S.Amdt. 4924
What it does: 5 changes: replaces text in 3 places, strikes text, inserts textWhat it changes
5 changes to S. 3036
We couldn't read part of this amendment. That part is shown as written below.
Change 1: Rewrites page 196, line 19
ReplacesPrinted pageRemoves page 196, line 19 of the printed bill. See that page
Original wording
On page 196, strike line 19 and insert the following:
Change 2: Replaces “2 percent” with “0.5 percent”
[struck: 2 percent][inserted: 0.5 percent]Original wording
On page 196, line 21, strike “2 percent” and insert “0.5 percent”.
Change 3: Strikes page 197, lines 3–8
StrikesPrinted pageRemoves page 197, lines 3–8 of the printed bill. See that page
Original wording
On page 197, strike lines 3 through 8.
Change 4: 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 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) for calendar year 2012, $100,000,000,000; and
Inserted: (2) for 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:
Change 5: Rewrites page 426, lines 14–16
ReplacesPrinted pageRemoves page 426, lines 14–16 of the printed bill. See that page
Inserted: (2) for each of calendar years 2018 through 2030, 2 percent of the aggregate quantity of emission allowances established for the applicable calendar year pursuant to section 201(a); and
Inserted: (3) for each of calendar years 2031 through 2050, 1 percent of the aggregate quantity of emission allowances established for the applicable calendar year pursuant to section 201(a).
Original wording
On page 426, strike lines 14 through 16 and insert the following:
Shown as written
Not later than 330 days before
section--(1) for each of calendar years 2012 through 2017, 2.5 percent of the aggregate quantity of emission allowances established for the applicable calendar year pursuant to section 201(a);
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 4924. Mr. MENENDEZ (for himself and Mr. Kerry) 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, strike line 19 and insert the following: Not later than 330 days before
On page 196, line 21, strike “2 percent” and insert “0.5 percent”.
On page 197, strike lines 3 through 8.
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 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) for calendar year 2012, $100,000,000,000; and
(2) for 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 426, strike lines 14 through 16 and insert the following: section--
(1) for each of calendar years 2012 through 2017, 2.5 percent of the aggregate quantity of emission allowances established for the applicable calendar year pursuant to section 201(a);
(2) for each of calendar years 2018 through 2030, 2 percent of the aggregate quantity of emission allowances established for the applicable calendar year pursuant to section 201(a); and
(3) for each of calendar years 2031 through 2050, 1 percent of the aggregate quantity of emission allowances established for the applicable calendar year pursuant to section 201(a).
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Senate amendment submitted
June 5, 2008