Sen. Dan Sullivan

Mandatory Materiality Requirement Act of 2022 This bill limits additional disclosure requirements applicable to issuers of securities. Specifically, the Securities and Exchange Commission may only require an additional disclosure if the commission determines that there is a substantial likelihood that a reasonable investor of the issuer would consider the information important with respect to an investment decision.

Facilitating Relief for Efficient Intermodal Gateways to Handle Transportation Act or the FREIGHT Act This bill makes multiple changes to address the efficiency of ports and the intermodal shipping of cargo. The Bureau of Transportation Statistics of the Department of Transportation must publish data about the dwell time of marine shipping containers and chassis (i.e., the quantity of time such equipment is subject to maintenance versus in use). The bill also requires a study on best practices for operating a chassis pool to optimize supply chains. In addition, the bill modifies duties and authorities of the Federal Maritime Commission (FMC), including by providing statutory authority for an office that offers mediation and related services to resolve issues under the FMC's jurisdiction; and authorizing the FMC to expand data-sharing between port operators, shippers, and other stakeholders to facilitate efficient freight operations if the FMC determines port congestion constitutes an emergency.

This bill treats certain activities (e.g., harvesting, processing, transportation, sales, and marketing of fish and fish products) that are substantially related to participation or investment in fisheries in areas of the Bering Sea and Aleutian Islands as related to an exempt purpose and thus exempt from taxation.

Maintaining and Enhancing Hydroelectricity and River Restoration Act of 2022 This bill allows a new investment tax credit for 30% of the basis of any hydropower improvement property. The bill defines such property as property that, amount other things (1) adds or improves fish passage at a qualified dam (i.e., a hydroelectric dam licensed by the Federal Energy Regulatory Commission or legally operating without such a license before the enactment of this bill); (2) maintains or improves the quality of the water retained or released by such a dam; (3) promotes downstream sediment transport processes and habitat maintenance for such a dam; (4) removes an obsolete river obstruction; or (5) places into service an approved remote dam (i.e., a hydroelectric dam that services certain communities and does not contribute to atmosphere pollution).

Critical Mineral Independence Act of 2022 This bill requires the Office of the Under Secretary of Defense for Acquisition and Sustainment and the Defense Logistics Agency to develop and implement a strategy to transition the supply chain for critical minerals in the National Defense Stockpile away from reliance on geostrategic competitors and adversaries by 2027 through acquisition of critical minerals processed by the United States or allied countries.

This resolution encourages people around the world to work to achieve the goal of zero new HIV transmissions, zero discrimination, and zero AIDS-related deaths, in order to end the HIV epidemic in the United States and around the world by 2030. The resolution supports continued funding for prevention, care and treatment services, and research programs for communities impacted by HIV and people living with HIV in the United States and globally. The resolution supports continued leadership by the United States in domestic, bilateral, multilateral, and private sector efforts to fight HIV. Finally, the resolution urges other members of the international community to sustain and scale up their support for and financial contributions to efforts around the world to combat HIV.

No Emergency Crude Oil for Foreign Adversaries Act This bill prohibits exports of crude oil from the Strategic Petroleum Reserve (SPR) to China, Russia, North Korea, and Iran. Specifically, the bill directs the Department of Energy (DOE) to require as a condition of any sale of crude oil from the SPR that the oil not be exported to such countries. However, DOE may issue a waiver of the prohibition if the sale of crude oil is in the national security interests of the United States. In addition, DOE must report on (1) the route to destination and place of refinement of all crude oil sold at auction from the SPR since November 23, 2021, and (2) the ownership of the refinement facilities at which such crude oil was refined.

Technology Grants to Strengthen Domestic Mining Education Act of 2022 or the Mining Schools Act of 2022 This bill establishes a grant program for mining schools to recruit students and enhance educational programs, including those related to critical mineral and rare earth element exploration, extraction, and refining.

This resolution recognizes the efforts and sacrifices of the wildland firefighters who have risked their lives to fight intense wildfires in 2022. The resolution also (1) expresses support for communities throughout the West as they focus on recovery and rebuilding areas and communities affected by wildfires, and (2) extends gratitude to the families and loved ones of wildland firefighters for supporting the wildland firefighter community.

Senator James L. Buckley Seashore Designation Act This bill designates the Staten Island Unit of the Gateway National Recreation Area in New York as the Senator James L. Buckley Seashore.