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42 U.S.C. § 6250cNortheast Home Heating Oil Reserve Account

submitted 26 years ago by Pub. L. 94-163 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 132 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section covers northeast home heating oil reserve account. It sets out the requirements, permissions, limits, and procedures stated in its subsections.

(a) Establishment Upon a decision of the Secretary of Energy to establish a Reserve under this part, the Secretary of the Treasury must establish in the Treasury of the United States an account known as the “Northeast Home Heating Oil Reserve Account” (referred to in this section as the “Account”). (b) Deposits the 1 Secretary of the Treasury must deposit in the Account any amounts appropriated to the Account and any receipts from the sale, exchange, or other disposition of petroleum distillate from the Reserve. (c) Obligation of amounts The Secretary of Energy may obligate amounts in the Account to carry out activities under this part without the need for further appropriation, and amounts available to the Secretary of Energy for obligation under this section must remain available without fiscal year limitation.
the actual law source: uscode.house.gov ↗public domain
(a) Establishment

Upon a decision of the Secretary of Energy to establish a Reserve under this part, the Secretary of the Treasury shall establish in the Treasury of the United States an account known as the “Northeast Home Heating Oil Reserve Account” (referred to in this section as the “Account”).

(b) Deposits

the 1 Secretary of the Treasury shall deposit in the Account any amounts appropriated to the Account and any receipts from the sale, exchange, or other disposition of petroleum distillate from the Reserve.

(c) Obligation of amounts

The Secretary of Energy may obligate amounts in the Account to carry out activities under this part without the need for further appropriation, and amounts available to the Secretary of Energy for obligation under this section shall remain available without fiscal year limitation.

Source credit: (Pub. L. 94–163, title I, § 184, as added Pub. L. 106–469, title II, § 201(a)(3), Nov. 9, 2000, 114 Stat. 2036.)

history & why it existsrecord from the source credit
  • 2000Enacted · Pub. L. 94-163 · 114 Stat. 2036

A history note hasn’t been published yet. The record shows enactment by Pub. L. 94-163 on 2000-11-09.

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