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§ 6403. —  Referenda.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 15USC6403]

 
                      TITLE 15--COMMERCE AND TRADE
 
               CHAPTER 90--PROPANE EDUCATION AND RESEARCH
 
Sec. 6403. Referenda


(a) Creation of program

    The qualified industry organizations may conduct, at their own 
expense, a referendum among producers and retail marketers for the 
creation of a Propane Education and Research Council. The Council, if 
established, shall reimburse the qualified industry organizations for 
the cost of the referendum accounting and documentation. Such referendum 
shall be conducted by an independent auditing firm agreed to by the 
qualified industry organizations. Voting rights in such referendum shall 
be based on the volume of propane produced or odorized propane sold in 
the previous calendar year or other representative period. Upon approval 
of those persons representing two-thirds of the total volume of propane 
voted in the retail marketer class and two-thirds of all propane voted 
in the producer class, the Council shall be established, and shall be 
authorized to levy an assessment on odorized propane in accordance with 
section 6405 of this title. All persons voting in the referendum shall 
certify to the independent auditing firm the volume of propane 
represented by their vote.

(b) Termination

    On the Council's own initiative, or on petition to the Council by 
producers and retail marketers representing 35 percent of the volume of 
propane in each class, the Council shall, at its own expense, hold a 
referendum, to be conducted by an independent auditing firm selected by 
the Council, to determine whether the industry favors termination or 
suspension of the Council. Termination or suspension shall not take 
effect unless it is approved by persons representing more than one-half 
of the total volume of odorized propane in the retail marketer class and 
more than one-half of the total volume of propane in the producer class, 
or is approved by persons representing more than two-thirds of the total 
volume of propane in either such class.

(Pub. L. 104-284, Sec. 4, Oct. 11, 1996, 110 Stat. 3371.)

                  Section Referred to in Other Sections

    This section is referred to in section 6402 of this title.



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