3.0.0 949 2023-01-11T13:19:20Z 2023-01-11T13:19:20Z Senate S S 2009-04-30 111 sseg00 Energy and Natural Resources Committee Senate Standing Referred to 2009-04-30T22:41:27Z 21st Century Energy Technology Deployment Act 111 2212 HR 2009-05-05 Referred to the Subcommittee on Energy and Environment. Related bill CRS American Clean Energy Leadership Act of 2009 111 1462 S 2009-07-16 Placed on Senate Legislative Calendar under General Orders. Calendar No. 110. Related bill CRS 2009-04-30 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 S4971-4976) IntroReferral 2009-04-30 Sponsor introductory remarks on measure. (CR S4971) IntroReferral B00100 9 Library of Congress 2009-04-30 Introduced in Senate IntroReferral 10000 9 Library of Congress B000468 Sen. Bingaman, Jeff [D-NM] JESSE BINGAMAN D NM FRANCIS N M001153 Sen. Murkowski, Lisa [R-AK] Lisa Murkowski R AK 2009-04-30 True D000432 Sen. Dorgan, Byron L. [D-ND] BYRON DORGAN D ND LESLIE 2009-04-30 True V000126 Sen. Voinovich, George V. [R-OH] GEORGE VOINOVICH R OH V. 2009-04-30 True S000770 Sen. Stabenow, Debbie [D-MI] Debbie Stabenow D MI 2009-04-30 True L000504 Sen. Lugar, Richard G. [R-IN] RICHARD LUGAR R IN GREEN 2009-04-30 True S001181 Sen. Shaheen, Jeanne [D-NH] Jeanne Shaheen D NH 2009-04-30 True B001135 Sen. Burr, Richard [R-NC] Richard Burr R NC Mauze 2009-05-01 False Energy Advisory bodies Alternative and renewable resources Appropriations Department of Energy Electric power generation and transmission Energy efficiency and conservation Environmental technology Executive agency funding and structure Government lending and loan guarantees Technology transfer and commercialization Energy 00 2009-04-30 Introduced in Senate 2009-09-18T21:07:46Z 21st Century Energy Technology Deployment Act - Establishes in the Treasury the Clean Energy Investment Fund, consisting of: (1) amounts appropriated for administrative expenses to implement a loan guarantee program that provides incentives for innovative technologies; and (2) amounts deposited in or appropriated for the Fund.

Amends the Energy Policy Act of 2005 to revise provisions concerning such program, including by revising the definition of "commercial technology," requiring payments from the borrower to not be a debt obligation that is made or guaranteed by the federal government, and requiring fees collected under such program to be deposited into the Fund (currently, the Treasury).

Directs the Secretary of Energy (DOE), after consultation with the Energy Technology Advisory Council of the Clean Energy Deployment Administration (both established by this Act), to develop and publish for review and comment near-, medium-, and long-term goals for the deployment of clean energy technologies through the credit support programs established by this Act to establish or promote specified energy generation, transmission, and use and energy technology manufacturing capacities.

Allows the Administration to issue direct loans, letters of credit, loan guarantees, insurance products, or such other credit enhancements or debt instruments (including through participation as a co-lender or a member of a syndication) to deploy clean energy technologies. Requires the Administration to: (1) establish an expected loan loss reserve to account for estimated losses; and (2) develop financial products and arrangements to promote the widespread deployment of, and mobilize private sector support of credit and investment institutions for, clean energy technologies through securitization, indirect credit support, or other similar means of credit enhancement. Authorizes the Administration to lend on the security of, and make commitments to lend on the security of, any debt that it has issued or is authorized to purchase. Describes the Administration's lending and credit authorities. Authorizes the Secretary to delegate to the Administration the provision of financial services and program management for grant, loan, and other credit enhancement programs.

Requires biannual reports to Congress on the technologies supported and on Administration performance. Requires the Administration to report annually and quarterly to the Secretary on its financial conditions and operations.

]]> 21st Century Energy Technology Deployment Act Display Title 21st Century Energy Technology Deployment Act Official Title as Introduced A bill to improve the loan guarantee program of the Department of Energy under title XVII of the Energy Policy Act of 2005, to provide additional options for deploying energy technologies, and for other purposes. Introduced in Senate IS Short Titles as Introduced 21st Century Energy Technology Deployment Act Introduced in Senate 2009-04-30T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111s949is/xml/BILLS-111s949is.xml 2009-04-30 Read twice and referred to the Committee on Energy and Natural Resources. (text of measure as introduced: CR S4971-4976) 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.