DISPOSAL OF CERTAIN MATERIALS IN NATIONAL DEFENSE STOCKPILE.

SEC. 3402. DISPOSAL OF CERTAIN MATERIALS IN NATIONAL DEFENSE STOCKPILE. (a) Disposal Required.—Subject to subsection (c), the President shall make disposals from the National Defense Stockpile of materials in quantities as follows: (1) Beryllium metal, 250 short tons. (2) Chromium ferro alloy, 496,204 short tons. (3) Chromium metal, 5,000 short tons. (4) Palladium, 497,271 troy ounces. (b) Management of Disposal to Achieve Objectives for Receipts.—The President shall manage the disposal of materials under subsection (a) so as to result in receipts to the United States in amounts equal to— (1) $10,000,000 during fiscal year 2000; (2) $100,000,000 during the 5-fiscal year period ending September 30, 2004; and (3) $300,000,000 during the 10-fiscal year period ending September 30, 2009.113 STAT. 973 (c) Minimization of Disruption and Loss.—The President may not dispose of the material 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) Disposition 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 under subsection (a) 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) Increased Receipts Under Prior Disposal Authority.—(1) Section 3303(a)(2) of the National Defense Authorization Act for Fiscal Year 1997 (Public Law 104–201; 110 Stat. 2855; 50 U.S.C. 98d note) is amended by striking “$612,000,000” and inserting “$720,000,000”. (2) Section 3305(a) of the National Defense Authorization Act for Fiscal Year 1998 (Public Law 105–85; 111 Stat. 2057; 50 U.S.C. 98d note) is amended— (A) in paragraph (2), by striking “$30,000,000” and inserting “$50,000,000”; (B) in paragraph (3), by striking “$34,000,000” and inserting “$64,000,000”; and (C) in paragraph (4), by striking “$34,000,000” and inserting “$67,000,000”. (g) Elimination of Disposal Restrictions on Earlier Disposal Authority.—Section 3303 of the National Defense Authorization Act for Fiscal Year 1996 (Public Law 104–106; 110 Stat. 629) is repealed.