To provide for certain increases in, and limitations on, the drawdown and sales of the Strategic Petroleum Reserve.
Sen. Bill Cassidy (R-LA)Legislative Activity
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Senate amendment agreed to: Amendment SA 2954 agreed to in Senate by Voice Vote.
April 19, 2016
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Senate amendment agreed to: Amendment SA 2954 agreed to in Senate by Voice Vote.
April 19, 2016
Considered by Senate. (consideration: CR S2145, S2191; text: CR S2145)
April 19, 2016
Amendment SA 2954 agreed to in Senate by Voice Vote.
April 19, 2016
Considered by Senate. (consideration: CR S637)
February 4, 2016
Considered by Senate. (consideration: CR S539)
February 3, 2016
Considered by Senate. (consideration: CR S460)
February 2, 2016
Considered by Senate. (consideration: CR S405)
February 1, 2016
Considered by Senate. (consideration: CR S299)
January 28, 2016
Senate amendment submitted
January 27, 2016
Senate amendment proposed (on the floor): Amendment SA 2954 proposed by Senator Murkowski for Senator Cassidy to Amendment SA 2953.(consideration: CR S225-226; text: CR S225-226)
January 27, 2016
Senate amendment submitted
January 27, 2016
Amendment SA 2954 proposed by Senator Murkowski for Senator Cassidy to Amendment SA 2953. (consideration: CR S225-226; text: CR S225-226) To provide for certain increases in, and limitations on, the drawdown and sales of the Strategic Petroleum Reserve.
January 27, 2016
Text
Submitted
SA 2954. Mr. CASSIDY (for himself and Mr. Markey) submitted an amendment intended to be proposed to amendment SA 2953 proposed by Ms. Murkowski to the bill S. 2012, to provide for the modernization of the energy policy of the United States, and for other purposes; as follows: At the end of subtitle B of title II, add the following: SEC. 2102. STRATEGIC PETROLEUM RESERVE DRAWDOWN AND SALE. Section 403 of the Bipartisan Budget Act of 2015 (Public Law 114-74; 129 Stat. 589) is amended by adding at the end the following: ``(d) Increase; Limitation.-- ``(1) Increase.--The Secretary of Energy may increase the drawdown and sales under paragraphs (1) through (8) of subsection (a) as the Secretary of Energy determines to be appropriate to maximize the financial return to United States taxpayers. ``(2) Limitation.--The Secretary of Energy shall not drawdown or conduct sales of crude oil under this section after the date on which a total of $5,050,000,000 has been deposited in the general fund of the Treasury from sales authorized under this section.''. ______