,,ii #aaeth ,,congress #ast ,session ,s4 #aieg ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,october #e1 #bjag ,mr4 ,nelson introduced the following bill2 which was read twice and referred to the ,committee on ,energy and ,natural ,resources ,a ,,bill ,to amend the ,energy ,policy and ,conservation ,act to require the ,secretary of ,energy to establish a gasoline supply reserve in the ,state of ,florida1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,florida ,gasoline ,supply ,reserve ,act4 #b4 ,florida gasoline supply reserve 7a7 ,in general ,the ,energy ,policy and ,conservation ,act 7#db ,u4,s4,c4 #fbja et seq47 is amended by adding at the end of title ,i the following3 ,e ,florida ,gasoline ,supply ,reserve #aia4 ,definition of refined petroleum product ,in this part1 the term refined petroleum product means-- 7#a7 gasoline2 and 7#b7 such other products as the ,secretary determines appropriate4 #aib4 ,establishment 7a7 ,in general ,the ,secretary shall establish1 maintain1 and operate as a component of the ,strategic ,petroleum ,reserve established under part ,b a reserve of refined petroleum products1 to be known as the ,florida ,gasoline ,supply ,reserve 7referred to in this part as the ,reserve74 7b7 ,location 7#a7 ,in general ,the ,reserve shall be located in the ,state of ,florida4 7#b7 ,location of #b sections of ,reserve ,to the maximum extent practicable1 the ,reserve shall be split into #b sections1 of which-- 7,a7 one shall be located on the east coast of the ,state of ,florida2 and 7,b7 one shall be located on the west coast of the ,state of ,florida4 7c7 ,limitation ,the ,reserve shall contain a minimum of #a1jjj1jjj barrels of refined petroleum products4 7d7 ,application ,except as otherwise provided in this part1 the authorities and requirements applicable to the ,strategic ,petroleum ,reserve under part ,b shall apply to the ,reserve4 #aic4 ,drawdown and sale of refined petroleum products ,the ,secretary may draw down and sell refined petroleum products from the ,reserve if the ,secretary finds that-- 7#a7 a circumstance exists that constitutes1 or is likely to become1 a regional gasoline supply interruption of significant scope or duration1 such as a hurricane or other natural disaster2 and 7#b7 action taken under this section would help in preventing or reducing the adverse impact of such a regional gasoline supply interruption4 #aid4 ,acquisition of refined petroleum products for storage in the ,reserve 7a7 ,in ,general ,the ,secretary may acquire1 place in storage1 transport1 or exchange refined petroleum products acquired by purchase or exchange4 7b7 ,objectives ,to the maximum extent practicable1 the ,secretary shall carry out subsection 7a7 consistent with the following objectives3 7#a7 ,minimization of the cost of the ,reserve4 7#b7 ,minimization of the vulnerability of the ,united ,states to a severe regional gasoline supply interruption4 7#c7 ,minimization of the impact of an acquisition of refined petroleum products on supply levels and market forces4 #aie4 ,plan for administration of ,reserve ,not later than #fj days after the date of enactment of the ,florida ,gasoline ,supply ,reserve ,act1 the ,secretary shall submit to the ,president and1 if the ,president approves1 to ,congress1 a plan describing-- 7#a7 the proposed acquisition of storage and related facilities or storage services for the ,reserve1 including the potential use of storage facilities not currently in use2 7#b7 the proposed acquisition of refined petroleum products for storage in the ,reserve2 7#c7 the proposed procedures governing the release of refined petroleum products from the ,reserve2 7#d7 the estimated costs of the establishment1 maintenance1 and operation of the ,reserve2 and 7#e7 actions the ,secretary will take-- 7,a7 to minimize the need for release of refined petroleum products from the ,reserve2 7,b7 to ensure that distributors and importers are not discouraged from maintaining and increasing supplies of refined petroleum products to the ,state of ,florida2 and 7,c7 to ensure the quality of the refined petroleum products in the ,reserve4 4 7b7 ,clerical amendment ,the table of contents for the ,energy ,policy and ,conservation ,act 7#db ,u4,s4,c4 prec4 #fbja7 is amended-- 7#a7 by striking the item relating to part ,d of title ,i 7relating to expiration72 7#b7 by striking the item relating to section #aha 7relating to expiration72 and 7#c7 by adding at the end of the items relating to title ,i the following3 ,,part ,e--,florida ,gasoline ,supply ,reserve ,sec4 #aia4 ,definition of refined petroleum product4 ,sec4 #aib4 ,establishment4 ,sec4 #aic4 ,drawdown and sale of refined petroleum products4 ,sec4 #aid4 ,acquisition of refined petroleum products for storage in the ,reserve4 ,sec4 #aie4 ,plan for administration of ,reserve4 4