Legis Daily

REEShore Act of 2022

USA117th CongressHR-8272| House 
| Updated: 7/1/2022
Elissa Slotkin

Elissa Slotkin

Democratic Representative

Michigan

Cosponsors (1)
Michael Waltz (Republican)

Financial Services Committee, Armed Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Restoring Essential Energy and Security Holdings Onshore for Rare Earths Act of 2022 or the REEShore Act of 2022 This bill requires the inclusion of rare earth elements and certain other critical minerals in the National Defense Stockpile and sets out other requirements related to those elements and minerals. Specifically, the bill requires defense contractors to disclose the provenance of permanent magnets that contain those elements or minerals and expands prohibitions that restrict the Department of Defense from procuring goods or services, including those elements and minerals, from companies affiliated with China. The bill also expands the President's authorities under the Defense Production Act of 1950 to support domestic sources for those elements and minerals. (The Defense Production Act of 1950 confers on the President a broad set of authorities to influence domestic industry in order to provide essential materials and goods needed for the national defense.)
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Timeline
Jan 20, 2022

Latest Companion Bill Action

S 117-3530
Introduced in Senate
Jul 1, 2022
Introduced in House
Jul 1, 2022
Referred to the Committee on Armed Services, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
  • January 20, 2022

    Latest Companion Bill Action

    S 117-3530
    Introduced in Senate


  • July 1, 2022
    Introduced in House


  • July 1, 2022
    Referred to the Committee on Armed Services, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Energy

REEShore Act of 2022

USA117th CongressHR-8272| House 
| Updated: 7/1/2022
Restoring Essential Energy and Security Holdings Onshore for Rare Earths Act of 2022 or the REEShore Act of 2022 This bill requires the inclusion of rare earth elements and certain other critical minerals in the National Defense Stockpile and sets out other requirements related to those elements and minerals. Specifically, the bill requires defense contractors to disclose the provenance of permanent magnets that contain those elements or minerals and expands prohibitions that restrict the Department of Defense from procuring goods or services, including those elements and minerals, from companies affiliated with China. The bill also expands the President's authorities under the Defense Production Act of 1950 to support domestic sources for those elements and minerals. (The Defense Production Act of 1950 confers on the President a broad set of authorities to influence domestic industry in order to provide essential materials and goods needed for the national defense.)
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jan 20, 2022

Latest Companion Bill Action

S 117-3530
Introduced in Senate
Jul 1, 2022
Introduced in House
Jul 1, 2022
Referred to the Committee on Armed Services, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
  • January 20, 2022

    Latest Companion Bill Action

    S 117-3530
    Introduced in Senate


  • July 1, 2022
    Introduced in House


  • July 1, 2022
    Referred to the Committee on Armed Services, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Elissa Slotkin

Elissa Slotkin

Democratic Representative

Michigan

Cosponsors (1)
Michael Waltz (Republican)

Financial Services Committee, Armed Services Committee

Energy

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted