S.Amdt. 4843
What it does: Rewrites page 64, lines 6–12
Sen. Wayne Allard (R-CO)What it changes
1 change to S. 3036
Rewrites page 64, lines 6–12
ReplacesPrinted pageRemoves page 64, lines 6–12 of the printed bill. See that page
Inserted: (c) Legal Status.--
Inserted: (1) In general.--An emission allowance shall constitute a property right.
Inserted: (2) Compensation.--The Administrator shall provide to the holder of an emission allowance just compensation for the termination or limitation of the emission allowance.
Original wording
On page 64, strike lines 6 through 12 and insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 4843. Mr. ALLARD submitted an amendment intended to be proposed by him to the bill S. 3036, to direct the Administrator of the Environmental Protection Agency to establish a program to decrease emissions of greenhouse gases, and for other purposes; which was ordered to lie on the table; as follows:
On page 64, strike lines 6 through 12 and insert the following:
(c) Legal Status.--
(1) In general.--An emission allowance shall constitute a property right.
(2) Compensation.--The Administrator shall provide to the holder of an emission allowance just compensation for the termination or limitation of the emission allowance.
Legislative Activity
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Senate amendment submitted
June 4, 2008