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Bill· SS. 2571 (99th)open
United States · United States Congress · 19 June 1986
National Nuclear Reactor Safety Study Commission Act - Establishes the National Commission on United States Nuclear Safety to: (1) review all information pertaining to the Chernobyl nuclear reactor accident; (2) compare Soviet reactor design and safety standards with U.S. commercial and defense production reactors; (3) review and evaluate U.S. nuclear reactor management and regulation; and (4) recommend improvements in licensing and related regulatory practices. Requires the Commission to report its findings and recommendations to the President and the Congress within one year after enactment of this Act. Authorizes appropriations.
Law· HRH.R. 5056 (99th)enacted
United States · United States Congress · 19 June 1986
Permits certain public utility holding companies registered under the Public Utility Holding Company Act of 1935 to: (1) acquire interests in cogeneration facilities; and (2) be exempt from utility rate regulation under the Public Utility Regulatory Policies Act of 1978.
Bill· HRH.R. 5051 (99th)referred
United States · United States Congress · 18 June 1986
Nuclear Winter Research Act of 1986 - Directs the Secretaries of Defense and of Energy to obligate specified amounts out of appropriated funds for FY 1987 through 1991 for nuclear winter research activities. Requires the Secretary of Defense, acting through the Director of the Defense Nuclear Agency, to distribute certain allocations to government and nongovernment entities for nuclear winter research activities. Allocates a specified amount for the Nuclear Winter Study Commission established by this Act. Directs such Commission to conduct a comprehensive study on the consequences of nuclear explosions and exchanges, including the implications of such consequences upon U.S. military and civil defense policies. Requires the Commission to report to the President and the Congress regarding the conduct of such study.
Bill· SS. 2556 (99th)referred
United States · United States Congress · 16 June 1986
Repeals Federal guidelines in the Nuclear Waste Policy Act regarding nuclear waste repository site recommendations and site characterizations. Prohibits the Secretary of Energy from expending any funds for any site selection or characterization activities before new congressional guidelines are issued for such site selection under this Act. Requires the appropriate congressional committees to: (1) hold hearings on the Secretary's decision to indefinitely postpone the selection of a second repository site; and (2) issue revised guidelines for repository site selection.
Bill· HRH.R. 5031 (99th)referred
United States · United States Congress · 12 June 1986
Repeals Federal guidelines in the Nuclear Waste Policy Act regarding nuclear waste repository site recommendations and site characterizations. Prohibits the Secretary of Energy from expending any funds for any site selection or characterization activities before new congressional guidelines are issued for such site selection under this Act. Requires the appropriate congressional committees to: (1) hold hearings on the Secretary's decision to indefinitely postpone the selection of a second repository site; and (2) issue revised guidelines for repository site selection.
Bill· SS. 2541 (99th)referred
United States · United States Congress · 10 June 1986
Coal Retrofit Solicitation Act - Requires the Secretary of Energy to: (1) publish a solicitation notice in the Federal Register for projects employing emerging clean coal technologies for retrofit applications; and (2) submit an analysis to the Congress assessing the potential usefulness of the responses to such solicitation and identifying the extent to which Federal incentives and financial assistance provided from the Clean Coal Technology Reserve will expedite the commercial availability of these technologies.
Bill· HRH.R. 4959 (99th)referred
United States · United States Congress · 9 June 1986
Prohibits the authorization or expenditure of any funds for site characterization activities for a nuclear waste repository site at the Yucca Mountain Site in the State of Nevada.
Bill· SS. 2523 (99th)referred
United States · United States Congress · 6 June 1986
Tennessee Valley Authority Fiscal Responsibility and Accountability Act of 1986 - Amends the Tennessee Valley Authority Act of 1933 to limit members of the board of directors of the Tennessee Valley Authority (the Corporation) to two three-year terms. Reduces the Corporation's bond ceiling from $30 billion to $10 billion. Prohibits the Federal Financing Bank from purchasing obligations issued or guaranteed by the Corporation after enactment of this Act. Requires the Corporation to pay the principal and interest on bonds on a timely basis. Amends the Inspector General Act of 1978 to establish a permanent Office of Inspector General for the Corporation. Amends the Tennessee Valley Authority Act of 1933 to make the Corporation subject to State regulation as if it were a private utility, except that such State may not interfere with the obligations of the Corporation imposed by law. Repeals the permanent authorization of appropriations for the Corporation.
Bill· HRH.R. 4926 (99th)reported
United States · United States Congress · 4 June 1986
Department of Energy Civilian Energy Programs Authorization Act for Fiscal Year 1987 - Title I: Authorization for Energy Research and Development Programs for Fiscal Year 1987 - Authorizes appropriations for FY 1987 for the operating expenses of the following Department of Energy civilian research and development programs: (1) the fossil energy program; (2) the energy conservation program; (3) the energy supply research and development programs associated with solar energy, geothermal energy, supporting research and technical analysis, and environmental research and development; (4) the geothermal resources development fund; (5) general science and research; (6) the nuclear fission energy program (consisting of converter reactor systems, advanced nuclear systems, breeder reactor systems, and nuclear waste and uranium enrichment research and development); (7) the magnetic fusion energy program; (8) electric energy systems and energy storage systems; and (9) inertial confinement fusion energy. Authorizes appropriations for capital equipment expenses not related to construction for the following Department of Energy civilian research and development programs: (1) the fossil energy program; (2) the energy conservation program; (3) the energy supply research and development programs associated with solar energy, supporting research and technical analysis, environmental research and development, nuclear fission energy, and magnetic fusion; and (4) general science and research. Authorizes appropriations to the Department of Energy for FY 1987 for plant and capital equipment for specified prior year civilian research and development projects with respect to: (1) supporting research; (2) nuclear fission; and (3) general science. Authorizes appropriations to the Department of Energy for plant and capital equipment for specified new civilian research and development projects with respect to: (1) fossil energy; (2) solar energy; (3) supporting research; (4) the environment; (5) nuclear fission; (6) magnetic fusion; and (7) general science. Title II: Authorization for Other Activities for Fiscal Year 1987 - Authorizes appropriations to the Department of Energy for FY 1987 for: (1) the energy conservation program; (2) the energy supply research and development programs associated with solar energy, nuclear energy, remedial action, and nuclear waste technology, low level waste; (3) uranium supply and enrichment activities; (4) the Nuclear Waste Fund; (5) supporting services; and (6) departmental administration. Authorizes appropriations for capital equipment not related to construction for: (1) energy supply research and development associated with solar energy and nuclear energy; (2) uranium supply and enrichment activities; (3) the Nuclear Waste Fund; (4) supporting services; and (5) departmental administration. Authorizes appropriations to the Department of Energy for plant and capital equipment for specified prior year uranium supply and enrichment projects and supporting service projects and for specified new uranium supply and enrichment projects and supporting service projects. Authorizes appropriations to the Department of Energy for FY 1987 for new plant and capital equipment for specified uranium supply and enrichment projects and for specified supporting service projects. Authorizes reductions in the amounts earmarked for the areas of: (1) supporting research and technical analysis; and (2) general science and research. Title III: Establishment of Scientific Research and Development Program to Develop Advanced Steel Manufacturing Technologies and Increase Energy Efficiency in the Steel Industry - Directs the Secretary of Energy to: (1) develop and publish a research and development plan regarding advanced steel manufacturing technologies and increased energy efficiency in the steel industry; and (2) report annually to the President and the Congress regarding the status and anticipated obligations of activities under such plan. Title IV: General Provisions - Sets forth restrictions on the use of funds authorized under this Act.
Bill· HRH.R. 4925 (99th)open
United States · United States Congress · 4 June 1986
Department of Energy Civilian Research and Development Authorization Act for Fiscal Year 1987 - Title I: Authorization for Fiscal Year 1987 - Authorizes appropriations for FY 1987 for the operating expenses of the following Department of Energy civilian research and development programs: (1) the fossil energy program; (2) the energy conservation program; (3) the energy supply research and development programs associated with solar energy, geothermal energy, supporting research and technical analysis, and environmental research and development; (4) the geothermal resources development fund; (5) general science and research; (6) the nuclear fission energy program (consisting of converter reactor systems, advanced nuclear systems, breeder reactor systems, and nuclear waste technology); (7) the magnetic fusion energy program; (8) electric energy systems and energy storage systems; and (9) inertial confinement fusion energy systems. Authorizes appropriations for capital equipment expenses not related to construction for the following Department of Energy civilian research and development programs: (1) the fossil energy program; (2) the energy conservation program; (3) the energy supply research and development programs associated with solar energy, supporting research and technical analysis, environmental research and development, nuclear fission energy, and magnetic fusion; and (4) general science and research. Authorizes appropriations to the Department of Energy for FY 1987 for plant and capital equipment for specified prior year civilian research and development projects with respect to: (1) supporting research; (2) nuclear fission; and (3) science and research. Authorizes appropriations to the Department of Energy for FY 1987 for plant and capital equipment for specified new civilian research and development projects with respect to: (1) fossil energy; (2) solar energy; (3) supporting research; (4) the environment; (5) nuclear fission; (6) magnetic fusion; and (7) general science. Authorizes reductions in the amounts earmarked for: (1) supporting research and technical analysis; and (2) general science and research. Title II: Establishment of Scientific Research and Development Program to Develop Advanced Steel Manufacturing Technologies and Increase Energy Efficiency in the Steel Industry - Directs the Secretary of Energy to: (1) develop and publish a research and development plan regarding advanced steel manufacturing technologies and increased energy efficiency in the steel industry; and (2) report annually to the President and the Congress regarding the status and anticipated obligations of activities under such plan. Title III: General Provisions - Sets forth restrictions on the use of funds authorized under this Act.
Bill· HRH.R. 4937 (99th)referred
United States · United States Congress · 4 June 1986
Proscribes any authorization or expenditure of funds for nuclear waste repository site characterization activities at the Hanford Reservation in the State of Washington.
Bill· HRH.R. 4895 (99th)open
United States · United States Congress · 22 May 1986
Nuclear Waste Transportation Act - Prohibits any person from offering high-level radioactive waste for transportation in interstate commerce unless a license to do so has been obtained from the Nuclear Regulatory Commission (the Commission). Prohibits any person from transporting such waste in interstate commerce unless: (1) an order designating the transportation route for such waste has been received from the Commission; and (2) such radioactive waste has been received from a person licensed by the Commission under this Act. Prescribes the guidelines under which the Commission is authorized to issue licenses to offer high-level radioactive wastes for transportation. Requires the Commission to: (1) provide written notification of such license applications to political subdivisions and Indian tribes through whose territories such waste may be transported; (2) solicit comments from the chief official of such affected areas with regard to the routing of such wastes; (3) issue an order to the transporter designating the transportation route for such waste after considering the information provided by the appropriate chief official; and (4) forward a copy of such order to such official. Requires a licensee under this Act to inform any chief official of the: (1) date of such radioactive waste transportation; and (2) emergency response procedures to be implemented in case of an accident. Requires such information to be furnished at least ten days prior to the transportation date. Authorizes the Commission to determine whether a license under this Act shall be effective for a single shipment or for a series of similar shipments from the same location. Prohibits any license from being effective for more than one year. Subjects violators of this Act to certain civil penalties under the Atomic Energy Act of 1954.
Bill· HRH.R. 4906 (99th)referred
United States · United States Congress · 22 May 1986
Energy Conservation Simplification Act - Amends the Energy Policy and Conservation Act to repeal: (1) energy efficiency standards for appliances: and (2) certain industrial energy conservation requirements. Amends the Energy Conservation and Production Act to repeal the energy conservation standards for new buildings. Amends the Motor Vehicle Information and Cost Savings Act to repeal the requirement for the publication and distribution of a gas mileage booklet by the Secretary of Energy. Amends the National Energy Conservation Policy Act to direct the Secretary of Energy to use average fuel costs in conjunction with capital and operating expenses for estimating and comparing life cycle costs for Federal buildings. (Currently the Secretary is directed to use marginal fuel costs.)
Resolution· HCONRESH.Con.Res. 342 (99th)referred
United States · United States Congress · 22 May 1986
Expresses the sense of the Congress that until the Congress has had at least 120 days to study the results of safety and environmental studies conducted by specified agencies, neither the Bonneville Power Administration nor the Department of Energy should accept steam-produced power from the N-Reactor at the Hanford Reservation in the State of Washington.
Bill· HRH.R. 4878 (99th)referred
United States · United States Congress · 21 May 1986
Requires the Secretary of the Interior to send to specified congressional committees a statement of the amount of assistance provided by Japan to the Trust Territory of the Pacific Islands (including such assistance to the Marshall Islands, Micronesia, and Palau).
Bill· SS. 2471 (99th)open
United States · United States Congress · 20 May 1986
Improved Nuclear Standards Act - Creates the position of Inspector General at the Nuclear Regulatory Commission (NRC). Amends the Inspector General Act of 1978 to require that individuals appointed to the position of Inspector General of NRC have expertise in nuclear safety. Confers responsibility upon the Inspector General to: (1) review all nuclear safety procedures implemented by the Nuclear Regulatory Commission; (2) propose public safety regulations to the Commission; and (3) submit an annual report to the Congress regarding the adequacy of nuclear safety procedures used in the United States. Directs the Inspector General of the Federal Emergency Management Agency (the Agency) to review emergency evacuation plans for nuclear power facilities and to make recommendations to the Congress concerning the adequacy and implementation of such plans. Requires the Agency to conduct an annual test of the evacuation plan for each operating nuclear power facility, including facilities not licensed by the Commission. Directs the Commission to suspend the license of any facility until it can certify that its evacuation plan assures public safety. Sets as a prerequisite for the granting of any commercial nuclear power facility license that the Agency certify to the Commission that the facility's evacuation plan assures public safety. Confers responsibility upon the owner of such facility for the payment of the non-Federal costs associated with evacuation test plans for such facility.
Bill· HRH.R. 4859 (99th)open
United States · United States Congress · 20 May 1986
Amends Federal law regarding the administration of the naval petroleum reserves to authorize the President to establish a petroleum production rate from Naval Petroleum Reserves Numbered 1, 2, and 3 that is less than the maximum efficient rate and that takes into account: (1) energy security; (2) prevailing local market conditions; and (3) the effect of such production rate on the maximum amount of revenues which could be realized from such Reserves. Directs the Secretary of the Navy to establish a minimum sales price for the U.S. share of petroleum produced at such Reserves at an amount not less than the prevailing local market price for comparable petroleum in the area at time of sale. Prescribes guidelines under which the Secretary shall receive bids regarding petroleum sales and disposition. Repeals the restriction placed upon the amount of Reserve petroleum that may be purchased by any person. Authorizes the President to exempt Reserve petroleum from any export restriction if such exemption is determined to be in the national interest. Directs the Secretary to establish maximum efficient rates regarding formations within Naval Petroleum Reserve Numbered 1. Requires the Secretary to provide that private ownership interests within such Reserve shall receive the amount of production from each formation that would be received if petroleum were being produced from that formation at the maximum efficient rate.
Bill· HRH.R. 4856 (99th)referred
United States · United States Congress · 20 May 1986
New Clean Coal Retrofit Technologies and Electric Generation and Industrial Energy Development Act of 1986 - Directs the Secretary of Energy to recommend to the Congress and the President: (1) actions to implement clean, cost-effective coal technologies in electric-generating facilities and domestic basic industries (such as steel and aluminum); and (2) administrative and regulatory actions (including financial assistance) to facilitate the use of clean-coal technologies. Establishes within the Department of Energy a Clean Coal Advisory Committee to advise the Secretary in formulating recommendations required by this Act. Instructs the Secretary to: (1) solicit in the Federal Register project proposals for clean coal technologies which are capable of retrofitting, repowering, or modernizing existing facilities; and (2) submit an analytical report to the Congress regarding the response to such solicitation and the extent to which funds in the Clean Coal Technology Reserve will accelerate the commercial availability of such technologies.
Bill· HRH.R. 4848 (99th)open
United States · United States Congress · 19 May 1986
Department of Energy Environmental Compliance Act of 1986 - Requires the Secretary of Energy to bring operations managed through the Richland Operations Office, Washington, of the Department of Energy (DOE) into compliance with specified Federal environmental laws. Requires the safe disposal of environmental hazards at such sites. Prohibits the use of soil columns for disposal of liquid hazardous or radioactive wastes at all DOE operations. Directs the Secretary to submit to the Congress a schedule and cost estimate of compliance with such requirements. Requires interagency consultation and cooperation.
Law· HRH.R. 4843 (99th)enacted
United States · United States Congress · 15 May 1986
Amends the Energy Policy and Conservation Act to authorize the President to establish a petroleum production rate from specified Naval Petroleum Reserves that is less than the maximum efficient rate and that takes into account energy security, petroleum price fluctuations, and long-term Federal revenue implications. Directs the President to establish a minimum sales price for such petroleum reserves based on a formula designed to prevent petroleum sales for prices: (1) significantly below prevailing market prices; or (2) below the petroleum acquisition cost for the Strategic Petroleum Reserve.
Bill· HRH.R. 4835 (99th)open
United States · United States Congress · 15 May 1986
Nuclear Regulatory Commission Inspector General Act of 1986 - Amends the Energy Reorganization Act of 1974 to establish in the Nuclear Regulatory Commission the Office of Inspector General. Prescribes the oversight responsibilities of the Inspector General regarding Commission implementation of nuclear power safety regulations. Requires the Inspector General to appoint an Assistant Inspector General for Investigations and an Assistant Inspector General for Auditing with responsibility for supervising the performance of investigative and auditing activities, respectively. Requires the Inspector General to submit semiannual reports to the Commission (which in turn shall submit them to the Congress) summarizing the activities of the Office of Inspector General. Authorizes the Inspector General to investigate information received from Commission employees regarding violations, fraud, gross waste of funds, or a danger to the public safety. Prohibits any reprisal action taken against an employee for making a complaint or disclosing information to an Inspector General. Transfers the Office of Inspector and Auditor from the Nuclear Regulatory Commission to the Office of Inspector General of the Nuclear Regulatory Commission.
Bill· HRH.R. 4834 (99th)referred
United States · United States Congress · 15 May 1986
Requires each blender who distributes alcohol-blended gasoline to certain purchasers to determine and certify the type and percentage of alcohol and the percentage of cosolvents in such gasoline. Requires each distributor who receives such certified gasoline and distributes it to certain persons to certify the type and percentage of alcohol and cosolvent in the gasoline according to specified guidelines. Requires each gasoline retailer of alcohol-blended gasoline to conspicuously display the type and percentage of alcohol and cosolvent to ultimate purchasers at the point of sale. Grants the Federal Trade Commission investigative and enforcement powers to implement this Act. Requires the Environmental Protection Agency to: (1) conduct field tests determining alcohol type and percentage (including the percentage of cosolvents) in gasoline; and (2) notify the Federal Trade Commission of any failures to post such information. Requires the Federal Trade Commission to promulgate rules for the uniform display and certification of alcohol and cosolvent content in alcohol-blended gasoline. Provides that a violation of this Act shall be considered an unfair or deceptive act affecting commerce within the meaning of the Federal Trade Commission Act. Terminates the National Boating Safety Advisory Council on September 30, 1990. Decreases from 21 to 17 the number of members on such Council and revises provisions concerning the composition of such Council. Requires the Secretary of Transportation to fill vacancies in the Council.
Bill· HRH.R. 4828 (99th)referred
United States · United States Congress · 15 May 1986
Energy Independence Act of 1986 - Amends the Internal Revenue Code to impose an excise tax on: (1) the first sale within the United States of any crude oil or any petroleum product imported into the United States; and (2) the use within the United States of any crude oil or any petroleum product imported into the United States if no such tax has been imposed prior to such use. Sets a fluctuating rate for such tax dependent upon the world price of crude oil.
Bill· HRH.R. 4826 (99th)open
United States · United States Congress · 14 May 1986
Onshore Competitive Oil and Gas Leasing Amendments of 1986 - Amends Federal law regarding competitive leasing of oil and gas for onshore Federal lands to increase from 640 acres to 2,560 acres the units of land open to competitive leasing. Requires lease sales to be held for each State on at least a quarterly basis. Requires the Secretary of the Interior to accept the highest bid which is at least $20 or greater per acre, without evaluation of the economic or geologic value of the lands proposed for lease. Requires that all bids for less than $20 per acre be rejected. Conditions the lease of lands not subject to competitive bidding to a royalty payment rate that is at least 12 1/2 percent the value of the production removed or sold from the lease. Makes lands available for leasing for a one-year period if the highest bid received for such lands was less than $20 per acre. Increases from 50 cents per acre to $1.00 per acre the annual lease rentals for the first five lease years, and not less than $3.00 per acre per lease year thereafter. Increases the minimum royalty from $1.00 to $3.00 per acre after the discovery of oil or gas in paying quantities on the leased land. Increases the primary lease term from five to ten years. Subjects a lease to cancellation by the Secretary after 30 days' notice for noncompliance with the lease terms unless: (1) the leasehold contains a well capable of production of oil or gas in paying quantities; or (2) the lease is committed to an approved cooperative or unit plan or communitization agreement which contains a well capable of production of unitized substances in paying quantities. Requires that oil and gas leases on public lands and on national forest system lands be considered in a land use plan and forest management plan respectively. Directs the President to report annually to the Congress on the progress made by the Secretaries of the Interior and of Agriculture in complying with the land use plan requirements. Authorizes the appropriate Secretary to issue oil and gas leases on lands for which plans have not been completed upon submission of an explanation to the Congress. Prohibits any person from conducting oil or gas exploration without obtaining a lease or exploration license. Directs the Secretary of the Interior and the Secretary of Agriculture to jointly prescribe regulations for such license. Sets the license term at one year. Subjects any person who willfully and knowingly conducts oil and gas exploration for commercial purposes without such license to a maximum penalty of $50,000 for each day of violation. Makes all data collected by such person as a result of such violation available to the public. Prohibits noncompetitive lease applications for specified lands from being processed until such lands are posted for competitive bidding in accordance with this Act. Requires the Secretary of the Interior to hold at least one competitive lease sale for tracts which but for this Act would have been posted for the filing of simultaneous oil and gas lease applications. Permits the inclusion in such sale of certain tracts which had over-the-counter noncompetitive oil and gas lease offers. Imposes civil penalties upon persons who, while engaged in the business of acquiring Federal mineral leases for others on a fee basis, willfully and knowingly misrepresent the value of lands and leases under this Act. Grants to the States concurrent civil and criminal jurisdiction for violations of this Act.
Bill· SS. 2439 (99th)open
United States · United States Congress · 13 May 1986
Federal Onshore Competitive Oil and Gas Leasing Act of 1986 - Amends Federal law regarding competitive leasing of oil and gas for onshore Federal lands to increase from 640 acres to 5,120 acres the units of land open to competitive leasing. Requires the Secretary of the Interior to accept the highest bid which is at least $35 or greater per acre without evaluation of the economic or geologic value of the lands proposed for lease. Requires that all bids for less than $35.00 per acre be rejected. Makes lands available for leasing for a one-year period if the highest bid received for such lands was less than $35.00 per acre. Describes circumstances under which certain lands may be leased without competitive bidding. Increases the primary lease term from five to ten years. Authorizes the Secretary to disapprove partial assignments of less than 640 acres outside of Alaska, or of less than 2,560 acres within Alaska. Subjects a lease to cancellation by the Secretary of the Interior after 30 days' notice for noncompliance with the lease terms unless: (1) the leasehold contains a well capable of production of oil or gas in paying quantities; or (2) the lease is committed to an approved cooperative or unit plan or communitization agreement which contains a well capable of production of unitized substances in paying quantities. Amends the Alaska National Interest Lands Conservation Act to make leasing in Alaska consistent with that in the lower 48 States. Repeals provisions regarding: (1) determination of favorable petroleum geological provinces; and (2) suspension of noncompetitive leasing. Establishes an interim period during which certain pending lease applications will be processed as they would have been prior to the date of enactment of this Act. Prohibits noncompetitive lease applications for specified lands from being processed until such lands are posted for competitive bidding in accordance with this Act. Requires the Secretary of the Interior to hold at least one competitive lease sale for tracts which but for this Act would have been posted for the filing of simultaneous oil and gas lease applications. Permits the inclusion in such sale of certain tracts which had over-the-counter noncompetitive oil and gas lease offers. Imposes civil penalties upon persons who willfully and knowingly misrepresent the value of lands and leases under this Act. Grants to the States concurrent civil and criminal jurisdiction for violations of this Act.
Bill· HRH.R. 4741 (99th)open
United States · United States Congress · 1 May 1986
Federal Oil and Gas Leasing Amendments Act of 1986 - Amends the Mineral Leasing Act of 1920 to authorize the Secretary of the Interior (the Secretary), or the Secretary of Agriculture in the case of public domain National Forest System lands, to lease onshore Federal lands for oil and gas development by competitive bidding if the appropriate Secretary determines such lands to be suitable for such development. Increases land units for development from 640 acres to 2,560 acres. Requires the Secretary to: (1) invite public nomination of areas favorable for oil and gas discovery at least once each calendar quarter; (2) automatically offer to lease any area receiving two or more such public nominations if the Secretary has determined such areas to be available and suitable for leasing; (3) hold competitive oil and gas lease sales on a quarterly basis; and (4) issue a lease to the highest responsible qualified bidder. Authorizes the Secretary to extend the initial five-year lease term of a non-producing oil or gas lease only upon finding that the lessee could not adequately explore during the initial lease term due to certain circumstances not attributable to the lessee. Requires an extension application to include an exploration plan. Limits total extensions to five years. Proscribes guidelines for rentals and royalties. Requires the Secretary to: (1) report periodically to the Congress regarding fees, rentals, and royalty payments; (2) notify the appropriate State Governor and the general public of scheduled lease offerings and of the scheduled approval of lease development activities; (3) regulate all surface-disturbing operations conducted under a lease; and (4) determine surface-resources conservation activities. Conditions the granting of a drilling permit on an oil or gas lease upon: (1) the Secretary's approval of an operations plan covering all surface-disturbing activities; and (2) the posting of sufficient bond by the lessee to ensure reclamation of surface disturbing activities. Prohibits the Secretary of the Interior from issuing any lease on national forest lands without the approval of the Secretary of Agriculture. Conditions the issuance of oil and gas leases on public lands (or public domain national forest lands) upon evaluation and approval of such leases in a land use plan meeting specified environmental requirements. Proscribes the issuance of oil and gas leases upon specified wilderness study lands. Authorizes either Secretary to issue permits for prospecting, seismic surveys, and core sampling not requiring road construction or improvements, if such activity is conducted in a manner compatible with the preservation of the wilderness environment. Prohibits the use of explosives in designated wilderness areas. Requires an exploration license for the commercial exploration of oil and gas on lands subject to this Act. Sets forth a one-year term for such license. Provides that exploration licenses for lands under the jurisdiction of other Federal agencies may only be issued by the Secretary of the Interior upon such conditions as the surface management agency may prescribe regarding the use and protection of the nonmineral interest in those lands. Imposes a fine for commercial oil and gas exploration without a commercial exploration license.
Bill· HRH.R. 4730 (99th)referred
United States · United States Congress · 1 May 1986
Requires each blender who distributes alcohol-blended gasoline to certain purchasers to determine and certify the type and percentage of alcohol and the percentage of cosolvents in such gasoline. Requires each distributor who receives such certified gasoline and distributes it to certain persons to certify the type and percentage of alcohol and cosolvent in the gasoline according to specified guidelines. Requires each gasoline retailer of alcohol-blended gasoline to conspicuously display the type and percentage of alcohol and cosolvent to ultimate purchasers at the point of sale. Grants the Federal Trade Commission investigative and enforcement powers to implement this Act. Requires the Environmental Protection Agency to: (1) conduct field tests determining alcohol type and percentage (including the percentage of cosolvents) in gasoline; and (2) notify the Federal Trade Commission of any failures to post such information. Requires the Federal Trade Commission to promulgate rules for the uniform display and certification of alcohol and cosolvent content in alcohol-blended gasoline. Provides that a violation of this Act shall be considered an unfair or deceptive act affecting commerce within the meaning of the Federal Trade Commission Act.
Resolution· HRESH.Res. 441 (99th)referred
United States · United States Congress · 30 April 1986
Declares that the House of Representatives calls upon any nation in which a nuclear accident occurs or threatens to occur to advise neighboring nations, the International Atomic Energy Agency, the United Nations, and other appropriate international organizations.
Bill· SS. 2383 (99th)referred
United States · United States Congress · 29 April 1986
Nuclear Waste Policy Act Amendments of 1986 - Removes the statutory requirements and deadlines for second (and subsequent) nuclear waste repositories, thus eliminating Department of Energy authority to site such repositories. Removes the volume limitations placed upon first repositories. Instructs the Secretary of Energy to revise the repository mission plan to reflect the provisions of this Act and to submit such revisions within six months after enactment of this Act. Amends the Nuclear Waste Policy Act of 1982 to prohibit the Secretary from expending funds from the Nuclear Waste Fund for any activity relating to a second or subsequent repository.
Bill· SS. 2375 (99th)open
United States · United States Congress · 28 April 1986
Expresses congressional disapproval of specified deferrals submitted by the President to the Congress relating to: (1) the Strategic Petroleum Reserve (D86-37); and (2) Strategic Petroleum Reserve petroleum account (D86-10-A). Declares that the disapproved deferral amounts shall be made available for obligation. Authorizes appropriations for: (1) FY 1987 through 1989 for crude oil acquisition for storage in the Strategic Petroleum Reserve; and (2) FY 1987 for storage facility construction for the Strategic Petroleum Reserve. Authorizes the Secretary of Energy to conduct a survey of possible storage sites to increase the capacity of the Strategic Petroleum Reserve to 1,000,000,000 barrels. Directs the Secretary to purchase any crude oil necessary to fill the Strategic Petroleum Reserve from certain domestic small volume "stripper" wells. Amends the Tariff Schedules of the United States to increase oil import fees. Requires the Secretary to cease production from the Elk Hills Naval Petroleum Reserve for a six-month period in order to provide for a review by the Congress and the President concerning production and pricing practices.
Bill· SS. 2373 (99th)referred
United States · United States Congress · 28 April 1986
Nuclear Facility Standardization Act of 1986 - Title I: Licensing and Regulatory Reform - Amends the Atomic Energy Act of 1954 to require the Nuclear Regulatory Commission to establish procedures for the approval of standardized facility designs and of any major subsystem of such a facility that represents a discrete element of it. Sets forth guidelines under which: (1) the Commission shall grant approval for such standardized designs; (2) modifications to design approvals may be made; (3) design approvals may be renewed; and (4) deviations from a license or approval may be made without prior Commission approval. States that the Commission's determination regarding the approval of construction or operating licenses (or permits) constitutes a final order under the Act. Requires the Commission to establish procedures to issue a site permit for approval of a site for production or utilization facilities. Sets forth guidelines under which the Commission shall issue a site permit. States that the Commission's determination regarding a site permit application constitutes a final order under the Act. Prescribes standards under which the Commission shall renew a site permit. Sets forth guidelines under which the Commission shall grant a construction permit or operating licenses for production or utilization facilities. States that for purposes of this Act a construction permit is a license. Requires the Commission to issue a construction and operating license to an applicant for a commercial production or utilization facility if the application contains sufficient information to enable the Commission to determine that there is reasonable assurance that the facility will be constructed and operated in compliance with prescribed standards. Directs the Commission to incorporate in the construction and operating license: (1) a phased-approval procedure for construction quality assurance; and (2) the procedures and criteria necessary to provide reasonable assurance that construction and operation will be in accordance with the license. Requires a licensed utility to notify the Commission of its readiness to operate the facility before it may begin operation. Requires the Commission to publish in the Federal Register a notice of such intended operation, and to provide a certain period during which written objections to the facility's operation may be filed on the basis that construction or operation will not be in conformity with the license. Prohibits the Commission from making any modifications once a construction or operating license (or permit) has been issued, unless the Commission finds that the modification would result in a substantial improvement in overall safety, and that for a production facility, the change is justified after specified factors have been considered. Requires the Commission to establish a centralized, systematic, and documented review process to evaluate proposed changes. States that proposed changes may only be made effective after the Commission has issued a rule or an amendment to the license. (Exempts changes affecting the public health or safety from such requirement.) Title II: Conforming Amendments - Precludes from judicial review: (1) a decision by the Advisory Committee on Reactor Safeguards to review or fail to review an application or proposed amendment or renewal of a design approval; and (2) a Commission decision to refer or not refer an application to such Advisory Committee.
Bill· HRH.R. 4669 (99th)referred
United States · United States Congress · 23 April 1986
Amends the Powerplant and Industrial Fuel Use Act of 1978 to repeal prohibitions against the use of natural gas or petroleum as a primary energy source in new and existing electric powerplants and major fuel-burning installations.
Bill· HRH.R. 4668 (99th)referred
United States · United States Congress · 23 April 1986
Nuclear Waste Policy Act Amendments of 1986 - Removes the statutory requirements and deadlines for second (and subsequent) nuclear waste repositories, thus eliminating Department of Energy authority to site such repositories. Removes the volume limitations placed upon first repositories. Instructs the Secretary of Energy to revise the repository mission plan to reflect the provisions of this Act and to submit such revisions within six months after enactment of this Act. Amends the Nuclear Waste Policy Act of 1982 to prohibit the Secretary from expending funds from the Nuclear Waste Fund for any activity relating to a second or subsequent repository.
Bill· SS. 2354 (99th)referred
United States · United States Congress · 22 April 1986
Nuclear Waste Policy Reform Amendments Act of 1986 - Amends the Nuclear Waste Policy Act of 1982 to prohibit the Secretary of Energy from implementing nuclear waste disposal activities with respect to more than one repository. Declares that any such activities commenced (or decisions made by the Secretary) before the date of enactment of this Act shall be rescinded or terminated. Prohibits the Nuclear Regulatory Commission from authorizing the construction of more than one repository under such Act. Provides that if the Secretary does not meet the January 31, 1998, deadline for high-level radioactive waste disposal then the Secretary must cease all repository activities until: (1) the Nuclear Waste Repository Review Commission (established by this Act) submits a certain report to the Congress; and (2) the Congress specifically authorizes the continuation of such repository activities (thus imposing a moratorium on repository development). Removes the deadlines by which the Secretary and the President must submit candidate site nominations for second repository site characterizations. Prohibits the Secretary from nominating or recommending any crystalline rock site for site characterization for a repository. Removes the volume limitation placed upon a first repository. Establishes the Nuclear Waste Repository Review Commission (if a repository moratorium takes effect) to: (1) review scientific data regarding repository suitability; and (2) compare the use of repositories for radioactive waste disposal with alternative technologies for the permanent isolation of such waste. Requires the Review Commission to report to the Congress by a certain date regarding its activities and recommendations. Authorizes appropriations. Terminates such Commission upon submission of its report. Sets deadlines for draft revisions of the Secretary's mission plan under such Act.
Resolution· SRESS.Res. 386 (99th)referred
United States · United States Congress · 22 April 1986
Expresses the sense of the Senate that petroleum purchases for and construction of the Strategic Petroleum Reserve should be accelerated and that certain sums deferred by the President should be obligated immediately to contract for the development and expansion of the Strategic Petroleum Reserve.
Bill· HRH.R. 4664 (99th)referred
United States · United States Congress · 22 April 1986
Nuclear Waste Policy Reform Amendments Act of 1986 - Amends the Nuclear Waste Policy Act of 1982 to prohibit the Secretary of Energy from implementing nuclear waste disposal activities with respect to more than one repository. Declares that any such activities commenced (or decisions made by the Secretary) before the date of enactment of this Act shall be rescinded or terminated. Prohibits the Nuclear Regulatory Commission from authorizing the construction of more than one repository under such Act. Provides that if the Secretary does not meet the January 31, 1998, deadline for high-level radioactive waste disposal then the Secretary must cease all repository activities until: (1) the Nuclear Waste Repository Review Commission (established by this Act) submits a certain report to the Congress; and (2) the Congress specifically authorizes the continuation of such repository activities (thus imposing a moratorium on repository development). Removes the deadlines by which the Secretary and the President must submit candidate site nominations for second repository site characterizations. Prohibits the Secretary from nominating or recommending any crystalline rock site for site characterization for a repository. Removes the volume limitation placed upon a first repository. Establishes the Nuclear Waste Repository Review Commission (if a repository moratorium takes effect) to: (1) review scientific data regarding repository suitability; and (2) compare the use of repositories for radioactive waste disposal with alternative technologies for the permanent isolation of such waste. Requires the Review Commission to report to the Congress by a certain date regarding its activities and recommendations. Authorizes appropriations. Terminates such Commission upon submission of its report. Sets deadlines for draft revisions of the Secretary's mission plan under such Act.
Bill· HRH.R. 4653 (99th)referred
United States · United States Congress · 22 April 1986
Domestic Petroleum Supply Act of 1986 - Amends the Energy Policy and Conservation Act to direct the Secretary of Energy to purchase domestic crude oil for the Strategic Petroleum Reserve (within a three-year period beginning 30 days after enactment of this Act) from certain stripper well property at an average annual rate of 200,000 barrels a day. Requires the Secretary, during such period, to implement petroleum acquisition transportation and injection activities at a level sufficient to assure a minimum average fill rate of 200,000 barrels per day in addition to any petroleum products acquired to replace withdrawals from the Reserve resulting from test drawdowns and distribution. Requires such petroleum purchases to be: (1) on a competitive bid basis; and (2) at least 75 percent purchased from independent producers.
Bill· HRH.R. 4648 (99th)open
United States · United States Congress · 21 April 1986
Nuclear Safety Board Act of 1986 - Amends the Energy Reorganization Act of 1974 to establish the Nuclear Safety Board to review and assess the licensing and other regulatory practices of the Nuclear Regulatory Commission and to make recommendations to such Commission. Prohibits Federal officers or employees from serving on such Board. Directs the Board to: (1) investigate events under Commission jurisdiction which could adversely affect public health and safety; (2) recommend to the Commission measures to minimize threats to public safety; and (3) issue periodic reports to the Congress and various government agencies affected by activities subject to Commission jurisdiction. Requires such reports to contain: (1) specific recommendations to reduce the likelihood of nuclear events similar to those investigated by the Board; and (2) recommended corrective measures to improve safety conditions at nuclear facilities.
Bill· SS. 2340 (99th)reported
United States · United States Congress · 18 April 1986
Oil Pollution Liability and Compensation Act of 1986 - Subjects the owner or operator of a vessel or facility to liability for oil discharged in violation of the Federal Water Pollution Control Act (unless the discharge was caused by an act of God, war, by a third party, or by Federal negligence). Causes such owners and operators to be liable for: (1) all actual costs of removal incurred by the United States or a State under the Federal Water Pollution Control Act, the Intervention on the High Seas Act, or the Deepwater Port Act of 1974; (2) any removal costs incurred by any person, as removal is defined under the Federal Water Pollution Control Act; and (3) specified damages for economic loss or loss of natural resources resulting from such a discharge. Limits such liability, but stipulates that an owner or operator shall be liable for all damages and removal costs in the case of: (1) willful misconduct or negligence; (2) violation of applicable safety, construction, or operating standards or regulations (within the knowledge or privity of the owner or operator); or (3) a refusal to provide reasonable cooperation and assistance requested by a responsible official. Provides that owners or operators subject to the Outer Continental Shelf Lands Act shall bear all costs of removal. Authorizes the President to establish additional limitations on liability for certain facilities. Provides for third party liability. Establishes the Oil Spill Liability Fund for: (1) payment of removal costs; and (2) related research. Sets forth procedures for asserting claims against the Fund. Requires any claimant, prior to asserting a claim, to present the claim to the owner, operator, or guarantor of the vessel or facility from which the oil was discharged. Directs the President to prescribe forms and procedures for filing claims. Directs the President, acting through certain Federal agencies, to promulgate and periodically review regulations for the assessment of damages for injury to natural resources resulting from an oil spillage. Directs the Comptroller General to report to the Congress regarding Oil Spill Liability Fund audit results. Requires the owner and operator of any offshore vessel and/or facility to establish and maintain stated levels of financial responsibility sufficient to satisfy claims. Amends the Trans-Alaska Pipeline Authorization Act to abolish the Trans-Alaska Pipeline Liability Fund. Replaces the Trans-Alaska Pipeline Liability Fund and the Deepwater Port Liability Fund with the Oil Spill Liability Fund of this Act. Repeals the oil spill liability provisions of the Outer Continental Shelf Lands Act Amendments of 1978 (thereby replacing the Offshore Oil Pollution Compensation Fund under that Act with the Oil Spill Liability Fund established in this Act).
Bill· SS. 2327 (99th)open
United States · United States Congress · 17 April 1986
Amends the Low-Income Home Energy Assistance Act of 1981 to specify the State allotment formula which the Secretary of Health and Human Services is required to use when implementing a presidential order requiring the sequestration (through the application of a reduction percentage) of budget authority provided for a fiscal year under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act).
Bill· SS. 2328 (99th)referred
United States · United States Congress · 17 April 1986
Prohibits for a period of ten years any disposition of any federally owned or operated power production or transmission facility located in the conterminous 48 States whose electric energy is transmitted for sale by a Federal Power Marketing Administration or by the Tennessee Valley Authority. Exempts from such proscription certain authority granted: (1) under the Bonneville Project Act of 1937; (2) to the Tennessee Valley Authority for property dispositions in the normal course of business; and (3) to the Administrator of the General Services Administration to dispose of surplus property. Makes such proscription inapplicable to transactions involving the production and transmission of electric power among Federal officials that may occur in the normal course of business.
Bill· HRH.R. 4637 (99th)referred
United States · United States Congress · 17 April 1986
Nuclear Waste Policy Reform Amendments Act of 1986 - Amends the Nuclear Waste Policy Act of 1982 to prohibit the Secretary of Energy from implementing nuclear waste disposal activities with respect to more than one repository. Declares that any such activities commenced (or decisions made by the Secretary) before the date of enactment of this Act shall be rescinded or terminated. Prohibits the Nuclear Regulatory Commission from authorizing the construction of more than one repository under such Act. Provides that if the Secretary does not meet the January 31, 1998, deadline for high-level radioactive waste disposal then the Secretary must cease all repository activities until: (1) the Nuclear Waste Repository Review Commission (established by this Act) submits a certain report to the Congress; and (2) the Congress specifically authorizes the continuation of such repository activities (thus imposing a moratorium on repository development). Removes the deadlines by which the Secretary and the President must submit candidate site nominations for second repository site characterizations. Prohibits the Secretary from nominating or recommending any crystalline rock site for site characterization for a repository. Removes the volume limitation placed upon a first repository. Establishes the Nuclear Waste Repository Review Commission (if a repository moratorium takes effect) to: (1) review scientific data regarding repository suitability; and (2) compare the use of repositories for radioactive waste disposal with alternative technologies for the permanent isolation of such waste. Requires the Review Commission to report to the Congress by a certain date regarding its activities and recommendations. Authorizes appropriations. Terminates such Commission upon submission of its report. Sets deadlines for draft revisions of the Secretary's mission plan under such Act.
Bill· HRH.R. 4604 (99th)open
United States · United States Congress · 16 April 1986
Natural Gas Policy Act Amendments of 1986 - Title I: Open Access to Transportation - Amends the Natural Gas Policy Act of 1978 to authorize the Federal Energy Regulatory Commission (the Commission) to: (1) allow any pipeline to transport natural gas on behalf of any person; (2) require pipelines to transport gas without discrimination; and (3) require pipelines which receive gas to provide nondiscriminatory transportation services. Requires the Commission (upon request by any person) to direct an interstate pipeline to provide transportation service (without discrimination) unless such pipeline demonstrates to the Commission that it is incapable of providing such service. Title II: Removal of Wellhead Price Controls and Repeal of Jurisdiction Over First Sales - Removes wellhead price controls over all natural gas first sales beginning April 1, 1987. Removes such control for certain gas sales contracts executed after March 1, 1986. Removes Commission jurisdiction over first sales of natural gas committed or dedicated as of the day before enactment of this Act. Repeals Commission authority to specify the minimum duration of certain natural gas contracts (thus removing all non-price regulation of first sales of natural gas). Declares that, with respect to ceiling prices of certain natural gas sales, the last price paid for such gas shall be considered a federally established rate for purposes of an area rate clause. Title III: Repeal of Certain Restrictions on the Use of Natural Gas and Petroleum Use and Pricing - Amends the Powerplant and Industrial Fuel Use Act of 1978 to: (1) repeal the prohibitions against the use by electric powerplants and major fuel-burning installations of petroleum and natural gas as primary energy sources; (2) remove the restrictions placed upon Federal major fuel-burning installations against the use of natural gas and petroleum as primary energy sources; and (3) repeal the guidelines for the emergency use of natural gas or petroleum as a primary energy source by any person operating a peakload powerplant or a major fuel-burning installation. Revokes the authority of the Secretary of Energy to require any major fuel-burning installation to furnish certain information regarding the use of primary energy sources of fuel. Amends the Natural Gas Policy Act of 1978 to repeal the natural gas incremental pricing provisions. States that incremental pricing rules promulgated by the Commission shall continue in effect only with respect to the flow-through of costs incurred before enactment of this Act, including any surcharges based on such costs.
Bill· SS. 2291 (99th)open
United States · United States Congress · 11 April 1986
Nuclear Safety Board Act of 1986 - Amends the Energy Reorganization Act of 1974 to establish the Nuclear Safety Board to review and assess the licensing and other regulatory practices of the Nuclear Regulatory Commission and to make recommendations to such Commission. Prohibits Federal officers or employees from serving on such Board. Directs the Board to: (1) investigate events under Commission jurisdiction which could adversely affect public health and safety; (2) recommend to the Commission measures to minimize threats to public safety; and (3) issue periodic reports to the Congress and various government agencies affected by activities subject to Commission jurisdiction. Requires such reports to contain: (1) specific recommendations to reduce the likelihood of nuclear events similar to those investigated by the Board; and (2) recommended corrective measures to improve safety conditions at nuclear facilities.
Bill· SS. 2285 (99th)open
United States · United States Congress · 10 April 1986
Natural Gas Policy Act Amendments of 1986 - Title I: Open Access to Transportation - Amends the Natural Gas Policy Act of 1978 to authorize the Federal Energy Regulatory Commission (the Commission) to: (1) allow any pipeline to transport natural gas on behalf of any person; (2) require pipelines to transport gas without discrimination; and (3) require pipelines which receive gas to provide nondiscriminatory transportation services. Requires the Commission (upon request by any person) to direct an interstate pipeline to provide transportation service (without discrimination) unless such pipeline demonstrates to the Commission that it is incapable of providing such service. Title II: Removal of Wellhead Price Controls and Repeal of Jurisdiction Over First Sales - Removes wellhead price controls over all natural gas first sales beginning April 1, 1987. Removes such control for certain gas sales contracts executed after March 1, 1986. Removes Commission jurisdiction over first sales of natural gas committed or dedicated as of the day before enactment of this Act. Repeals Commission authority to specify the minimum duration of certain natural gas contracts (thus removing all non-price regulation of first sales of natural gas). Declares that, with respect to ceiling prices of certain natural gas sales, the last price paid for such gas shall be considered a federally established rate for purposes of an area rate clause. Title III: Repeal of Certain Restrictions on the Use of Natural Gas and Petroleum Use and Pricing - Amends the Powerplant and Industrial Fuel Use Act of 1978 to: (1) repeal the prohibitions against the use by electric powerplants and major fuel-burning installations of petroleum and natural gas as primary energy sources; (2) remove the restrictions placed upon Federal major fuel-burning installations against the use of natural gas and petroleum as primary energy sources; and (3) repeal the guidelines for the emergency use of natural gas or petroleum as a primary energy source by any person operating a peakload powerplant or a major fuel-burning installation. Revokes the authority of the Secretary of Energy to require any major fuel-burning installation to furnish certain information regarding the use of primary energy sources of fuel. Amends the Natural Gas Policy Act of 1978 to repeal the natural gas incremental pricing provisions. States that incremental pricing rules promulgated by the Commission shall continue in effect only with respect to the flow-through of costs incurred before enactment of this Act, including any surcharges based on such costs.
Bill· HRH.R. 4556 (99th)referred
United States · United States Congress · 10 April 1986
Amends the Low-Income Home Energy Assistance Act of 1981 to specify the State allotment formula which the Secretary of Health and Human Services is required to use when implementing a presidential order requiring the sequestration (through the application of a reduction percentage) of budget authority provided for FY 1986 or any fiscal year thereafter.
Bill· HRH.R. 4559 (99th)referred
United States · United States Congress · 10 April 1986
Amends the Tennessee Valley Authority Act of 1933 to revise provisions regarding the composition, operation, and duties of the Board of Directors of the Tennessee Valley Authority. Increases the membership of the Board from three to nine members. Specifies the States in which certain members shall be residents. Requires the Board to: (1) direct the management of the Authority's business; (2) establish management policies and a system to fix responsibility and promote efficiency; (3) appoint, and delegate management duties to, a Chief Executive Officer; (4) create an electric rate review committee; (5) create an audit committee; (6) create other committees as necessary; and (7) conduct public hearings on issues that would have a substantial effect on people of the region. Authorizes the Board to: (1) establish an annual fund to make awards to employees for meritorious service; and (2) authorize supplemental payments to the basic pay of those employees hired when certain recruitment or retention problems exist. Transfers the authority to appoint personnel from the Board to the Chief Executive Officer, with the advice and consent of the Board. Amends the Inspector General Act of 1978 to extend its provisions to the Tennessee Valley Authority.
Bill· HRH.R. 4564 (99th)referred
United States · United States Congress · 10 April 1986
Secure Energy Supply Act of 1986 - Title I: Deduction and Special Net Operating Loss Treatment for Producers for Certain Losses On Crude Oil - Amends the Internal Revenue Code to permit crude oil producers to deduct as a qualified loss 100 percent of the amount by which the removal price of the oil is below the adjusted base price of such oil plus the amount of the severance tax adjustment with respect to such oil, in the case of independent producer oil, and 80 percent of such amount for all other domestic crude oil. Prohibits the aggregate loss deductions from exceeding the aggregate amount of windfall profit tax paid by such producer. Allows the qualified losses with respect to domestic crude oil to be carried back to each of the six taxable years preceding the taxable year of such loss. Repeals the windfall profit tax. Title II: Increase in Tariffs on Petroleum and Petroleum Products - Amends the Tariff Schedules of the United States to increase the duties on crude petroleum and fuel oils, crude shale oil, motor fuels, kerosene, and napthas imported into the United States (by specified amounts plus applicable offset amounts per barrel). Defines "applicable offset amount." Requires the Secretary of the Treasury to refund the applicable offset amount if the petroleum product on which such duty was paid: (1) was used as heating fuel or in the production of heating fuel; or (2) is necessary to the manufacturing process for products destined for export. Provides that revenues from the increased duties imposed by this Act shall be allocated to the Petroleum Tariff Account. Authorizes and directs the Secretary of the Treasury to pay out of such account any refunds which are allowed under this Act. Expresses the sense of the Congress that any funds in such account that are not needed to make such refunds should be used to reduce the Federal budget deficit. Title III: Filling Strategic Petroleum Reserve with Stripper Well Oil - Amends the Energy Policy and Conservation Act to require the Strategic Petroleum Reserve to be filled with crude oil produced in the United States from stripper wells or crude oil exchanged for stripper well oil. Requires the oil to be purchased at an adjusted base price level established under the Windfall Profit Tax Act. Authorizes appropriations for the purpose of filling the Strategic Petroleum Reserve. Title IV: Removal of Wellhead Price Controls and Repeal of Natural Gas Act Jurisdiction Over Certain First Sales of Natural Gas - Amends the Natural Gas Policy Act to remove the wellhead price controls on certain natural gas. Repeals Natural Gas Policy Act jurisdiction over certain sales of committed or dedicated natural gas. Repeals provisions relating to: (1) allowing the reimposition of price controls; and (2) reports to the Congress. Title V: Repeal of Certain Restrictions On the Use of Natural Gas and Petroleum - Repeals certain provisions of the Powerplant and Industrial Fuel Use Act of 1978 pertaining to restrictions on the use of natural gas and petroleum, including the restrictions on the construction of gas-burning electric power plants. Title VI: Repeal of Incremental Pricing Requirements - Repeals the incremental pricing requirements contained in the Natural Gas Policy Act. Title VII: Flexibility in Rescheduling or Marking Down Troubled Loans - Directs the chairmen of the Federal Reserve Board and the Federal Deposit Insurance Corporation to promulgate regulations granting financial institutions with energy-related loans greater flexibility in rescheduling or marking down troubled loans.
Bill· HRH.R. 4553 (99th)referred
United States · United States Congress · 10 April 1986
Energy Incentives and Agricultural Financial Resources Act of 1986 - Title I: Sense of Congress on Tax Reform Provisions Which Detrimentally Affect the Petroleum Industry - Declares that it is the sense of the Congress that retention of current income tax provisions relating to the petroleum industry is necessary to provide capital formation for the industry. Urges elimination of any provision of the Tax Reform Act of 1985 (H.R. 3838) or of any similar tax reform legislation which would detrimentally affect the oil depletion allowance, the deduction for intangible drilling and development costs, the credit for producing fuel from a nonconventional source, or other tax provisions favorable to the petroleum industry. Title II: Federal Banking Agency Cooperation with Troubled Banks and Thrift Institutions - Amends the Federal Deposit Insurance Act to revise provisions concerning the extraordinary acquisition of troubled banks and thrift institutions. Authorizes an in-State or out-of-State bank holding company or savings and loan holding company to: (1) establish a newly chartered bank in a State where an insured bank with total assets of $250,000,000 or more is closed or is in danger of failing (as determined by the Federal Deposit Insurance Corporation) for the purpose of purchasing the assets and assuming the liabilities of the closed or failing bank; (2) purchase the stock of the failing bank; (3) purchase the stock or assets of, or merge with, a bank subsidiary which is in danger of closing if the subsidiary holds 35 percent or more of the assets of a bank holding company with assets of at least $1,000,000,000; or (4) establish a newly chartered bank in the same State as the failing subsidiary to merge with, or purchase the assets and assume the liabilities of, such subsidiary or affiliated banks. Requires any such transaction to be approved by the Corporation and the primary Federal and State supervisors of each party thereto. Provides that an out-of-State bank holding company which acquires a closed or failing bank shall not be entitled to acquire additional banks in the State in which such bank is located. Authorizes any acquired bank to retain and operate all existing branches and to establish new branches to the same extent as a national bank located at such bank's principal office. Prohibits any in-State or out-of-State bank holding company which acquires a closed or failing bank from being required to divest any other bank or from being prevented from acquiring any other bank or bank holding company by reason of such acquisition. Sets forth provisions concerning: (1) the shareholder approval of such an acquisition; and (2) the solicitation of offers and disclosure of information to prospective purchasers by the Corporation. Amends the Garn-St Germain Depository Institutions Act of 1982 to extend the Net Worth Certificate Act for two years. Requires the appropriate Federal banking agency to: (1) permit an insured agricultural or energy bank to account for troubled debt restructuring according to generally accepted accounting principles by not requiring a change in the recorded investment unless the investment exceeds total, reasonably anticipated, future receipts, given the new terms of the loan; (2) establish a program of capital standard forbearance for such an insured bank for which capital reduction is largely attributable to problems in the agricultural or energy sectors of the economy or any other sector of the economy experiencing financial difficulties; and (3) implement call report requirements for renegotiated loans which authorize such loans to be disclosed as "restructured and in compliance with modified terms." Directs the Comptroller of the Currency to establish new lending limits for banks covered by the capital standard forbearance program. Prohibits such a lending limitation from exceeding 20 percent of the unimpaired capital and unimpaired surplus of the lending institution. Creates a moratorium on the establishment of nonbank banks until July 15, 1986. Title II: Repeal of Certain Restrictions on the Use of Natural Gas and Petroleum -(Please note that H.R.4553 has two titles numbered "Title II.") - Amends the Powerplant and Industrial Fuel Use Act of 1978 to: (1) repeal the prohibitions against the use by electric powerplants and major fuel-burning installations of petroleum and natural gas as primary energy sources; (2) remove the restrictions placed upon Federal major fuel-burning installations against the use of natural gas and petroleum as primary energy sources; and (3) repeal the guidelines for the emergency use of natural gas or petroleum as a primary energy source by any person operating a peakload powerplant or a major fuel-burning installation. Revokes the authority of the Secretary of Energy to require any major fuel-burning installation to furnish certain information regarding the use of primary energy sources of fuel. Amends the Natural Gas Policy Act of 1978 to repeal the natural gas incremental pricing provisions. States that incremental pricing rules promulgated by the Federal Energy Regulatory Commission (FERC) shall continue in effect only with respect to the flow-through of costs incurred before enactment of this Act, including any surcharges based on such costs. Authorizes FERC to direct natural gas companies to provide transportation services through certificated facilities if to do so does not impair such companies' ability to render adequate service to their customers. Provides for the transportation of natural gas on a non-discriminatory basis as to class of shipper or recipient.
Bill· HRH.R. 4554 (99th)referred
United States · United States Congress · 10 April 1986
Amends the Tariff Schedules of the United States to increase the tariff on crude petroluem, motor fuel, kerosene, certain naphthas, and certain liquid forms of hydrocarbon mixtures. Provides that the amount of the tariff increase involves a formula based on the average world price of each such article and a certain applicable offset amount for each such article. Requires the Secretary of Energy to determine and publish the average world price of each such article for each calendar quarter. Directs the Secretary of the Treasury to publish the applicable offset amount for each such article for each calendar quarter. Requires the revenues from the increased tariff to be used to reduce the deficit in the Federal budget.