National Defense Stockpile Modernization Act of 1992

Summary

National Defense Stockpile Modernization Act of 1992 - Directs the President to dispose of specified excess or obsolete materials in the National Defense Stockpile (NDS), in specified amounts. Limits the disposal of silver to coin only. Repeals all previous disposal authority of the President or the NDS Stockpile Manager. Directs the President to acquire additional quantities of strategic and critical materials for the NDS determined to be in deficient supply. Requires the disposals and acquisitions mandated under this Act to be completed by the end of FY 2002 and accomplished in compliance with requirements of the Strategic and Critical Materials Stock Piling Act. Authorizes the President to use barter arrangements to achieve such disposals and acquisitions. Outlines provisions for: (1) annual quantity rates for acquisitions and disposals; (2) deposits of proceeds from sales of disposed materials into the National Defense Stockpile Transaction Fund; and (3) use of such proceeds for materials acquisitions. Directs the President to report to the Congress on the manner in which the President will implement and carry out the disposals and acquisitions required under this Act. Amends the Strategic and Critical Materials Stock Piling Act to repeal a requirement prohibiting a stockpile disposal that would result in an unobligated balance in the Fund in excess of $100,000,000.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 30 March 1992

   Introduced

   Referred to the House Committee on Armed Services.

   Source: IntroReferral

2. 30 March 1992

   Introduced

   Introduced in House

   Source: IntroReferral

3. 30 March 1992

   Introduced

   Introduced in House

   Source: IntroReferral

4. 8 April 1992

   Referred

   Referred to the Subcommittee on Seapower and Strategic and Critical Materials.

   Source: Committee

5. 8 April 1992

   Committee

   Executive Comment Requested from DOD.

   Source: Committee

6. 29 April 1992

   Committee

   Subcommittee Hearings Held.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · — · Download file

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 30 March 1992

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Bennett, Charles E. [D-FL-3] · D · Sponsor
• Rep. Spence, Floyd [R-SC-2] · R · Sponsor
• Rep. Pallone, Frank [D-NJ-6] · D · Cosponsor
• Rep. Schaefer, Dan [R-CO-6] · R · Cosponsor
• · hsas00 · Standing

Related records

No cross-record relationships stored yet.