(A) $31,000,000,000 may be used for 
loans and loan guarantees to eligible entities; 
(B) $4,000,000,000 may be used for loans 
and loan guarantees to manufacturing invest-
ment companies and eligible entities; and 
(C) not more than 2 percent per fiscal year 
may be used for administrative costs; and 
(2) to the Inspector General of the Department 
of Commerce $5,000,000 for fiscal years 2024 
through 2028, to remain available until expended, to 
carry out subsection (r). 
(u) CONSISTENCY WITH INTERNATIONAL AGREE-
MENTS.—This Act shall be applied in a manner consistent 
with United States obligations under international agree-
ments. 
(v) LIMITATION.—None of the funds made available 
to carry out this Act may be used to support manufac-
turing in a country of concern. 
(w) DEFINITIONS.—In this section: 
(1) ALLY OR KEY INTERNATIONAL PARTNER.— 
(A) IN GENERAL.—The term ‘‘ally or key 
international partner’’ means a country des-
ignated by the Under Secretary, after consulta-
tion with other relevant Federal agencies, 
and— 
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(i) is— 
(I) a member state of North At-
lantic Treaty Organization (NATO); 
(II) a country designated as 
major non-NATO ally pursuant to 
section 517(a) of the Foreign Assist-
ance 
Act 
of 
1961 
(22 
U.S.C. 
2321k(a)); or 
(III) a country that is located in 
the Western Hemisphere and included 
on the list of countries described in 
subparagraph (B); and 
(ii) is not a country of concern. 
(B) LIST
OF
COUNTRIES
DESCRIBED.— 
The list of countries described in subparagraph 
(A) are the following: Anguilla, Antigua and 
Barbuda, Argentina, Aruba, The Bahamas, 
Barbados, Belize, Bermuda, Bolivia, Brazil, 
The British Virgin Islands, Canada, Chile, Co-
lombia, Costa Rica, Dominica, Dominican Re-
public, Ecuador, El Salvador, Grenada, Guate-
mala, Guyana, Haiti, Honduras, Jamaica, Mex-
ico, Montserrat, Netherlands Antilles, Panama, 
Paraguay, Peru, Saint Kitts and Nevis, Saint 
Lucia, Saint Vincent and the Grenadines, 
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Suriname, Trinidad and Tobago, Turks and 
Caicos Islands, Uruguay, and the sovereign gov-
ernment recognized by the United States in 
Venezuela. 
(2) CONCENTRATED.—With respect to a supply 
chain, the term ‘‘concentrated’’ means— 
(A) a supply chain— 
(i) that is under a level of control or 
influence by the government of a country 
of concern that presents an unreasonable 
risk to national security or economic secu-
rity; 
(ii) that is subject to undue manipula-
tion by the government of a country of 
concern; or 
(iii) for which 30 percent of the pro-
duction of such critical good occurs in a 
single foreign country; or 
(B) a supply chain for a critical good for 
which more than 50 percent of the supply of 
such good in the United States is imported. 
(3) COUNTRY OF CONCERN.—The term ‘‘coun-
try of concern’’ means a country— 
(A) in which a concentrated supply chain 
for a critical good is located; 
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(B) that poses a significant national secu-
rity or economic security threat to the United 
States; and 
(C) whose government, or elements of such 
government, has proven, or has been credibly 
alleged to have, committed crimes against hu-
manity or genocide. 
(4) COVERED EMERGENCY.—The term ‘‘covered 
emergency’’ means any of the following: 
(A) A public health emergency declared by 
the Secretary of Health and Human Services 
pursuant to section 319 of the Public Health 
Service Act (42 U.S.C. 247d). 
(B) An event for which the President de-
clares a major disaster or an emergency under 
section 401 or 501, respectively, of the Robert 
T. Stafford Disaster Relief and Emergency As-
sistance Act (42 U.S.C. 5170 and 5191). 
(C) A national emergency declared by the 
President under the National Emergencies Act 
(50 U.S.C. 1601 et seq.). 
(5) CRITICAL GOOD.—The term ‘‘critical good’’ 
means any raw, in process, or manufactured mate-
rial (including any mineral, metal, or advanced proc-
essed material), article, commodity, supply, product, 
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or item of supply that the absence of which would 
have a significant effect on— 
(A) the national security or economic secu-
rity of the United States; and 
(B) critical infrastructure. 
(6) CRITICAL
INDUSTRY.—The term ‘‘critical 
industry’’ means an industry that is critical for the 
national security or economic security of the United 
States, considering key technology focus areas under 
this Act and critical infrastructure. 
(7) CRITICAL
INFRASTRUCTURE.—The term 
‘‘critical infrastructure’’ has the meaning given to 
that term in the Critical Infrastructures Protection 
Act of 2001 (42 U.S.C. 5195c(e)). 
(8) DOMESTIC
ENTERPRISE.—The term ‘‘do-
mestic enterprise’’ means an enterprise that con-
ducts business in the United States and procures a 
critical good. 
(9) DOMESTIC
MANUFACTURER.—The term 
‘‘domestic manufacturer’’ means a business that— 
(A) conducts in the United States the re-
search and development, engineering, or pro-
duction activities necessary or incidental to 
manufacturing; or 
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(B) if provided a loan, loan guarantee, or 
equity investment pursuant to this section, will 
conduct in the United States the research and 
development, engineering, or production activi-
ties necessary or incidental to manufacturing. 
(10) INDUSTRIAL EQUIPMENT.—The term ‘‘in-
dustrial equipment’’ means any component, sub-
system, system, equipment, tooling, accessory, part, 
or assembly necessary for the manufacturing of a 
critical good. 
(11) INSTITUTION OF HIGHER EDUCATION.— 
The term ‘‘institution of higher education’’ has the 
meaning given that term under section 101(a) of the 
Higher Education Act of 1965 (20 U.S.C. 1001(a)). 
(12) KEY
TECHNOLOGY
FOCUS
AREAS.—The 
term ‘‘key technology focus areas’’ means— 
(A) artificial intelligence, machine learning, 
autonomy, and related advances; 
(B) high-performance computing, semi-
conductors, and advanced computer hardware 
and software; 
(C) quantum information science and tech-
nology; 
(D) robotics, automation, and advanced 
manufacturing; 
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(E) natural and anthropogenic disaster 
prevention or mitigation; 
(F) advanced communications technology, 
including optical transmission components; 
(G) biotechnology, medical technology, 
genomics, and synthetic biology; 
(H) data storage, data management, dis-
tributed ledger technologies, and cybersecurity, 
including biometrics; 
(I) advanced energy and industrial efficacy 
technologies, such as batteries, advanced nu-
clear technologies, and polysilicon for use in 
solar photovoltaics, including but not limited to 
for the purposes of electric generation (con-
sistent with section 15 of the National Sciences 
Foundation Act of 1950 (42 U.S.C. 1874)); 
and 
(J) advanced materials science, including 
composites and 2D materials and equipment, 
aerospace grade metals, and aerospace specific 
manufacturing enabling chemicals. 
(13) LENDER.—The term ‘‘lender’’ means any 
non-Federal qualified institutional buyer (as defined 
in section 230.144A(a) of title 17, Code of Federal 
Regulations or a successor regulation). 
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(14) LOAN.—The term ‘‘loan’’ means a direct 
loan or other debt obligation issued by an eligible en-
tity and funded by the Under Secretary in connec-
tion with the financing of an activity under this sec-
tion. 
(15) LOAN GUARANTEE.—The term ‘‘loan guar-
antee’’ means any guarantee or other pledge by the 
Under Secretary to pay all or part of the principal 
of, and interest on, a loan or other debt obligation 
entered into by an eligible entity and funded by a 
lender. 
(16) MANUFACTURE.—The term ‘‘manufac-
ture’’ means any activity that is necessary for or in-
cidental to the development, production, processing, 
distribution, or delivery of any raw, in process, or 
manufactured material (including minerals, metals, 
and advanced processed materials), article, com-
modity, supply, product, critical good, or item of 
supply. 
(17) MANUFACTURING
FACILITY.—The term 
‘‘manufacturing facility’’ means any type of building, 
structure, or real property necessary or incidental to 
the manufacturing of a critical good. 
(18) 
MANUFACTURING
INVESTMENT
COM-
PANY.—The term ‘‘manufacturing investment com-
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pany’’ means an incorporated body, a limited liabil-
ity company, or a limited partnership, including a 
consortium of public and private entities, organized 
and chartered or otherwise existing under State law. 
(19) 
MANUFACTURING
TECHNOLOGY.—The 
term ‘‘manufacturing technology’’ means tech-
nologies that are necessary or incidental to the man-
ufacturing of a critical good. 
(20) NONPROFIT
ORGANIZATION.—The term 
‘‘nonprofit organization’’ means an organization that 
is described in section 501(c)(3) of the Internal Rev-
enue Code of 1986 and exempt from taxation under 
section 501(a) of such Code. 
(21) OFFICE.—The term ‘‘Office’’ means the 
Supply Chain Resiliency and Crisis Response Office 
established under subsection (a). 
(22) STATE.—The term ‘‘State’’ means each 
State of the United States, the District of Columbia, 
American Samoa, Guam, the Commonwealth of the 
Northern Mariana Islands, the Commonwealth of 
Puerto Rico, the Virgin Islands of the United States, 
and any other territory or possession of the United 
States. 
(23) SUPPLY CHAIN.—The term ‘‘supply chain’’ 
means a supply chain for a critical good. 
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(24) SUPPLY CHAIN SHOCK.—The term ‘‘supply 
chain shock’’ includes the following: 
(A) A natural disaster or extreme weather 
event. 
(B) An accidental or human-caused event. 
(C) An economic disruption. 
(D) A pandemic. 
(E) A biological threat. 
(F) A cyberattack. 
(G) A great power conflict. 
(H) A terrorist or geopolitical attack. 
(I) Any other supply chain disruption or 
threat that affects the national security or eco-
nomic security of the United States. 
(25) TRIBAL GOVERNMENT.—The term ‘‘tribal 
government’’ means Indian Tribes, Alaska Native 
Tribal entities, and Native Hawaiian communities. 
(26) UNDER
SECRETARY.—The term ‘‘Under 
Secretary’’ means the Under Secretary of the Office 
of Supply Chain Resiliency and Crisis Response ap-
pointed pursuant to subsection (c). 
Æ 
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