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- H.R.887
H.R.887: To amend title 10, United States Code, to require the Secretary of Energy to sell the naval petroleum reserves since such reserves are no longer necessary for the national security of the United States.
About This Bill
- This bill was introduced in the 104th Congress
- This bill is primarily about congress
- Introduced Feb. 9, 1995
- Latest Major Action June 1, 1995
Bill Sponsor
Bill Cosponsors
6 (2 Democrats, 4 Republicans)
Bill Summary
Directs the Secretary of Energy to complete the sale of U.S. naval petroleum reserves within one year after the enactment of this Act. Requires such sale to be for at least fair market value, using competitive procedures. Requires petroleum purchasers to be held harmless for any claim of liability arising exclusively from or during U.S. ownership. Waives certain congressional consultation and presidential approval requirements with respect to...
(Source: Library of Congress)
Bill Actions
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Referred to the Committee on National Security, and in addition to the Committee on Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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Referred to House National Security
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Referred to House Commerce
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Referred to the Subcommittee on Energy and Power, for a period to be subsequently determined by the Chairman.
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Referred to the Subcommittee on Military Readiness.
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Executive Comment Requested from DOD, DOE.
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Unfavorable Executive Comment Received from DOE.
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| Feb. 9, 1995 |
Introduced in the House by Richard Zimmer (R-N.J.) |