A bill to direct the Secretary of Agriculture to establish a Strategic Ethanol Reserve.
Strategic Ethanol Reserve Act - Requires the Secretary of Agriculture to establish a Strategic Ethanol Reserve and to transmit to the Congress a Strategic Ethanol Reserve Plan detailing the design, construction, and maintenance of such Reserve. Outlines specific contents of such Plan.
Directs the Secretary to prescribe regulations which implement such Plan using only domestically-produced ethanol obtained from grain grown in the United States.
Sets guidelines for the reserve fill rate. Conditions withdrawal from the Reserve on a presidential declaration of emergency.
Establishes the Strategic Ethanol Reserve Account in the Treasury.
Requires the Secretary to report annually to the Congress regarding Reserve activities.
Introduced in House
Introduced in House
Referred to House Committee on Agriculture.
Referred to House Committee on Energy and Commerce.
Referred to Subcommittee on Fossil and Synthetic Fuels.
Referred to Subcommittee on Forest, Family Farms, and Energy.
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