US SB1223 | 2015-2016 | 114th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on May 6 2015 - 25% progression, died in chamber
Action: 2015-06-09 - Committee on Energy and Natural Resources. Hearings held.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 6 2015 - 25% progression, died in chamber
Action: 2015-06-09 - Committee on Energy and Natural Resources. Hearings held.
Text: Latest bill text (Introduced) [PDF]
Summary
Energy Loan Program Improvement Act of 2015 This bill amends the Energy Policy Act of 2005 to repeal the condition of a full appropriation under which the Department of Energy (DOE) may make loan guarantees intended to serve as incentives for innovative technologies, but retains as the sole condition for the making of a guarantee that DOE has received from the borrower payment in full for the cost of the guarantee, and has deposited such payment into the Treasury. Any reorganization, restructuring, or termination of a debt obligation, as well as the debt obligation itself (as under current law), may not be subordinate to other financing. If DOE has not made a final decision 270 days after receipt of the loan application, the applicant may submit a loan status request, and may repeat such request every 90 days thereafter until the final decision is made. DOE must respond to such a request within 10 days after receiving it, summarizing any delaying factors and estimating the date the application review will be completed. The temporary program for rapid deployment of renewable energy and electric power transmission projects is repealed, and the unobligated balance of amounts available to implement it are rescinded.
Title
Energy Loan Program Improvement Act of 2015
Sponsors
Sen. Lisa Murkowski [R-AK] |
History
Date | Chamber | Action |
---|---|---|
2015-06-09 | Senate | Committee on Energy and Natural Resources. Hearings held. |
2015-05-06 | Senate | Read twice and referred to the Committee on Energy and Natural Resources. |
Same As/Similar To
SB2012 (Related) 2016-09-08 - Conference held.
SB2089 (Related) 2015-09-29 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 241.
SB2089 (Related) 2015-09-29 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 241.
Subjects
Advanced technology and technological innovations
Alternative and renewable resources
Appropriations
Department of Energy
Electric power generation and transmission
Energy
Executive agency funding and structure
Government lending and loan guarantees
Alternative and renewable resources
Appropriations
Department of Energy
Electric power generation and transmission
Energy
Executive agency funding and structure
Government lending and loan guarantees
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/114th-congress/senate-bill/1223/all-info |
Text | https://www.congress.gov/114/bills/s1223/BILLS-114s1223is.pdf |