S.Amdt. 4904
What it does: 17 changes: replaces text in 15 places, inserts text, strikes text
Sen. Jack Reed (D-RI)What it changes
17 changes to S. 3036 · 2 shown in the bill's text
We couldn't read part of this amendment. That part is shown as written below.
Change 1: Rewrites page 192, line 13 through page 193, line 8
ReplacesPrinted pageRemoves page 192, line 13 through page 193, line 8 of the printed bill. See that page
Inserted: SEC. 551. ALLOCATION.
Inserted: (a) In General.--Not later than 330 days before the beginning of each of calendar years 2012 through 2026, the Administrator shall allocate a quantity of emission allowances established pursuant to section 201(a) for that calendar year for distribution among owners and operators of fossil fuel-fired electricity generators in the United States.
Inserted: (b) Quantities of Emission Allowances Allocated.--The quantities of emission allowances allocated pursuant to subsection (a) shall be the quantities specified in the following table:
Inserted: ------------------------------------------------------------------------Allowances for distribution among fossil Calendar year fuel-fired electricity generators (in millions) 2012................................................... 713.8735 2013................................................... 700.7704 2014................................................... 687.5436 2015................................................... 674.4405 2016................................................... 648.4032 2017................................................... 623.0108 2018................................................... 582.9819 2019................................................... 522.2118 2020................................................... 451.9791 2021................................................... 373.1201 2022................................................... 264.9938 2023................................................... 216.3391 2024................................................... 160.0451 2025................................................... 146.4000 2026................................................... 32.8593.
Inserted: SEC. 552. DISTRIBUTION.
Inserted: (a) Regulations.--Not later than 2 years after the date of enactment of this Act, the Administrator shall promulgate regulations establishing a system for distributing, for each of calendar years 2012 through 2026, among owners and operators of individual fossil fuel-fired electricity generators in the United States, the emission allowances allocated for that year by section 551.
Original wording
Beginning on page 192, strike line 13 and all that follows through page 193, line 8, and insert the following:
Change 2: Replaces “2029” with “2026”
[struck: 2029][inserted: 2026]Original wording
On page 195, line 1, strike “2029” and insert “2026”.
Change 3: Rewrites page 196, line 18 through page 197, line 8
ReplacesPrinted pageRemoves page 196, line 18 through page 197, line 8 of the printed bill. See that page
Inserted: SEC. 561. ALLOCATION.
Inserted: (a) In General.--Not later than 330 days before the beginning of each of calendar years 2012 through 2026, the Administrator shall allocate a quantity of emission allowances established pursuant to section 201(a) for that calendar year for distribution among owners and operators of entities that manufacture petroleum-based liquid or gaseous fuel in the United States.
Inserted: (b) Quantities of Emission Allowances Allocated.--The quantities of emission allowances allocated pursuant to subsection (a) shall be the quantities specified in the following table:
Inserted: ------------------------------------------------------------------------Allowances for refiners of Calendar year petroleum-based fuel (in millions) 2012.................................................... 79.3193 2013.................................................... 77.8634 2014.................................................... 76.3937 2015.................................................... 74.9378 2016.................................................... 73.0595 2017.................................................... 71.2012 2018.................................................... 33.7961 2019.................................................... 32.1361 2020.................................................... 30.1319 2021.................................................... 27.6385 2022.................................................... 23.5550 2023.................................................... 21.1063 2024.................................................... 17.7828 2025.................................................... 16.7314 2026.................................................... 5.7147.
Original wording
Beginning on page 196, strike line 18 and all that follows through page 197, line 8, and insert the following:
Change 4: Rewrites page 198, line 19 through page 199, line 8
ReplacesPrinted pageRemoves page 198, line 19 through page 199, line 8 of the printed bill. See that page
Inserted: SEC. 571. ALLOCATION.
Inserted: (a) In General.--Not later than 330 days before the beginning of each of calendar years 2012 through 2026, the Administrator shall allocate a quantity of emission allowances established pursuant to section 201(a) for that calendar year for distribution among owners and operators of--
Inserted: (1) natural gas processing plants in the United States (other than in the State of Alaska);
Inserted: (2) entities that produce natural gas in the State of Alaska or the Federal waters of the outer Continental Shelf off the coast of that State; and
Inserted: (3) entities that hold title to natural gas, including liquefied natural gas, or natural-gas liquid at the time of importation into the United States.
Inserted: (b) Quantities of Emission Allowances Allocated.--The quantities of emission allowances allocated pursuant to subsection (a) shall be the quantities specified in the following table:
Inserted: ------------------------------------------------------------------------Allowances for natural-gas Calendar year processors (in millions) 2012................................................... 29.7447 2013................................................... 29.1988 2014................................................... 28.6477 2015................................................... 28.1017 2016................................................... 27.3973 2017................................................... 26.7005 2018................................................... 25.3470 2019................................................... 24.1021 2020................................................... 22.5990 2021................................................... 20.7289 2022................................................... 17.6663 2023................................................... 15.8297 2024................................................... 13.3371 2025................................................... 12.5486 2026................................................... 4.2860.
Original wording
Beginning on page 198, strike line 19 and all that follows through page 199, line 8, and insert the following:
Change 5: Rewrites page 204, line 22 through page 206, line 21
ReplacesPrinted pageRemoves page 204, line 22 through page 206, line 21 of the printed bill. See that page
Inserted: SEC. 601. ASSISTING ENERGY CONSUMERS THROUGH LOCAL DISTRIBUTION ENTITIES, LIHEAP PROGRAM, AND WEATHERIZATION ASSISTANCE PROGRAM.
Inserted: (a) Allocation and Reservation.--
Inserted: (1) LDC allocation.--Not later than 330 days before the beginning of each of calendar years 2012 through 2050, the Administrator shall allocate among local distribution companies and natural gas local distribution companies the quantities of emission allowances established pursuant to section 201(a) for the calendar year for local distribution companies as specified in the following table:
Inserted: ------------------------------------------------------------------------Allowances for Allowances for LDC's LDC's natural Calendar year electricity (in gas (in millions) millions) 2012................................. 548.6250 187.6875 2013................................. 552.7275 184.2425 2014................................. 542.2950 180.7650 2015................................. 531.9600 177.3200 2016................................. 521.5275 173.8425 2017................................. 511.1925 170.3975 2018................................. 500.8575 166.9525 2019................................. 490.4250 163.4750 2020................................. 480.0900 160.0300 2021................................. 469.6575 156.5525 2022................................. 459.3225 153.1075 2023................................. 448.9875 149.6625 2024................................. 438.5550 146.1850 2025................................. 428.2200 142.7400 2026................................. 428.6000 150.0100 2027................................. 410.1611 143.5564 2028................................. 392.2148 137.2752 2029................................. 345.1889 120.8161 2030................................. 328.8148 115.0852 2031................................. 319.4100 70.9800 2032................................. 308.8800 68.6400 2033................................. 298.4400 66.3200 2034................................. 288.0000 64.0000 2035................................. 277.4700 61.6600 2036................................. 267.0300 59.3400 2037................................. 256.5000 57.0000 2038................................. 246.0600 54.6800 2039................................. 235.6200 52.3600 2040................................. 225.0900 50.0200 2041................................. 214.6500 47.7000 2042................................. 204.2100 45.3800 2043................................. 193.6800 43.0400 2044................................. 183.2400 40.7200 2045................................. 172.7100 38.3800 2046................................. 162.2700 36.0600 2047................................. 151.8300 33.7400 2048................................. 141.3000 31.4000 2049................................. 130.8600 29.0800 2050................................. 120.3300 26.7400.
Inserted: (2) LIHEAP/WAP reservation.--Not later than 330 days before the beginning of each of calendar years 2012 through 2050, the Administrator shall reserve for the low-income home energy assistance program established under the Low-Income Home Energy Assistance Act of 1981 (42 U.S.C. 8621 et seq.), and the Weatherization Assistance Program for Low-Income Persons established under part A of title IV of the Energy Conservation and Production Act (42 U.S.C. 6861 et seq.) the quantities of emission allowances established pursuant to section 201(a) for the calendar year for local distribution companies as specified in the following table:
Inserted: ------------------------------------------------------------------------Allowances for Allowances for Weatherization Calendar year LIHEAP (in Program (in millions) millions) 2012................................. 259.8750 115.5000 2013................................. 255.1050 113.3800 2014................................. 250.2900 111.2400 2015................................. 245.5200 109.1200 2016................................. 240.7050 106.9800 2017................................. 235.9350 104.8600 2018................................. 231.1650 102.7400 2019................................. 226.3500 100.6000 2020................................. 221.5800 98.4800 2021................................. 216.7650 96.3400 2022................................. 211.9950 94.2200 2023................................. 207.2250 92.1000 2024................................. 202.4100 89.9600 2025................................. 197.6400 87.8400 2026................................. 192.8700 85.7200 2027................................. 188.0550 83.5800 2028................................. 183.2850 81.4600 2029................................. 178.4700 79.3200 2030................................. 173.7000 77.2000 2031................................. 133.0875 8.8725 2032................................. 128.7000 8.5800 2033................................. 124.3500 8.2900 2034................................. 120.0000 8.0000 2035................................. 115.6125 7.7075 2036................................. 111.2625 7.4175 2037................................. 106.8750 7.1250 2038................................. 102.5250 6.8350 2039................................. 98.1750 6.5450 2040................................. 93.7875 6.2525 2041................................. 89.4375 5.9625 2042................................. 85.0875 5.6725 2043................................. 80.7000 5.3800 2044................................. 76.3500 5.0900 2045................................. 71.9625 4.7975 2046................................. 67.6125 4.5075 2047................................. 63.2625 4.2175 2048................................. 58.8750 3.9250 2049................................. 54.5250 3.6350 2050................................. 50.1375 3.3425.
Inserted: (b) Distribution.--
Inserted: (1) Local distribution entities.--
Inserted: (A) In general.--For each calendar year, the emission allowances allocated under subsection (a) for local distribution entities shall be distributed by the Administrator to each local distribution entity based on the proportion that--
Original wording
Beginning on page 204, strike line 22 and all that follows through page 206, line 21, and insert the following:
Change 6: Rewrites page 206, line 22
ReplacesPrinted pageRemoves page 206, line 22 of the printed bill. See that page
Inserted: (i) the quantity of electricity or natural
Original wording
On page 206, strike line 22 and insert the following:
Change 7: Rewrites page 207, line 7
ReplacesPrinted pageRemoves page 207, line 7 of the printed bill. See that page
Inserted: (ii) the total quantity of electricity or nat-
Original wording
On page 207, strike line 7 and insert the following:
Change 8: Rewrites page 207, line 15
ReplacesPrinted pageRemoves page 207, line 15 of the printed bill. See that page
Inserted: (B) Basis.--The Administrator shall base the
Original wording
On page 207, strike line 15 and insert the following:
Change 9: Replaces “paragraph (1)” with “subparagraph (A)”
[struck: paragraph (1)][inserted: subparagraph (A)]Original wording
On page 207, line 18, strike “paragraph (1)” and insert “subparagraph (A)”.
Change 10: Inserts new text on page 207, between lines 21 and 22
InsertsPrinted pageInserted: (2) Distribution to liheap and wap.--With respect to the allowances reserved under subsection (a)(2) for the low-income home energy assistance program established under the Low-Income Home Energy Assistance Act of 1981 (42 U.S.C. 8621 et seq.), and the Weatherization Assistance Program for Low-Income Persons established under part A of title IV of the Energy Conservation and Production Act (42 U.S.C. 6861 et seq.), as specified in the table contained in subsection (a)(2), the Administrator shall--
Inserted: (A) auction the allowances in accordance with the procedures described in section 582(b); and
Inserted: (B) transfer the proceeds of the auctions of the allowances for low-income home energy assistance program established under the Low-Income Home Energy Assistance Act of 1981 (42 U.S.C. 8621 et seq.) and the Weatherization Assistance Program for Low-Income Persons established under part A of title IV of the Energy Conservation and Production Act (42 U.S.C. 6861 et seq.) to the Secretary of Health and Human Services and the Secretary of Energy, respectively, for use in carrying out those programs.
Original wording
On page 207, between lines 21 and 22, insert the following:
Change 11: Strikes page 210, line 22 through page 211, line 3
StrikesPrinted pageRemoves page 210, line 22 through page 211, line 3 of the printed bill. See that page
Original wording
Beginning on page 210, strike line 22 and all that follows through page 211, line 3.
Change 12: Replaces “(IV)” with “(II)”
[struck: (IV)][inserted: (II)]Original wording
On page 211, line 4, strike “(IV)” and insert “(II)”.
Change 13: Rewrites page 211, lines 10–11
ReplacesPrinted pageRemoves page 211, lines 10–11 of the printed bill. See that page
Inserted: (III) includes energy efficiency and other pro-
Original wording
On page 211, strike lines 10 and 11 and insert the following:
Change 14: Rewrites page 211, line 18 through page 212, line 14
ReplacesPrinted pageRemoves page 211, line 18 through page 212, line 14 of the printed bill. See that page
Inserted: (C) Development.--A local distribution entity may develop an assistance program under this paragraph--
Inserted: (i) in consultation with appropriate State regulatory authorities; or
Inserted: (ii) for the purpose of supplementing an existing low-income consumer assistance plan of the entity.
Original wording
Beginning on page 211, strike line 18 and all that follows through page 212, line 14, and insert the following:
Change 15: Replaces “issuing rebates” with “creating incentive programs”
In S. 3036 · Placed on Calendar Senate
(b) Proceeds.--All proceeds from the sale of emission allowances under subsection (a) shall be used solely--
(1) to mitigate economic impacts on low- and middle-income energy consumers, including by reducing transmission charges or
[struck: issuing rebates][inserted: creating incentive programs]; and(2) to promote energy efficiency on the part of energy consumers.
Original wording
On page 214, line 5, strike “issuing rebates” and insert “creating incentive programs”.
Change 16: Rewrites page 214, line 14 through page 215, line 9
ReplacesPrinted pageRemoves page 214, line 14 through page 215, line 9 of the printed bill. See that page
Inserted: (B) Minimum percentage requirement.--Each local distribution entity shall use not less than 30 percent of the proceeds of from the sale of emission allowances under paragraph (1) to benefit low-income residential energy consumers.
Original wording
Beginning on page 214, strike line 14 and all that follows through page 215, line 9, and insert the following:
Change 17: Replaces “rebates” with “incentives”
In S. 3036 · Placed on Calendar Senate
(b) Proceeds.--All proceeds from the sale of emission allowances under subsection (a) shall be used solely--
(1) to mitigate economic impacts on low- and middle-income energy consumers, including by reducing transmission charges or issuing
[struck: rebates][inserted: incentives]; and(2) to promote energy efficiency on the part of energy consumers.
Original wording
On page 216, line 12, strike “rebates” and insert “incentives”.
Shown as written
Beginning on page 202, strike line 24 and all that follows through the table on page 203, preceding line 3, and insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 4904. Mr. REED (for himself and Ms. Collins) 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:
Beginning on page 192, strike line 13 and all that follows through page 193, line 8, and insert the following:
SEC. 551. ALLOCATION.
(a) In General.--Not later than 330 days before the beginning of each of calendar years 2012 through 2026, the Administrator shall allocate a quantity of emission allowances established pursuant to section 201(a) for that calendar year for distribution among owners and operators of fossil fuel-fired electricity generators in the United States.
(b) Quantities of Emission Allowances Allocated.--The quantities of emission allowances allocated pursuant to subsection (a) shall be the quantities specified in the following table:
------------------------------------------------------------------------Allowances for distribution among fossil Calendar year fuel-fired electricity generators (in millions)
------------------------------------------------------------------------
2012................................................... 713.8735
2013................................................... 700.7704
2014................................................... 687.5436
2015................................................... 674.4405
2016................................................... 648.4032
2017................................................... 623.0108
2018................................................... 582.9819
2019................................................... 522.2118
2020................................................... 451.9791
2021................................................... 373.1201
2022................................................... 264.9938
2023................................................... 216.3391
2024................................................... 160.0451
2025................................................... 146.4000
2026................................................... 32.8593.
------------------------------------------------------------------------
SEC. 552. DISTRIBUTION.
(a) Regulations.--Not later than 2 years after the date of enactment of this Act, the Administrator shall promulgate regulations establishing a system for distributing, for each of calendar years 2012 through 2026, among owners and operators of individual fossil fuel-fired electricity generators in the United States, the emission allowances allocated for that year by section 551.
On page 195, line 1, strike “2029” and insert “2026”.
Beginning on page 196, strike line 18 and all that follows through page 197, line 8, and insert the following:
SEC. 561. ALLOCATION.
(a) In General.--Not later than 330 days before the beginning of each of calendar years 2012 through 2026, the Administrator shall allocate a quantity of emission allowances established pursuant to section 201(a) for that calendar year for distribution among owners and operators of entities that manufacture petroleum-based liquid or gaseous fuel in the United States.
(b) Quantities of Emission Allowances Allocated.--The quantities of emission allowances allocated pursuant to subsection (a) shall be the quantities specified in the following table:
------------------------------------------------------------------------Allowances for refiners of Calendar year petroleum-based fuel (in millions)
------------------------------------------------------------------------
2012.................................................... 79.3193
2013.................................................... 77.8634
2014.................................................... 76.3937
2015.................................................... 74.9378
2016.................................................... 73.0595
2017.................................................... 71.2012
2018.................................................... 33.7961
2019.................................................... 32.1361
2020.................................................... 30.1319
2021.................................................... 27.6385
2022.................................................... 23.5550
2023.................................................... 21.1063
2024.................................................... 17.7828
2025.................................................... 16.7314
2026.................................................... 5.7147.
------------------------------------------------------------------------
Beginning on page 198, strike line 19 and all that follows through page 199, line 8, and insert the following:
SEC. 571. ALLOCATION.
(a) In General.--Not later than 330 days before the beginning of each of calendar years 2012 through 2026, the Administrator shall allocate a quantity of emission allowances established pursuant to section 201(a) for that calendar year for distribution among owners and operators of--
(1) natural gas processing plants in the United States (other than in the State of Alaska);
(2) entities that produce natural gas in the State of Alaska or the Federal waters of the outer Continental Shelf off the coast of that State; and
(3) entities that hold title to natural gas, including liquefied natural gas, or natural-gas liquid at the time of importation into the United States.
(b) Quantities of Emission Allowances Allocated.--The quantities of emission allowances allocated pursuant to subsection (a) shall be the quantities specified in the following table:
------------------------------------------------------------------------Allowances for natural-gas Calendar year processors (in millions)
------------------------------------------------------------------------
2012................................................... 29.7447
2013................................................... 29.1988
2014................................................... 28.6477
2015................................................... 28.1017
2016................................................... 27.3973
2017................................................... 26.7005
2018................................................... 25.3470
2019................................................... 24.1021
2020................................................... 22.5990
2021................................................... 20.7289
2022................................................... 17.6663
2023................................................... 15.8297
2024................................................... 13.3371
2025................................................... 12.5486
2026................................................... 4.2860.
------------------------------------------------------------------------
Beginning on page 202, strike line 24 and all that follows through the table on page 203, preceding line 3, and insert the following:
(c) Quantities of Emission Allowances Auctioned.--The quantities of emission allowances allocated for each calendar year pursuant to subsection (a) shall be the quantities specified in the following table:
------------------------------------------------------------------------Allowances for energy Calendar year consumers (in millions)
------------------------------------------------------------------------
2012................................................... 202.1250
2013................................................... 212.5875
2014................................................... 208.5750
2015................................................... 218.2400
2016................................................... 227.3325
2017................................................... 235.9350
2018................................................... 256.8500
2019................................................... 301.8000
2020................................................... 295.4400
2021................................................... 289.0200
2022................................................... 329.7700
2023................................................... 322.3500
2024................................................... 359.8400
2025................................................... 351.3600
2026................................................... 385.7400
2027................................................... 417.9000
2028................................................... 407.3000
2029................................................... 436.2600
2030................................................... 463.2000
2031................................................... 443.6250
2032................................................... 429.0000
2033................................................... 414.5000
2034................................................... 432.0000
2035................................................... 416.2050
2036................................................... 400.5450
2037................................................... 384.7500
2038................................................... 369.0900
2039................................................... 353.4300
2040................................................... 337.6350
2041................................................... 321.9750
2042................................................... 306.3150
2043................................................... 290.5200
2044................................................... 274.8600
2045................................................... 259.0650
2046................................................... 243.4050
2047................................................... 227.7450
2048................................................... 211.9500
2049................................................... 196.2900
2050................................................... 180.4950.
------------------------------------------------------------------------
Beginning on page 204, strike line 22 and all that follows through page 206, line 21, and insert the following:
SEC. 601. ASSISTING ENERGY CONSUMERS THROUGH LOCAL DISTRIBUTION ENTITIES, LIHEAP PROGRAM, AND WEATHERIZATION ASSISTANCE PROGRAM.
(a) Allocation and Reservation.--
(1) LDC allocation.--Not later than 330 days before the beginning of each of calendar years 2012 through 2050, the Administrator shall allocate among local distribution companies and natural gas local distribution companies the quantities of emission allowances established pursuant to section 201(a) for the calendar year for local distribution companies as specified in the following table:
------------------------------------------------------------------------Allowances for Allowances for LDC's LDC's natural Calendar year electricity (in gas (in millions) millions)
------------------------------------------------------------------------
2012................................. 548.6250 187.6875
2013................................. 552.7275 184.2425
2014................................. 542.2950 180.7650
2015................................. 531.9600 177.3200
2016................................. 521.5275 173.8425
2017................................. 511.1925 170.3975
2018................................. 500.8575 166.9525
2019................................. 490.4250 163.4750
2020................................. 480.0900 160.0300
2021................................. 469.6575 156.5525
2022................................. 459.3225 153.1075
2023................................. 448.9875 149.6625
2024................................. 438.5550 146.1850
2025................................. 428.2200 142.7400
2026................................. 428.6000 150.0100
2027................................. 410.1611 143.5564
2028................................. 392.2148 137.2752
2029................................. 345.1889 120.8161
2030................................. 328.8148 115.0852
2031................................. 319.4100 70.9800
2032................................. 308.8800 68.6400
2033................................. 298.4400 66.3200
2034................................. 288.0000 64.0000
2035................................. 277.4700 61.6600
2036................................. 267.0300 59.3400
2037................................. 256.5000 57.0000
2038................................. 246.0600 54.6800
2039................................. 235.6200 52.3600
2040................................. 225.0900 50.0200
2041................................. 214.6500 47.7000
2042................................. 204.2100 45.3800
2043................................. 193.6800 43.0400
2044................................. 183.2400 40.7200
2045................................. 172.7100 38.3800
2046................................. 162.2700 36.0600
2047................................. 151.8300 33.7400
2048................................. 141.3000 31.4000
2049................................. 130.8600 29.0800
2050................................. 120.3300 26.7400.
------------------------------------------------------------------------
(2) LIHEAP/WAP reservation.--Not later than 330 days before the beginning of each of calendar years 2012 through 2050, the Administrator shall reserve for the low-income home energy assistance program established under the Low-Income Home Energy Assistance Act of 1981 (42 U.S.C. 8621 et seq.), and the Weatherization Assistance Program for Low-Income Persons established under part A of title IV of the Energy Conservation and Production Act (42 U.S.C. 6861 et seq.) the quantities of emission allowances established pursuant to section 201(a) for the calendar year for local distribution companies as specified in the following table:
------------------------------------------------------------------------Allowances for Allowances for Weatherization Calendar year LIHEAP (in Program (in millions) millions)
------------------------------------------------------------------------
2012................................. 259.8750 115.5000
2013................................. 255.1050 113.3800
2014................................. 250.2900 111.2400
2015................................. 245.5200 109.1200
2016................................. 240.7050 106.9800
2017................................. 235.9350 104.8600
2018................................. 231.1650 102.7400
2019................................. 226.3500 100.6000
2020................................. 221.5800 98.4800
2021................................. 216.7650 96.3400
2022................................. 211.9950 94.2200
2023................................. 207.2250 92.1000
2024................................. 202.4100 89.9600
2025................................. 197.6400 87.8400
2026................................. 192.8700 85.7200
2027................................. 188.0550 83.5800
2028................................. 183.2850 81.4600
2029................................. 178.4700 79.3200
2030................................. 173.7000 77.2000
2031................................. 133.0875 8.8725
2032................................. 128.7000 8.5800
2033................................. 124.3500 8.2900
2034................................. 120.0000 8.0000
2035................................. 115.6125 7.7075
2036................................. 111.2625 7.4175
2037................................. 106.8750 7.1250
2038................................. 102.5250 6.8350
2039................................. 98.1750 6.5450
2040................................. 93.7875 6.2525
2041................................. 89.4375 5.9625
2042................................. 85.0875 5.6725
2043................................. 80.7000 5.3800
2044................................. 76.3500 5.0900
2045................................. 71.9625 4.7975
2046................................. 67.6125 4.5075
2047................................. 63.2625 4.2175
2048................................. 58.8750 3.9250
2049................................. 54.5250 3.6350
2050................................. 50.1375 3.3425.
------------------------------------------------------------------------
(b) Distribution.--
(1) Local distribution entities.--
(A) In general.--For each calendar year, the emission allowances allocated under subsection (a) for local distribution entities shall be distributed by the Administrator to each local distribution entity based on the proportion that--
On page 206, strike line 22 and insert the following:
(i) the quantity of electricity or natural
On page 207, strike line 7 and insert the following:
(ii) the total quantity of electricity or nat-
On page 207, strike line 15 and insert the following:
(B) Basis.--The Administrator shall base the
On page 207, line 18, strike “paragraph (1)” and insert “subparagraph (A)”.
On page 207, between lines 21 and 22, insert the following:
(2) Distribution to liheap and wap.--With respect to the allowances reserved under subsection (a)(2) for the low-income home energy assistance program established under the Low-Income Home Energy Assistance Act of 1981 (42 U.S.C. 8621 et seq.), and the Weatherization Assistance Program for Low-Income Persons established under part A of title IV of the Energy Conservation and Production Act (42 U.S.C. 6861 et seq.), as specified in the table contained in subsection (a)(2), the Administrator shall--
(A) auction the allowances in accordance with the procedures described in section 582(b); and
(B) transfer the proceeds of the auctions of the allowances for low-income home energy assistance program established under the Low-Income Home Energy Assistance Act of 1981 (42 U.S.C. 8621 et seq.) and the Weatherization Assistance Program for Low-Income Persons established under part A of title IV of the Energy Conservation and Production Act (42 U.S.C. 6861 et seq.) to the Secretary of Health and Human Services and the Secretary of Energy, respectively, for use in carrying out those programs.
Beginning on page 210, strike line 22 and all that follows through page 211, line 3.
On page 211, line 4, strike “(IV)” and insert “(II)”.
On page 211, strike lines 10 and 11 and insert the following:
(III) includes energy efficiency and other pro-
Beginning on page 211, strike line 18 and all that follows through page 212, line 14, and insert the following:
(C) Development.--A local distribution entity may develop an assistance program under this paragraph--
(i) in consultation with appropriate State regulatory authorities; or
(ii) for the purpose of supplementing an existing low-income consumer assistance plan of the entity.
On page 214, line 5, strike “issuing rebates” and insert “creating incentive programs”.
Beginning on page 214, strike line 14 and all that follows through page 215, line 9, and insert the following:
(B) Minimum percentage requirement.--Each local distribution entity shall use not less than 30 percent of the proceeds of from the sale of emission allowances under paragraph (1) to benefit low-income residential energy consumers.
On page 216, line 12, strike “rebates” and insert “incentives”.
Legislative Activity
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Senate amendment submitted
June 5, 2008