[Congressional Record Volume 161, Number 11 (Thursday, January 22, 2015)]
[Senate]
[Pages S442-S443]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 133. Ms. HEITKAMP (for herself, Mr. Donnelly, and Mr. Coons) 
submitted an amendment intended to be proposed to amendment SA 2 
proposed by Ms. Murkowski (for herself, Mr. Hoeven, Mr. Barrasso, Mr. 
Risch, Mr. Lee, Mr. Flake, Mr. Daines, Mr. Manchin, Mr. Cassidy, Mr. 
Gardner, Mr. Portman, Mr. Alexander, and Mrs. Capito) 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. _. SENSE OF CONGRESS REGARDING 5-YEAR EXTENSION OF 
                   CREDITS WITH RESPECT TO FACILITIES PRODUCING 
                   ENERGY FROM CERTAIN RENEWABLE RESOURCES.

       (a) Findings.--Congress finds that--
       (1) the energy policy of the United States is based on an 
     all-of-the-above approach to production sources;
       (2) an all-of-the-above approach reduces dependence on 
     foreign oil, increases national security and creates jobs;
       (3) smart investments in renewable resources are critical 
     to increase the energy independence of the United States, 
     reduce emissions, and create jobs;
       (4) wind energy is a critical component of an all-of-the-
     above energy policy and has a proven track record of creating 
     jobs, reducing emissions, and provides an alternative and 
     compatible energy resource to the existing generation 
     infrastructure of the United States;
       (5) the wind energy industry and utilities require long-
     term certainty regarding the Production Tax Credit for 
     project planning in order to continue build out of this 
     valuable natural resource; and
       (6) the stop-start unpredictability of short-term 
     Production Tax Credit extensions should be avoided, as short-
     term extensions have disrupted the wind industry, slowing the 
     ability of the wind industry to cut costs,

[[Page S443]]

     as compared to what would have occurred with a long-term, 
     predictable policy in place.
       (b) Sense of Congress.--It is the sense of Congress that--
       (1) section 45(d) of the Internal Revenue Code of 1986 
     should be amended by striking ``January 1, 2015'' each place 
     it appears and inserting ``January 1, 2020'' in--
       (A) paragraph (1);
       (B) paragraph (2)(A);
       (C) paragraph (3)(A);
       (D) paragraph (4)(B);
       (E) paragraph (6);
       (F) paragraph (7);
       (G) paragraph (9); and
       (H) paragraph (11)(B);
       (2) clause (ii) of section 48(a)(5)(C) should be amended by 
     striking ``January 1, 2015'' and inserting ``January 1, 
     2020''; and
       (3) the amendments that would be made by paragraphs (1) and 
     (2) should take effect on January 1, 2015.
                                 ______