H.R. 7126
SECURE Minerals Act of 2026
Official summary
No official summary yet.
Text of the bill
I Establishment and Board of Governors
II Duties and authorities of the Reserve
III Administrative provisions
(a) Preparation and maintenance. The Board may require any person to prepare and maintain such records or accounts as the Board, by rule, determines necessary to carry out this Act.
(b) Audit of operations of storage facilities. The Board may audit the operations of any storage facility in which any critical mineral or material acquired is stored or required to be stored pursuant to this Act.
(c) Access to and inspection of records or accounts and storage facilities. The Board may require access to, and has the right to inspect and examine, at reasonable times—
(1) any records or accounts required to be prepared or maintained pursuant to subsection (a); and
(2) any storage facilities subject to audit by the United States pursuant to this Act.
IV Oversight and accountability