Agenda - Public Works Committee - 10/20/2020

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S. 3021-106 would otherwise apply to the Commission project numbered 11393, the Commission may, at the request of the licensee, and after reasonable notice, in accordance with the good faith, due diligence, and public interest requirements of, and the procedures of the Commission under, that section, extend the time period during which the licensee is required to commence the construction of the project for not more than 3 consecutive 2-year periods from the date of the expiration of the extension originally issued by the Commission. (2) REINSTATEMENT OF EXPIRED LICENSE. — (A) IN GENERAL. —If the period required for the commencement of construction of the project described in paragraph (1) has expired prior to the date of enactment of this Act, the Commission may reinstate the license effec- tive as of the date of the expiration of the license. (B) EXTENSION. —If the Commission reinstates the license under subparagraph (A), the first extension author- ized under paragraph (1) shall take effect on the date of that expiration. (e) EFFECT. —Nothing in this Act prioritizes, or creates any advantage or disadvantage to, Commission project numbered 11393 under Federal law, including the Federal Power Act (16 U.S.C. 791a et seq.) or the Public Utility Regulatory Policies Act of 1978 (16 U.S.C. 2601 et seq.), as compared to— (1) any electric generating facility in existence on the date of enactment of this Act; or (2) any electric generating facility that may be examined, proposed, or developed during the period of any stay or exten- sion of the license under this Act. SEC. 3009. STRATEGIC PETROLEUM RESERVE DRAWDOWN. (a) DRAWDOWN AND SALE.— (1) IN GENERAL. —Notwithstanding section 161 of the Energy Policy and Conservation Act (42 U.S.C. 6241), except as provided in subsection (b), the Secretary of Energy shall draw down and sell 5,000,000 barrels of crude oil from the Strategic Petroleum Reserve during fiscal year 2028. (2) DEPOSIT OF AMOUNTS RECEIVED FROM SALE. —Amounts received from a sale under paragraph (1) shall be deposited in the general fund of the Treasury during the fiscal year in which the sale occurs. (b) EMERGENCY PROTECTION. —The Secretary of Energy may not draw down and sell crude oil under this section in quantities that would limit the authority to sell petroleum products under subsection (h) of section 161 of the Energy Policy and Conservation Act (42 U.S.C. 6241) in the full quantity authorized by that sub- section. TITLE IV —OTHER MATTERS Subtitle A —Clean Water