[Congressional Record Volume 161, Number 118 (Sunday, July 26, 2015)]
[Senate]
[Page S5716]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2360. Ms. MURKOWSKI (for herself and Ms. Cantwell) submitted an 
amendment intended to be proposed by her to the bill H.R. 22, to amend 
the Internal Revenue Code of 1986 to exempt employees with health 
coverage under TRICARE or the Veterans Administration from being taken 
into account for purposes of determining the employers to which the 
employer mandate applies under the Patient Protection and Affordable 
Care Act; which was ordered to lie on the table; as follows:

       Strike section 52204 and insert the following:

     SEC. 52204. STRATEGIC PETROLEUM RESERVE DRAWDOWN AND SALE; 
                   CLARIFICATION OF EXCISE TAX TREATMENT OF OIL 
                   SANDS.

       (a) Drawdown and Sale.--
       (1) In general.--Notwithstanding section 161 of the Energy 
     Policy and Conservation Act (42 U.S.C. 6241), except as 
     provided in subsection (b), the Secretary of Energy shall 
     drawdown and sell from the Strategic Petroleum Reserve--
       (A) 3,560,000 barrels of crude oil during fiscal year 2018;
       (B) 4,450,000 barrels of crude oil during fiscal year 2019;
       (C) 7,120,000 barrels of crude oil during fiscal year 2020;
       (D) 7,120,000 barrels of crude oil during fiscal year 2021;
       (E) 8,900,000 barrels of crude oil during fiscal year 2022;
       (F) 14,250,000 barrels of crude oil during fiscal year 
     2023;
       (G) 22,250,000 barrels of crude oil during fiscal year 
     2024; and
       (H) 22,250,000 barrels of crude oil during fiscal year 
     2025.
       (2) Deposit of amounts received from sale.--Amounts 
     received from a sale under paragraph (1) shall be deposited 
     in the general fund of the Treasury during the fiscal year in 
     which the sale occurs.
       (b) Emergency Protection.--In any 1 fiscal year described 
     in subsection (a)(1), the Secretary of Energy shall not 
     drawdown and sell crude oil under this section in quantities 
     that would result in a Strategic Petroleum Reserve that 
     contains an inventory of petroleum products representing 
     fewer than 90 days of emergency reserves, based on the 
     average daily level of net imports of crude oil and petroleum 
     products in the calendar year preceding that fiscal year.
       (c) Clarification of Oil Sands as Crude Oil for Excise Tax 
     Purposes.--
       (1) In general.--Paragraph (1) of section 4612(a) of the 
     Internal Revenue Code of 1986 is amended to read as follows:
       ``(1) Crude oil.--The term `crude oil' includes crude oil 
     condensates, natural gasoline, synthetic petroleum, any 
     bitumen or bituminous mixture, any oil derived from a bitumen 
     or bituminous mixture, and any oil derived from kerogen-
     bearing sources.''.
       (2) Technical amendment.--Paragraph (2) of section 4612(a) 
     of such Code is amended by striking ``from a well located''.
       (3) Effective date.--The amendments made by this subsection 
     shall apply to oil and petroleum products received, entered, 
     used, or exported during calendar quarters beginning more 
     than 60 days after the date of the enactment of this Act.
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