This bill prohibits the Department of Energy (DOE) from making any additional awards or loans under the Advanced Technology Vehicles Manufacturing Incentive Program established by the Energy Independence and Security Act of 2007.
Upon the repayment, in accordance with loan agreement terms, of all loans made before enactment of this Act, DOE authority and requirements for the entire program shall be repealed.
[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4769 Introduced in House (IH)]
<DOC>
114th CONGRESS
2d Session
H. R. 4769
To repeal the Advanced Technology Vehicles Manufacturing Incentive
Program.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
March 16, 2016
Mr. Russell introduced the following bill; which was referred to the
Committee on Energy and Commerce
_______________________________________________________________________
A BILL
To repeal the Advanced Technology Vehicles Manufacturing Incentive
Program.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. ADVANCED TECHNOLOGY VEHICLES MANUFACTURING INCENTIVE PROGRAM
REPEAL.
(a) Cessation of Authority.--Effective on the date of enactment of
this Act, the Secretary of Energy may not make any additional awards or
loans under section 136 of the Energy Independence and Security Act of
2007 (42 U.S.C. 17013).
(b) Repeal.--Upon the repayment, in accordance with the terms of
the loan agreements, of all loans made before the date of enactment of
this Act under subsection (d) of such section, section 136 of the
Energy Independence and Security Act of 2007 (42 U.S.C. 17013) is
repealed.
<all>
Introduced in House
Introduced in House
Referred to the House Committee on Energy and Commerce.
Referred to the Subcommittee on Energy and Power.
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