Petroleum Consumer Overcharge Restitution Act

Summary

Petroleum Consumer Overcharge Restitution Act - Directs the Secretary of Energy to disburse to the States: (1) funds from accounts held in escrow as a result of alleged petroleum pricing and allocation violations, subtracting amounts necessary to pay all identifiable legitimate overcharge claims; and (2) in addition to such funds, all other amounts hereafter collected as a result of petroleum pricing and allocation violations which are attributable to injuries to unidentifiable parties and are not necessary to satisfy the claims of identifiable injured claimants. States that such disbursements shall be available for energy conservation programs. Directs the Comptroller General to review the use of such funds.

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1 official file

• Introduced in Senate

  summary · EN · 9 February 1984

  Open at official source

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