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15 U.S.C. § 782Petrochemical report to Congress

submitted 52 years ago by Pub. L. 93-275 to r/title-15-COMMERCE-AND-TRADE · 243 words · no verdicts yet

in plain englishAI-generated · not legal advice

Within 90 days of taking office or being designated to act, the Administrator must report to Congress about petrochemical prices, exports, supplies, imports, economic effects, and available data. The section defines “petrochemical” by listing included products.

(a) Within 90 days after taking office as Administrator or being designated by the President to act as Administrator, the Administrator, with help from the Department of Commerce, the Cost of Living Council, and the United States International Trade Commission, must give Congress a written report about: (1) how current petrochemical prices affect current exports and expected 1975 exports; (2) how current and expected 1975 export levels affect the domestic raw materials and products available to petrochemical producers, converters, and fabricators, both currently and in 1975; (3) how much current petrochemical imports add to domestic supplies and how much they are expected to add in 1975; (4) the expected economic effects of current and expected 1975 domestic petrochemical supplies on domestic producers, converters, and fabricators of petrochemical raw materials and products; and (5) the exact nature, extent, and sources of Federal Government data and other information about items (1) through (4), including the exact nature, extent, and sources of the data and information used for this report. (b) “Petrochemical” defined. In this section, “petrochemical” includes organic chemicals, cyclic intermediates, plastics and resins, synthetic fibers, elastomers, organic dyes, organic pigments, detergents, surface-active agents, carbon black, and ammonia.
the actual law source: uscode.house.gov ↗public domain
(a) Scope of report

Within ninety days after he has entered upon the office of Administrator or has been designated by the President to act in such office, the Administrator, or acting Administrator, as the case may be, with the assistance of the Department of Commerce, the Cost of Living Council, and the United States International Trade Commission shall, by written report, inform the Congress as to the—

(1)

effect of current petrochemical prices upon the current level of petrochemical exports, and export levels expected for 1975;

(2)

effect of current and expected 1975 petrochemical export levels upon domestic petrochemical raw materials and products available to petrochemical producers, converters, and fabricators currently and in 1975;

(3)

current contribution of petrochemical imports to domestic supplies and the expected contributions in 1975;

(4)

anticipated economic effects of current and expected 1975 levels of domestic supplies of petrochemicals upon domestic producers, converters, and fabricators of petrochemical raw materials and products; and

(5)

exact nature, extent, and sources of data and other information available to the Federal Government regarding the matters set forth in paragraphs (1) through (4) of this subsection, including the exact nature, extent, and sources of such data and information utilized in connection with the report required by this subsection.

(b) “Petrochemical” defined

As used in this section, the term “petrochemical” includes organic chemicals, cyclic intermediates, plastics and resins, synthetic fibers, elastomers, organic dyes, organic pigments, detergents, surface active agents, carbon black and ammonia.

Source credit: (Pub. L. 93–275, § 23, May 7, 1974, 88 Stat. 113; Pub. L. 93–618, title I, § 171(b), Jan. 3, 1975, 88 Stat. 2009.)

history & why it existsrecord from the source credit
  • 1974Enacted · Pub. L. 93-275 · 88 Stat. 113
  • 1975Amended · Pub. L. 93-618 · 88 Stat. 2009

A history note hasn’t been published yet. The record shows enactment by Pub. L. 93-275 on 1974-05-07.

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