[Congressional Record Volume 169, Number 16 (Wednesday, January 25, 2023)]
[House]
[Page H326]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

H.R. 21

                          Offered By: Mr. Barr

       Amendment No. 48: Add at the end the following:

     SEC. 3. TEMPORARY SUSPENSION OF CERTAIN FINANCIAL 
                   REGULATIONS.

       (a) In General.--Any rule issued by a Federal financial 
     regulator that has the effect of limiting access to financing 
     for oil and gas companies shall have no force or effect until 
     the date on which the Secretary of Energy reports to the 
     Congress (and makes such report available to the public) that 
     the amount of petroleum products in the Strategic Petroleum 
     Reserve is equal to or greater than the amount contained in 
     the Strategic Petroleum Reserve on the day before the 
     relevant drawdown.
       (b) Federal Financial Regulator Defined.--In this section, 
     the term ``Federal financial regulator'' means the Board of 
     Governors of the Federal Reserve System, the Commodity 
     Futures Trading Commission, the Comptroller of the Currency, 
     the Federal Deposit Insurance Corporation, the Financial 
     Stability Oversight Council, the Secretary of the Treasury, 
     and the Securities and Exchange Commission.