S.Amdt. 4379Senate111th Congress (2009-2011)2nd degree

S.Amdt. 4379

Submitted June 17, 2010

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Senate amendment submitted

June 17, 2010

Text

Submitted

SA 4379. Mr. VITTER submitted an amendment intended to be proposed to
amendment SA 4369 proposed by Mr. Baucus to the bill H.R. 4213, to
amend the Internal Revenue Code of 1986 to extend certain expiring
provisions, and for other purposes; which was ordered to lie on the
table; as follows:

At the end of the subtitle D of title IV, add 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.
______