S.Amdt. 4252
What it does: Adds SEC. ___. NEW REVENUES TO THE OIL SPILL LIABILITY TRUST FUND at the in the amendment being amended
Sen. David Vitter (R-LA)What it changes
1 change to H.R. 4899
Adds SEC. ___. NEW REVENUES TO THE OIL SPILL LIABILITY TRUST FUND at the in the amendment being amended
Adds a sectionInserted: SEC. ___. NEW REVENUES TO THE OIL SPILL LIABILITY TRUST FUND.
Inserted: The revenue resulting from any increase in the Oil Spill Liability Trust Fund financing rate under section 4611 of the Internal Revenue Code of 1986 shall--
Inserted: (1) not be counted for purposes of offsetting revenues, receipts, or discretionary spending under the Congressional Budget Act of 1974 or the Statutory Pay-As-You-Go Act of 2010; and
Inserted: (2) shall only be used for the purposes of the Oil Spill Liability Trust Fund.
Original wording
At the end of the amendment, insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 4252. Mr. VITTER submitted an amendment intended to be proposed by him to the bill H.R. 4899, making emergency supplemental appropriations for disaster relief and summer jobs for the fiscal year ending September 30, 2010, and for other purposes; which was ordered to lie on the table; as follows:
At the end of the amendment, insert the following:
SEC. ___. NEW REVENUES TO THE OIL SPILL LIABILITY TRUST FUND.
The revenue resulting from any increase in the Oil Spill Liability Trust Fund financing rate under section 4611 of the Internal Revenue Code of 1986 shall--
(1) not be counted for purposes of offsetting revenues, receipts, or discretionary spending under the Congressional Budget Act of 1974 or the Statutory Pay-As-You-Go Act of 2010; and
(2) shall only be used for the purposes of the Oil Spill Liability Trust Fund.
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Senate amendment submitted
May 26, 2010