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Provide for reconciliation pursuant to title II of H. Con. Res. 14Section 50401 › Proposal

$218,000,000 goes to maintaining and repairing the reserve

To provide for reconciliation pursuant to title II of H. Con. Res. 14, section 50401, Sec. 50401. Written by .

$218,000,000 goes to maintaining and repairing the reserve

The document says “shallWho acts: Department of EnergyHow: statuteSec. 50401 in the PDF
What the document says

“$218,000,000 for maintenance of, including repairs to, storage facilities and related facilities of the Strategic Petroleum Reserve; and”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 50401

The section appropriates $218,000,000 to the Department of Energy for fiscal year 2025, available through September 30, 2029, for maintenance of and repairs to the storage facilities and related facilities of the Strategic Petroleum Reserve. The terms related facility, storage facility and Strategic Petroleum Reserve take their meanings from section 152 of the Energy Policy and Conservation Act (42 U.S.C. 6232).

What the document actually says

“$218,000,000 for maintenance of, including repairs to, storage facilities and related facilities of the Strategic Petroleum Reserve; and”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 50401
That sentence, in plain words

The sum is $218 million. It keeps the oil reserve in working order. That includes repairs to its tanks and other sites.

What this is about

The money goes to the energy department. It is for fiscal year 2025. It can be spent through September 30, 2029.

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