Bill Summary
This is a bill being proposed to provide financial support to the Commonwealth of the Northern Mariana Islands for their general government operations. It includes an appropriation of $100,000,000 for this purpose. In order to fund this, the Secretary of Energy is authorized to draw down and sell up to $100,000,000 of crude oil from the Strategic Petroleum Reserve for the fiscal year 2020. The bill is titled the "Northern Mariana Islands Coronavirus Emergency Assistance Act."
Possible Impacts
1. This legislation could provide much-needed funds for general government operations in the Northern Mariana Islands, potentially improving the lives of local residents by allowing for better infrastructure, services, and programs.
2. The offset outlined in Section 2 could have an impact on the global oil market, potentially affecting the prices of gas and other oil-related products for people living in the United States and other countries.
3. The "Northern Mariana Islands Coronavirus Emergency Assistance Act" could potentially provide aid and resources to help combat the ongoing COVID-19 pandemic in the Northern Mariana Islands, potentially improving the healthcare and safety of residents in the region.
[Congressional Bills 116th Congress] [From the U.S. Government Publishing Office] [H.R. 6123 Introduced in House (IH)] <DOC> 116th CONGRESS 2d Session H. R. 6123 To provide funds for general government operations of the Commonwealth of the Northern Mariana Islands, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES March 5, 2020 Mr. Sablan introduced the following bill; which was referred to the Committee on Appropriations, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned _______________________________________________________________________ A BILL To provide funds for general government operations of the Commonwealth of the Northern Mariana Islands, 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 ``Northern Mariana Islands Coronavirus Emergency Assistance Act''. SEC. 2. FUNDS FOR CNMI GOVERNMENT OPERATIONS. (a) Appropriations.--There is hereby appropriated to the Commonwealth of the Northern Mariana Islands $100,000,000 for general government operations. (b) Offset.--Notwithstanding section 161 of the Energy Policy and Conservation Act (42 U.S.C. 6241), the Secretary of Energy shall draw down and sell not to exceed $100,000,000 of crude oil from the Strategic Petroleum Reserve for fiscal year 2020. <all>