Strategic Stockpile Reform Act of 1981

[AI summary unavailable — showing source text] Strategic Stockpile Reform Act of 1981 - Title I: Amendments to the Strategic and Critical Materials Stock Piling Act; Related Amendments - Amends the Strategic and Critical Materials Stock Piling Act to establish an independent agency known as the Strategic Stockpile Commission to develop policy for and manage the National Defense Stockpile. Transfers the authority of the Commission to the President upon a declaration of war or national defense emergency. Requires the Commission, in addition to the functions formerly performed by the President under the Strategic and Critical Materials Stock Piling Act, to insure that materials are maintained in suitable condition. Permits the Commission to administer the sale of materials in foreign countries and dispose of such materials as the Commission considers appropriate. Permits the release of materials whose supply is severely interrupted or restricted and the disposition of materials so long as the quantities of such materials in the Stockpile remain at the necessary minimum. Title II: Amendments to the Defense Production Act - Amends the Defense Production Act of 1950 to make conforming amendments and to authorize the Commission to gua…