REQUIREMENTS FOR TANK LEVEL AND PRESSURE MONITORING DEVICES.

SEC. 702. REQUIREMENTS FOR TANK LEVEL AND PRESSURE MONITORING DEVICES. (a) Requirements.—Section 4110 of the Oil Pollution Act of 1990 (46 U.S.C. 3703 note) is amended—118 STAT. 1069(1) in subsection (a), by striking “Not later than 1 year after the date of the enactment of this Act, the Secretary shall” and inserting “The Secretary may”; and(2) in subsection (b)—(A) by striking “Not later than 1 year after the date of the enactment of this Act, the Secretary shall” and inserting “No sooner than 1 year after the Secretary prescribes regulations under subsection (a), the Secretary may”; and(B) by striking “the standards” and inserting “any standards”. (b) Study.—(1) Study requirement.—The Secretary of the department in which the Coast Guard is operating shall conduct a study analyzing the costs and benefits of methods other than those described in subsections (a) and (b) of section 4110 of the Oil Pollution Act of 1990 for effectively detecting the loss of oil from oil cargo tanks. The study may include technologies, monitoring procedures, and other methods.(2) Input.—In conducting the study, the Secretary may seek input from Federal agencies, industry, and other entities.(3) Report.—The Secretary shall submit a report on the findings and conclusions of the study to the Committee on Commerce, Science, and Transportation of the Senate and Committee on Transportation and Infrastructure of the House of Representatives by not later than 180 days after the date of the enactment of this Act.