National Rare Earth Cooperative Act of 2014
Latest action · Feb 6, 2014 Read twice and referred to the Committee on Energy and Natural Resources.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedFeb 6, 2014
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
National Rare Earth Cooperative Act of 2014 - Establishes the Thorium-Bearing Rare Earth Refinery Cooperative to provide for the domestic processing of thorium-bearing rare earth concentrates as residual unprocessed and unrefined ores.
Requires the Cooperative's Board to establish a refinery and a Thorium Storage, Energy, and Industrial Products Corporation to develop uses and markets for thorium, including energy.
Directs the Secretary of Defense (DOD) to coordinate with other federal agencies to advance and protect: (1) domestic rare earth mining, (2) the refining of rare earth elements, (3) basic rare earth metals production, and (4) the development and commercialization of thorium.
Authorizes the Secretary to acquire and maintain a 10% equity stake in the Cooperative in accordance with the Strategic and Critical Materials Stock Piling Act for the purpose of accessing strategic rare earth materials and eliminating the need to acquire them under such Act.
Cosponsors 1
Members who signed on, in the order they did. All signed on Feb 6, 2014.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| I-WV | Joe Manchin III | Original | Feb 6, 2014 |
Actions 2
Everything that happened, newest first.
- Feb 6, 2014Introduced in Senate
- Feb 6, 2014Read twice and referred to the Committee on Energy and Natural Resources.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 4883 | National Rare-Earth Cooperative Act of 2014 | Related bill | Jun 17, 2014 |
Subjects
Assigned by the Library of Congress. Policy area: Energy.
Text 1
Each version as it was printed, newest first.
- Feb 6, 2014Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.