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50 U.S.C. § 98e2 50 u.s.c. · arsenals, armories, arms, and war materi · title 50
50 U.S.C. § 98e2
Multiyear procurement authority for domestically processed critical minerals
Title 50 USC
● ACTIVE
Ch. 5
Jurisdiction Federal — United States
Chapter ARSENALS, ARMORIES, ARMS, AND WAR MATERIAL GENERALLY
Primary Source uscode.house.gov ↗
Federation ID OM-USC50-SEC-AACB74
STATUTORY TEXT primary source · verbatim · uscode.house.gov

U.S.C. Title 50 - WAR AND NATIONAL DEFENSE 50 U.S.C. United States Code, 2023 Edition Title 50 - WAR AND NATIONAL DEFENSE CHAPTER 5 - ARSENALS, ARMORIES, ARMS, AND WAR MATERIAL GENERALLY SUBCHAPTER III - ACQUISITION AND DEVELOPMENT OF STRATEGIC RAW MATERIALS Sec. 98e-2 - Multiyear procurement authority for domestically processed critical minerals From the U.S. Government Publishing Office, www.gpo.gov

§98e–2. Multiyear procurement authority for domestically processed critical minerals

(a) Authority for multiyear procurement Subject to section 3501 of title 10 and from amounts made available by discretionary appropriations Acts from the National Defense Stockpile Transaction Fund (as established under section 9(a) of the Strategic and Critical Materials Stock Piling Act (50 U.S.C. 98h(a))) after December 22, 2023, the Secretary of Defense may enter into one or more multiyear contracts for the procurement of critical minerals that are processed in the United States by domestic sources. (b) Application of Strategic and Critical Materials Stock Piling Act A multiyear contract entered into under this section shall be deemed to be an acquisition under the Strategic and Critical Materials Stock Piling Act (50 U.S.C. 98 et seq.). (c) Authority for advance procurement The Secretary of Defense may enter into one or more contracts, beginning in fiscal year 2024, for advance procurement associated with the domestically processed critical minerals for which authorization to enter into a multiyear procurement contract is provided under subsection (a). (d) Condition for out-year contract payments A contract entered into under subsection (a) shall provide that any obligation of the United States to make a payment under the contract for a fiscal year after fiscal year 2024 is subject to the availability of appropriations or funds for that purpose for such later fiscal year. (e) Definitions In this section: (1) The term "critical mineral" means a mineral determined to be a strategic and critical material under section 3(a) of the Strategic and Critical Materials Stock Piling Act (50 U.S.C. 98b(a)). (2) The term "processed" means the processing or recycling of a critical mineral or magnet, including the separation, reduction, metallization, alloying, milling, pressing, strip casting, and sintering of a critical mineral. (3) The term "domestic source" has the meaning given that term in section 4552 of this title.

(Pub. L. 118–31, div. A, title I, §152, Dec. 22, 2023, 137 Stat. 180.)

Editorial Notes

References in Text The Strategic and Critical Materials Stock Piling Act, referred to in subsec. (b), is act June 7, 1939, ch. 190, as added Pub. L. 96–41, §2(a), July 30, 1979, 93 Stat. 319, which is classified generally to this subchapter. For complete classification of this Act to the Code, see Tables.

Codification Section was enacted as part of the National Defense Authorization Act for Fiscal Year 2024, and not as part of the Strategic and Critical Materials Stock Piling Act which comprises this subchapter.

Source: uscode.house.gov — public domain Official Source ↗
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The statutory text of 50 U.S.C. § 98e2 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
OakMorel Law
50 U.S.C.
Citation
50 U.S.C. § 98e2
Status
● ACTIVE
Chapter
5 — ARSENALS, ARMORIES, ARMS, AND WAR MATERIAL GENERALLY
Title
War and National Defense
Jurisdiction
Federal
Federation ID
OM-USC50-SEC-AACB74
Root-LD Spec
v1.0
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War and National Defense — 50 U.S.C. § 98e2