[Congressional Record Volume 162, Number 16 (Wednesday, January 27, 2016)]
[Senate]
[Page S257]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2954. Mr. CASSIDY (for himself and Mr. Markey) submitted an 
amendment intended to be proposed to amendment SA 2953 proposed by Ms. 
Murkowski to the bill S. 2012, to provide for the modernization of the 
energy policy of the United States, and for other purposes; as follows:

       At the end of subtitle B of title II, add the following:

     SEC. 2102. STRATEGIC PETROLEUM RESERVE DRAWDOWN AND SALE.

       Section 403 of the Bipartisan Budget Act of 2015 (Public 
     Law 114-74; 129 Stat. 589) is amended by adding at the end 
     the following:
       ``(d) Increase; Limitation.--
       ``(1) Increase.--The Secretary of Energy may increase the 
     drawdown and sales under paragraphs (1) through (8) of 
     subsection (a) 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 $5,050,000,000 has been 
     deposited in the general fund of the Treasury from sales 
     authorized under this section.''.
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