[Congressional Record Volume 161, Number 118 (Sunday, July 26, 2015)]
[Senate]
[Page S5726]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2393. Mr. CASSIDY (for himself and Mr. Markey) submitted an 
amendment intended to be proposed by him to the bill H.R. 22, to amend 
the Internal Revenue Code of 1986 to exempt employees with health care 
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.

       (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 subsections (b) and (c), the Secretary of Energy 
     shall drawdown and sell from the Strategic Petroleum 
     Reserve--
       (A) the quantity of barrels of crude oil that the Secretary 
     of Energy determines to be appropriate to maximize the 
     financial return to United States taxpayers for each of 
     fiscal years 2016 and 2017;
       (B) 4,000,000 barrels of crude oil during fiscal year 2018;
       (C) 5,000,000 barrels of crude oil during fiscal year 2019;
       (D) 8,000,000 barrels of crude oil during fiscal year 2020;
       (E) 8,000,000 barrels of crude oil during fiscal year 2021;
       (F) 10,000,000 barrels of crude oil during fiscal year 
     2022;
       (G) 16,000,000 barrels of crude oil during fiscal year 
     2023;
       (H) 25,000,000 barrels of crude oil during fiscal year 
     2024; and
       (I) 25,000,000 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) Adjustment; Limitation.--
       (1) Adjustment.--The Secretary of Energy may adjust the 
     drawdown and sales under subparagraphs (A) through (I) of 
     subsection (a)(1) as the Secretary of Energy determines to be 
     appropriate to maximize the financial return to United States 
     taxpayers.
       (2) Limitation.--The Secretary of Energy shall not drawdown 
     or conduct sales of crude oil under this section after the 
     date on which a total of $9,050,000,000 has been received 
     from sales authorized under this section.
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