Page:United States Statutes at Large Volume 99 Part 1.djvu/179

 PUBLIC LAW 99-64—JULY 12, 1985

99 STAT. 157

SEC. 126. ALASKAN OIL STUDY. (a) REVIEW OF ALASKAN OIL POLICY.—

(1) IN GENERAL.—The President shall undertake a comprehensive review of the issues and related data concerning possible changes in the existing incentives to produce crude oil from the North Slope of Alaska (including changes in Federal and State taxation, pipeline tariffs, and Federal leasing policies) and pssible changes in the existing distribution of crude oil from the North Slope of Alaska (including changes in export restrictions which would permit exports at free market levels and at levels of 50,000 barrels per day, 100,000 barrels per day, 200,000 barrels per day, and 500,000 barrels per day), as well as the appropriateness of continuing existing controls. Such review shall include, but not be limited to, a study of— (A) the effect of such changes on the energy and national security of the United States and its allies; (B) the role of such changes in United States foreij^n policymaking, including international energy policymaking; (C) the impact of such changes on employment levels in Employment the maritime industry, the oil industry, and other indus- and unemployment. tries; (D) the impact of such changes on the refiners and on consumers; (E) the impact of such changes on the revenues and expenditures of the Federal Government and the government of Alaska; (F) the effect of such changes on incentives for oil and gas exploration and development in the United States; and (G) the effect of such changes on the overall trade deficit Commerce and of the United States, and the trade deficit of the United trade. States with respect to particular countries, including the effect of such changes on trade barriers of other countries. (2) FINDINGS, OPTIONS, AND RECOMMENDATIONS.—The Presi- President of U.S. dent shall develop, after consulting with appropriate State and Federal officials and other persons, findings, options, and rejcommendations regarding the production and distribution of crude oil from the North Slope of Alaska. (b) CONSULTATION AND REPORT.—In carrying out subsection (a), the President of U.S. President shall consult with the Committees on Foreign Affairs and Report. Energy and Commerce of the House of Representatives and the appropriate committees of the Senate. Not later than 9 months after the date of the enactment of this Act, the President shall transmit to each of those committees a report which contains the results of the review under subsection (a)(l), and the findings, options, and rcjcommendations developed under subsection (a)(2). TITLE II—EXPORT PROMOTION PROGRAMS SEC. 201. REQUIREMENT OF PRIOR AUTHORIZATION. (a) GENERAL RULE.—Notwithstanding any other provision of law,

money appropriated to the Department of Commerce for expenses to carry out any export promotion program may be obligated or expended only if—

15 USC 4051.

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