[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2472 Engrossed in Senate (ES)]

  
  
  
  
  
  
  
  
  
  

                  In the Senate of the United States,

                                                     February 12, 1998.
      Resolved, That the Senate agree to the amendment of the House of 
Representatives to the amendment of the Senate to the bill (H.R. 2472) 
entitled ``An Act to extend certain programs under the Energy Policy 
and Conservation Act.'', with the following

        SENATE AMENDMENT TO HOUSE AMENDMENT TO SENATE AMENDMENT:

            In lieu of the matter proposed to be inserted by the House 
      amendment, insert:

SECTION 1. ENERGY POLICY AND CONSERVATION ACT AMENDMENTS.

    The Energy Policy and Conservation Act is amended--
            (1) in section 166 (42 U.S.C. 6246) by striking ``1997'' 
        and inserting in lieu thereof ``1999'';
            (2) in section 181 (42 U.S.C. 6251) by striking ``1997'' 
        both places it appears and inserting in lieu thereof ``1999'';
            (3) by striking ``section 252(l)(1)'' in section 251(e)(1) 
        (42 U.S.C. 6271(e)(1)) and inserting ``section 252(k)(1)'';
            (4) in section 252 (42 U.S.C. 6272)--
                    (A) in subsections (a)(1) and (b), by striking 
                ``allocation and information provisions of the 
                international energy program'' and inserting 
                ``international emergency response provisions'';
                    (B) in subsection (d)(3), by striking ``known'' and 
                inserting after ``circumstances'' ``known at the time 
                of approval'';
                    (C) in subsection (e)(2) by striking ``shall'' and 
                inserting ``may'';
                    (D) in subsection (f)(2) by inserting ``voluntary 
                agreement or'' after ``approved'';
                    (E) by amending subsection (h) to read as follows:
    ``(h) Section 708 of the Defense Production Act of 1950 shall not 
apply to any agreement or action undertaken for the purpose of 
developing or carrying out--
            ``(1) the international energy program, or
            ``(2) any allocation, price control, or similar program 
        with respect to petroleum products under this Act.'';
                    (F) in subsection (k) by amending paragraph (2) to 
                read as follows--
            ``(2) The term `international emergency response 
        provisions' means--
                    ``(A) the provisions of the international energy 
                program which relate to international allocation of 
                petroleum products and to the information system 
                provided in the program, and
                    ``(B) the emergency response measures adopted by 
                the Governing Board of the International Energy Agency 
                (including the July 11, 1984, decision by the Governing 
                Board on `Stocks and Supply Disruptions') for--
                            ``(i) the coordinated drawdown of stocks of 
                        petroleum products held or controlled by 
                        governments; and
                            ``(ii) complementary actions taken by 
                        governments during an existing or impending 
                        international oil supply disruption.''; and
                    (G) by amending subsection (l) to read as follows:
    ``(l) The antitrust defense under subsection (f) shall not extend 
to the international allocation of petroleum products unless allocation 
is required by chapters III and IV of the international energy program 
during an international energy supply emergency.''; and
            (5) in section 281 (42 U.S.C. 6285) by striking ``1997'' 
        both places it appears and inserting in lieu thereof ``1999''.
            (6) at the end of section 154 by adding the following new 
        subsection:
    ``(f)(1) The drawdown and distribution of petroleum products from 
the Strategic Petroleum Reserve is authorized only under section 161 of 
this Act, and drawdown and distribution of petroleum products for 
purposes other than those described in section 161 of this Act shall be 
prohibited.
    ``(2) In the Secretary's annual budget submission, the Secretary 
shall request funds for acquisition, transportation, and injection of 
petroleum products for storage in the Reserve. If no requests for funds 
is made, the Secretary shall provide a written explanation of the 
reason therefore.''.

            Attest:

                                                             Secretary.
105th CONGRESS

  2d Session 

                               H. R. 2472

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        SENATE AMENDMENT TO HOUSE AMENDMENT TO SENATE AMENDMENT