S.Amdt. 4865
What it does: 2 changes: replaces text, inserts text
Sen. Robert Menendez (D-NJ)What it changes
2 changes to S. 3036
We couldn't read part of this amendment. That part is shown as written below.
Change 1: Replaces “2 percent” with “1.5 percent”
[struck: 2 percent][inserted: 1.5 percent]Original wording
On page 196, line 21, strike “2 percent” and insert “1.5 percent”.
Change 2: Inserts new text on page 198, between lines 16 and 17
InsertsPrinted pageInserted: (c) Limitation.--No emission allowance shall be distributed to an owner or operator of an entity described in section 561(a) under this subtitle if the owner or operator, or the parent company of the owner or operator, has total annual revenue that is equal to or greater than--
Inserted: (1) in the case of calendar year 2012, $100,000,000,000; and
Inserted: (2) in the case of each subsequent calendar year, $100,000,000,000, as adjusted to reflect the annual rate of United States dollar inflation for the calendar year (as measured by the Consumer Price Index) since calendar year 2012.
Original wording
On page 198, between lines 16 and 17, insert the following:
Shown as written
On page 443, after line 16, strike the table and insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 4865. Mr. MENENDEZ (for himself, Ms. Snowe, and Mr. Durbin) 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 196, line 21, strike “2 percent” and insert “1.5 percent”.
On page 198, between lines 16 and 17, insert the following:
(c) Limitation.--No emission allowance shall be distributed to an owner or operator of an entity described in section 561(a) under this subtitle if the owner or operator, or the parent company of the owner or operator, has total annual revenue that is equal to or greater than--
(1) in the case of calendar year 2012, $100,000,000,000; and
(2) in the case of each subsequent calendar year, $100,000,000,000, as adjusted to reflect the annual rate of United States dollar inflation for the calendar year (as measured by the Consumer Price Index) since calendar year 2012.
On page 443, after line 16, strike the table and insert the following:
------------------------------------------------------------------------Percentage for Calendar year auction for Fund
------------------------------------------------------------------------
2012.................................................... 1.5
2013.................................................... 1.5
2014.................................................... 1.75
2015.................................................... 1.75
2016.................................................... 1.75
2017.................................................... 1.75
2018.................................................... 2
2019.................................................... 2
2020.................................................... 2
2021.................................................... 2
2022.................................................... 3
2023.................................................... 3
2024.................................................... 3
2025.................................................... 3
2026.................................................... 4
2027.................................................... 4
2028.................................................... 4
2029.................................................... 4
2030.................................................... 4
2031.................................................... 6
2032.................................................... 6
2033.................................................... 6
2034.................................................... 6
2035.................................................... 6
2036.................................................... 6
2037.................................................... 6
2038.................................................... 6
2039.................................................... 7
2040.................................................... 7
2041.................................................... 7
2042.................................................... 7
2043.................................................... 7
2044.................................................... 7
2045.................................................... 7
2046.................................................... 7
2047.................................................... 7
2048.................................................... 7
2049.................................................... 7
2050.................................................... 7.
------------------------------------------------------------------------
Legislative Activity
Stay on top of the latest movement without scrolling through every action
Senate amendment submitted
June 5, 2008