[Congressional Record Volume 164, Number 107 (Tuesday, June 26, 2018)]
[Senate]
[Page S4442]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 3172. Mrs. SHAHEEN (for herself, Ms. Collins, Mr. Leahy, Mr. Burr, 
and Mr. Reed) submitted an amendment intended to be proposed by her to 
the bill H.R. 2, to provide for the reform and continuation of 
agricultural and other programs of the Department of Agriculture 
through fiscal year 2023, and for other purposes; which was ordered to 
lie on the table; as follows:

       At the end of title IX, add the following:

     SEC. 91__. NATIONAL OILHEAT RESEARCH ALLIANCE.

       (a) In General.--Section 713 of the National Oilheat 
     Research Alliance Act of 2000 (42 U.S.C. 6201 note; Public 
     Law 106-469) is repealed.
       (b) Limitations on Obligations of Funds.--The National 
     Oilheat Research Alliance Act of 2000 (42 U.S.C. 6201 note; 
     Public Law 106-469) is amended by inserting after section 707 
     the following:

     ``SEC. 708. LIMITATIONS ON OBLIGATION OF FUNDS.

       ``(a) In General.--In each fiscal year of the covered 
     period, the Alliance may not obligate an amount greater than 
     the sum of--
       ``(1) 75 percent of the amount of assessments estimated to 
     be collected under section 707 in that fiscal year;
       ``(2) 75 percent of the amount of assessments actually 
     collected under section 707 in the most recent fiscal year 
     for which an audit report has been submitted under section 
     706(f)(2)(B) as of the beginning of the fiscal year for which 
     the amount that may be obligated is being determined, less 
     the estimate made pursuant to paragraph (1) for that most 
     recent fiscal year; and
       ``(3) amounts permitted in preceding fiscal years to be 
     obligated pursuant to this subsection that have not been 
     obligated.
       ``(b) Excess Amounts Deposited in Escrow Account.--
     Assessments collected under section 707 in excess of the 
     amount permitted to be obligated under subsection (a) in a 
     fiscal year shall be deposited in an escrow account for the 
     duration of the covered period.
       ``(c) Treatment of Amounts in Escrow Account.--
       ``(1) In general.--During the covered period, the Alliance 
     may not obligate, expend, or borrow against amounts required 
     under subsection (b) to be deposited in the escrow account.
       ``(2) Interest.--Any interest earned on amounts described 
     in paragraph (1) shall be--
       ``(A) deposited in the escrow account; and
       ``(B) unavailable for obligation for the duration of the 
     covered period.
       ``(d) Release of Amounts in Escrow Account.--After the 
     expiration of the covered period, the Alliance may withdraw 
     and obligate in any fiscal year an amount in the escrow 
     account that does not exceed \1/5\ of the amount in the 
     escrow account on the last day of the covered period.
       ``(e) Special Rule for Estimates for Particular Fiscal 
     Years.--
       ``(1) Rule.--For purposes of subsection (a)(1), the amount 
     of assessments estimated to be collected under section 707 in 
     a fiscal year described in paragraph (2) shall be equal to 62 
     percent of the amount of assessments actually collected under 
     that section in the most recent fiscal year for which an 
     audit report has been submitted under section 706(f)(2)(B) as 
     of the beginning of the fiscal year for which the amount that 
     may be obligated is being determined.
       ``(2) Fiscal years described.--The fiscal years referred to 
     in paragraph (1) are the 9th and 10th fiscal years that begin 
     on or after the date of enactment of the Agriculture 
     Improvement Act of 2018.
       ``(f) Covered Period Defined.--In this section, the term 
     `covered period' means the period that begins on the date of 
     enactment of the Agriculture Improvement Act of 2018 and ends 
     on the last day of the 11th fiscal year that begins on or 
     after that date of enactment.''.
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