To ensure the viability of a technology described in section 1703(b) of the Energy Policy Act of 2005.

Amends the Energy Policy Act of 2005 to authorize the Secretary of Energy (DOE) to take actions to ensure the viability of innovative technology projects to avoid, reduce, or sequester air pollutants or anthropogenic emissions of greenhouse gases that are eligible for loan guarantees with potential applicants for such guarantees.

Requires a person that fails to achieve technical criteria that is provided in such a loan guarantee agreement to surrender to the Secretary any property leased from the Secretary or otherwise acquired or used using funds provided for such guarantees.

[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3759 Introduced in House (IH)]

112th CONGRESS
  1st Session
                                H. R. 3759

To ensure the viability of a technology described in section 1703(b) of 
                     the Energy Policy Act of 2005.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           December 20, 2011

  Mrs. Schmidt (for herself, Mr. LaTourette, Mr. Turner of Ohio, Mr. 
 Austria, Mr. Johnson of Ohio, Mr. Gibbs, Mr. Stivers, Mr. Chabot, Mr. 
 Latta, Mr. Ryan of Ohio, Mr. Tiberi, and Mr. Renacci) introduced the 
   following bill; which was referred to the Committee on Energy and 
   Commerce, and in addition to the Committee on Science, Space, and 
Technology, for a period to be subsequently determined by the Speaker, 
 in each case for consideration of such provisions as fall within the 
                jurisdiction of the committee concerned

_______________________________________________________________________

                                 A BILL


 
To ensure the viability of a technology described in section 1703(b) of 
                     the Energy Policy Act of 2005.

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

SECTION 1. TECHNOLOGY VIABILITY.

    Section 1702 of the Energy Policy Act of 2005 (42 U.S.C. 16512) is 
amended by adding at the end the following new subsection:
    ``(l) Technology Viability.--
            ``(1) In general.--The Secretary is authorized to take 
        appropriate actions to ensure the viability of a technology 
        described in section 1703(b) with a potential applicant for a 
        loan guarantee under this title. Funding for carrying out this 
        subsection may be derived, to the extent provided in 
        appropriations Acts, from amounts otherwise authorized to be 
        appropriated for carrying out this title or for other 
        administrative purposes of the Department of Energy.
            ``(2) Failure to achieve criteria.--If the Secretary 
        determines that a person has not achieved technical criteria as 
        provided under an agreement entered into between that person 
        and the Secretary pursuant to this subsection, that person 
        shall, as soon as practicable, surrender to the Secretary 
        custody, possession, and control of, and title to, any real or 
        personal property leased by that person from the Secretary or 
        otherwise acquired or used, using funds provided under this 
        subsection.''.
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