National Oil Recycling Act

[AI summary unavailable — showing source text] National Oil Recycling Act - Exempts from the excise tax under the Internal Revenue Code lubricating oils sold for use in producing rerefined oil. Directs all Federal officials to encourage the use of recycled oil, through procurement policies, contracts and education. Requires the General Services Administration, the Department of Defense, and all other Federal agencies to revise their procurement specifications to encourage the use of recycled oil. Authorizes the Administrator of the Environmental Protection Agency to make a grant to any State which submits a waste oil management plan which includes specified provisions required by this Act. Limits the authorization to one grant for each State in an amount not to exceed $200,000 for fiscal years 1976 through 1980. Specifies the standards to be used by the Administrator in determining the amounts of such grants. Limits to $500,000 the grants to any State during fiscal years 1976 through 1980 for the implementation and operation of the waste oil management plan of such State. Permits States to provide for stricter control of recycled oil, used oil, or new oil than that provided for by Federal law. Directs the Administrator to promu…