12 2 STA T . 1 834PUBLIC LA W 11 0– 24 6—J U NE 18 , 2008 Subti t leC—M i sc ell an e o us SEC.3201 . BIL LE M E R S ONHU M A NI T ARIAN TRUST. Section302 o f t h e B i l l Em e rs on Hu m a nitarian T rust A ct (7U. S. C . 1 73 6 f – 1 ) is amen d ed — (1) in su b section (a)— (A) b y stri k in g‘ ‘establish a trust stock ’ ’ and inserting ‘‘establish and maintain a trust’’
and (B) by striking ‘‘or any combination of the commodities , totaling not more than 4 ,000,000 metric tons’’ and inserting ‘‘any combination of the commodities, or funds’’; (2) in subsection (b)— (A) in p aragraph (1), by striking subparagraph ( D ) and inserting the follo w ing
‘‘(D) funds made a v ailable— ‘‘(i) under paragraph (2)(B); ‘‘(ii) as a result of an e x change of any commodity held in the trust for an e q uivalent amount of funds from the market, if the Secretary determines that such a sale of the commodity on the market will not unduly disrupt domestic markets; or ‘‘(iii) to maximi z e the value of the trust, in accord - ance with subsection (d)(3).’’; and (B) in paragraph (2)(B)— (i) in clause (i)— ( I ) by striking ‘‘2007’’ each place it appears and inserting ‘‘2012’’; (II) by striking ‘‘(c)(2)’’ and inserting ‘‘(c)(1)’’; and (III) by striking ‘‘and’’ at the end; (ii) in clause (ii), by striking the period at the end and inserting ‘‘; or’’; and (iii) by adding at the end the following: ‘‘(iii) from funds accrued through the management of the trust under subsection (d).’’; (3) in subsection (c)— (A) by striking paragraphs (1) and (2) and inserting the following: ‘‘(1) REL E AS ES FOR E M ER G E NCY ASS I S T ANCE.— ‘‘(A) DEFINITION OF EMERGENCY.— ‘‘(i) IN GENERAL.—In this paragraph, the term ‘emergency’ means an urgent situation— ‘‘(I) in which there is clear evidence that an event or series of events described in clause (ii) has occurred— ‘‘(aa) that causes human suffering; and ‘‘(bb) for which a government concerned has not chosen, or has not the means, to remedy; or ‘‘(II) created by a demonstrably abnormal event or series of events that produces dislocation in the lives of residents of a country or region of a country on an exceptional scale. ‘‘(ii) E V ENT OR SERIES OF EVENTS.—An event or series of events referred to in clause (i) includes 1 or more of—
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