to ensure the supply of medical materials (including 
drugs (as defined under the Federal Food, Drug, and 
Cosmetic Act (21 U.S.C. 301 et seq.)), devices, and bi-
ological products (as that term is defined in section 
351 of the Public Health Service Act (42 U.S.C. 262)) 
to diagnose, cure, mitigate, treat, or prevent disease) 
essential to national defense, to the extent necessary 
for the purposes of this Act. 
‘‘(2) An analysis of vulnerabilities to existing 
supply chains for such medical materials, and rec-
ommendations to address the vulnerabilities. 
‘‘(3) Measures to be undertaken by the President 
to diversify such supply chains, as appropriate and 
as required for national defense. 
‘‘(4) A discussion of— 
‘‘(A) any significant effects resulting from 
the plan and measures described in this sub-
section on the production, cost, or distribution of 
biological products or any other devices or drugs; 
‘‘(B) a timeline to ensure that essential 
components of the supply chain for medical ma-
terials are not under the exclusive control of a 
foreign government in a manner that the Presi-
dent determines could threaten the national de-
fense of the United States; and 
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‘‘(C) efforts to mitigate any risks resulting 
from the plan and measures described in this 
subsection to United States competitiveness, sci-
entific leadership, and innovative capacity, in-
cluding efforts to cooperate and proactively en-
gage with United States allies. 
‘‘(b) PROGRESS REPORT.—Following submission of 
the strategy under subsection (a), the President shall submit 
to the appropriate Members of Congress an annual progress 
report until September 30, 2027, evaluating the implemen-
tation of the strategy, and may include updates to the strat-
egy as appropriate. The strategy and progress reports shall 
be submitted in unclassified form but may contain a classi-
fied annex. 
‘‘(c) APPROPRIATE MEMBERS OF CONGRESS.—In this 
section, the term ‘appropriate Members of Congress’ means 
the Speaker, majority leader, and minority leader of the 
House of Representatives, the majority leader and minority 
leader of the Senate, the Chairman and Ranking Member 
of the Committee on Financial Services of the House of Rep-
resentatives, and the Chairman and Ranking Member of the 
Committee on Banking, Housing, and Urban Affairs of the 
Senate.’’. 
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SEC. 3. INVESTMENT IN SUPPLY CHAIN SECURITY. 
(a) IN GENERAL.—Section 303 of the Defense Produc-
tion Act of 1950 (50 U.S.C. 4533) is amended by adding 
at the end the following: 
‘‘(h) INVESTMENT IN SUPPLY CHAIN SECURITY.— 
‘‘(1) IN GENERAL.—In addition to other authori-
ties in this title, the President may make available to 
an eligible entity described in paragraph (2) pay-
ments to increase the security of supply chains and 
supply chain activities, if the President certifies to 
Congress not less than 30 days before making such a 
payment that the payment is critical to meet national 
defense requirements of the United States. 
‘‘(2) ELIGIBLE ENTITY.—An eligible entity de-
scribed in this paragraph is an entity that— 
‘‘(A) is organized under the laws of the 
United States or any jurisdiction within the 
United States; and 
‘‘(B) produces— 
‘‘(i) one or more critical components; 
‘‘(ii) critical technology; or 
‘‘(iii) one or more products or raw ma-
terials for the security of supply chains or 
supply chain activities. 
‘‘(3) DEFINITIONS.—In this subsection, the terms 
‘supply chain’ and ‘supply chain activities’ have the 
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meanings given those terms by the President by regu-
lation.’’. 
(b) REGULATIONS.— 
(1) IN GENERAL.—Not later than 90 days after 
the date of the enactment of this Act, the President 
shall prescribe regulations setting forth definitions for 
the terms ‘‘supply chain’’ and ‘‘supply chain activi-
ties’’ for the purposes of section 303(h) of the Defense 
Production Act of 1950 (50 U.S.C. 4533(h)), as added 
by subsection (a). 
(2) SCOPE OF DEFINITIONS.—The definitions re-
quired by paragraph (1)— 
(A) shall encompass— 
(i) the organizations, people, activities, 
information, and resources involved in the 
delivery and operation of a product or serv-
ice used by the Government; or 
(ii) critical infrastructure as defined 
in Presidential Policy Directive 21 (Feb-
ruary 12, 2013; relating to critical infra-
structure security and resilience); and 
(B) may include variations as determined 
necessary and appropriate by the President for 
purposes of national defense. 
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Union Calendar No. 435 
118TH CONGRESS 
2D SESSION 
H. R. 555 
[Report No. 118–523] 
A BILL 
To amend the Defense Production Act of 1950 to 
ensure the supply of certain medical materials es-
sential to national defense, and for other pur-
poses. 
MAY 23, 2024 
Reported with an amendment, committed to the Com-
mittee of the Whole House on the State of the Union, 
and ordered to be printed 
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