[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[S. 3292 Introduced in Senate (IS)]







110th CONGRESS
  2d Session
                                S. 3292

    To provide emergency energy assistance, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                July 21 (legislative day, July 17), 2008

  Mr. Kerry (for himself, Mr. Cardin, Mr. Kennedy, Mr. Lieberman, Mr. 
 Menendez, Mr. Whitehouse, Ms. Cantwell, and Mr. Dodd) introduced the 
 following bill; which was read twice and referred to the Committee on 
                                Finance

_______________________________________________________________________

                                 A BILL


 
    To provide emergency energy assistance, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Emergency Energy Assistance Act of 
2008''.

SEC. 2. TEMPORARY INCREASE OF CREDIT PERCENTAGE FOR PURPOSES OF THE 
              EARNED INCOME TAX CREDIT.

    (a) In General.--Paragraph (1) of section 32(b) of the Internal 
Revenue Code of 1986 (relating to percentages) is amended--
            (1) by striking subparagraph (C), and
            (2) by amending subparagraph (B) to read as follows:
                    ``(B) Percentages for 2008.--In the case of taxable 
                years beginning in 2008:


 
                                                                 The
                                                The  credit    phaseout
 ``In the case of an eligible individual with:   percentage   percentage
                                                     is:         is:
 
1 qualifying child............................        37.49        15.98
2 or more qualifying children.................        42.49        21.06
No qualifying children........................         12.9     7.65.''.
 

    (b) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2007.

SEC. 3. LOW-INCOME HOME ENERGY ASSISTANCE APPROPRIATIONS.

    (a) In General.--In addition to any amounts appropriated under any 
other provision of Federal law, there is appropriated, out of any money 
in the Treasury not otherwise appropriated, for fiscal year 2008--
            (1) $1,265,000,000 (to remain available until expended) for 
        making payments under subsections (a) through (d) of section 
        2604 of the Low-Income Home Energy Assistance Act of 1981 (42 
        U.S.C. 8623); and
            (2) $1,265,000,000 (to remain available until expended) for 
        making payments under section 2604(e) of the Low-Income Home 
        Energy Assistance Act of 1981 (42 U.S.C. 8623(e)), 
        notwithstanding the designation requirement of section 2602(e) 
        of such Act (42 U.S.C. 8621(e)).
    (b) Emergency Requirement.--The amount provided under this section 
is designated as an emergency requirement and necessary to meet 
emergency needs, pursuant to section 204 of S. Con. Res. 21 (110th 
Congress), the concurrent resolution on the budget for fiscal year 
2008.

SEC. 4. WEATHERIZATION ASSISTANCE PROGRAM FOR LOW-INCOME PERSONS.

    (a) In General.--In addition to any amounts appropriated under any 
other provision of Federal law, there is appropriated, out of any money 
in the Treasury not otherwise appropriated, for fiscal year 2008 
$522,800,000 to carry out the Weatherization Assistance Program for 
Low-Income Persons established under part A of title IV of the Energy 
Conservation and Production Act (42 U.S.C. 6861 et seq.).
    (b) Emergency Requirement.--The amount provided under this section 
is designated as an emergency requirement and necessary to meet 
emergency needs pursuant to section 204 of S. Con. Res. 21 (110th 
Congress), the concurrent resolution on the budget for fiscal year 
2008.
                                 <all>