[Congressional Record Volume 161, Number 88 (Wednesday, June 3, 2015)]
[Senate]
[Pages S3721-S3722]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 1594. Ms. MURKOWSKI (for herself, Ms. Heitkamp, Mr. Hoeven, and 
Mr. Lankford) submitted an amendment intended to be proposed to 
amendment SA 1463 proposed by Mr.

[[Page S3722]]

McCain to the bill H.R. 1735, to authorize appropriations for fiscal 
year 2016 for military activities of the Department of Defense and for 
military construction, to prescribe military personnel strengths for 
such fiscal year, and for other purposes; which was ordered to lie on 
the table; as follows:

       At the end of subtitle G of title X, add the following:

     SEC. 1085. CRUDE OIL AND CONDENSATE REPORT REQUIRED.

       (a) Report Required.--Not later than 60 days after the date 
     of enactment of this Act, the Secretary of Energy shall 
     submit to the appropriate committees and leadership of 
     Congress an unclassified report assessing--
       (1) the ability of crude oil and condensate produced in 
     Iran and the United States to access and supply the global 
     crude oil and condensate market; and
       (2) the extent to which future action involving any measure 
     of statutory sanctions relief by the United States will 
     result in greater exports of Iranian petroleum to the global 
     market than permitted as of the date of the report.
       (b) Removal of Export Restrictions.--Beginning on the date 
     that is 30 calendar days after the date of submission of the 
     report required under subsection (a), notwithstanding any 
     provision of law, any domestic United States crude oil and 
     condensate may be exported on the same basis that petroleum 
     products may be exported on the date of enactment of this 
     Act.
       (c) Savings Clause.--Nothing in this section shall limit 
     the authority of the President under the Constitution, the 
     International Emergency Economic Powers Act (50 U.S.C. 1701 
     et seq.), the National Emergencies Act (50 U.S.C. 1601 et 
     seq.), or part B of title II of the Energy Policy and 
     Conservation Act (42 U.S.C. 6271 et seq.) to prohibit 
     exports.
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