H.R. 8808 · 117th Congress · House

COBALT Act of 2022

Active· Referred to the House Committee on Financial Services.
Introduced
Sep 13, 22
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Cobalt Optimizes Batteries And Leading Technologies Act of 2022 or the COBALT Act of 2022

This bill provides funding through the Defense Production Act Fund to increase stocks of domestically refined cobalt in the National Defense Stockpile. (The Defense Production Act of 1950 confers on the President a broad set of authorities to influence domestic industry in order to provide essential materials and goods needed for the national defense.)