S.Amdt. 5470Senate117th Congress (2021-2023)2nd degree
S.Amdt. 5470
Sponsored by
Sen. Rob Portman (R-OH)
Submitted August 6, 2022
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Senate amendment submitted
August 6, 2022
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Submitted
SA 5470. Mr. PORTMAN submitted an amendment intended to be proposed to amendment SA 5194 proposed by Mr. Schumer to the bill H.R. 5376, to provide for reconciliation pursuant to title II of S. Con. Res. 14; which was ordered to lie on the table; as follows: Strike section 70002 and insert the following: SEC. 70002. UNITED STATES POSTAL SERVICE CLEAN FLEETS. (a) In General.--In addition to amounts otherwise available, there is appropriated to the United States Postal Service for fiscal year 2022, out of any money in the Treasury not otherwise appropriated, to be deposited into the Postal Service Fund established under section 2003 of title 39, United States Code-- (1) $1,290,000,000, to remain available through September 30, 2031, for the purchase of zero-emission delivery vehicles with respect to which the requirements described in paragraphs (1), (2)(A), and (3)(A) of subsection (b) are satisfied; and (2) $1,710,000,000, to remain available through September 30, 2031, for the purchase, design, and installation of the requisite infrastructure to support zero-emission delivery vehicles at facilities that the United States Postal Service owns or leases from non-Federal entities. [[Page S4349]] (b) Requirements.-- (1) Final assembly requirement.--The requirement described in this paragraph is that final assembly of the vehicle occurs in North America. (2) Critical minerals requirement.-- (A) In general.--The requirement described in this subparagraph with respect to a vehicle is that, with respect to the battery from which the electric motor of such vehicle draws electricity, the percentage of the value of the applicable critical minerals (as defined in section 45X(c)(6) of the Internal Revenue Code of 1986, as added by section 13502(a) of this Act) contained in such battery that were-- (i) extracted or processed in the United States; (ii) extracted or processed in any country with which the United States has a free trade agreement in effect; or (iii) recycled in North America, is equal to or greater than the applicable percentage. (B) Applicable percentage.--For purposes of subparagraph (A), the applicable percentage shall be-- (i) in the case of a vehicle placed in service before January 1, 2024, 40 percent; (ii) in the case of a vehicle placed in service during calendar year 2024, 50 percent; (iii) in the case of a vehicle placed in service during calendar year 2025, 60 percent; (iv) in the case of a vehicle placed in service during calendar year 2026, 70 percent; and (v) in the case of a vehicle placed in service after December 31, 2026, 80 percent. (3) Battery component requirement.-- (A) In general.--The requirement described in this subparagraph with respect to a vehicle is that, with respect to the battery from which the electric motor of such vehicle draws electricity, the percentage of the value of the components contained in such battery that were manufactured or assembled in North America is equal to or greater than the applicable percentage. (B) Applicable percentage.--For purposes of subparagraph (A), the applicable percentage shall be-- (i) in the case of a vehicle placed in service before January 1, 2024, 50 percent; (ii) in the case of a vehicle placed in service during calendar year 2024 or 2025, 60 percent; (iii) in the case of a vehicle placed in service during calendar year 2026, 70 percent; (iv) in the case of a vehicle placed in service during calendar year 2027, 80 percent; (v) in the case of a vehicle placed in service during calendar year 2029, 90 percent; and (vi) in the case of a vehicle placed in service after December 31, 2028, 100 percent. ______