Pub. L. 115-56, div. D, sec. 158 (as amended)
Pub. L. 115-56, div. D, sec. 158 (as amended)
SEC. 158. As authorized by section 404 of the Bipartisan Budget Act of 2015 (Public Law 114โ74; 42 U.S.C. 6239 note), the Secretary of Energy shall draw down and sell not to exceed $350,000,000 of crude oil from the Strategic Petroleum Reserve in fiscal year 2018: Provided, That the proceeds from such drawdown and sale shall be deposited into the โEnergy Security and Infrastructure Modernization Fundโ (in this section referred to as the โFundโ) during fiscal year 2018: Provided further, That in addition to amounts otherwise made available by section 101, any amounts deposited in the Fund shall be made available and shall remain available until expended at a rate for operations of $350,000,000, for necessary expenses in carrying out the Life Extension II project for the Strategic Petroleum Reserve.
- Public laws referenced
- 114-74