MATERIALS DEVELOPMENT AND RESEARCH.

SEC. 3311. MATERIALS DEVELOPMENT AND RESEARCH. (a) Availability of National Defense Stockpile Transaction Fund for Development and Research.—Section 9(b)(2) of the Strategic and Critical Materials Stock Piling Act (50 U.S.C. 98h(b)(2)) is amended by adding at the end the following new subparagraph: “(G) Contracting under competitive procedures for materials development and research to— “(i) improve the quality and availability of materials stockpiled from time to time in the stockpile; and “(ii) develop new materials for the stockpile.”. (b) Matters To Be Discussed in Annual Materials Plan.—Section 11(b) of the Strategic and Critical Materials Stock Piling Act (50 U.S.C. 98h–2(b)) is amended— (1) by designating the first, second, and third sentences as paragraphs (1), (2), and (3), respectively, and adjusting the margins of those paragraphs; and (2) by adding at the end of paragraph (2), as so designated, the following new sentences: “Each such report shall also contain details regarding the materials development and research projects to be conducted under section 9(b)(2)(G) during the fiscal years covered by the report. With respect to each development and research project, the report shall specify the amount planned to be expended from the fund, the material intended to be developed, the potential military or defense industrial applications for that material, and the development and research methodologies to be used.”.