GovTrack’s Bill Summary
We don’t have a summary available yet.
The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.
We don’t have a summary available yet.
The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.
The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.
This summary can be found at http://www.gop.gov/bill/111/2/hr6160.
According to the Science and Technology Committee, China currently holds control of approximately 90-97 percent of the world’s supply of rare earth materials. China has imposed export quotas on many of these rare earth materials in 2006, and has consistently increased those quotas since then.
The bill would establish a program within the Department of Energy to research and develop advancing technology to assure the long-term, secure, and sustainable supply of rare earth materials sufficient to satisfy the national security, economic well-being, and industrial production needs of the U.S.
The bill would require the Department of Energy to establish a program to research, develop, demonstrate, and enhance the commercial application of rare earth materials for the nation’s security, economic, and industrial needs. (Rare earth materials would include the following chemical elements: scandium, yttrium, lanthanum, cerium, praseodymium, neodymium, promethium, samarium, europium, gadolinium, terbium, dysprosium, holmium, erbium, thulium, ytterbium, and lutetium).
The program would authorize the Department of Energy to better characterize and quantify stocks of rare earth materials using theoretical geochemical research, discover rare materials using advanced science and technology, improve methods for extraction, and identify and test alternative materials that can be substituted for rare earth materials.
The bill would authorize to be appropriated to the Secretary of Energy the following sums:
Lastly, the bill would allow the Department of Energy to make loan guarantees for the commercial application of new or improved technologies for the separation, recovery, or application of rare earth materials. Loan guarantees could be approved for the application of rare earth materials in the production of improved magnets, batteries, refrigeration systems, optical systems, electronics, and catalysis. The authority to enter into guarantees would expire September 30, 2015.
Possible Member Concerns: This bill would increase spending, and provide taxpayer subsidized loans to private companies that are associated with the commercial use of rare earth matierals.
There is currently no CBO score for H.R. 6160.
The House Democratic Caucus does not provide summaries of bills.
So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.
We’ll be looking for a source of summaries from the other side in the meanwhile.
The bill contains the following citations to other parts of U.S. law:
Slip laws refer to enacted bills and joint resolutions in their original form as enacted by Congress, that is, before other laws amend them. Slip laws are cited as “Public Law XXX-YYY”, where XXX is the number of the Congress in which the bill or resolution was introduced.
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The United States Statutes at Large is the compilation of all laws enacted by Congress.