To increase the amount of direct loans that may be provided by the Secretary of Energy to improve facilities for advanced technology vehicles manufacturing.

Amends the Energy Independence and Security Act of 2007 to increase the amount of loans the Secretary of Energy may provide for facility funding under the advanced technology vehicles manufacturing incentive program from $25 billion to $50 billion.

[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2150 Introduced in House (IH)]

111th CONGRESS
  1st Session
                                H. R. 2150

  To increase the amount of direct loans that may be provided by the 
   Secretary of Energy to improve facilities for advanced technology 
                         vehicle manufacturing.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 28, 2009

Mr. Levin (for himself, Mr. Dingell, Mr. Kildee, Mr. Upton, Mr. Ehlers, 
   Mr. Conyers, Mr. Rogers of Michigan, Mr. Stupak, Ms. Sutton, Mr. 
    Kucinich, Mr. McCotter, Mr. Schauer, Mr. Peters, Mr. Hill, Mr. 
Gonzalez, Mr. Donnelly of Indiana, Mr. Higgins, Mr. Baca, Ms. McCollum, 
Ms. Kaptur, Mrs. Miller of Michigan, Mr. Gordon of Tennessee, Mr. Camp, 
Mr. McHugh, Mr. Wilson of Ohio, Ms. Eshoo, Mr. Souder, Ms. Kilroy, Mr. 
  Hoekstra, and Mr. Yarmuth) introduced the following bill; which was 
            referred to the Committee on Energy and Commerce

_______________________________________________________________________

                                 A BILL


 
  To increase the amount of direct loans that may be provided by the 
   Secretary of Energy to improve facilities for advanced technology 
                         vehicle manufacturing.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. FINDINGS.

    Congress finds the following:
            (1) Reducing the United States dependence on foreign oil 
        and reducing carbon emissions are urgent national priorities.
            (2) Automobile manufacturers and component suppliers are 
        working together to develop the technologies necessary for 
        advanced technology vehicles that will improve the fuel economy 
        of our Nation's fleets.
            (3) Section 136 of the Energy Independence and Security Act 
        of 2007 authorized the Advanced Technology Vehicle 
        Manufacturing Incentive Program to assist manufacturers with 
        retooling, expanding, or establishing new manufacturing 
        facilities to produce advanced technology vehicles and their 
        components. Congress fully appropriated funding to provide 
        $25,000,000,000 in direct loans under the program as part of 
        the fiscal year 2009 continuing resolution.
            (4) By December 31, 2008, the Department of Energy had 
        received applications from component suppliers and auto 
        manufacturers seeking loans well in excess of the 
        $25,000,000,000 authorized.
            (5) The Federal Government, automakers, and suppliers must 
        be full partners in developing the technology and investing in 
        the manufacturing capabilities necessary to ensure that the 
        next generation of fuel efficient automobiles is produced in 
        the United States.
            (6) It is in the interest of the United States to maintain 
        a strong manufacturing base that leads the world in advanced 
        technologies, and as part of a comprehensive strategy to reduce 
        our dependence on foreign oil and reduce carbon emissions, to 
        increase the authorization for direct loans under section 136 
        of the Energy Independence and Security Act of 2007 to 
        $50,000,000,000 in order to accelerate the manufacture and 
        deployment of these highly efficient vehicles.

SEC. 2. ADVANCED TECHNOLOGY VEHICLE MANUFACTURING INCENTIVE LOANS.

    Section 136(d)(1) of the Energy Independence and Security Act of 
2007 (42 U.S.C. 17013(d)(1)) is amended by striking ``$25,000,000,000'' 
and inserting ``$50,000,000,000''.
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