S.Amdt. 2054
What it does: Adds SEC. __. ALLOWANCE FOR VOLUME CHANGES IN ESTABLISHING THE PRICE CAP FOR BULK MARKET DOMINANT PRODUCTS wherever appropriate
Sen. Bob Corker (R-TN)What it changes
1 change to S. 1789
Adds SEC. __. ALLOWANCE FOR VOLUME CHANGES IN ESTABLISHING THE PRICE CAP FOR BULK MARKET DOMINANT PRODUCTS wherever appropriate
Adds a sectionInserted: SEC. __. ALLOWANCE FOR VOLUME CHANGES IN ESTABLISHING THE PRICE CAP FOR BULK MARKET DOMINANT PRODUCTS.
Inserted: Section 3622(d)(1) of title 39, United States Code, is amended by striking subparagraph (A) and inserting the following:
Inserted: "(A) include an annual limitation on the percentage changes in rates to be set by the Postal Regulatory Commission that--
Inserted: "(i) except as provided in clause (ii), will be equal to the change in the Consumer Price Index for All Urban Consumers unadjusted for seasonal variation over the most recent available 12-month period preceding the date the Postal Service files notice of its intention to increase rates; and
Inserted: "(ii) for bulk products, shall be the rate described in clause (i), adjusted to reflect any estimated changes in unit costs due solely to changes in the volume of such products entered into the mail;".
The amendment doesn't say where this goes; the clerk decides.
Original wording
At the appropriate place, insert the following:
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As printed
SA 2054. Mr. CORKER submitted an amendment intended to be proposed by him to the bill S. 1789, to improve, sustain, and transform the United States Postal Service; which was ordered to lie on the table; as follows:
At the appropriate place, insert the following:
SEC. __. ALLOWANCE FOR VOLUME CHANGES IN ESTABLISHING THE PRICE CAP FOR BULK MARKET DOMINANT PRODUCTS.
Section 3622(d)(1) of title 39, United States Code, is amended by striking subparagraph (A) and inserting the following:
“(A) include an annual limitation on the percentage changes in rates to be set by the Postal Regulatory Commission that--
“(i) except as provided in clause (ii), will be equal to the change in the Consumer Price Index for All Urban Consumers unadjusted for seasonal variation over the most recent available 12-month period preceding the date the Postal Service files notice of its intention to increase rates; and
“(ii) for bulk products, shall be the rate described in clause (i), adjusted to reflect any estimated changes in unit costs due solely to changes in the volume of such products entered into the mail;”.
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Senate amendment submitted
April 18, 2012