legislation: 97-s-2961

Congressional bills and resolutions from Congress.gov, filtered to policy areas relevant to environmental, health, agriculture, and wildlife regulation.

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
97-s-2961 97 s 2961 Defense Production Act Amendments of 1982 (Defense Preparedness) Armed Forces and National Security 1982-09-27 1982-09-27 Read twice and referred to the Committee on Banking. Senate Sen. Warner, John [R-VA] VA R W000154 2 Title I: Extension of Defense Production Act of 1950 - Amends the Defense Production Act of 1950 to extend it through FY 1983. Title II: Contracts for Improved Defense Preparedness - Defense Production Act Amendments of 1982 (Defense Preparedness) - Amends the Defense Production Act of 1950 to permit the President to make contracts for purchases or to encourage the mining of critical and strategic minerals, metals, and materials. Limits such a contract to a $500,000,000 maximum unless the Armed Services Committees are given 30 days notice and neither House adopts a resolution of disapproval. Requires such contracts to give the President the right to refuse delivery and to pay only the amount by which the contract price exceeds the market price at time of delivery. Directs the President to report to Congress at least once a year on the gross amounts of each such transaction. Makes funds available from specified appropriations for such contracts. Directs the President to minimize the financial risk and commitment to the Federal Government when making loan guarantees, loans to private enterprises, and development contracts. Requires the President to report to Congress not later than January 31 of each year concerning the operation of these provisions. 2025-08-29T19:51:51Z  

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