I 112th CONGRESS 1st Session H. R. 1516 IN THE HOUSE OF REPRESENTATIVES April 13, 2011 Mr. Boswell (for himself and Mr. Terry) introduced the following bill; which was referred to the Committee on Energy and Commerce, and in addition to the Committee on Transportation and Infrastructure, 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 authorize loan guarantees for projects to construct renewable fuel pipelines.

1.

Short title

This Act may be cited as the Renewable Fuel Pipeline Act of 2011.

2.

Loan guarantees for projects to construct renewable fuel pipelines

(a)

Definitions

Section 1701 of the Energy Policy Act of 2005 (42 U.S.C. 16511) is amended by adding at the end the following: (6)

Renewable fuel

The term renewable fuel has the meaning given the term in section 211(o)(1) of the Clean Air Act (42 U.S.C. 7545(o)(1)), except that the term includes all types of ethanol and biodiesel. (7)

Renewable fuel pipeline

The term renewable fuel pipeline means a pipeline for transporting renewable fuel. . (b)

Amount

Section 1702(c) of the Energy Policy Act of 2005 (42 U.S.C. 16512(c)) is amended— (1)by striking (c) Amount.—Unless and inserting the following: (c)

Amount

(1)

In general

Unless ; and (2)by adding at the end the following: (2)

Renewable fuel pipelines

A guarantee for a project described in section 1703(b)(11) shall be in an amount equal to 80 percent of the project cost of the facility that is the subject of the guarantee, as estimated at the time at which the guarantee is issued. . (c)

Reasonable prospect of repayment

Section 1702(d) of the Energy Policy Act of 2005 (42 U.S.C. 16512(d)) is amended by adding at the end the following: (4)

Renewable fuel pipeline

In determining under paragraph (1) whether there is a reasonable prospect of repayment with respect to a renewable fuel pipeline project described in section 1703(b)(11), the Secretary shall not require a demonstration of existing contractual obligations for a specific minimum capacity of pipeline usage. . (d)

Renewable fuel pipeline eligibility

Section 1703(b) of the Energy Policy Act of 2005 (42 U.S.C. 16513(b)) is amended by adding at the end the following: (11)Renewable fuel pipelines. . (e)

Rapid deployment of renewable fuel pipelines

Section 1705 of the Energy Policy Act of 2005 (42 U.S.C. 16516) is amended— (1)in subsection (a)— (A)in the matter preceding paragraph (1), by inserting , or, in the case of projects described in paragraph (4), September 30, 2013 before the colon at the end; and (B)by adding at the end the following: (4)Installation of sufficient infrastructure to allow for the cost-effective deployment of clean energy technologies appropriate to each region of the United States, including the deployment of renewable fuel pipelines through loan guarantees in an amount equal to 80 percent of the cost. ; and (2)in subsection (e), by inserting , or, in the case of projects described in subsection (a)(4), September 30, 2013 before the period at the end. (f)

Regulations

Not later than 90 days after the date of enactment of this Act, the Secretary of Energy shall promulgate such regulations as are necessary to carry out the amendments made by this section.