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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Jul 16, 1996.
Amends the Mining and Mineral Resources Research Institute Act of 1984 to authorize appropriations for an institute or institutes experienced in investigating the continental shelf regions of the United States, the deep seabed and near shore environments of islands, and the Arctic and cold water regions as a source for nonfuel minerals. Mandates that the institutes use such funds to assist in developing domestic technological capabilities required for environmentally sound location and recovery of minerals (other than oil and gas) from such seabeds. Renames the Mining and Mineral Resources Research Institute Act of 1984 as the Mining and Mineral Resources Institutes Act.
