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Code · STATUTE-COMPILATIONS · Consolidated Appropriations Act, 2018 · Sec. 306

Sec. 306. ### (a) New Regional Reserves

122 words·~1 min read·/statute-compilations/comps-15475/sec-306

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## SEC. 306 ###
(a)New Regional Reserves The Secretary of Energy may not establish any new regional petroleum product reserve unless funding for the proposed regional petroleum product reserve is explicitly requested in advance in an annual budget submission and approved by the Congress in an appropriations Act. ###
(b)The budget request or notification shall include— ####
(1)the justification for the new reserve; ####
(2)a cost estimate for the establishment, operation, and maintenance of the reserve, including funding sources; ####
(3)a detailed plan for operation of the reserve, including the conditions upon which the products may be released; ####
(4)the location of the reserve; and ####
(5)the estimate of the total inventory of the reserve.
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