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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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