3.0.0 3126 2019-11-15T21:57:54Z 2019-11-15T21:57:54Z Senate S S 2008-06-12 110 ssfi00 Finance Committee Senate Standing Referred to 2008-06-12T20:26:55Z 2008-06-12 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S5619-5626) IntroReferral 2008-06-12 Introduced in Senate IntroReferral 10000 9 Library of Congress C001057 Sen. Coleman, Norm [R-MN] Norm Coleman R MN N Energy Administrative procedure Alternative energy sources Coal Coastal zone Commerce Construction costs Continental shelf Department of the Treasury Economics and Public Finance Employee training Environmental Protection Environmental degradation Federally-guaranteed loans Finance and Financial Sector Fines (Penalties) Gas in submerged lands Government Operations and Politics Government trust funds Income tax Labor and Employment Law Manufacturing industries Marine and coastal resources, fisheries Marine resources conservation Nuclear power plants Oil and gas leases Oil and gas royalties Oil well drilling Petroleum in submerged lands Pipelines Public Lands and Natural Resources Science, Technology, Communications Tax credits Taxation Technological innovations Transportation and Public Works Wildlife conservation Energy 00 2008-06-12 Introduced in Senate 2008-08-01T17:37:54Z Energy Resource Development Act of 2008 - Revokes the Memorandum on Withdrawal of Certain Areas of the United States Outer Continental Shelf from Leasing Disposition. Amends the Outer Continental Shelf Lands Act to: (1) authorize the governors of affected states to accept, provide a counterproposal to, or veto the Secretary of the Interior's (Secretary's) proposed lease sales or development and production plans of certain coastal areas; (2) direct the Secretary to conduct an approved lease sale for a new producing area; and (3) direct the Secretary of the Treasury to deposit revenues from the disposition of new producing areas in specified funds. Directs the Secretary to allocate revenues to new producing states and coastal political subdivisions for: (1) coastal protection; (2) mitigation of damage to fish, wildlife, or natural resources; (3) marine, coastal, or comprehensive conservation management plans; (4) mitigation of the impact of outer Continental Shelf activities through the funding of onshore projects; and (5) planning assistance and administrative costs for complying with this Act.

Establishes in the Treasury the Energy Independence Trust Fund and provides for expenditures.

Requires the Secretary to: (1) make loan guarantees for projects that provide for the construction of new renewable fuel pipelines; and (2) issue a rule directing the Department of Energy Loan Guarantee Program Office to initiate a loan guarantee program for such projects.

Directs the President to: (1) promulgate regulations to ensure that covered fuel sold or introduced into U.S. commerce contains specified volumes of clean coal-derived fuel beginning in calendar year 2015; and (2) implement a credit program to manage such requirement. Provides for a waiver to such requirement, exemptions for small refineries, and civil penalties for noncompliance.

Amends the Energy Policy Act of 2005 to revise provisions concerning loan guarantees for projects that employ innovative technologies. Designates the fund that consists of revenues from fees collected for such guarantees as the Incentives for Innovative Technologies Fund.

Requires the Secretary of Energy to carry out a Nuclear Power 2010 Program to position the United States to commence construction of new nuclear power plants by no later than 2010. Requires the Program to be carried out through cost-sharing with the private sector. Authorizes appropriations.

Establishes an interagency working group to make recommendations on coordinating federal actions and programs to promote increasing domestic manufacturing capacity and the exportation of domestic nuclear energy products and services.

Amends the Internal Revenue Code to establish a qualifying nuclear power manufacturing credit and a nuclear power facility construction credit.

Requires the Secretary of Labor to implement a program to provide workforce training to meet the demand for workers skilled in the nuclear utility and nuclear energy products and services industries.

]]> Energy Resource Development Act of 2008 Short Titles as Introduced Energy Resource Development Act of 2008 Display Title Energy Resource Development Act of 2008 Official Title as Introduced A bill to provide for the development of certain traditional and alternative energy resources, and for other purposes. Introduced in Senate 2008-06-12T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s3126is/xml/BILLS-110s3126is.xml 2008-06-12 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S5619-5626) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.