title2 table ( cont5ts4 ,title
 ,i--,resili5t ,expansion ( ,/rategic   
,indu/ries ,sec4 #aja4 ,s5se (          
,congress4 ,sec4 #ajb4 ,national c5t] = 
secure & transp>5t critical mat]ial     
supply *a9s4 ,sec4 #ajc4 ,loan program =
 resili5t critical mat]ial supply *a9s4 
,sec4 #ajd4 ,requir$ collaboration4     
,sec4 #aje4 ,mat]ial supply *a9         
public-private p>tn]%ip4 ,sec4 #ajf4    
,au?orization ( appropriations4 ,sec4   
#ajg4 ,t]m9ation4 ,sec4 #ajh4           
,def9itions4 ,title ,,ii--,critical     
,mat]ial ,tax ,cr$its ,sec4 #bja4       
,critical mat]ial inve/m5t tax cr$it4   
,sec4 #bjb4 ,critical mat]ial production
 tax cr$it4 ,sec4 #bjc4 ,consultation4  
,title ,,iii--,critical ,mat]ial ,rese>*
 & ,developm5t ,sec4 #cja4 ,cl>ify+ m9+ 
rese>* at ! ,national ,sci5ce           
,f\ndation4 ,sec4 #cjb4 ,cl>ify+ m9+    

rese>* at ! ,dep>tm5t ( ,en]gy4 ,sec4   
#cjc4 ,critical mat]ials rese>* &       
developm5t4 ,sec4 #cjd4 ,critical       
mat]ial /&>ds & metrology4 ,sec4 #cje4  
,critical mat]ials demon/ration4 ,sec4  
#cjf4 ,def9itions4  ,i ,resili5t        
,expansion ( ,/rategic ,indu/ries  #aja4
 ,s5se ( ,congress ,x is ! s5se (       
,congress t ! ,secret>y ( ,comm]ce1 9   
consultation ) ! ,secret>y ( ,/ate1 %\ld
 c>ry out ! actions & collaborations    
au?oriz$ by ?is title 9 a mann] t-- 7#a7
 /r5g!ns ! security & resili5cy ( !     
critical mat]ial supply *a9 = !         
national1 en]gy1 & economic security ( !
 ,unit$ ,/ates1 includ+ ?r\gh--  7,a7   
prioritiz+ exp&$ dome/ic capabilities2 &
  7,b7 exp&+ =eign capabilities to      
support su* exp&$ dome/ic capabilities2 
7#b7 promotes innovative te*nologies1   
mat]ials1 & te*niques to create secure  
supply *a9s :ile prev5t+ environm5tal   
degradation2  7#c7 supports indu/rial   
dec>bonization ?r\gh\t ! supply *a92    
7#d7 def5ds work] rights ?r\gh /rong    

workplace protections1 includ+ ?r\gh    
neutrality agreem5ts1 & removes human   
rights violations across ! supply *a92  
7#e7 supports community engagem5t &     
consultation to prev5t dis5fran*isem5t &
 o!r environm5tal inju/ices f occurr+2 &
  7#f7 gr[s ! economic /r5g? & bol/]s ! 
lead]%ip ( ! manufactur+ sector ( !     
,unit$ ,/ates1 includ+ its work=ce4     
#ajb4 ,national c5t] = secure &         
transp>5t critical mat]ial supply *a9s  
7a7 ,e/abli%m5t ,! ,secret>y ( ,comm]ce1
 9 consultation ) ! ,secret>y ( ,/ate1 &
 ?r\gh ! collaboration requir$ "u       
section #ajd1 %all e/abli% a national   
c5t] 79 ?is title ref]r$ to z ! ,c5t]7 9
 ! ,dep>tm5t ( ,comm]ce to support !    
security & resili5ce ( ! critical       
mat]ial supply *a9 by advanc+ policy    
recomm5dations1 be/ practices1 & o!r    
activities to create a critical mat]ial 
supply *a9 ) ! foll[+ *>act]i/ics3  7#a7
 ,security & resili5cy aga9/ supply *a9 
disruptions4  7#b7 ,environm5tal        
su/a9ability4  7#c7 ,work=ce security & 

safety4  7#d7 ,innovativ5ess4  7b7      
,functions ,! functions ( ! ,c5t] %all  
be z foll[s3 7#a7 ,to /udy & report on  
em]g+ tr5ds1 opportunities1 & *all5ges (
 ! critical mat]ial supply *a9 to       
provide ! ,f$]al ,gov]nm5t a robu/      
und]/&+ ( su* supply *a91 includ+--     
7,a7 m>ket dynamics2  7,b7 pric+ &      
availability dynamics2 &  7,c7          
transp>5cy & traceability4  7#b7 ,to    
/udy1 report1 & provide recomm5dations  
to ! ,f$]al ,gov]nm5t on curr5t & future
 policies t ! ,unit$ ,/ates & ! p>tn]s &
 allies ( ! ,unit$ ,/ates %\ld evaluate 
to promote ! security & resili5ce ( !   
critical mat]ial supply *a94  7#c7 ,to  
promote environm5tal su/a9ability 9 !   
critical mat]ial supply *a9 by-- 7,a7   
dissem9at+ in=mation on relevant be/    
practices2 &  7,b7 provid+ te*nical     
assi/ance & o!r res\rces1 z det]m9$ by !
 head ( ! ,c5t] z appropriate & n       
duplicative ( o!r te*nical assi/ance &  
res\rces provid$ by ! ,f$]al ,gov]nm5t1 
to su* indu/ry to support ! adoption (--

 7i7 environm5tal protection practices1 
includ+ ! use ( em]g+ te*nologies1 to   
prev5t environm5tal degradation )9      
extraction processes2  7ii7 indu/rial   
dec>bonization practices2  7iii7        
innovative d[n/ream applications (      
critical mat]ials1 includ+ qualifi$     
sub/itutes to decrease reliance on      
supply *a9s vuln]able to =eign          
disruptions2 &  7iv7 practices t improve
 ! ability ( critical mat]ials to be    
recycl$ & reus$ to support circul>      
economies 7z def9$ 9 section #b ( !     
,save ,our ,seas #b4j ,act 7#cc         
,u4,s4,c4 #dbja774  7#d7 ,to /r5g!n !   
work=ce = ! critical mat]ial supply *a9 
indu/ry1 includ+ ?r\gh education &      
work=ce pa?ways & ! dissem9ation ( be/  
practices1 9 collaboration ) ! ,secret>y
 ( ,labor1 t ensure wage rates are      
det]m9$ by free b>ga9+ betwe5 labor &   
managem5t4  7#e7 ,to /r5g!n ! innovation
 ecosy/em relat$ to ! critical mat]ial  
supply *a9 indu/ry4  7#f7 ,to           
collaborate ) allies ( ! ,unit$ ,/ates  

to support ! developm5t ( resili5t      
supply *a9s = critical mat]ials1 includ+
 ?r\gh creat+ innovative p>tn]%ips ) su*
 allies & o!r organizations4  7c7 ,/udy 
publication ,! head ( ! ,c5t] %all make 
publicly available on a website ( !     
,c5t] ea* report creat$ by ! ,c5t]      
pursuant to p>agraph 7#a7 or 7#b7 (     
subsection 7b74  #ajc4 ,loan program =  
resili5t critical mat]ial supply *a9s   
7a7 ,e/abli%m5t ,n lat] ?an #a ye> aft] 
! date ( ! enactm5t ( ?is ,act & subject
 to ! availability ( appropriations1 !  
,secret>y ( ,comm]ce1 act+ ?r\gh ! head 
( ! ,c5t] & 9 consultation ) ! ,secret>y
 ( ,/ate & 9 collaboration ) ! heads ( !
 ,f$]al ag5cies & dep>tm5ts describ$ 9  
section #ajd7;a71 %all e/abli% a program
 to make or gu>antee loans made to cov]$
 entities to acquire1 e/abli%1 or       
enhance facilities relat$ to develop+   
dome/ic & =eign critical mat]ial        
manufactur+ capabilities = ! national1  
en]gy1 & economic security ( ! ,unit$   
,/ates4  7b7 ,eligibility ,a cov]$      

entity %all be eligible = a loan made or
 gu>ante$ "u ?is section if ! cov]$     
entity meets ea* ( ! foll[+ crit]ia3    
7#a7 ,! cov]$ entity has a specific plan
 to use su* loan = con/ruct+1 exp&+1    
mod]niz+1 or repurpos+ a facility1      
includ+ ! acquisition ( relevant        
specializ$ equipm5t or a facility       
manufactur+ su* relevant specializ$     
equipm5t1 9 ! ,unit$ ,/ates or 9 a =eign
 c\ntry ( int]e/1 = critical mat]ial    
manufactur+4  7#b7 ,! cov]$ entity has  
an executable plan t supports resili5t  
supply *a9s = ! national1 en]gy1 &      
economic security ( ! ,unit$ ,/ates1    
includ+ by id5tify+-- 7,a7 ! type (     
critical mat]ial1 includ+ qualifi$      
sub/itute & byproducts1 ! cov]$ entity w
 produce at ! facility describ$ 9       
p>agraph 7#a72  7,b7 ! cu/om]s or       
categories ( cu/om]s1 to :i* ! cov]$    
entity plans to sell ! critical mat]ials
 s produc$2  7,c7 ! b5efit ( su* plann$ 
sales to ! security & resili5ce ( !     
critical mat]ial supply *a9 )9 ! ,unit$ 

,/ates1 includ+ consid]ation ( any      
second>y effects /r5g!n+ a relevant     
supply *a9 ) an alli$ c\ntry2 &  7,d7 ! 
risks to ! supply *a9s ( critical       
mat]ials = ! facility describ$ 9        
p>agraph 7#a7 ) respect to :i* ! cov]$  
entity is seek+ a loan or loan gu>antee 
"u ?is section t ! cov]$ entity mu/     
mitigate1 includ+ risks associat$ )     
access1 availability1 confid5tiality1   
integrity1 transp>5cy1 & any lack (     
geographic div]sification 9 su* critical
 mat]ial supply *a9s4  7#c7 ,! cov]$    
entity & ! op]ation ( ! propos$ facility
 w support & exp& exi/+ actions tak5 by 
! ,unit$ ,/ates ,gov]nm5t1 includ+ ?r\gh
 ! ,dep>tm5t ( ,def5se & ! ,dep>tm5t (  
,en]gy1 to /r5g!n ! resili5cy ( !       
critical mat]ial supply *a94  7#d7 ,!   
cov]$ entity-- 7,a7 c op]ate ! facility 
on an ongo+ basis1 9 accordance )       
subp>agraphs 7,a71 7,b71 & 7,c7 (       
p>agraph 7#b71 )\t dep5d+ on additional 
,f$]al assi/ance2  7,b7 c reasonably    
repay su* loan2 &  7,c7 meets su* o!r   

/&>ds = f9ancial heal? z det]m9$        
appropriate by ! ,secret>y4  7#e7 ,!    
cov]$ entity-- 7,a7 w n use funds       
receiv$ "u su* loan ) respect to        
activities or op]ations locat$ 9 a =eign
 c\ntry ( conc]n or a nonm>ket economy  
c\ntry2  7,b7 is n organiz$ "u ! laws ( 
a =eign c\ntry ( conc]n or a nonm>ket   
economy c\ntry or ( any jurisdiction )9 
su* a c\ntry2  7,c7 is n own$1          
controll$1 or op]at$ by a =eign entity (
 conc]n2  7,d7 is n o!rwise 9 a p>tn]%ip
 or association ) a =eign entity (      
conc]n2 &  7,e7 is n engag$ 9 any jo9t  
rese>* or te*nology lic5s+ ef=t = any   
innovative te*nology1 mat]ial1 or       
te*nique = ! critical mat]ial supply *a9
 ) a =eign entity ( conc]n or a =eign   
c\ntry ( conc]n4  7#f7 ,! cov]$ entity  
has a specific plan to foll[ exi/+      
procurem5t policies z implem5t$ by !    
core jobs m&ate 9 section #b7;a77#a7 ( !
 ,export-,import ,bank ,act ( #aide 7#ab
 ,u4,s4,c4 #fce7;a77#a774  7c7          
,additional consid]ations = review ,9   

det]m9+ :e!r to make or gu>antee a loan 
to a cov]$ entity "u ?is section )      
respect to a facility describ$ 9        
subsection 7b77#a71 ! ,secret>y %all    
consid]--  7#a7 :e!r ! cov]$ entity has 
an executable plan ) respect to su*     
facility to c>ry out-- 7,a7 developm5t (
 ! local work=ce by creat+ & exp&+      
educational & work=ce pa?ways1 includ+  
pa?ways develop$ ?r\gh engagem5t )      
relevant local entities 9 ! community 9 
:i* su* facility is or w be locat$2 &   
7,b7 to ! greate/ ext5t possible1       
environm5tal su/a9ability initiatives1  
includ+ ! use ( a relevant indu/rial    
dec>bonization practice or              
environm5tally b5ign m9+ practices1 z   
appropriate to su* facility2 &  7#b7 )  
respect to a cov]$ entity seek+ a loan  
made or gu>ante$ = a facility locat$ 9 a
 =eign c\ntry ( int]e/1 su* additional  
factors z ! ,secret>y1 9 consultation ) 
! ,secret>y ( ,/ate & ! ,unit$ ,/ates   
,trade ,repres5tative1 may det]m9e      
necess>y to ensure t--  7,a7 ! cov]$    

entity w n use =c$ or *ild labor or use 
o!r practices t create unduly dang]\s   
workplace conditions t are n consi/5t ) 
! laws ( ! ,unit$ ,/ates2  7,b7 ! cov]$ 
entity w meet or exce$ ,unit$ ,/ates    
p]missible air & wat] quality /&>ds z   
def9$ "u section #aja ( ! ,clean ,air   
,act 7#db ,u4,s4,c4 #gdja7 & section    
#aja ( ! ,f$]al ,wat] ,pollution        
,control ,act 7#cc ,u4,s4,c4 #abea71 &1 
to ! greate/ ext5t possible1 prev5t     
environm5tal degradation relat$ to !    
con/ruction & op]ation ( ! facility1    
includ+ ?r\gh ! use ( relevant indu/rial
 dec>bonization practices &             
environm5tally b5ign m9+ practices2     
7,c7 ! cov]$ entity is n subject to     
cov]$ trade action2 &  7,d7 ! facility w
 n be locat$ 9 a =eign c\ntry ( conc]n  
or a nonm>ket economy c\ntry or be      
associat$ ) a =eign entity ( conc]n1    
includ+ ?r\gh exi/+ or future p>tn]%ips 
betwe5 ! cov]$ entity & any =eign entity
 ( conc]n or an associat$ subsidi>y4    
7d7 ,exp$it$ review ,! ,secret>y may    

waive subsection 7c7 ) respect to a loan
 gu>antee "u ?is section = a loan )     
respect to a facility describ$ 9        
subsection 7b77#a7 if su* facility is   
locat$ )9 ! ,unit$ ,/ates4  7e7         
,prioritization ,9 mak+ or gu>antee+    
loans "u ?is section1 ! ,secret>y %all  
prioritize loans ) respect to facilities
 t--  7#a7 exp& ! dome/ic supply (      
critical mat]ials t ! ,secret>y det]m9es
 necess>y to !-- 7,a7 ! national        
security & def5se ( ! ,unit$ ,/ates2    
7,b7 ! en]gy security & indep5d5ce ( !  
,unit$ ,/ates2 &  7,c7 ! economic       
competitiv5ess ( ! ,unit$ ,/ates2  7#b7 
h n be5 support$ by prior direct        
inve/m5t 7exclud+ rese>*1 developm5t1 or
 demon/ration support7 by ! ,dep>tm5t ( 
,def5se1 ! ,dep>tm5t ( ,en]gy1 or any   
o!r ,f$]al dep>tm5t or ag5cy1 unless !  
,secret>y det]m9es t mak+ or gu>antee+  
su* loan is 9 ! be/ int]e/ ( c>ry+ out !
 purposes describ$ 9 p>agraph 7#a71     
includ+ a loan to a cov]$ entity )      
respect to a facility or activity to    

exp& ! dome/ic supply ( su* critical    
m9]als t 0 support$ by a prior ,f$]al   
aw>d2 &  7#c7 pur*ase ,unit$ ,/ates-made
 goods & s]vices1 includ+ m9+ equipm5t1 
ma*9]y1 iron1 /eel1 & o!r goods requir$ 
to = critical mat]ial manufactur+4  7f7 
,notification ,n lat] ?an #ae days be=e 
mak+ or gu>antee+ a loan "u ?is section 
t exce$s #ajj1jjj1jjj1 ! ,secret>y %all 
notify ! appropriate committees (       
,congress ( su* loan4  7g7 ,conditions (
 loans & loan gu>antees  7#a7           
,application  7,a7 ,9 g5]al ,a cov]$    
entity seek+ a loan made or gu>ante$ "u 
?is section %all submit to ! ,secret>y  
an application at su* "t1 9 su* mann]1 &
 conta9+ su* in=mation z ! ,secret>y    
det]m9es appropriate1 includ+ su*       
records & o!r in=mation ! ,secret>y     
det]m9es appropriate to det]m9e !       
eligibility ( a cov]$ entity & :e!r !   
facility ) respect to :i* su* cov]$     
entity is seek+ su* loan is 9 ! int]e/ (
 ! ,unit$ ,/ates4  7,b7 ,gu>ante$ loans 
,9 addition to ! in=mation requir$ to be

 includ$ 9 ! application "u subp>agraph 
7,a7 & subject to subsection 7d71 a     
cov]$ entity seek+ a loan gu>ante$ "u   
?is section %all include 9 su*          
application su* in=mation z ! ,secret>y 
det]m9es appropriate to det]m9e :e!r !  
loan ) respect to :i* su* cov]$ entity  
is seek+ su* gu>antee is eligible to be 
gu>ante$ "u ?is section1 includ+ ! l5d] 
mak+ su* loan & ! t]ms & conditions (   
su* loan4  7#b7 ,rates1 t]ms1 &         
repaym5ts ( loans ,a loan made or       
gu>ante$ "u ?is section %all--  7,a7 be 
disburs$ 9 in/allm5ts pursuant to a     
s*$ule det]m9$ by ! ,secret>y2  7,b7 h  
an int]e/ rate t does n exce$ a level t 
! ,secret>y det]m9es appropriate1 tak+  
into acc\nt1 z ( ! date on :i* ! loan is
 made1 ! co/ ( funds to ! ,dep>tm5t ( ! 
,treasury = obligations ( comp>able     
maturity2 &  7,c7 h a t]m ( n m ?an #be 
ye>s4  7#c7 ,responsible l5d] ,no loan  
may be gu>ante$ "u ?is section unless ! 
,secret>y det]m9es t--  7,a7 ! l5d] t   
made su* loan is responsible2 &  7,b7   

su* loan provides adequate provisions to
 protect ! int]e/ ( ! ,unit$ ,/ates4    
7#d7 ,limitation  7,a7 ,c]tification ,a 
loan made or gu>ante$ "u ?is section may
 n exce$ ! foll[+ am\nts unless !       
,presid5t c]tifies to ! appropriate     
committees ( ,congress t a loan exce$+  
su* am\nts is necess>y to significantly 
increase ! supply ( critical mat]ials   
relevant to ! national1 en]gy1 &        
economic security ( ! ,unit$ ,/ates3 7i7
 ,= a loan ) respect to a facility      
locat$ )9 ! ,unit$ ,/ates1 ! less] (--  
7,i7 #a1jjj1jjj1jjj or #ej p]c5t ( !    
total co/ ( ! con/ruction1 expansion1   
mod]nization1 or repurpos+ ( su*        
facility = :i* ! cov]$ entity is seek+  
su* loan 9 ! case ( a loan made "u ?is  
section2 or  7,,ii7 #a1jjj1jjj1jjj or   
#ge p]c5t ( ! total co/ ( ! con/ruction1
 expansion1 mod]nization1 or repurpos+ (
 su* facility = :i* ! cov]$ entity is   
seek+ su* loan 9 ! case ( a loan        
gu>ante$ "u ?is section4  7ii7 ,= a loan
 ) respect to a facility locat$ outside 

( ! ,unit$ ,/ates1 ! less] (            
#bej1jjj1jjj or #be p]c5t ( ! total co/ 
( ! con/ruction1 expansion1             
mod]nization1 or repurpos+ ( su*        
facility = :i* ! cov]$ entity is seek+  
su* loan4  7,b7 ,maximum aw>d ,not)/&+  
subp>agraph 7,a71 a loan made or        
gu>ante$ "u ?is section may n exce$ !   
foll[+ am\nts3  7i7 ,= a loan ) respect 
to a facility locat$ )9 ! ,unit$ ,/ates1
 ! less] (-- 7,i7 #b1jjj1jjj1jjj or #ej 
p]c5t ( ! total co/ ( ! con/ruction1    
expansion1 mod]nization1 or repurpos+ ( 
su* facility = :i* ! cov]$ entity is    
seek+ su* loan 9 ! case ( a loan made "u
 ?is section2 or  7,,ii7 #b1jjj1jjj1jjj 
or #ge p]c5t ( ! total co/ ( !          
con/ruction1 expansion1 mod]nization1 or
 repurpos+ ( su* facility = :i* ! cov]$ 
entity is seek+ su* loan 9 ! case ( a   
loan gu>ante$ "u ?is section4  7ii7 ,= a
 loan ) respect to a facility locat$    
outside ( ! ,unit$ ,/ates1 ! less] (    
#ejj1jjj1jjj or #be p]c5t ( ! total co/ 
( ! con/ruction1 expansion1             

mod]nization1 or repurpos+ ( su*        
facility = :i* ! cov]$ entity is seek+  
su* loan4  7#e7 ,additional t]ms ,a loan
 made or gu>ante$ "u ?is section may    
include any o!r t]ms & conditions t !   
,secret>y det]m9es to be appropriate4   
7#f7 ,reasonable prospect ( repaym5t    
crit]ia ,= ! purposes ( det]m9+ :e!r to 
make or gu>antee a loan "u ?is section1 
! ,secret>y %all det]m9e :e!r a cov]$   
entity has a reasonable prospect (      
repay+ su* loan bas$ on ! foll[+3  7,a7 
,! protection ( ! f9ancial int]e/s ( !  
,unit$ ,/ates provid$ by contractual    
t]ms ( ! project ! cov]$ entity plans to
 p]=m4  7,b7 ,! expect$ f9ancial /r5g? (
 ! cov]$ entity--  7i7 at ! "t ! loan or
 gu>antee w\ld be approv$2 &  7ii7      
?r\gh\t ! loan t]m aft] ! project is    
complet$4  7,c7 ,! f9ancial /r5g? ( !   
inve/ors & /rategic p>tn]s ( ! cov]$    
entity1 if applicable4  7,d7 ,o!r       
f9ancial metrics1 analyses1 or crit]ia  
reli$ ^u by ! private l5d+ community &  
o!r nationally recogniz$ cr$it rat+     

ag5cies t ! ,secret>y det]m9es relevant 
to ! evaluation ( ! f9ancial /r5g? ( !  
cov]$ entity4  7h7 ,use ( funds ,a cov]$
 entity t receives a loan made or       
gu>ante$ "u ?is section may only use !  
aw>d$ am\nts = ! foll[+ purposes (      
support+ activities describ$ 9          
subsection 7a71 z docum5t$ 9 !          
application submitt$ by ! cov]$ entity  
"u subsection 7g77#a71 to-- 7#a7 f9ance 
! con/ruction1 expansion1 mod]nization1 
or repurpos+ ( a facility1 includ+ ?r\gh
 ! acquisition ( relevant equipm5t &    
site developm5t1 = critical mat]ial     
manufactur+2  7#b7 f9ance ! con/ruction1
 expansion1 mod]nization1 or repurpos+ (
 a facility to manufacture relevant     
specializ$ equipm5t describ$ 9          
subsection 7b77#a71 includ+ site        
developm5t2  7#c7 f9ance ! con/ruction1 
expansion1 mod]nization1 or repurpos+ ( 
a facility1 includ+ ?r\gh ! acquisition 
( relevant specializ$ equipm5t1 = !     
rese>*1 developm5t1 & demon/ration )9 ! 
,unit$ ,/ates ( innovative te*nologies1 

mat]ials1 or te*niques relat$ to        
e/abli%+ resili5t critical mat]ial      
supply *a92  7#d7 support ! expansion or
 creation ( educational & work=ce       
pa?ways1 includ+ engagem5t ) ! community
 & relevant local entities ?r\gh        
innovative p>tn]%ips1 includ+           
appr5tice%ip programs2  7#e7 support    
activities relat$ to environm5tal       
protection & o!r su/a9ability practices1
 includ+ ! implem5tation ( indu/rial    
dec>bonization practices2 or  7#f7 pay  
reasonable co/s relat$ to ! op]at+      
exp5ses = a facility describ$ 9 p>agraph
 7#a71 7#b71 or 7#c71 includ+ hir+ a    
specializ$ work=ce1 acquir+ ess5tial    
mat]ials1 & p]=m+ complex equipm5t      
ma9t5ance1 z det]m9$ appropriate by !   
,secret>y4  7i7 ,loan agreem5t  7#a7 ,9 
g5]al ,z a condition to receive a loan  
made or gu>ante$ "u ?is section1 ! cov]$
 entity receiv+ su* loan %all ent] into 
an agreem5t ) ! ,secret>y "u :i*1 dur+ !
 #aj-ye> p]iod beg9n+ on ! date ( ! fir/
 disbursem5t ( su* loan1 ! cov]$        

entity--  7,a7 w n engage 9 any         
significant transaction1 z def9$ 9 !    
agreem5t1 involv+ ! expansion ( exi/+   
critical mat]ials capabilities ( a =eign
 entity ( conc]n or a =eign entity 9 a  
=eign c\ntry ( conc]n or a nonm>ket     
economy c\ntry2  7,b7 w notify !        
,secret>y ( any plann$ transactions     
involv+ ! cov]$ entity relat+ to !      
expansion ( exi/+ critical mat]ials     
capabilities by a =eign entity ( conc]n1
 a =eign c\ntry ( conc]n1 or a nonm>ket 
economy c\ntry2  7,c7 w provide records 
& o!r necess>y in=mation at ! reque/ ( !
 ,secret>y to review ! compliance ( !   
cov]$ entity to t]ms ( ! agreem5t2 &    
7,d7 w return ! full am\nt ( su* loan t 
has be5 disburs$ if--  7i7 ! ,secret>y  
det]m9es t su* cov]$ entity violat$ !   
agreem5t2  7ii7 su* cov]$ entity does n 
rem$y su* violation or ! ,secret>y      
det]m9es t su* violation _c be rem$i$2 &
  7iii7 ! ,secret>y det]m9es t ! return 
( su* am\nts is necess>y4  7#b7         
,violation ( agreem5t ,if ! ,secret>y   

det]m9es t a cov]$ entity violat$ !     
agreem5t su* cov]$ entity ent]$ into "u 
p>agraph 7#a7 ) respect to a loan made  
or gu>ante$ "u ?is section or fail$ to  
provide pro( requir$ pursuant to        
p>agraph 7#c77;,a77iii7 ) respect to a  
plann$ transaction 9 accordance ) su*   
p>agraph ! ,secret>y--  7,a7 %all-- 7i7 
9 ! case ( a loan t is made "u ?is      
section1 revoke ! undisburs$ am\nt ( su*
 loan &1 if ! ,secret>y det]m9es        
necess>y "u p>agraph 7#a77;,d77iii71    
recov] ! full am\nt ( su* loan t has be5
 disburs$2 &  7ii7 9 ! case ( a loan    
gu>ante$ "u ?is section1 revoke !       
gu>antee ( su* loan2 &  7,b7 if !       
,secret>y det]m9es t su* plann$         
transaction w\ld h>m ! national1 en]gy1 
& economic security ( ! ,unit$ ,/ates1  
may take o!r corrective action1 includ+ 
recomm5d+ corrective action to ! heads (
 su* o!r ,f$]al dep>tm5ts or ag5cies1 z 
may be appropriate to ! duties ( su*    
dep>tm5ts or ag5cies4  7#c7             
,notification ( plann$ transactions     

7,a7 ,9 g5]al ,n lat] ?an #ij days aft] 
! date ( receipt ( a notification       
describ$ 9 subp>agraph 7,b7 ( p>agraph  
7#a7 f a cov]$ entity pursuant to an    
agreem5t betwe5 su* cov]$ entity & !    
,secret>y ent]$ into "u su* p>agraph1 ! 
,secret>y %all-- 7i7 det]m9e :e!r !     
plann$ transaction describ$ 9 su*       
notification w\ld violate su* agreem5t2 
7ii7 notify ! cov]$ entity ( !          
det]m9ation2 &  7iii7 if ! ,secret>y    
det]m9es t su* plann$ transaction w\ld  
violate su* agreem5t1 require su* cov]$ 
entity to provide to ! ,secret>y pro( t 
su* cov]$ entity w n proce$ ) su* plann$
 transaction n lat] ?an #de days aft] ! 
,secret>y provides ! notification "u    
clause 7ii7 ) respect to su*            
det]m9ation4  7,b7 ,congressional       
notification ,if ! ,secret>y requires a 
cov]$ entity to provide pro( "u         
subp>agraph 7,a77iii7 ) respect to a    
plann$ transaction1 n lat] ?an #ij days 
aft] ! e>li] ( ! date on :i* ! ,secret>y
 receives su* pro( or ! date on :i* !   

,secret>y takes action "u subp>agraph   
7#b7 pursuant to ! failure ( su* cov]$  
entity to provide su* pro(1 ! ,secret>y 
%all submit to ! appropriate committees 
( ,congress-- 7i7 a notification ( !    
plann$ transaction2  7ii7 a brief       
description ( h[ ! ,secret>y det]m9$ t !
 plann$ transaction w\ld be a violation2
 &  7iii7 a summ>y ( any actions or     
plann$ actions 9 response to su* plann$ 
transaction4  7#d7 ,opportunity = a he>+
 ,! ,secret>y may make a det]m9ation    
describ$ 9 p>agraphs 7#a77;,d77i71      
7#a77;,d77ii71 7#b71 or 7#c77;,a7 )     
respect to a cov]$ entity only aft] su* 
cov]$ entity has _h an opportunity = a  
he>+ on ! record ) respect to su*       
det]m9ation4  7j7 ,clawback  7#a7 ,t>get
 dates ,z a condition ( mak+ or         
gu>antee+ loans "u ?is section1 !       
,secret>y %all e/abli% t>get dates by   
:i* ! con/ruction1 expansion1           
mod]nization1 or repurpos+1 z           
applicable1 ( ! facility ) respect to   
:i* su* loan 0 made %all comm5ce &      

complete4  7#b7 ,progressive recov] =   
delays  7,a7 ,9 g5]al ,if ! con/ruction1
 expansion1 mod]nization1 or repurpos+1 
z applicable1 ( ! facility does n       
comm5ce & complete )9 ! t>get dates     
e/abli%$ "u p>agraph 7#a7 or ! revis$   
t>get dates e/abli%$ "u subp>agraph     
7,b77ii71 ! ,secret>y %all progressively
 recov] or disburse up to ! full am\nt (
 ! loan made or gu>ante$ "u ?is section4
  7,b7 ,waiv]  7i7 ,9 g5]al ,! ,secret>y
 may waive subp>agraph 7,a7 ) respect to
 a failure ( a cov]$ entity to comm5ce !
 con/ruction1 expansion1 mod]nization1  
or repurpos+1 z applicable1 ( a facility
 9 accordance ) ! comm5cem5t date = su* 
facility e/abli%$ "u p>agraph 7#a7 if ! 
,secret>y makes a =mal det]m9ation t su*
 cov]$ entity c\ld n =esee or control ! 
circum/ances caus+ su* failure1 includ+ 
a failure due to supply *a9 disruptions1
 o!r ?an su* a failure result+ f !      
failure ( ! cov]$ entity to coop]ate )  
any relevant regulatory ag5cies = p]mit 
approval4  7ii7 ,revis$ t>get dates ,if 

! ,secret>y waives subp>agraph 7,a7 )   
respect to ! failure ( a cov]$ entity to
 comm5ce ! con/ruction1 expansion1      
mod]nization1 or repurpos+1 z           
applicable1 ( a facility 9 accordance ) 
! comm5cem5t date = su* facility        
e/abli%$ "u p>agraph 7#a7-- 7,i7 !      
,secret>y %all e/abli% revis$ t>get     
dates by :i* ! con/ruction1 expansion1  
mod]nization1 or repurpos+1 z           
applicable1 ( ! facility ) respect to   
:i* su* loan 0 made %all comm5ce &      
complete2 &  7,,ii7 ! relevant agreem5t 
"u subsection 7i77#a7 %all be am5d$ to  
reflect su* revis$ t>get dates4  7#c7   
,congressional notification ,! ,secret>y
 %all notify appropriate committees (   
,congress--  7,a7 ( ! t>get dates       
det]m9$ ) respect to ea* loan made or   
gu>ante$ "u ?is section t exce$s        
#ajj1jjj1jjj2 &  7,b7 n lat] ?an #ae    
days aft] ! provision ( a waiv] "u      
p>agraph 7#b77;,b71 ( ! t]ms ( su*      
waiv]4  7k7 ,labor-,managem5t coop]ation
  7#a7 ,9 g5]al ,not)/&+ any o!r        

provision ( law1 includ+ ! ,national    
,labor ,relations ,act 7#bi ,u4,s4,c4   
#aea et seq471 ?is subsection %all apply
 to any recipi5t ( a loan "u ?is section
 :o is an employ] & any labor           
organization :o repres5ts or seeks to   
repres5t any employees or only ^?       
employees :o p]=m or w p]=m "w fund$ by 
a loan provid$ "u ?is section4  7#b7    
,recognition ,any employ] receiv+ a loan
 "u ?is section %all recognize =        
purposes ( collective b>ga9+ a labor    
organization t demon/rates t a majority 
( ! employees 9 a unit appropriate = su*
 purposes & :o p]=m or w p]=m "w fund$  
by a loan provid$ "u ?is section h sign$
 valid au?orizations designat+ ! labor  
organization z _! collective b>ga9+     
repres5tative & t no o!r labor          
organization is c]tifi$ or recogniz$    
pursuant to section #i ( ! ,national    
,labor ,relations ,act 7#bi ,u4,s4,c4   
#aei7 z ! exclusive repres5tative ( any 
( ! employees 9 ! unit :o p]=m or w p]=m
 su* "w4 ,^u su* %[+ ( majority /atus1 !

 employ] %all notify ! labor            
organization & ! ,national ,labor       
,relations ,bo>d t ! employ]--  7,a7 has
 det]m9$ t ! labor organization         
repres5ts a majority ( ! employees 9 su*
 unit :o p]=m or w p]=m su* "w2 &  7,b7 
is recogniz+ ! labor organization z !   
exclusive repres5tative ( ! employees 9 
su* unit :o p]=m or w p]=m su* "w = !   
purposes ( collective b>ga9+ pursuant to
 t section4  7#c7 ,dispute resolution & 
unit c]tification ,if a dispute ov]     
majority /atus or ! appropriat5ess ( !  
unit describ$ 9 p>agraph 7#b7 arises    
betwe5 ! employ] & ! labor organization1
 ei!r p>ty may reque/ t ! ,national     
,labor ,relations ,bo>d inve/igate &    
resolve ! dispute4 ,if ! ,bo>d f9ds t a 
majority ( ! employees 9 a unit         
appropriate = purposes ( collective     
b>ga9+ :o p]=m or w p]=m "w fund$ by a  
loan provid$ "u ?is section h sign$     
valid au?orizations designat+ ! labor   
organization z _! repres5tative = su*   
purposes & t no o!r individual or labor 

organization is c]tifi$ or recogniz$ z !
 exclusive repres5tative ( any ( !      
employees 9 ! unit :o p]=m or w p]=m su*
 "w = su* purposes1 ! ,bo>d %all n      
direct an election b %all c]tify ! labor
 organization z ! repres5tative describ$
 9 section #i7;a7 ( ! ,national ,labor  
,relations ,act 7#bi ,u4,s4,c4          
#aei7;a774  7#d7 ,meet+s & collective   
b>ga9+ agreem5ts ,n lat] ?an #aj days   
aft] an employ] receiv+ fund+ "u ?is    
section receives a writt5 reque/ =      
collective b>ga9+ f a recogniz$ or      
c]tifi$ labor organization repres5t+    
employees :o p]=m or w p]=m "w fund$ by 
a loan provid$ "u ?is section1 or )9 su*
 p]iod z ! p>ties agree ^u1 ! labor     
organization & employ] %all meet &      
comm5ce to b>ga9 collectively & %all    
make e reasonable ef=t to conclude su*  
b>ga9+ & sign a collective b>ga9+       
agreem5t4  7#e7 ,m$iation & conciliation
 ,if1 aft] ! expiration ( ! #ij-;day    
p]iod beg9n+ on ! date on :i* collective
 b>ga9+ "u p>agraph 7#d7 began1 or su*  

additional p]iod z ! p>ties may agree   
^u1 ! p>ties h fail$ to rea* an         
agreem5t1 ei!r p>ty may notify ! ,f$]al 
,m$iation & ,conciliation ,s]vice       
7ref]r$ to 9 ?is subsection z ! ,s]vice7
 ( ! exi/5ce ( a dispute & reque/       
m$iation4 ,:5ev] su* a reque/ is        
receiv$1 x %all be ! duty ( ! ,s]vice   
promptly to put itself 9 communication )
 ! p>ties & to use its be/ ef=ts1 by    
m$iation & conciliation1 to br+ !m to   
agreem5t4  7#f7 ,trip>tite arbitration  
7,a7 ,9 g5]al ,if1 aft] ! expiration ( !
 #cj-;day p]iod beg9n+ on ! date on :i* 
! reque/ = m$iation is made "u p>agraph 
7#e71 or su* additional p]iod z ! p>ties
 may agree ^u1 ! ,s]vice is n able to   
br+ ! p>ties to agreem5t by m$iation &  
conciliation1 ! ,s]vice %all ref] !     
dispute to a trip>tite arbitration panel
 e/abli%$ 9 accordance ) su* regulations
 z may be prescrib$ by ! ,s]vice4  7,b7 
,memb]s ,a trip>tite arbitration panel  
e/abli%$ "u ?is clause ) respect to a   
dispute %all be compos$ ( #a memb]      

select$ by ! labor organization1 #a     
memb] select$ by ! employ]1 & #a neutral
 memb] mutually agre$ to by ! labor     
organization & ! employ]4 ,ea* su* memb]
 %all be select$ n lat] ?an #ad days    
aft] ! expiration ( ! #cj-;day p]iod    
describ$ 9 subp>agraph 7,a7 ) respect to
 su* dispute4 ,any memb] n s select$ by 
! date t is #ad days aft] ! expiration (
 su* p]iod %all be select$ by ! ,s]vice4
  7,c7 ,decisions ,a majority ( a       
trip>tite arbitration panel e/abli%$ "u 
?is clause ) respect to a dispute %all  
r5d] a decision settl+ ! dispute z soon 
z practicable1 & 7abs5t extraord9>y     
circum/ances or by agreem5t or p]mission
 ( ! p>ties7 n lat] ?an #abj days aft] !
 e/abli%m5t ( su* panel4 ,su* a decision
 %all be b9d+ ^u ! p>ties = a p]iod ( #b
 ye>s1 unless am5d$ dur+ su* p]iod by   
writt5 cons5t ( ! p>ties4 ,su* decision 
%all be bas$ on--  7i7 ! f9ancial /atus 
& prospects ( ! employ]2  7ii7 ! size & 
type ( ! op]ations & bus9ess ( !        
employ]2  7iii7 ! co/ ( liv+ ( !        

employees2  7iv7 ! ability ( ! employees
 to su/a9 !mselves1 _! families1 & _!   
dep5d5ts on ! wages & b5efits !y e>n f !
 employ]2 &  7v7 ! wages & b5efits o!r  
employ]s 9 ! same bus9ess provide _!    
employees4  7#g7 ,contractors &         
subcontractors ,any employ] receiv+     
funds "u ?is section to procure goods or
 s]vices %all require a contractor or   
subcontractor1 ^: employees p]=m or w   
p]=m "w fund$ by a loan provid$ "u ?is  
section1 t contracts or subcontracts ) !
 employ] to comply ) ! requirem5ts set  
=? 9 p>agraphs 7#a7 ?r\gh 7#f74  7#h7   
,def9itions ,9 ?is subsection1 ! t]ms   
employee1 employ]1 & labor organization 
h ! mean+s giv5 ! t]ms 9 section #b ( ! 
,national ,labor ,relations ,act 7#bi   
,u4,s4,c4 #aeb74  7#i7 ,limitation (    
funds ,funds appropriat$ to c>ry out ?is
 ,act may n be us$ to assi/1 promote1 or
 det] organiz+ ( labor organizations4   
7l7 ,wage rate requirem5ts  7#a7        
,davis-bacon ,all labor]s & me*anics    
employ$ by ! cov]$ entity receiv+ fund+ 

"u ?is section1 or employ$ by           
contractors or subcontractors relat$ to 
a cov]$ project1 %all be paid wages at  
rates n less ?an ^? prevail+ on simil>  
projects 9 ! locality1 z det]m9$ by !   
,secret>y ( ,labor 9 accordance )       
sub*apt] ,,iv ( *apt] #ca ( title #dj1  
,unit$ ,/ates ,code 7commonly ref]r$ to 
z ! ,davis-,bacon ,act74  7#b7 ,au?ority
 ,! ,secret>y ( ,labor %all h1 ) respect
 to ! labor /&>ds specifi$ 9 ?is        
subsection1 ! au?ority & functions set  
=? 9 ,reorganization ,plan ,numb]$ #ad (
 #aiej 7#e ,u4,s4,c4 ,app42 relat+ to   
coord9ation ( adm9i/ration & consi/5cy (
 en=cem5t ( c]ta9 labor /&>ds = ,f$]al  
employees7 & section #cade ( title #dj1 
,unit$ ,/ates ,code4  7m7 ,ov]sight ,n  
lat] ?an f\r ye>s aft] ! fir/           
disbursem5t ( ! fir/ loan made or       
gu>ante$ "u ?is section1 ! ,inspector   
,g5]al ( ! ,dep>tm5t ( ,comm]ce1 9      
consultation ) ! ,inspector ,g5]al ( !  
,dep>tm5t ( ,/ate1 %all audit ! program 
& submit to ! appropriate committees (  

,congress a report conta9+ ! results (  
su* audit "u ?is subsection to assess-- 
7#a7 :e!r ! national c5t] has be5       
e/abli%$ & op]at$ 9 accordance ) section
 #ajb2 &  7#b7 :e!r ! loan program has  
be5 e/abli%$ & op]at$ 9 accordance ) ?is
 section1 includ+-- 7,a7 :e!r !         
,secret>y is mak+ or gu>antee+ loans "u 
?is section only to cov]$ entities t    
meet ! requirem5ts 9 subsection 7b72    
7,b7 :e!r ! cov]$ entities receiv+ loans
 made or gu>ante$ "u ?is section are us+
 ! am\nts ( su* loans 9 accordance )    
subsection 7h72  7,c7 :e!r ! ,secret>y  
has compli$ ) ! limitations "u          
subsection 7g77#d7 & "u section         
#ajf7;c72 &  7,d7 :e!r ! ,secret>y is   
c>ry+ out ! agreem5ts requir$ "u        
subsection 7i71 includ+ any             
congressional notifications requir$ by  
su* subsection4  #ajd4 ,requir$         
collaboration  7a7 ,requir$             
collaboration ,9 c>ry+ out ! activities 
"u ?is title1 ! ,secret>y ( ,comm]ce1 9 
consultation ) ! ,secret>y ( ,/ate1 %all

 coord9ate ! activities ( ! ,c5t] & !   
program e/abli%$ by section #ajc )      
relevant ,f$]al ag5cies & dep>tm5ts to  
lev]age exi/+ activities across ! ,unit$
 ,/ates ,gov]nm5t to /r5g!n ! critical  
mat]ials supply *a9 ( ! ,unit$ ,/ates1  
includ+ ex*ange ( in=mation reg>d+ !    
,unit$ ,/ates critical mat]ials supply  
*a91 to ! ext5t consi/5t ) ! protection 
( in=mation "u o!r applicable           
au?orities4 ,su* relevant ,f$]al ag5cies
 & dep>tm5ts %all include--  7#a7 !     
,dep>tm5t ( ,agriculture2  7#b7 !       
,dep>tm5t ( ,def5se2  7#c7 ! ,dep>tm5t (
 ,en]gy2  7#d7 ! ,dep>tm5t ( ,heal? &   
,human ,s]vices2  7#e7 ! ,dep>tm5t (    
,homel& ,security2  7#f7 ! ,dep>tm5t ( !
 ,int]ior2  7#g7 ! ,dep>tm5t ( ,labor2  
7#h7 ! ,dep>tm5t ( ! ,treasury2  7#i7 ! 
,export-,import ,bank ( ! ,unit$ ,/ates2
  7#aj7 ! ,unit$ ,/ates ,int]national   
,developm5t ,f9ance ,corporation2  7#aa7
 ! ,:ite ,h\se ,c\ncil ( ,environm5tal  
,quality2  7#ab7 ! ,:ite ,h\se ,(fice ( 
,sci5ce & ,te*nology ,policy2  7#ac7 !  

,:ite ,h\se ,(fice ( ! ,unit$ ,/ates    
,trade ,repres5tative2 &  7#ad7 o!r     
,f$]al ag5cies & dep>tm5ts t ! ,secret>y
 det]m9es necess>y to c>ry out !        
activities 9 ?is title4  7b7 ,ov]sight  
,n lat] ?an #d ye>s aft] ! date ( !     
disbursem5t ( ! fir/ aw>d "u section    
#ajc1 ! ,inspector ,g5]al ( ! ,dep>tm5t 
( ,comm]ce1 9 consultation ) !          
,inspector ,g5]al ( ! ,dep>tm5t ( ,/ate1
 %all submit to ! appropriate committees
 ( ,congress a report conta9+ ! results 
( an audit ( :e!r ! ,secret>y has       
suffici5tly c>ri$ out ! int]ag5cy       
coord9ation activities requir$ by       
subsection 7a7 & consult$ ) ! ,secret>y 
( ,/ate z requir$ "u ?is title to       
support ! developm5t ( secure critical  
mat]ial supply *a9s 9 ! int]e/ ( !      
national1 en]gy1 & economic security ( !
 ,unit$ ,/ates4  #aje4 ,mat]ial supply  
*a9 public-private p>tn]%ip  7a7        
,public-,private p>tn]%ip  7#a7 ,9 g5]al
 ,n lat] ?an #a ye> aft] ! date (       
enactm5t ( ?is section1 ! ,secret>y1    

act+ ?r\gh ! head ( ! ,c5t]1 9          
consultation ) ! ,secret>y ( ,/ate1 &   
?r\gh ! collaboration requir$ "u section
 #ajd1 %all e/abli% a public-private    
p>tn]%ip to--  7,a7 support ! developm5t
 ( a resili5t supply *a92  7,b7 bol/] ! 
national1 en]gy1 & economic security ( !
 ,unit$ ,/ates2 &  7,c7 support !       
developm5t ( supply *a9 *>act]i/ics 9 ! 
int]e/s ( ! ,unit$ ,/ates1 includ+-- 7i7
 transp>5cy & traceability2  7ii7       
environm5tal su/a9ability2  7iii7       
work=ce security & safety2 &  7iv7      
innovation4  7#b7 ,duties ,!            
public-private p>tn]%ip %all--  7,a7    
engage ) /akehold]s f across ! critical 
mat]ial supply *a91 prioritiz+ dome/ic  
/akehold]s1 includ+ ?r\gh-- 7i7 conv5+  
su* /akehold]s = regul> meet+s to in=m !
 activities ( ! public-private p>tn]%ip2
 &  7ii7 accept+ memb]%ip f indu/ry1    
nonpr(it organizations1 trade           
associations1 academia1 labor           
organizations1 & equival5t int]national 
p>tn]s2  7,b7 advise ! ,c5t] on creat+ a

 robu/ und]/&+ ( a critical mat]ial     
supply *a91 includ+ ?r\gh advanc+ !     
und]/&+ (1 ) respect to su* supply *a9--
  7i7 m>ket dynamics includ+ m>ket      
manipulation by =eign c\ntries ( conc]n2
  7ii7 pric+ & availability dynamics2   
7iii7 transp>5cy & traceability2  7iv7  
environm5tal su/a9ability2  7v7         
education & work=ce developm5t2  7vi7   
labor law compliance2 &  7vii7 b>ri]s to
 adopt+ innovative te*nologies1         
mat]ials1 & te*niques2  7,c7 e/abli%    
p>tn]%ips ) int]national p>tn]s1 exclud+
 =eign entities ( conc]n or a =eign     
entity 9 a =eign c\ntry ( conc]n1 to    
advance ! national1 en]gy1 & economic   
security ( ! ,unit$ ,/ates2  7,d7 op]ate
 ! ,inve/m5t ,fund e/abli%$ "u          
subsection 7b72 &  7,e7 n lat] ?an "o   
ye> aft] ! public-private p>tn]%ip is   
e/abli%$1 & annually !reaft]1 publi% at 
lea/ "o report on ! int]net website ( ! 
,dep>tm5t ( ,comm]ce summ>iz+ !         
activities und]tak5 by ! public-private 
p>tn]%ip dur+ ! mo/ rec5t fiscal ye>    

prior to publication ( su* report1 & su*
 report %all include--  7i7 a summ>y ( !
 advice provid$ to ! ,c5t] e/abli%$ 9   
section #ajb7;a72  7ii7 a summ>y ( !    
memb]%ip ( ! public-private p>tn]%ip2   
7iii7 a summ>y ( ! activities c>ri$ out 
by ! ,inve/m5t ,fund e/abli%$ 9         
subsection 7b72 &  7iv7 a summ>y ( any  
int]national collaborations c>ri$ out by
 ! public-private p>tn]%ip4  7#c7 ,fund+
 ,subject to ! availability (           
appropriations1 out ( ! funds au?oriz$  
to be appropriat$ pursuant to section   
#ajf7;a71 ! ,secret>y %all allocate up  
to ! foll[+ am\nts to c>ry out ?is      
subsection3 7,a7 #ae1jjj1jjj = fiscal   
ye> #bjbf4  7,b7 #cj1jjj1jjj = fiscal   
ye> #bjbg4  7,c7 #de1jjj1jjj = fiscal   
ye> #bjbh4  7,d7 #fj1jjj1jjj = fiscal   
ye> #bjbi4  7,e7 #ge1jjj1jjj = ! p]iod (
 fiscal ye> #bjcj & ea* fiscal ye>      
!reaft] prior to ! expiration ( !       
program4  7b7 ,inve/m5t fund  7#a7 ,9   
g5]al ,n lat] ?an "o ye> aft] !         
e/abli%m5t ( ! public-private p>tn]%ip  

"u subsection 7a71 ! public-private     
p>tn]%ip %all e/abli% an inve/m5t fund  
79 ?is section ref]r$ to z ! ,inve/m5t  
,fund7 to support exi/+ ,f$]al & private
 inve/m5ts to acquire1 e/abli%1 or      
enhance facilities relat$ to develop+   
dome/ic & =eign critical mat]ial        
manufactur+ capabilities = ! national1  
en]gy1 & economic security ( ! ,unit$   
,/ates4  7#b7 ,duties ,! ,inve/m5t ,fund
 %all--  7,a7 accept & solicit funds f  
entities describ$ 9 subsection          
7a77#b77;,a77ii7 to inve/ & support     
facilities to exp& dome/ic & =eign      
capabilities to manufacture critical    
mat]ials = ! national1 en]gy1 & economic
 security ( ! ,unit$ ,/ates1 9          
accordance ) ! eligibility requirem5ts  
describ$ 9 section #ajc7;b72  7,b7 buy &
 sell critical mat]ials f ! global      
m>ketplace1 prioritiz+ dome/ic produc]s1
 to support ! transition to resili5t    
supply *a9s ) /able m>ket prices & /ore 
su* pur*as$ critical mat]ials )9 !      
,unit$ ,/ates2  7,c7 inve/ 9 innovative 

p>tn]%ips ) critical mat]ial supply *a9 
/akehold]s ) a prioritization =         
/>ts-ups1 small & m$ium-siz$ ent]prises1
 & o!r entities support+ innovative     
te*nologies1 mat]ials1 or te*niques2    
7,d7 provide innovative f9ancial tools &
 o!r risk mitigation me*anisms1 su* z   
insurance products1 t foll[ exi/+       
procurem5t policies z implem5t$ pursuant
 to section #b7;a77#a7 ( !              
,export-,import ,bank ,act ( #aide 7#ab 
,u4,s4,c4 #fbe7;a77#a771 directly or 9  
p>tn]%ip ) entities curr5tly provid+ su*
 tools & me*anisms1 to /abilize m>ket   
prices & support dome/ic capabilities2  
7,e7 support demon/ration1 deploym5t1 & 
adoption activities relat$ to innovative
 te*nologies1 mat]ials1 includ+ qualifi$
 sub/itutes1 or te*niques to promote    
su/a9ability & increas$ resili5cy1 )    
suffici5t rese>* collaboration safegu>ds
 to protect dome/ic propriet>y          
in=mation2  7,f7 inve/ acquir$ pr(it f  
activities 9 subp>agraphs 7,a7 & 7,b7 to
 fur!r ! mission ( ! ,inve/m5t ,fund2 & 

7,g7 consult regul>ly ) ,f$]al ag5cies &
 dep>tm5ts id5tifi$ 9 section #ajd1     
includ+ ! ,export-,import ,bank ( !     
,unit$ ,/ates & ! ,unit$ ,/ates         
,int]national ,developm5t ,f9ance       
,corporation1 to ensure alignm5t ) exi/+
 ,f$]al ef=ts design$ to promote1 fund1 
res\rce critical mat]ial manufactur+    
dome/ically or 9 a =eign c\ntry (       
int]e/4  7#c7 ,loan program eligibility 
7,a7 ,9 g5]al ,! ,inve/m5t ,fund %all-- 
7i7 be eligible to receive a loan "u !  
loan program e/abli%$ 9 section #ajc7;a7
 aft] submission ( ! application "u     
subp>agraph 7,b7 ( ?is p>agraph2 &  7ii7
 n be eligible to apply = or receive a  
loan gu>antee "u ! loan program 9       
section #ajc7;a74  7,b7 ,application ,to
 receive a ,f$]al loan "u ! loan program
 e/abli%$ 9 section #ajc7;a71 !         
,inve/m5t ,fund %all submit to !        
,secret>y an application t includes--   
7i7 a li/ ( projects1 9 accordance ) !  
eligibility requirem5ts describ$ 9      
section #ajc7;b77#b71 t ! fund w support

 ?r\gh ! receipt ( a ,f$]al loan "u su* 
program2 &  7ii7 any o!r in=mation !    
,secret>y det]m9es appropriate to       
evaluate ! eligibility ( ! projects     
submitt$ "u clause 7i7 = su* loan       
program4  7,c7 ,aw>d am\nt ,ea* aw>d    
made to ! ,inve/m5t ,fund "u ! loan     
program e/abli%$ 9 section #ajc7;a7     
%all--  7i7 be 9 an am\nt ! ,secret>y   
det]m9es appropriate2 &  7ii7 n exce$   
#be p]c5t ( ! available loan au?ority ( 
su* loan program = a giv5 fiscal ye>4   
7,d7 ,eligible =giv5ess ,subject to !   
agreem5t requirem5ts "u subp>agraph 7,g7
 & to ! ext5t ! ,inve/m5t ,fund ma9ta9s 
good /&+1 z det]m9$ by ! ,secret>y1 su* 
,secret>y may =give all or "p ( a loan  
aw>d$ to ! ,inve/m5t ,fund "u ?is       
p>agraph 9 an eligible fiscal ye>1 9    
accordance ) ! au?orities ( ! ag5cy4    
7,e7 ,tax treatm5t ,= purposes ( !      
,int]nal ,rev5ue ,code ( #aihf--  7i7 no
 am\nt %all be includ$ 9 ! gross income 
( ! ,inve/m5t ,fund by reason ( =giv5ess
 ( indebt$ness describ$ 9 subp>agraph   

7,d72  7ii7 no d$uction %all be d5i$1 no
 tax attribute %all be r$uc$1 & no basis
 increase %all be d5i$1 by reason ( !   
exclusion f gross income provid$ by     
clause 7i72 &  7iii7 9 ! case t !       
,inve/m5t ,fund is a p>tn]%ip or ,s     
corporation-- 7,i7 any am\nt exclud$ f  
income by reason ( clause 7i7 %all be   
treat$ z tax exempt income = purposes ( 
sections #gje & #acff ( ! ,int]nal      
,rev5ue ,code ( #aihf2 &  7,,ii7 except 
z provid$ by ! ,secret>y ( ! ,treasury1 
or a delegate ( su* ,secret>y1 any      
increase 9 ! adju/$ basis ( an int]e/ ( 
a p>tn] 9 a p>tn]%ip "u section #gje ( !
 ,int]nal ,rev5ue ,code ( #aihf1 )      
respect to any am\nt describ$ 9         
subclause 7,i71 %all equal ! di/ributive
 %>e ( d$uctions ( su* p>tn] result+ f  
co/s giv+ rise to =giv5ess describ$ 9   
subclause 7,i74  7,f7 ,effective date = 
tax treatm5t ,! provisions made by      
subp>agraph 7,e7 %all apply to taxable  
ye>s beg9n+ aft] ,decemb] #ca1 #bjbe4   
7,g7 ,requir$ agreem5t ,pursuant to     

section #ajc7;i7-- 7i7 ! ,secret>y %all 
ent] into ! requir$ agreem5t ) !        
,inve/m5t ,fund2 &  7ii7 ! ,inve/m5t    
,fund %all take on full responsibility =
 ! requir$ agreem5t & ! actions ( !     
projects t use funds aw>d$ by ! loan    
program e/abli%$ 9 section #ajc7;a7 to !
 ,inve/m5t ,fund4  7,h7 ,disclosure ,n  
lat] ?an "o ye> aft] date on :i* !      
,inve/m5t ,fund is e/abli%$ "u p>agraph 
7#a71 & annually !reaft]1 ! ,inve/m5t   
,fund %all provide an annual report to !
 ,secret>y :i* %all--  7i7 include all  
actions tak5 by ! ,inve/m5t ,fund ^u    
receipt ( ea* aw>d2  7ii7 include any   
additional in=mation ! ,secret>y        
det]m9es appropriate to ensure robu/    
ov]sight ( ! use ( ea* loan aw>d$ to !  
,inve/m5t ,fund2 &  7iii7 be publi%$ on 
! int]net website ( ! ,dep>tm5t (       
,comm]ce4  7,i7 ,clawback ,pursuant to  
section #ajc7;j71 ! ,secret>y %all h !  
au?ority to recov]1 or disp5se (1 up to 
! full am\nt ( ea* loan aw>d$ by ! loan 
program e/abli%$ 9 section #ajc7;a7 = a 

giv5 fiscal ye> if--  7i7 ! ,inve/m5t   
,fund fails to comply ) ! requir$       
agreem5t 9 subp>agraph 7,g72 or  7ii7 ! 
,secret>y is notifi$ ( ! inability ( !  
,inve/m5t ,fund to use su* an aw>d 9    
accordance ) section #ajc7;h74  7,j7    
,failure to comply ,if ! ,secret>y is n 
satisfi$ ) ! actions tak5 by ! ,inve/m5t
 ,fund1 includ+ failure by ! ,inve/m5t  
,fund to comply ) ! eligibility         
requirem5ts = ! loan program e/abli%$ "u
 section #ajc7;a7 or ! improp] use (    
funds aw>d$ by su* loan program to !    
,inve/m5t ,fund1 ! ,inve/m5t ,fund      
%all-- 7i7 be ineligible = future aw>ds 
by su* loan program2 &  7ii7 rema9      
ineligible until-- 7,i7 ! ,inve/m5t     
,fund pres5ts an executable plan t !    
,secret>y det]m9es appropriate to       
satisfy ! requirem5ts ( section #ajc7;b7
 or section #ajc7;h72  7,,ii7 !         
,secret>y %all submit to ,congress a    
report outl9+ ! corrective actions !    
,inve/m5t ,fund has tak5 to be eligible 
to apply = su* loan program aga92 &     

7,,iii7 ! ,secret>y det]m9es t !        
,inve/m5t ,fund is eligible to apply =  
su* loan program aga94  7,k7            
,labor-managem5t coop]ation ,not)/&+ any
 o!r provision ( law1 includ+ !         
,national ,labor ,relations ,act 7#bi   
,u4,s4,c4 #aea et seq471 any recipi5t ( 
a loan "u ?is section :o is an employ]1 
& any labor organization :o repres5ts or
 seeks to repres5t any employees or only
 ^? employees :o p]=m or w p]=m "w fund$
 by a loan provid$ "u ?is section1 %all 
be subject to ! provisions ( section    
#ajc7k7 ( ?is title4  7,l7 ,wage rate   
requirem5ts  7i7 ,davis-bacon ,all      
labor]s & me*anics employ$ by ! cov]$   
entity receiv+ fund+ "u ?is section or  
employ$ by contractors or subcontractors
 relat$ to a cov]$ project1 %all be paid
 wages at rates n less ?an ^? prevail+  
on simil> projects 9 ! locality1 z      
det]m9$ by ! ,secret>y ( ,labor 9       
accordance ) sub*apt] ,,iv ( *apt] #ca (
 title #dj1 ,unit$ ,/ates ,code         
7commonly ref]r$ to z ! ,davis-,bacon   

,act74  7ii7 ,au?ority ,! ,secret>y (   
,labor %all h1 ) respect to ! labor     
/&>ds specifi$ 9 ?is subp>agraph1 !     
au?ority & functions set =? 9           
,reorganization ,plan ,numb]$ #ad (     
#aiej 7#e ,u4,s4,c4 ,app42 relat+ to    
coord9ation ( adm9i/ration & consi/5cy (
 en=cem5t ( c]ta9 labor /&>ds = ,f$]al  
employees7 & section #cade ( title #dj1 
,unit$ ,/ates ,code4  7#d7 ,ov]sight ,n 
lat] ?an #b ye>s aft] ! fir/ loan is    
aw>d$ to ! ,inve/m5t ,fund "u ! loan    
program e/abli%$ 9 section #ajc7;a71 !  
,inspector ,g5]al ( ! ,dep>tm5t (       
,comm]ce %all audit ! ,inve/m5t ,fund & 
submit to ,congress a report--  7,a7 t  
assesses :e!r ! ,inve/m5t ,fund has     
compli$ ) ! requirem5ts ( ?is title1    
includ+-- 7i7 ! requirem5ts "u section  
#ajc7;b7 = ma9ta9+ eligibility = ! jo9t 
loan program2  7ii7 ! requirem5ts "u    
section #ajc7;h7 reg>d+ ! prop] use (   
aw>d$ or gu>ante$ funds2  7iii7 !       
exclusion ( =eign entities ( conc]n or  
=eign c\ntries ( conc]n2 &  7iv7 any    

additional requirem5ts t ! ,inve/m5t    
,fund mu/ meet z det]m9$ appropriate by 
! ,secret>y2 &  7,b7 t proposes a c\rse 
( action = ! ,secret>y to--  7i7 rem$y  
ea* violation by ! ,inve/m5t ,fund f\nd1
 if any2 &  7ii7 monitor ! progress ( ! 
,inve/m5t ,fund t[>ds rem$y+ ea*        
violation f\nd by ! ,secret>y4  7c7     
,exclusion ( c]ta9 funds ,! ,inve/m5t   
,fund "u subsection 7b7 may n accept    
funds f1 all[ memb]%ip to1 create rese>*
 collaborations )1 or p>tn] ) a =eign   
entity ( conc]n or a =eign entity )9 a  
=eign c\ntry ( conc]n or a nonm>ket     
economy c\ntry4  #ajf4 ,au?orization (  
appropriations  7a7 ,au?orization (     
appropriations ,!re is au?oriz$ to be   
appropriat$ to ! ,dep>tm5t ( ,comm]ce = 
! national c5t] e/abli%$ 9 section #ajb 
! foll[+ am\nts = ! applicable fiscal   
ye>3  7#a7 #cj1jjj1jjj = fiscal ye>     
#bjbf4  7#b7 #de1jjj1jjj = fiscal ye>   
#bjbg4  7#c7 #gj1jjj1jjj = fiscal ye>   
#bjbh4  7#d7 #he1jjj1jjj = fiscal ye>   
#bjbi4  7#e7 #ajj1jjj1jjj = ea* ( fiscal

 ye>s #bjcj & any fiscal ye> !reaft]    
be=e ! date describ$ 9 section #ajg4    
7b7 ,au?orization ( loan au?ority ,!re  
is au?oriz$ to be appropriat$ to !      
,dep>tm5t ( ,comm]ce = ! loan & loan    
gu>antee program e/abli%$ 9 section #ajc
 ! foll[+ am\nts = ! applicable fiscal  
ye>3  7#a7 #a1jjj1jjj1jjj = fiscal ye>  
#bjbf4  7#b7 #b1ejj1jjj1jjj = fiscal ye>
 #bjbg4  7#c7 #e1jjj1jjj1jjj = fiscal   
ye> #bjbh4  7#d7 #g1ejj1jjj1jjj = fiscal
 ye> #bjbi4  7#e7 #aj1jjj1jjj1jjj =     
fiscal ye> #bjcj & any fiscal ye>       
!reaft] be=e ! date describ$ 9 section  
#ajg4  7c7 ,limitation & m9imum ?re%olds
 = loan au?ority ,( ! am\nts appropriat$
 pursuant to ! au?orization "u          
subsection 7b7 = any fiscal ye>1 o!r ?an
 am\nts provid$ to ! ,inve/m5t ,fund    
e/abli%$ "u section #aje7;b77#a71 !     
,secret>y %all ensure to ! greate/ ext5t
 practicable t--  7#a7 a maximum ( #cj  
p]c5t ( ! available am\nts are provid$ )
 respect to inve/m5ts into facilities 9 
=eign c\ntries ( int]e/ t-- 7,a7 relate 

to ! extraction ( critical mat]ials     
significantly unavailable = dome/ic     
extraction2 &  7,b7 prioritize second>y 
impacts to ! ,unit$ ,/ates1 includ+     
?r\gh pur*ase agreem5ts ) dome/ic       
manufactur]s2  7#b7 a maximum ( #bj     
p]c5t ( ! available am\nts are provid$ )
 respect to inve/m5t into facilities )9 
! ,unit$ ,/ates relat+ to ! extraction (
 dome/ically available critical mat]ials
 9 ! ,unit$ ,/ates2  7#c7 a m9imum ( #e 
p]c5t ( ! available am\nts are provid$ )
 respect to inve/m5t into facilities    
relat$ to ! manufactur+ ( necess>y      
equipm5t = ! manufactur+ ( critical     
mat]ials2 &  7#d7 a m9imum ( #aj p]c5t (
 ! available am\nts are provid$ )       
respect to facilities locat$ )9 ! ,unit$
 ,/ates relat$ to--  7,a7 ! reclamation 
( critical mat]ials f sp5t & damag$     
end-use compon5ts ?r\gh recycl+         
processes2 or  7,b7 ! demon/ration1     
deploym5t1 or comm]cialization (        
innovative te*nologies su* z qualifi$   
sub/itutes4  #ajg4 ,t]m9ation ,?is title

 %all t]m9ate on ! date t is #aj ye>s   
aft] ! date ( ! enactm5t ( ?is ,act4    
#ajh4 ,def9itions ,9 ?is title3  7#a7   
,appropriate committees ( ,congress ,!  
t]m appropriate committees ( ,congress  
means-- 7,a7 ! ,committee on ,en]gy &   
,natural ,res\rces1 ! ,committee on     
,comm]ce1 ,sci5ce1 & ,transportation1 ! 
,committee on ,=eign ,relations1 !      
,committee on ,arm$ ,s]vices1 & !       
,committee on ,appropriations ( !       
,s5ate2 &  7,b7 ! ,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        
,natural ,res\rces1 & ! ,committee on   
,ways & ,means ( ! ,h\se (              
,repres5tatives4  7#b7 ,byproduct ,! t]m
 byproduct has ! mean+ giv5 su* t]m 9   
section #gjjb7;a77#a7 ( ! ,en]gy ,act ( 
#bjbj 7#cj ,u4,s4,c4 #afjf7;a77#a774    
7#c7 ,conv]sion ,! t]m conv]sion means !
 process to alt] a ref9$ or purifi$     

critical mat]ial to a second>y comp\nd t
 is subject to supply *a9 disruptions   
relevant to ! national1 en]gy1 &        
economic security ( ! ,unit$ ,/ates1    
includ+ ! manufactur+ ( magnets1 alloys1
 or multicomp\nd *emi/ries1 includ+ su* 
*emi/ries at solid1 liquid1 or gase\s   
/ates4  7#d7 ,cov]$ entity ,! t]m cov]$ 
entity means a nonpr(it entity1 a       
private entity1 a consortium ( private  
entities1 or a consortium ( nonpr(it1   
public1 & private entities--  7,a7 ) a  
demon/rat$ ability to-- 7i7 sub/antially
 f9ance1 con/ruct1 exp&1 or mod]nize a  
facility relat+ to ! extraction1        
process+ or ref9+1 conv]sion1 recycl+1  
or rese>* & developm5t ( critical       
mat]ials2 or  7ii7 sub/antially f9ance &
 repurpose an exi/+ facility1 includ+   
=m] manufactur+ sites1 to con/ruct1     
exp&1 or mod]nize ! facility =          
extraction1 process+ or ref9+1          
conv]sion1 recycl+1 or rese>* &         
developm5t ( critical mat]ials2 &  7,b7 
t is det]m9$ by ! ,secret>y ( ,comm]ce1 

9 consultation ) ! ,secret>y ( ,def5se1 
! ,secret>y ( ,en]gy1 ! ,secret>y ( !   
,int]ior1 ! ,secret>y ( ,/ate1 & !      
,director ( ,national ,intellig5ce--    
7i7 to be own$ or op]at$ by1 or a       
subsidi>y (1 an entity locat$ 9 ! ,unit$
 ,/ates or a =eign entity t has an      
ext5sive pres5ce 9 ! ,unit$ ,/ates2 &   
7ii7 n to be own$ or op]at$ by1 or a    
subsidi>y (--  7,i7 any =eign entity (  
conc]n or an entity locat$ 9 a =eign    
c\ntry ( conc]n2 or  7,,ii7 any entity  
engag$ 9 conduct t is detrim5tal to !   
national security or =eign policy ( !   
,unit$ ,/ates1 includ+ entities t d n   
uphold int]national law relat+ to human 
rights or environm5tal protections4     
7#e7 ,cov]$ trade action ,! t]m cov]$   
trade action means any ongo+            
inve/igation or f9al ord] pursuant to ! 
,trade ,act ( #aigd 7#ai ,u4,s4,c4 #baja
 et seq471 section #gja ( ! ,t>iff ,act 
( #aicj 7#ai ,u4,s4,c4 #afga71 section  
#gca ( ! ,t>iff ,act ( #aicj 7#ai       
,u4,s4,c4 #afgc71 or any o!r relevant   

trade law z det]m9$ by ! ,secret>y4     
7#f7 ,critical mat]ial ,! t]m critical  
mat]ial has ! mean+ giv5 su* t]m 9      
section #gjjb7;a77#b7 ( ! ,en]gy ,act ( 
#bjbj 7#cj ,u4,s4,c4 #afjf7;a77#b774    
7#g7 ,critical mat]ial manufactur+ ,!   
t]m critical mat]ial manufactur+ means  
any manufactur+ process relat$ to any ( 
! foll[+3 7,a7 ,extraction ( a critical 
mat]ial f ! natural ecosy/em1 includ+ z 
a byproduct4  7,b7 ,ref9+ or process+ a 
critical mat]ial4  7,c7 ,! conv]sion ( a
 critical mat]ial into a second>y       
comp\nd4  7,d7 ,! recycl+ ( a critical  
mat]ial f us$ manufactur+ compon5ts1    
includ+ te*nology compon5ts4  7,e7 ,any 
o!r relevant manufactur+ process t      
produces a qualifi$ sub/itute = use 9 ! 
critical mat]ial supply *a94  7#h7      
,=eign c\ntry ( conc]n ,! t]m =eign     
c\ntry ( conc]n has ! mean+ giv5 su* t]m
 9 section #iija ( ! ,william ,m4 7,mac7
 ,?ornb]ry ,national ,def5se            
,au?orization ,act = ,fiscal ,ye> #bjba 
7#ae ,u4,s4,c4 #dfea74  7#i7 ,=eign     

c\ntry ( int]e/ ,! t]m =eign c\ntry (   
int]e/ means a =eign c\ntry or a        
political subdivision ( a =eign c\ntry t
 is n a =eign c\ntry ( conc]n & )       
respect to :i* ! ,secret>y ( ,comm]ce1 9
 collaboration ) ! ,secret>y ( ,/ate & !
 ,unit$ ,/ates ,trade ,repres5tative1   
det]m9es t--  7,a7 ! environm5tal       
protections ( su* c\ntry ) respect to ! 
production ( critical mat]ials meet or  
exce$ simil> protections 9 ! ,unit$     
,/ates2 &  7,b7 no products ( ! c\ntry  
are prohibit$ = importation into !      
,unit$ ,/ates pursuant to section #cjg (
 ! ,t>iff ,act ( #aicj 7#ai ,u4,s4,c4   
#acjg74  7#aj7 ,=eign entity ,! t]m     
=eign entity has ! mean+ giv5 su* t]m 9 
section #iija ( ! ,william ,m4 7,mac7   
,?ornb]ry ,national ,def5se             
,au?orization ,act = ,fiscal ,ye> #bjba 
7#ae ,u4,s4,c4 #dfea74  7#aa7 ,=eign    
entity ( conc]n ,! t]m =eign entity (   
conc]n has ! mean+ giv5 su* t]m 9       
section #iija ( ! ,william ,m4 7,mac7   
,?ornb]ry ,national ,def5se             

,au?orization ,act = ,fiscal ,ye> #bjba 
7#ae ,u4,s4,c4 #dfea74  7#ab7 ,indu/rial
 dec>bonization practice ,! t]m         
indu/rial dec>bonization practice       
means-- 7,a7 any te*nology1 practice1 or
 te*nique t l[]s ! environm5tal impact  
or en]gy requirem5ts ( an indu/rial     
process2  7,b7 any agreem5t ) a local or
 regionally relevant electrical utility 
to acquire ! majority ( ! requir$ p[] = 
a facility f r5ewable s\rces2 or  7,c7  
o!r te*nologies1 practices1 or te*niques
 to promote su/a9ability & r$uce &      
mitigate any environm5tal degradation t 
! ,secret>y ( ,comm]ce1 9 consultation )
 ! ,secret>y ( ,en]gy1 deems eligible4  
7#ac7 ,nonm>ket c\ntry economy ,! t]m   
nonm>ket c\ntry economy has ! meet+ giv5
 su* t]m 9 section #gga7ah7 ( ! ,t>iff  
,act ( #aicj 7#ai ,u4,s4,c4 #afgg7ah774 
7#ad7 ,nonpr(it entity ,! t]m nonpr(it  
entity means an entity describ$ 9       
section #eja7;c77#c7 ( ! ,int]nal       
,rev5ue ,code ( #aihf & exempt f        
taxation "u section #eja7;a7 ( su*      

,code4  7#ae7 ,p]son ,! t]m p]son       
includes an individual1 p>tn]%ip1       
association1 corporation1 organization1 
or any o!r comb9ation ( individuals4    
7#af7 ,qualifi$ sub/itute ,! t]m        
qualifi$ sub/itute means any v]ifiable  
alt]native to a critical mat]ial able to
 c>ry out an ess5tial function 7z su*   
t]m is us$ 9 section #gjjb7;a77#b77;ii7 
( ! ,en]gy ,act ( #bjbj 7#cj ,u4,s4,c4  
#afjf7;a77#b77;ii777 ( a critical       
mat]ial4  7#ag7 ,recycl+ ,! t]m recycl+ 
means ! process ( collect+ & process+   
sp5t mat]ials & devices & turn+ !       
mat]ials & devices into raw mat]ials or 
compon5ts t c be reus$ ei!r p>tially or 
completely4  7#ah7 ,ref9$ or purifi$    
critical mat]ial ,! t]m ref9$ or purifi$
 critical mat]ial means a critical      
mat]ial t has und]gone any relevant     
manufactur+ process to remove impurities
 & to meet indu/ry /&>ds ( purity or    
conc5tration = d[n/ream use cases       
po/-extraction or recycl+4  7#ai7       
,secret>y ,unless o!rwise specifi$1 !   

t]m ,secret>y means ! ,secret>y (       
,comm]ce1 act+ ?r\gh ! ,c5t] e/abli%$ 9 
section #ajb4  ,,ii ,critical ,mat]ial  
,tax ,cr$its  #bja4 ,critical mat]ial   
inve/m5t tax cr$it  7a7 ,9 g5]al ,subp>t
 ,e ( "p ,,iv ( sub*apt] ,a ( *apt] #a (
 ! ,int]nal ,rev5ue ,code ( #aihf is    
am5d$ by ins]t+ aft] section #dh;,e !   
foll[+ new section3  #dh;,f4 ,critical  
mat]ial inve/m5t cr$it  7a7 ,e/abli%m5t 
( cr$it  7#a7 ,9 g5]al ,= purposes (    
section #df1 ! critical mat]ial inve/m5t
 cr$it = any taxable ye> is an am\nt    
equal to ! applicable p]c5tage ( !      
qualifi$ inve/m5t = su* taxable ye> )   
respect to any critical mat]ial facility
 ( an eligible taxpay]4  7#b7           
,applicable p]c5tage  7,a7 ,base rate ,9
 ! case ( any critical mat]ial facility1
 ! applicable p]c5tage %all be #ae      
p]c5t4  7,b7 ,alt]native rate ,9 ! case 
( any critical mat]ial facility t meets 
ei!r ( ! foll[+ crit]ia1 ! applicable   
p]c5tage %all be #be p]c5t3 7i7 ,!      
critical mat]ial facility fulfills rules

 simil> to ! rules ( section            
#de7;b77#g74  7ii7 ,! prim>y purpose ( !
 critical mat]ial facility is to        
produce-- 7,i7 a critical mat]ial t !   
,secret>y1 9 consultation ) ! heads (   
o!r relevant ,f$]al ag5cies & dep>tm5ts1
 det]m9es has a supply :i* is           
significantly vuln]able to disruption   
7includ+ re/rictions associat$ ) =eign  
political risk1 abrupt dem& gr[?1       
milit>y conflict1 viol5t unre/1         
anti-competitive or protectioni/        
behaviors1 & o!r risks ?r\gh\t ! supply 
*a971  7,,ii7 a qualifi$ sub/itute1 or  
7,,iii7 a recycl$ critical mat]ial4     
7#c7 ,def9itions ,= ! purpose ( ?is     
section-- 7,a7 ,critical mat]ial ,! t]m 
critical mat]ial has ! mean+ giv5 su*   
t]m 9 section #gjjb7;a77#b7 ( ! ,en]gy  
,act ( #bjbj4  7,b7 ,critical mat]ial   
facility ,! t]m critical mat]ial        
facility means a facility ) respect to  
:i* ! taxpay] makes an irrevocable      
election to h ?is subp>agraph apply =   
:i* ! prim>y purpose is-- 7i7           

extraction1 process+1 ref9+1 or recycl+ 
(--  7,i7 a critical mat]ial1 or  7,,ii7
 a qualifi$ sub/itute1  7ii7 conv]t+ a  
critical mat]ial into a magnet1 an      
alloy1 or a multicomp\nd *emi/ry 79 a   
solid1 liquid1 or gase\s /ate7 t !      
,secret>y1 9 consultation ) ! ,secret>y 
( ,en]gy & ! ,secret>y ( ! ,int]ior1    
det]m9es-- 7,i7 has a supply *a9 :i* is 
vuln]able to disruption 7includ+        
re/rictions associat$ ) =eign political 
risk1 abrupt dem& gr[?1 milit>y         
conflict1 viol5t unre/1 anti-competitive
 or protectioni/ behaviors1 & o!r risks 
?r\gh\t ! supply *a972 &  7,,ii7 s]ves  
an ess5tial function 9 ! manufactur+ ( a
 product 7includ+ en]gy te*nology-1     
def5se-1 curr5cy-1 agriculture-1 consum]
 electronics-1 & heal? c>e-relat$       
applications71 ! abs5ce ( :i* w\ld h    
significant consequ5ces = ! economic or 
national security ( ! ,unit$ ,/ates1    
7iii7 specializ$ manufactur+ equipm5t   
us$ prim>ily to c>ry out a process      
describ$ 9 clause 7i7 or 7ii71 or  7iv7 

specializ$ equipm5t = rese>* &          
developm5t relat+ to a purpose describ$ 
9 clause 7i71 7ii71 or 7iii74  7,c7     
,qualifi$ sub/itute ,! t]m qualifi$     
sub/itute means any mat]ial t !         
,secret>y1 9 consultation ) ! ,secret>y 
( ,en]gy & ! ,secret>y ( ! ,int]ior1    
det]m9es is a v]ifiable alt]native to a 
critical mat]ial t c c>ry out an        
ess5tial function ( su* critical mat]ial
 9 a te*nology compon5t4  7,d7          
,te*nology compon5t ,! t]m te*nology    
compon5t means-- 7i7 any manufactur$    
compon5t us$ to manufacture any item :i*
 is ess5tial to national security1 to   
en]gy indep5d5ce1 or to ! economic      
competitiv5ess ( ! ,unit$ ,/ates1 or    
7ii7 an eligible compon5t 7z def9$ 9    
section #de,x74  7,e7 ,eligible taxpay] 
,! t]m eligible taxpay] means1 ) respect
 to a taxable ye>1 any taxpay] :i* is   
n--  7i7 at any po9t dur+ ! taxable ye>1
 an entity "u ! influ5ce1 control1 or   
own]%ip (-- 7,i7 a =eign entity ( conc]n
 7z def9$ 9 section #iija ( ! ,william  

,m4 7,mac7 ,?ornb]ry ,national ,def5se  
,au?orization ,act = ,fiscal ,ye>       
#bjba71 or  7,,ii7 a firm domicil$ 9 a  
non-m>ket economy 7z def9$ 9 section    
#gga7ah7 ( ! ,t>iff ,act ( #aicj71 or   
7ii7 subject to a cov]$ trade action 7z 
def9$ 9 section #ajh ( ! ,une>?         
,am]ica's ,future ,act7 at any po9t dur+
 ! taxable ye>4  7b7 ,qualifi$ inve/m5t 
7#a7 ,9 g5]al ,= purposes ( subsection  
7a71 ! qualifi$ inve/m5t ) respect to   
any critical mat]ial facility = any     
taxable ye> is ! basis ( any qualifi$   
prop]ty plac$ 9 s]vice by ! taxpay] dur+
 su* taxable ye> :i* is "p ( su*        
critical mat]ial facility4  7#b7        
,qualifi$ prop]ty  7,a7 ,9 g5]al ,=     
purposes ( ?is subsection1 ! t]m        
qualifi$ prop]ty means prop]ty--  7i7   
:i* is tangible prop]ty1  7ii7 ) respect
 to :i* depreciation 7or amortization 9 
lieu ( depreciation7 is all[able1  7iii7
 :i* is-- 7,i7 con/ruct$1 recon/ruct$1  
or erect$ by ! taxpay]1 or  7,,ii7      
acquir$ by ! taxpay] if ! orig9al use ( 

su* prop]ty comm5ces ) ! taxpay]1 &     
7iv7 :i* is integral to ! op]ation ( a  
critical mat]ial facility4  7,b7 ,build+
 & /ructural compon5ts  7i7 ,9 g5]al ,! 
t]m qualifi$ prop]ty includes any build+
 or its /ructural compon5ts :i* o!rwise 
satisfy ! requirem5ts ( subp>agraph     
7,a74  7ii7 ,exception ,clause 7i7 %all 
n apply ) respect to a build+ or portion
 ( a build+ us$ = (fices1 adm9i/rative  
s]vices1 or o!r functions unrelat$ to   
manufactur+4  7#c7 ,coord9ation )       
rehabilitation cr$it ,! qualifi$        
inve/m5t ) respect to any critical      
mat]ial facility %all n include t       
portion ( ! basis ( any prop]ty :i* is  
attributable to qualifi$ rehabilitation 
exp5ditures 7z def9$ 9 section          
#dg7;c77#b774  7#d7 ,c]ta9 progress     
exp5diture rules made applicable ,rules 
simil> to ! rules ( subsections 7c77#d7 
& 7d7 ( section #df 7z 9 effect on ! day
 be=e ! date ( ! enactm5t ( ! ,rev5ue   
,reconciliation ,act ( #aiij7 %all apply
 = purposes ( subsection 7a74  7c7      

,elective paym5t  7#a7 ,9 g5]al ,except 
z o!rwise provid$ 9 p>agraph 7#b77;,a71 
9 ! case ( a taxpay] mak+ an election   
7at su* "t & 9 su* mann] z ! ,secret>y  
may provide7 "u ?is subsection ) respect
 to ! cr$it det]m9$ "u subsection 7a71  
su* taxpay] %all be treat$ z mak+ a     
paym5t aga9/ ! tax impos$ by subtitle ,a
 7= ! taxable ye> ) respect to :i* su*  
cr$it 0 det]m9$7 equal to ! am\nt ( su* 
cr$it4  7#b7 ,special rules ,rules      
simil> to ! rules ( section             
#dh;,d7d77#b7 %all apply ) respect to an
 election "u p>agraph 7#a74  7d7 ,d5ial 
( d\ble b5efit ,no cr$it %all be all[$  
"u section #de,x or "u section #de;,,bb 
= any taxable ye> ) respect to any      
critical mat]ial facility ) respect to a
 cr$it is all[$ "u ?is section4  7e7    
,t]m9ation ( cr$it ,! cr$it all[$ "u ?is
 section %all n apply to prop]ty !      
con/ruction ( :i* beg9s aft] ,decemb]   
#ca1 #bjbi4  4  7b7 ,con=m+ am5dm5ts    
7#a7 ,section #df ( su* ,code is am5d$  
by /rik+ & at ! end ( p>agraph 7#f71 by 

/rik+ ! p]iod at ! end ( p>agraph 7#g7 &
 ins]t+ 1 &1 & by add+ at ! end ! foll[+
 new p>agraph3  7#h7 ,! critical mat]ial
 inve/m5t cr$it4  4  7#b7 ,section      
#di7;a77#a77;,c7 ( su* ,code is am5d$ by
 /rik+ & at ! end ( clause 7vii71 by    
/rik+ ! p]iod at ! end ( clause 7viii7 &
 ins]t+ 1 &1 & by add+ at ! end ! foll[+
 new clause3  7ix7 ! basis ( any prop]ty
 :i* is "p ( a critical mat]ial facility
 "u section #dh;,f4  4  7#c7 ,section   
#ej7;a77#b77;,e7 is am5d$ by /rik+ or   
#dh;,e7e7 & ins]t+ #dh;,e7e71 or        
#dh;,f7b77#d74  7#d7 ,! table ( sections
 = subp>t ,e ( "p ,,iv ( sub*apt] ,a (  
*apt] #a1 z am5d$ by section #ajg7;d7 ( 
! ,,*ips ,act ( #bjbb 7,public ,law     
#aag-afg71 is am5d$ by ins]t+ aft] !    
item relat+ to section #dh;,e ! foll[+  
new item3  ,sec4 #dh;,f4 ,critical      
mat]ial inve/m5t cr$it4  4  7c7         
,effective date ,! am5dm5ts made by ?is 
section %all apply to prop]ty plac$ 9   
s]vice aft] ! date ( ! enactm5t ( ?is   
,act4  #bjb4 ,critical mat]ial          

production tax cr$it  7a7 ,9 g5]al      
,subp>t ,d ( "p ,,iv ( sub*apt] ,a (    
*apt] #a ( ! ,int]nal ,rev5ue ,code (   
#aihf is am5d$ by ins]t+ aft] section   
#de;,,aa ! foll[+ new section3          
#de;,,bb4 ,critical mat]ial production  
cr$it  7a7 ,9 g5]al  7#a7 ,all[ance (   
cr$it ,= purposes ( section #ch1 !      
critical mat]ial production cr$it = any 
taxable ye> is an am\nt equal to ! sum (
 ! cr$it am\nts det]m9$ "u subsection   
7b7 ) respect to ea* eligible mat]ial   
:i* is-- 7,a7 produc$ by ! taxpay] 9 !  
,unit$ ,/ates1 &  7,b7 dur+ ! taxable   
ye>1 sold by su* taxpay] to an unrelat$ 
p]son4  7#b7 ,production & sale mu/ be 9
 trade or bus9ess ,any eligible mat]ial 
produc$ & sold by ! taxpay] %all be tak5
 into acc\nt only if ! production & sale
 describ$ 9 p>agraph 7#a7 is 9 a trade  
or bus9ess ( ! taxpay]4  7#c7 ,unrelat$ 
p]son  7,a7 ,9 g5]al ,= purposes ( ?is  
subsection1 a taxpay] %all be treat$ z  
sell+ eligible mat]ial to an unrelat$   
p]son if su* eligible mat]ial is sold to

 su* p]son by a p]son relat$ to !       
taxpay]4  7,b7 ,election  7i7 ,9 g5]al  
,at ! election ( ! taxpay] 79 su* =m &  
mann] z ! ,secret>y may prescribe71 a   
sale ( eligible mat]ial by su* taxpay]  
to a relat$ p]son %all be deem$ to h be5
 made to an unrelat$ p]son4  7ii7       
,requirem5t ,z a condition (1 & prior   
to1 any election describ$ 9 clause 7i71 
! ,secret>y may require su* in=mation or
 regi/ration z ! ,secret>y deems        
necess>y = purposes ( prev5t+           
duplication1 fraud1 or any improp] or   
excessive am\nt det]m9$ "u p>agraph     
7#a74  7b7 ,cr$it am\nt  7#a7 ,9 g5]al  
,subject to p>agraph 7#b71 ! am\nt      
det]m9$ "u ?is subsection ) respect to  
any eligible mat]ial %all be equal to-- 
7,a7 9 ! case ( a taxpay] produc+       
eligible mat]ial at ! initial production
 /age1 ! eligible rate %all be equal to 
#ae p]c5t ( ! taxpay]'s co/ (           
production1 or  7,b7 9 ! case ( an      
eligible mat]ial ) respect to :i* ea*   
input eligible mat]ial is s\rc$--  7i7  

dome/ically1 #aj p]c5t ( ! taxpay]'s co/
 ( production1 or  7ii7 dome/ically or f
 a c\ntry li/$ by ! ,secret>y "u        
subsection 7d77#a71 #g4e p]c5t ( !      
taxpay]'s co/ ( production4  7#b7       
,increase 9 cr$it am\nt = meet+ c]ta9   
/&>ds ,9 ! case ( a taxpay] t meets #a (
 ! foll[+ crit]ia ) respect to !        
eligible mat]ial ) respect to :i* !     
am\nt is det]m9$ "u p>agraph 7#a71 !    
am\nt det]m9$ "u p>agraph 7#a7 7det]m9$ 
)\t reg>d to ?is p>agraph7 %all be      
increas$ by #aj p]c5tage po9ts3 7,a7    
,ea* employee1 contractor1 or           
subcontractor employ$ 9 relation to !   
production ( ! eligible mat]ial by !    
taxpay] dur+ ! taxable ye> 0 paid wages 
at rates n less ?an ! prevail+ rates = !
 applicable indu/ry 9 ! locality 9 :i*  
su* production occurr$ z mo/ rec5tly    
det]m9$ by ! ,secret>y ( ,labor1 9      
accordance ) sub*apt] ,,iv ( *apt] #ca (
 title #dj1 ,unit$ ,/ates ,code1 & !    
taxpay] fulfill$ ! appr5tice%ip         
requirem5ts e/abli%$ by ! ,secret>y "u  

subsection 7d77#b74  7,b7 ,produces--   
7i7 a critical mat]ial t ! ,secret>y1 9 
consultation ) ! heads ( o!r relevant   
,f$]al ag5cies & dep>tm5ts1 det]m9es has
 a supply :i* is significantly vuln]able
 to disruption 7includ+ re/rictions     
associat$ ) =eign political risk1 abrupt
 dem& gr[?1 milit>y conflict1 viol5t    
unre/1 anti-competitive or protectioni/ 
behaviors1 & o!r risks ?r\gh\t ! supply 
*a971  7ii7 a qualifi$ sub/itute1 or    
7iii7 a recycl$ critical mat]ial4  7#c7 
,phase out  7,a7 ,9 g5]al ,9 ! case (   
any eligible mat]ial sold aft] ,decemb] 
#ca1 #bjcj1 ! am\nt det]m9$ "u ?is      
subsection ) respect to su* mat]ial %all
 be equal to ! product (-- 7i7 ! am\nt  
det]m9$ "u p>agraph 7#a7 ) respect to   
su* mat]ial1 z det]m9$ )\t reg>d to ?is 
p>agraph1 multipli$ by  7ii7 ! phase out
 p]c5tage "u subp>agraph 7,b74  7,b7    
,phase out p]c5tage ,! phase out        
p]c5tage "u ?is subp>agraph is equal    
to--  7i7 9 ! case ( an eligible mat]ial
 sold dur+ cal5d> ye> #bjca1 #ge p]c5t1 

7ii7 9 ! case ( an eligible mat]ial sold
 dur+ cal5d> ye> #bjcb1 #ej p]c5t1      
7iii7 9 ! case ( an eligible mat]ial    
sold dur+ cal5d> ye> #bjcc1 #be p]c5t1  
7iv7 9 ! case ( an eligible mat]ial sold
 aft] ,decemb] #ca1 #bjcd1 #j p]c5t4    
7c7 ,special rules ,= purposes ( ?is    
section-- 7#a7 ,relat$ p]sons ,p]sons   
%all be treat$ z relat$ to ea* o!r if   
su* p]sons w\ld be treat$ z a s+le      
employ] "u ! regulations prescrib$ "u   
section #eb7;b74  7#b7 ,pass-?ru 9 !    
case ( e/ates & tru/s ,"u regulations   
prescrib$ by ! ,secret>y1 rules simil>  
to ! rules ( subsection 7d7 ( section   
#eb %all apply4  7#c7 ,sale ( integrat$ 
compon5ts ,= purposes ( ?is section1 a  
p]son %all be treat$ z hav+ sold an     
eligible mat]ial to an unrelat$ p]son if
 su* mat]ial is integrat$1 incorporat$1 
or assembl$ into a te*nology compon5t   
:i* is sold to an unrelat$ p]son4  7d7  
,regulations  7#a7 ,id5tification ( safe
 acquisition s\rces ,n lat] ?an #a ye>  
aft] ! date ( ! enactm5t ( ?is section1 

! ,secret>y1 9 consultation ) !         
,secret>y ( ,/ate1 %all publi% & ma9ta9 
a li/ ( c\ntries t meet ! foll[+        
crit]ia3 7,a7 ,! c\ntry has environm5tal
 protections ) respect to ! production (
 eligible mat]ials :i* meet or exce$ su*
 protections 9 ! ,unit$ ,/ates4  7,b7   
,no product ( ! c\ntry is prohibit$ =   
importation into ! ,unit$ ,/ates        
pursuant to section #cjg ( ! ,t>iff ,act
 ( #aicj4  7,c7 ,! c\ntry has labor laws
 :i* ensure wage rates are det]m9$ by   
free b>ga9+ betwe5 labor & managem5t4   
7,d7 ,! c\ntry is n-- 7i7 a =eign entity
 ( conc]n 7z def9$ 9 section #iija ( !  
,william ,m4 7,mac7 ,?ornb]ry ,national 
,def5se ,au?orization ,act = ,fiscal    
,ye> #bjba71 or  7ii7 a nonm>ket economy
 c\ntry 7z def9$ 9 section #gga7ah7 ( ! 
,t>iff ,act ( #aicj74  7#b7             
,appr5tice%ip requirem5t ,! ,secret>y1 9
 consultation ) ! ,secret>y ( ,labor1   
%all e/abli% su* appr5tice%ip           
requirem5ts z are appropriate = ea*     
affect$ indu/ry = purposes ( subsection 

7b77#b77;,a74  7e7 ,limitation ,= !     
purposes ( calculat+ ! eligible cr$it   
am\nt = a taxpay]1 ! taxpay] %all be    
unable to claim an eligible cr$it "u ?is
 section if ! taxpay] has already claim$
 an eligible cr$it = production ( an    
applicable critical m9]al "u section    
#de,x = ! curr5t ye> 9 :i* ?is section  
is be+ claim$4  7f7 ,def9itions ,= !    
purpose ( ?is section--  7#a7 ,t]ms us$ 
9 section #dh;,f ,! t]ms eligible       
mat]ial1 qualifi$ sub/itute1 critical   
mat]ial1 & te*nology compon5t h ! mean+s
 giv5 su* t]ms 9 section #dh;,f4  7#b7  
,initial production /age ,! t]m initial 
production /age means a /age (          
production 9 :i* ! taxpay] produces an  
eligible mat]ial ?r\gh--  7,a7          
extraction1  7,b7 recycl+1 or  7,c7 9 ! 
case ( a qualifi$ sub/itute1 any means4 
7#c7 ,taxpay]'s co/ ( production ,! t]m 
taxpay]'s co/ ( production means am\nts 
paid or incurr$ by ! taxpay] to produce 
an eligible mat]ial1 exclud+ am\nts paid
 or incurr$--  7,a7 = labor1  7,b7 =    

transportation ( any prop]ty1 &  7,c7   
adm9i/rative exp5ses4  4  7b7 ,cr$it    
all[$ z "p ( g5]al bus9ess cr$it        
,section #ch7;b7 ( su* ,code is am5d$ by
 /rik+ plus at ! end ( p>agraph 7#dj71  
by /rik+ ! p]iod at ! end ( p>agraph    
7#da7 & ins]t+ 1 plus1 & by add+ at !   
end ! foll[+ new p>agraph3  7#db7       
section #de;,,bb 7critical mat]ial      
production cr$it74  4  7c7 ,cl]ical     
am5dm5t ,! table ( sections = subp>t ,d 
( "p ,,iv ( sub*apt] ,a ( *apt] #a ( su*
 ,code is am5d$ by add+ at ! end !      
foll[+ new item3  ,sec4 #de;,,bb4       
,critical mat]ial production cr$it4  4  
7d7 ,effective date ,! am5dm5ts made by 
?is section %all apply to mat]ials sold 
aft] ! date ( ! enactm5t ( ?is ,act4    
#bjc4 ,consultation  7a7 ,indu/rial     
advisory bo>d  7#a7 ,e/abli%m5t ,!      
,secret>y ( ! ,treasury %all e/abli% an 
advisory committee to be compos$ ( n    
few] ?an #ae memb]s1 includ+            
repres5tatives ( indu/ry1 academia1     
trade organizations1 environm5tal       

protection organizations1 labor         
organizations1 & int]national p>tn]s1 z 
appropriate1 :o are qualifi$ to provide 
advice on matt]s relevant to increas+   
dome/ic capacity ( critical mat]ials    
manufactur+4  7#b7 ,repres5tation (     
c]ta9 gr\ps ,! ,secret>y1 9 c>ry+ out   
p>agraph 7#a71 %all ensure t at lea/ #b 
memb]s ( ! advisory committee e/abli%$  
"u su* p>agraph are repres5tatives (--  
7,a7 an environm5tal protection         
organization1 &  7,b7 a labor           
organization4  7#c7 ,,faca exemption    
,section #ad ( ! ,f$]al ,advisory       
,committee ,act 7#e ,u4,s4,c4 ,app47    
%all n apply to ! advisory committee    
e/abli%$ "u ?is subsection4  7b7        
,int]ag5cy coord9ation ,9 c>ry+ out !   
developm5t ( guidance necess>y to !     
implem5tation ( subsection 7a71 !       
,secret>y ( ! ,treasury %all consult !  
foll[+3 7#a7 ,! advisory committee      
e/abli%$ "u subsection 7a77#a74  7#b7 ,!
 ,secret>y ( ,agriculture4  7#c7 ,!     
,secret>y ( ,comm]ce4  7#d7 ,! ,secret>y

 ( ,def5se4  7#e7 ,! ,secret>y ( ,en]gy4
  7#f7 ,! ,secret>y ( ,heal? & ,human   
,s]vices4  7#g7 ,! ,secret>y ( ,homel&  
,security4  7#h7 ,! ,secret>y ( !       
,int]ior4  7#i7 ,! ,unit$ ,/ates ,trade 
,repres5tative4  7#aj7 ,! ,director ( ! 
,:ite ,h\se ,(fice ( ,sci5ce &          
,te*nology ,policy4  7#aa7 ,su* o!r head
 ( a ,f$]al ag5cy z ! ,secret>y det]m9es
 appropriate4  ,,iii ,critical ,mat]ial 
,rese>* & ,developm5t  #cja4 ,cl>ify+   
m9+ rese>* at ! ,national ,sci5ce       
,f\ndation  7a7 ,9 g5]al ,section #ajcei
 ( title ,,iii ( division ,b ( ! ,rese>*
 & ,developm5t1 ,competition1 &         
,innovation ,act 7#db ,u4,s4,c4 #aijfg2 
,public ,law #aag-afg7 is am5d$-- 7#a7 9
 ! section head+1 by /rik+ m9]als &     
ins]t+ mat]ials2  7#b7 9 subsection     
7a7-- 7,a7 9 ! subsection head+1 by     
/rik+ m9]als & ins]t+ mat]ials2  7,b7 by
 am5d+ p>agraph 7#a7 to read z foll[s3  
7#a7 ,9 g5]al ,9 ord] to support supply 
*a9 resili5cy1 ! ,director %all make    
aw>ds1 on a competitive basis1 to       

in/itutions ( high] education1 nonpr(it 
organizations1 or private entities 7or  
consortia ( su* in/itutions1            
organizations1 or entities7 to support  
rese>* & developm5t t w accel]ate       
innovation to advance critical mat]ials 
m9+ /rategies & te*nologies = ! purpose 
( mak+ bett] use ( dome/ic res\rces &   
elim9at+ national reliance on critical  
mat]ials t are subject to supply        
disruptions4  2  7,c7 9 p>agraph 7#b7-- 
7i7 by am5d+ subp>agraph 7,a7 to read z 
foll[s3  7,a7 advanc+ m9+ rese>* &      
developm5t activities to develop new    
mapp+ & m9+ te*nologies & te*niques1    
includ+ advanc$ critical mat]ial        
extraction & production1 sep>ation1     
alloy+1 or process+ te*niques &         
te*nologies t c decrease en]gy int5sity 
to improve exi/+ or develop new supply  
*a9s ( critical mat]ials1 & yield m     
effici5t1 economical1 & environm5tally  
b5ign m9+ practices2  2  7ii7 by /rik+  
subp>agraph 7,b7 & r$esignat+           
subp>agraphs 7,c71 7,d71 7,e71 7,f71    

7,g71 & 7,h71 z subp>agraphs 7,b71 7,c71
 7,d71 7,e71 7,f71 & 7,g71 respectively2
  7iii7 9 subp>agraph 7,c71 z s         
r$esignat$1 by /rik+ m9]als & ins]t+    
mat]ials2  7iv7 9 subp>agraph 7,d71 z s 
r$esignat$1 by /rik+ m9]als & ins]t+    
mat]ials2  7v7 9 subp>agraph 7,e71 z s  
r$esignat$1 by /rik+ m9]als & ins]t+    
mat]ials2 &  7vi7 9 subp>agraph 7,f71 z 
s r$esignat$1 by /rik+ m9]als & ins]t+  
mat]ials2  7,d7 by r$esignat+ p>agraph  
7#c7 z p>agraph 7#d72 &  7,e7 by ins]t+ 
aft] p>agraph 7#b7 ! foll[+ new         
p>agraph3  7#c7 ,collaboration ,9 c>ry+ 
out ?is subsection1 ! ,director %all    
collaborate ) ! ,secret>y ( ! ,int]ior1 
! ,secret>y ( ,en]gy1 ! ,director ( !   
,national ,in/itute ( ,/&>ds &          
,te*nology1 ! ,director ( ! ,(fice (    
,sci5ce & ,te*nology ,policy1 & ! heads 
( o!r relevant ,f$]al dep>tm5ts &       
ag5cies1 includ+ facilities su* z !     
,national ,laboratories1 ,manufactur+   
,,usa in/itutes1 & o!r f$]ally fund$    
rese>* & developm5t c5t]s1 academia1    

indu/ry1 nonpr(it organizations1 labor  
organizations1 & int]national p>tn]s1 z 
appropriate1 to c>ry out ! purposes     
describ$ 9 p>agraph 7#a74  2 &  7#c7 by 
am5d+ subsection 7c7 to read z foll[s3  
7c7 ,critical mat]ial def9$ ,9 ?is      
section1 ! t]m critical mat]ial has !   
mean+ giv5 su* t]m 9 section            
#gjjb7;a77#b7 ( ! ,en]gy ,act ( #bjbj   
7#cj ,u4,s4,c4 #afjf7;a77#b774  4  7b7  
,cl]ical am5dm5t ,! table ( cont5ts 9   
sections #a & #ajjjj ( ,public ,law     
#aag-afg are am5d$ by /rik+ ! items     
relat+ to section #ajcei & ins]t+ !     
foll[+ new items3  ,sec4 #ajcei4        
,critical mat]ials m9+ rese>* &         
developm5t4  4  #cjb4 ,cl>ify+ m9+      
rese>* at ! ,dep>tm5t ( ,en]gy ,section 
#djbaj ( ! ,infra/ructure ,inve/m5t &   
,jobs ,act 7#db ,u4,s4,c4 #ahgdc7 is    
am5d$-- 7#a7 9 subsection 7a7--  7,a7 by
 r$esignat+ p>agraphs 7#c71 7#d71 7#e71 
7#f71 7#g71 7#h71 7#i71 & 7#aj7 z       
p>agraphs 7#d71 7#e71 7#f71 7#g71 7#h71 
7#i71 7#aj71 & 7#aa71 respectively2     

7,b7 by ins]t+ aft] p>agraph 7#b7 !     
foll[+ new p>agraph3  7#c7 ,critical    
mat]ial ,! t]m critical mat]ial has !   
mean+ giv5 su* t]m 9 section            
#gjjb7;a77#b7 ( ! ,en]gy ,act ( #bjbj   
7#cj ,u4,s4,c4 #afjf7;a77#b774  2 &     
7,c7 by add+ at ! end ! foll[+ new      
p>agraph3  7#ab7 ,skill$ te*nical       
work=ce ,! t]m skill$ te*nical work=ce  
has ! mean+ giv5 su* t]m 9 section      
#d7;b7 ( ! ,innovations 9 ,m5tor+1      
,tra9+1 & ,appr5tice%ips ,act 7#db      
,u4,s4,c4 #ahfbp note2 ,public ,law     
#aae-djb74  2 &  7#b7 by am5d+          
subsection 7b7 to read z foll[s3  7b7   
,critical mat]ial m9+ rese>* &          
developm5t  7#a7 ,9 g5]al ,9 ord] to    
support supply *a9 resili5cy1 !         
,secret>y %all issue aw>ds1 on a        
competitive basis1 to eligible entities 
describ$ 9 p>agraph 7#b7 to support     
rese>* & developm5t activities t w      
accel]ate innovation to advance critical
 mat]ials m9+ & associat$ extraction    
te*nologies & /rategies = ! purposes (--

 7,a7 mak+ bett] use ( dome/ic res\rces2
  7,b7 elim9at+ national reliance on    
critical mat]ials t are subject to      
supply disruptions2 &  7,c7 promot+     
su/a9ability ) critical mat]ials m9+4   
7#b7 ,eligible entities ,entities       
eligible to receive an aw>d "u p>agraph 
7#a7 are ! foll[+3 7,a7 ,f$]ally fund$  
facilities1 includ+ ,national           
,laboratories1 ,manufactur+ ,,usa       
in/itutes1 & o!r f$]ally fund$ rese>* & 
developm5t c5t]s4  7,b7 ,relevant ,/ate1
 local1 or ,tribal gov]nm5tal entities )
 specializ$ res\rces to c>ry out        
p>agraph 7#a74  7,c7 ,in/itutions (     
high] education4  7,d7 ,nonpr(it        
organizations4  7,e7 ,consortia (       
entities describ$ 9 subp>agraphs 7,a7   
?r\gh 7,d71 includ+ consortia t         
collaborate ) private indu/ry4  7#c7    
,use ( funds ,activities fund$ by an    
aw>d "u ?is section may include !       
foll[+3 7,a7 ,advanc+ m9+ rese>* &      
developm5t activities to develop new    
mapp+ & m9+ te*nologies & te*niques1    

includ+ advanc$ critical mat]ial        
extraction & sep>ation--  7i7 to improve
 exi/+1 or to develop new1 supply *a9s (
 critical mat]ials2 &  7ii7 to yield m  
effici5t1 economical1 & environm5tally  
b5ign m9+ practices1 includ+ ?r\gh      
innovative te*nology & relevant m9+     
equipm5t applications4  7,b7 ,conduct+  
long-t]m e>? obs]vation ( reclaim$ m9e  
sites1 includ+ ! /udy ( ! evolution (   
microbial div]sity at ^? sites4  7,c7   
,exam9+ ! application ( artificial      
intellig5ce = geological exploration (  
critical mat]ials1 includ+ :at size &   
div]sity ( data sets w\ld be requir$4   
7,d7 ,exam9+ ! application ( ma*9e le>n+
 = detection & sort+ ( critical         
mat]ials1 includ+ :at size & div]sity ( 
data sets w\ld be requir$4  7,e7        
,conduct+ detail$ isotope /udies (      
critical mat]ials & ! developm5t ( m    
ref9$ geologic models4  7,f7 ,provid+   
education1 tra9+1 & relevant rese>*     
opportunities to-- 7i7 po/-second>y     
/ud5ts to exp& ! critical mat]ials      

work=ce1 p>tially /ud5ts 9 eng9e]+ &    
mat]ial sci5ce discipl9es2 &  7ii7 !    
skill$ te*nical work=ce4  7#d7          
,collaboration ,9 c>ry+ out ?is         
subsection1 ! ,secret>y %all collaborate
 ) ! ,secret>y ( ! ,int]ior1 ! ,director
 ( ! ,national ,sci5ce ,f\ndation1 !    
,director ( ! ,national ,in/itute (     
,/&>ds & ,te*nology1 ! ,director ( !    
,(fice ( ,sci5ce & ,te*nology ,policy1 &
 ! heads ( o!r relevant ,f$]al dep>tm5ts
 & ag5cies1 includ+ facilities su* z !  
,national ,laboratories1 ,manufactur+   
,,usa in/itutes1 & o!r f$]ally fund$    
rese>* & developm5t c5t]s1 academia1    
indu/ry1 nonpr(it organizations1 labor  
organizations1 & int]national p>tn]s1 z 
appropriate1 to c>ry out ! purposes     
describ$ 9 p>agraph 7#a74  7#e7 ,exi/+  
programs ,! ,secret>y %all ensure aw>ds 
issu$ "u ?is subsection are complem5t>y 
& n duplicative ( exi/+ programs across 
! ,dep>tm5t ( ,en]gy & ! ,f$]al         
,gov]nm5t4  4  #cjc4 ,critical mat]ials 
rese>* & developm5t  7a7 ,9 g5]al ,9    

support ( ! security & competitiv5ess ( 
! ,unit$ ,/ates1 ! ,director ( !        
,national ,sci5ce ,f\ndation 79 ?is     
section ref]r$ to z ! ,director7 %all   
make aw>ds1 on a competitive basis1 to  
in/itutions ( high] education1 nonpr(it 
organizations1 or private entities 7or  
consortia ( su* in/itutions1            
organizations1 or entities7 = ! purposes
 describ$ 9 subsection 7b74  7b7        
,purposes describ$ ,! purposes describ$ 
9 ?is subsection include any ( ! foll[+3
 7#a7 ,rese>* & developm5t activities to
 advance innovative te*nologies1        
mat]ials1 & te*niques relevant to !     
su/a9ability1 security1 & traceability (
 critical mat]ial supply *a9s1 includ+ !
 foll[+3  7,a7 ,te*nologies = !         
manufactur+ ( critical mat]ials1 includ+
 innovative equipm5t applications &     
indu/rial dec>bonization processes1     
across processes su* z process+1 ref9+1 
conv]sion1 & recycl+4  7,b7 ,innovative 
& em]g+ mat]ials = improv$ or new uses  
)9 ! supply *a91 includ+ ! foll[+3  7i7 

,innovative alloys1 magnets1 anodes1 &  
o!r multi*emical comp\nd mat]ials4  7ii7
 ,qualifi$ sub/itutes design$ to replace
 "p or all ( a traditionally extract$   
critical mat]ial )9 a d[n/ream          
application4  7iii7 ,byproducts ( exi/+ 
supply *a9s t may be recov]$ at         
suffici5t quantities = use4  7,c7       
,innovative & em]g+ d[n/ream            
applications t--  7i7 r$uce reliance on 
critical mat]ial supply *a9s subject to 
disruptions2 or  7ii7 r$uce or replace  
"p or all ( a traditionally extract$    
critical mat]ial4  7,d7 ,any te*nology1 
mat]ial1 or te*nique to promote         
circul>ity & su/a9ability )9 ! critical 
mat]ial supply *a9 ?r\gh increas+ !     
reusability ( a critical mat]ial4  7#b7 
,education & work=ce developm5t         
opportunities to support a robu/        
critical mat]ials work=ce1 :i* may      
include any ( ! foll[+3  7,a7 ,provid+  
tra9+ & rese>* opportunities to         
und]graduate & graduate /ud5ts to ensure
 a robu/ critical mat]ial te*nical      

work=ce4  7,b7 ,provid+ tra9+ & o!r     
educational pa?ways to ensure a robu/   
critical mat]ial manufactur+ work=ce    
?r\gh %ort-t]m cr$5tials & c>e] &       
te*nical education activities1 includ+ !
 foll[+3  7i7 ,pa?ways design$ to       
upskill & reskill1 z ! case may be1 !   
exi/+ work=ce4  7ii7 ,pa?ways & em]g+   
tr5ds design$ to address work=ce        
%ortages1 includ+ z a result ( skill    
gaps1 ( ! future work=ce4  7c7 ,te/b$s  
,9 c>ry+ out ?is section1 subject to !  
availability ( appropriations = su*     
purposes1 ! ,director may e/abli% te/   
b$s1 pursuant to section #ajcij ( !     
,rese>* & ,developm5t1 ,competition1 &  
,innovation ,act 7#db ,u4,s4,c4 #aiaaj2 
enact$ z "p ( division ,b ( ,public ,law
 #aag-afg71 to advance innovative       
te*nologies1 mat]ials1 & te*niques = !  
purpose ( creat+ su/a9able1 secure1 &   
transp>5t critical mat]ial supply *a9s4 
,9 do+ s1 ! ,director %all prioritize ! 
translation & comm]cialization ( !      
foll[+3 7#a7 ,qualifi$ sub/itutes4  7#b7

 ,byproducts4  7#c7 ,d[n/ream           
applications us+ innovative comb9ations 
( critical mat]ials1 includ+ byproducts1
 qualifi$ sub/itutes1 or recycl$ cont5t4
  7#d7 ,dec>bonization te*nologies1     
includ+ any su* te*nology t improves    
su/a9ability ( ! manufactur+ process =  
critical mat]ials4  7#e7 ,recycl+       
te*nologies4  7d7 ,critical mat]ials    
education  7#a7 ,9 g5]al ,! ,director   
%all1 on a competitive1 m]it-review$    
basis1 make aw>ds to in/itutions ( high]
 education & nonpr(it organizations 7or 
consortia ( su* in/itutions &           
organizations1 :i* may also include     
private entities7 to e/abli% p>tn]%ips  
to enhance & broad5 p>ticipation 9      
fields relevant = education & tra9+ = ! 
critical mat]ial supply *a94  7#b7      
,activities ,aw>ds made "u ?is          
subsection %all be us$ = ! foll[+3  7,a7
 ,to-- 7i7 conduct tra9+ & education    
activities1 includ+ curricula design1   
developm5t1 dissem9ation1 & assessm5t2 &
  7ii7 %>e in=mation & be/ practices    

across ! network ( aw>dees4  7,b7 ,to   
develop regional p>tn]%ips among        
associate degree-grant+ colleges1       
ba*elor degree-grant+ in/itutions1      
work=ce developm5t programs1 labor      
organizations1 & indu/ry to create a    
div]se national te*nical work=ce tra9$ 9
 fields relevant to ! critical mat]ial  
supply *a9 & ensure education & tra9+ is
 meet+ ! evolv+ ne$s ( indu/ry4  7,c7   
,to facilitate p>tn]%ips ) employ]s1    
employ] consortia1 or o!r private sector
 organizations t (f] appr5tice%ips1     
int]n%ips1 or appli$ le>n+ exp]i5ces 9  
fields relevant to ! critical mat]ial   
supply *a94  7,d7 ,to develop %>$       
infra/ructure available to in/itutions (
 high] education1 two-ye> colleges1 &   
private organizations to enable         
exp]i5tial le>n+ activities & provide   
physical or digital access to tra9+     
facilities & indu/ry-/&>d tools &       
processes4  7,e7 ,to create & dissem9ate
 public outrea* to support aw>5ess (    
education & c>e] opportunities relevant 

to ! critical mat]ial supply *a91       
includ+ ?r\gh outrea* to ,k-#ab s*ools &
 ,,/em-relat$ organizations4  7,f7 ,to  
collaborate & coord9ate ) indu/ry &     
exi/+ public & private organizations    
conduct+ education & work=ce developm5t 
activities 9 fields relevant to !       
critical mat]ial supply *a91 z          
practicable4  7#c7 ,national coord9ation
 ,to coord9ate activities1 be/ practice 
%>+1 & access to facilities across !    
p>tn]%ips e/abli%$ 9 accordance )       
p>agraph 7#a71 ! ,director %all ensure t
 activities c>ri$ out by ! p>tn]%ips "u 
?is subsection are coord9at$ to !       
greate/ ext5t possible4  7#d7 ,priority 
,to ! ext5t practicable1 ! ,director    
%all prioritize aw>dees "u p>agraph 7#a7
 t include entities focus$ on support+ !
 creation ( a te*nical work=ce relevant 
to ! critical mat]ial supply *a91       
includ+ entities su* z associate        
degree-grant+ colleges1 c>e] & te*nical 
entities1 work=ce developm5t programs1  
labor organizations1 & indu/ry4  7e7    

,collaboration ,9 c>ry+ out ?is section1
 ! ,director %all collaborate ) !       
,secret>y ( ,en]gy1 ! ,director ( !     
,national ,in/itute ( ,/&>ds &          
,te*nology1 ! ,director ( ! ,(fice (    
,sci5ce & ,te*nology ,policy1 & ! heads 
( o!r relevant ,f$]al dep>tm5ts &       
ag5cies1 includ+ facilities su* z !     
,national ,laboratories1 ,manufactur+   
,,usa in/itutes1 & o!r f$]ally fund$    
rese>* & developm5t c5t]s1 academia1    
indu/ry1 nonpr(it organizations1 labor  
organizations1 & int]national p>tn]s1 z 
appropriate1 to c>ry out ! purposes     
describ$ 9 subsection 7b74  7f7 ,exi/+  
programs ,! ,director %all ensure aw>ds 
made "u ?is section are complem5t>y & n 
duplicative ( exi/+ programs across !   
,national ,sci5ce ,f\ndation & ! ,f$]al 
,gov]nm5t4  #cjd4 ,critical mat]ials    
/&>ds & metrology  7a7 ,9 g5]al ,subject
 to ! availability ( appropriations =   
su* purposes1 ! ,director ( ! ,national 
,in/itute ( ,/&>ds & ,te*nology 7ref]r$ 
to 9 ?is section z ! ,director7 %all    

c>ry out a critical mat]ials program to 
enable advances & break?r\ghs 9         
measurem5t sci5ce1 te*nical /&>ds1      
mat]ial *>act]ization1 in/rum5tation1   
te/+1 & manufactur+1 includ+ recycl+1   
capabilities t w accel]ate rese>* &     
developm5t & produce relevant te*nical  
/&>ds = su/a9able1 secure1 & traceable  
critical mat]ial supply *a9s4  7b7      
,activities ,9 c>ry+ out subsection 7a71
 ! ,director %all c>ry out measurem5t   
sci5ce1 te*nical /&>ds1 mat]ial         
*>act]ization1 in/rum5tation1 te/+1 or  
o!r activities1 z appropriate1 to       
support ! foll[+3  7#a7 ,activities     
relat$ to advanc+ innovative mat]ials1  
includ+ byproducts & qualifi$           
sub/itutes1 recycl$ mat]ials1 &         
innovative comb9ations = d[n/ream       
applications4  7#b7 ,activities relat$  
to advanc+ recycl+ processes ( critical 
mat]ials1 includ+ te*niques to improve  
reusability ( recycl$ cont5t4  7#c7     
,activities relat$ to facilitat+ !      
developm5t ( te*nical /&>ds )9 !        

critical mat]ial supply *a9 to promote  
int]op]ability1 collaboration1 &        
traceability4  7#d7 ,activities relat$  
to p>agraphs 7#a7 ?r\gh 7#c7 )          
int]national p>tn]s1 z appropriate4     
7#e7 ,o!r activities id5tifi$ by !      
,director1 z appropriate1 to advance !  
goal describ$ 9 su* subsection4  7c7    
,critical mat]ials recycl+ consortium   
7#a7 ,9 g5]al ,subject to ! availability
 ( appropriations = su* purpose1 !      
,director %all conv5e a consortium to   
id5tify future /&>ds & metrology ne$s to
 promote advanc$ recycl+ processes (    
critical mat]ials4  7#b7 ,memb]%ip  7,a7
 ,9 g5]al ,! memb]s ( ! ,consortium may 
include repres5tatives f ! ,national    
,laboratories1 ,manufactur+ ,,usa       
in/itutes1 & o!r f$]ally fund$ rese>* & 
developm5t c5t]s1 academia1 indu/ry1    
nonpr(it organizations1 labor           
organizations1 & int]national p>tn]s1 z 
appropriate4  7,b7 ,exclusion ,!        
,consortium may n (f] memb]%ip to any   
individual :o is a repres5tative ( a    

=eign entity ( conc]n or a =eign entity 
( a =eign c\ntry ( conc]n4  7#c7        
,responsibilities ,! ,consortium %all-- 
7,a7 access ! curr5t gaps )9 relevant   
te*nical /&>ds & metrology reg>d+ ! ne$s
 describ$ 9 p>agraph 7#a72  7,b7 id5tify
 any gaps 9 rese>* necess>y to meet su* 
ne$s2 &  7,c7 provide recomm5dations    
reg>d+ h[ ,f$]al ag5cies c address su*  
gaps 9 c>ry+ out activities relat$ to   
critical mat]ials recycl+4  7#d7 ,report
 to ,congress ,n lat] ?an two ye>s aft] 
! e/abli%m5t ( ! ,consortium1 !         
,director %all submit to ! ,committee on
 ,comm]ce1 ,sci5ce1 & ,transportation ( 
! ,s5ate & ! ,committee on ,sci5ce1     
,space1 & ,te*nology ( ! ,h\se (        
,repres5tatives a report summ>iz+ !     
f9d+s ( ! ,consortium4  7#e7            
,collaboration ,! ,director %all ensure 
t ! activities c>ri$ out by !           
,consortium are complem5t>y & n         
duplicative ( ! collaborative activities
 c>ri$ out by ! ,critical ,mat]ials     
,consortium e/abli%$ "u section         

#gjjb7;g77#h7 ( ! ,en]gy ,act ( #bjbj   
7#cj ,u4,s4,c4 #afjf7;g77#h774  7#f7    
,t]m9ation ,! ,consortium %all t]m9ate  
five ye>s aft] its e/abli%m5t4  7d7     
,collaboration ,9 c>ry+ out ?is section1
 ! ,director %all collaborate ) !       
,secret>y ( ,en]gy4  7e7 ,exi/+ programs
 ,! ,director %all ensure activities    
c>ri$ out "u ?is section are complem5t>y
 & n duplicative ( exi/+ programs across
 ! ,national ,in/itute ( ,/&>ds &       
,te*nology1 ! ,dep>tm5t ( ,en]gy1 & o!r 
,f$]al dep>tm5ts & ag5cies4  #cje4      
,critical mat]ials demon/ration         
,subsection 7d7 ( section #djbaj ( !    
,infra/ructure ,inve/m5t & ,jobs ,act   
7#db ,u4,s4,c4 #ahgdc7 is am5d$ to read 
z foll[s3  7d7 ,grant program = pilot   
projects ,to exp& dome/ic capacity (    
critical mat]ials  7#a7 ,e/abli%m5t ,!  
,secret>y %all e/abli% a grant program  
to f9ance pilot projects to promote     
dome/ic capacity1 r$uce reliance on     
supply *a9s subject to disruptions1 &   
support innovation 9 ! critical mat]ial 

supply *a94  7#b7 ,use ( funds ,pilot   
projects "u p>agraph 7#a7 may include   
any ( ! foll[+ to increase ! dome/ic    
capabilities ( ! ,unit$ ,/ates to       
manufacture critical mat]ials across !  
entire cycle ( ! critical mat]ial supply
 *a93  7,a7 ,innovative te*nologies1    
includ+ applications = manufactur+      
equipm5t & indu/rial dec>bonization4    
7,b7 ,innovative & em]g+ mat]ials =     
improv$ or new uses ) ! supply *a91     
includ+ qualifi$ sub/itutes1 byproducts1
 or recycl$ or reclaim$ critical        
mat]ials4  7,c7 ,innovative & em]g+     
d[n/ream applications to r$uce reliance 
on critical mat]ials subject to supply  
*a9 disruptions4  7,d7 ,any o!r         
te*nology1 mat]ial1 or te*nique to      
promote circul>ity & su/a9ability1      
includ+ ?r\gh environm5tally b5ign      
processes1 )9 ! critical mat]ial supply 
*a94  7#c7 ,limitations  7,a7           
,limitation on grant aw>ds ,a grant     
aw>d$ "u p>agraph 7#a7 may n exce$      
#be1jjj1jjj4  7,b7 ,economic viability  

,9 aw>d+ grants "u p>agraph 7#a71 !     
,secret>y %all give priority to projects
 t ! ,secret>y det]m9es are likely to be
 economically viable ov] ! long t]m4    
7,c7 ,priority ,9 aw>d+ grants "u       
p>agraph 7#a71 ! ,secret>y %all seek to 
aw>d n less ?an #dj p]c5t ( ! total     
am\nt ( grants aw>d$ dur+ ! fiscal ye> =
 projects relat+ to ! foll[+3 7i7       
,qualifi$ sub/itute4  7ii7 ,second>y    
recov]y4  7iii7 ,recycl+4  7,d7         
,prohibition on aw>ds to =eign c\ntries 
( conc]n ,9 aw>d+ grants "u p>agraph    
7#a71 ! ,secret>y %all ensure t pilot   
projects d n export = any manufactur+   
process ( a critical mat]ial to a =eign 
c\ntry ( conc]n4  7#d7 ,collaboration ,9
 c>ry+ out ?is subsection1 ! ,secret>y  
%all collaborate ) ! ,secret>y (        
,comm]ce1 ! ,secret>y ( ,def5se1 !      
,secret>y ( ! ,int]ior1 ! ,director ( ! 
,national ,sci5ce ,f\ndation1 !         
,director ( ! ,national ,in/itute (     
,/&>ds & ,te*nology1 ! ,director ( !    
,(fice ( ,sci5ce & ,te*nology ,policy1 &

 ! heads ( o!r relevant ,f$]al dep>tm5ts
 & ag5cies1 includ+ facilities su* z !  
,national ,laboratories1 ,manufactur+   
,,usa in/itutes1 & o!r f$]ally fund$    
rese>* & developm5t c5t]s1 academia1    
indu/ry1 nonpr(it organizations1 labor  
organizations1 & int]national p>tn]s1 z 
appropriate1 to c>ry out ! purposes     
describ$ 9 p>agraph 7#a74  7#e7 ,exi/+  
programs ,! ,secret>y %all ensure aw>ds 
made "u p>agraph 7#a7 are complem5t>y & 
n duplicative ( exi/+ programs across ! 
,dep>tm5t ( ,en]gy & ! ,f$]al ,gov]nm5t4
  7#f7 ,au?orization ( appropriations   
,!re is au?oriz$ to be appropriat$ to ! 
,secret>y to c>ry out ?is subsection    
#aej1jjj1jjj = ea* ( fiscal ye>s #bjbf  
?r\gh #bjcj4  7#g7 ,def9itions ,9 ?is   
subsection3 7,a7 ,conv]sion ,! t]m      
conv]sion means ! process to alt] a     
ref9$ or purifi$ critical mat]ial to a  
second>y comp\nd t is subject to supply 
*a9 disruptions relevant to ! national1 
en]gy1 & economic security ( ! ,unit$   
,/ates1 includ+ ! manufactur+ ( magnets1

 alloys1 or multicomp\nd *emi/ries1     
includ+ su* *emi/ries at solid1 liquid1 
or gase\s /ates4  7,b7 ,critical mat]ial
 supply *a9 ,! t]m critical mat]ial     
supply *a9 means ! lifecycle ( a        
critical mat]ial1 includ+ ! extraction1 
process+ or ref9+1 conv]sion1 & recycl+ 
( a critical mat]ial4  7,c7 ,=eign      
c\ntry ( conc]n ,! t]m =eign c\ntry (   
conc]n has ! mean+ giv5 su* t]m 9       
section #iija ( ! ,william ,m4 7,mac7   
,?ornb]ry ,national ,def5se             
,au?orization ,act = ,fiscal ,ye> #bjba 
7#ae ,u4,s4,c4 #dfea74  7,d7 ,qualifi$  
sub/itute ,! t]m qualifi$ sub/itute     
means any v]ifiable alt]native to a     
critical mat]ial1 includ+ conv]t$       
critical mat]ial comp\nds1 able to c>ry 
out an ess5tial function 7z su* t]m is  
us$ 9 section #gjjb7;a77#b77;ii7 ( !    
,en]gy ,act ( #bjbj 7#cj ,u4,s4,c4      
#afjf7;a77#b77;ii777 ( a critical       
mat]ial4  7,e7 ,ref9$ or purifi$        
critical mat]ial ,! t]m ref9$ or purifi$
 critical mat]ial means a critical      

mat]ial t has und]gone any relevant     
manufactur+ process to remove impurities
 & to meet indu/ry /&>ds ( purity or    
conc5tration = d[n/ream use cases       
po/-extraction or recycl+4  4  #cjf4    
,def9itions ,9 ?is title3 7#a7          
,byproduct ,! t]m byproduct has ! mean+ 
giv5 su* t]m 9 section #gjjb7;a77#a7 ( !
 ,en]gy ,act ( #bjbj 7#cj ,u4,s4,c4     
#afjf7;a77#a774  7#b7 ,conv]sion ,! t]m 
conv]sion means ! process to alt] a     
ref9$ or purifi$ critical mat]ial to a  
second>y comp\nd t is subject to supply 
*a9 disruptions relevant to ! national1 
en]gy1 & economic security ( ! ,unit$   
,/ates1 includ+ ! manufactur+ ( magnets1
 alloys1 or multicomp\nd *emi/ries1     
includ+ su* *emi/ries at solid1 liquid1 
or gase\s /ates4  7#c7 ,critical mat]ial
 ,! t]m critical mat]ial has ! mean+    
giv5 su* t]m 9 section #gjjb7;a77#b7 ( !
 ,en]gy ,act ( #bjbj 7#cj ,u4,s4,c4     
#afjf7;a77#b774  7#d7 ,critical mat]ial 
supply *a9 ,! t]m critical mat]ial      
supply *a9 means ! lifecycle ( a        

critical mat]ial1 includ+ ! extraction1 
process+ or ref9+1 conv]sion1 & recycl+ 
( a critical mat]ial4  7#e7 ,=eign      
c\ntry ( conc]n ,! t]m =eign c\ntry (   
conc]n has ! mean+ giv5 su* t]m 9       
section #iija ( ! ,william ,m4 7,mac7   
,?ornb]ry ,national ,def5se             
,au?orization ,act = ,fiscal ,ye> #bjba 
7#ae ,u4,s4,c4 #dfea74  7#f7 ,=eign     
entity ( conc]n ,! t]m =eign entity (   
conc]n has ! mean+ giv5 su* t]m 9       
section #iija ( ! ,william ,m4 7,mac7   
,?ornb]ry ,national ,def5se             
,au?orization ,act = ,fiscal ,ye> #bjba 
7#ae ,u4,s4,c4 #dfea74  7#g7 ,qualifi$  
sub/itute ,! t]m qualifi$ sub/itute     
means any v]ifiable alt]native to a     
critical mat]ial1 includ+ conv]t$       
critical mat]ial comp\nds1 able to c>ry 
out an ess5tial function 7z su* t]m is  
us$ 9 section #gjjb7;a77#b77;ii7 ( !    
,en]gy ,act ( #bjbj 7#cj ,u4,s4,c4      
#afjf7;a77#b77;ii777 ( a critical       
mat]ial4  7#h7 ,recycl+ ,! t]m recycl+  
means ! process ( collect+ & process+   

sp5t mat]ials & devices & turn+ !       
mat]ials & devices into raw mat]ials or 
compon5ts t c be reus$ ei!r p>tially or 
completely4  7#i7 ,ref9$ or purifi$     
critical mat]ial ,! t]m ref9$ or purifi$
 critical mat]ial means a critical      
mat]ial t has und]gone any relevant     
manufactur+ process to remove impurities
 & to meet indu/ry /&>ds ( purity or    
conc5tration = d[n/ream use cases       
po/-extraction or recycl+4  7#aj7       
,te*nical /&>d ,! t]m te*nical /&>d has 
! mean+ giv5 su* t]m 9 section          
#ab7;d77#e7 ( ! ,national ,te*nology    
,transf] & ,advancem5t ,act ( #aiie 7#ae
 ,u4,s4,c4 #bgb note74