TECHNICAL AND CLARIFYING AMENDMENTS

SEC. 1503. TECHNICAL AND CLARIFYING AMENDMENTS (a) Semi-Annual Report.—Section 11(a) of the Strategic and Critical Materials Stock Piling Act (50 U.S.C. 98h–2(a)) is amended— (1) by redesignating paragraphs (3) and (4) as paragraphs (5) and (6), respectively; and (2) by inserting after paragraph (2) the following new paragraphs: “(3) information with respect to the activities by the Stockpile Manager to encourage the conservation, substitution, and development of strategic and critical materials within the United States; “(4) information with respect to the research and development activities conducted under sections 2 and 8;”. (b) Annual Materials Plan.—Section 11(b) of such Act (50 U.S.C. 98h–2(b)) is amended— (1) in the first sentence, by striking out “such fiscal year” and inserting in lieu thereof “the next fiscal year”; (2) in the second sentence, by striking out “planned” and all that follows through “critical materials” and inserting in lieu thereof “all planned expenditures from the National Defense Stockpile Transaction Fund”; and (3) by adding at the end the following new sentence: “Any proposed expenditure or disposal detailed in the annual materials plan for any such fiscal year, and any expenditure or disposal proposed in connection with any transaction submitted for such fiscal year to the appropriate committees of Congress pursuant to section 5(a)(2), that is not obligated or executed in that fiscal year may not be obligated or executed until such proposed expenditure or disposal is resubmitted in a subsequent annual materials plan or is resubmitted to the appropriate committees of Congress in accordance with section 5(a)(2), as appropriate.”.