In the nature of a substitute.

SA 2301. Mr. KYL submitted an amendment intended to be proposed by
him to the bill H.R. 3435, making supplemental appropriations for
fiscal year 2009 for the Consumer Assistance to Recycle and Save
Program; which was ordered to lie on the table; as follows:

Strike all after the enacting clause and insert the
following:

SECTION 1. STATUS REPORT AND REIMBURSEMENT OF UNFUNDED
OBLIGATIONS.

The Consumer Assistance to Recycle and Save Act of 2009
(title XIII of Public Law 111-32) is amended--
(1) in subsection (c)(1)(A), by striking ``November 1,
2009'' and inserting ``August 8, 2009'';
(2) in subsection (g)--
(A) by amending paragraph (1) to read as follows:
``(1) Database.--The Secretary shall maintain, and update
each business day, a database that contains--
``(A) the vehicle identification numbers of--
``(i) all new fuel efficient vehicles purchased or leased
under the Program; and
``(ii) all eligible trade-in vehicles disposed of under the
Program; and
``(B) the amount of money--
``(i) obligated by the Federal Government for payment of
vouchers issued under the Program; and
``(ii) remaining to be obligated for such payments from the
amount appropriated for such purpose.''; and
(B) by adding at the end the following:
``(3) Supplemental report.--No amounts may be obligated for
the Program beyond the amounts appropriated under subsection
(j) until after the Secretary submits a report to the
committees referred to in paragraph (2) that--
``(A) evaluates the fuel efficiency standards of--
``(i) the eligible trade-in vehicles traded in under the
Program; and
``(ii) the new fuel efficient automobiles purchased under
the Program; and
``(B) details the administration of the Program, including
the method used by the Department of Transportation--
``(i) to track the amount obligated by the Federal
Government for payment of vouchers issued under the Program;
and
``(ii) to determine the amount of appropriated funds
remaining to be obligated under the Program.''; and
(3) in subsection (j)--
(A) by striking ``There is hereby appropriated'' and
inserting the following:
``(3) In general.--There is appropriated''; and
(B) by adding at the end the following:
``(2) Reimbursement of unfunded transactions.--In addition
to the amount appropriated under paragraph (1), there is
appropriated an amount equal to the amount by which the
dollar value of all of the vouchers issued under the Program
during the period described in subsection (c)(1)(A) exceeds
$1,000,000,000.''.
______