AUTHORIZED DISPOSALS

SEC. 1501. AUTHORIZED DISPOSALS (a) Authority.—Notwithstanding section 5(b) of the Strategic and Critical Materials Stock Piling Act (50 U.S.C. 98d(b)) but subject to subsection (c), the President may during fiscal year 1989 dispose of materials in the National Defense Stockpile in accordance with this section. The value of the materials disposed of may not exceed $180,000,000 and may only be made as specified in subsection (b). (b) Material Authorized To Be Disposed.—Any disposal pursuant to the authority in subsection (a) shall be made from materials in the National Defense Stockpile previously authorized for disposal by law and from the following materials in the National Defense Stockpile, such materials having been determined to be excess to stockpile requirements: Material Quantities Asbestos, chrysotile 2,100 short tons Asbestos, crocidolite 36 short tons Celestite 13,500 short dry tons Iodine 772,000 pounds Kyanite 1,200 short dry tons Manganese dioxide, battery grade, natural ore 65,000 short dry tens Mercury 7,500 flasks Mica, muscovite block (S&L) 181,000 pounds Mica, muscovite splittings 750,000 pounds Mica, phlogopite splittings 589,000 pounds Quartz 1,249,000 pounds Silicon Carbide 44,000 short tons Talc, block and lump 990 short tons Talc, ground 1,100 short tons Thorium nitrate 6,520,000 pounds Tin 5,000 metric tons Tungsten ores and concentrates 1,000,000 pounds Vegetable tannin chestnut 3,500 long tons Vegetable tannin quebracho 77,000 long tons. (c) Disposals During Fiscal Year 1989.—The President may dispose of materials under this section during fiscal year 1989 only to the extent that the total amount received (or to be received) from such disposals does not exceed the amount expended from the National Defense Stockpile Transaction Fund during fiscal year 1989 for purposes authorized under section 9(b)(2) of such Act.