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Code · BILL · 115th Congress · H.R. 49 (Introduced in House) — To direct the Secretary of the Interior to establish and implement a competitive oil and gas leasing program that wil... · Sec. 12

Sec. 12. ANWR Alternative Energy Trust Fund

290 words·~1 min read·/bill/115/hr/49/ih/section-12

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There is established in the Treasury of the United States a trust fund to be known as the ANWR Alternative Energy Trust Fund , consisting of such amounts as may be transferred to the ANWR Alternative Energy Trust Fund as provided in section 9. Amounts in the ANWR Alternative Energy Trust Fund shall be available without further appropriation to carry out specified provisions of the Energy Policy Act of 2005 ( Public Law 109–58 ; in this section referred to as EPAct2005 ) and the Energy Independence and Security Act of 2007 ( Public Law 110–140 ; in this section referred to as EISAct2007 ), as follows:
To carry out the provisions of: The following percentage of annual receipts to the ANWR Alternative Energy Trust Fund, but not to exceed the limit on amount authorized, if any: EPAct2005: Section 210 1.5 percent Section 242 1.0 percent Section 369 2.0 percent Section 401 6.0 percent Section 812 6.0 percent Section 931 19.0 percent Section 942 1.5 percent Section 962 3.0 percent Section 968 1.5 percent Section 1704 6.0 percent EISAct2007: Section 207 15.0 percent Section 607 1.5 percent Title VI, Subtitle B 3.0 percent Title VI, Subtitle C 1.5 percent Section 641 9.0 percent Title VII, Subtitle A 15.0 percent Section 1112 1.5 percent Section 1304 6.0 percent.
Notwithstanding paragraph (1), any amounts allocated under paragraph
(1)that are in excess of the amounts authorized in the applicable cited section or subtitle of EPAct2005 and EISAct2007 shall be reallocated to the remaining sections and subtitles cited in paragraph (1), up to the amounts otherwise authorized by law to carry out such sections and subtitles, in proportion to the amounts authorized by law to be appropriated for such other sections and subtitles.
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  • Pub. L. 109-58
  • Pub. L. 110-140
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Sec. 12
ANWR Alternative Energy Trust Fund
Pub. L.Pub. L. 109-58
Pub. L.Pub. L. 110-140
Cites 2Cited by 0 across 0 sources
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