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15 U.S.C. § 4505 — Reports
Federal law — U.S. Code and appendices · legal_authorities
**(a) Report on receipts and disbursements** The Secretary shall transmit, not later than 60 days after October 21, 1986, a report to the committees referred to in subsection (d) containing a clear and complete statement of all receipts, disbursements, and commitments of restitutionary amounts, as of October 21, 1986, by the Secretary pursuant to—
(1) any judicial or administrative proceeding (including any settlement agreement or declaratory judgment) instituted at any time by the Secretary to enforce the crude oil and petroleum product pricing and allocation regulations issued under the Emergency Petroleum Allocation Act of 1973 [[15 U.S.C. 751](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section751&num=0&edition=prelim) et seq.] or the Economic Stabilization Act of 1970; or
(2) section 155 of Public Law 97–377.
**(b) Report on collection of certain deficiency funds** The Secretary shall transmit a report each fiscal year, beginning in fiscal year 1987, to such committees on the status of collections by the Secretary of deficiency funds to be deposited into the M.D.L. No. 378 escrow account established by the United States District Court for the District of Kansas until all such deficiency funds have been paid. The Secretary shall, in a manner substantially similar to that required by section 155 of Public Law 97–377 with respect to amounts disbursed under such section, monitor the disposition by the States of any funds disbursed to the States by the court pursuant to the opinion and order of such District Court, dated July 7, 1986, with respect to In Re: the Department of Energy Stripper Well Exemption Litigation, M.D.L. No. 378, including the use of such funds for administrative costs and attorneys fees.
**(c) Report on amount estimated
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**(a) Report on receipts and disbursements** The Secretary shall transmit, not later than 60 days after October 21, 1986, a report to the committees referred to in subsection (d) containing a clear and complete statement of all receipts, disbursements, and commitments of restitutionary amounts, as of October 21, 1986, by the Secretary pursuant to—
(1) any judicial or administrative proceeding (including any settlement agreement or declaratory judgment) instituted at any time by the Secretary to enforce the crude oil and petroleum product pricing and allocation regulations issued under the Emergency Petroleum Allocation Act of 1973 [[15 U.S.C. 751](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section751&num=0&edition=prelim) et seq.] or the Economic Stabilization Act of 1970; or
(2) section 155 of Public Law 97–377.
**(b) Report on collection of certain deficiency funds** The Secretary shall transmit a report each fiscal year, beginning in fiscal year 1987, to such committees on the status of collections by the Secretary of deficiency funds to be deposited into the M.D.L. No. 378 escrow account established by the United States District Court for the District of Kansas until all such deficiency funds have been paid. The Secretary shall, in a manner substantially similar to that required by section 155 of Public Law 97–377 with respect to amounts disbursed under such section, monitor the disposition by the States of any funds disbursed to the States by the court pursuant to the opinion and order of such District Court, dated July 7, 1986, with respect to In Re: the Department of Energy Stripper Well Exemption Litigation, M.D.L. No. 378, including the use of such funds for administrative costs and attorneys fees.
**(c) Report on amount estimated to be available for indirect restitution** The Secretary shall transmit, on March 1 of each year beginning with 1987 and continuing until all the restitutionary amounts to which [section 4501(a) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section4501/a&num=0&edition=prelim) applies have been collected and disbursed as provided in this chapter, a report to such committees containing an estimate of the amount that will be determined under section 4502(c) 11 See References in Text note below. of this title to be the excess amount for purposes of section 4502(d)(1)(B) 1 of this title for the fiscal year beginning the next October 1.
**(d) Receipt by committees** The reports required by this chapter shall be transmitted to the Committee on Energy and Commerce of the House of Representatives and the Committee on Energy and Natural Resources of the Senate.
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Federal law — U.S. Code and appendices · legal_authorities
The oath of office shall be administered by the President of the Senate to each Senator who shall be elected, previous to his taking his seat.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) In general**
(1) Except as provided in subsection (b), the provisions of this chapter (other than [section 4504 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section4504&num=0&edition=prelim)) shall terminate 90 days after the Secretary—
(A) determines that all of the restitutionary amounts to which [section 4501(a) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section4501/a&num=0&edition=prelim) applies have been collected and disbursed as provided in this chapter; and
(B) submits to Congress the final report required by [section 4505 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section4505&num=0&edition=prelim).
(2) Such final report shall include the determination (and the justification thereof) described in paragraph (1)(A). Such report shall also be published in the Federal Register.
**(b) Exception** The requirements of section 4502(d) 11 See References in Text note below. of this title shall continue to be applicable to the use of restitutionary amounts received under this chapter as long as such funds remain available.
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Federal law — U.S. Code and appendices · legal_authorities
Page 2126
TITLE 15—COMMERCE AND TRADE
§ 4505
1 See References in Text note below.
Editorial Notes
REFERENCES IN TEXT
The Emergency Petroleum Allocation Act of 1973, re-
ferred to in subsec. (a)(3), is Pub. L. 93–159, Nov. 27, 1973,
87 Stat. 628, which was classified generally to chapter
16A (§ 751 et seq.) of this title, was omitted from the
Code pursuant to section 760g of this title, which pro-
vided for the expiration of the President’s authority
under that chapter on Sept. 30, 1981.
The Economic Stabilization Act of 1970, referred to in
subsec. (a)(3), is title II of Pub. L. 91–379, Aug. 15, 1970,
84 Stat. 799, formerly set out as an Economic Stabiliza-
tion Provisions note under section 1904 of Title 12,
Banks and Banking.
This chapter, referred to in subsec. (b)(3), was in the
original ‘‘this Act’’, which was translated as meaning
this subtitle, which enacted this chapter, to reflect the
probable intent of Congress.
Statutory Notes and Related Subsidiaries
CHANGE OF NAME
Committee on Energy and Commerce of House of
Representatives treated as referring to Committee on
Commerce of House of Representatives by section 1(a)
of Pub. L. 104–14, set out as a note preceding section 21
of Title 2, The Congress. Committee on Commerce of
House of Representatives changed to Committee on En-
ergy and Commerce of House of Representatives, and
jurisdiction over matters relating to securities and ex-
changes and insurance generally transferred to Com-
mittee on Financial Services of House of Representa-
tives by House Resolution No. 5, One Hundred Seventh
Congress, Jan. 3, 2001.
§ 4505. Reports
(a) Report on receipts and disbursements
The Secretary shall transmit, not later than
60 days after October 21, 1986, a report to the
committees referred to in
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Federal law — U.S. Code and appendices · legal_authorities
Page 1230
TITLE 15—COMMERCE AND TRADE
§§ 721, 722
amendment of subsec. (a) by inserting ‘‘or with an enti-
ty the Secretary determines is qualified to construct
and operate a liquefied natural gas project to transport
liquefied natural gas from Southcentral Alaska to West
Coast States,’’ before ‘‘to issue’’, was executed to par.
(1) of subsec. (a) to reflect the probable intent of Con-
gress.
Subsec. (b)(1). Pub.L. 108–199, § 146(2), as amended by
Pub. L. 108–447, § 114(1)–(3), inserted before period at end
‘‘, or after the Secretary certifies there exists a quali-
fied entity to construct and operate a liquefied natural
gas project to transport liquefied natural gas from
Southcentral Alaska to West Coast States. In no case
shall loan guarantees be issued for more than one
qualified project’’.
Subsec. (b)(4). Pub. L. 108–447, § 114(b), added par. (4).
Subsec. (c)(2). Pub. L. 108–199, § 146(3), as amended by
Pub. L. 108–447, § 114(1), (2), (4), which directed the
amendment of subsec. (a)(2) by inserting ‘‘, except that
the total amount of principal that may be guaranteed
for a qualified liquefied natural gas project may not ex-
ceed a principal amount in which the cost of loan guar-
antees, as defined by section 661a(5) of title 2, exceeds
$2,000,000,000’’ before period at end, was executed by
making the amendment to subsec. (c)(2), to reflect the
probable intent of Congress.
Subsec. (g)(4). Pub.L. 108–199, § 146(4), as amended by
Pub. L. 108–447, § 114(1), (2), (5), inserted ‘‘or system’’
after ‘‘gas transportation project’’ and ‘‘liquification
plants and liquefied natural gas tankers for transpor-
tation of liquefied natural gas from Southcentral Alas-
ka to the West Coast’’ after ‘‘including gas treatment
plants’’.
Statutory Notes and Related
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