[Congressional Record Volume 161, Number 11 (Thursday, January 22, 2015)]
[Senate]
[Pages S443-S444]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 138. Mr. MARKEY submitted an amendment intended to be proposed to

[[Page S444]]

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. _. EFFECTIVE DATE.

       This Act shall not take effect prior to the date that, 
     pursuant to an Act of Congress, the following tax breaks are 
     repealed for major integrated oil companies (as that term is 
     defined in section 167(h)(5)(B) of the Internal Revenue Code 
     of 1986):
       (1) Percentage depletion allowances under sections 613 and 
     613A of the Internal Revenue Code of 1986.
       (2) The domestic production activities deduction under 
     section 199 of the Internal Revenue Code of 1986.
                                 ______