3.0.0 3780 2023-01-11T13:21:25Z 2023-01-11T13:21:25Z Senate S S 2010-09-14 111 sseg00 Energy and Natural Resources Committee Senate Standing Referred to 2010-09-14T22:37:13Z 2010-09-14 sseg00 Energy and Natural Resources Committee Senate Read twice and referred to the Committee on Energy and Natural Resources. (text of measure as introduced: CR S7091-7093) IntroReferral 2010-09-14 Sponsor introductory remarks on measure. (CR S7091) IntroReferral B00100 9 Library of Congress 2010-09-14 Introduced in Senate IntroReferral 10000 9 Library of Congress S001181 Sen. Shaheen, Jeanne [D-NH] Jeanne Shaheen D NH N L000550 Sen. Landrieu, Mary L. [D-LA] MARY LANDRIEU D LA 2010-09-14 True Energy Building construction Educational facilities and institutions Elementary and secondary education Energy efficiency and conservation Government lending and loan guarantees Health facilities and institutions Higher education Securities State and local finance State and local taxation Energy 00 2010-09-14 Introduced in Senate 2011-01-05T13:42:50Z Recovery Through Building Renovation Act of 2010 - Amends the Energy Policy Act of 2005 to authorize the Secretary of Energy (DOE) to provide credit support for debt or repayment obligations incurred in connection with financing the installation of efficiency or renewable energy measures (efficiency obligations) in commercial, industrial, municipal, university, school, and hospital facilities.

Directs the Secretary to establish guidelines for such credit support, including: (1) standards for assessing, and threshold levels for, the expected energy savings; (2) examples of financing mechanisms that qualify as efficiency obligations; (3) eligibility criteria; and (4) lien priority requirements. Requires the Secretary to prioritize: (1) the maximization of energy savings with the available credit support funding; (2) the establishment of a clear application and approval process; and (3) the distribution of projects receiving credit support across states or geographical regions.

Directs the Secretary to: (1) establish an initial minimum energy savings requirement for eligible projects that results in the greatest amount of energy savings on a per project basis; and (2) annually adjust that requirement and any other credit support terms deemed necessary taking into account market conditions and available funding. Limits credit support to 90% of the principal amount of the efficiency obligation or $10 million for any single project. Authorizes the Secretary to charge reasonable fees for such credit support.

Directs the Secretary to establish: (1) the MUSH Building Efficiency Program to provide grants to state revolving funds to finance energy efficiency retrofit projects for buildings that are owned or controlled by a municipality, a state or public university, a school or school district, or a publicly owned hospital; and (2) a program that provides grants to state or tribal governments to support property assessed clean energy bonds and other tax assessment-based financing mechanisms to support building retrofit projects expected to produce significant energy efficiency gains.

]]> Recovery Through Building Renovation Act of 2010 Display Title Recovery Through Building Renovation Act of 2010 Official Title as Introduced A bill to establish a building efficiency retrofit loan credit support program, a State building revolving fund grant program, and a commercial and large building grant program. Introduced in Senate IS Short Titles as Introduced Recovery Through Building Renovation Act of 2010 Introduced in Senate 2010-09-14T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111s3780is/xml/BILLS-111s3780is.xml 2010-09-14 Read twice and referred to the Committee on Energy and Natural Resources. (text of measure as introduced: CR S7091-7093) 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.