U.S. Code > Title 42 > Chapter 77 > Subchapter I > Part D – Northeast Home Heating Oil Reserve
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§ 6250 | Establishment |
§ 6250a | Authority |
§ 6250b | Conditions for release; plan |
§ 6250c | Northeast Home Heating Oil Reserve Account |
§ 6250d | Exemptions |
§ 6250f | Limit on amount of petroleum distillate |
Terms Used In U.S. Code > Title 42 > Chapter 77 > Subchapter I > Part D - Northeast Home Heating Oil Reserve
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Contract: A legal written agreement that becomes binding when signed.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Secretary: means the Secretary of Energy. See 42 USC 6202
- severe energy supply interruption: means a national energy supply shortage which the President determines&mdash. See 42 USC 6202
- United States: when used in the geographical sense means all of the States and the Outer Continental Shelf. See 42 USC 6202