[Congressional Record Volume 161, Number 11 (Thursday, January 22, 2015)]
[Senate]
[Page S435]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 112. Mr. KING submitted an amendment intended to be proposed by 
him to the bill S. 1, to approve the Keystone XL Pipeline; which was 
ordered to lie on the table; as follows:

       At the appropriate place, insert the following:

     SEC. _. TAX ON OIL TRANSPORTED THROUGH THE KEYSTONE XL 
                   PIPELINE.

       (a) In General.--Subsection (c) of section 4611 of the 
     Internal Revenue Code of 1986 is amended by adding at the end 
     the following new paragraph:
       ``(3) Increase in the case of oil transported through the 
     keystone xl pipeline.--
       ``(A) In general.--In the case of any crude oil received at 
     a United States refinery that, at any point before reaching 
     the refinery, travels through any portion of the Keystone XL 
     pipeline, the rate of tax determined under paragraph (1) 
     shall be increased by 8 cents a barrel.
       ``(B) Keystone xl pipeline.--For purposes of this 
     paragraph, the term `Keystone XL pipeline' means the pipeline 
     described in section 2(a) of the Keystone XL Pipeline Act.
       ``(C) Amounts not attributable to trust funds.--For 
     purposes of any other provision of law, the increase under 
     subparagraph (A) shall not be treated as attributable to the 
     Hazardous Substance Superfund financing rate or the Oil Spill 
     Liability Trust Fund financing rate.''.
       (b) Transfers From General Fund.--
       (1) In general.--The Secretary of the Treasury shall from 
     time to time transfer to the Secretary of Energy from the 
     general fund of the Treasury amounts equal to the taxes 
     collected under section 4611(c)(3) of the Internal Revenue 
     Code of 1986.
       (2) Use of funds.--
       (A) In general.--Amounts transferred under paragraph (1) 
     shall be available without further appropriation only for 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) Prioritization.--In carrying out the program described 
     in subparagraph (A) using the amounts described in that 
     subparagraph, the Secretary of Energy shall prioritize 
     funding projects focused on fuel switching.
       (c) Effective Date.--The amendment made by subsection (a) 
     shall apply to crude oil received at a United States refinery 
     after the date of the enactment of this Act.
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