DPA Modernization Act of 2026

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 7688 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 7688 To modernize and reauthorize the Defense Production Act of 1950, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES February 25, 2026 Mr. Davidson (for himself, Mrs. Beatty, Mr. Huizenga, Mr. Vargas, and Mr. Nunn of Iowa) introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To modernize and reauthorize the Defense Production Act of 1950, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``DPA Modernization Act of 2026''. SEC. 2. PRIORITIES AND ALLOCATIONS. Title I of the Defense Production Act of 1950 (50 U.S.C. 4511 et seq.) is amended-- (1) in section 101-- (A) by striking ``he'' each place such term appears and inserting ``the President''; (B) in subsection (a), by striking ``or appropriat…