§6246. Authorization of appropriations

There are authorized to be appropriated-

(1) such funds as are necessary to develop and implement the Early Storage Reserve Plan (including planning, administration, acquisition, and construction of storage and related facilities) and as are necessary to permit the acquisition of petroleum products for storage in the Early Storage Reserve or, if the Strategic Petroleum Reserve Plan has become effective under section 6239(a) of this title, for storage in the Strategic Petroleum Reserve in the minimum volume specified in section 6234(a) or 6235(a)(2) of this title, whichever is applicable;

(2) $1,100,000,000 to remain available until expended to carry out the provisions of this part to develop the Strategic Petroleum Reserve Plan and to implement such plan which has taken effect pursuant to section 6239(a) of this title, including planning, administration, and acquisition and construction of storage and related facilities, but no funds are authorized to be appropriated under this paragraph for the purchase of petroleum products for storage in the Strategic Petroleum Reserve;

(3) such funds for the fiscal year ending September 30, 1978, not to exceed $1,210,000,000, as are necessary to permit the acquisition and storage of petroleum products in the Strategic Petroleum Reserve, in accordance with the storage schedule set forth in the Strategic Petroleum Reserve Plan then in effect in excess of the minimum volume specified in section 6234(a) of this title, but not in excess of 500,000,000 barrels; and

(4) for the fiscal year ending September 30, 1982, not to exceed $260,000,000 to carry out the provisions of this part, except-

(A) acquisition, transportation, and injection of petroleum products for the Reserve, and

(B) the carrying out of any drawdown and distribution of the Reserve.

( Pub. L. 94–163, title I, §166, Dec. 22, 1975, 89 Stat. 890 ; Pub. L. 95–70, §4, July 21, 1977, 91 Stat. 277 ; Pub. L. 97–35, title X, §1034(b), Aug. 13, 1981, 95 Stat. 619 .)

Amendments

1981-Par. (4). Pub. L. 97–35 added par. (4).

1977-Par. (3). Pub. L. 95–70 added par. (3).

Effective Date of 1981 Amendment

Amendment by Pub. L. 97–35 effective Aug. 13, 1981, see section 1038 of Pub. L. 97–35, set out as a note under section 6240 of this title.