15 U.S.C. § 4505 — Reports

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 subsection (d) con- taining a clear and complete statement of all re- ceipts, 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 de- claratory judgment) instituted at any time by the Secretary to enforce the crude oil and pe- troleum product pricing and allocation regula- tions issued under the Emergency Petroleum Allocation Act of 1973 [15 U.S.C. 751 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 fis- cal 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 estab- lished 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, mon- itor 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 De- partment of Energy Stripper Well Exemption Litigation, M.D.L. No. 378, including the use of such funds for administrative costs and attor- neys 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 applies have been col- lected and disbursed as provided in this chapter, a report to such committees containing an esti- mate of the amount that will be determined under section 4502(c) 1 of this title to be the ex- cess amount for purposes of section 4502(d)(1)(B) 1 of this title for the fiscal year be- ginning 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 Re- sources of the Senate. (Pub. L. 99–509, title III, § 3006, Oct. 21, 1986, 100 Stat. 1886.) Editorial Notes REFERENCES IN TEXT The Emergency Petroleum Allocation Act of 1973, re- ferred to in subsec. (a)(1), 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)(1), 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. Section 155 of Public Law 97–377, referred to in sub- secs. (a)(2), (b), is section 155 of Pub. L. 97–377, title I, Dec. 21, 1982, 96 Stat. 1919, which is not classified to the Code. Section 4502(c) and (d) of this title, referred to in sub- sec. (c), was repealed by section 4502(e) of this title. 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. § 4506. Termination (a) In general (1) Except as provided in subsection (b), the provisions of this chapter (other than section 4504 of this title) shall terminate 90 days after the Secretary— (A) determines that all of the restitutionary amounts to which section 4501(a) of this title