Placed on the Union Calendar, Calendar No. 529.
Summary
The DPA Modernization Act of 2026 revises the 1950 Defense Production Act to broaden the types of emergencies it can address, increase funding limits, and shift some authority to a newly created Defense Production Act Fund manager. It allows the President to use DPA powers for national, natural disaster, or public‑health emergencies, limits market controls to one year (extendable 180 days), and raises loan guarantee caps to $100 million. The changes aim to speed the procurement of critical technologies and minerals.
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