H.R. 4977 · 118th Congress
Critical Mineral Access Act
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
CarterSponsor1 cosponsor · 1 D
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill authorizes the U.S. International Development Finance Corporation (DFC) to provide support to high-income economy countries for developing or processing certain critical materials (such as aluminum, chromium, and rare earth elements). The support must further U.S. national security interests.
What it does: CRS summary · Introduced in House · Jul 27, 2023
Critical Mineral Access Act
This bill authorizes the U.S. International Development Finance Corporation (DFC) to provide support to high-income economy countries for developing or processing certain critical materials (such as aluminum, chromium, and rare earth elements). The support must further U.S. national security interests. For the purposes of this support, a high-income economy country is one classified as such by the International Bank for Reconstruction and Development and the International Development Association (two World Bank Group institutions).
Under current law, the DFC generally prioritizes facilitating private investment in less-developed countries and countries transitioning to market economies to advance U.S. foreign policy interests.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Critical Mineral Access Act
Latest action (Jul 27, 2023): Referred to the House Committee on Foreign Affairs.
Policy area: International Affairs · Origin: House · Introduced: Jul 27, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.