
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 50USC98h-6]

 
                   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. 98h-6. Development of domestic sources


(a) Purchase of materials of domestic origin; processing of materials in 
        domestic facilities

    Subject to subsection (c) of this section and to the extent the 
President determines such action is required for the national defense, 
the President shall encourage the development of domestic sources for 
materials determined pursuant to section 98b(a) of this title to be 
strategic and critical materials--
        (1) by purchasing, or making a commitment to purchase, strategic 
    and critical materials of domestic origin when such materials are 
    needed for the stockpile; and
        (2) by contracting with domestic facilities, or making a 
    commitment to contract with domestic facilities, for the processing 
    or refining of strategic and critical materials in the stockpile 
    when processing or refining is necessary to convert such materials 
    into a form more suitable for storage and subsequent disposition.

(b) Terms and conditions of contracts and commitments

    A contract or commitment made under subsection (a) of this section 
may not exceed five years from the date of the contract or commitment. 
Such purchases and commitments to purchase may be made for such 
quantities and on such terms and conditions, including advance payments, 
as the President considers to be necessary.

(c) Proposed transactions included in annual materials plan; 
        availability of funds

    (1) Descriptions of proposed transactions under subsection (a) of 
this section shall be included in the appropriate annual materials plan 
submitted to Congress under section 98h-2(b) of this title. Changes to 
any such transaction, or the addition of a transaction not included in 
such plan, shall be made in the manner provided by section 98d(a)(2) of 
this title.
    (2) The authority of the President to enter into obligations under 
this section is effective for any fiscal year only to the extent that 
funds in the National Defense Stockpile Transaction Fund are adequate to 
meet such obligations. Payments required to be as a result of 
obligations incurred under this section shall be made from amounts in 
the fund.

(d) Transportation and incidental expenses

    The authority of the President under subsection (a) of this section 
includes the authority to pay--
        (1) the expenses of transporting materials; and
        (2) other incidental expenses related to carrying out such 
    subsection.

(e) Reports

    The President shall include in the reports required under section 
98h-2(a) of this title information with respect to activities conducted 
under this section.

(June 7, 1939, ch. 190, Sec. 15, as added Pub. L. 101-189, div. C, title 
XXXIII, Sec. 3312(a), Nov. 29, 1989, 103 Stat. 1687.)

                  Section Referred to in Other Sections

    This section is referred to in section 98h of this title.
