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in accordance with the rules of the appropriate House, the
vote on final passage of the resolution shall occur.
‘‘(D) Appeals from the decisions of the Chair relating
to the application of the rules of the Senate or the House
of Representatives, as the case may be, to the procedure re-
lating to a resolution described in paragraph (1) shall be
decided without debate.
‘‘(5) If, before the passage by one House of a resolution
of that House described in paragraph (1), that House re-
ceives from the other House a resolution described in para-
graph (1), then the following procedures shall apply:
‘‘(A) The resolution of the other House shall not
be referred to a committee.
‘‘(B) With respect to a resolution described in
paragraph (2) of the House receiving the resolution—
‘‘(i) the procedure in that House shall be the
same as if no resolution had been received from
the other House; but
‘‘(ii) the vote on final passage shall be on
the resolution of the other House.
‘‘(6) This subsection is enacted by Congress—
‘‘(A) as an exercise of the rulemaking power of
the Senate and House of Representatives, respectively,
and as such it is deemed a part of the rules of each
House, respectively, but applicable only with respect
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to the procedure to be followed in that House in the
case of a resolution described in paragraph (1), and
it supersedes other rules only to the extent that it is
inconsistent with such rules; and
‘‘(B) with full recognition of the constitutional
right of either House to change the rules (so far as re-
lating to the procedure of that House) at any time,
in the same manner, and to the same extent as in the
case of any other rule of that House.
‘‘(l) NONCOMPLIANCE WITH DEADLINES.—If, at any
time during the one-year period beginning on the effective
date, the Secretary determines that the actions necessary
to complete the sale of the reserve within that period are
not being taken or timely completed, the Secretary shall
transmit to the Committee on Armed Services of the Senate
and the Committees on National Security and on Commerce
of the House of Representatives a notification of that deter-
mination together with a plan setting forth the actions that
will be taken to ensure that the sale of the reserve will be
completed within that period. The Secretary shall consult
with the Director of the Office of Management and Budget
in preparing the plan for submission to the committees.
‘‘(m) OVERSIGHT.—The Comptroller General shall
monitor the actions of the Secretary relating to the sale of
the reserve and report to the Committee on Armed Services
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of the Senate and the Committee on National security of
the House of Representatives any findings on such actions
that the Comptroller General considers appropriate to re-
port to such committees.
‘‘(n) ACQUISITION OF SERVICES.—The Secretary may
enter into contracts for the acquisition of services required
under this section under the authority of paragraph (7) of
section 303(c) of the Federal Property and Administrative
Services Act of 1949 (41 U.S.C. 253(c)), except that the no-
tification required under subparagraph (B) of such para-
graph for each contract shall be submitted to Congress not
less than 7 days before the award of the contract.
‘‘(o) RECONSIDERATION OF PROCESS OF SALE.—(1) If
during the course of the sale of the reserve the Secretary
of Energy and the Director of the Office of Management
and Budget jointly determine that—
‘‘(A) the sale is proceeding in a manner incon-
sistent with achievement of a sale price that reflects
the full value of the reserve, or
‘‘(B) a course of action other than the immediate
sale of the reserve is in the best interests of the United
States,
the Secretary shall submit a notification of the determina-
tion to the Committee on Armed Services of the Senate and
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the Committees on National Security and on Commerce of
the House of Representatives.
‘‘(2) After the Secretary submits a notification under
paragraph (1), the Secretary may not complete the sale the
reserve under this section unless there is enacted a joint res-
olution—
‘‘(A) that is introduced after the date on which
the notification is received by the committees referred
to in such paragraph;
‘‘(B) that does not have a preamble;
‘‘(C) the matter after the resolving clause of
which reads only as follows: ‘That the Secretary of
Energy shall proceed with activities to sell Naval Pe-
troleum Reserve Numbered 1 in accordance with sec-
tion 7421a of title 10, United States Code, notwith-
standing the determination set forth in the notifica-
tion submitted to Congress by the Secretary of Energy
on llllll.’ (the blank space being filled in
with the appropriate date); and
‘‘(D) the title of which is as follows: ‘Joint reso-
lution approving continuation of actions to sell Naval
Petroleum Reserve Numbered 1’.
‘‘(3) Subsection (k), except for paragraph (1) of such
subsection, shall apply to the joint resolution described in
paragraph (2).’’.
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(2) The table of sections at the beginning of such chap-
ter is amended by inserting after the item relating to section
7421 the following new item:
‘‘7421a. Sale of Naval Petroleum Reserve Numbered 1 (Elk Hills).’’.
(b) AUTHORIZATION OF APPROPRIATIONS.—Funds are
authorized to be appropriated for fiscal year 1996 for carry-
ing out section 7421a of title 10, United States Code (as
added by subsection (a)), in the total amount of $7,000,000.
SEC. 3302. FUTURE OF NAVAL PETROLEUM RESERVES
(OTHER THAN NAVAL PETROLEUM RESERVE
NUMBERED 1).
(a) STUDY OF FUTURE OF PETROLEUM RESERVES.—
(1) The Secretary of Energy shall conduct a study to deter-
mine which of the following options, or combination of op-
tions, would maximize the value of the naval petroleum re-
serves to or for the United States:
(A) Transfer of all or a part of the naval petro-
leum reserves to the jurisdiction of the Department of
the Interior for leasing in accordance with the Min-
eral Leasing Act (30 U.S.C. 181 et seq.) and surface
management in accordance with the Federal Land
Policy and Management Act (43 U.S.C. 1701 et seq.).
(B) Lease of the naval petroleum reserves consist-
ent with the provisions of such Acts.
(C) Sale of the interest of the United States in
the naval petroleum reserves.
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(2) The Secretary shall retain such independent con-
sultants as the Secretary considers appropriate to conduct
the study.
(3) An examination of the value to be derived by the
United States from the transfer, lease, or sale of the naval
petroleum reserves under paragraph (1) shall include an
assessment and estimate, in a manner consistent with cus-
tomary property valuation practices in the oil industry, of
the fair market value of the interest of the United States
in the naval petroleum reserves.
(4) Not later than December 31, 1995, the Secretary
shall submit to Congress and make available to the public
a report describing the results of the study and containing
such recommendations as the Secretary considers appro-
priate to implement the option, or combination of options,
identified in the study that would maximize the value of
the naval petroleum reserves to or for the United States.
(b) IMPLEMENTATION
OF RECOMMENDATIONS.—Not
earlier than 31 days after submitting to Congress the report
required under subsection (a)(4), and not later than Decem-
ber 31, 1996, the Secretary shall carry out the recommenda-
tions contained in the report.
(c) NAVAL PETROLEUM RESERVES DEFINED.—For
purposes of this section, the term ‘‘naval petroleum re-
serves’’ has the meaning given that term in section 7420(2)