S1203B1611A04701 LKK:AAS 06/13/22 #90 A04701
AMENDMENTS TO SENATE BILL NO. 1203
Sponsor: SENATOR ARGALL
Printer's No. 1611
Amend Bill, page 1, by inserting between lines 15 and 16
"Critical material" or "critical mineral." A material or
mineral that:
(1) has a significant economic importance for key
sectors of the State or national economy;
(2) has a high-supply risk due to import dependence or
high levels of concentration in particular countries or
regions; and
(3) lacks viable substitutes due to its unique
properties and nature.
Amend Bill, page 2, line 23, by striking out "contact" and
inserting
contract
Amend Bill, page 3, by inserting between lines 29 and 30
Section 6. Critical materials and critical minerals.
The Treasury Department shall develop a list of critical
materials and critical minerals that are exempted from this act
that include those minerals identified as critical by the United
States Department of the Interior as part of Executive Order
13817. This list shall be reviewed annually by the Treasury
Department.
Amend Bill, page 3, line 30, by striking out "6" and
inserting
7
2022/90LKK/SB1203A04701 - 1 -
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24