102 STAT. 2086
PUBLIC LAW 100-456—SEPT. 29, 1988
SEC. 1502. AUTHORIZATION OF ACQUISITIONS President of U.S.
Reports.
(a) ACQUISITIONS.—During fiscal year 1989, the President shall obligate $180,000,000 out of the funds of the National Defense Stockpile Transaction Fund (subject to such limitations as may be provided in appropriations Acts) for the following purposes: (1) The acquisition of strategic and critical materials under section 6(a)(l) of the Strategic and Critical Materials Stock Piling Act (50 U.S.C. 98e(a)(l)). (2) Transportation, storage, and other incidental expenses related to such acquisition. (3) The upgrading of stockpile materials under section 6(a)(3) of such Act (50 U.S.C. 98e(a)(3)) and evaluations, tests, and other incidental expenses related to such u i ^ a d e s. (4) Other authorized uses of such funds under section 90^X2) of such Act (50 U.S.C. 98h(b)(2)). (b) N E W UPGRADE PROGRAMS.—Of the amount specified in subsection (a), at least $20,000,000 shall be obligated to initiate new programs for upgrading stockpile materials. The Stockpile Manager shall submit to Congress by October 1, 1988, a report containing a plan for the use of such $20,000,000 for upgrading stockpile materials. 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-20t))) is amended— (1) in the first sentence, by striking out "such fiscal year" and inserting in lieu thereof "the next Hscal 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 m a t ^ rials 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.".
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