AUTHORITY TO DISPOSE OF CERTAIN MATERIALS IN NATIONAL DEFENSE STOCKPILE.

SEC. 3303. AUTHORITY TO DISPOSE OF CERTAIN MATERIALS IN NATIONAL DEFENSE STOCKPILE. (a) Disposal Required.— Subject to subsection (c), the President shall dispose of materials contained in the National Defense Stockpile and specified in the table in subsection (b) so as to result in receipts to the United States in the amount of— (1) $105,000,000 by the end of fiscal year 1999; (2) $460,000,000 by the end of fiscal year 2002; (3) $555,000,000 by the end of fiscal year 2003; and (4) $590,000,000 by the end of fiscal year 2005. (b) Limitation on Disposal Quantity.— The total quantities of materials authorized for disposal by the President under subsection (a) may not exceed the amounts set forth in the following table: Authorized Stockpile Disposals Material for disposal Quantity Bauxite Refractory 29,000 long calcined ton Beryllium Metal 100 short tons Chromite Chemical 34,000 short dry tons Chromite Refractory 159,000 short dry tons Chromium Ferroalloy 125,000 short tons Columbiiun Carbide Powder 21,372 pounds of contained Columbium Coliunbium Concentrates 1,733,454 pounds of contained Columbium Columbium Ferro 249,396 pounds of contained Columbium Columbium Metal—Ingots 161,123 pounds of contained Columbium Diamond, Stones 3,000,000 carats Germanium Metal 28,198 kilograms Graphite Natural Ceylon Lump 5,492 short tons Indium 14,248 troy ounces Mica Muscovite Block 301,000 pounds Mica Phlogopite Block 130,745 pounds Platinum 439,887 troy ounces Platinum—Iridium 4,450 troy ounces Platinum—Palladium 750,000 troy ounces Tantalum Carbide Powder 22,688 pounds of contained Tantalum Tantalum Metal Ingots 125,000 pounds of contained Tantalum Tantalum Metal Powder 125,000 pounds of contained Tantalum Tantalum Minerals 1,751,364 pounds of contained Tantalum Tantalum Oxide 122,730 pounds of contained Tantalum Tungsten Carbide Powder 2,032,896 pounds of contained Tungsten Tungsten Ferro 2,024,143 pounds of contained Tungsten Tungsten Metal Powder 1,898,009 pounds of contained Tungsten 112 STAT. 2264 Authorized Stockpile Disposals—Continued Material for disposal Quantity Tungsten Ores & Concentrates 76,358,235 pounds of contained Tungsten (c) Minimization of Disruption and Loss.— The President may not dispose of materials under subsection (a) to the extent that the disposal will result in— (1) undue disruption of the usual markets of producers, processors, and consumers of the materials proposed for disposal; or (2) avoidable loss to the United States. (d) Treatment of Receipts.— Notwithstanding section 9 of the Strategic and Critical Materials Stock Piling Act (50 U.S.C. 98h), funds received as a result of the disposal of materials authorized for disposal under subsection (a) shall be treated as follows: (1) The following amounts shall be transferred to the Secretary of Health and Human Services, to be credited in the manner determined by the Secretary to the Federal Hospital Insurance Trust Fund and the Federal Supplementary Medical Insurance Trust Fund: (A) $3,000,000 during fiscal year 1999. (B) $22,000,000 during fiscal year 2000. (C) $28,000,000 during fiscal year 2001. (D) $31,000,000 during fiscal year 2002. (E) $8,000,000 during fiscal year 2003. (2) The balance of the funds received shall be deposited into the general fund of the Treasury. (e) Relationship to Other Disposal Authority— The disposal authority provided in subsection (a) is new disposal authority and is in addition to, and shall not affect, any other disposal authority provided by law regarding the materials specified in such subsection. (f) Authorization of Sale.— The authority provided by this section to dispose of materials contained in the National Defense Stockpile so as to result in receipts of $100,000,000 of the amount specified for fiscal year 1999 in subsection (a) by the end of that fiscal year shall be effective only to the extent provided in advance in appropriation Acts.