Text: H.R.1679 — 114th Congress (2015-2016)All Information (Except Text)

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Introduced in House (03/26/2015)


114th CONGRESS
1st Session
H. R. 1679


To ensure the safe transportation of Bakken crude oil by rail, and for other purposes.


IN THE HOUSE OF REPRESENTATIVES

March 26, 2015

Mr. Garamendi introduced the following bill; which was referred to the Committee on Transportation and Infrastructure


A BILL

To ensure the safe transportation of Bakken crude oil by rail, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Bakken Crude Stabilization Act of 2015”.

SEC. 2. Bakken crude oil.

(a) In general.—Bakken crude oil may only be transported by rail if the oil has a Reid vapor pressure of not more than 9.5 pounds per square inch, the maximum volatility set by the New York Mercantile Exchange for crude oil futures contracts.

(b) Application.—Subsection (a) shall apply to the transportation of Bakken crude oil occurring on and after the date that is 90 days after the date of enactment of this Act.

(c) Actions by the Secretary.—The Secretary of Transportation is authorized to take such action as is necessary to implement this section.


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