PUBLIC LAW 94-258—APR. 5, 1976
90 STAT. 313
"(4) the procurement of petroleum for, and the construction and operation of facilities associated with, the Strategic Petroleum Reserve authorized by sections 151 through 166 of the Energy Policy and Conservation Act; and "(5) the exploration and study of the National Petroleum Reserve in Alaska as authorized in title I of the Naval Petroleum Reserves Production Act of 1976. "(c) The budget estimates for annual appropriations from the naval petroleum reserves special account shall be prepared by the Secretary and shall be presented to the Congress by the President independently of the budget of the Department of t i e Navy and the Department of Defense. "(d) Contracts under this chapter providing for the obligation of funds may be entered into by the Secretary for a period of five years, renewable, at the option of the Secretary, for an additional five-year period; however, such contracts may obligate funds only to the extent that such funds are made available in annual appropriations.". (14) Section 7433(a) is amended by striking out "of the Navy". (15) Section 7433(b) is amended by striking out "and oil shale". (16) Section 74.34 is amended by striking out "and oil shale". (17) Section 7435(b) is amended by striking out "of the Navy". (18) Section 7436(a) is amended by deleting "of the Navy, subject to approval of the President,". (19) Section 7438 is amended by striking out "Secretary of tl:e Interior" wherever it occurs and inserting therefor "Administrator of the Energy Research and Development Administration"; and by striking out "of the Navy" wherever it occurs. (20) The table of sections at the beginning of such chapter is amended— (A) by inserting immediately before "7421. Jurisdiction and control."
the following: "7420. DefinitiOTis."
(B) by striking out: "7432. Expenditures; appropriations chargeable." and inserting in lieu thereof the following: "7432. Naval petroleum reserve special account."
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Approved April 5, 1976.
LEGISLATIVE HISTORY: HOUSE REPORTS: No. 94-81 Pts. I, 2, 3 (Comm. on Interior and Insular Affairs) and No. 94-156 accompanying H.R. 5919 (Comm. on Armed Services) and No. 94-942 (Comm. of eonference). SENATE REPORTS: No. 94-327 accompanying S. 2173 (Comm. on Armed Services) and No. 94-708 (Comm. of eonference). CONGRESSIONAL RECORD: Vol. 121 (1975): July 8, considered and passed House. July 28, S. 2173 consiclered in Senate. July 29, considered and passed Senate, amended, in lieu of S. 2173. Vol. 122 (1976): Mar. 24, Senate agreed to conference report. Mar. 31, House agreed to conference report. WEEKLY COMPILATION OF PRESIDENTIAL DOCUMENTS: Vol. 12, No. 15 (1976): Apr. 5, Presidential statement.
42 USC 6231-6246. Ante, p. 303. Budget estimates, presentation to Congress.
Contracts.
10 USC 7433. 10 USC 7434. 10 USC 7435. 10 USC 7436. 10 USC 7438.
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