Sec. 3. Definitions
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/bill/113/hr/1985/ih/section-3A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 703 of the National Oilheat Research Alliance Act of 2000 ( 42 U.S.C. 6201 note; Public Law 106–469) is amended— by redesignating paragraphs
(3)through
(15)as paragraphs
(4)through (16), respectively; by inserting after paragraph
(2)the following: The term cost-effective , with respect to a program or activity carried out under section 707(f)(4), means that the program or activity meets a total resource cost test under which— the net present value of economic benefits over the life of the program or activity, including avoided supply and delivery costs and deferred or avoided investments; is greater than the net present value of the economic costs over the life of the program or activity, including program costs and incremental costs borne by the energy consumer. ; and by striking paragraph
(8)(as redesignated in paragraph (1)) and inserting the following: The term oilheat fuel means fuel that— is— No. 1 distillate; No. 2 dyed distillate; a liquid blended with No. 1 distillate or No. 2 dyed distillate; or a biobased liquid; and is used as a fuel for nonindustrial commercial or residential space or hot water heating. . The National Oilheat Research Alliance Act of 2000 ( 42 U.S.C. 6201 note; Public Law 106–469 ) is amended by striking oilheat each place it appears and inserting oilheat fuel . Section 704(d) of the National Oilheat Research Alliance Act of 2000 ( 42 U.S.C. 6201 note; Public Law 106–469) is amended in the subsection heading by striking and inserting oilheat . oilheat fuel Section 706(c)(2) of the National Oilheat Research Alliance Act of 2000 ( 42 U.S.C. 6201 note; Public Law 106–469 ) is amended in the paragraph heading by striking and inserting oilheat . oilheat fuel Section 707(c) of the National Oilheat Research Alliance Act of 2000 ( 42 U.S.C. 6201 note; Public Law 106–469) is amended in the subsection heading by striking and inserting oilheat . oilheat fuel
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- Pub. L. 106-469
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