# 119-hr-6696: Restoring American Mineral Security Act of 2025 119-hr-6696, Restoring American Mineral Security Act of 2025, is a 119th Congress bill sponsored by Rep. Panetta, Jimmy [D-CA-19] (D-CA); status introduced; PRIA reads it as touching household money (as of 2026-04-21). - Canonical: https://policyrisk.com/legislation/119-hr-6696 - As of: 2026-04-21 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: 119-hr-6696 - Congress: 119 - Title: Restoring American Mineral Security Act of 2025 - Status: introduced - Introduced: 2025-12-12 - Sponsor: Rep. Panetta, Jimmy [D-CA-19] (D-CA) - Cosponsors: 3 - Policy area: Foreign Trade and International Finance - Touches household money: yes - Last recorded action: 2026-04-21 ## Summary **secure U.S. critical minerals supply chains**. The bill would create a Critical Minerals Security Alliance that the United States Trade Representative (USTR) would negotiate to lock in minerals and select derivative products through coordinated duties, trade rules, and a funding trust. - U.S. manufacturers and domestic miners would get dedicated financing for mining, processing, and selected manufacturing via a new Trust Fund funded by duty receipts. Funds are allocated 60% to the Department of Energy Loan Programs Office, 20% to the Department of Defense, and 20% to the U.S. International Development Finance Corporation. - Trade partners and imports would change. Eligible members must raise duties on minerals from foreign countries of concern or adopt comparable trade remedies. Once an admittance agreement is in force, covered imports from Alliance members would be duty-free and exempt from certain U.S. tariff actions. - National security and supply goals would be tightened. The USTR would certify members, run triennial reviews, and pursue supply coverage goals of at least 90% of the Energy Act of 2020 critical minerals list and 100% of selected derivative products. ## Cosponsors (3) - Rep. Kustoff, David [R-TN-8] (R-TN), 2025-12-12T00:00:00.000Z - Rep. Bera, Ami [D-CA-6] (D-CA), 2025-12-18T00:00:00.000Z - Rep. Fitzpatrick, Brian K. [R-PA-1] (R-PA), 2025-12-19T00:00:00.000Z ## Provisions PRIA read - Trust fund to finance mineral projects: benefit, medium. If enacted, the bill would create a Critical Minerals Trust Fund. Each fiscal year the Treasury would transfer into the fund the duties received that are attributable to mined and processed critical minerals, with transfers at least quarterly. The fund could be invested in U.S. obligations. Without… - Duty-free minerals from alliance members: benefit, medium. If enacted, mined and processed critical minerals and certain derivative products imported from admitted Alliance countries would enter the United States free of most duties after an admittance agreement takes effect. Those imports would also be exempt from section 301 and section 232 actions on or… - Higher tariffs on minerals from risky countries: cost, medium. If enacted, when the first Alliance admittance takes effect, mined and processed critical minerals and certain derivative products from designated "foreign countries of concern" would face the same section 301 tariff rates that applied to products from China on January 1, 2026. That change would ra… - New trade rules for alliance partners: mixed, medium. If enacted, countries that want to join the Alliance would need to raise duties on minerals from "countries of concern" to at least the U.S. section 301 rates in effect on January 1, 2026, or reach those rates within five years. They could instead adopt trade remedies comparable to U.S. law. Member… - DFC can fund higher-income partners: mixed, medium. If enacted, the bill would let the U.S. International Development Finance Corporation support projects in upper‑middle and high‑income countries in some cases. The President must certify the project furthers U.S. economic or foreign policy, yields significant development benefits or counters a stra… - Congress review for alliance deals: mixed, low. If enacted, the U.S. Trade Representative would negotiate admittance agreements and consult Commerce, Treasury, State, and Congress. The USTR must certify eligible countries and send reports to the Senate Finance and House Ways and Means Committees. An admittance would take effect only after Congre… - Definitions for covered minerals and goods: mixed, low. If enacted, the bill would define key terms that decide which goods and countries are covered. "Critical mineral" uses the Energy Act of 2020 list. "Derivative product" explicitly includes items like semiconductor wafers, anodes, cathodes, magnets, motors, EVs, batteries, and smartphones. It would… ## Related bills - 119-hr-4669: FEMA Act of 2025 - 119-hr-6900: American Affordability Act of 2025 - 119-hr-3151: SHIPS for America Act of 2025 - 119-hr-2725: Affordable Housing Credit Improvement Act of 2025 - 119-hr-4206: CONNECT for Health Act of 2025 - 119-hr-1262: Mikaela Naylon Give Kids a Chance Act ## Sources - [119-hr-6696 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/6696) ## Related - [119-hr-4669: FEMA Act of 2025](https://policyrisk.com/legislation/119-hr-4669) - [119-hr-6900: American Affordability Act of 2025](https://policyrisk.com/legislation/119-hr-6900) - [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151) - [119-hr-2725: Affordable Housing Credit Improvement Act of 2025](https://policyrisk.com/legislation/119-hr-2725) - [119-hr-4206: CONNECT for Health Act of 2025](https://policyrisk.com/legislation/119-hr-4206) - [119-hr-1262: Mikaela Naylon Give Kids a Chance Act](https://policyrisk.com/legislation/119-hr-1262) - [All bills in Congress](https://policyrisk.com/legislation) Source: PRIA, https://policyrisk.com/legislation/119-hr-6696 (as of 2026-04-21).