{
  "id": "IND-08",
  "category": "Technology credit",
  "capability": "Finance or refinance dual-use critical technology with OSC direct loans",
  "summary": "Provide loans for eligible investments in enumerated covered technology categories; the legal form is capital assistance, not an unrestricted equity fund.",
  "legal_basis": [
    {
      "citation": "10 U.S.C. § 149(d)-(h)",
      "url": "https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title10-section149&num=0&edition=prelim",
      "kind": "statute",
      "note": ""
    },
    {
      "citation": "Pub. L. 119-60, §§905–906",
      "url": "https://www.govinfo.gov/content/pkg/PLAW-119publ60/html/PLAW-119publ60.htm",
      "kind": "statute",
      "note": ""
    },
    {
      "citation": "Pub. L. 119-75, div. A §8134",
      "url": "https://www.govinfo.gov/content/pkg/PLAW-119publ75/html/PLAW-119publ75.htm",
      "kind": "statute",
      "note": ""
    },
    {
      "citation": "Pub. L. 119-21, §20004(d)",
      "url": "https://www.govinfo.gov/content/pkg/PLAW-119publ21/html/PLAW-119publ21.htm",
      "kind": "statute",
      "note": ""
    },
    {
      "citation": "Pub. L. 119-21, §20005(b)",
      "url": "https://www.govinfo.gov/content/pkg/PLAW-119publ21/html/PLAW-119publ21.htm",
      "kind": "statute",
      "note": ""
    }
  ],
  "authority_holder": "Secretary of Defense acting through OSC Director",
  "actor_chain": {
    "planner": [
      "OSC investment and credit teams",
      "Technology and acquisition requirement sponsors"
    ],
    "resource_owner": [
      "DoD Credit Program Account / OSC",
      "DoD Comptroller"
    ],
    "approver": [
      "Secretary of Defense and OSC Director as specified in §149"
    ],
    "executor": [
      "OSC Director and credit transaction team"
    ],
    "partners": [
      "Private lenders and eligible entities",
      "Treasury / OMB credit-scoring officials",
      "DoD legal counsel"
    ]
  },
  "actor_sources": [
    {
      "title": "Office of Strategic Capital",
      "url": "https://www.cto.mil/osc/"
    }
  ],
  "requirements": [
    "Eligible entity and covered dual-use technology, not solely defense application",
    "At least 80% nonfederal capital for the specific technology at investment time",
    "Creditworthiness, reasonable repayment assurance and selection criteria"
  ],
  "limits": [
    "New loans and technical-assistance authority expire Oct. 1, 2028",
    "Direct-loan term up to 50 years",
    "Treasury benchmark interest and nonsubordination rules have specific waivers"
  ],
  "funding": [
    "Advance appropriations specifically providing credit assistance; Federal Credit Reform cost and DoD Credit Program Account. A headline lending ceiling is not cash available.",
    "Enacted FY26 credit appropriation $97.770M no-year with $4.390B principal ceiling. FY25 reconciliation separately supplied $500M minerals-focused and $1B general capital-assistance funding through Sep.30,2029, each with $100B principal ceiling. These are statutory amounts, not remaining balances; do not simply add ceilings into deployable cash."
  ],
  "coordination_path": "Requirement sponsor → named planning office → resource owner and counsel → statutory approving official → authorized executing/contracting office.",
  "availability": "Conditional legal pathway; current funding, required determinations, and actual delegation not certified.",
  "confidence": "High on statutory permission; execution roles are organizational routing, not verified individual delegations.",
  "currentness": "10 USC149 2024 text read; FY26 §§905–906 amendments read in full; OLRC current entry shows laws effective Sept.28,2026.",
  "family": "Industrial capacity, capital and credit",
  "mechanisms": [
    "Loans & guarantees"
  ],
  "goal_ids": [
    "expand-production"
  ],
  "office_links": [
    {
      "office_id": "strategic-capital",
      "role": "planner",
      "label": "OSC investment and credit teams"
    },
    {
      "office_id": "strategic-capital",
      "role": "resource_owner",
      "label": "DoD Credit Program Account / OSC"
    },
    {
      "office_id": "comptrollers",
      "role": "resource_owner",
      "label": "DoD Comptroller"
    },
    {
      "office_id": "secretary-deputy-secretary",
      "role": "approver",
      "label": "Secretary of Defense and OSC Director as specified in §149"
    },
    {
      "office_id": "strategic-capital",
      "role": "approver",
      "label": "Secretary of Defense and OSC Director as specified in §149"
    },
    {
      "office_id": "strategic-capital",
      "role": "executor",
      "label": "OSC Director and credit transaction team"
    }
  ]
}
