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H. Rept. 115-965 1 (2018-09-25)

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U.S. GOVERNMENT
INFORMATION
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                    115TH CONGRESS                                          REPORT
                        2d Session     HOUSE OF REPRESENTATIVES             115-965







                          STRATEGIC PETROLEUM RESERVE REFORM ACT



                       SEPTEMBER 25, 2018.-Committed to the Committee of the Whole House on the
                                     State of the Union and ordered to be printed



                        Mr. WALDEN, from the Committee on Energy and Commerce,
                                          submitted the following


                                              REPORT

                                                together with

                                           ADDITIONAL VIEWS

                                           [To accompany H.R. 6511]

                      The Committee on Energy and Commerce, to whom was referred
                    the bill (H.R. 6511) to authorize the Secretary of Energy to carry
                    out a program to lease underutilized Strategic Petroleum Reserve
                    facilities, and for other purposes, having considered the same, re-
                    port favorably thereon with an amendment and recommend that
                    the bill as amended do pass.

                                                 CONTENTS
                                                                                     Page
                    Purpose and Sum m ary  ...........................................................................................  3
                    Background and Need for  Legislation  ...................................................................  3
                    C om m ittee  A ction  ...................................................................................................  7
                    C om m ittee  V otes  ......................................................................................................  8
                    Oversight Findings and  Recommendations     ..........................................................  8
                    New Budget Authority, Entitlement Authority, and Tax Expenditures .............    8
                    Congressional Budget Office  Estim ate  ...................................................................  8
                    Federal M andates  Statem ent  ................................................................................  8
                    Statement of General Performance Goals and Objectives ....................................  8
                    Duplication  of  Federal Program s  ...........................................................................  8
                    Com m ittee  Cost  E stim ate  .......................................................................................  9
                    Earmark, Limited Tax Benefits, and Limited Tariff Benefits .............................  9
                    Disclosure  of Directed  Rule  M akings  ....................................................................  9
                    A dvisory  Com m ittee  Statem ent  .............................................................................  9
                    Applicability  to  Legislative  Branch  .......................................................................  9
                    Section-by-Section  Analysis of the  Legislation  ......................................................  9
                    Changes in Existing Law Made by the Bill, as Reported .....................................  10
                    A ddition al  V iew s  ......................................................................................................  13
                      The amendment is as follows:
                        79-006

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