H.R. 8808 · 117th Congress
COBALT Act of 2022
- Stage
- In committee
- Sponsor
- Byron Donalds
- Introduced
- 2022-09-13
- Latest action
- 2022-09-13 · Introduced in House
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.)