Strategic and Critical Materials Stock Piling Act of 1939
Strategic and Critical Materials Stock Piling Act of 1939, 50 USC § 98, is a United States federal law establishing strategic materials supply reserves for the United States common defense, industrial demands, and military commitments. The Act of Congress authorize the acquisition of raw material stocks for inventory disposition, rotation, and storage within the United States.
The Senate legislation was passed by the 76th Congressional session and enacted into law by the 32nd President of the United States Franklin Roosevelt on June 7, 1939.
Provisions of the Act
The strategic war materials federal law was drafted as seven sections providing critical material supplies in the event of dependence for a national emergency or threat to the national security of the United States.| 50 U.S.C. § 1 ~ | Declaration of Policy |
| 50 U.S.C. § 2 ~ | Determination of Strategic and Critical Materials Quantities of Strategic and Critical Materials |
| 50 U.S.C. § 3 ~ | U.S. Treasury Purchase Domestic Production or Supply Insufficient Replacement of Stocks of Material Subject to Deterioration Annual Report of Expenditures and Method of Materials Rotation |
| 50 U.S.C. § 4 ~ | Strategic and Critical Materials Use Restricted President Order for Strategic and Critical Materials Utilization |
| 50 U.S.C. § 5 ~ | Purchases of American Materials Period Allowed for Production and Delivery from Domestic Source |
| 50 U.S.C. § 6 ~ | Appropriation Authorized, Fiscal Years 1939-1943 |
| 50 U.S.C. § 7 ~ | Investigations of Development Domestic Mineral Resources Treatment and Utilization of Lower Grade Reserves, Substitutes, etc. Funds Authorized for Fiscal Years 1940-1943 Specific Bureau Allotments |