HR 702 - To Adapt to Changing Crude Oil Market Conditions - National Key Vote

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Title: To Adapt to Changing Crude Oil Market Conditions

Vote Smart's Synopsis:

Vote to pass a bill that authorizes the export of crude oil.

Highlights:

  • Prohibits the president or another federal government official from limiting the export of crude oil (Secs. 2 & 3).
  • Specifies that this bill does not authorize the export of crude oil to the Islamic Republic of Iran (Sec. 10).
  • Increases the funds appropriated to the Maritime Security Fleet to the following amounts (Sec. 6):
    • From $3.1 million to $5 million for fiscal years 2017 and 2018;
    • From $3.5 million to $5 million for fiscal years 2019 and 2020; and
    • From $3.5 million to $5.23 million for fiscal year 2021.

Title: To Adapt to Changing Crude Oil Market Conditions

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