{
  "id": "IND-09",
  "category": "Technology credit",
  "capability": "Guarantee private loans for OSC-eligible investments",
  "summary": "OSC can guarantee loans for eligible investments with established private-lender rates, stated guaranteed principal percentage and credit controls.",
  "legal_basis": [
    {
      "citation": "10 U.S.C. § 149(e)(3)",
      "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, §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": "OSC Director, within Secretary of Defense program authority",
  "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 dual-use technology and entity",
    "Loan guarantee agreement and credit assessment",
    "Congressional notification within 30 days of use"
  ],
  "limits": [
    "No new guarantees after Oct. 1, 2028 absent extension",
    "§149(d) 80% rule is expressly written for direct-loan investments, not a blanket guarantee percentage rule",
    "Guarantee is not purchase of stock"
  ],
  "funding": [
    "Specific credit subsidy and principal authority in appropriations; DoD Credit Program Account and Federal Credit Reform Act.",
    "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": "2024 official U.S. Code operative text read; relevant amendments in Pub. L. 119-60 (Dec. 18, 2025), 119-21 and 119-103 examined. Rolling OLRC source consulted where retrievable; transaction-specific later-law and delegation confirmation remains necessary.",
  "family": "Industrial capacity, capital and credit",
  "mechanisms": [
    "Loans & guarantees",
    "Investment & capital"
  ],
  "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"
    }
  ]
}
