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Title 15 — Commerce and TradeRelease 119-73not60

§4506 Termination

Title 15 › Chapter 71— PETROLEUM OVERCHARGE DISTRIBUTION AND RESTITUTION › § 4506

Last updated Apr 3, 2026|Official source

Summary

Most parts of this chapter (except section 4504) end 90 days after the Secretary does two things: decides that all restitution money covered by section 4501(a) has been collected and paid out as the chapter requires, and sends Congress the final report called for by section 4505. That final report must explain the Secretary’s decision and be published in the Federal Register. The rule in section 4502(d) still applies to how restitution money from this chapter can be used for as long as those funds are available.

Full Legal Text

Title 15, §4506

Commerce and Trade — Source: USLM XML via OLRC

(a)(1)Except as provided in subsection (b), the provisions of this chapter (other than section 4504 of this title) shall terminate 90 days after the Secretary—
(A)determines that all of the restitutionary amounts to which section 4501(a) of this title applies have been collected and disbursed as provided in this chapter; and
(B)submits to Congress the final report required by section 4505 of this title.
(2)Such final report shall include the determination (and the justification thereof) described in paragraph (1)(A). Such report shall also be published in the Federal Register.
(b)The requirements of section 4502(d) 11 See References in Text note below. of this title shall continue to be applicable to the use of restitutionary amounts received under this chapter as long as such funds remain available.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

References in Text

section 4502(d) of this title, referred to in subsec. (b), was repealed by section 4502(e) of this title.

Reference

Citations & Metadata

Citation

15 U.S.C. § 4506

Title 15 — Commerce and Trade

Last Updated

Apr 3, 2026

Release point: 119-73not60