HR 4977 · 118th Congress · International Affairs

Critical Mineral Access Act

Introduced 2023-07-27· Sponsored by Rep. Carter, Earl L. "Buddy" [R-GA-1]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Foreign Affairs.(2023-07-27)

Plain Language Summary

[AI summary unavailable — showing source text] Critical Mineral Access Act This bill authorizes the U.S. International Development Finance Corporation (DFC) to provide support to high-income economy countries for developing or processing certain critical materials (such as aluminum, chromium, and rare earth elements). The support must further U.S. national security interests. For the purposes of this support, a  high-income economy country is one classified as such by the International Bank for Reconstruction and Development and the International Development Association (two World Bank Group institutions).  Under current law, the DFC generally prioritizes facilitating private investment in less-developed countries and countries transitioning to market economies to advance U.S. foreign policy interests.     …

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Democrat