PUBLIC LAW 96-294—JUNE 30, 1980 (3) the term "Federal royalty oil" means crude oil which the United States is entitled to receive in kind as royalties from production on Federal land (as such term is defined in section 3(10) of the Energy Policy and Conservation Act (42 U.S.C. 6202(10)); and (4) the term "proceeds from the sale of Federal royalty oil" means that portion of the amounts deposited into the Treasury of the United States from the sale of Federal royalty oil which is not otherwise required to be disposed of (other than as miscellaneous receipts) pursuant to (A) the provisions of section 35 of the Act of February 25, 1920, as amended (41 Stat. 450; 30 U.S.C. 191), commomy known as the Mineral Lands Leasing Act, or (B) the provisions of any other law. Approved June 30, 1980.
LEGISLATIVE HISTORY: HOUSE REPORTS: No. 96-165 accompanying H.R. 3930 (Comm. on Banking, Finance, and Urban Affairs) and No. 96-1104 (Comm. of Conference). SENATE REPORTS: No. 96-166 (Comm. on Banking, Housing, and Urban Affairs), No. 96-387 (Comm. on Energy and Natural Resources and Comm. on Banking, Housing, and Urban Affairs), and No. 96-824 (Comm. of Conference). CONGRESSIONAL RECORD: Vol. 125 (1979): June 20, considered and passed Senate. June 26, H.R. 3930 considered and passed House; passage vacated and S. 932, amended, passed in lieu. Nov. 5, 7, 8, Senate concurred in House amendments with amendments. Vol. 126 (1980): June 19, Senate agreed to conference report. June 26, House agreed to conference report. WEEKLY COMPILATION OF PRESIDENTIAL DOCUMENTS: Vol. 16, No. 27 (1980): June 30, Presidential statement.
94 STAT. 779
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