Laws: Cases and Codes : U.S. Code : Title 15 : Section 4505


   
U.S. Code as of: 01/19/04
Section 4505. Reports

    (a) Report on receipts and disbursements
      The Secretary shall transmit, not later than 60 days after
    October 21, 1986, a report to the committees referred to in
    subsection (d) of this section containing a clear and complete
    statement of all receipts, disbursements, and commitments of
    restitutionary amounts, as of October 21, 1986, by the Secretary
    pursuant to - 
        (1) any judicial or administrative proceeding (including any
      settlement agreement or declaratory judgment) instituted at any
      time by the Secretary to enforce the crude oil and petroleum
      product pricing and allocation regulations issued under the
      Emergency Petroleum Allocation Act of 1973 [15 U.S.C. 751 et
      seq.] or the Economic Stabilization Act of 1970; or
        (2) section 155 of Public Law 97-377.
    (b) Report on collection of certain deficiency funds
      The Secretary shall transmit a report each fiscal year, beginning
    in fiscal year 1987, to such committees on the status of
    collections by the Secretary of deficiency funds to be deposited
    into the M.D.L. No. 378 escrow account established by the United
    States District Court for the District of Kansas until all such
    deficiency funds have been paid. The Secretary shall, in a manner
    substantially similar to that required by section 155 of Public Law
    97-377 with respect to amounts disbursed under such section,
    monitor the disposition by the States of any funds disbursed to the
    States by the court pursuant to the opinion and order of such
    District Court, dated July 7, 1986, with respect to In Re: the
    Department of Energy Stripper Well Exemption Litigation, M.D.L. No.
    378, including the use of such funds for administrative costs and
    attorneys fees.
    (c) Report on amount estimated to be available for indirect
      restitution
      The Secretary shall transmit, on March 1 of each year beginning
    with 1987 and continuing until all the restitutionary amounts to
    which section 4501(a) of this title applies have been collected and
    disbursed as provided in this chapter, a report to such committees
    containing an estimate of the amount that will be determined under
    section 4502(c) (!1) of this title to be the excess amount for
    purposes of section 4502(d)(1)(B) (!1) of this title for the fiscal
    year beginning the next October 1.

    (d) Receipt by committees
      The reports required by this chapter shall be transmitted to the
    Committee on Energy and Commerce of the House of Representatives
    and the Committee on Energy and Natural Resources of the Senate.



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