US Congress House Bill 3221 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 17-0)
Status: Introduced on October 14 2011 - 25% progression, died in committee
Action: 2011-10-18 - Referred to the Subcommittee on Energy and Power.
Pending: House Subcommittee on Energy and Power Committee
Text: Latest bill text (Introduced) [PDF]

Job Creation and Energy Efficiency Act - Amends the Energy Policy Act of 2005 to authorize the Secretary of Energy (DOE) to provide credit support to ameliorate risks for a debt or repayment obligation incurred in connection with financing the installation and implementation of efficiency, advanced metering, distributed generation, or renewable energy technologies and measures that are expected to increase the energy efficiency of one or more buildings (including fixtures). Makes commercial, multifamily residential, industrial, municipal, government institutions of higher education, school, and hospital facilities eligible for such support. Includes among financing mechanisms that qualify as efficiency obligations: (1) loans, (2) power purchase agreements, (3) energy services agreements, (4) property assessed clean energy bonds and other tax assessment-based financing mechanisms, and (5) aggregate on-meter agreements that finance retrofit projects. Requires the Secretary to prioritize: (1) the maximization of energy savings with the available credit support funding; (2) the establishment of a clear application and approval process that allows private building owners, lenders, and investors to reasonably expect to receive credit support for projects that conform to guidelines; (3) the distribution of projects receiving credit support across states or geographical regions; and (4) projects designed to achieve whole-building retrofits. Prohibits the Secretary from issuing credit support that exceeds: (1) 90% of the principal amount of the obligation that is the subject of the support, or (2) $25 million for any project. Requires the Secretary to report on such support. Authorizes the Secretary to charge reasonable fees for such support.

Job Creation and Energy Efficiency Act

Rep. Rosa DeLauro [D-CT]	Rep. Russ Carnahan [D-MO]	Rep. Judy Chu [D-CA]	Rep. John Conyers [D-MI]
Rep. Joe Courtney [D-CT]	Rep. Keith Ellison [D-MN]	Rep. Sam Farr [D-CA]	Rep. Raul Grijalva [D-AZ]
Rep. Barbara Lee [D-CA]	Rep. Zoe Lofgren [D-CA]	Sen. Ben Lujan [D-NM]	Rep. John Olver [D-MA]
Rep. Janice Schakowsky [D-IL]	Rep. Paul Tonko [D-NY]	Sen. Chris Van Hollen [D-MD]	Sen. Peter Welch [D-VT]
Rep. Lynn Woolsey [D-CA]

Date	Chamber	Action
2011-10-18	House	Referred to the Subcommittee on Energy and Power.
2011-10-14	House	Referred to the House Committee on Energy and Commerce.

SB1000 (Related) 2011-09-06 - Placed on Senate Legislative Calendar under General Orders. Calendar No. 151.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/house-bill/3221/all-info
Text	https://www.congress.gov/112/bills/hr3221/BILLS-112hr3221ih.pdf