,i  #aai? ,,congress  #b;d ,session  ,h4
 ,r4 #gefc  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,febru>y #ab1         
#bjbf,ms4 ,tokuda 7= h]self & ,mr4 ,dunn
 ( ,florida7 introduc$ ! foll[+ bill2   
:i* 0 ref]r$ to ! ,committee on ,=eign  
,affairs1 & 9 addition to ! ,committees 
on ,ways & ,means1 & ,en]gy & ,comm]ce1 
= 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   
prohibit ! importation ( c]ta9 r>e e>?  
magnets f cov]$ nations1 & = o!r        
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,r>e ,e>? ,magnet ,m>ket   
,revitalization ,act4  #b4 ,f9d+s2 s5se 
( ,congress  7a7 ,f9d+s ,congress f9ds !
 foll[+3 7#a7 ,price & m>ket            
manipulation by ! ,p's ,republic ( ,*9a 
has r$uc$ ! inc5tive = private inve/m5t 
9 r>e e>? magnet process+1 ref9+1 &     
production 9 ! ,unit$ ,/ates & p>tn]    
c\ntries4  7#b7 ,?is has creat$         
unacceptable vuln]abilities to ! supply 

*a9s = comm]cial & milit>y products t   
rely ^u r>e e>? magnets4  7b7 ,s5se (   
,congress ,x is ! s5se ( ,congress t !  
,secret>y ( ,comm]ce %\ld be emp[]$ to  
ensure t ,unit$ ,/ates-bas$ manufactur]s
 acquire r>e e>? magnets f ,unit$ ,/ates
 or p>tn] s\rces to ! ext5t !y are      
available4  #c4 ,limitation on          
importation ( r>e e>? magnets  7a7 ,9   
g5]al ,! ,presid5t1 act+ ?r\gh !        
,secret>y ( ,comm]ce1 %all take su* /eps
 z may be necess>y to ensure t1 except z
 provid$ 9 subsection 7b71 no articles  
are import$ into ! cu/oms t]ritory ( !  
,unit$ ,/ates t-- 7#a7 are r>e e>?      
compon5ts or r>e e>? magnets orig9at+ f 
"o or m cov]$ nations2 or  7#b7         
incorporate r>e e>? magnets orig9at+ f  
"o or m cov]$ nations4  7b7 ,exceptions 
7#a7 ,nonavailability  7,a7 ,9 g5]al    
,except z provid$ 9 subp>agraph 7,b71 ! 
,secret>y %all waive ! prohibition "u   
subsection 7a7 on a case-by-case basis  
^u c]tification by ! import] t-- 7i7 )  
respect to ! importation ( r>e e>?      

compon5ts or r>e e>? magnets1 su*       
articles _c be practicably s\rc$ f a    
c\ntry t is n a cov]$ nation2 or  7ii7 )
 respect to an article incorporat+ r>e  
e>? magnets1 su* article _c be          
practicably assembl$ )\t ! incorporation
 ( r>e e>? magnets orig9at+ f "o or m   
cov]$ nations4  7,b7 ,ov]ride ,!        
,secret>y may elect n to waive !        
prohibition despite a c]tification "u   
subp>agraph 7,a7 if ! ,secret>y det]m9es
 t alt]native practicable s\rc+ is      
available = ! relevant article or       
articles4  7#b7 ,national int]e/ ,!     
,secret>y may waive ! prohibition "u    
subsection 7a7 on a case-by-case basis  
if ! ,secret>y det]m9es t su* waiv] is 9
 ! national int]e/4  7#c7 ,publication  
,! ,secret>y %all publi%1 on a publicly 
available website ( ! ,dep>tm5t (       
,comm]ce1 a li/ ( ea* import] t has     
receiv$ a waiv] "u ?is subsection1 along
 ) ! am\nt & type ( r>e e>? magnets     
import$ pursuant to su* waiv]4 ,!       
,secret>y %all also publi% to su*       

website on an annual basis an aggregate 
report describ+ ! waiv]s grant$ dur+ !  
prec$+ ye>4  7c7 ,applicability ,!      
limitation "u ?is section %all apply )  
respect to articles import$ into !      
cu/oms t]ritory ( ! ,unit$ ,/ates aft] !
 date t is #a ye> aft] ! date ( !       
enactm5t ( ?is ,act4  #d4 ,limitation on
 exportation ( electronic wa/e conta9+  
r>e e>? magnets ,! ,secret>y ( ,comm]ce 
is au?oriz$ to promulgate su*           
regulations z may be necess>y to        
prohibit ! exportation ( high-value     
electronic wa/e t conta9s r>e e>?       
magnets to ! ext5t t ! ,secret>y        
det]m9es t su* wa/e c\ld be recycl$ or  
repurpos$ 9 ! ,unit$ ,/ates to extract  
su* r>e e>? magnets = use 9 new         
products4  #e4 ,au?ority to provide     
(ftake agreem5ts or price gu>antees =   
r>e e>? magnets  7a7 ,9 g5]al ,subject  
to ! availability ( appropriations & to 
su* regulations z ! ,secret>y ( ,comm]ce
 may promulgate1 ! ,secret>y is au?oriz$
 to provide ,f$]al f9ancial assi/ance 9 

! =m ( (ftake agreem5ts or price        
gu>antees to any nongov]nm5tal entity ! 
,secret>y det]m9es has inve/$ 9         
facilities & equipm5t = ! manufactur+1  
production1 process+1 or recycl+ ( r>e  
e>? compon5ts or r>e e>? magnets 9      
c\ntries t are n cov]$ nations4  7b7    
,publication ,n lat] ?an #cj days aft]  
mak+ any aw>d ( assi/ance pursuant to ! 
au?orization "u subsection 7a71 !       
,secret>y %all publi% on a publicly     
available website ( ! ,dep>tm5t ! t]ms &
 recipi5t ( ! assi/ance s aw>d$4  #f4   
,report ,n lat] ?an #c ye>s aft] ! date 
( ! enactm5t ( ?is ,act1 ! ,secret>y (  
,comm]ce %all submit to ! ,committee on 
,en]gy & ,comm]ce ( ! ,h\se (           
,repres5tatives & ! ,committee on       
,comm]ce1 ,sci5ce1 & ,transportation ( !
 ,s5ate a report describ+ ! mann] &     
ext5t to :i* ! limitations "u ?is ,act h
 be5 implem5t$1 ! assessm5t ( !         
,secret>y relat+ to _! success at       
develop+ a secure supply ( r>e e>?      
magnets1 & any recomm5dations ) respect 

to exp&+ su* limitations to include all 
critical m9]als4  #g4 ,def9itions ,9 ?is
 ,act3 7#a7 ,cov]$ nation ,! t]m cov]$  
nation has ! mean+ giv5 t t]m 9 section 
#dhgb ( title #aj1 ,unit$ ,/ates ,code4 
7#b7 ,r>e e>? compon5t ,! t]m r>e e>?   
compon5t means sam>ium1 cobalt1         
neodymium1 iron1 & boron1 to ! ext5t su*
 mat]ials are int5d$ = use 9 ! creation 
( a r>e e>? magnet4  7#c7 ,r>e e>?      
magnet ,! t]m r>e e>? magnet means      
sam>ium-cobalt magnets &                
neodymium-iron-boron magnets4