§ 3227. Transfer date

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1. 2020

   Energy and Water Development and Related Agencies Appropriations Act, 2021

   Pub. L. 116–260 div. W title III § 305(a) · 134 Stat. 1182

   Enacted · 50 U.S.C. § 3227

   (July 26, 1947, ch. 343, title X, § 1031, as added Pub. L. 116–260, div. W, title III, § 305(a), Dec. 27, 2020, 134 Stat. 2366.)

   Source evidence

   Code source credit
   (July 26, 1947, ch. 343, title X, § 1031, as added Pub. L. 116–260, div. W, title III, § 305(a), Dec. 27, 2020, 134 Stat. 2366.)

   Enacted provision · exact public law section
   Sec. 305. Notwithstanding Determination. President. section 161 of the Energy Policy and Conservation Act (42 U.S.C. 6241), upon a determination by the President in this fiscal year that a regional supply shortage of refined petroleum product of significant scope and duration exists, that a severe increase in the price of refined petroleum product will likely result from such shortage, and that a draw down and sale of refined petroleum product would assist directly and significantly in reducing the adverse impact of such shortage, the Secretary of Energy may draw down and sell refined petroleum product from the Strategic Petroleum Reserve. Proceeds from a sale under this section shall be deposited into the SPR Petroleum Account established in section 167 of the Energy Policy and Conservation Act (42 U.S.C. 6247), and such amounts shall be available for obligation, without fiscal year limitation, consistent with that section.

1 of 1 references resolved to an enrolled provision