H.R. 7037: DOMINANCE Act
The DOMINANCE Act is a legislative proposal focused on enhancing the energy and mineral security of the United States by reducing its reliance on foreign sources, especially from China. The bill aims to create a structured approach for international cooperation concerning critical minerals and energy. Here are the main components of the bill:
Reduction of Foreign Dependence
One of the primary objectives of the DOMINANCE Act is to lessen the U.S. dependence on foreign competitors for essential energy and mineral resources. This focus includes ensuring a stable supply chain for critical minerals, which are vital for technology and energy production.
International Cooperation
The bill establishes frameworks for international partnerships, such as Energy Security Compacts, which aim to foster collaboration with allied nations. These partnerships are designed to ensure reliable and secure access to crucial resources.
Energy Security Compacts
Energy Security Compacts will include:
- Assessments of economic growth
- Access to energy
- Infrastructure requirements
- Benchmarks for transparency in operations and agreements
Oversight and Accountability
The bill emphasizes the importance of oversight by creating a diverse council that will monitor the implementation and progress of agreements related to energy security. This council's role will ensure accountability and effective management of resources and partnerships.
Support for Education and Workforce Development
To support the mining sector and the broader energy landscape, the DOMINANCE Act includes provisions for:
- Tax exemptions on aid provided to partner countries
- Programs aimed at strengthening mining education
- Workforce development initiatives to ensure a skilled labor force in the energy and mineral sectors
Applications for Programs
The bill details the process for applying to these programs, highlighting the criteria and procedures necessary for participation and support.
Goals of the Legislation
The overarching goal of the DOMINANCE Act is to create a more self-sufficient and secure energy landscape for the United States by enhancing domestic capacities and establishing strong international partnerships.
Relevant Companies
- FCX (Freeport-McMoRan Inc.): This company is likely to be impacted as it is involved in mining copper and other critical minerals that are central to the objectives of the bill.
- NEM (Newmont Corporation): As one of the largest mining companies in the world, Newmont's operations in mineral extraction may align with the stated goals of enhancing the supply chain for critical minerals.
This is an AI-generated summary of the bill text. There may be mistakes.
Sponsors
31 bill sponsors
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TrackYoung Kim
Sponsor
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TrackAndy Barr
Co-Sponsor
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TrackAmi Bera
Co-Sponsor
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TrackStephanie I. Bice
Co-Sponsor
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TrackGus M. Bilirakis
Co-Sponsor
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TrackEd Case
Co-Sponsor
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TrackJoaquin Castro
Co-Sponsor
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TrackGabe Evans
Co-Sponsor
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TrackVince Fong
Co-Sponsor
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TrackPat Harrigan
Co-Sponsor
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TrackSteven Horsford
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TrackBill Huizenga
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TrackMichael Lawler
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TrackRyan Mackenzie
Co-Sponsor
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TrackNicole Malliotakis
Co-Sponsor
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TrackBrian J. Mast
Co-Sponsor
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TrackMax L. Miller
Co-Sponsor
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TrackMariannette Miller-Meeks
Co-Sponsor
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TrackJohn R. Moolenaar
Co-Sponsor
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TrackBlake D. Moore
Co-Sponsor
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TrackTim Moore
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TrackJohnny Olszewski
Co-Sponsor
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TrackJimmy Panetta
Co-Sponsor
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TrackAumua Amata Coleman Radewagen
Co-Sponsor
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TrackMaria Elvira Salazar
Co-Sponsor
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TrackBrad Sherman
Co-Sponsor
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TrackJefferson Shreve
Co-Sponsor
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TrackGreg Stanton
Co-Sponsor
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TrackDina Titus
Co-Sponsor
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TrackEugene Vindman
Co-Sponsor
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TrackRobert J. Wittman
Co-Sponsor
Actions
11 actions
| Date | Action |
|---|---|
| Jun. 09, 2026 | Received in the Senate and Read twice and referred to the Committee on Foreign Relations. |
| Jun. 08, 2026 | Considered under suspension of the rules. (consideration: CR H3957-3965) |
| Jun. 08, 2026 | DEBATE - The House proceeded with forty minutes of debate on H.R. 7037. |
| Jun. 08, 2026 | Motion to reconsider laid on the table Agreed to without objection. |
| Jun. 08, 2026 | Mr. Mast moved to suspend the rules and pass the bill, as amended. |
| Jun. 08, 2026 | On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3957-3964) |
| Jun. 08, 2026 | Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H3957-3964) |
| May. 13, 2026 | Committee Consideration and Mark-up Session Held |
| May. 13, 2026 | Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 45 - 0. |
| Jan. 13, 2026 | Introduced in House |
| Jan. 13, 2026 | Referred to the House Committee on Foreign Affairs. |
Corporate Lobbying
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