6. Related federal initiatives, requirements and funding, and the implications for strategic planning and investment in the State; and be it further

Sec. 2. Energy Resources Council report. Resolved: That the Energy Resources Council shall report its interim findings and recommendations resulting from the study required in this resolve by January 31, 2004 and its final recommendations by January 31, 2005. The reports must present recommended production or usage goals for alternative transportation fuels and biofuels, recommended strategies to arrive at those goals and the predicted costs and benefits of such strategies; and be it further

Sec. 3. Costs. Resolved: That the costs of the study required in this resolve must be absorbed within the existing resources of the Energy Resources Council and member agencies.