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S 3525 117th Congress Senate Energy

REEShore Act of 2022

Introduced: January 19, 2022 Introduced by: Cotton, Tom Republican · Arkansas See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 19, 2022
Read twice and referred to the Committee on Energy and Natural Resources.
Jan 19, 2022
Introduced in Senate
 Plain-English summary Congressional Research Service

Restoring Essential Energy and Security Holdings Onshore for Rare Earths Act of 2022 or the REEShore Act of 2022

This bill establishes a strategic reserve of rare earth metals and rare earth metal products and sets out other requirements related to rare earth metals.

Specifically, the bill requires defense contractors to disclose the provenance of rare earth metal permanent magnets and restricts the use of rare earth metals sourced from China in certain defense items and services.

Additionally, the U.S. Trade Representative must investigate China for unfair trade practices related to the rare earth metals market, and the Department of Defense must report on efforts to reduce the dependence of U.S. allies on non-allied sources of rare earth metals.

What's happening now January 19, 2022

Read twice and referred to the Committee on Energy and Natural Resources.

 Committees of jurisdiction 1