S.Amdt. 3052Senate114th Congress (2015-2017)2nd degree

S.Amdt. 3052

Sponsored by Jeff FlakeSen. Jeff Flake (R-AZ)
Submitted January 28, 2016

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Senate amendment submitted

January 28, 2016

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Senate amendment submitted

January 28, 2016

Floor

Senate amendment submitted

January 28, 2016

Text

Submitted

SA 3052. Mr. FLAKE (for himself, Mr. McCain, Mr. Lankford, and Mr.
Sessions) 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; which was ordered to lie on the table; as follows:

At the appropriate place, insert the following:

SEC. __. SUSPENSION OF SPECIFIED ENERGY GRANTS.

Section 1603 of division B of the American Recovery and
Reinvestment Act of 2009 is amended by adding at the end the
following new subsection:
``(k) Special Rule.--The Secretary of the Treasury shall
not make any grant to any person under this section after the
date of the enactment of this subsection and before the date
that both the Inspector General of the Department of the
Treasury and the Treasury Inspector General for Tax
Administration have completed and submitted to Congress a
comprehensive investigation relating to fraud with respect to
the grants allowed under this section, including fraud--
``(1) through overestimating the cost bases of property for
purposes of collecting such grants, and
``(2) through claiming both tax benefits and grants with
respect to the same property.''.
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