S.Amdt. 4379Senate111th Congress (2009-2011)2nd degree
S.Amdt. 4379
Sponsored by
Sen. David Vitter (R-LA)
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. ______