,,ii #aaf? ,,congress #a/ ,session ,s4 #hfe ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,m>* #be1 #bjai,mr4 ,sullivan introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,f9ance ,a ,,bill ,to am5d ! ,oil ,pollution ,act ( #aiij to e/abli% an oil spill response & prev5tion grant program & provide = advances f ! ,oil ,spill ,liability ,tru/ ,fund1 to am5d ! ,int]nal ,rev5ue ,code ( #aihf to ext5d & modify ! application ( ! ,oil ,spill ,liability ,tru/ ,fund f9anc+ rate1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,spill ,response & ,prev5tion ,surety ,act4 #b4 ,oil ,spill response & prev5tion 7a7 ,oil spill response & prev5tion grant program 7#a7 ,9 g5]al ,subtitle ,a ( title ,,iv ( ! ,oil ,pollution ,act ( #aiij 7,public ,law #aja-chj2 #ajd ,/at4 #eji7 is am5d$ by add+ at ! end ! foll[+3 #daai4 ,oil spill response & prev5tion grant programs 7a7 ,def9itions ,9 ?is section3 7#a7 ,committee ,! t]m ,committee means ! ,int]ag5cy ,coord9at+ ,committee on ,oil ,pollution ,rese>* e/abli%$ by section #gjja7;a77#a74 7#b7 ,eligible entity ,! t]m eligible entity means an in/itution ( high] education t-- 7,a7 is locat$ 9 an eligible ,/ate 9 :i* oil spills pres5t a real & con/ant ?reat2 7,b7 has a broad base ( compet5ce 9 fields relat+ to-- 7i7 ocean1 coa/al1 riv]1 or ,great ,lakes res\rces2 or 7ii7 ! model+ (1 efficacy ( responses to1 & fates & effects ( oil spills2 7,c7 is locat$ 9 an area 9 :i*-- 7i7 academic1 eng9e]+1 & infra/ructure res\rces exi/ to adequately address ongo+ & future ?reats ( oil spills2 7ii7 ,f$]al1 ,/ate1 indu/ry1 & academic res\rces are be+ direct$ to address ?reats ( oil spills2 7iii7 plann$ future developm5ts w\ld int5sify or exac]bate ?reats ( oil spills2 & 7iv7 rese>* & developm5t ef=ts w\ld h ! greate/ impact on oil spill response & prev5tion2 7,d7 if propos+ to conduct rese>* on oil spill response & prev5tion 9 an ice-impact$ environm5t1 has significant demon/rable exp]i5ce 9 ! conduct ( rese>* 9 ice-impact$ environm5ts2 & 7,e7 if propos+ to conduct rese>* 9 p>tn]%ip )1 or to subcontract "w to1 a =eign or private entity1 is p>tn]+ )1 or subcontract+ to1 a =eign or private entity t is uniquely equipp$ to support ! rese>* be+ propos$4 7#c7 ,eligible ,/ate ,! t]m eligible ,/ate means a ,/ate-- 7,a7 7i7 9 :i* a m>9e oil t]m9al or transportation facility is locat$2 or 7ii7 t ! ,secret>y det]m9es has a sub/antial risk ( oil spills ?r\gh any o!r means ( transportation2 & 7,b7 ) respect to :i* ! ,secret>y has approv$ a proposal = ! conduct ( oil spill response or prev5tion activities or programs4 7#d7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,homel& ,security4 7b7 ,e/abli%m5t ( programs ,to enable a bett] und]/&+ ( oil spills & oil spill response1 & to prev5t oil spills1 !re are e/abli%$-- 7#a7 a program "u :i* ! ,secret>y %all bi5nially aw>d grants to eligible entities = ! conduct ( oil spill response rese>* & te*nology developm5t activities & programs & oil spill prev5tion activities & programs t ! ,secret>y det]m9es to be ( sub/antial m]it1 includ+ ! conduct ( rese>* on oil spill response & prev5tion 9 ice-impact$ environm5ts2 & 7#b7 a program "u :i* ! ,secret>y %all annually aw>d grants to eligible ,/ates = ! conduct ( oil spill prev5tion activities & programs 9 ! eligible ,/ates1 includ+-- 7,a7 equipm5t & te*nology upgrades2 7,b7 upgrades to1 & promotion ( optimal use (1 spill prev5tion & response tra9+ facilities2 7,c7 support ( /rategic plans to address ag+ bulk oil /orage & transportation infra/ructure2 7,d7 risk assessm5ts & /udies2 & 7,e7 ab&on$ & d]elict vessel id5tification1 rem$iation1 & removal4 7c7 ,applications ,to be eligible to receive a grant "u ! program e/abli%$ by p>agraph 7#a7 or 7#b7 ( subsection 7b71 an eligible entity or eligible ,/ate1 z applicable1 %all submit to ! ,secret>y an application at su* "t1 9 su* mann]1 & conta9+ su* in=mation z ! ,secret>y det]m9es to be appropriate4 7d7 ,coord9ation 7#a7 ,eligible entity grant program 7,a7 ,9 g5]al ,9 coord9at+1 prioritiz+1 & aw>d+ grants "u ! program e/abli%$ by subsection 7b77#a71 to ensure alignm5t ) ! pr9cipal objectives e/abli%$ 9 ! ,oil ,pollution ,rese>* & ,te*nology ,plan ( ! ,committee "u section #gjja7;b71 ! ,secret>y %all coord9ate )1 & solicit recomm5dations f1 ! ,committee4 7,b7 ,recomm5dations ,! recomm5dations provid$ by ! ,committee "u subp>agraph 7,a7 %all incorporate fe$back f-- 7i7 oil & gas indu/ry repres5tatives ) exp]tise 9 relevant oil spill response rese>*2 & 7ii7 memb]s ( academia ) ! exp]tise describ$ 9 clause 7i74 7#b7 ,eligible ,/ate grant program ,9 evaluat+ applications "u ! grant program e/abli%$ by subsection 7b77#b71 ! ,secret>y may solicit recomm5dations f-- 7,a7 o!r relevant ,f$]al dep>tm5ts & ag5cies2 & 7,b7 ! ,committee1 ) respect to any rese>* activity or program relat+ to oil spill prev5tion propos$ 9 su* an application4 7e7 ,fund+ 7#a7 ,9 g5]al ,( ! am\nt ( int]e/ produc$ by inve/m5ts 9 ! ,fund-- 7,a7 #aj1jjj1jjj1 z index$ = ,unit$ ,/ates doll> inflation f ! date ( enactm5t ( ?is section 7z measur$ by ! ,consum] ,price ,index71 %all be available bi5nially1 )\t fur!r appropriation1 to c>ry out ! grant program e/abli%$ by subsection 7b77#a72 & 7,b7 #be1jjj1jjj1 z index$ = ,unit$ ,/ates doll> inflation f ! date ( enactm5t ( ?is section 7z measur$ by ! ,consum] ,price ,index71 %all be available annually1 )\t fur!r appropriation1 to c>ry out ! grant program e/abli%$ by subsection 7b77#b74 7#b7 ,adm9i/rative exp5ses ,( ! am\nts made available "u subp>agraphs 7,a7 & 7,b7 ( p>agraph 7#a7 t are n o!rwise appropriat$1 ! ,secret>y may use n m ?an #b p]c5t = ! adm9i/rative exp5ses ( ! ,secret>y 9 c>ry+ out ! grant programs e/abli%$ by p>agraphs 7#a7 & 7#b71 respectively1 ( subsection 7b7 = ea* fiscal ye>4 4 7#b7 ,cl]ical am5dm5t ,! table ( cont5ts ( ! ,oil ,pollution ,act ( #aiij 7#cc ,u4,s4,c4 prec4 #bgja7 is am5d$ by ins]t+ aft] ! item relat+ to section #daah ! foll[+3 ,sec4 #daai4 ,oil spill response & prev5tion grant programs4 4 7#c7 ,exp5diture au?ority ,section #ieji7;c77#a7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$-- 7,a7 9 ! matt] prec$+ subp>agraph 7,a71 by /rik+ section #fjjb7;b7 & ins]t+ section #daai or #fjjb7;b72 7,b7 9 subp>agraph 7,e71 by /rik+ & at ! end2 7,c7 9 subp>agraph 7,f71 by /rik+ ! p]iod at ! end & ins]t+ 1 &2 & 7,d7 by add+ at ! end ! foll[+3 7,g7 = c>ry+ out ! grant programs "u section #daai ( ! ,oil ,pollution ,act ( #aiij4 4 7b7 ,advances ( am\nts f ,oil ,spill ,liability ,tru/ ,fund ,section #fjjb7;b7 ( ! ,oil ,pollution ,act ( #aiij 7#cc ,u4,s4,c4 #bgeb7;b77 is am5d$-- 7#a7 9 ! f\r? s5t5ce1 by /rik+ ,sums & ins]t+ ! foll[+3 7#d7 ,availability ( am\nts ,! am\nts 2 7#b7 9 ! ?ird s5t5ce-- 7,a7 by /rik+ by ! ,coa/ ,gu>d2 & 7,b7 by /rik+ ,am\nts advanc$ & ins]t+ ! foll[+3 7#c7 ,repaym5t ( advanc$ am\nts ,any am\nts advanc$ "u p>agraph 7#b7 2 7#c7 by /rik+ ! second s5t5ce & ins]t+ ! foll[+3 7#b7 ,advance ( funds ,to ! ext5t t ! am\nt "u p>agraph 7#a7 is n adequate1 ! ,coa/ ,gu>d-- 7,a7 may obta9 f ! ,fund "o or m advances ( su* sums z may be necess>y1 up to a maximum ( #ajj1jjj1jjj1 ) ! total am\nt ( all advances n to exce$ ! am\nts available "u section #ieji7;c77#b7 ( ! ,int]nal ,rev5ue ,code ( #aihf2 & 7,b7 n lat] ?an #cj days aft] ! date on :i* ea* advance is obta9$ "u subp>agraph 7,a71 & annually !reaft] until all advances are repaid1 %all submit to ! ,committees on ,comm]ce1 ,sci5ce1 & ,transportation & ,f9ance ( ! ,s5ate & ! ,committees on ,transportation & ,infra/ructure & ,ways & ,means ( ! ,h\se ( ,repres5tatives a report t describes-- 7i7 ! am\nt advanc$ "u t subp>agraph2 & 7ii7 ! facts & circum/ances necessitat+1 support+1 & ju/ify+ ! advance4 2 & 7#d7 9 ! fir/ s5t5ce-- 7,a7 by /rik+ 1 z am5d$ by ?is ,act & ins]t+ 7#cc ,u4,s4,c4 #acba7;c772 & 7,b7 by /rik+ ,subsection 7a7 %all n apply to sections & ins]t+ ! foll[+3 7#a7 ,9 g5]al ,subsection 7a7 %all n apply to section 4 7c7 ,applicability ( ,oil ,spill ,liability ,tru/ ,fund f9anc+ rate 7#a7 ,p]man5t ext5sion & p]iodic susp5sion ,subsection 7f7 ( section #dfaa ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ to read z foll[s3 7f7 ,application ( ,oil ,spill ,liability ,tru/ ,fund f9anc+ rate 7#a7 ,9 g5]al ,! ,oil ,spill ,liability ,tru/ ,fund f9anc+ rate "u subsection 7c7 %all n apply dur+ any p]iod-- 7,a7 beg9n+ on ! day aft] ! la/ day ( any cal5d> qu>t] = :i* ! ,secret>y e/imates t1 z ( ! close ( t qu>t]1 ! unobligat$ balance 9 ! ,oil ,spill ,liability ,tru/ ,fund is m ?an #g1jjj1jjj1jjj1 & 7,b7 end+ #cj days aft] ! la/ day ( any subsequ5t cal5d> qu>t] = :i* ! ,secret>y e/imates t1 z ( ! close ( t qu>t]1 su* unobligat$ balance is #e1jjj1jjj or less4 7#b7 ,inflation adju/m5t ,9 ! case ( any cal5d> ye> beg9n+ aft] ,decemb] #ca1 #bjai1 ! #g1jjj1jjj1jjj am\nt 9 p>agraph 7#a77;,a7 & ! #e1jjj1jjj1jjj am\nt 9 p>agraph 7#a77;,b7 %all ea* be increas$ by an am\nt equal to-- 7,a7 su* doll> am\nt1 multipli$ by 7,b7 ! co/-(-liv+ adju/m5t det]m9$ "u section #a7;f77#c7 = ! cal5d> ye>1 by sub/itut+ #bjah = #bjaf 9 subp>agraph 7,a77ii7 !re(4 ,any increase det]m9$ "u ! prec$+ s5t5ce %all be r\nd$ to ! ne>e/ multiple ( #ajj1jjj1jjj4 4 7#b7 ,effective date ,! am5dm5t made by ?is subsection %all apply to crude oil receiv$ or petroleum products ent]$ aft] ! date t is #g days aft] ! date ( ! enactm5t ( ?is ,act4 7d7 ,modification ( limitation on ,oil ,spill ,liability ,tru/ ,fund exp5ditures 7#a7 ,9 g5]al ,subp>agraph 7,a7 ( section #ieji7;c77#b7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$-- 7,a7 by /rik+ #a1jjj1jjj1jjj 9 clause 7i7 & ins]t+ #b1jjj1jjj1jjj2 7,b7 by /rik+ #ejj1jjj1jjj 9 clause 7ii7 & ins]t+ #a1jjj1jjj1jjj2 & 7,c7 by /rik+ #a1jjj1jjj1jjj p] incid5t1 etc 9 ! head+ & ins]t+ ,p] incid5t limitations4 7#b7 ,inflation adju/m5t ,section #ieji7;c77#b7 ( su* ,code is am5d$ by add+ at ! end ! foll[+ new subp>agraph3 7,c7 ,inflation adju/m5ts ,9 ! case ( any cal5d> ye> beg9n+ aft] ,decemb] #ca1 #bjai1 ! #b1jjj1jjj1jjj am\nt 9 subp>agraph 7,a77i7 & ! #a1jjj1jjj1jjj am\nt 9 subp>agraph 7,a77ii7 %all ea* be increas$ by an am\nt equal to-- 7i7 su* doll> am\nt1 multipli$ by 7ii7 ! co/-(-liv+ adju/m5t det]m9$ "u section #a7;f77#c7 = ! cal5d> ye>1 by sub/itut+ #bjah = #bjaf 9 subp>agraph 7,a77ii7 !re(4 ,any increase det]m9$ "u ! prec$+ s5t5ce %all be r\nd$ to ! ne>e/ multiple ( #ajj1jjj1jjj4 4 7e7 ,cl>ification ( def9ition ( crude oil = excise tax purposes 7#a7 ,def9ition ( crude oil ,p>agraph 7#a7 ( section #dfab7;a7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ to read z foll[s3 7#a7 ,crude oil ,! t]m crude oil includes crude oil cond5sates1 natural gasol9e1 any bitum5 or bitum9\s mixture1 any oil d]iv$ f a bitum5 or bitum9\s mixture4 4 7#b7 ,effective date ,! am5dm5t made by ?is subsection %all apply to oil & petroleum products receiv$ or ent]$ dur+ cal5d> qu>t]s beg9n+ m ?an #fj days aft] ! date ( ! enactm5t ( ?is ,act4