Kent Conrad: “Mr. President I call up an amendment at the desk. It is a substitute on the energy amendment I offered earlier. I ask…”

“Mr. President I call up an amendment at the desk. It is a substitute on the energy amendment I offered earlier. I ask unanimous consent to modify my previous amendment. The PRESIDING OFFICER. Without objection, it is so ordered. The amendment is so modified. The amendment (No. 3136), as modified, is as follows: (Purpose: To provide a reserve fund for bold energy legislation that is deficit neutral) At the appropriate place, insert the following: ``SEC. . DEFICIT-NEUTRAL RESERVE FUND FOR ENERGY LEGISLATION. The Chairman of the Senate Committee on the Budget may revise the allocations, aggregates, and other appropriate levels and limits in this resolution for a bill or joint resolution, or an amendment thereto or conference report thereon, that would reduce our nation's dependence on foreign sources of energy, expand production and use of alternative fuels and alternative fuel vehicles, promote renewable energy development, improve electricity transmission, encourage responsible development of domestic oil and natural gas resources, and reward conservation and efficiency, by the amounts provided in such legislation for that purpose, provided that such legislation would not increase the deficit in fiscal year 2007 or over the total of the period of fiscal years 2007 through 2011, and provided that the committee or committees of jurisdiction are within their 302(a) allocations.”