In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.

[Q]: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Native American Education 
Opportunity Act''.

SEC. 2. NATIVE AMERICAN EDUCATION OPPORTUNITY PROGRAM.

    (a) In General.--Part B of title XI of the Education Amendments of 
1978 (25 U.S.C. 2000 et seq.) is amended--
            (1) by redesignating section 1141 as section 1142; and
            (2) by inserting after section 1140 the following:

``SEC. 1141. BUREAU FUNDING OF TRIBAL-BASED EDUCATION SAVINGS ACCOUNT 
              PROGRAMS.

    ``(a) Program Authorized.--
            ``(1) Bureau disbursements.--At the request of Tribes, the 
        Secretary of the Interior shall, for the 2018-2019 school year 
        and each subsequent school year, disburse not more than 90 
        percent of the amounts made available under sections 1127 and 
        1130 for the school year to such Tribes that administer 
        education savings account programs to enable the Tribes to 
        award grants to education savings accounts for ESA eligible 
        students for such school year, in accordance with subsection 
        (b).
            ``(2) Applicability.--This section shall apply with respect 
        to ESA eligible students who have submitted their application 
        for participation under this section to the Tribe of which the 
        student is an enrolled member on or after January 1, 2018.
            ``(3) Account administration.--
                    ``(A) In general.--A Tribe may enter into an 
                agreement with a nonprofit entity for the 
                administration of the accounts created through the 
                Tribe's education savings account program.
                    ``(B) Nonprofit entity defined.--In this paragraph, 
                the term `nonprofit entity' means an entity that is 
                described in section 501(c)(3) of the Internal Revenue 
                Code of 1986 and is exempt from taxation under section 
                501(a) of such Code.
            ``(4) Use of funds.--Funds disbursed to a Tribe under this 
        section may be used for--
                    ``(A) private school tuition and fees;
                    ``(B) textbooks, curriculum, and instructional 
                materials;
                    ``(C) academic, Native language, or cultural 
                tutoring;
                    ``(D) educational services and therapies for 
                students with special needs;
                    ``(E) tuition and fees for a non-public online 
                learning program;
                    ``(F) educational technology;
                    ``(G) examination fees; or
                    ``(H) transportation to and from a school not to 
                exceed $2,000 per year, per ESA eligible student.
    ``(b) Disbursements.--
            ``(1) Amount.--The amount disbursed by the Secretary of the 
        Interior under subsection (a) to a Tribe shall be, with respect 
        to each ESA eligible student for which the Tribe awards a grant 
        under this section for a school year, the lesser of--
                    ``(A) the amount of the grant provided by the Tribe 
                to the education savings account of the ESA eligible 
                student for the applicable school year; and
                    ``(B) 90 percent of the amount that the Secretary 
                would provide to a Bureau-funded school on behalf of 
                such student for the applicable school year under 
                sections 1127 and 1130.
            ``(2) Quarterly disbursements.--A Tribe that receives a 
        disbursement amount under subsection (a) shall make quarterly 
        grant distributions of such amount to education savings 
        accounts for ESA eligible students.
            ``(3) Limitation.--A Tribe shall allocate not more than 15 
        percent of the amount received per pupil under this section to 
        the administration of the education savings account programs of 
        the Tribe.
            ``(4) Roll over and remaining funds in an account.--Not 
        more than 50 percent of an ESA eligible student's total grant 
        amount for a school year made under this section may roll over 
        for use to the following school year.
    ``(c) Effect on Allotments.--For purposes of any calculation 
regarding the total number of eligible Indian students under section 
1127, the Secretary shall include all ESA eligible students who 
participate in an education savings account program under this section.
    ``(d) Rule of Construction.--A grant awarded to an ESA eligible 
student under this section shall be considered assistance to the 
student and shall not be considered assistance to a school that enrolls 
the ESA eligible student or any other educational service provider from 
which the ESA eligible student receives services.
    ``(e) Definitions.--In this section:
            ``(1) ESA eligible student.--
                    ``(A) In general.--The term `ESA eligible student' 
                means an individual who--
                            ``(i) is--
                                    ``(I) an elementary school or 
                                secondary school student who attended a 
                                Bureau-funded school in the semester 
                                preceding the date on which the student 
                                first applies for participation in an 
                                education savings account program; or
                                    ``(II) a child who will be eligible 
                                to attend a Bureau-funded school for 
                                kindergarten or any other elementary 
                                school grade in the next semester that 
                                will start after the date on which the 
                                student first applies for participation 
                                in an education savings account 
                                program;
                            ``(ii) will not be attending a Bureau-
                        funded school, receiving an education savings 
                        account from another Tribe, or attending a 
                        public elementary school or secondary school, 
                        while the student is participating in an 
                        education savings account program of a Tribe; 
                        and
                            ``(iii) meets any eligibility requirements 
                        of the education savings account program of the 
                        Tribe in which the student applies to 
                        participate.
                    ``(B) Period of eligibility.--A student who meets 
                the requirements of clauses (i) and (iii) of 
                subparagraph (A) for a school year and who was an 
                enrolled member of the Tribe to which the student 
                submitted an application for participation in the 
                education savings account program of the Tribe at the 
                time of submitting the application to the Tribe shall 
                be deemed to meet the requirements of such clauses 
                until the date on which the student graduates high 
                school or reaches the age of 21 years, whichever occurs 
                first.
            ``(2) Education savings account program.--The term 
        `education savings account program' means a program 
        administered by a Tribe in which the Tribe awards a grant to an 
        account controlled by a parent of an elementary school or 
        secondary school student from which the parent may purchase 
        goods and services needed for the education of the student.
            ``(3) Parent.--The term `parent' means a parent, guardian, 
        custodian, or other person with the authority to act on behalf 
        of an ESA eligible student.
            ``(4) Tribe.--The term `Tribe' means any recognized Indian 
        tribe included on the current list published by the Secretary 
        of the Interior under section 104 of the Federally Recognized 
        Indian Tribe Act of 1994 (25 U.S.C. 5131).''.
    (b) Conforming Amendment.--Section 1126(c) of the Education 
Amendments of 1978 (25 U.S.C. 2006(c)) is amended by striking ``section 
1141(12)'' and inserting ``section 1142(12)''.
    (c) GAO Study.--Not later than 3 years after the date of enactment 
of this Act, the Comptroller General of the United States shall--
            (1) conduct a review of the implementation of the 
        amendments made by this Act during the preceding 3-year period, 
        including any factors impacting increased participation in 
        education savings account programs established pursuant to the 
        amendments made by this Act;
            (2) submit a report describing the results of the review 
        under paragraph (1) to--
                    (A) the Committee on Indian Affairs of the Senate; 
                and
                    (B) the Subcommittee on Indian, Insular and Alaska 
                Native Affairs of the Committee on Natural Resources of 
                the House of Representatives; and
            (3) publish the report under paragraph (2).
[A]: Native American Education Opportunity Act This bill amends the Education Amendments of 1978 to require the Bureau of Indian Affairs (BIA), at the request of a federally recognized Indian tribe, to &nbsp;provide funds for tribal education savings account programs to make grants to education savings accounts for students who: (1)&nbsp;attended or will be eligible to attend a BIA-funded school; (2) will not be attending a BIA-funded school, receiving an education savings account from another tribe, or attending public elementary or secondary school while participating in the program; and (3) meet program eligibility requirements. Funds may be used for:   private school tuition and fees;  textbooks, curriculum, and instructional materials;  academic, Native language, or cultural tutoring;  educational services and therapies for students with special needs;  tuition and fees for a private online learning program;  educational technology;  examination fees; or  transportation to and from school.   Three years after this bill's enactment, the Government Accountability Office must review the implementation of the bill, including any factors impacting increased participation in education savings account programs.


[Q]: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Humanitarian Exports Leading to 
Peace Act of 2001''.

SEC. 2. FINDINGS.

    The Congress finds the following:
            (1) The Iraqi people suffered under a decade of war and 
        continue to suffer under a repressive regime and the most 
        comprehensive economic sanctions ever imposed on any country.
            (2) The economic sanctions have caused extraordinary 
        hardship on the people of Iraq and failed to weaken the 
        leadership of Iraq, and have undermined the institutions of 
        civil society which are necessary for democratic political 
        life.
            (3) The investigative panel established by the United 
        Nations Security Council and other independent bodies have 
        confirmed that the United Nations Oil-for-Food program has 
        failed to adequately meet the needs of the Iraqi people.
            (4) According to the United States Department of 
        Agriculture, Iraq represents a potential market for nearly 
        $1,000,000,000 in agricultural products from the United States.
            (5) The sanctions regime continues to harm the Iraqi 
        population for the crimes of its leaders and has not served 
        either the goal of the United States of punishing Iraq's 
        leaders or disarming weapons of mass destruction.
            (6) Rigorous weapons inspections and adequate provision for 
        civilian needs in Iraq are not mutually exclusive.
            (7) The devastating effect of the economic sanctions on 
        Iraq has been reported by numerous international and 
        independent bodies, including the following:
                    (A) The Center for Economic and Social Rights of 
                the United Nations documented dramatic increases in 
                malnutrition and disease, leading to the deaths of 
                hundreds of thousands of children under the age of 5 
                since 1991.
                    (B) UNICEF reported in 1995 that ``no significant 
                movement towards food security can be achieved so long 
                as the embargo remains in place''. Further, despite the 
                Oil-for-Food Program, UNICEF reported in July 1999 
                survey findings that ``Both the infant mortality rate 
                and the under-five mortality rate consistently show a 
                major increase in mortality over the 10 years preceding 
                the survey. More specifically, the results show that 
                the infant mortality rate has increased from 47 deaths 
                per 1,000 live births for the period 1984-89, to 108 
                deaths per 1,000 live births for the period 1994-99.''.
                    (C) A report authorized by the United National 
                Security Council on March 30, 1999, found that ``the 
                gravity of the humanitarian situation of the Iraqi 
                people is indisputable and cannot be overstated.''. 
                Further, it emphasized that ``Even if not all suffering 
                in Iraq can be imputed to external factors, especially 
                sanctions, the Iraqi people would not be undergoing 
                such deprivations in the absence of the prolonged 
                measures imposed by the Security Council and the 
                effects of the war''.
                    (D) UNICEF and the World Food Program found in 1997 
                that ``One out of every 4 young Iraqi children is 
                malnourished. More than 750,000 children are suffering 
                from malnutrition''.

SEC. 3. LIMITATION ON PROHIBITIONS AND RESTRICTIONS ON TRADE WITH IRAQ 
              TO ALLOW FOR THE EXPORT OF FOOD, MEDICINES, AND CERTAIN 
              OTHER PRODUCTS.

    The sanctions applied with respect to Iraq under the Iraq Sanctions 
Act of 1990 (sections 586-586J of the Foreign Operations, Export 
Financing, and Related Programs Appropriations Act, 1991 (Public Law 
101-513)) or any other provision of law shall not apply with respect to 
the export to Iraq of any food or other agricultural products 
(including fertilizer), medicines, medical supplies, medical 
instruments, or medical equipment, or with respect to travel incident 
to the sale or delivery to Iraq of food or other agricultural products 
(including fertilizer), medicines, medical supplies, medical 
instruments, or medical equipment.

SEC. 4. ADMINISTRATION BY SECRETARY OF COMMERCE.

    (a) Administration by Secretary of Commerce.--The Secretary of 
Commerce shall exercise the authorities of the Export Administration 
Act of 1979, as in effect pursuant to the International Emergency 
Economic Powers Act, to carry out section 3, except that--
            (1) the Secretary may not require a license for the export 
        of any of the items to which section 3 applies; but
            (2) the Secretary shall require persons exporting such 
        items to notify the Secretary of such exports.
    (b) Regulations.--The Secretary of Commerce shall issue such 
regulations as are necessary to carry out section 3.

SEC. 5. CONFORMING AMENDMENT.

    Section 906(a)(1) of the Trade Sanctions Reform and Export 
Enhancement Act of 2000 (title IX of H.R. 5426 of the 106th Congress, 
as enacted into law by section 1(a) of Public Law 106-387) is amended 
by inserting ``(other than Iraq)'' after ``government of a country''.

SEC. 6. SENSE OF CONGRESS.

    It is the sense of the Congress that the United States Government 
should take all necessary steps to end the suffering of innocent 
populations, primarily children and the elderly, by allowing the free 
flow of humanitarian aid to Iraq without threat of prosecution. Such 
steps should include, but not be limited to, using its position as a 
permanent member of the United Nations Security Council--
            (1) to lift the economic sanctions on Iraq so as to allow 
        exports and travel referred to in section 3; and
            (2) to recommend a ban on transfers of weapons to Iraq by 
        countries that are members of the United Nations.

SEC. 7. REPORT TO CONGRESS.

    Not later than 6 months after the date of the enactment of this 
Act, the President shall transmit to the Congress a report that sets 
forth--
            (1) the extent (expressed in volume and dollar amounts) of 
        sales to Iraq of food and other agricultural products 
        (including fertilizer), medicines, medical supplies, medical 
        instruments, and medical equipment, since the enactment of this 
        Act;
            (2) the impact the exports have had on food security in 
        Iraq;
            (3) a description of the types and end users of the goods 
        so exported;
            (4) whether there has been any indication that any 
        medicines, medical supplies, medical instruments, or medical 
        equipment exported to Iraq since the enactment of this Act--
                    (A) have been diverted by the Government of Iraq or 
                any other third party from the intended recipients; or
                    (B) have been used for any unintended 
                nonhumanitarian or dual-use purposes; and
            (5) what steps the United States has taken through the 
        United Nations, with the cooperation of Security Council 
        members, to--
                    (A) lift nonmilitary sanctions on Iraq, including 
                actions described in section 6; or
                    (B) impose a strict regional arms control regime 
                pursuant to Article 14 of Security Council Resolution 
                687.
[A]: Humanitarian Exports Leading to Peace Act of 2001 - Declares that certain sanctions prohibiting trade with Iraq under the Iraq Sanctions Act of 1990 or any other provision of law shall not apply with respect to the export of any food or other agricultural products (including fertilizer), medicines, medical supplies, medical instruments, or medical equipment, or with respect to travel incident to the sale or delivery of such items.Directs the Secretary of Commerce to exercise the authorities of the Export Administration Act of 1979 (as in effect pursuant to the International Emergency Economic Powers Act) to carry out this Act; except that the Secretary may not require a license for the export of humanitarian assistance, but shall require persons to notify the Secretary when exporting such assistance.Amends the Trade Sanctions Reform and Export Enhancement Act of 2000 to repeal a specified section prohibiting the export to Iraq of agricultural commodities (including the financing of their sale), medicine, or medical devices, and travel (effectively allowing the export of such commodities and travel to such country).Expresses the sense of Congress that the U.S. Government should take all necessary steps to end the suffering of innocent populations, primarily children and the elderly, by allowing the free flow of humanitarian aid to Iraq without threat of prosecution. Urges the U.S. Government to use its position as a permanent member of the United Nations (UN) Security Council to lift the economic sanctions on Iraq so as to allow such exports and travel there, and to recommend a ban on transfers of weapons to such country by countries that are members of the UN.


[Q]: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Invest in Energy Security Act''.

SEC. 2. STRATEGIC PETROLEUM RESERVE.

    (a) Petroleum Acquisition for the Strategic Petroleum Reserve.--
Section 301(e)(1) of the Energy Policy Act of 2005 (42 U.S.C. 6240 
note) is amended to read as follows:
            ``(1) In general.--The Secretary shall, as expeditiously as 
        practical, without incurring excessive cost or appreciably 
        affecting the price of petroleum products to consumers, acquire 
        petroleum in quantities sufficient to fill the available 
        capacity of the Strategic Petroleum Reserve, subject to the 
        following limitations:
                    ``(A) Suspension of royalty-in-kind transfers to 
                the strategic petroleum reserve.--No later than 
                September 30, 2008, the Secretary shall sell 13,000,000 
                barrels of petroleum received under the royalty-in-kind 
                program. Beginning October 1, 2008, the Secretary shall 
                suspend acquisition of petroleum for the Strategic 
                Petroleum Reserve under the Royalty-In-Kind program, 
                subject to resumption as provided in subparagraph (B).
                    ``(B) Resumption of petroleum acquisition for the 
                strategic petroleum reserve.--The Secretary may resume 
                acquisition of petroleum for the Strategic Petroleum 
                Reserve 30 days after notification to Congress that--
                            ``(i)(I) the Secretary projects that the 
                        United States will fall short of its 
                        commitments under the International Energy 
                        Program within a period of 24 months from the 
                        date of the projection; or
                            ``(II) the weighted average price of 
                        petroleum for the most recent 90 day period is 
                        at least 25 percent less than the 24-month 
                        historical average price; and
                            ``(ii) that resumption of Strategic 
                        Petroleum Reserve fill will not have an 
                        appreciable effect on the price of petroleum 
                        products to consumers within the following 12-
                        month period after the resumption of 
                        acquisition.
                    ``(C) Future suspension of strategic petroleum 
                reserve petroleum acquisition.--During any period in 
                which the Secretary is acquiring petroleum for the 
                Strategic Petroleum Reserve, the Secretary shall 
                suspend acquisition activities if--
                            ``(i) the monthly weighted average price of 
                        petroleum increases by more than 20 percent 
                        over any period of 6 months or less; or
                            ``(ii) the Secretary determines that 
                        continued Strategic Petroleum Reserve fill may 
                        have an appreciable impact on prices of 
                        petroleum products in future months.''.
    (b) Revised Procedures.--No later than 60 days after the date of 
the enactment of this section, the Secretary shall publish revised 
procedures under section 301(e)(2) of the Energy Policy Act of 2005 
consistent with the provisions contained in the amendment made by 
subsection (a).

SEC. 3. ENERGY INDEPENDENCE AND SECURITY FUND.

    (a) Establishment.--There is hereby established in the Treasury of 
the United States the ``Energy Independence and Security Fund'' 
(hereinafter in this section referred to as ``the Fund'').
    (b) Administration.--The Secretary of Energy shall be responsible 
for administering the Fund for the purpose of carrying out this 
section.
    (c) Deposits.--All proceeds from sales of petroleum from the 
Strategic Petroleum Reserve, as authorized in section 301(e)(1) of the 
Energy Policy Act of 2005 (as amended by section 2 of this Act), after 
deduction of the direct administrative costs associated with such 
sales, shall be deposited in the Fund.
    (d) Distribution of Funds.--The Secretary shall make available for 
obligation, without further appropriation and without fiscal year 
limitation, the following amounts from the Fund:
            (1) Advanced research projects agency--energy.--For fiscal 
        year 2008, the Secretary shall transfer $100,000,000 to the 
        ``Energy Transformation Acceleration Fund'', as authorized in 
        section 5012(m) of the America COMPETES Act (42 U.S.C. 
        16538(m)), to remain available until expended. Of the funds 
        transferred, the Secretary shall further allocate the amounts 
        made available for obligation as follows:
                    (A) $50,000,000 shall be available for university-
                based research projects.
                    (B) $10,000,000 shall be available for program 
                direction expenses.
            (2) Rural wind energy.--For fiscal year 2008, the Secretary 
        shall transfer $15,000,000 to the account ``Energy Efficiency 
        and Renewable Energy'', to remain available until expended, for 
        necessary expenses for a program to support the development of 
        infrastructure necessary for deployment of wind energy systems 
        in rural areas, as authorized in section 931(f)(1) of the 
        Energy Policy Act of 2005 (42 U.S.C. 16231(f)(1)).
            (3) Solar energy research and development.--For fiscal year 
        2008, the Secretary shall transfer $30,000,000 to the account 
        ``Energy Efficiency and Renewable Energy'', to remain available 
        until expended, for necessary expenses for a program to 
        accelerate the research, development, demonstration, and 
        deployment of solar energy technologies, as authorized by 
        section 931(a)(2)(A) of the Energy Policy Act of 2005 (42 
        U.S.C. 16231(a)(2)(A)).
            (4) Low income weatherization.--For fiscal year 2008, the 
        Secretary shall transfer $100,000,000 to the account 
        ``Weatherization Assistance Program'', to remain available 
        until expended, for necessary expenses for a program to 
        weatherize low income housing, as authorized by section 411 of 
        the Energy Independence and Security Act of 2007 (Public Law 
        110-140).
            (5) Marine and hydrokinetic renewable electric energy.--For 
        fiscal year 2008, the Secretary shall transfer $30,000,000 to 
        the account ``Energy Efficiency and Renewable Energy'', to 
        remain available until expended, for necessary expenses for a 
        program to accelerate the research, development, demonstration, 
        and deployment of ocean and wave energy, including hydrokinetic 
        renewable energy, as authorized by section 931 of the Energy 
        Policy Act of 2005 (42 U.S.C. 16231) and section 636 of the 
        Energy Independence and Security Act of 2007 (Public Law 110-
        140).
            (6) Industrial energy efficiency research and 
        development.--For fiscal year 2008, the Secretary shall 
        transfer $110,000,000 to the account ``Energy Efficiency and 
        Renewable Energy'', to remain available until expended, for 
        necessary expenses for a program to accelerate the research, 
        development, demonstration, and deployment of new technologies 
        to improve the energy efficiency and reduce greenhouse gas 
        emissions from industrial processes, as authorized in section 
        911(a)(2)(C) of the Energy Policy Act of 2005 (42 U.S.C. 
        16191(a)(2)(C)) and in section 452 of the Energy Independence 
        and Security Act of 2007 (Public Law 110-140).
            (7) Building energy efficiency research and development.--
        For fiscal year 2008, the Secretary shall transfer $70,000,000 
        to the account ``Energy Efficiency and Renewable Energy'', to 
        remain available until expended, for necessary expenses for a 
        program to accelerate the research, development, demonstration, 
        and deployment of new technologies to improve the energy 
        efficiency and reduce greenhouse gas emissions from buildings, 
        as authorized in section 422 of the Energy Independence and 
        Security Act of 2007 (Public Law 110-140).
            (8) Energy storage for transportation and electric power 
        applications.--For fiscal year 2008, the Secretary shall 
        transfer $30,000,000 to the account ``Energy Efficiency and 
        Renewable Energy'', to remain available until expended, for 
        necessary expenses for a program to accelerate the research, 
        development, demonstration, and deployment of new materials for 
        improving the energy efficiency of transportation, electric 
        power and other technologies, as authorized by section 641 of 
        the Energy Independence and Security Act of 2007 (Public Law 
        110-140).
            (9) Geothermal energy development.--(A) For fiscal year 
        2008, the Secretary shall transfer $30,000,000 to the account 
        ``Energy Efficiency and Renewable Energy'', to remain available 
        until expended, for necessary expenses for a program for 
        geothermal research and development activities to be managed by 
        the National Renewable Energy Laboratory, as authorized by 
        section 931(a)(2)(C) of the Energy Policy Act of 2005 (42 
        U.S.C. 16231(a)(2)(C)); and
            (B) For fiscal year 2008, the Secretary shall transfer 
        $30,000,000 to the account ``Fossil Energy Research and 
        Development'', to remain available until expended, for 
        necessary expenses for a program of advanced geothermal 
        drilling and resource characterization to be managed by the 
        National Energy Technology Laboratory.
            (10) Carbon capture and storage.--For fiscal year 2008, the 
        Secretary shall transfer $385,000,000 to the account ``Fossil 
        Energy Research and Development'', to remain available until 
        expended, for necessary expenses for a program of demonstration 
        projects of carbon capture and storage, as authorized by 
        sections 702 and 703 of the Energy Independence and Security 
        Act of 2007 (Public Law 110-140). Notwithstanding any other 
        provision of law, one of the demonstration projects shall be a 
        component of the FutureGen project.
            (11) Nonconventional domestic natural gas and petroleum 
        production and environmental research.--
                    (A) For fiscal year 2008, the Secretary shall 
                transfer $50,000,000 to the ``Ultra-Deepwater and 
                Unconventional Natural Gas and Other Petroleum Research 
                Fund'', to remain available until expended, as 
                authorized by section 999H(e) of the Energy Policy Act 
                of 2005 (42 U.S.C. 16378(e)).
                    (B) For fiscal year 2008, the Secretary shall 
                transfer $15,000,000 to the account ``Fossil Energy 
                Research and Development'', to remain available until 
                expended, for necessary expenses for a program of 
                environmental research in support of small producers of 
                domestic petroleum and natural gas, for regulatory 
                analysis and for support for the stripper well 
                consortium.
            (12) Hydrogen research and development.--For fiscal year 
        2008, the Secretary shall transfer $5,000,000 to the account 
        ``Energy Efficiency and Renewable Energy'', to remain available 
        until expended, for necessary expenses for the Department's H-
        Prize Program, as authorized by section 654 of the Energy 
        Independence and Security Act of 2007 (Public Law 110-140).
    (e) Amendments.--(1) Section 999F of the Energy Policy Act of 2005 
(42 U.S.C. 16376) is amended by striking ``2014'' and inserting 
``2017''.
    (2) Section 999B(e) of that Act (42 U.S.C.16372(e)) is amended by 
striking paragraph (3) and inserting the following:
            ``(3) Publication.--The Secretary shall publish in the 
        Federal Register the annual plan, along with any written 
        comments received under paragraph (2)(A) and (B).''.
    (3) Section 999H(b) of that Act (42 U.S.C.16378(b)) is amended by 
inserting ``, and shall be exempt from subchapter II of chapter 15 of 
title 31, United States Code'' after ``available until expended''.
    (f) Transfer Procedures.--The Secretary shall make an initial 
transfer from the Fund no later than 30 days after the initial deposit 
of monies into the Fund. The Secretary shall make additional transfers 
no later than 30 days after subsequent deposits, until the full amounts 
authorized for fiscal 2008 have been transferred. To the extent that 
any transfer in fiscal 2008 is less than the authorized total, the 
transfers shall be made on a pro rata basis.
    (g) Management and Oversight.--
            (1) Additionality of fiscal year 2008 transfers.--All 
        amounts transferred under subsection (d)(1) shall be in 
        addition to, and shall not be substituted for, any funds 
        appropriated for the same or similar purposes in the 
        Consolidated Appropriations Act, 2008.
            (2) Program plans and performance measures.--The Secretary 
        shall prepare and publish in the Federal Register a plan for 
        the proposed use of all funds authorized in subsection (d). The 
        plan also shall identify how the use of these funds will be 
        additive to, and not displace annual appropriations. The plans 
        also shall identify performance measures to assess the 
        additional benefits that may be realized from the application 
        of the additional funding provided under this section. The 
        initial plan shall be published in the Federal Register within 
        90 days from enactment of this section, and shall be updated 
        annually and submitted to Congress together with the 
        President's budget.
            (3) Congressional oversight and review.--Nothing in this 
        section shall limit or restrict the review and oversight of 
        program plans by the appropriate committees of Congress. 
        Nothing in this section shall limit or restrict the authority 
        of Congress to set alternative spending limitations in annual 
        appropriations Acts.
            (4) Apportionment.--All transactions of the Fund shall be 
        exempt from apportionment under the provisions of subchapter II 
        of chapter 15 of title 31, United States Code.
            (5) Use of other transactions authority.--(A) Any 
        solicitation for research, development, or demonstration 
        project proposals to be funded under this section shall provide 
        for and encourage the use of Other Transactions Authority, 
        including Technology Investment Agreements as authorized by 
        section 646(g) of the Department of Energy Organization Act (42 
        U.S.C. 7256) and Part 603 of the Department of Energy 
        Acquisition Regulation.
            (B) Any solicitation for a commercial demonstration project 
        under this section shall require the use of Other Transactions 
        Authority, including Technology Investment Agreements, as 
        authorized by section 646(g) of the Department of Energy 
        Organization Act (42 U.S.C. 7256) and Part 603 of the 
        Department of Energy Acquisition Regulation.
[A]:
Invest in Energy Security Act - Amends the Energy Policy Act of 2005 governing petroleum acquisition for the Strategic Petroleum Reserve (SPR) to direct the Secretary of Energy to: (1) sell specified quantities of petroleum received under the royalty-in-kind program; and (2) suspend petroleum acquisition for the SPR under such program.

Authorizes the Secretary to resume such acquisition upon notifying Congress that specified circumstances exist, and to suspend acquisition again if certain other circumstances arise.



Establishes the Energy Independence and Security Fund to receive all proceeds from sales of SPR petroleum.

Allocates amounts from such Fund for: (1) the Energy Transformation Acceleration Fund for university-based research projects and program direction expenses; (2) Energy Efficiency and Renewable Energy account for rural wind energy systems; (3) solar energy technologies; (4) weatherization assistance for low-income housing; (5) ocean and wave energy, including hydrokinetic renewable energy; (6) technologies to improve the energy efficiency and reduce greenhouse gas emissions from industrial processes and from buildings; (7) improvements to the energy efficiency of transportation and electric power; (8) geothermal research and development managed by the National Renewable Energy Laboratory; (9) advanced geothermal drilling and resource characterization managed by National Energy Technology Laboratory; (10) carbon capture and storage; (11) Ultra-Deepwater and Unconventional Natural Gas and Other Petroleum Research Fund; (12) environmental research in support of small producers of domestic petroleum and natural gas, for regulatory analysis and for support for the stripper well consortium; and (13) the H-Prize Program of the Department of Energy.