1.Short
title; table of contents
(a)This Act may be cited
as the Practical Energy Plan Act of
2011
.
(b)The table of contents of this Act is as follows:
Sec. 1. Short title; table of
contents.
TITLE I—Reducing foreign oil dependence
Subtitle A—Expanded domestic oil production
Sec. 101. Oil production through carbon dioxide
sequestration.
Sec. 102. Restoring Gulf of Mexico oil production.
Sec. 103. Safety assessments.
Sec. 104. Restoring oil and gas lease sales.
Sec. 105. Equal treatment of permits in Alaska.
Sec. 106. Offshore resource review and seismic
surveys.
Subtitle B—Vehicle efficiency
Sec. 111. Fuel efficiency planning.
Subtitle C—Fuel choice
Sec. 121. Competitive production incentives for advanced
renewable fuels.
Sec. 122. Fuel options through the availability of dual fueled
vehicles and light duty trucks.
Subtitle D—Federal fleets
Sec. 131. Department of Defense alternative fuels
contracting.
Sec. 132. Fuels for national security agencies.
Sec. 133. Savings from transportation energy performance
contracts.
TITLE II—Energy efficiency
Subtitle A—Energy performance in buildings
Sec. 201. Saving energy in new buildings.
Sec. 202. Enabling homes and buildings energy
retrofits.
Sec. 203. Rural energy savings.
Subtitle B—Federal properties
Sec. 211. Energy efficient Federal buildings.
Sec. 212. Accelerating energy savings performance
contracts.
Sec. 213. Sense of Congress on inclusion of energy efficiency
as selection criteria for base closure and realignment decisions.
Sec. 214. Federal property realignment and savings.
Subtitle C—Industrial and power generation energy
efficiency
Sec. 221. State partnership industrial energy efficiency
revolving loan program.
Sec. 222. Study of new source review to encourage energy
efficiency.
Subtitle D—Procurement, equipment, and appliance
efficiency
Sec. 231. Appliance and equipment efficiency.
Sec. 232. Federal procurement and usage of energy efficient
products.
TITLE III—Measurement and review
Sec. 301. Measurement and review.
<enum>I</enum><header>Reducing foreign
oil dependence</header>
<subtitle id="id81D9684D31834EDD87AF0A694C096D2E"><enum>A</enum><header>Expanded domestic
oil production</header>
<section id="idA989B4730184402FB0994043B790A00C"><enum>101.</enum><header>Oil production
through carbon dioxide sequestration</header>
<subsection id="id2972ABF313BA4963A56178CF789223D2"><enum>(a)</enum><header>Pioneer
projects</header>
<paragraph id="idA5C9B98C911F43FA85A82198B47FDFD0"><enum>(1)</enum><header>Investment tax
credit</header>
<subparagraph id="idCB875FCC403A4FEA9523FC6964EE1077"><enum>(A)</enum><header>In
general</header><text>Subpart E of part IV of subchapter A of chapter 1 of the
Internal Revenue Code of 1986 is amended by inserting after section 48D the
following new section:</text>
<quoted-block display-inline="no-display-inline" id="id2B60492350D04BFBAF4765D302DBE89D" style="OLC">
<section id="id101BEE757B564281B5792EB387DD7379"><enum>48E.</enum><header>Pioneer
project investment credit</header>
<subsection id="id0A8BCBFFDF6142548DB848109CE21373"><enum>(a)</enum><header>In
general</header><text>For purposes of section 46, the pioneer project
investment credit for any taxable year is an amount equal to 70 percent of the
qualified investment for such taxable year with respect to any qualifying
pioneer project.</text>
</subsection><subsection id="idFB31CAD6EDC74F10A3AF8F4110901EEC"><enum>(b)</enum><header>Qualified
investment</header>
<paragraph commented="no" id="id95262966E834488A8F234CB784E1DAEC"><enum>(1)</enum><header>In
general</header><text>For purposes of subsection (a), the qualified investment
for any taxable year is basis of eligible property placed in service by the
taxpayer during such taxable year which is part of a qualifying pioneer
project—</text>
<subparagraph commented="no" id="ID94be2b208fa045c9a2a620e2064bb7db"><enum>(A)</enum><clause commented="no" display-inline="yes-display-inline" id="id2DFFEAC49E5E424A96BC9DBD9F45BCBC"><enum>(i)</enum><text>the construction,
reconstruction, or erection of which is completed by the taxpayer, or</text>
</clause><clause commented="no" id="idCC857D9532BA4224A93CAEA647042846" indent="up1"><enum>(ii)</enum><text>which is acquired by the taxpayer
if the original use of such property commences with the taxpayer, and</text>
</clause></subparagraph><subparagraph commented="no" id="IDb90e03cf18554b18949def85d47fd859"><enum>(B)</enum><text>with respect to
which depreciation (or amortization in lieu of depreciation) is
allowable.</text>
</subparagraph></paragraph><paragraph id="ID188cb30fde654c6ba114cd1cd575cd9b"><enum>(2)</enum><header>Special rule
for certain subsidized property</header><text>Rules similar to section 48(a)(4)
(without regard to subparagraph (D) thereof) shall apply for purposes of this
section.</text>
</paragraph><paragraph id="ID6139f87d892d404cbb94aca0dbc7bc20"><enum>(3)</enum><header>Certain
qualified progress expenditures rules made applicable</header><text>Rules
similar to the rules of subsections (c)(4) and (d) of section 46 (as in effect
on the day before the enactment of the Revenue Reconciliation Act of 1990)
shall apply for purposes of this section.</text>
</paragraph></subsection><subsection id="idAF85D031FE8E40ADB8A78F15551ECB7B"><enum>(c)</enum><header>Definitions</header><text>For
purposes of this section—</text>
<paragraph id="idD7E8F31A2C5C4524B1F2D880270CD3FC"><enum>(1)</enum><header>Qualifying
pioneer project</header><text>The term <term>qualifying pioneer project</term>
means a project—</text>
<subparagraph id="id070886DAF42A42DF98DCA93727F0C0BB"><enum>(A)</enum><text>which captures
carbon dioxide which is—</text>
<clause id="id5B7CF16FFA144AC99296E047BFB5664A"><enum>(i)</enum><text>emitted in
connection with—</text>
<subclause id="id59E5014CB48644DBAD9C22AA77D9589F"><enum>(I)</enum><text>power generation,
or</text>
</subclause><subclause id="id84DD1FF1BA0847D7B6855D8B96E7D446"><enum>(II)</enum><text>industrial
production,</text>
</subclause></clause><clause id="id1551C8F2703F4DB4B3540C555C29E26C"><enum>(ii)</enum><text>subject to an
eligible enhanced oil recovery contract, and</text>
</clause><clause id="idA5585FEC8AB848A1BA9333F8475DEE3D"><enum>(iii)</enum><text>delivered for
use in a qualified enhanced oil recovery project (as defined in section
43(c)(2)) by means of a qualified carbon dioxide trunkline,</text>
</clause></subparagraph><subparagraph id="id1CE8157919FE4080ABDD20D5602C7A29"><enum>(B)</enum><text>with respect to
which carbon dioxide has not been delivered for reuse, geological
sequestration, or enhanced oil recovery at any time before carbon dioxide is
delivered for use in a qualified enhanced oil recovery project pursuant to the
eligible enhanced oil recovery contract, and</text>
</subparagraph><subparagraph id="idEA982131FF1447F7AD8A98E37144D05F"><enum>(C)</enum><text>which is
certified by the Secretary under subsection (d).</text>
</subparagraph></paragraph><paragraph id="id45712EC264A446D8991F6561E22A33EB"><enum>(2)</enum><header>Eligible
enhanced oil recovery contract</header><text>The term <term>eligible enhanced
oil recovery contract</term> means a contract—</text>
<subparagraph id="id2850734DDD754B29AE12C7605A1E8C08"><enum>(A)</enum><text>which requires
the delivery of carbon dioxide which is—</text>
<clause id="id99CD7DB880C64D80A834D7971093FB5B"><enum>(i)</enum><text>to be used in
connection with a qualified enhanced oil recovery project (as so defined),
and</text>
</clause><clause id="idCE8E54389836458DAF44B991D745DFF7"><enum>(ii)</enum><text>to be disposed
of in secure geological storage (within the meaning of section 45Q),</text>
</clause></subparagraph><subparagraph id="id491094AD5D574E7BA5FD725437095BC6"><enum>(B)</enum><text>which specifies
such delivery over a period of not less than 10 years, and</text>
</subparagraph><subparagraph id="id537EBADFC7B443139757CB98390263E2"><enum>(C)</enum><text>under which the
first such delivery occurs after the date of the enactment of this
section.</text>
</subparagraph></paragraph><paragraph id="idD97450EEDA5C4DF9893CACD71FAD8FC5"><enum>(3)</enum><header>Qualified
carbon dioxide trunkline</header><text>The term <term>qualified carbon dioxide
trunkline</term> means a pipeline—</text>
<subparagraph id="id7ECD93D08AD747278D56BFCB412A5B83"><enum>(A)</enum><text>which is for the
transportation of carbon dioxide for use in qualified enhanced oil recovery
projects (as so defined),</text>
</subparagraph><subparagraph id="idEE78E613DF85492E8745ADBDDC873BF3"><enum>(B)</enum><text>which has a free
flow capacity of not less than 7,500,000 metric tons per year,</text>
</subparagraph><subparagraph id="idC56ECACF2B044D5F9CE515A5A94170D7"><enum>(C)</enum><text>which extends not
less than 300 miles, and</text>
</subparagraph><subparagraph id="idADEB4631CDBA40BA814FD311E0869FA0"><enum>(D)</enum><text>the construction
of which is started after the date of the enactment of this section.</text>
</subparagraph></paragraph><paragraph id="id2A93680C14394305A473FFB49CE92363"><enum>(4)</enum><header>Eligible
property</header><text>The term <term>eligible property</term> means any
property which is a part of a qualifying pioneer project and—</text>
<subparagraph id="id66E6DA4F19DD49E9BC1670994199DBEB"><enum>(A)</enum><text>in the case of
any qualifying pioneer project with respect to which the isolation and capture
of carbon dioxide is integral to the primary function of the project (as
determined by the Secretary in consultation with the Secretary of Energy),
which—</text>
<clause id="id4B4F80478FBE4689858ABEC378E5540E"><enum>(i)</enum><text>is necessary for
the additional compression of carbon dioxide, and</text>
</clause><clause id="id7B8AD534698B4F319957E8C2C0669534"><enum>(ii)</enum><text>would not be
used in connection with such project if such project were not designed to
compress carbon dioxide, and</text>
</clause></subparagraph><subparagraph id="id7F778C29445C4D4FB27569F4F528FA41"><enum>(B)</enum><text>in any other
case, which—</text>
<clause id="id64CDE6C140F74567A8F0E0C3640F9F02"><enum>(i)</enum><text>is necessary for
the isolation and capture of carbon dioxide, and</text>
</clause><clause id="id0C1AF5D12C884B10AD7F2C8D1DDD069F"><enum>(ii)</enum><text>would not be
used in connection with such project if such project were not designed to
capture carbon dioxide.</text>
</clause></subparagraph></paragraph></subsection><subsection id="idFE58B0B83DD24B01BE34112CFBD90FBE"><enum>(d)</enum><header>Certification</header>
<paragraph id="id9DC483D4DF0145BC84116FD29F1EF6AA"><enum>(1)</enum><header>In
general</header><text>Subject to the limitations under paragraph (2), the
Secretary, in consultation with the Secretary of Energy, shall certify a
project as a qualifying pioneer project if the Secretary determines that such
project meets the requirements of subsection (c)(1)(A). Projects shall be
certified in the order in which requests for certification are received by the
Secretary.</text>
</paragraph><paragraph id="id3C807B5F97734B739CD684C26EB5244F"><enum>(2)</enum><header>Limitations</header>
<subparagraph id="idD5AEB80DBC284F59A9EABB2408CF1E4B"><enum>(A)</enum><header>In
general</header><text>The aggregate amount of carbon dioxide required to be
delivered under eligible enhanced oil recovery contracts for all qualifying
pioneer projects certified by the Secretary shall not exceed 25,000,000 metric
tons in any year.</text>
</subparagraph><subparagraph id="idBBD75337AAD048D8B35B390CA7E5B288"><enum>(B)</enum><header>Industrial
production sources</header><text>The aggregate amount of carbon dioxide
required to be delivered under eligible enhanced oil recovery contracts for all
qualifying pioneer projects certified by the Secretary with respect to sources
described in subsection (c)(1)(A)(i)(II) shall not exceed 12,500,000 metric
tons in any year.</text>
</subparagraph><subparagraph id="idAA2D77ABA45B45B8AB816F5589606A4E"><enum>(C)</enum><header>Trunkline
capacity</header><text>The Secretary shall not certify as a qualifying pioneer
project any project if the sum of—</text>
<clause id="id26FEAE769AA9455395C2D9B80F3EDBEB"><enum>(i)</enum><text>the amount of
carbon dioxide required to be delivered under the eligible enhanced oil
recovery contract with respect to such project in any year, plus</text>
</clause><clause id="id22C3A6E2005A46C481198F1FA14A3D82"><enum>(ii)</enum><text>the amount
carbon dioxide required to be delivered in such year under all other qualifying
pioneer projects previously certified by the Secretary and using the same
qualified carbon dioxide trunkline as such project,</text>
</clause><continuation-text continuation-text-level="subparagraph">exceeds
60 percent of the greater of the free flow or operational capacity of such
qualified carbon dioxide trunkline.</continuation-text></subparagraph></paragraph><paragraph id="id819FA0A046C24C3D8D5AC78F0084B8F9"><enum>(3)</enum><header>Coordination
with deployment project credit</header><text>The Secretary shall not certify
any project under this subsection if such project has been certified under
section 45T.</text>
</paragraph></subsection><subsection id="id7A43E77C6C9B48A6AA63D9FD939320B4"><enum>(e)</enum><header>Other
rules</header>
<paragraph id="id6679C1863465447EBC5C60AAA50DC238"><enum>(1)</enum><header>Transfer of
credit</header>
<subparagraph id="ID97b0532847274db59d578e44ed33d2a5"><enum>(A)</enum><header>In
general</header><text>A taxpayer who makes a qualified investment may transfer
the credit allowed under this section with respect a qualifying pioneer project
through an assignment to any party to the eligible enhanced oil recovery
contract in connection with such qualifying pioneer project. Such transfer may
be revoked only with the consent of the Secretary.</text>
</subparagraph><subparagraph id="ID0d65ec1afed74dcbaf9b113561283a1a"><enum>(B)</enum><header>Regulations</header><text>The
Secretary shall prescribe such regulations as necessary to ensure that any
credit transferred under subparagraph (A) is claimed once and not reassigned by
such other person.</text>
</subparagraph></paragraph><paragraph id="id4674D1651448406FB9664EC27626E164"><enum>(2)</enum><header>Recapture</header><text>The
Secretary shall provide for recapturing the benefit of any credit allowable
under subsection (a) with respect to any project which ceases to be a
qualifying pioneer
project.</text>
</paragraph></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</subparagraph><subparagraph id="id3641ABDD1C414263B11D186C100F0496"><enum>(B)</enum><header>Inclusion as
part of investment credit</header><text>Section 46 of such Code is
amended—</text>
<clause id="idD9758C007D244C98B45410DEA27CE7AC"><enum>(i)</enum><text>by
striking <quote>and</quote> at the end of paragraph (5),</text>
</clause><clause id="idF13A871CA7C14A208DF699E7E39AE7B4"><enum>(ii)</enum><text>by
striking the period at the end of paragraph (6) and inserting <quote>,
and</quote>, and</text>
</clause><clause id="id18172B9DBBCA49BEBB9B4B5AAE7AC276"><enum>(iii)</enum><text>by adding at
the end the following new paragraph:</text>
<quoted-block act-name="" id="idA80228C1A74D4120926329C6E1F9FE99" style="OLC">
<paragraph id="id89C6DD01663E48E8AFAC23BE93CEAAEF"><enum>(7)</enum><text>the pioneer
project investment
credit.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</clause></subparagraph><subparagraph id="id1AF7DE738F444E528E19FF4FE53B6AA0"><enum>(C)</enum><header>Conforming
amendments</header><text>Section 49(a)(1)(C) of such Code is amended—</text>
<clause id="id7E0E526F725647EEB2825BAD6FBA193E"><enum>(i)</enum><text>by
striking <quote>and</quote> at the end of clause (v),</text>
</clause><clause id="id13BFADDE15BE407EAE9FD0EEA0197608"><enum>(ii)</enum><text>by
striking the period at the end of clause (vi) and inserting <quote>,
and</quote>, and</text>
</clause><clause id="idD38C35D2A578471A97C1152154992AB5"><enum>(iii)</enum><text>by adding at
the end the following new clause:</text>
<quoted-block act-name="" id="id52F3ADAB159F4E20A6324BB1549F83EF" style="OLC">
<clause id="id443E06981EB343D0969B404B83F2E27C"><enum>(vii)</enum><text>the basis of
any property which is part of a qualifying pioneer project under such section
48E.</text>
</clause><after-quoted-block>.</after-quoted-block></quoted-block>
</clause></subparagraph><subparagraph id="id94586F1C3913464B9D9666BEF26D0A41"><enum>(D)</enum><header>Clerical
amendment</header><text>The table of sections for subpart E of part IV of
subchapter A of chapter 1 of such Code is amended by inserting after the item
relating to section 48D the following new item:</text>
<quoted-block display-inline="no-display-inline" id="id141D4D709C5B46EEB85C721F8B778296" style="OLC">
<toc>
<toc-entry bold="off" level="section">Sec. 48E. Pioneer project
investment
credit.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id81E0A8D2DFA3451DB677D1CF39F9EC4B"><enum>(E)</enum><header>Effective
date</header><text>The amendments made by this paragraph shall apply to periods
beginning after the date of the enactment of this Act, under rules similar to
the rules of section 48(m) of the Internal Revenue Code of 1986 (as in effect
on the day before the date of the enactment of the Revenue Reconciliation Act
of 1990).</text>
</subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="idC1287FC08CAE48A69017B796E7EACF32"><enum>(2)</enum><header>Production tax
credit</header>
<subparagraph commented="no" display-inline="no-display-inline" id="idA16ADC2E15F24D0892AE828BE8E362E3"><enum>(A)</enum><header>In
general</header><text>Subpart D of part IV of subchapter A of chapter 1 of the
Internal Revenue Code of 1986 is amended by adding at the end the following new
section:</text>
<quoted-block display-inline="no-display-inline" id="idADDDFC40D81E427E9AAEE6290CBF41B2" style="OLC">
<section id="id72BD842215934BA2BF34C03129211B1D"><enum>45S.</enum><header>Pioneer
project carbon dioxide production credit</header>
<subsection id="idE019FEB0930045AF9C3E96E8A2586C2C"><enum>(a)</enum><header>General
rule</header><text display-inline="yes-display-inline">For purposes of section
38, the pioneer project production credit for any taxable year is an amount
equal to the sum of the quarterly carbon dioxide production credits of the
taxpayer for such taxable year.</text>
</subsection><subsection id="id0FD75734352E4A45A64AB22978AB551A"><enum>(b)</enum><header>Quarterly
carbon dioxide production credit</header><text display-inline="yes-display-inline">For purposes of this section—</text>
<paragraph id="id8F530DA2158D42C0B9E6B05745ECD2F7"><enum>(1)</enum><header>In
general</header><text display-inline="yes-display-inline">The quarterly carbon
dioxide production credit of a taxpayer for the portion of any calendar quarter
within the taxable year of the taxpayer is equal to the product of—</text>
<subparagraph id="id26DF153CBB9148EDA0968A44A0A017F6"><enum>(A)</enum><text display-inline="yes-display-inline">the credit amount with respect to such
calendar quarter, and</text>
</subparagraph><subparagraph id="id4E4F7090649447F483B136247A5B2671"><enum>(B)</enum><text display-inline="yes-display-inline">the number of metric tons of carbon dioxide
which is—</text>
<clause id="id428CADEF51BC41F88CFF83CA3532081D"><enum>(i)</enum><text display-inline="yes-display-inline">captured by the taxpayer at qualifying
pioneer projects during the portion of the calendar quarter which is within
such taxpayer's taxable year, and</text>
</clause><clause id="id8C5234217A454B7891F9B2E7D38BF14C"><enum>(ii)</enum><text>subject to an
eligible enhanced oil recovery contract.</text>
</clause></subparagraph></paragraph><paragraph id="id38EBD3F889E54B79967E8BAB7DCBEC56"><enum>(2)</enum><header>Credit
amount</header>
<subparagraph id="idDDA76BF52B0241DBAE4366DF933BB50A"><enum>(A)</enum><header>In
general</header><text>The credit amount with respect to any calendar quarter is
$30 reduced (but not below zero) by the amount (if any) determined under
subparagraph (B).</text>
</subparagraph><subparagraph id="idAA5962A028614451AF03D283C73DD458"><enum>(B)</enum><header>Amount of
reduction</header><text>The amount determined under this paragraph is the
amount equal to 50 percent of the excess of—</text>
<clause id="id9A84D1E36EC341E499B052D44FDEFFB9"><enum>(i)</enum><text>the average price
per barrel of West Texas Intermediate crude oil for the preceding calendar
quarter, over</text>
</clause><clause id="idAAB2C82E77354BA68807D7694F58835C"><enum>(ii)</enum><text>$80.</text>
</clause></subparagraph></paragraph><paragraph id="id214127DFAB0A482E941536E6BDF28766"><enum>(3)</enum><header>Limitation</header><text>No
amount of carbon dioxide shall taken into account under paragraph (1)(B) with
respect to a qualifying pioneer project after the date which is 10 years after
the date on which such qualifying pioneer project begins delivery of carbon
dioxide for enhanced oil recovery but not less than 1 year after the project is
placed in service.</text>
</paragraph></subsection><subsection id="id4538F7B420284689BBB966B7448A5CA1"><enum>(c)</enum><header>Definitions and
other rules</header><text>For purposes of this section—</text>
<paragraph id="idF565452499C042C9A2807CA7D0BC0EDC"><enum>(1)</enum><header>Qualifying
pioneer project; eligible enhanced oil recovery contract</header><text>The
terms <term>qualifying pioneer project</term> and <term>eligible enhanced oil
recovery contract</term> have the meanings given such terms in section
48E.</text>
</paragraph><paragraph id="idD851653EE354408C83F37CEBD291944E"><enum>(2)</enum><header>Transfer of
credit</header>
<subparagraph id="idB509C6710939479799629BA9C1AAAE3B"><enum>(A)</enum><header>In
general</header><text>A taxpayer may transfer the credit allowed under this
section with respect a qualifying pioneer project through an assignment to any
party to the eligible enhanced oil recovery contract with respect to such
qualifying pioneer project. Such transfer may be revoked only with the consent
of the Secretary.</text>
</subparagraph><subparagraph id="id3AA392B4A61F47EAB012C52473DC386E"><enum>(B)</enum><header>Regulations</header><text>The
Secretary shall prescribe such regulations as necessary to ensure that any
credit transferred under subparagraph (A) is claimed once and not reassigned by
such other person.</text>
</subparagraph></paragraph><paragraph id="id173AEB4AD9D14E1E892C9788D44C2BA5"><enum>(3)</enum><header>Recapture</header><text>The
Secretary shall provide for recapturing the benefit of any credit allowable
under subsection (a) with respect to any project which ceases to be a
qualifying pioneer project.</text>
</paragraph><paragraph id="ID3d09301baf8744e39a341a434374c033"><enum>(4)</enum><header>Election not to
claim credit</header><text>This section shall not apply to a taxpayer for any
taxable year if such taxpayer elects to have this section not apply for such
taxable
year.</text>
</paragraph></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</subparagraph><subparagraph id="ID767b0446099f4b02900d5d12d0f642e2"><enum>(B)</enum><header>Credit to be
part of general business credit</header><text>Subsection (b) of section 38 of
such Code is amended by striking <quote>plus</quote> at the end of paragraph
(35), by striking the period at the end of paragraph (36) and inserting
<quote>, plus</quote>, and by adding at the end the following new
paragraph:</text>
<quoted-block display-inline="no-display-inline" id="idF4ECF8BBADC94C97BD0820B962A012D6" style="OLC">
<paragraph id="ID99b4dfa5defd4f0e826248695c0ae183"><enum>(37)</enum><text>the pioneer
project production credit determined under section
45S(a).</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subparagraph><subparagraph id="idA1E724B6E1B743D6B29C21202749726D"><enum>(C)</enum><header>Coordination
with section 45Q</header><text>Subsection (d) of section 45Q of such Code is
amended by adding at the end the following new paragraph:</text>
<quoted-block display-inline="no-display-inline" id="id1ADF795BDF8A43609E6E5F2F627AADF1" style="OLC">
<paragraph id="idB10BAA07BB8748D6892E2295E3B84FFB"><enum>(8)</enum><header>No double
benefit</header><text>No credit shall be allowed under this section for the
capture of any carbon dioxide with respect to which a credit is allowed under
section
45S.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subparagraph><subparagraph id="ID552f585bf5b64123936940473515849c"><enum>(D)</enum><header>Conforming
amendments</header>
<clause id="IDcc829dcb693d43218cca0b27426cac46"><enum>(i)</enum><text>The
table of sections for subpart D of part IV of subchapter A of chapter 1 of such
Code is amended by inserting after the item relating to section 45R the
following new item:</text>
<quoted-block display-inline="no-display-inline" id="idDAD61C253CFB49688C0945ED244E76C5" style="OLC">
<toc>
<toc-entry bold="off" level="section">Sec. 45S. Pioneer project
carbon dioxide production
credit.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</clause><clause id="ID228e757960be442786b42d4af8b5fbb9"><enum>(ii)</enum><text>Section 6501(m)
of such Code is amended by inserting <quote>45S(c)(4),</quote> after
<quote>45H(g),</quote>.</text>
</clause></subparagraph><subparagraph id="ID9d83132882714eeda424661769124e4e"><enum>(E)</enum><header>Effective
date</header><text>The amendments made by this paragraph shall apply to taxable
years beginning after the date of the enactment of this Act.</text>
</subparagraph></paragraph></subsection><subsection id="idEC03D26E3BC84D03AB67E7432256D3CA"><enum>(b)</enum><header>Deployment
projects</header>
<paragraph id="id13CAB0D69E2042B9BEFBD33E0E94BD6C"><enum>(1)</enum><header>Production tax
credit</header>
<subparagraph id="idB3748CC07FD847FF9D13B5797AC1F227"><enum>(A)</enum><header>In
general</header><text>Subpart D of part IV of subchapter A of chapter 1 of the
Internal Revenue Code of 1986, as amended by subsection (a)(2), is amended by
adding at the end the following new section:</text>
<quoted-block display-inline="no-display-inline" id="idB0663AD6A2854C4884B79D5F88C36ABC" style="OLC">
<section id="id39E00CDC32C842D5BC10E60867ACFD45"><enum>45T.</enum><header>Deployment
project carbon dioxide production credit</header>
<subsection id="id45C2853B270A4949A4E8F80E7ADBA017"><enum>(a)</enum><header>General
rule</header><text display-inline="yes-display-inline">For purposes of section
38, the deployment project production credit for any taxable year is an amount
equal to the product of—</text>
<paragraph id="id323081A12276427C96B9C24E7060DA08"><enum>(1)</enum><text display-inline="yes-display-inline">the applicable dollar amount, and</text>
</paragraph><paragraph id="id690A4ED9421B43A6BCE0A638D45A3E14"><enum>(2)</enum><text display-inline="yes-display-inline">the number of metric tons of carbon dioxide
which is—</text>
<subparagraph id="id8AE16F6FC9CF4A9EB1A950472E1BA514"><enum>(A)</enum><text display-inline="yes-display-inline">captured by the taxpayer at qualifying
deployment projects during the 10-year period beginning on the date the project
begins delivery of carbon dioxide but not later then 1 year following the date
the project is certified under subsection (d), and</text>
</subparagraph><subparagraph id="id6A62C8B9273541288101809F5A55BC5E"><enum>(B)</enum><text>delivered by the
taxpayer under an eligible enhanced oil recovery contract during the taxable
year.</text>
</subparagraph></paragraph></subsection><subsection id="id1EC3E863C40D4BC7B099A3EA3082D18A"><enum>(b)</enum><header>Applicable
dollar amount</header><text>For purposes of this section—</text>
<paragraph id="idF356D9DD95774DFE83A8428AE3BB0D5E"><enum>(1)</enum><header>In
general</header><text>The applicable dollar amount is the lesser of—</text>
<subparagraph id="idC56B78027E334087B4FF0086E13B0F68"><enum>(A)</enum><text>the source cap
dollar amount, or</text>
</subparagraph><subparagraph id="id9A269022D4C5473C8CE3D4E7184BB6B7"><enum>(B)</enum><text>the amount bid by
the taxpayer in the application submitted under subsection (d)(2).</text>
</subparagraph></paragraph><paragraph id="idBADB439035644E6EBEBF4471546B7352"><enum>(2)</enum><header>Source cap
dollar amount</header><text>For purposes of paragraph (1), the source cap
dollar amount is—</text>
<subparagraph id="id3FE50C8023A945A5B6113B6053D76940"><enum>(A)</enum><text>$70, in the case
of a qualifying deployment project which captures carbon dioxide emitted in
connection with power generation,</text>
</subparagraph><subparagraph id="idBADE70485A3443A59628E55047F27751"><enum>(B)</enum><text>$25, in the case
of a qualifying deployment project—</text>
<clause id="idAF1109D817DF4A9FA1EE1FEB91516C5E"><enum>(i)</enum><text>which captures
carbon dioxide emitted in connection with industrial production, and</text>
</clause><clause id="idC0A74A8731A548DE9332F7E3C0C2CC11"><enum>(ii)</enum><text>with respect to
which the isolation and capture of the carbon dioxide is integral to the
primary function of the project, and</text>
</clause></subparagraph><subparagraph id="id0F4406F9885249F69700574F89F4708B"><enum>(C)</enum><text>$35, in the case
of any other qualifying deployment project which captures carbon dioxide
emitted in connection with industrial production.</text>
</subparagraph></paragraph></subsection><subsection id="idCF6C455CE3FC4CCF97C7761FC4AB17C3"><enum>(c)</enum><header>Definitions</header><text>For
purposes of this section—</text>
<paragraph id="id1D9B1C4293214608AAA9CB4ADEE2E11E"><enum>(1)</enum><header>Qualifying
deployment project</header><text>The term <term>qualifying deployment
project</term> means a project—</text>
<subparagraph id="id0277C90813A14C33A7CEE412C01A91D9"><enum>(A)</enum><text>which captures
carbon dioxide which is—</text>
<clause id="idCC3D1A8F4E97463D95CF41A02B574E4A"><enum>(i)</enum><text>emitted in
connection with—</text>
<subclause id="id45B982A3AF794EE4BE23FF28F976A9B2"><enum>(I)</enum><text>power generation,
or</text>
</subclause><subclause id="idF72D2AB1898142A1BFB5D550D023F0C9"><enum>(II)</enum><text>industrial
production, and</text>
</subclause></clause><clause id="id264FC39BE0084D3195E21039FC887B59"><enum>(ii)</enum><text>subject to an
eligible enhanced oil recovery contract,</text>
</clause></subparagraph><subparagraph id="idEAFC0C48AE5B406EB40D67D79B376F2C"><enum>(B)</enum><text>with respect to
which carbon dioxide has not been delivered for reuse, geological
sequestration, or enhanced oil recovery at any time before carbon dioxide is
delivered for use in a qualified enhanced oil recovery project pursuant to the
eligible enhanced oil recovery contract, and</text>
</subparagraph><subparagraph id="idDCA8E559502F44E2AC5E03F4A9446453"><enum>(C)</enum><text>which is
certified by the Secretary under subsection (d).</text>
</subparagraph></paragraph><paragraph id="id4C33724B3C0448F88CF8DD69E1534524"><enum>(2)</enum><header>Eligible
enhanced oil recovery contract</header><text>The term <term>eligible enhanced
oil recovery contract</term> has the meaning given such term under section
48E.</text>
</paragraph></subsection><subsection id="idA17981310F4B4ECABEEB03413AA75EA5"><enum>(d)</enum><header>Qualifying
deployment project program</header>
<paragraph id="id23A1335AA3E3476FAC272FF070AE8754"><enum>(1)</enum><header>In
general</header><text>Not later than 180 days after the date of the enactment
of this section, the Secretary, in consultation with the Secretary of Energy,
shall establish a qualifying deployment project program for the certification
of qualifying deployment projects.</text>
</paragraph><paragraph id="ID28399010763d4b309a1eeca0e6f18e2a"><enum>(2)</enum><header>Certification</header>
<subparagraph id="idD75CBD7315E74285AE319CD57BBA2BF4"><enum>(A)</enum><header>In
general</header><text>Each year, the Secretary shall select projects for
certification from among the applications submitted for such year. No projects
may be certified in any calendar year after the 15th calendar year in which
certifications have been made under the program.</text>
</subparagraph><subparagraph id="id90C412EF9FE34B81A2B7892BFE72F48E"><enum>(B)</enum><header>Annual
limitation on certifications</header>
<clause id="idBEC1E52042F24CE49816DE37F6D05465"><enum>(i)</enum><header>In
general</header><text>The aggregate amount of carbon dioxide required to be
delivered under eligible enhanced oil recovery contracts for all qualifying
deployment projects certified by the Secretary for any calendar year shall not
exceed 15,000,000 metric tons per year.</text>
</clause><clause id="idC475EE4B113B4CB8B00FB7CB4C32367B"><enum>(ii)</enum><header>Carryover of
unused limitation</header><text>If the limitation under clause (i) exceeds the
aggregate amount of carbon dioxide required to be delivered under eligible
enhanced oil recovery contracts for all qualifying deployment projects
certified by the Secretary in any year, the limitation under clause (i) for the
succeeding year shall be increased by the amount of such excess.</text>
</clause></subparagraph><subparagraph id="IDbaba57813fb741a5b9af47951ce436dd"><enum>(C)</enum><header>Requirements
for applications for certification</header><text>An application submitted under
subparagraph (A) shall contain—</text>
<clause id="id195F96DFB37E40EB9AC81BBB75061DD2"><enum>(i)</enum><text>the applicable
dollar amount which the taxpayer bids for the project, and</text>
</clause><clause id="id30B73518A4874C16A0B0B97697663BFA"><enum>(ii)</enum><text>such other
information as the Secretary may require in order to make a determination to
accept or reject an application for certification.</text>
</clause><continuation-text continuation-text-level="subparagraph">Any
information contained in the application shall be protected as provided in
section 552(b)(4) of title 5, United States Code.</continuation-text></subparagraph><subparagraph id="idF83C7C2BA1A64BDE9DEA489A7FF8B119"><enum>(D)</enum><header>Certification
criteria</header><text>The Secretary shall certify those projects that are
determined by bid to provide the largest delivery of carbon dioxide for each
dollar of credit expected to be allowed under subsection (a) in connection with
such project.</text>
</subparagraph><subparagraph id="idFAB800B10D404BC0B541FDA6C7AFE680"><enum>(E)</enum><header>Coordination
with pioneer project credit</header><text>The Secretary shall not certify any
project under this subsection if such project has been certified under section
48E.</text>
</subparagraph></paragraph><paragraph id="idBD2D93031BA24922ADCD42A62E5B8120"><enum>(3)</enum><header>Suspension</header><text>The
Secretary shall not certify any project under this subsection during the 1-year
period after which an affirmative determination is made under section
105(b)(2)(B)(ii) of the <short-title>Practical Energy Plan
Act of 2011</short-title>.</text>
</paragraph></subsection><subsection id="idF5021E4784644E36B9282A19414B9EA7"><enum>(e)</enum><header>Other
rules</header>
<paragraph id="idDB702A2B2B394A3A945AA81E003486A2"><enum>(1)</enum><header>Transfer of
credit</header>
<subparagraph id="id04D17553E5844AE1A28E8258C61155F3"><enum>(A)</enum><header>In
general</header><text>A taxpayer who makes a qualified investment may transfer
the credit allowed under this section with respect a qualifying deployment
project through an assignment to any party to the eligible enhanced oil
recovery contract with respect to such qualifying deployment project. Such
transfer may be revoked only with the consent of the Secretary.</text>
</subparagraph><subparagraph id="idDA5D8064355147859AD87B60859F6E1C"><enum>(B)</enum><header>Regulations</header><text>The
Secretary shall prescribe such regulations as necessary to ensure that any
credit transferred under subparagraph (A) is claimed once and not reassigned by
such other person.</text>
</subparagraph></paragraph><paragraph id="idBD41C7443F7748329A327AB8B9DEB5E5"><enum>(2)</enum><header>Recapture</header><text>The
Secretary shall provide for recapturing the benefit of any credit allowable
under subsection (a) with respect to any project which ceases to be a
qualifying deployment project.</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="id2828B407CE0D441A81D04297E2172AD9"><enum>(3)</enum><header display-inline="yes-display-inline">Election not to claim credit</header><text display-inline="yes-display-inline">This section shall not apply to a taxpayer
for any taxable year if such taxpayer elects to have this section not apply for
such taxable
year.</text>
</paragraph></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</subparagraph><subparagraph id="id080C4F009A1F4F37829B72D6B1F7E8C0"><enum>(B)</enum><header>Credit to be
part of general business credit</header><text>Subsection (b) of section 38 of
such Code, as amended by subsection (a)(2), is amended by striking
<quote>plus</quote> at the end of paragraph (36), by striking the period at the
end of paragraph (37) and inserting <quote>, plus</quote>, and by adding at the
end the following new paragraph:</text>
<quoted-block display-inline="no-display-inline" id="idA069E0558A8547029D26125C378C316C" style="OLC">
<paragraph id="id92A746E3313A4FC78E10A8B64CD63FC2"><enum>(38)</enum><text>the deployment
project production credit determined under section
45T(a).</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subparagraph><subparagraph id="idE0BFE1B7BA50409C9A87D45017A4828B"><enum>(C)</enum><header>Coordination
with section 45Q</header><text>Paragraph (8) of section 45Q(d) of such Code, as
added by subsection (a)(2), is amended by inserting <quote>or 45T</quote> after
<quote>45S</quote>.</text>
</subparagraph><subparagraph id="id612CFE7612BB4033B29E7BE95BC00555"><enum>(D)</enum><header>Conforming
amendments</header>
<clause id="idB27F1F16A2FE4EA6847163BF1BBA6B49"><enum>(i)</enum><text>The
table of sections for subpart D of part IV of subchapter A of chapter 1 of such
Code, as amended by subsection (a)(2) is amended by inserting after the item
relating to section 45S the following new item:</text>
<quoted-block display-inline="no-display-inline" id="idE1C125BF6CAF4AEEB58FB82ED74B01D7" style="OLC">
<toc>
<toc-entry bold="off" level="section">Sec. 45T. Deployment project
carbon dioxide production
credit.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</clause><clause id="idED89A8364D354C1DA7D5FEEC366E81B3"><enum>(ii)</enum><text>Section 6501(m)
of such Code is amended by inserting <quote>45T(e)(3),</quote> after
<quote>45S(c)(4),</quote>.</text>
</clause></subparagraph><subparagraph id="idC1BC2EA55AA0431E8DE4B5647101A2CB"><enum>(E)</enum><header>Effective
date</header><text>The amendments made by this paragraph shall apply to taxable
years beginning after the date of the enactment of this Act.</text>
</subparagraph><subparagraph id="id0F5F5D2553EA4D02BAB2EEEBC1442AF1"><enum>(F)</enum><header>Secretarial
review of source cap dollar amounts</header>
<clause id="id8CA5B4392A5F41289143814415A48D2B"><enum>(i)</enum><header>In
general</header><text>Each year, the Secretary shall review the source cap
dollar amounts under section 45T(b)(2) to determine whether such amounts are
appropriate given the technological advancement.</text>
</clause><clause id="idE158D2C42E7543DE9EE960A1D137C33F"><enum>(ii)</enum><header>Report</header><text>If
the Secretary determines that such source cap dollar amount should be adjusted,
the Secretary shall submit to Congress a report detailing recommended
modifications to such dollar amounts.</text>
</clause></subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="idF3B4686AA23E4D62828F7BED73B77895"><enum>(2)</enum><header>Revenue
generating fail-safe</header>
<subparagraph commented="no" display-inline="no-display-inline" id="idF0815DC12EBB4B868261FF06E3AB22BE"><enum>(A)</enum><header>Projections</header><text>Beginning
on the date that is 4 years after the date of the enactment of this Act, and on
an annual basis thereafter, the Secretary of the Treasury (or the Secretary's
delegate), in consultation with the Securities and Exchange Commission and the
Secretary of Energy, shall—</text>
<clause commented="no" display-inline="no-display-inline" id="id974D7A1A1FBC4D5794780989B073CBAD"><enum>(i)</enum><text>project the
present value of—</text>
<subclause commented="no" display-inline="no-display-inline" id="idE1CFE6AA09F7469EB6B41D91E5417253"><enum>(I)</enum><text>the expected
increase in Federal revenues (from income taxes, royalties, and other sources)
attributable to increases in oil production from enhanced oil recovery methods
using carbon dioxide from qualifying pioneer projects (as defined in section
48E of the Internal Revenue Code) and qualifying deployment projects (as
defined in section 45T of such Code), and</text>
</subclause><subclause commented="no" display-inline="no-display-inline" id="idA41A62F3731E4BD99991117C583E8795"><enum>(II)</enum><text>the revenue
costs associated with the credits allowed under sections 45S, 45T, and 48E of
such Code, and</text>
</subclause></clause><clause commented="no" display-inline="no-display-inline" id="id6E3AEB843A97420BB6A76D02A2EC937A"><enum>(ii)</enum><text>project—</text>
<subclause commented="no" display-inline="no-display-inline" id="id9DB9FDB1DBE24D5EB70C36549D01E370"><enum>(I)</enum><text>the average well
head price for oil produced in the contiguous 48 States for the 11-year period
beginning with the year in which such projection is made, and</text>
</subclause><subclause commented="no" display-inline="no-display-inline" id="id6B6F6D4790BA48508F4F702BCCFCE891"><enum>(II)</enum><text>the cost of oil
recovery methods used in qualified enhanced oil recovery projects (as defined
in section 43(c)(2) of the Internal Revenue Code of 1986), as compared to
conventional oil recovery methods.</text>
</subclause></clause></subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id5CCA4BB24CDC4F33892CA00E6F16C2C2"><enum>(B)</enum><header>Determination
of unsustainable revenue</header>
<clause commented="no" display-inline="no-display-inline" id="id544768B533494F3C90295CC8F42A668C"><enum>(i)</enum><header>In
general</header><text>Using the projections under subparagraph (A), the
Secretary (or the Secretary's delegate) shall determine whether Federal
revenues generated by qualified enhanced oil recovery projects (as so defined)
eligible for benefits under the amendments made by this section are
insufficient to sustain the cost of such benefits.</text>
</clause><clause commented="no" display-inline="no-display-inline" id="id32A910C964764974B12B7F991A857205"><enum>(ii)</enum><header>Affirmative
determination</header><text>The Secretary shall make an affirmative
determination under this subparagraph if the Secretary finds that—</text>
<subclause commented="no" display-inline="no-display-inline" id="id95DFBD834EE14EEA9236CFD5181A4AC3"><enum>(I)</enum><text>the projected
revenue costs determined under subparagraph (A)(i)(II) exceed the projected
revenue increases determined under subparagraph (A)(i)(I), or</text>
</subclause><subclause commented="no" display-inline="no-display-inline" id="id133C0395E97B4FD99345C9ED785D3BAA"><enum>(II)</enum><text>the methods used
to recover oil through qualified enhanced oil recovery projects (as so defined)
will not be cost-effective due to the projected well head price for oil under
subparagraph (A)(ii)(II).</text>
</subclause></clause><clause commented="no" display-inline="no-display-inline" id="id2AB0449FFAEA4DA49DF9D3CEBC1CB699"><enum>(iii)</enum><header>Special
rule</header><text>If the Secretary makes an affirmative determination under
this subparagraph with respect to any year, the Secretary shall not make a
determination under this subparagraph for the immediately succeeding taxable
year.</text>
</clause></subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id783F7B76EC8D4C988BB7CE37E21820CC"><enum>(C)</enum><header>Suspension of
deployment credit and report to Congress</header><text>If the Secretary makes
an affirmative determination under subparagraph (B)—</text>
<clause commented="no" display-inline="no-display-inline" id="idF53B266436F3492B80F3827F8CB7A9EF"><enum>(i)</enum><text>no certifications
may be made with respect to the deployment project investment credit under
section 45T of the Internal Revenue Code of 1986 for the 1-year period
following the date of such determination, and</text>
</clause><clause commented="no" display-inline="no-display-inline" id="id72A74453444E4AD1B7EDB5D1C2797772"><enum>(ii)</enum><text>the Secretary
(or the Secretary's delegate) shall submit to Congress a report detailing the
findings and projections that led to such determination.</text>
</clause></subparagraph></paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="idA1B6B99B0C3742889256A8268E61B862"><enum>(c)</enum><header>Loan guarantees
for carbon dioxide trunklines</header><text>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 new paragraph:</text>
<quoted-block display-inline="no-display-inline" id="idB17280ADC4FA41B7BD86C73F3321B6E1" style="OLC">
<paragraph commented="no" display-inline="no-display-inline" id="id4031548312534EA5A43B75E06E5F2A5E"><enum>(11)</enum><text>Qualified carbon
dioxide trunklines (as defined in section 48E(c)(3) of the Internal Revenue
Code of
1986).</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><section id="idE9C24169A78143C79DB987337D7198A3"><enum>102.</enum><header>Restoring Gulf
of Mexico oil production</header>
<subsection id="H7790E72F9D0444CF8F2DC6A9D2A07254"><enum>(a)</enum><header>Definition of
covered application</header><text display-inline="yes-display-inline">In this
section, the term <quote>covered application</quote> means an application for a
permit to drill under an oil and gas lease under the Outer Continental Shelf
Lands Act (43 U.S.C. 1331 et seq.) in effect on the date of enactment of this
Act, that—</text>
<paragraph id="H67D9F09728B64A0E8C7017981E93D9CE"><enum>(1)</enum><text display-inline="yes-display-inline">represents a resubmission of an approved
permit to drill (including an application for a permit to sidetrack) that was
approved by the Secretary before May 27, 2010; and</text>
</paragraph><paragraph id="H90368F96C1AF49AC8A3CE37726A69C9D"><enum>(2)</enum><text>is received by the
Secretary after October 12, 2010, and before the end of the 15-day period
beginning on the date of enactment of this Act.</text>
</paragraph></subsection><subsection id="ID802ed16e6a554ba9ad51a08b53982d65"><enum>(b)</enum><header>Schedule
required</header><text>Not later than 30 days after the date of enactment of
this Act, the Secretary of the Interior shall submit to the Committee on Energy
and Natural Resources of the Senate and the Committee on Natural Resources of
the House of Representatives a schedule that provides that—</text>
<paragraph id="ID3afbf0b355424399aa93a6827b7821a5"><enum>(1)</enum><text>not later than 75
days after the date of enactment of this Act, final decisions shall be issued
with respect to not less than <fraction>1/2</fraction> of the covered
applications; and</text>
</paragraph><paragraph id="ID79ecad8c132d4cc386ae265bcaceab41"><enum>(2)</enum><text>not later than
135 days after the date of enactment of this Act, final decisions shall be
issued with respect to all of the covered applications.</text>
</paragraph></subsection><subsection id="H57DAB705740C4BD5B85CCBE3E6F9FF7F"><enum>(c)</enum><header>Directed
suspension</header><text>A lease under which a covered application is submitted
to the Secretary of the Interior shall be considered to be in directed
suspension during the period beginning May 27, 2010, and ending on the date on
which the Secretary issues a final decision on the application, if the
Secretary does not issue a final decision on the application before the end of
the 120-day period beginning on the date of enactment of this Act, in the case
of a covered application submitted before the date of enactment of this Act or
before the end of the 15-day period beginning on the date of enactment of this
Act.</text>
</subsection></section><section id="IDbbc6de5b224e4c66b5634a3bbf80df48"><enum>103.</enum><header>Safety
assessments</header>
<subsection id="idF292F7BA0DE54CE6AFFA689AA215B75E"><enum>(a)</enum><header>Report to
congress</header>
<paragraph id="ID081d2b7729dc4a0681ff4b014ee8023a"><enum>(1)</enum><header>Definition of
covered permit</header><text>In this subsection, the term <quote>covered
permit</quote> means—</text>
<subparagraph id="ID0d240bc55afd47f5b510073b6e69c2a2"><enum>(A)</enum><text>each of the first
10 drilling permits for leases on the Atlantic coast issued after the date of
enactment of this Act;</text>
</subparagraph><subparagraph id="ID050f0b8426894a009f2f7d940c5c90f6"><enum>(B)</enum><text>each of the first
10 drilling permits for leases on the Pacific coast issued after the enactment
of this Act;</text>
</subparagraph><subparagraph id="ID81910903c6904c22b221a46ec3f3c38c"><enum>(C)</enum><text>each of the first
10 drilling permits for leases on the Arctic coast issued after the enactment
of this Act; and</text>
</subparagraph><subparagraph id="ID49499b40d51e4f7a9b5dd8bb81acfedd"><enum>(D)</enum><text>a permit to drill
in a new area off the coast of a State as requested by the governor of the
State or the Governor of a State with contiguous waters.</text>
</subparagraph></paragraph><paragraph id="id5E0FAD955B2440EF9E467AEB34974643"><enum>(2)</enum><header>Safety
assessment</header><text>At least 30 days before the issuance of a covered
permit, the Secretary shall submit to the Committee on Energy and Natural
Resources of the Senate and the Committee on Natural Resources of the House a
Representatives a report that includes an assessment of—</text>
<subparagraph id="ID2324c82e7147467db039800bbf589b26"><enum>(A)</enum><text>critical safety
system preparedness, including blowout prevention; and</text>
</subparagraph><subparagraph id="ID9992eb28efcb439e930f12923dce43cc"><enum>(B)</enum><text>oil spill
response and containment preparedness.</text>
</subparagraph></paragraph></subsection><subsection id="idC011CA0E05CB474EA1797F67123FEED4"><enum>(b)</enum><header>Spill response
assessment</header><text>Section 11(c) of the Outer Continental Shelf Lands Act
(43 U.S.C. 1340(c)) is amended by adding at the end the following:</text>
<quoted-block display-inline="no-display-inline" id="idD5E5021F6DF2438DA7C18D6FA0950ABE" style="OLC">
<paragraph commented="no" id="IDd5254c1beb5d478abf517370af2256ad"><enum>(5)</enum><header>Spill response
assessment</header>
<subparagraph commented="no" id="id33B02073D9F444CEBD22755994ACB8E7"><enum>(A)</enum><header>In
general</header><text>The Secretary shall require that each exploration plan
submitted after the date of enactment of the Practical Energy Plan Act of 2011
include a third-party reviewed response plan that describes the means and
timeline for containment and termination of an ongoing discharge of oil (other
than a de minimis discharge, as determined by the Secretary) at the depth at
which the exploration, development, or production authorized under the
exploration plan is to take place.</text>
</subparagraph><subparagraph commented="no" id="ID230d796eea944ea5ab971d8a42a7f1d1"><enum>(B)</enum><header>Technological
feasibility</header><text>Before determining whether to approve an exploration
plan that includes a response plan under subparagraph (A), the Secretary shall
certify the technological feasibility of the methods proposed to be used under
the response plan, as demonstrated by the lessee through simulation,
demonstration, or other
means.</text>
</subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><section id="id74633FF7FE7D4114AC5DDD0882FD4506"><enum>104.</enum><header>Restoring oil
and gas lease sales</header>
<subsection id="id93857386889947FB88C4C2E4E7DA7CDE"><enum>(a)</enum><header>Definitions</header><text display-inline="yes-display-inline">In this section:</text>
<paragraph id="ID43bba60ce3e64f91a96fea28fab7f2b9"><enum>(1)</enum><header>Environment
impact statement for the 2007–2012 5-year OCS Plan</header><text>The term
<term>Environmental Impact Statement for the 2007-2012 5-Year OCS Plan</term>
means the Final Environmental Impact Statement for the Outer Continental Shelf
Oil and Gas Leasing Program: 2007-2012 prepared by the Secretary and dated
April 2007.</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="ID1476315a87a74839a77718effdc2ac41"><enum>(2)</enum><header>Multi-sale
environmental impact statement</header><text>The term <term>Multi-Sale
Environmental Impact Statement</term> means the Environmental Impact Statement
for Proposed OCS Oil and Gas Lease Sales 193, 204, 205, 206, 207, 208, 209,
210, 212, 213, 215, 216, and 222 prepared by the Secretary and dated September
2008.</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="id0049D29BCAAB43289A87E4C846C8D9D5"><enum>(3)</enum><header>Secretary</header><text>The
term <quote>Secretary</quote> means the Secretary of the Interior.</text>
</paragraph></subsection><subsection id="ID8f268da51dc04f62b6dc5a85bf16d424"><enum>(b)</enum><header>Requirement To
conduct certain proposed oil and gas lease sales</header>
<paragraph id="idAAC68B450F6345419140660197642330"><enum>(1)</enum><header>In
general</header><text>As soon as practicable, but not later than 1 year, after
the date of enactment of this Act, in accordance with section 8 of the Outer
Continental Shelf Lands Act (43 U.S.C. 1337), the Secretary shall
conduct—</text>
<subparagraph id="ID1ea5837b3f3943eda1c242010d5d9205"><enum>(A)</enum><text>offshore oil and
gas lease sale 216;</text>
</subparagraph><subparagraph id="IDa702ad3c0c864246a60ddf6168cc73d6"><enum>(B)</enum><text>offshore oil and
gas lease sale 218;</text>
</subparagraph><subparagraph id="idCEA3140436DA44D2AF08410C18866489"><enum>(C)</enum><text>offshore oil and
gas lease sale 220; and</text>
</subparagraph><subparagraph id="ID2a6b97fd569447e782504393499f976b"><enum>(D)</enum><text>offshore oil and
gas lease sale 222.</text>
</subparagraph></paragraph><paragraph id="IDce3924300c4b4e5b81ed7cc910613457"><enum>(2)</enum><header>Prohibition on
conflicts with military operations</header><text>The Secretary shall not make
any tract available for leasing under paragraph (1)(C) if the President, acting
through the Secretary of Defense, determines that drilling activity on the
tract would create an unreasonable conflict with military operations.</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="id72D092A79CC54338BDA717CC27F7BFA0"><enum>(3)</enum><header>Environmental
review</header><text>For the purposes of each of the lease sales authorized
under subparagraphs (A), (B), and (D) of paragraph (1), the Environmental
Impact Statement for the 2007–2012 5-Year OCS Plan and the Multi-Sale
Environmental Impact Statement shall be considered to satisfy the requirements
of the National Environmental Policy Act of 1969 (42 U.S.C. 4321 et
seq.).</text>
</paragraph></subsection></section><section id="IDef65641ece8245148f85108d3ec2e839"><enum>105.</enum><header>Equal
treatment of permits in Alaska</header><text display-inline="no-display-inline">Section 328 of the Clean Air Act (42 U.S.C.
7627) is amended—</text>
<paragraph id="idB69089A7F3324A71B852985D25EEB50F"><enum>(1)</enum><text display-inline="yes-display-inline">in subsection (a)(1)—</text>
<subparagraph id="IDbd6ea551a2414a49b5ee018a67ff3327"><enum>(A)</enum><text>in the first
sentence, by inserting before the period at the end the following: <quote>,
provided that any air pollution requirements established for Arctic outer
Continental Shelf sources shall only apply to impacts located onshore as of the
date of enactment of the Practical Energy Plan Act of 2011</quote>; and</text>
</subparagraph><subparagraph id="IDd78972811497422e95cc1c57efce6bff"><enum>(B)</enum><text>in the fourth
sentence, by inserting <quote>and this Act</quote> before the period at the
end; and</text>
</subparagraph></paragraph><paragraph id="id5E8D99564CBD408092A32FC8351C97E6"><enum>(2)</enum><text>in the first
sentence of subsection (b)—</text>
<subparagraph id="id3E44055DBAAF44B29A57F0A4023FE5AD"><enum>(A)</enum><text>by striking
<quote>Gulf Coast</quote>; and</text>
</subparagraph><subparagraph id="id2CCAED49ECAA46B7BD7575723620B08C"><enum>(B)</enum><text>by inserting
<quote>Alaska,</quote> before <quote> and Alabama</quote>.</text>
</subparagraph></paragraph></section><section id="IDf96272e2e3384b8f854fa79b465ace39"><enum>106.</enum><header>Offshore
resource review and seismic surveys</header>
<subsection id="idD1E4CBEBA04C4760B91525D9D9C47FD9"><enum>(a)</enum><header>Chukchi Sea and
Beaufort Sea</header><text display-inline="yes-display-inline">Not later than
180 days after the date of enactment of this Act, the Secretary of the Interior
shall submit to the Committee on Energy and Natural Resources of the Senate and
the Committee on Natural Resources of the House of Representatives the results
of a study of oil and natural gas resources in the Chukchi Sea and Beaufort Sea
that includes—</text>
<paragraph id="IDe8f3e7484caf44f89b0cfffda297a00d"><enum>(1)</enum><text>resource
assessments;</text>
</paragraph><paragraph id="ID766964f7677a42c9a4a348c4c7d2bbe4"><enum>(2)</enum><text>an assessment of
preparedness for accident response;</text>
</paragraph><paragraph id="ID2f670142bd4a49329c07a31a6078a771"><enum>(3)</enum><text>targets for
expanding oil and natural gas production over the 5-, 10-, 15-, and 20-year
periods beginning on the termination date of leases in effect on the date of
enactment of this Act; and</text>
</paragraph><paragraph id="IDd69afdcf609d4f54b891a7007d6d0d59"><enum>(4)</enum><text>a schedule for
new lease sales required to meet production targets.</text>
</paragraph></subsection><subsection id="ID1074d52d793649d68e55c0b8a13a711a"><enum>(b)</enum><header>State
subdivision of outer Continental Shelf planning area</header><text>At the
request of a Governor of a State, the Secretary shall conduct, and submit to
the State the results of, a study of any State subdivision of an outer
Continental Shelf planning area that includes—</text>
<paragraph id="IDf5c42d0e5f8e4e0c9da0d0c99fe88256"><enum>(1)</enum><text>resource
assessments;</text>
</paragraph><paragraph id="ID5bada931360c45398cde4be597f333df"><enum>(2)</enum><text>an assessment of
preparedness for accident response;</text>
</paragraph><paragraph id="ID2afcc7ec893d4b6f86ce94b4dc3d0762"><enum>(3)</enum><text>targets for
expanding oil and natural gas production over 10-, 15-, and 20-year periods;
and</text>
</paragraph><paragraph id="IDb95e5ad18f34493b948d0ec64fb020af"><enum>(4)</enum><text>a nonbinding
schedule for new lease sales required to meet production targets.</text>
</paragraph></subsection><subsection id="HD608B31AEAFC429AA6CEE4698843A375"><enum>(c)</enum><header>Seismic
surveys</header><text display-inline="yes-display-inline">Section 18 of the
Outer Continental Shelf Lands Act (43 U.S.C. 1344) is amended by adding at the
end the following:</text>
<quoted-block display-inline="no-display-inline" id="HE67328AF01634CF8B55136366585D17A" style="OLC">
<subsection id="H0424F8E1B0644B9C8B9B505AD60E5C9F"><enum>(i)</enum><header>Seismic
surveys</header>
<paragraph id="HDA6FB9F50FF64F1AA24AD85666B8D5F3"><enum>(1)</enum><header>In
general</header><text display-inline="yes-display-inline">Not later than 360
days after the date of enactment of this subsection, the Secretary shall issue
regulations providing for—</text>
<subparagraph id="H5D55B55F5D814663B1E583C2F6E2759D"><enum>(A)</enum><text>issuance by the
Secretary of seismic surveying cost credits for the provision of data from
seismic surveying of the outer Continental Shelf; and</text>
</subparagraph><subparagraph id="H42B34A9709AC4103BE27DF27B01C5DA9"><enum>(B)</enum><text display-inline="yes-display-inline">use of the credits by a person to whom the
cost credits were issued under subparagraph (A) or transferred under paragraph
(4), for payment of bonus bids owed by the person for oil and gas lease sales
under this section in the planning area in which the seismic survey was
conducted.</text>
</subparagraph></paragraph><paragraph id="H0F645A2D856F414A938658455331947B"><enum>(2)</enum><header>Issuance</header><text>The
regulations issued under paragraph (1) shall provide for the issuance of
credits on the date of the submission to the Secretary of the data produced by
seismic surveying authorized under section 11 of any area for which the most
recent seismic data held by the Secretary at the time of the survey is at least
10 years old.</text>
</paragraph><paragraph id="H7EC38D8D7C0548DDB22F5D7688FD36D8"><enum>(3)</enum><header>Value</header><text>The
value of the cost credits issued under paragraph (1)(A) shall be equal to 50
percent of the costs incurred in conducting seismic surveying to produce the
data for which the credits are issued.</text>
</paragraph><paragraph id="HE67B7554D5454AB58E74C20F06D2DC32"><enum>(4)</enum><header>Transfer</header><text>A
person to whom a credit is issued by the Secretary—</text>
<subparagraph id="idF453A4B25A78474B8B917F391E17DFD4"><enum>(A)</enum><text>may transfer the
credit once; and</text>
</subparagraph><subparagraph id="idA5F0264804634A3E94A4974980DEA23C"><enum>(B)</enum><text>shall notify the
Secretary of the transfer under subparagraph (A).</text>
</subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="HE37530215D3A454B9F69A25A2E10C71B"><enum>(5)</enum><header>Expiration</header><text>A
seismic surveying cost credit shall expire 10 years after the date of
submission of the date for which the credit is
issued.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section></subtitle><subtitle id="idC5B19B11738340AA8983552936CCF1AF"><enum>B</enum><header>Vehicle
efficiency</header>
<section id="ID28676EA262944DFE9E6A3474B634475E"><enum>111.</enum><header>Fuel
efficiency planning</header>
<subsection id="ID24e88305454c4d5cb2fa86455373728a"><enum>(a)</enum><header>Standards for
light vehicles</header><text>Section 32902 of title 49, United States Code, is
amended—</text>
<paragraph id="ID27d117c874cc4a42adaa6371f33aa9cd"><enum>(1)</enum><text>in subsection
(a), by inserting <quote>, reflecting at least a 4 percent annual increase
beginning in model year 2017 (rounded to the nearest <fraction>1/10</fraction>
mile per gallon)</quote> before the period at the end;</text>
</paragraph><paragraph id="ID9b2c0369d6d64573bc53c667cd005a41"><enum>(2)</enum><text>in subsection
(b)—</text>
<subparagraph id="id3870109CAEA94D9D8A8DA6C1A827D419"><enum>(A)</enum><text>in paragraph
(2)—</text>
<clause id="id54B3AB5938C94EB49CB4C3D9A0A4A5A3"><enum>(i)</enum><text>in
subparagraph (A)—</text>
<subclause id="ID0a6f1f60eb0245c1b26bb84aa993f59b"><enum>(I)</enum><text>in the
subparagraph heading, by striking <quote><header-in-text level="subparagraph" style="OLC">2020</header-in-text></quote> and inserting <quote><header-in-text level="subparagraph" style="OLC">2016</header-in-text></quote>;</text>
</subclause><subclause id="ID9ee15d673ad84d7caaef37ee13ceec33"><enum>(II)</enum><text>by striking
<quote>2020</quote> and inserting <quote>2016</quote>; and</text>
</subclause><subclause id="ID2819101c3c84416297ef921e3e58034d"><enum>(III)</enum><text>by striking
<quote>35</quote> and inserting <quote>34.1</quote>;</text>
</subclause></clause><clause id="idB6FBF28C0F24419DA61D048B8A3B38ED"><enum>(ii)</enum><text>in
subparagraph (B)—</text>
<subclause id="ID46ee819287a4411cb929d335e0e7e9af"><enum>(I)</enum><text>in the
subparagraph heading, by striking <quote><header-in-text level="subparagraph" style="OLC">2021</header-in-text></quote> and insert <quote><header-in-text level="subparagraph" style="OLC">2017</header-in-text></quote>;</text>
</subclause><subclause id="IDa2f6fe17380c447e847e529d138748f5"><enum>(II)</enum><text>by striking
<quote>2021</quote> and inserting <quote>2017</quote>; and</text>
</subclause><subclause id="ID1df02fbea7024245a9359e4f9238cde2"><enum>(III)</enum><text>by inserting
<quote>, reflecting at least a 4 percent annual increase for each model
year</quote> before the period at the end; and</text>
</subclause></clause><clause id="IDc511401ac966498eab7c214c00a3a0d6"><enum>(iii)</enum><text>in subparagraph
(C)—</text>
<subclause id="IDd409c7e6b00e43b7a6ddca278bbc6886"><enum>(I)</enum><text>by striking
<quote>subparagraph (A)</quote> and inserting <quote>subparagraphs (A) and
(B)</quote>;</text>
</subclause><subclause id="ID80ca80718e2d467dab4cebe803370276"><enum>(II)</enum><text>by striking
<quote>and ending with model year 2020</quote>; and</text>
</subclause><subclause id="ID14bb6875efa84991bd034adb2b53f2e7"><enum>(III)</enum><text>by adding at
the end the following: <quote>The projected aggregate level of average fuel
economy for model year 2017 and each succeeding model year shall reflect at
least a 4 percent increase from the level for the prior model year (rounded to
the nearest <fraction>1/10</fraction> mile per gallon).</quote>; and</text>
</subclause></clause></subparagraph><subparagraph id="ID3b9937ffffec4e16845303ada3c98ab7"><enum>(B)</enum><text>by adding at the
end the following:</text>
<quoted-block display-inline="no-display-inline" id="id41986853EE894DCDB6AD4CEC7ABE0F38" style="OLC">
<paragraph id="IDcd590c8d7dad472a930f943962367dca"><enum>(5)</enum><header>Unified
regulatory requirements</header><text>Regulations under this subsection and
amendments to regulations under subsection (c) shall, to the maximum extent
practicable, be promulgated (including through joint rulemaking), coordinated,
and implemented in conjunction with pollutant regulations promulgated by the
the Administrator of the Environmental Protection
Agency.</text>
</paragraph><after-quoted-block>;</after-quoted-block></quoted-block>
</subparagraph></paragraph><paragraph id="ID293cc761cc5c45a18355079ac0d3f014"><enum>(3)</enum><text>in subsection
(c)—</text>
<subparagraph id="ID7fb6f65992584260a23c05939a7f10c6"><enum>(A)</enum><text>by inserting
<quote>(1)</quote> before <quote>The Secretary</quote>;</text>
</subparagraph><subparagraph id="id3F4EC83FAD6D41B2A7942661C2783348"><enum>(B)</enum><text>by striking
<quote>that model year.</quote> and inserting the following: “model year,
including to a level lower than a 4 percent annual increase if the Secretary
determines the standards prescribed under subsection (b) for each model
year—</text>
<quoted-block display-inline="no-display-inline" id="id64C36C2556DF4D93BE98A3E0160285C3" style="OLC">
<subparagraph id="IDda34eff989d74a45b88793782c045cd3" indent="up1"><enum>(A)</enum><text>are technologically
unachievable;</text>
</subparagraph><subparagraph id="IDe666e760672042ef89959694fe0f8d37" indent="up1"><enum>(B)</enum><text>cannot be achieved without materially
reducing the overall safety of automobiles manufactured or sold in the United
States; or</text>
</subparagraph><subparagraph id="ID2d461a6d522b41059550db14be4c5bea" indent="up1"><enum>(C)</enum><text>is shown, by clear and convincing
evidence, not to be cost effective.</text>
</subparagraph><paragraph id="id98026F428B124C15A2134F7E35F9021A" indent="up1"><enum>(2)</enum><text>If a standard reflecting a level
lower than a 4 percent annual increase is prescribed for a model year under
subsection (b), such standard shall be the maximum standard that—</text>
<subparagraph id="IDd25303e0e4414de3952b887aabf8eef3"><enum>(A)</enum><text>is technologically achievable;</text>
</subparagraph><subparagraph id="ID8f3ffa46b6b5413c954dc09b8e1c52ed"><enum>(B)</enum><text>can be achieved without materially
reducing the overall safety of automobiles manufactured or sold in the United
States; and</text>
</subparagraph><subparagraph id="IDc18db18ab2654be296d855b9cab61f32"><enum>(C)</enum><text>is cost
effective.</text>
</subparagraph></paragraph><after-quoted-block>;</after-quoted-block></quoted-block>
</subparagraph><subparagraph id="ID22032390cdb04d00ae52f57860b261bd"><enum>(C)</enum><text>by striking
<quote>Section 553</quote> and inserting the following:</text>
<quoted-block display-inline="no-display-inline" id="id6A2F66282F0B4A688507CFD469291F07" style="OLC">
<paragraph id="id17990A0D98204F8FAEAD048E71DE80E9" indent="up1"><enum>(3)</enum><text>Section
553</text>
</paragraph><after-quoted-block>;
and</after-quoted-block></quoted-block>
</subparagraph><subparagraph id="ID8c09ae01bbe5452ba442899c20b06342"><enum>(D)</enum><text>by adding at the
end the following:</text>
<quoted-block display-inline="no-display-inline" id="id83A083CE7B124210BF05EEC42DE096AC" style="OLC">
<paragraph id="id287420CD5A24466CB9CFF7FB267FF532" indent="up1"><enum>(4)</enum><text>Not later than 90 days before issuing
an amended standard that would lower the fuel economy standards below the level
prescribed under subsection (b), the Secretary shall—</text>
<subparagraph id="ID9fafe071b23648409bc81e87d4bae25a"><enum>(A)</enum><text>provide written notification to the
<committee-name committee-id="">Committee on Energy and Commerce of the House
of Representatives</committee-name>, the <committee-name committee-id="SSCM00">Committee on Commerce, Science, and Transportation of the
Senate</committee-name>, and the <committee-name committee-id="SSEG00">Committee on Energy and Natural Resources of the
Senate</committee-name>, regarding the amendments made to the fuel economy
standards prescribed in subsection (b); and</text>
</subparagraph><subparagraph id="IDbdbf28e786464c198803a9f4703a4364"><enum>(B)</enum><text>make publicly available
non-proprietary documentation regarding the amendment
decision</text>
</subparagraph></paragraph><after-quoted-block>;
and</after-quoted-block></quoted-block>
</subparagraph></paragraph><paragraph id="IDfcc52734d4b04942a0ca442c13ba74a6"><enum>(4)</enum><text>in subsection
(f)—</text>
<subparagraph id="id0CF842342CF8408987AF47610A7899E1"><enum>(A)</enum><text>by striking
<quote>When deciding</quote> and inserting <quote>(1) In
determining</quote>;</text>
</subparagraph><subparagraph id="IDdf9770ba3eb34951b22f5d5703d4a0ed"><enum>(B)</enum><text>by inserting
<quote>cost-benefit considerations,</quote> after <quote>economic
practicability,</quote>; and</text>
</subparagraph><subparagraph id="ID481ad363bcf444b3b186b72c64db0f90"><enum>(C)</enum><text>by adding at the
end the following:</text>
<quoted-block display-inline="no-display-inline" id="id6ED334A518F04BE8A91FF1DA2D8A712F" style="OLC">
<paragraph id="idE1683CA5C7404B77AA611C5AA16E4A53" indent="up1"><enum>(2)</enum><text>In conducting a cost-benefit analysis
under paragraph (1), the Secretary of Transportation (in consultation with the
Secretary of Energy, the Secretary of State, and the Secretary of Defense)
shall take into account the total value to the United States of reduced
petroleum use, including the value of reducing external costs of petroleum use,
using a value for such costs equal to 50 percent of the value of a gallon of
gasoline saved or the amount determined in an analysis of the external costs of
petroleum use that considers—</text>
<subparagraph id="IDddd3cbf9853a4b3ea8674ca8cad49127"><enum>(A)</enum><text>value to consumers;</text>
</subparagraph><subparagraph id="ID35751701381c457792d8a7e95d1fe1ca"><enum>(B)</enum><text>economic security;</text>
</subparagraph><subparagraph id="IDa631e6c5e0294c30af537ef97db1a9fe"><enum>(C)</enum><text>national security;</text>
</subparagraph><subparagraph id="ID3ceba4cae95d48b582be11d460aacde4"><enum>(D)</enum><text>foreign policy;</text>
</subparagraph><subparagraph id="ID7807b117c0734106acb68e78bbf17ab8"><enum>(E)</enum><text>the impact of oil use on—</text>
<clause id="IDb67c5d7115224ebd9b7c197e4f8d59f8"><enum>(i)</enum><text>sustained cartel rents paid to
foreign suppliers;</text>
</clause><clause id="ID94dbe18fbd304ee8b516603cb310b9f0"><enum>(ii)</enum><text>long-run potential gross domestic
product due to higher normal-market oil price levels, including inflationary
impacts;</text>
</clause><clause id="ID0573fef8e86041c9a03e4cde1b82049c"><enum>(iii)</enum><text>import costs, wealth transfers,
and potential gross domestic product due to increased trade imbalances;</text>
</clause><clause id="ID872c55f5506a46719974145e08253c5d"><enum>(iv)</enum><text>import costs and wealth transfers
during oil shocks;</text>
</clause><clause id="ID304664c8c5ff41c1844ef1b9eb82e144"><enum>(v)</enum><text>macroeconomic dislocation and
adjustment costs during oil shocks;</text>
</clause><clause id="ID9f26bb1547894305a9785fb7c0e650e1"><enum>(vi)</enum><text>the cost of existing energy
security policies, including the management of the Strategic Petroleum
Reserve;</text>
</clause><clause id="IDc8e600241aeb40b0bcd4316bd7cf57af"><enum>(vii)</enum><text>the timing and severity of the
oil peaking problem;</text>
</clause><clause id="IDd2ede2deb9dd4fbd9bc7b5d74b2cff4b"><enum>(viii)</enum><text>the risk, probability, size, and
duration of oil supply disruptions;</text>
</clause><clause id="ID5f0cc18a817c4b118c8624a95b9805cd"><enum>(ix)</enum><text>OPEC strategic behavior and
long-run oil pricing;</text>
</clause><clause id="ID64151e124e5f49cb9fa4c172e291186a"><enum>(x)</enum><text>the short term elasticity of energy
demand and the magnitude of price increases resulting from a supply
shock;</text>
</clause><clause id="ID256eb1d207fd4fd5924cd47c2ad23318"><enum>(xi)</enum><text>oil imports, military costs, and
related security costs, including intelligence, homeland security, sea lane
security and infrastructure, and other military activities;</text>
</clause><clause id="IDa8c8b6c92c44426989538e176d782164"><enum>(xii)</enum><text>oil imports, diplomatic and
foreign policy flexibility, and connections to geopolitical strife, terrorism,
and international development activities; and</text>
</clause><clause id="ID3e772c19c3c340d08b115fa240c34ccd"><enum>(xiii)</enum><text>the cost of pollutants;</text>
</clause></subparagraph><subparagraph id="IDe0d7129d9a0a45e4a29a420567bc4414"><enum>(F)</enum><text>the impact of the oil or energy
intensity of the United States economy on the sensitivity of the economy to oil
price changes, including the magnitude of gross domestic product losses in
response to short-term price shocks or long-term price increases;</text>
</subparagraph><subparagraph id="ID07b52e324384469a9e656eef9fb5a10f"><enum>(G)</enum><text>the impact of United States payments
for oil imports on political, economic, and military developments in unstable
or unfriendly oil exporting countries;</text>
</subparagraph><subparagraph id="ID2b25335ea8b84f56897c7bbb4303844c"><enum>(H)</enum><text>the uninternalized costs of pipeline
and storage oil seepage, and for risk of oil spills from production, handling,
transport, and related landscape damage; and</text>
</subparagraph><subparagraph id="ID35e4028ff9de478ba0827d2021e49ac2"><enum>(I)</enum><text>additional relevant factors, as
determined by the Secretary in consultation with the Secretary of Energy, the
Administrator of the Environmental Protection Agency, the Secretary of State,
the Secretary of Defense, the Secretary of Homeland Security, and the Director
of National Intelligence.</text>
</subparagraph></paragraph><paragraph id="ID00fa820bfe244c909339dd9b16e4838b" indent="up1"><enum>(3)</enum><text>In considering the value to consumers
of a gallon of gasoline saved, the Secretary of Transportation may not use a
value that is less than the greatest of—</text>
<subparagraph id="IDba36095a34b44897ae711224c63c4a34"><enum>(A)</enum><text>the average national cost of a gallon
of gasoline sold in the United States during the 12-month period ending on the
date on which the new fuel economy standard is proposed;</text>
</subparagraph><subparagraph id="ID77e0eab3a5844d28ada7f5d4cd64c77e"><enum>(B)</enum><text>the most recent weekly estimate by the
Energy Information Administration of the Department of Energy of the average
national cost of a gallon of gasoline (all grades) sold in the United States;
or</text>
</subparagraph><subparagraph id="ID9d54eaaa08984028b79ac81d47405206"><enum>(C)</enum><text>the gasoline prices projected by the
Energy Information Administration for the 20-year period beginning in the year
following the year in which the standards are
established.</text>
</subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subparagraph></paragraph></subsection><subsection id="IDccfcc60345ef4a2e8f7e3c388a11c030"><enum>(b)</enum><header>Standards for
medium- and heavy-Duty vehicles</header><text>Section 32902(k) of title 49,
United States Code, is amended—</text>
<paragraph id="id50603336208246B4B52CF9767FA95353"><enum>(1)</enum><text>in paragraph
(1)—</text>
<subparagraph id="id460C607C42AF4095BD8FC693F31DC104"><enum>(A)</enum><text>in subparagraph
(C), by striking <quote>and</quote> at the end;</text>
</subparagraph><subparagraph id="ID834b2c75380b4634b320f90ed7c734b7"><enum>(B)</enum><text>in subparagraph
(D), by striking the period at the end and inserting <quote>; and</quote>;
and</text>
</subparagraph><subparagraph id="ID975b134171e64fd99573fe31bbbdb01d"><enum>(C)</enum><text>by adding at the
end the following:</text>
<quoted-block display-inline="no-display-inline" id="id4433B2BD7AEE405FA598D936757C1694" style="OLC">
<subparagraph id="ID440f5bdff0994cab82cea95e8b9e98f4"><enum>(E)</enum><text display-inline="yes-display-inline">greatest achievable fuel efficiency
improvement targets for rules pertaining to commercial medium- and heavy-duty
vehicles and work trucks, taking into consideration the national security and
economic benefits of reduced petroleum consumption and relevant factors in the
manufacture and work accomplished of such
vehicles.</text>
</subparagraph><after-quoted-block>;</after-quoted-block></quoted-block>
</subparagraph></paragraph><paragraph id="IDfd7def2f5c1448489186d9091bc58139"><enum>(2)</enum><text>in paragraph
(2)—</text>
<subparagraph id="ID5f381d1c81174dad9ebf0ed440a90b60"><enum>(A)</enum><text>by striking
<quote>Not later</quote> and inserting the following:</text>
<quoted-block display-inline="no-display-inline" id="id0798D64516BE4AF5BCD68FA9EF3A2C9E" style="OLC">
<subparagraph id="idA178769392E141ECB900C9F3DA99E971"><enum>(A)</enum><header>Implementation</header><text>Not
later</text>
</subparagraph><after-quoted-block>; </after-quoted-block></quoted-block>
</subparagraph><subparagraph id="IDa3a7de9ca7924c708c3500ed4555878a"><enum>(B)</enum><text>by striking
<quote>fuel economy standards</quote> and inserting <quote>fuel efficiency
standards (taking into consideration the national security and economic
benefits of reduced petroleum consumption)</quote>;</text>
</subparagraph><subparagraph id="id008F6603F7D249538B68B4D134269F17"><enum>(C)</enum><text>by striking
<quote>The Secretary may</quote> and inserting the following:</text>
<quoted-block display-inline="no-display-inline" id="idB0026E9724384639926DE7D383C1ED28" style="OLC">
<subparagraph id="idB1E4D5A4664A4E018AA30B05A37AA670"><enum>(B)</enum><header>Separate
standards</header><text>The Secretary
may</text>
</subparagraph><after-quoted-block>;</after-quoted-block></quoted-block>
</subparagraph><subparagraph id="id4BA534D00B134DFB9BC0B42D378E3C78"><enum>(D)</enum><text>in subparagraph
(B), as designated by subparagraph (C) of this paragraph, by adding at the end
the following: <quote>Recognizing the differentiated level of technological
development and data available between classes, as identified by the National
Academies of Science report <quote>Technologies and Approaches to Reducing the
Fuel Consumption of Medium- and Heavy-Duty Vehicles,</quote> the Secretary may
implement regulations for certain vehicle classes and vehicle components
authorized under this subsection, as designated by the Secretary, on an
accelerated basis.</quote>; and</text>
</subparagraph><subparagraph id="ID6103065e98b84621a16bcc60453d9108"><enum>(E)</enum><text>by adding at the
end the following:</text>
<quoted-block display-inline="no-display-inline" id="idCDB61ADDE48244E596B4A1D39E2E2CB5" style="OLC">
<subparagraph id="ID5e239d1170f340bf93f1e5ab4529f6d1"><enum>(C)</enum><header>Applicability;
adjustments</header><text>Standards issued under this subsection—</text>
<clause id="id68B55FABE56C44A58FD4A8C665EDE0DA"><enum>(i)</enum><text>may apply
to—</text>
<subclause id="ID5560bb56f11748bb81cfe61cd2cdfb94"><enum>(I)</enum><text>vehicle
components;</text>
</subclause><subclause id="ID914b208c50bd4e9bbd19ab0dbcaf4293"><enum>(II)</enum><text>whole vehicles
based on 1 or more attributes; or</text>
</subclause><subclause id="ID19352a430f86432aacae1770bc9a0826"><enum>(III)</enum><text>any combination
of (I) and (II);</text>
</subclause></clause><clause id="ID43549ffda63d4d6996a8c8754df15506"><enum>(ii)</enum><text>shall, subject
to paragraph (3)—</text>
<subclause id="id7BFBB9F1033B49C79140A4EF25BA066D"><enum>(I)</enum><text>be implemented
for vehicles manufactured for sale in the United States during or before model
year 2017; and</text>
</subclause><subclause id="idF4726723E9B74BF2B134AAF2244A6796"><enum>(II)</enum><text>allow for fuel
efficiency regulation of vehicle components or whole vehicles before such model
year; and</text>
</subclause></clause><clause id="IDba40416af059456cb6a471d690d2b88b"><enum>(iii)</enum><text>shall
periodically, but not less frequently than every 4 model years, be adjusted to
achieve the maximum technologically feasible fuel efficiency improvements
(taking into account considerations of oil import dependence) which do not
materially affect vehicle safety and that are cost effective.</text>
</clause></subparagraph><subparagraph id="ID9c145a1217264f539c99c10fe0f8cd4a"><enum>(D)</enum><header>Cost effective
criteria</header><text>As used in subparagraph (C)(iii), the term <term>cost
effective</term> shall be subject to considerations established under
subsection (f) and other criteria determined by the Secretary;</text>
</subparagraph><subparagraph id="IDf2ad0e8573c94755a05b5431c0a9ffb9"><enum>(E)</enum><header>Waiver;
notification; review</header><text>The Secretary may waive adjustments to the
standards issued under this subsection if the Secretary determines that any
such adjustment is not necessary to achieve the maximum technologically
feasible fuel efficiency improvements. If such a determination is made, the
Secretary shall provide written notification to the
<committee-name committee-id="">Committee on Energy and Commerce of the House
of Representatives</committee-name>, the <committee-name committee-id="SSCM00">Committee on Commerce, Science, and Transportation of the
Senate</committee-name>, and the <committee-name committee-id="SSEG00">Committee on Energy and Natural Resources of the
Senate</committee-name>, not later than 180 days before the day that is 4 years
after the day on which the most recent standards came into effect. The
Secretary shall review any determination made under this subparagraph every 2
years.</text>
</subparagraph><after-quoted-block>;
and</after-quoted-block></quoted-block>
</subparagraph></paragraph><paragraph id="id4D1CEEF45C004330BD446A751BC89988"><enum>(3)</enum><text>by adding at the
end the following:</text>
<quoted-block display-inline="no-display-inline" id="idA0C0344FD6F44486B17B776D0347AE08" style="OLC">
<paragraph id="id8E6713A58F43494C95F3E5F78B69C63F"><enum>(4)</enum><header>Unified
regulatory requirements</header><text>Regulations issued pursuant to paragraph
(2) shall, to the maximum extent practicable, be established (including through
joint rulemaking), coordinated, and implemented in conjunction with pollutant
regulations administered by the Environmental Protection
Agency.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection></section></subtitle><subtitle id="id26D267184FF745A2BAFECB87227E2075"><enum>C</enum><header>Fuel
choice</header>
<section id="id26C24DE016C845FAADFD1B970758FAE4"><enum>121.</enum><header>Competitive
production incentives for advanced renewable fuels</header><text display-inline="no-display-inline">Section
942 of the Energy Policy Act of 2005 (42 U.S.C. 16251) is amended—</text>
<paragraph id="id6A701CC4CE3C41849DD2B082C1A18144"><enum>(1)</enum><text>in the section
heading, by striking <quote><header-in-text level="section" style="OLC">cellulosic biofuels</header-in-text></quote> and inserting
<quote><header-in-text level="section" style="OLC">renewable
fuels</header-in-text></quote>;</text>
</paragraph><paragraph id="id2C46D177A665423CA1152296F4841EB1"><enum>(2)</enum><text>by striking
<quote>cellulosic biofuels</quote> each place it appears (other than subsection
(b)(1)) and inserting <quote>renewable fuels</quote>;</text>
</paragraph><paragraph id="id4C5E24CB35DD4C8291D6E17E7929B0A9"><enum>(3)</enum><text>in subsection
(a), by striking <quote>biofuels</quote> each place it appears and inserting
<quote>renewable fuels</quote>;</text>
</paragraph><paragraph id="idBC0A5767BC7F4C33AADA10CD883FD448"><enum>(4)</enum><text>in subsection
(b)—</text>
<subparagraph id="idCF03C2A8260441B8950C101126C2E201"><enum>(A)</enum><text>by striking
paragraph (1);</text>
</subparagraph><subparagraph id="id792558F22B4B4D88A437686AA0D0B012"><enum>(B)</enum><text>by redesignating
paragraph (2) as paragraph (1); and</text>
</subparagraph><subparagraph id="id788166C0C24840239357126C73146542"><enum>(C)</enum><text>by inserting
after paragraph (1) (as so redesignated) the following:</text>
<quoted-block display-inline="no-display-inline" id="idC4DEC94A17CB4DD3A558C5CA38882280" style="OLC">
<paragraph id="idD0BEC42513E644109A30EE939A1601D1"><enum>(2)</enum><header>Renewable
fuel</header>
<subparagraph id="idC8A9563FDBF54874AF7C0D2D4AB0D8E7"><enum>(A)</enum><header>In
general</header><text>The term <term>renewable fuel</term> has the meaning
given the term in section 211(o)(1) of the Clean Air Act (42 U.S.C.
7545(o)(1)).</text>
</subparagraph><subparagraph id="id11716AE51F1C435BA29F33B6F57611ED"><enum>(B)</enum><header>Inclusion</header><text>The
term <term>renewable fuel</term> includes algae.</text>
</subparagraph><subparagraph id="idDB21D0F42B7B4521A726E2CA5D74B7A9"><enum>(C)</enum><header>Exclusion</header><text>The
term <term>renewable fuel</term> does not include
grain.</text>
</subparagraph></paragraph><after-quoted-block>;
and</after-quoted-block></quoted-block>
</subparagraph></paragraph><paragraph id="id0EEC76C752A24AA6A602F37C2545C553"><enum>(5)</enum><text>in subsection
(f), by inserting <quote>for each of fiscal years 2012 through 2016</quote>
before the period at the end.</text>
</paragraph></section><section id="ID5201b752cddd4f1bba25acabde9b8e3b"><enum>122.</enum><header>Fuel options
through the availability of dual fueled vehicles and light duty
trucks</header><text display-inline="no-display-inline">Chapter 329 of title
49, United States Code, is amended by adding at the end the following:</text>
<quoted-block display-inline="no-display-inline" id="idD35DBC16A0E74D0F8D0E7898E929B46E" style="OLC">
<section id="id279FA9832EE9445F93B1ED518CE28B0C"><enum>32920.</enum><header>Fuel options
for transportation</header>
<subsection id="id93194F4656064405806661B25C053564"><enum>(a)</enum><header>Definitions</header><text>In
this section:</text>
<paragraph id="IDd81eb2a302984a5a83eb1278fbb2e8b9"><enum>(1)</enum><header>Advanced
alternative fuel</header><text>The term <term>advanced alternative fuel</term>
means—</text>
<subparagraph id="IDf6a06d16c4c04e4ea3864545592526e6"><enum>(A)</enum><text>a mixture
containing—</text>
<clause id="idD640D804F9E548ECA0E6735C496016F3"><enum>(i)</enum><text>at least 85
percent denatured ethanol by volume (or a lower percentage prescribed by the
Secretary pursuant to section 32901(b)); and</text>
</clause><clause id="id4B08150F8ADB4CF887689205321BFABD"><enum>(ii)</enum><text>gasoline or
other fuels;</text>
</clause></subparagraph><subparagraph id="ID7b76fc12fa264b048785c78c9e9b1fba"><enum>(B)</enum><text>a mixture
containing—</text>
<clause id="id08F26594296442A795F40B7F2DCA6F48"><enum>(i)</enum><text>at least 70
percent methanol by volume (or a lower percentage prescribed by the Secretary
pursuant to section 32901(b)); and</text>
</clause><clause id="id78C76E63E3DB426DB4B768E679EB5BF0"><enum>(ii)</enum><text>gasoline and
other fuels; and</text>
</clause></subparagraph><subparagraph id="IDff3a382012464995b7bd06e032e51711"><enum>(C)</enum><text>other alcohols or
liquid fuels certified by the Secretary pursuant to subsection
(b)(2)(B)(i).</text>
</subparagraph></paragraph><paragraph id="IDf54151a8b133424f9d5dddc2b24b3bb8"><enum>(2)</enum><header>Advanced
alternative fuel blend</header><text>The term <term>advanced alternative fuel
blend</term> means a liquid fuel that contains gasoline blended with a
percentage of advanced alternative fuel certified under subsection
(b)(2).</text>
</paragraph><paragraph id="ID877ac4fd7bb14e9e8e6e1054e24cfa1a"><enum>(3)</enum><header>Annual covered
inventory</header><text>The term <term>annual covered inventory</term> means
the number of vehicles that a manufacturer, during a given calendar year,
manufactures in the United States or imports from outside of the United States,
for sale in the United States.</text>
</paragraph><paragraph id="ID75c4eb30f9c14e4f9613ed916114927e"><enum>(4)</enum><header>Fuel
choice-enabling vehicle</header><text>The term <term>fuel choice-enabling
vehicle</term> means a light-duty vehicle warranted by its manufacturer to
operate on—</text>
<subparagraph id="IDeb0a87a8c82b44ebadedb1f83f6c25b9"><enum>(A)</enum><text>a mixture
containing at least 85 percent denatured ethanol, methanol, or other alcohols
by volume (or a lower percentage prescribed by the Secretary pursuant to
section 32901(b)), including drop-in liquid fuel for use in gasoline
engines;</text>
</subparagraph><subparagraph id="id4B7A2C10B29E4FEFB7203C103D99E828"><enum>(B)</enum><text>an advanced
alternative fuel blend;</text>
</subparagraph><subparagraph id="ID3ed729f0fe994ea1808c95897c9408eb"><enum>(C)</enum><text>natural
gas;</text>
</subparagraph><subparagraph id="ID6ce4ffd82e02475c887fd8faab5c3799"><enum>(D)</enum><text>hydrogen;</text>
</subparagraph><subparagraph id="ID7311a38246714edd9054e6f293ba2a11"><enum>(E)</enum><text>batteries;</text>
</subparagraph><subparagraph id="ID8f93de02c7be4e7e942a244835a9e042"><enum>(F)</enum><text>a hybrid electric
engine;</text>
</subparagraph><subparagraph id="idE4254D2498524FE2AFA0EACBFDA52122"><enum>(G)</enum><text>a mixture of
biodiesel and diesel fuel meeting the standard established by the American
Society for Testing and Materials or under section 211(u) of the Clean Air Act
(42 U.S.C. 7545(u)) for fuel containing 5 percent biodiesel (commonly known as
<quote>B20</quote>); or</text>
</subparagraph><subparagraph commented="no" id="IDd2ca296288dd4d389b07703359ff82c0"><enum>(H)</enum><text>any other fuel or
means of powering covered vehicles prescribed by the Secretary, by regulation,
that contains not more than 10 percent petroleum, by volume.</text>
</subparagraph></paragraph><paragraph id="IDa7bde4c2f42e4e1399e0380b4d71c1d2"><enum>(5)</enum><header>Light-duty
vehicle</header><text>The term <term>light-duty vehicle</term> means a
4-wheeled vehicle manufactured primarily for use on public streets, roads, and
highways with a gross vehicle weight of less than 10,000 pounds.</text>
</paragraph></subsection><subsection id="ID5f4edeec51f74ff5b630d8bb7e7e2768"><enum>(b)</enum><header>Fuel options
standard</header>
<paragraph id="IDb5ba0753440d48ceaf88e4372207c507"><enum>(1)</enum><header>In
general</header><text>Except as provided in paragraph (3), each light-duty
vehicle manufacturer’s annual covered inventory shall be comprised of—</text>
<subparagraph id="id4F88D36B59734E1D8FA372836ECC4408"><enum>(A)</enum><text>not less than 50
percent fuel choice-enabling vehicles in model years 2015, 2016, and 2017;
and</text>
</subparagraph><subparagraph id="idD4B7E6D158204F86AC064FBD7CFB163E"><enum>(B)</enum><text>not less than 90
percent fuel choice-enabling vehicles in model year 2018 and each subsequent
model year.</text>
</subparagraph></paragraph><paragraph id="ID5b951a93cb14403f8e456cfab5489aec"><enum>(2)</enum><header>Certification</header>
<subparagraph id="id7F3E291524914CBA8B0EEE9FD0A96244"><enum>(A)</enum><header>In
general</header><text>The Secretary of Transportation, in consultation with the
Administrator of the Environmental Protection Agency, shall certify the maximum
feasible levels of advanced alternative fuel blend possible based on
technological feasibility, economic practicality, consumer cost impacts,
maximizing the potential number of domestic nonpetroleum feedstock sources, and
reducing foreign oil imports.</text>
</subparagraph><subparagraph id="IDb9d7298aeecc4e878536ca092aae93db"><enum>(B)</enum><header>Contents</header><text>The
certification under subparagraph (A) should include—</text>
<clause id="ID3bb24afb9c0b4a168bc2c6d97d41b695"><enum>(i)</enum><text>the type and
blend of advanced alternative fuel that can be utilized by vehicles qualifying
as a fuel choice-enabling vehicle;</text>
</clause><clause id="IDbd1b8a227e1f4c85996ff58ece27382a"><enum>(ii)</enum><text>the type and
blend of advanced alternative fuel that can be utilized by specific vehicles in
use as of the date of the enactment of the <short-title>Practical Energy Plan Act of 2011</short-title>;
and</text>
</clause><clause id="ID29674663733649ecbcf20cc08882f995"><enum>(iii)</enum><text>the type and
blend of advanced alternative fuel that can be utilized by new and existing
components of the Nation’s transportation fueling infrastructure for
fuel-choice enabled vehicles.</text>
</clause></subparagraph><subparagraph id="idC23FAC1046AE4611A0B36A5991B31712"><enum>(C)</enum><header>Trigger</header><text>Upon
completion of the certification under subparagraph (B)(i), new light-duty
vehicles may not be classified as fuel choice-enabling vehicles unless the
manufacturer warrants that such vehicles can be operated on fuels described in
subparagraphs (A) and (B) of subsection (a)(4).</text>
</subparagraph></paragraph><paragraph id="ID18380e2e20074f638827071b29b54430"><enum>(3)</enum><header>Drop-in
fuel</header><text>Any drop-in liquid fuel for use in gasoline engines that is
described in section (a)(4)(H) shall also be warranted to operate with fuel
described in subparagraphs (A) and (B) of subsection (a)(4) pursuant to
paragraph (2)(C).</text>
</paragraph><paragraph id="id2AA5BE0F2692490E887BC1B24239CFC8"><enum>(4)</enum><header>Small
manufacturer exemption</header><text>At the request of a manufacturer, the
Secretary of Transportation shall exempt the manufacturer from the requirement
described in paragraph (1) if the manufacturer's annual covered inventory is
fewer than 10,000.</text>
</paragraph><paragraph id="ID5aab2684e7c64677b11aba37ae1423d0"><enum>(5)</enum><header>Credit trading
among manufacturers</header>
<subparagraph id="IDe054a426a7534d56ad44aeca2bc92260"><enum>(A)</enum><header>In
general</header><text>The Secretary may establish, by regulation, a fuel
options standard credit trading program to allow manufacturers whose annual
covered inventory exceeds the requirement described in paragraph (1) to earn
credits to be sold to manufacturers that are unable to achieve the prescribed
requirements.</text>
</subparagraph><subparagraph id="IDd05bcaf1483c4a969b2b113e6e0db566"><enum>(B)</enum><header>Dual fuel
credit</header><text>Beginning in model year 2018, any vehicle used to qualify
for the fuel options standard under this subsection cannot be used to receive
the dual fuel credit under section 32903.</text>
</subparagraph></paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="idFA9608819AE947EC8D0FA1A372143302"><enum>(c)</enum><header>Fuel choice
comparison tool</header><text>The Secretary of Transportation, in consultation
with the Secretary of Energy and the Administrator of the Environmental
Protection Agency, shall develop a model label for pumps in the United States
dispensing advanced alternative fuels to consumers that identifies a single,
readily comprehensible metric that allows consumers to evaluate the relative
value, energy density, and expected vehicle performance of any particular
advanced alternative fuel blend. The Secretary shall make the label available
for voluntary reproduction and
adoption.</text>
</subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</section></subtitle><subtitle id="id9E29559B75F946D29637908C77842799"><enum>D</enum><header>Federal
fleets</header>
<section id="ID8f2a8b8ad06c4d4eb3290b879ec8d624"><enum>131.</enum><header>Department of
Defense alternative fuels contracting</header>
<subsection id="ID39eeb6bc36c24928a1596c51723045d9"><enum>(a)</enum><header>Authority</header><text>Subchapter
II of chapter 173 of title 10, United States Code, is amended by adding at the
end the following:</text>
<quoted-block display-inline="no-display-inline" id="idDB785ECB89E84DC19FB516B35C744D9F" style="USC">
<section id="ID4e7ec0a73d8e46eca51a3d4be7df3466"><enum>2922h.<?LEXA-Enum 2922h.?></enum><header> Liquid fuels: contracts for procurement
of certain transportation fuels</header>
<subsection id="ID8ed98ce675884e6cb2dce472f39f32f9"><enum>(a)</enum><header>Authority To
contract</header><text>The Secretary of Defense may enter into 1 or more
contracts for the procurement of fuels described in subsection (b) for the
Department of Defense.</text>
</subsection><subsection id="IDc97ba99c3a8842738dade7a1f96ce2fe"><enum>(b)</enum><header>Covered
fuels</header><text>A fuel described in this subsection is a liquid
transportation fuel, including jet fuel, that is derived from domestic and
Indian land sources of biomass, coal, or other nonpetroleum products.</text>
</subsection><subsection id="IDec3fdbcb50fe48bf9ca03ca15f11b87c"><enum>(c)</enum><header>Period of
contract</header><text>The period of a contract entered into under subsection
(a) may not exceed 20 years.</text>
</subsection><subsection id="ID4dcc49bd8a2f4c8f83ea29635643956d"><enum>(d)</enum><header>Reports on
contracts</header><text>Not later than 3 years after the date of enactment of
this section, the Secretary of Defense shall submit to Congress a report
assessing the impact of contracting under subsection (a) on the vulnerability
of the Department of Defense to disruptions in the global oil supply, including
an assessment of whether lengthening the maximum authorized period of contract
under subsection (c), could further reduce the vulnerability of the Department
to such
disruptions.</text>
</subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="IDb7e98721e4dd447fb0c8910a4b22ad1a"><enum>(b)</enum><header>Clerical
Amendment</header><text>The table of sections at the beginning of subchapter II
of chapter 173 of such title is amended by adding at the end the
following:</text>
<quoted-block id="id0a5758b2-059c-4e64-9203-2b11129caffb" style="USC">
<toc>
<toc-entry idref="ID4e7ec0a73d8e46eca51a3d4be7df3466" level="section">2922h. Liquid fuels: contracts for procurement of certain
transportation
fuels.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><section id="IDb03691578b00443680009ded42ef8e63"><enum>132.</enum><header>Fuels for
national security agencies</header>
<subsection id="id37B09AE8917A4B13A26A6BACE8E01451"><enum>(a)</enum><header>In
general</header><text display-inline="yes-display-inline">Section 526 of the
Energy Independence and Security Act of 2007 (42 U.S.C. 17142) is amended by
inserting <quote>(other than the Department of Defense, the Department of
Homeland Security, the Department of State, and the National Aeronautics and
Space Administration)</quote> after <quote>Federal agency</quote>.</text>
</subsection><subsection id="ID201bcc033f3f4d1f94363cacca9a5b71"><enum>(b)</enum><header>Sense of
Congress</header><text>It the sense of Congress that national security agencies
not covered by section 526 of the Energy Independence and Security Act of 2007
(42 U.S.C. 17142) are encouraged to use, to the maximum extent practicable,
clean fuels derived from nonpetroleum feedstocks.</text>
</subsection></section><section id="IDda755bd9a4c5404db30594bb0e65b216"><enum>133.</enum><header>Savings from
transportation energy performance contracts</header>
<subsection id="IDd7a7b75ba4a84328b1e37caf995a19f6"><enum>(a)</enum><header>Authority To
enter into contracts</header><text>Section 801(a)(1) of the National Energy
Conservation Policy Act (42 U.S.C. 8287(a)(1)) is amended in the first sentence
by inserting before the period at the end the following: <quote>, including
savings and benefits involving nonbuilding applications</quote>.</text>
</subsection><subsection id="ID1b94e526b5f14371b8030b82cc87c837"><enum>(b)</enum><header>Payment of
costs</header><text>Section 801(a)(2)(B) of the National Energy Conservation
Policy Act (42 U.S.C. 8287(a)(2)(B)) is amended in the first sentence by
striking <quote>for utilities</quote> and inserting <quote>for utilities or
fuel, or both,</quote>.</text>
</subsection><subsection id="ID87e299eb5a5f427fadea30059663576b"><enum>(c)</enum><header>Definitions</header>
<paragraph id="ID472b244bfe94490f8e946b055fd66618"><enum>(1)</enum><header>Energy
savings</header><text>Section 804(2) of the National Energy Conservation Policy
Act (42 U.S.C. 8287c(2)) is amended—</text>
<subparagraph id="IDcc29bce11b384f70b33b774b712bf81b"><enum>(A)</enum><text>in subparagraph
(A), by striking <quote>or other federally owned facilities</quote> each place
it appears and inserting <quote>, other federally owned facilities, or other
buildings or facilities at which an Executive agency pays for
utilities</quote>;</text>
</subparagraph><subparagraph id="ID2f904ea050bc474f87d77de0d99dd282"><enum>(B)</enum><text>in subparagraph
(C)—</text>
<clause id="ID2a58cb392b05455e9400777c0a6f49d3"><enum>(i)</enum><text>by
inserting <quote>(including new hydroelectric generation at Federal dams that
do not have hydroelectric generation facilities)</quote> after
<quote>cogeneration</quote>; and</text>
</clause><clause id="ID581490866fd94f298ed1cb4cad1cb14a"><enum>(ii)</enum><text>by
striking <quote>and</quote> after the semicolon at the end;</text>
</clause></subparagraph><subparagraph id="IDd2798182c6c04d34aa552d92f5a94e29"><enum>(C)</enum><text>in subparagraph
(D), by striking the period at the end and inserting <quote>; and</quote>;
and</text>
</subparagraph><subparagraph id="IDe12547214bda457ebaf24299e211ae58"><enum>(D)</enum><text>by adding at the
end the following:</text>
<quoted-block display-inline="no-display-inline" id="idBD86D5AEB1B34FEEB0ABBCD10B273219" style="OLC">
<subparagraph id="ID5394219c3f0d4ae2899221b7332d9b74"><enum>(E)</enum><text>the increased
efficient use of nonbuilding applications; and</text>
</subparagraph><subparagraph id="IDcdf97e3486d04cf6a07c54bbea4a1663"><enum>(F)</enum><text>the savings
realized from reduced fuel use, including secondary
savings.</text>
</subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subparagraph></paragraph><paragraph id="ID01740c89194742fe9ac0e47fba787154"><enum>(2)</enum><header>Nonbuilding
application; secondary savings</header><text>Section 804 of the National Energy
Conservation Policy Act (42 U.S.C. 8287c) is amended by adding at the end the
following:</text>
<quoted-block display-inline="no-display-inline" id="idED8DADB9F6394FC6B18021524CFD5005" style="OLC">
<paragraph id="ID2d64aac9f0cc4a0ea2f1700b524014c8"><enum>(5)</enum><header>Nonbuilding
application</header><text>The term <term>nonbuilding application</term>
means—</text>
<subparagraph id="ID84867d269f6b45a1b0d9fb21f2e371a3"><enum>(A)</enum><text>any class of
vehicles, devices, or equipment that is transportable under the power of the
applicable vehicle, device, or equipment by land, sea, or air and that consumes
energy from any fuel source for the purpose of—</text>
<clause id="IDa22390a72e0f4f65b17a0dc2c75c687b"><enum>(i)</enum><text>that
transportation; or</text>
</clause><clause id="ID7299e863c7a64f5c8720e1e16a94a5d4"><enum>(ii)</enum><text>maintaining a
controlled environment within the vehicle, device, or equipment; and</text>
</clause></subparagraph><subparagraph id="IDe70677af5aed4c40aae18d7a5fa6bbec"><enum>(B)</enum><text>any federally
owned equipment use to generate electricity or transport water.</text>
</subparagraph></paragraph><paragraph id="IDc9d7d304469141dd80ffa50b05514129"><enum>(6)</enum><header>Secondary
savings</header><text>The term <term>secondary savings</term> means additional
energy, fuel, or cost savings that are a direct consequence of the energy
savings that result from the energy efficiency improvements that are financed
and implemented pursuant to an energy savings performance
contract.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="ID8805b7b5ab884a749e5970541fcf804d"><enum>(d)</enum><header>Guidance</header><text>Not
later than 1 year after the date of enactment of this Act, the Secretary of
Energy, in consultation with the Secretary of Defense and the Administrator of
General Services, shall issue guidance and rules to Executive agencies to
implement the amendments made by this section.</text>
</subsection></section></subtitle><enum>II</enum><header>Energy
efficiency</header>
<subtitle id="idD0F22959D5B94823B8897DAEE04F221B"><enum>A</enum><header>Energy
performance in buildings</header>
<section id="id58F81248C3CF451DA8B9310DEED00A13"><enum>201.</enum><header>Saving energy
in new buildings</header>
<subsection id="ID23a7a9da4d884c42ae6a33b7455542aa"><enum>(a)</enum><header>In
general</header><text>Section 304 of the Energy Conservation and Production Act
(42 U.S.C. 6833) is amended to read as follows:</text>
<quoted-block display-inline="no-display-inline" id="idE5F763930CA74FB59095089B0407AD4C" style="OLC">
<section id="ID4d17d487b06647bf9fa1d7aa208d163a"><enum>304.</enum><header>Updating
building energy efficiency</header>
<subsection id="IDa48ca40b9f1f4c2e834ecbd8858aecdb"><enum>(a)</enum><header>Updating
national model building energy codes</header>
<paragraph id="ID3637cbaf2eb14f10ac05663a7db61497"><enum>(1)</enum><header>Targets</header>
<subparagraph id="ID59ad7ff065124132a3d4d43d027445fc"><enum>(A)</enum><header>In
general</header><text>The Secretary shall support updating the national model
building energy codes and standards at least every 3 years to achieve overall
energy savings, compared to the 2009 IECC for residential buildings and ASHRAE
Standard 90.1–2007 for commercial buildings.</text>
</subparagraph><subparagraph id="IDf0d93058a34c4b609ea39dc3942fffea"><enum>(B)</enum><header>State and local
building energy codes</header><text>The Secretary shall encourage and support
the adoption of building energy codes by States and, as appropriate, local
governments that—</text>
<clause id="id7F5A3934D5624DD4925EE9F89337A862"><enum>(i)</enum><text>meet or exceed
the national model building energy codes; or</text>
</clause><clause id="idC974045F2E654D0582F9C85798D5238C"><enum>(ii)</enum><text>achieve
equivalent or greater energy savings.</text>
</clause></subparagraph><subparagraph id="id6DF47D8496894B91938E50042D61439C"><enum>(C)</enum><header>Minimum
requirements</header><text>The targets for overall energy savings shall be at
least a—</text>
<clause id="ID12e2cafb7bd24e0fb3f2be8efe8dbd34"><enum>(i)</enum><text>15 percent
reduction in energy use relative to a comparable building constructed in
compliance with the 2009 IECC by January 1, 2015;</text>
</clause><clause id="ID44504d36aa844b1d8297fac82c08cb94"><enum>(ii)</enum><text>15 percent
reduction in energy use relative to a comparable building constructed in
compliance with the ASHRAE Standard 90.1–2007 by May 1, 2014;</text>
</clause><clause id="IDfe4a430a2a794c2d82fe71e91d24e0ce"><enum>(iii)</enum><text>30 percent
reduction in energy use relative to a comparable building constructed in
compliance with the 2009 IECC by January 1, 2018; and</text>
</clause><clause id="ID99cf0ef87396446ca36c2553cfbc8845"><enum>(iv)</enum><text>45 percent
reduction in energy use relative to a comparable building constructed in
compliance with the ASHRAE Standard 90.1–2007 by January 1, 2019.</text>
</clause></subparagraph><subparagraph id="ID9db7cb32c8c24022a8dbb4f6c1258777"><enum>(D)</enum><header>Specific
years</header>
<clause id="ID8863a02f8e9042248ea6649cac186309"><enum>(i)</enum><header>In
general</header><text>Targets for specific dates subsequent to the dates
established under clauses (i) and (ii) of subparagraph (C) shall be set by the
Secretary at least 3 years in advance of each target date, coordinated with the
IECC and ASHRAE Standard 90.1 cycles, at the maximum level of energy efficiency
that is technologically feasible and life-cycle cost effective and higher than
the preceding target.</text>
</clause><clause id="ID5c5ce27d16344536985e347a59e721db"><enum>(ii)</enum><header>Different
target years</header>
<subclause id="id7EA602048E0B436F99380352D1E2805B"><enum>(I)</enum><header>In
general</header><text>Subject to paragraph (2)(D), not later than 3 years prior
to implementation of clauses (iii) and (iv) of subparagraph (C), the Secretary
may set a different target date for the targets established under those clauses
if the Secretary determines that the target cannot be met by the target
date.</text>
</subclause><subclause id="IDfaae4c80a6e944e38004b642096ddc97"><enum>(II)</enum><header>Notice</header><text>Not
later than 15 days prior to a determination made under subclause (I), the
Secretary shall inform the Committee on Energy and Natural Resources of the
Senate and the Committee on Energy and Commerce of the House of Representatives
of the determination.</text>
</subclause></clause></subparagraph><subparagraph id="ID625150067c244d85829344f1ab6c0d2c"><enum>(E)</enum><header>Technical
assistance to model code-setting and standard development
organizations</header>
<clause id="ID4c05a34a2c9848a394ccc6a88068139d"><enum>(i)</enum><header>In
general</header><text>The Secretary shall, on a timely basis, provide technical
assistance to model code-setting and standard development organizations.</text>
</clause><clause id="IDc1c481d18309435cae9d1f9c2051389b"><enum>(ii)</enum><header>Assistance</header><text>The
assistance shall, to the maximum extent practicable, include technical
assistance identified by the organizations such as for—</text>
<subclause id="ID40eb7d319adb41c9a4cc2ad7989df773"><enum>(I)</enum><text>evaluating codes
or standards proposals or revisions;</text>
</subclause><subclause id="IDb9ba41a0fa7847ee8f4e6f244d88b6a8"><enum>(II)</enum><text>building energy
analysis and design tools;</text>
</subclause><subclause id="ID667c851a42e34b43a838bbfee88fb2ae"><enum>(III)</enum><text>building
demonstrations; and</text>
</subclause><subclause id="ID2a9d6d041cc64239874a7824b517ffc7"><enum>(IV)</enum><text>design
assistance and training.</text>
</subclause></clause></subparagraph><subparagraph id="ID6d7261a2cba94714a09eeb671739a153"><enum>(F)</enum><header>Amendment
proposals</header>
<clause id="id4C6EBCEF307049B0BCCBB95113488F84"><enum>(i)</enum><header>In
general</header><text>The Secretary shall submit codes and standards amendment
proposals to the model code-setting and standards development organizations,
with supporting evidence, sufficient to enable the national model building
energy codes and standards to meet the targets established under subparagraph
(C).</text>
</clause><clause id="ID67e2d030b5de45eba40ed99690b27783"><enum>(ii)</enum><header>Calculation
methodology</header><text>The Secretary shall make available the calculation
methodology (including input assumptions and data) used by the Secretary to
estimate the energy savings of codes, including proposals and revisions of
codes.</text>
</clause></subparagraph></paragraph><paragraph id="IDfe44e118f710450ea993ecd406ba78e8"><enum>(2)</enum><header>Revision of
building energy use standards</header>
<subparagraph id="IDdf74affa402e405e81cf60a5f844daa2"><enum>(A)</enum><header>In
general</header><text>If the provisions of the IECC or ASHRAE Standard 90.1
regarding building energy use are revised, the Secretary shall make a
determination not later than 180 days after the date of the revision, on
whether the revision will—</text>
<clause id="IDf3efe0dedf25417eaf9cb5eef16544a1"><enum>(i)</enum><text>improve energy
efficiency in buildings; and</text>
</clause><clause id="ID272a26e6589449c8ba67d4bc2916a0bc"><enum>(ii)</enum><text>meet the targets
under paragraph (1).</text>
</clause></subparagraph><subparagraph id="ID7fe645511f6541a19b9d7cba2ef348cd"><enum>(B)</enum><header>Codes or
standards not meeting targets</header>
<clause id="ID2104d18d4da94a48b4cc24e325545532"><enum>(i)</enum><header>In
general</header><text>If the Secretary makes a determination under subparagraph
(A)(ii) that a code or standard does not meet the targets established under
paragraph (1), not later than 1 year after the date of the determination, the
Secretary shall provide the model code or standard developer with proposed
changes that would result in a model code or standard that meets the targets
(including supporting evidence), taking into consideration—</text>
<subclause id="IDd14c534f2cf240acadf3680fc823cc90"><enum>(I)</enum><text>whether the
modified code is technically feasible and life-cycle cost effective; and</text>
</subclause><subclause id="ID9add7679d070495790aeeffcf4b2fce5"><enum>(II)</enum><text>potential costs,
savings, and other benefits for consumer and building owners, including the
impact on overall building ownership and operating costs.</text>
</subclause></clause><clause id="ID7ce8991a185f41cfb39f2fe71de6cf95"><enum>(ii)</enum><header>Consultation
with Secretary</header><text>On receipt of the proposed changes, the model code
or standard developer shall have an additional period of 90 days to provide
input to the Secretary regarding the proposed changes and to consult with the
Secretary before a revised model code or standard is released.</text>
</clause><clause id="ID59176ea034184e9abab23ebb7620feca"><enum>(iii)</enum><header>Implementation
of changes</header>
<subclause id="id0C37C60E13194C399DBCAFE7A89C9B5A"><enum>(I)</enum><header>In
general</header><text>After release of a revised model code or standard, the
Secretary shall grant an additional period of 90 days for the model code or
standard developer to implement the model code or standard developed in
consultation with the Secretary.</text>
</subclause><subclause id="id2599368D949F4061A4531D4B53EB6580"><enum>(II)</enum><header>Modified code
or standard</header><text>If the proposed changes are not incorporated into the
model code or standard of the developer during the 90-day period described in
subclause (I), the Secretary shall establish a modified code or standard that
meets the established targets.</text>
</subclause></clause><clause id="ID4a228d7b6375414b827de05dffaf21c0"><enum>(iv)</enum><header>Administration</header><text>Any
code or standard modified under this subparagraph shall—</text>
<subclause id="ID22d9a1d5e1014e69810c1349f95137c6"><enum>(I)</enum><text>achieve a level
of energy savings that is technologically feasible and life-cycle
cost-effective;</text>
</subclause><subclause id="IDd077956f136d407db8fb076bd8236bba"><enum>(II)</enum><text>be based on the
latest edition of the IECC or ASHRAE Standard 90.1, including any subsequent
amendments, addenda, or additions, but may also consider other model codes or
standards; and</text>
</subclause><subclause id="ID6f1c18b349d14ce79c60bd9fcf455446"><enum>(III)</enum><text>serve as the
baseline for the next determination under subparagraph (A)(i).</text>
</subclause></clause></subparagraph><subparagraph id="IDbd41a1cfd74441958e2e76f08cdf7cc1"><enum>(C)</enum><header>Codes or
standards not updated for 3 years</header>
<clause id="ID7ffc01a85a0e4ec896cabd48eea98093"><enum>(i)</enum><header>In
general</header><text>If the model code or standard is not revised by a target
date under paragraph (1)(C), the Secretary shall, not later than 1 year after
the target date, establish a modified code or standard that meets the targets
under paragraph (1)(C).</text>
</clause><clause id="IDc17c99cff59d4e4282fbff15ce63d0f4"><enum>(ii)</enum><header>Requirements</header><text>Any
modified code or standard shall—</text>
<subclause id="IDdd3d396ccdf24d338681d55d989a0bf8"><enum>(I)</enum><text>achieve a level
of energy savings that is technologically feasible and life-cycle
cost-effective;</text>
</subclause><subclause id="IDadcde1759ea641978ac1919463008176"><enum>(II)</enum><text>be based on the
latest revision of the IECC or ASHRAE Standard 90.1, including any amendments
or additions to the code or standard, but may also consider other model codes
or standards; and</text>
</subclause><subclause id="ID007d051e0f764cf491ee016bdd0f666c"><enum>(III)</enum><text>serve as the
baseline for the next determination under subparagraph (A)(i).</text>
</subclause></clause></subparagraph><subparagraph id="IDf076909edca94cfabd3db865f2c6941e"><enum>(D)</enum><header>Administration</header><text>The
Secretary shall—</text>
<clause id="ID82ba8b0a4cc74913b10d3b4d7f28c050"><enum>(i)</enum><text>provide an
opportunity for public comment on targets, determinations, and modified codes
and standards under this subsection;</text>
</clause><clause id="ID8bb827a66f5e402eacc3aee90b22a1db"><enum>(ii)</enum><text>publish in the
Federal Register notice of targets, determinations, and modified codes and
standards under this subsection; and</text>
</clause><clause id="IDb313b544c4494f029867d9885c961243"><enum>(iii)</enum><text>consult with
key model code-setting and standard development organizations during the code
development process.</text>
</clause></subparagraph></paragraph></subsection><subsection id="ID0326094436134ab58f3c8d3146b8c9be"><enum>(b)</enum><header>Establishing
voluntary model codes</header>
<paragraph id="IDdaceb77640494db799e2a510ab78c50b"><enum>(1)</enum><header>Determination
of voluntary model code</header>
<subparagraph id="ID588434d017884c9b8d2fc246567f68fc"><enum>(A)</enum><header>In
general</header><text>If the Secretary makes an affirmative determination or
establishes a modified code or standard under paragraph (2), the Secretary
shall establish the modified code or standard as the Voluntary Model
Code.</text>
</subparagraph><subparagraph id="idF98BCD11EB044FFFA887A245A31955B0"><enum>(B)</enum><header>State
notification</header><text>The Secretary shall notify each State of the
determination of the Voluntary Model Code not later than 30 days after
establishing or modifying the Code.</text>
</subparagraph></paragraph><paragraph id="ID6605bdca6d814e979641b9a992d01f2d"><enum>(2)</enum><header>Initial
voluntary model code</header><text>As of the date of enactment of the
<short-title>Practical Energy Plan Act of
2011</short-title>, the Voluntary Model Code shall be—</text>
<subparagraph id="IDfe60e9e9abd04f9796a5caf2b837d659"><enum>(A)</enum><text>the 2009 IECC for
residential buildings; and</text>
</subparagraph><subparagraph id="IDe81532b4acab4cca8b9a427b3b2e100f"><enum>(B)</enum><text>the ASHRAE
Standard 90.1–2010 for commercial buildings.</text>
</subparagraph></paragraph></subsection><subsection id="ID716a76e4727e443eafaea5369df5b56f"><enum>(c)</enum><header>State
certification of building energy code updates</header>
<paragraph id="ID66afe1bc84d4465b8c624364311d7550"><enum>(1)</enum><header>Review and
updating of codes by each State</header>
<subparagraph id="ID822ea3e269ee4fd3be3aaa5950856e7e"><enum>(A)</enum><header>In
general</header><text>Not later than 2 years after the date on which the
Voluntary Model Code is established under subsection (b), each State shall
certify to the Secretary whether or not the State has reviewed and updated the
provisions of the residential and commercial building codes of the State
regarding energy efficiency.</text>
</subparagraph><subparagraph id="IDee2961a6d06741bea3a952f0f8912b7d"><enum>(B)</enum><header>Demonstration</header><text>For
a State to be in compliance with this section, the certification under
subparagraph (A) shall include a demonstration that the code provisions that
are in effect throughout the State—</text>
<clause id="IDbddfff8c70b84e13ac901ae9b33dd4e4"><enum>(i)</enum><text>meet or exceed
the Voluntary Model Code; or</text>
</clause><clause id="ID93c4e43aec864a7e98bed5cdd1c2054e"><enum>(ii)</enum><text>achieve
equivalent or greater energy savings.</text>
</clause></subparagraph></paragraph></subsection><subsection id="ID5658903ee03c4b1cabfab6fe255a9f3b"><enum>(d)</enum><header>State
certification of compliance with building codes</header>
<paragraph id="IDa96945248a334babaefb1728eff07fda"><enum>(1)</enum><header>Requirement</header>
<subparagraph id="ID50824a1dc7e0413f8c10e6d82b4f8542"><enum>(A)</enum><header>In
general</header><text>Not later than 3 years after the date of a certification
under subsection (c), each State shall certify whether or not the State
has—</text>
<clause id="ID26b2d81c0c894ef0bf63472625d459a9"><enum>(i)</enum><text>achieved
compliance under paragraph (3) with the certified State building energy code or
the Voluntary Model Code; or</text>
</clause><clause id="ID6d7f4904742f419eaf532eba7f4c52d6"><enum>(ii)</enum><text>made significant
progress under paragraph (4) toward achieving compliance with the certified
State building energy code or the Voluntary Model Code.</text>
</clause></subparagraph><subparagraph id="ID20194a636aef4cf882f129929099d949"><enum>(B)</enum><header>Repeat
certifications</header><text>If a State certifies progress toward achieving
compliance, the State shall repeat the certification each year until the State
certifies that the State has achieved compliance.</text>
</subparagraph></paragraph><paragraph id="ID012343aad63b406fb23d82177278a7d5"><enum>(2)</enum><header>Measurement of
compliance</header><text>A certification under paragraph (1) shall include
documentation of the rate of compliance based on—</text>
<subparagraph id="ID36834a79c87a4cf9a3f17d151a174a33"><enum>(A)</enum><text>independent
inspections of a random sample of the new and renovated buildings covered by
the code in the preceding year; or</text>
</subparagraph><subparagraph id="ID3af63b9a2c6b424b9da71b3aed5606ba"><enum>(B)</enum><text>an alternative
method that yields an accurate measure of compliance.</text>
</subparagraph></paragraph><paragraph id="IDcf26e521da5a42abb073c8abc41263e4"><enum>(3)</enum><header>Achievement of
compliance</header><text>A State shall be considered to achieve compliance
under paragraph (1) if—</text>
<subparagraph id="ID4a5013df9a4c48488dcf0608eec21bb5"><enum>(A)</enum><text>at least 90
percent of new building space covered by the code in the preceding year
substantially meets all the requirements of the code regarding energy
efficiency, or achieves equivalent or greater energy savings; or</text>
</subparagraph><subparagraph id="IDa9797059276540d5bb2d5919f16cb449"><enum>(B)</enum><text>the estimated
excess energy use of new and renovated buildings that did not meet the code in
the preceding year, compared to a baseline of comparable buildings that meet
the code, is not more than 5 percent of the estimated energy use of all new and
renovated buildings covered by the code during the preceding year.</text>
</subparagraph></paragraph><paragraph id="ID4a400883b1b6477999d1662ddcedf90d"><enum>(4)</enum><header>Significant
progress toward achievement of compliance</header>
<subparagraph id="IDde042997b27043cd9f935ce94faec23d"><enum>(A)</enum><header>In
general</header><text>For purposes of paragraph (1), a State shall be
considered to have made significant progress toward achieving compliance if the
State—</text>
<clause id="ID76213e11609746a49853e10cac4fad4f"><enum>(i)</enum><text>has developed and
is implementing a plan for achieving compliance not later than 8 years after
the date of enactment of the <short-title>Practical Energy
Plan Act of 2011</short-title>, assuming continued adequate funding, including
active training and enforcement programs;</text>
</clause><clause id="IDabde9c6d7ed5453197abca31c7ec697f"><enum>(ii)</enum><text>after 1 or more
years of adequate funding, has demonstrated progress, in conformance with the
plan described in clause (i), toward compliance;</text>
</clause><clause id="ID9e751dcb47564b139013745ac8b3601c"><enum>(iii)</enum><text>after 5 or more
years of adequate funding, meets the requirements of paragraph (3) if <quote>80
percent</quote> is substituted for <quote>90 percent</quote> or <quote>10
percent</quote> is substituted for <quote>5 percent</quote>; and</text>
</clause><clause id="ID3214301437334f31969436387cb4256e"><enum>(iv)</enum><text>has not had more
than 8 years of adequate funding.</text>
</clause></subparagraph><subparagraph id="IDbb06cf6f368143128209fff01ea83667"><enum>(B)</enum><header>Adequate
funding</header><text>For purposes of this paragraph, funding shall be
considered adequate if the Federal Government provides to the States at least
$50,000,000 for a fiscal year in funding and support for development and
implementation of State building energy codes, including for training and
enforcement.</text>
</subparagraph><subparagraph id="IDe1dde69a3e504225b46b7f13892a0156"><enum>(C)</enum><header>Technical
assistance to States</header><text>The Secretary shall make available technical
assistance to States to implement this section, including procedures and
technical analysis for States—</text>
<clause id="IDa2779ae6aa52435097c02343f6a538f1"><enum>(i)</enum><text>to demonstrate
that the code provisions of the States achieve equivalent or greater energy
savings than the Voluntary Model Code;</text>
</clause><clause id="IDb9b77094f90349bda2f6c55ac47fb629"><enum>(ii)</enum><text>to document the
rate of compliance with a building energy code; and</text>
</clause><clause id="ID6662f9f40104434e9c1359047c265f17"><enum>(iii)</enum><text>to improve and
implement State residential and commercial building energy efficiency
codes.</text>
</clause></subparagraph><subparagraph id="ID89ed189da5cb4160909b5678d2fd8d89"><enum>(D)</enum><header>Voluntary
advanced codes and standards</header>
<clause id="ID36d4a7565aab464ba11c1e93cd1d2fd4"><enum>(i)</enum><header>In
general</header><text>The Secretary shall support the development of voluntary
advanced model codes and standards for residential and commercial buildings
that achieve energy savings of at least 30 percent compared to the Voluntary
Model Code, for use in—</text>
<subclause id="ID7d4b0dcdeea94a8884b7ca7a2f0e2581"><enum>(I)</enum><text>building
design;</text>
</subclause><subclause id="IDa2a574bc6377486fb4582810582540ff"><enum>(II)</enum><text>voluntary and
market transformation programs;</text>
</subclause><subclause id="IDa6b5d96d5d26408ea05261023f86b562"><enum>(III)</enum><text>incentive
criteria; and</text>
</subclause><subclause id="ID15075a86a28a4e12aae3e677124c09f5"><enum>(IV)</enum><text>voluntary
adoption by States.</text>
</subclause></clause><clause id="ID8de48f5931644a889ebb665fd68f8bf1"><enum>(ii)</enum><header>Updates</header><text>The
voluntary advanced model codes and standards shall be updated at least once
every 3 years.</text>
</clause></subparagraph></paragraph></subsection><subsection id="ID1584fa8d05df4689a2bea486d38f0c16"><enum>(e)</enum><header>Compliance</header>
<paragraph id="ID71e151bf837748cbad812ad1788b5f86"><enum>(1)</enum><header>Validation of
certification</header>
<subparagraph id="idD9CB308BB8014268931B12B69BFE64C0"><enum>(A)</enum><header>In
general</header><text>Subject to subparagraph (B), not later than 60 days after
the date of receipt of certification required by subsection (c), the Secretary
shall inform the submitting State in writing of whether the Secretary validates
the certification and, if not validated, the reasons for not validating the
certification as submitted.</text>
</subparagraph><subparagraph id="idBDC9AE3382B34723B0922F134848965E"><enum>(B)</enum><header>Deferral</header><text>On
the request of the State, the Secretary may defer the validation decision for
an additional 90 days.</text>
</subparagraph><subparagraph id="ID0ebb6822ac824ebdb04d6fe8c830d479"><enum>(C)</enum><header>Noncompliance</header><text>Any
State for which the Secretary has not accepted a certification by a deadline
under subsection (c) or (d) shall be considered out of compliance with this
section.</text>
</subparagraph></paragraph><paragraph id="ID08fa108ca34d4432a5da4405cd253dcb"><enum>(2)</enum><header>Local
government</header><text>In any State that is out of compliance with this
section, a local government may be considered in compliance with this section
by meeting the certification requirements under subsections (c) and (d).</text>
</paragraph><paragraph id="IDbb87c07080da4a1dbaa99dd1e1ccf7d8"><enum>(3)</enum><header>Annual reports
by Secretary</header>
<subparagraph id="IDc3ecaee0b50747a6b0f51ac9124dfbfd"><enum>(A)</enum><header>In
general</header><text>The Secretary shall annually submit to Congress, and
publish in the Federal Register, a report that describes—</text>
<clause id="ID90638311b0944be4b1744057375da021"><enum>(i)</enum><text>the status of
Voluntary Model Codes;</text>
</clause><clause id="ID9316aac344ad4eeaa743ea020997e439"><enum>(ii)</enum><text>the status of
code adoption and compliance in the States; and</text>
</clause><clause id="ID226a36e654944f75be77de95a785a881"><enum>(iii)</enum><text>implementation
of this section.</text>
</clause></subparagraph><subparagraph id="ID66dd5b182f674c338fb5cf79509cb427"><enum>(B)</enum><header>Impacts</header><text>The
report shall include estimates of impacts of past action under this section,
and potential impacts of further action, on lifetime energy use by buildings
and resulting energy costs to individuals and businesses.</text>
</subparagraph></paragraph><paragraph id="ID0f7b67fe43a248e7b160d135944487f8"><enum>(4)</enum><header>Consideration
in grant process</header><text>The Secretary shall consider as a factor of any
grants to be awarded by the Department to States whether or not the State is in
compliance with this section under paragraph (1).</text>
</paragraph></subsection><subsection id="ID517cacd5318e4f4388568cdd91291adc"><enum>(f)</enum><header>Availability of
implementation assistance funding</header>
<paragraph id="IDcdabd3df2be541159b4a14e4c719800e"><enum>(1)</enum><header>In
general</header>
<subparagraph id="ID19c13b95151b4fc695b61bed5e579044"><enum>(A)</enum><header>Requirement</header><text>The
Secretary shall provide implementation assistance funding to States and local
governments to implement this section, and to improve and implement State
residential and commercial building energy efficiency codes, including
increasing and verifying compliance with the codes and training of State and
local building code officials.</text>
</subparagraph><subparagraph id="ID8b3fce548f074fa49b35729509ce595f"><enum>(B)</enum><header>State
actions</header><text>In determining whether, and in what amount, to provide
implementation assistance funding under this subsection, the Secretary shall
consider the actions proposed by the State—</text>
<clause id="IDc544ea318e8742ae9c70d12f62650784"><enum>(i)</enum><text>to implement this
section;</text>
</clause><clause id="ID6debb3d69bbd4b2bbca91f6205d3e5c9"><enum>(ii)</enum><text>to improve and
implement residential and commercial building energy efficiency codes;
and</text>
</clause><clause id="ID161741bca17146e1aa2936965453d978"><enum>(iii)</enum><text>to promote
building energy efficiency through the use of the codes.</text>
</clause></subparagraph></paragraph><paragraph id="IDcbc803db54854f9692838cdb19cc4b78"><enum>(2)</enum><header>Additional
funding</header><text>Additional funding shall be provided under this
subsection for implementation of a plan to achieve and document at least a
90-percent rate of compliance with residential and commercial building energy
efficiency codes, based on energy performance—</text>
<subparagraph id="ID70f01a702dc74603a15d97ac7e9e77f8"><enum>(A)</enum><text>to a State that
is in compliance with this section under subsection (e)(1); and</text>
</subparagraph><subparagraph id="ID9182c798c3f648b0a3caabdd3ef884de"><enum>(B)</enum><text>in a State in
which there is no statewide energy code for residential or commercial
buildings, or in which State codes fail to comply with subparagraph (A), to a
local government that is in compliance with this section under subsection
(e)(2).</text>
</subparagraph></paragraph><paragraph id="IDba66649d39b14afa9b4198cffe814783"><enum>(3)</enum><header>Training</header><text>Of
the amounts made available under this subsection, the State may use amounts
required, but not to exceed $500,000 per State, to train State and local
building code officials to implement and enforce codes described in paragraph
(2).</text>
</paragraph><paragraph id="ID1cea7fd42ce4484aaad0dbd260ed79dd"><enum>(4)</enum><header>Authorization
of appropriations</header><text>There are authorized to be appropriated to
carry out this subsection—</text>
<subparagraph id="IDf0087f2656f84400a45de4bbcb2cc7e1"><enum>(A)</enum><text>$300,000,000 for
each of fiscal years 2012 through 2016; and</text>
</subparagraph><subparagraph id="IDd76f8f7f234143fca74b39c6e6814cae"><enum>(B)</enum><text>such sums as are
necessary for fiscal year 2016 and each fiscal year
thereafter.</text>
</subparagraph></paragraph></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="IDb9c09308fe1c4c09873c8cfa7aa27eb8"><enum>(b)</enum><header>Definition of
IECC</header><text>Section 303 of the Energy Conservation and Production Act
(42 U.S.C. 6832) is amended by adding at the end the following:</text>
<quoted-block display-inline="no-display-inline" id="id34D0026DB76E48A9B2445EB1F28A05BE" style="OLC">
<paragraph id="IDe74a966d02b94f518c5713ddacc15022"><enum>(17)</enum><header>IECC</header><text>The
term <term>IECC</term> means the International Energy Conservation
Code.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><section commented="no" display-inline="no-display-inline" id="IDe74243bab59a47b18af6992a0debb4c4"><enum>202.</enum><header display-inline="yes-display-inline">Enabling homes and buildings energy
retrofits</header>
<subsection commented="no" display-inline="no-display-inline" id="IDa26efff47f1e4e4981f44d4338617640"><enum>(a)</enum><header display-inline="yes-display-inline">Definitions</header><text display-inline="yes-display-inline">In this section:</text>
<paragraph commented="no" display-inline="no-display-inline" id="IDbc2978d99cb44791bd5781885581df64"><enum>(1)</enum><header display-inline="yes-display-inline">Cost</header><text display-inline="yes-display-inline">The term <term>cost</term> has the meaning
given the term in section 502 of the Federal Credit Reform Act of 1990 (2
U.S.C. 661a).</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="ID4eb99c0705e647a29685a34ddf19354f"><enum>(2)</enum><header display-inline="yes-display-inline">Direct loan</header><text display-inline="yes-display-inline">The term <term>direct loan</term> has the
meaning given the term in section 502 of the Federal Credit Reform Act of 1990
(2 U.S.C. 661a).</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="ID3503022d811640f4b771901355380a65"><enum>(3)</enum><header display-inline="yes-display-inline">Loan
guarantee</header><text display-inline="yes-display-inline">The term <term>loan
guarantee</term> has the meaning given the term in section 502 of the Federal
Credit Reform Act of 1990 (2 U.S.C. 661a).</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="ID8f605d921fc44c24b3652fe5b22fd78a"><enum>(4)</enum><header display-inline="yes-display-inline">Program</header><text display-inline="yes-display-inline">The term <term>Program</term> means the
Homes and Buildings Energy Retrofits Program established by subsection
(b).</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="IDdbcb8098f20c48028e7e3bab01f18089"><enum>(5)</enum><header display-inline="yes-display-inline">Secretary</header><text display-inline="yes-display-inline">The term <term>Secretary</term> means the
Secretary of Energy.</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="ID7cd2b72a8f0f4e13b55ad6aee49be0c9"><enum>(6)</enum><header display-inline="yes-display-inline">Security</header><text display-inline="yes-display-inline">The term <term>security</term> has the
meaning given the term in section 2 of the Securities Act of 1933 (15 U.S.C.
77b).</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="ID1ace893d0fd5449ba896c2759b8c8e97"><enum>(7)</enum><header display-inline="yes-display-inline">State</header><text display-inline="yes-display-inline">The term <term>State</term> means—</text>
<subparagraph commented="no" display-inline="no-display-inline" id="IDb58db3f17d8d4433841beaea7bca1aee"><enum>(A)</enum><text display-inline="yes-display-inline">a State;</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="ID4bc699e5296b469783b8c1239bf41d67"><enum>(B)</enum><text display-inline="yes-display-inline">the District of Columbia;</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="ID3470e1514764404bbbb2fb25489441a8"><enum>(C)</enum><text display-inline="yes-display-inline">the Commonwealth of Puerto Rico; and</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="ID9d1184edcfa54b8795e285b453f86f96"><enum>(D)</enum><text display-inline="yes-display-inline">any other territory or possession of the
United States.</text>
</subparagraph></paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="ID77eb78783656490e9fb98bdab0487018"><enum>(b)</enum><header display-inline="yes-display-inline">Establishment</header><text display-inline="yes-display-inline">There is established in the Department of
Energy a program to be known as the Homes and Buildings Energy Retrofits
Program, which shall—</text>
<paragraph commented="no" display-inline="no-display-inline" id="idCD947B914A284DFF8AF84224083C8206"><enum>(1)</enum><text display-inline="yes-display-inline">have annual target energy efficiency
retrofit rates of—</text>
<subparagraph id="IDfe5c0cff6b724578a73e34fce153cdd6"><enum>(A)</enum><text>5 percent for
homes; and</text>
</subparagraph><subparagraph id="ID5ee5abc7a7dc4966a76051cf88f57f02"><enum>(B)</enum><text>2 percent for
commercial buildings; and</text>
</subparagraph></paragraph><paragraph id="idBCF62E220DD244AAB0D89BB1F6549066"><enum>(2)</enum><text>encourage private
lending for energy retrofits.</text>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="ID54be4966036546d69867187c19cb9660"><enum>(c)</enum><header display-inline="yes-display-inline">Eligibility criteria</header>
<paragraph commented="no" display-inline="no-display-inline" id="idD8F3CDD877BD4B8A9A119F3120C72394"><enum>(1)</enum><header display-inline="yes-display-inline">In general</header><text display-inline="yes-display-inline">In administering the Program, the Secretary
shall establish eligibility criteria for applicants for financial assistance
under subsection (d) who can offer financial products and programs consistent
with the purposes of this section.</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="idCC4198483B4A4034AD50588608D4F3A9"><enum>(2)</enum><header display-inline="yes-display-inline">Criteria</header><text display-inline="yes-display-inline">Criteria for applicants shall—</text>
<subparagraph commented="no" display-inline="no-display-inline" id="id3064D6CB22CD4227BBB33EC49660BB77"><enum>(A)</enum><text display-inline="yes-display-inline">take into account—</text>
<clause id="ID3d4d24a938644348a89a978514468938"><enum>(i)</enum><text>expected energy
savings;</text>
</clause><clause id="ID7f71a0f14b9b446ebf657452636136ab"><enum>(ii)</enum><text>percentage
electricity rate increases in areas to be served by the applicant that are
attributable to implementation of environmental controls on power
generation;</text>
</clause><clause commented="no" display-inline="no-display-inline" id="IDa8ed630fe411457790c14a05e3a5bc17"><enum>(iii)</enum><text display-inline="yes-display-inline">the number and type of buildings that can
be served by the applicant, the size of the potential market, and the scope of
the program (in terms of measures or technologies to be used);</text>
</clause><clause commented="no" display-inline="no-display-inline" id="ID0722fc249a914af790fa7ff4c08bf56d"><enum>(iv)</enum><text display-inline="yes-display-inline">the ability of the applicant to
successfully execute the proposed program and maintain the performance of the
proposed projects and investments;</text>
</clause><clause commented="no" display-inline="no-display-inline" id="ID5abbcd28ee184a39b23a068fe77cc25c"><enum>(v)</enum><text display-inline="yes-display-inline">financial criteria, as applicable,
including the ability of the applicant to raise private capital or other
sources of funds for the proposed program;</text>
</clause><clause commented="no" display-inline="no-display-inline" id="ID6c41de214de84834a608aaba06f61aff"><enum>(vi)</enum><text display-inline="yes-display-inline">criteria that enable the Secretary to
determine sound program design, including—</text>
<subclause commented="no" display-inline="no-display-inline" id="ID0ea2a882c92549438200bd3a567174ac"><enum>(I)</enum><text display-inline="yes-display-inline">an assurance of credible energy efficiency
or renewable energy generation performance; and</text>
</subclause><subclause commented="no" display-inline="no-display-inline" id="ID54979020e613443fbeaaa022d601efae"><enum>(II)</enum><text display-inline="yes-display-inline">financial product or program design that
effectively reduces barriers posed by traditional financing programs;</text>
</subclause></clause><clause commented="no" display-inline="no-display-inline" id="IDc791533b90164fb09f307375cd9660da"><enum>(vii)</enum><text display-inline="yes-display-inline">such criteria, standards, guidelines, and
mechanisms as will enable the Secretary, to the maximum extent practicable, to
communicate to program sponsors and originators, servicers, and sellers of
financial obligations the eligibility of loans for resale;</text>
</clause><clause commented="no" display-inline="no-display-inline" id="ID8ff85fcce99744e2850151ed9c7a88db"><enum>(viii)</enum><text display-inline="yes-display-inline">the ability of the applicant to report
relevant data on program performance; and</text>
</clause><clause commented="no" display-inline="no-display-inline" id="ID4366546d2f2c499498de66a4c80abf9f"><enum>(ix)</enum><text display-inline="yes-display-inline">the ability of the applicant to use
incentives or marketing techniques that are likely to result in successful
market penetration; and</text>
</clause></subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="ID0409b0d25bbc42cd9f64b4b49666d99d"><enum>(B)</enum><text display-inline="yes-display-inline">encourage—</text>
<clause commented="no" display-inline="no-display-inline" id="ID412bbfb00f064da9aa3069dfed8d3058"><enum>(i)</enum><text display-inline="yes-display-inline">use of technologies that are either
well-established or new, but demonstrated to be reliable;</text>
</clause><clause commented="no" display-inline="no-display-inline" id="ID5ed6f9e5bc694d459d7b75d63c928717"><enum>(ii)</enum><text display-inline="yes-display-inline">applicants that can offer building owners
or lessees payment plans generally designed to permit the combination of energy
payments and assessments or charges from the installation or payments
associated with financing to be lower than the energy payments prior to
installing energy efficiency measures or on-site renewable energy
technologies;</text>
</clause><clause commented="no" display-inline="no-display-inline" id="ID550e50e8f0fe435ea628aa6aee6e1c46"><enum>(iii)</enum><text display-inline="yes-display-inline">applicants that will use repayment
mechanisms convenient for building owners, such as tax-increment financing,
special tax districts, on-utility-bill repayment, or other mechanisms;</text>
</clause><clause commented="no" display-inline="no-display-inline" id="IDb460a110f737496ca1b79d258910dd2d"><enum>(iv)</enum><text display-inline="yes-display-inline">applicants that can provide convenience for
building owners by combining participation in the lending program with—</text>
<subclause commented="no" display-inline="no-display-inline" id="id72AC2511639B49A390C91AAE54C728AB"><enum>(I)</enum><text display-inline="yes-display-inline">processing for tax credits and other
incentives; and</text>
</subclause><subclause commented="no" display-inline="no-display-inline" id="id2086953E6B6D4E65B2F0DFE874A196FE"><enum>(II)</enum><text display-inline="yes-display-inline">technical assistance in selecting and
working with vendors to provide energy efficiency measures or on-site renewable
energy generation systems;</text>
</subclause></clause><clause commented="no" display-inline="no-display-inline" id="IDa88736c8d2584867b1dad03fcc43d315"><enum>(v)</enum><text display-inline="yes-display-inline">applicants the projects of which will use
contractors that hire within a 50-mile radius of the project, or as close as is
practicable;</text>
</clause><clause commented="no" display-inline="no-display-inline" id="IDae3e0b85beef4634b9792256a729c538"><enum>(vi)</enum><text display-inline="yes-display-inline">applicants that will use materials and
technologies manufactured in the United States;</text>
</clause><clause commented="no" display-inline="no-display-inline" id="IDfdc2189a5f9941748a49f5de411a3bc5"><enum>(vii)</enum><text display-inline="yes-display-inline">partnerships with or other involvement of
State workforce investment boards, labor organizations, community-based
organizations, State-approved apprenticeship programs, and other job training
entities; and</text>
</clause><clause commented="no" display-inline="no-display-inline" id="ID5484ac5773414ba1a26dca45a3d486ea"><enum>(viii)</enum><text display-inline="yes-display-inline">applicants that can provide financing
programs or financial products that mitigate barriers other than the initial
expense of installing measures or technologies, such as unfavorable lease
terms.</text>
</clause></subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="IDe21c1fe1fc824f669136e13484730577"><enum>(3)</enum><header display-inline="yes-display-inline">Diverse portfolio</header><text display-inline="yes-display-inline">In establishing criteria and selecting
applicants to receive financial assistance under subsection (d), the Secretary
shall select a portfolio of investments that reaches a diversity of building
owners and lessees, including—</text>
<subparagraph commented="no" display-inline="no-display-inline" id="id005FDF55D4654E18AB37641728E4C0F6"><enum>(A)</enum><text display-inline="yes-display-inline">individual homeowners or lessees;</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id67A6D826996740C4B4018FCB7F444D99"><enum>(B)</enum><text display-inline="yes-display-inline">multifamily apartment building owners or
lessees;</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="idAFAA3536FA894FC7AB795F40F3ECAD07"><enum>(C)</enum><text display-inline="yes-display-inline">condominium owners associations;</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id42A2BF9365694290939D8AB3557D53D1"><enum>(D)</enum><text display-inline="yes-display-inline">commercial building owners or lessees,
including multi-tenant commercial properties;</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="idF88EE2C809A244C8B2699F2081114D82"><enum>(E)</enum><text display-inline="yes-display-inline">industrial building owners or lessees;
and</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id1BD1E123B63A47D59B2D76BBDF4C4550"><enum>(F)</enum><text display-inline="yes-display-inline">schools, hospitals, and other buildings
designated by the Secretary.</text>
</subparagraph></paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="ID13605d9c6f844827ba442b6cee84e168"><enum>(d)</enum><header display-inline="yes-display-inline">Financial assistance</header>
<paragraph commented="no" display-inline="no-display-inline" id="ID1e3d900eb8c443b39cc06a0b56c3c620"><enum>(1)</enum><header display-inline="yes-display-inline">In general</header><text display-inline="yes-display-inline">For applicants determined to be eligible
under criteria established under subsection (c), the Secretary may provide
financial assistance in the form of direct loans, letters of credit, loan
guarantees, insurance products, other credit enhancements or debt instruments
(including securitization or indirect credit support), or other financial
products to promote the widespread deployment of, and mobilize private sector
support of credit and investment institutions for, energy efficiency measures
and on-site renewable energy generation systems in buildings.</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="ID7091a6385bfe4228813aecfb33f78150"><enum>(2)</enum><header display-inline="yes-display-inline">Financial products</header><text display-inline="yes-display-inline">The Secretary—</text>
<subparagraph commented="no" display-inline="no-display-inline" id="IDfaffb30d1fa0496c8fc4d53edf76f6fa"><enum>(A)</enum><text display-inline="yes-display-inline">in cooperation with Federal, State, local,
and private sector entities, shall develop debt instruments that provide for
the aggregation of, or directly aggregate, programs for the deployment of
energy efficiency measures and on-site renewable energy generation systems on a
scale appropriate for residential, commercial, or industrial applications;
and</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="IDa95ee755adfe410e88f9aecfc42d4a25"><enum>(B)</enum><text display-inline="yes-display-inline">may insure, guarantee, purchase, and make
commitments to purchase any debt instrument associated with the deployment of
clean energy technologies (including subordinated securities) for the purpose
of enhancing the availability of private financing for the deployment of energy
efficiency measures and on-site renewable energy generation systems.</text>
</subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="IDed4067fb24c040ffa4ea738a14a9eedf"><enum>(3)</enum><header display-inline="yes-display-inline">Application review</header>
<subparagraph commented="no" display-inline="no-display-inline" id="ID1de29deb47704fa88fb6e22d26a08876"><enum>(A)</enum><header display-inline="yes-display-inline">In general</header><text display-inline="yes-display-inline">To the maximum extent practicable and
consistent with sound business practices, the Secretary shall seek to expedite
reviews of applications for credit support under this section in order to
communicate to applicants in a timely manner the likelihood of support so that
the applicants can seek private capital in order to receive final
approval.</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id3847CA4598A6436D968F50D1682153E0"><enum>(B)</enum><header display-inline="yes-display-inline">Mechanisms</header><text display-inline="yes-display-inline">In carrying out this paragraph, the
Secretary shall consider using mechanisms such as—</text>
<clause commented="no" display-inline="no-display-inline" id="ID5ee17922411a4207a70703ae8c0fc15b"><enum>(i)</enum><text display-inline="yes-display-inline">a system for conditional pre-approval that
informs applicants that final applicants will be approved, if established
conditions are met;</text>
</clause><clause commented="no" display-inline="no-display-inline" id="ID29c12ac37e74483d9cc62fdb09612cf3"><enum>(ii)</enum><text display-inline="yes-display-inline">clear guidelines that communicate to
applicants what level of performance on eligibility criteria will ensure
approval for credit support or resale;</text>
</clause><clause commented="no" display-inline="no-display-inline" id="ID37ff83102a324ff49a8f791924ba15a7"><enum>(iii)</enum><text display-inline="yes-display-inline">in the case of an applicant portfolio of
more than 300 loans or other financial arrangement, an expedited review based
on statistical sampling to ensure that the loan or other financial arrangement
meets the eligibility criteria; and</text>
</clause><clause commented="no" display-inline="no-display-inline" id="ID58324af0e233452ca0bb84b94f669a46"><enum>(iv)</enum><text display-inline="yes-display-inline">in the case of an applicant with a
demonstrated track record with respect to successfully originating eligible
loans or other financial arrangements and who meets appropriate other criteria
determined by the Secretary, a system for delegating responsibility for meeting
eligibility criteria that includes appropriate protections such as buy-back
mechanisms in the event criteria are determined not to have been met.</text>
</clause></subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="ID0dd90ee338b04d929711050541410a9d"><enum>(C)</enum><header display-inline="yes-display-inline">Disposition of debt or
interest</header><text display-inline="yes-display-inline">The Secretary may
acquire, hold, and sell or otherwise dispose of, pursuant to commitments or
otherwise, any debt associated with the deployment of clean energy technologies
or interest in the debt.</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="ID0ad9a7ab39b1471bbb671bcbe5ac7911"><enum>(D)</enum><header display-inline="yes-display-inline">Pricing</header>
<clause commented="no" display-inline="no-display-inline" id="ID9d574a2affa44ff9a76771a7ab076164"><enum>(i)</enum><header display-inline="yes-display-inline">In general</header><text display-inline="yes-display-inline">The Secretary may establish requirements,
and impose charges or fees, which may be regarded as elements of pricing, for
different classes of applicants, originators, sellers, servicers, or
services.</text>
</clause><clause commented="no" display-inline="no-display-inline" id="ID8731e3fdee1d4911a06b52527de7ae6d"><enum>(ii)</enum><header display-inline="yes-display-inline">Classification of applicants, originators,
sellers and servicers</header><text display-inline="yes-display-inline">For the
purpose of clause (i), the Secretary may classify applicants, originators,
sellers and servicers as necessary to promote transparency and liquidity and
properly characterize the risk of default.</text>
</clause></subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="ID9ab525b3d46f411dadfefc383397e1b2"><enum>(E)</enum><header display-inline="yes-display-inline">Secondary market support</header>
<clause commented="no" display-inline="no-display-inline" id="ID9e6c8a40981b42aba2d262936b1ffe4a"><enum>(i)</enum><header display-inline="yes-display-inline">In general</header><text display-inline="yes-display-inline">The Secretary may lend on the security of,
and make commitments to lend on the security of, any debt that the Secretary
has insured, guaranteed, issued or is authorized to purchase under this
section.</text>
</clause><clause commented="no" display-inline="no-display-inline" id="ID2f0b5868fcab45399a1cb454ffe01f8b"><enum>(ii)</enum><header display-inline="yes-display-inline">Authorized actions</header><text display-inline="yes-display-inline">On such terms and conditions as the
Secretary may prescribe, the Secretary may—</text>
<subclause commented="no" display-inline="no-display-inline" id="IDf09be184b90c4d1fb3b759d41fe27f0c"><enum>(I)</enum><text display-inline="yes-display-inline">give security;</text>
</subclause><subclause commented="no" display-inline="no-display-inline" id="ID78191601ee88408981ebcda691750b19"><enum>(II)</enum><text display-inline="yes-display-inline">insure;</text>
</subclause><subclause commented="no" display-inline="no-display-inline" id="ID01b1ae5a9dcf48e396073fd1c04e29da"><enum>(III)</enum><text display-inline="yes-display-inline">guarantee;</text>
</subclause><subclause commented="no" display-inline="no-display-inline" id="ID8687f230eff7492eb7ffc7a88374ef2b"><enum>(IV)</enum><text display-inline="yes-display-inline">purchase;</text>
</subclause><subclause commented="no" display-inline="no-display-inline" id="ID43f7a7cf4b14453683ae10ed06a52f64"><enum>(V)</enum><text display-inline="yes-display-inline">sell;</text>
</subclause><subclause commented="no" display-inline="no-display-inline" id="IDf32c069a8773473d95bcfbcb5e347626"><enum>(VI)</enum><text display-inline="yes-display-inline">pay interest or other return; and</text>
</subclause><subclause commented="no" display-inline="no-display-inline" id="IDae093fd6c16645b39f4fc5a0bb85ecbc"><enum>(VII)</enum><text display-inline="yes-display-inline">issue notes, debentures, bonds, or other
obligations or securities.</text>
</subclause></clause></subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="IDfc6b474e8a704544861543f13c8f8d17"><enum>(F)</enum><header display-inline="yes-display-inline">Lending activities</header>
<clause commented="no" display-inline="no-display-inline" id="IDd52cfe90c40f4c70874794f2b66fbcb3"><enum>(i)</enum><header display-inline="yes-display-inline">In general</header><text display-inline="yes-display-inline">The Secretary shall determine—</text>
<subclause commented="no" display-inline="no-display-inline" id="ID671757bb2131420390e99666ec6d99ed"><enum>(I)</enum><text display-inline="yes-display-inline">the volume of the lending activities of the
Program; and</text>
</subclause><subclause commented="no" display-inline="no-display-inline" id="ID656d4809a32c4b0598d8b7657e4fb5a8"><enum>(II)</enum><text display-inline="yes-display-inline">the types of loan ratios, risk profiles,
interest rates, maturities, and charges or fees in the secondary market
operations of the Program.</text>
</subclause></clause><clause commented="no" display-inline="no-display-inline" id="ID320ccfc631464937b3542147c9c6577f"><enum>(ii)</enum><header display-inline="yes-display-inline">Objectives</header><text display-inline="yes-display-inline">Determinations under clause (i) shall be
consistent with the objectives of—</text>
<subclause commented="no" display-inline="no-display-inline" id="IDa369a05b0f024b09a6ec57a3e3eee5de"><enum>(I)</enum><text display-inline="yes-display-inline">providing an attractive investment
environment for programs that install energy efficiency measures or on-site
renewable energy generation technologies;</text>
</subclause><subclause commented="no" display-inline="no-display-inline" id="ID3be9c120f7bc43268b73b9f9aedff2d6"><enum>(II)</enum><text display-inline="yes-display-inline">making the operations of the Program
self-supporting over a reasonable time frame;</text>
</subclause><subclause commented="no" display-inline="no-display-inline" id="id72370E038E0A4E79A93566DF355741B9"><enum>(III)</enum><text display-inline="yes-display-inline">encouraging, and not crowding out,
reasonably priced private financing mechanisms and institutions; and</text>
</subclause><subclause commented="no" display-inline="no-display-inline" id="IDdb63726c400e41f8a8f314cf9ec17628"><enum>(IV)</enum><text display-inline="yes-display-inline">advancing the goals established under this
section.</text>
</subclause></clause></subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="ID7e67f11fe0994523a9291d25fbf12535"><enum>(G)</enum><header display-inline="yes-display-inline">Exempt securities</header><text display-inline="yes-display-inline">All securities issued, insured, or
guaranteed by the Secretary shall, to the same extent as securities that are
direct obligations of or obligations guaranteed as to principal or interest by
the United States, be considered to be exempt securities within the meaning of
the laws administered by the Securities and Exchange Commission.</text>
</subparagraph></paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="IDdd684fd9afd84578a99d059c441df3b9"><enum>(e)</enum><header display-inline="yes-display-inline">Periodic reports</header><text display-inline="yes-display-inline">Not later than 1 year after commencement of
operation of the Program and at least biannually thereafter, the Secretary
shall submit to the Committee on Energy and Natural Resources of the Senate and
the Committee on Energy and Commerce of the House of Representatives a report
that includes a description of the Program in meeting the purpose and goals
established by or pursuant to this section.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="ID216e835588ea40dba9de7d7e30361517"><enum>(f)</enum><header display-inline="yes-display-inline">Audits by the Comptroller General</header>
<paragraph commented="no" display-inline="no-display-inline" id="ID5d37819496004083a43c1196aae75f2f"><enum>(1)</enum><header display-inline="yes-display-inline">In general</header><text display-inline="yes-display-inline">The programs, activities, receipts,
expenditures, and financial transactions of the Program shall be subject to
audit by the Comptroller General of the United States under such rules and
regulations as may be prescribed by the Comptroller General.</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="ID3f35949ee16c4f20a50022a98df344dd"><enum>(2)</enum><header display-inline="yes-display-inline">Access</header><text display-inline="yes-display-inline">The representatives of the Government
Accountability Office shall—</text>
<subparagraph commented="no" display-inline="no-display-inline" id="ID02d63032a52e49acab45e99745a0f617"><enum>(A)</enum><text display-inline="yes-display-inline">have access to the personnel and to all
books, accounts, documents, records (including electronic records), reports,
files, and all other papers, automated data, things, or property belonging to,
under the control of, or in use by the Program, or any agent, representative,
attorney, advisor, or consultant retained by the Program, and necessary to
facilitate the audit;</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="ID98438909a7ff48aca2b155b85770a5bc"><enum>(B)</enum><text display-inline="yes-display-inline">be afforded full facilities for verifying
transactions with the balances or securities held by depositories, fiscal
agents, and custodians;</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="ID3207c41cd1104c6fba347ad74d0ffbe3"><enum>(C)</enum><text display-inline="yes-display-inline">be authorized to obtain and duplicate any
such books, accounts, documents, records, working papers, automated data and
files, or other information relevant to the audit without cost to the
Comptroller General; and</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="ID9672350f645343c2ad4d2ca2ad6ecef5"><enum>(D)</enum><text display-inline="yes-display-inline">have the right of access of the Comptroller
General to such information pursuant to section 716(c) of title 31, United
States Code.</text>
</subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="IDf719cb5d60c249d4b6eaf2e01339841c"><enum>(3)</enum><header display-inline="yes-display-inline">Assistance and cost</header>
<subparagraph commented="no" display-inline="no-display-inline" id="ID32085c80e1e44e6fa712b5ab641409b0"><enum>(A)</enum><header display-inline="yes-display-inline">In general</header><text display-inline="yes-display-inline">For the purpose of conducting an audit
under this subsection, the Comptroller General may, in the discretion of the
Comptroller General, employ by contract, without regard to section 3709 of the
Revised Statutes (41 U.S.C. 5), professional services of firms and
organizations of certified public accountants for temporary periods or for
special purposes.</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="IDd348d3c94b004ab1b79126f30dd8d853"><enum>(B)</enum><header display-inline="yes-display-inline">Reimbursement</header>
<clause commented="no" display-inline="no-display-inline" id="ID17170985ff34405e91b6f9bcc7ca14c2"><enum>(i)</enum><header display-inline="yes-display-inline">In general</header><text display-inline="yes-display-inline">On the request of the Comptroller General,
the Secretary shall reimburse the General Accountability Office for the full
cost of any audit conducted by the Comptroller General under this
subsection.</text>
</clause><clause commented="no" display-inline="no-display-inline" id="ID3269c89ce4454b1c95d61b1866d0c121"><enum>(ii)</enum><header display-inline="yes-display-inline">Crediting</header><text display-inline="yes-display-inline">Such reimbursements shall—</text>
<subclause commented="no" display-inline="no-display-inline" id="ID14c78c28008944b8a87ce2aa17d360cd"><enum>(I)</enum><text display-inline="yes-display-inline">be credited to the appropriation account
entitled <quote>Salaries and Expenses, Government Accountability Office</quote>
at the time at which the payment is received; and</text>
</subclause><subclause commented="no" display-inline="no-display-inline" id="ID03449abebcd84202ab6e0fff0b1590a1"><enum>(II)</enum><text display-inline="yes-display-inline">remain available until expended.</text>
</subclause></clause></subparagraph></paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="id25D1164B56F74BECB1F644C317131D7D"><enum>(g)</enum><header display-inline="yes-display-inline">Authorization of
appropriations</header><text display-inline="yes-display-inline">There is
authorized to be appropriated to carry out this section $2,000,000,000.</text>
</subsection></section><section id="H9B523316678B4DD684A4BBF9E5D2A799"><enum>203.</enum><header>Rural energy
savings</header><text display-inline="no-display-inline">Title VI of the Farm
Security and Rural Investment Act of 2002 (7 U.S.C. 7901 note et seq.) is
amended by adding at the end the following:</text>
<quoted-block display-inline="no-display-inline" id="idB4050D82A6554D0DB065E1A0E5AAB66C" style="OLC">
<section id="H8EA20EF9284F4928B456DDDEDF673402"><enum>6407.</enum><header>Rural energy
savings program</header>
<subsection id="H833C3617E5F2440C966B23B56A50B509"><enum>(a)</enum><header>Definitions</header><text>In
this section:</text>
<paragraph id="HE25FCEA5241D4007BF824DC5FA0C6230"><enum>(1)</enum><header>Eligible
entity</header><text>The term <quote>eligible entity</quote> means—</text>
<subparagraph id="HD1971D3A2CB8491FB80E6E8B90BC65AF"><enum>(A)</enum><text>any public power
district, public utility district, or similar entity, or any electric
cooperative described in sections 501(c)(12) or 1381(a)(2)(C) of the Internal
Revenue Code of 1986, that borrowed and repaid, prepaid, or is paying an
electric loan made or guaranteed by the Rural Utilities Service (or any
predecessor agency); or</text>
</subparagraph><subparagraph id="HF4E9134DDB45445E902B7BFABCD8374A"><enum>(B)</enum><text>any entity
primarily owned or controlled by an entity or entities described in
subparagraph (A).</text>
</subparagraph></paragraph><paragraph id="H4576F662C9164A5C92D3D7BFA746F4F0"><enum>(2)</enum><header>Energy
efficiency measures</header><text display-inline="yes-display-inline">The term
<quote>energy efficiency measures</quote> means, for or at property served by
an eligible entity, structural improvements and investments in cost-effective,
commercial technologies to increase energy efficiency.</text>
</paragraph><paragraph id="HAD38D40EC7B848E5AE7551356ED79B07"><enum>(3)</enum><header>Qualified
consumer</header><text>The term <quote>qualified consumer</quote> means a
consumer served by an eligible entity that has the ability to repay a loan made
under subsection (c), as determined by an eligible entity.</text>
</paragraph><paragraph id="H14F7219567CC445393E60D73400C5294"><enum>(4)</enum><header>Secretary</header><text display-inline="yes-display-inline">The term <quote>Secretary</quote> means the
Secretary of Agriculture, acting through the Administrator of the Rural
Utilities Service.</text>
</paragraph></subsection><subsection id="H1DF9F0E0B8434156B26416D26A3786B8"><enum>(b)</enum><header>Loans to
eligible entities</header>
<paragraph id="HFDBF73F1A3264477A519CD19A0685D8A"><enum>(1)</enum><header>In
general</header><text display-inline="yes-display-inline">Subject to paragraph
(2), the Secretary shall make loans to eligible entities that agree to use the
loan funds to make loans to qualified consumers as described in subsection (c)
for the purpose of implementing energy efficiency measures.</text>
</paragraph><paragraph id="HF67452E79DA24532BDE0342A9B67363F"><enum>(2)</enum><header>Requirements</header>
<subparagraph id="HD38410B7FA11416D82603D586D73D499"><enum>(A)</enum><header>In
general</header><text display-inline="yes-display-inline">As a condition to
receiving a loan under this subsection, an eligible entity shall—</text>
<clause id="H33DDA474D8FB4EE49DC257A6315DCDC2"><enum>(i)</enum><text>establish a list
of energy efficiency measures that is expected to decrease energy use or costs
of qualified consumers;</text>
</clause><clause id="H7A3A2EDE852046C6B0E07C8D9E3517FE"><enum>(ii)</enum><text display-inline="yes-display-inline">prepare an implementation plan for use of
the loan funds; and</text>
</clause><clause id="H9778523EEE53485AADCD8D62442F088B"><enum>(iii)</enum><text>provide for
appropriate measurement and verification to ensure the effectiveness of the
energy efficiency loans made by the eligible entity and that there is no
conflict of interest in the carrying out of this section.</text>
</clause></subparagraph><subparagraph id="H07163D73FDE141DD923386E14C2DF593"><enum>(B)</enum><header>Revision of list
of energy efficiency measures</header><text>An eligible entity may update the
list required under subparagraph (A)(i) to account for newly available
efficiency technologies, subject to the approval of the Secretary.</text>
</subparagraph><subparagraph id="H7AA0AB329E394D0EBDA408D88BA859BD"><enum>(C)</enum><header>Existing energy
efficiency programs</header><text display-inline="yes-display-inline">An
eligible entity that, on or before the date of the enactment of this section or
within 60 days after such date, has already established an energy efficiency
program for qualified consumers may use an existing list of energy efficiency
measures, implementation plan, or measurement and verification system of that
program to satisfy the requirements of subparagraph (A) if the Secretary
determines the list, plans, or systems are consistent with the purposes of this
section.</text>
</subparagraph></paragraph><paragraph id="H6F5C9B7B9E864EFDA070BFE64DCE8ACC"><enum>(3)</enum><header>No
interest</header><text>A loan under this subsection shall bear no
interest.</text>
</paragraph><paragraph id="ID16f36dad12584ce0a2cf82aa4bf41c24"><enum>(4)</enum><header>Repayment</header><text>In
the case of a loan made under paragraph (1)—</text>
<subparagraph id="ID1afe4543fd9f4c84be7be6f5ac30907c"><enum>(A)</enum><text>the term shall
not exceed 20 years after the date the loan is closed; and</text>
</subparagraph><subparagraph id="ID295288e712094915af585a4ef3657963"><enum>(B)</enum><text>except as
provided in paragraph (6), the repayment of each advance shall be amortized for
a period of not to exceed 10 years.</text>
</subparagraph></paragraph><paragraph id="ID64e9197720d24bdd97ed63a292914a45"><enum>(5)</enum><header>Amount of
advances</header><text>Any advance of loan funds to an eligible entity in any
single year shall not exceed 50 percent of the approved loan amount.</text>
</paragraph><paragraph id="IDb830083391004ad4948734781a2cfeef"><enum>(6)</enum><header>Special advance
for start-up activities</header>
<subparagraph id="ID0d72f8bf9fde45559af9d78cc53416fb"><enum>(A)</enum><header>In
general</header><text>To assist an eligible entity in defraying appropriate
start-up costs (as determined by the Secretary) of establishing new programs or
modifying existing programs to carry out subsection (d), the Secretary shall
allow an eligible entity to request a special advance.</text>
</subparagraph><subparagraph id="ID9eabaada1ed44cd8aedfbd7e47d34096"><enum>(B)</enum><header>Amount</header><text>No
eligible entity may receive a special advance under this paragraph for an
amount that is more than 4 percent of the loan amount received by the eligible
entity under paragraph (1).</text>
</subparagraph><subparagraph id="ID24f9cba0a9a648a8b84aac339b0e00e6"><enum>(C)</enum><header>Repayment</header><text>Repayment—</text>
<clause id="id20A5C623D2A64FF587404F8525B5B4D0"><enum>(i)</enum><text>shall be required
not later than the end of the 10-year period beginning on the date the advance
is received; and</text>
</clause><clause id="idDEF4AA393F16422DAF7DA557D15BFD7B"><enum>(ii)</enum><text>at the election
of the eligible entity, may be deferred to the end of the 10-year
period.</text>
</clause></subparagraph></paragraph></subsection><subsection id="HB9AA795115F64142B93D4563E7E1E23F"><enum>(c)</enum><header>Loans to
qualified consumers</header>
<paragraph id="H78E13375F73E44E3ABBAB0D6BE96E0E3"><enum>(1)</enum><header>Terms of
loans</header><text>Loans made by an eligible entity to qualified consumers
using loan funds provided by the Secretary under subsection (b)—</text>
<subparagraph id="HA1DBF721058B4300BE90EF64CE0CAF16"><enum>(A)</enum><text>may bear interest,
not to exceed 3 percent, to be used for purposes that include establishing a
loan loss reserve and to offset personnel and program costs of eligible
entities to provide the loans;</text>
</subparagraph><subparagraph id="H8395F9C6D892469984BBC90AE012DAF5"><enum>(B)</enum><text>shall finance
energy efficiency measures for the purpose of decreasing energy usage or costs
of the qualified consumer by an amount such that a loan term of not more than
10 years will not pose an undue financial burden on the qualified consumer, as
determined by the eligible entity;</text>
</subparagraph><subparagraph id="H56362B44BE2042398A679B88DF593388"><enum>(C)</enum><text>shall not be used
to fund energy efficiency measures made to personal property unless the
personal property—</text>
<clause id="idD8CA1B087B20445CA4BFD11D1B133DCC"><enum>(i)</enum><text>is or becomes
attached to real property as a fixture; or</text>
</clause><clause id="idD42D7344580F4365B93E429F5A194905"><enum>(ii)</enum><text>is a
manufactured home;</text>
</clause></subparagraph><subparagraph id="IDb47e45897d85495e9ece9e8359f54dbf"><enum>(D)</enum><text>shall be repaid
through charges added to the electric bill for the property for, or at which,
energy efficiency measures are or will be implemented, on the condition that
this requirement does not prohibit—</text>
<clause id="ID1b06b656f7cc47aeaec8ae73e870060e"><enum>(i)</enum><text>the voluntary
prepayment of a loan by the owner of the property; or</text>
</clause><clause id="ID5feaec66e83b4ad585e1b6dde811537d"><enum>(ii)</enum><text>the use of any
additional repayment mechanisms that are—</text>
<subclause id="ID52a69bda48ef47e382908a71cdf1cbff"><enum>(I)</enum><text>demonstrated to
have appropriate risk mitigation features, as determined by the eligible
entity; or</text>
</subclause><subclause id="ID07227946fc0844ba85033cedc0f2cf7d"><enum>(II)</enum><text>required if the
qualified consumer is no longer a customer of the eligible entity; and</text>
</subclause></clause></subparagraph><subparagraph id="HE0E380C1E6FE40BFB358748C81693022"><enum>(E)</enum><text>shall require an
energy audit by an eligible entity to determine the impact of proposed energy
efficiency measures on the energy costs and consumption of the qualified
consumer.</text>
</subparagraph></paragraph><paragraph id="HFCE66526EEC6437D9B424069F38B6ED6"><enum>(2)</enum><header>Contractors</header><text>In
addition to any other qualified general contractor, eligible entities may serve
as general contractors.</text>
</paragraph></subsection><subsection id="H04EC44AAB14648EB924EE0C833C8C18B"><enum>(d)</enum><header>Measurement and
verification, training, and technical assistance</header>
<paragraph id="H144EB6E7B6704FDDB1C8B50EB2E5BFA6"><enum>(1)</enum><header>Contract
authorized</header><text display-inline="yes-display-inline">Not later than 90
days after the date of enactment of this section, the Secretary—</text>
<subparagraph id="id06F07037C62049F6A595D485E527BBAA"><enum>(A)</enum><text display-inline="yes-display-inline">shall establish a plan for measurement and
verification, training, and technical assistance of the program; and</text>
</subparagraph><subparagraph id="id48DD716FE33D443DA08153D69D98164F"><enum>(B)</enum><text display-inline="yes-display-inline">may enter into 1 or more contracts for the
purposes of—</text>
<clause id="H183BDD7AD1254A8BBD2481EF08F9962D"><enum>(i)</enum><text display-inline="yes-display-inline">providing measurement and verification
activities; and</text>
</clause><clause id="HC264E7F02766444FA78B5542090CD53A"><enum>(ii)</enum><text display-inline="yes-display-inline">developing a program to provide technical
assistance and training to the employees of eligible entities to carry out this
section.</text>
</clause></subparagraph></paragraph><paragraph id="H713766843922413B82F5CE2A73449489"><enum>(2)</enum><header>Use of
subcontractors authorized</header><text>A qualified entity that enters into a
contract under paragraph (1) may use subcontractors to assist the qualified
entity in carrying out the contract.</text>
</paragraph></subsection><subsection commented="no" id="H70340705E5C6435F97E15F3FE827BE32"><enum>(e)</enum><header>Fast start
demonstration projects</header>
<paragraph commented="no" id="H67E3F6CA15584904B60F7E22F257F8D5"><enum>(1)</enum><header>Demonstration
projects authority</header><text>The Secretary may enter into agreements with
eligible entities (or groups of eligible entities) that have energy efficiency
programs described in subsection (b)(2)(C) to establish energy efficiency loan
demonstration projects consistent with the purposes of this section.</text>
</paragraph><paragraph id="ID0c87e3fd1c9348bab3213c83da17ca4a"><enum>(2)</enum><header>Evaluation
criteria</header><text>In determining which eligible entities to award loans
under this section, the Secretary shall take into consideration entities
that—</text>
<subparagraph commented="no" id="H80673B9C7D86464DA6A7C0DCB036350F"><enum>(A)</enum><text>implement
approaches to energy audits or investments in energy efficiency measures that
yield measurable and predictable savings;</text>
</subparagraph><subparagraph commented="no" id="H8DAC08004FE9449290D2DE8995AA58E2"><enum>(B)</enum><text>use measurement
and verification processes to determine the effectiveness of energy efficiency
loans made by eligible entities;</text>
</subparagraph><subparagraph commented="no" id="H98FEDFB474964CEA882D8C7774C79F28"><enum>(C)</enum><text>include training
for employees of eligible entities, including any contractors of such entities,
to implement or oversee the activities described in subparagraphs (A) and
(B);</text>
</subparagraph><subparagraph commented="no" id="HF71EB4D207144A27A9561C73246FDD9A"><enum>(D)</enum><text>provide for the
participation of a majority of eligible entities in a State;</text>
</subparagraph><subparagraph commented="no" id="H47CA7E7533C34426AF30F13213EA1996"><enum>(E)</enum><text>reduce the need
for generating capacity;</text>
</subparagraph><subparagraph commented="no" id="HABC4293302FC4FFC8B5C254D378813EC"><enum>(F)</enum><text>provide efficiency
loans to—</text>
<clause id="H1DCEE489A45247E789DE03520130E64B"><enum>(i)</enum><text display-inline="yes-display-inline">not fewer than 20,000 consumers, in the
case of a single eligible entity; or</text>
</clause><clause id="H73AE058711CC49E2B38B58355A6AFB6C"><enum>(ii)</enum><text display-inline="yes-display-inline">not fewer than 80,000 consumers, in the
case of a group of eligible entities; and</text>
</clause></subparagraph><subparagraph commented="no" id="HC1092420FA8F4BDE90AED728D7B9229F"><enum>(G)</enum><text>serve areas in
which, as determined by the Secretary, a large percentage of consumers
reside—</text>
<clause id="H6D34A9064CA6468CB5122F5D5D150A12"><enum>(i)</enum><text>in
manufactured homes; or</text>
</clause><clause id="H70E6BA5624AD424498973BBDB6D02C73"><enum>(ii)</enum><text>in housing units
that are more than 50 years old.</text>
</clause></subparagraph></paragraph><paragraph commented="no" id="H03548438B42447F29822BB4F5F608A3F"><enum>(3)</enum><header>Deadline for
implementation</header><text display-inline="yes-display-inline">The agreements
required by paragraph (1) shall, to the maximum extent practicable, be entered
into not later than 90 days after the date of enactment of this section.</text>
</paragraph><paragraph commented="no" id="H6AB4733D3CE047E6BAC76233BA73A914"><enum>(4)</enum><header>Effect on
availability of loans nationally</header><text>Nothing in this subsection shall
delay the availability of loans to eligible entities on a national basis
beginning not later than 180 days after the date of enactment of this
section.</text>
</paragraph><paragraph commented="no" id="H5A206530ED4A46E2B73EA41F3A1BCA1D"><enum>(5)</enum><header>Additional
demonstration project authority</header>
<subparagraph commented="no" id="id03915AB589214BDFADD0DCF4487AE4DB"><enum>(A)</enum><header>In
general</header><text>The Secretary may conduct demonstration projects in
addition to the project authorized by paragraph (1).</text>
</subparagraph><subparagraph commented="no" id="idDD24E3119D80449684B8B840886B5CAE"><enum>(B)</enum><header>Inapplicability
of certain criteria</header><text>The additional demonstration projects may be
carried out without regard to subparagraphs (D), (F), or (G) of paragraph
(2).</text>
</subparagraph></paragraph></subsection><subsection id="H8ACFECBF466D4E9798E582D3CA793D9C"><enum>(f)</enum><header>Additional
authority</header><text>The authority provided in this section is in addition
to any authority of the Secretary to offer loans under any other law.</text>
</subsection><subsection id="H9837FFB6BCAB4D01803545531F7B8AF6"><enum>(g)</enum><header>Regulations</header>
<paragraph id="HC8D0E250FC5C426E81E22C160C27EC7B"><enum>(1)</enum><header>In
general</header><text>Except as otherwise provided in this subsection, not
later than 180 days after the date of enactment of this section, the Secretary
shall promulgate such regulations as are necessary to implement this
section.</text>
</paragraph><paragraph id="H8D15FFA52D33420EA17B86C1A42F6F30"><enum>(2)</enum><header>Procedure</header><text>The
promulgation of the regulations and administration of this section shall be
made without regard to—</text>
<subparagraph id="H9AE36FC401D344ECBE9E7665BE47CDB2"><enum>(A)</enum><text>chapter 35 of
title 44, United States Code (commonly known as the <quote>Paperwork Reduction
Act</quote>); and</text>
</subparagraph><subparagraph id="HB876711E0EB8414CA520AF3C8ACB1DFF"><enum>(B)</enum><text>the Statement of
Policy of the Secretary of Agriculture effective July 24, 1971 (36 Fed. Reg.
13804), relating to notices of proposed rulemaking and public participation in
rulemaking.</text>
</subparagraph></paragraph><paragraph id="H696A83F3DFE245D4BB3372758303144C"><enum>(3)</enum><header>Congressional
review of agency rulemaking</header><text>In carrying out this section, the
Secretary shall use the authority provided under section 808 of title 5, United
States Code.</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="H775D0417259B48DFAF5D95F14A044248"><enum>(4)</enum><header>Interim
regulations</header><text display-inline="yes-display-inline">Notwithstanding
paragraphs (1) and (2), to the extent regulations are necessary to carry out
any provision of this section, the Secretary shall implement such regulations
through the promulgation of an interim rule.</text>
</paragraph></subsection><subsection id="H8013450782034C98873D595BFDCD212B"><enum>(h)</enum><header>Authorization of
appropriations</header><text>There is authorized to be appropriated to the
Secretary to carry out this section $760,000,000, to remain available until
expended.</text>
</subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</section></subtitle><subtitle id="id9C2C53AEAB734CBF80F0509C722B7075"><enum>B</enum><header>Federal
properties</header>
<section id="id498A34D595F34C5BAC15765ABA4A6E5D"><enum>211.</enum><header>Energy
efficient Federal buildings</header>
<subsection id="idBD8145F50A414A41B73382B4133E1643"><enum>(a)</enum><header>In
general</header>
<paragraph id="idD14DA27E837345A9B2FE7D83BE17F440"><enum>(1)</enum><header>Requirements</header><text display-inline="yes-display-inline">Section 543 of the National Energy
Conservation Policy Act (42 U.S.C. 8253) is amended—</text>
<subparagraph id="id91B31E1A138948278187A3933E3BB47E"><enum>(A)</enum><text display-inline="yes-display-inline">by redesignating the second subsection (f)
(relating to large capital energy investments) as subsection (g); and</text>
</subparagraph><subparagraph id="id290D3C41A15C4FF0BAE791B1059EF29B"><enum>(B)</enum><text display-inline="yes-display-inline">by adding at the end the following:</text>
<quoted-block display-inline="no-display-inline" id="id5589079BC0074D8C890055F630EE0195" style="OLC">
<subsection id="IDe64be0ecc10749d78656b6a32131e22e"><enum>(h)</enum><header>Energy
efficient Federal buildings</header>
<paragraph id="ID63ecfe3762ea49c38c2ba78edf1c8aa9"><enum>(1)</enum><header>In
general</header><text>To the maximum extent practicable, each Federal agency
shall ensure that any new Federal building is designed in a manner to enhance
energy efficiency, including—</text>
<subparagraph id="idA63C468E2E82451C9DD28092183C316E"><enum>(A)</enum><text>by complying with
paragraphs (2) and (3); and</text>
</subparagraph><subparagraph id="id4F48E861830A42E4A2A7C5836DE2D469"><enum>(B)</enum><text>by identifying
and analyzing impacts from energy usage and alternative energy sources in all
environmental impact statements or similar analyses required under the
<act-name parsable-cite="NEPA69">National Environmental Policy Act of
1969</act-name> (42 U.S.C. 4321 et seq.) for proposals covering new or expanded
Federal facilities.</text>
</subparagraph></paragraph><paragraph id="IDeb1466e4b5ef4da39a9cf39d005f851d"><enum>(2)</enum><header>First
stage</header><text>To the maximum extent practicable, each Federal agency
shall ensure that any Federal building that enters the design phase on or after
January 1, 2012—</text>
<subparagraph id="id1C4B31A444AF45159DC6DA72F6D1BB0F"><enum>(A)</enum><text>is designed to
exceed national building performance standards updated in accordance with
section 304 of the Energy Conservation and Production Act (42 U.S.C.
6833);</text>
</subparagraph><subparagraph id="id8A38DC2E76EF495DA910C73F580C5EEA"><enum>(B)</enum><text>accelerates use
of cost-effective, innovative technologies and strategies to minimize
consumption of energy, water, and materials; and</text>
</subparagraph><subparagraph id="id6E2BFB81EE744101AB1708D897B0E77B"><enum>(C)</enum><text>is located in
accordance with a process that considers sites with convenient access to public
transportation alternatives.</text>
</subparagraph></paragraph><paragraph id="ID6ed0b610209b4644913ab3e67f0049cc"><enum>(3)</enum><header>Second
stage</header><text>To the maximum extent practicable, each Federal agency
shall ensure that any Federal building that enters the design phase on or after
January 1, 2020, is designed to achieve net-zero energy use by January 1,
2030.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subparagraph></paragraph><paragraph id="ID9cc048dbea8f442495841a158e4fb41f"><enum>(2)</enum><header>Conforming
amendments</header><text>Section 305(a)(3) of the Energy Conservation and
Production Act (42 U.S.C. 6834(a)(3)) is amended—</text>
<subparagraph id="id2FBF081E0B4548AAAF1B58746A2C89E5"><enum>(A)</enum><text>by striking
subparagraph (B); and</text>
</subparagraph><subparagraph id="id8CB13FAFDC984A90A9865EB7FD8C5C84"><enum>(B)</enum><text>by redesignating
subparagraphs (C) and (D) as subparagraphs (B) and (C), respectively.</text>
</subparagraph></paragraph></subsection><subsection commented="no" id="ID15ee6afce646444aa8c546f237c5abb7"><enum>(b)</enum><header>Leases</header>
<paragraph commented="no" id="id126A6B1EFE5B4E1FA52405B61767CF1F"><enum>(1)</enum><header>In
general</header><text display-inline="yes-display-inline">Section 435(a) of the
Energy Independence and Security Act of 2007 (42 U.S.C. 17091(a)) is
amended—</text>
<subparagraph commented="no" id="id6E15928C84764F97B45A18572E37F2C8"><enum>(A)</enum><text>by striking
<quote>Except as</quote> and inserting the following:</text>
<quoted-block display-inline="no-display-inline" id="id44D53B6CAA834CA3B15A9570FF242649" style="OLC">
<paragraph commented="no" id="idB2C56C3EDFFD4C27A43A5E5E3513FFE2"><enum>(1)</enum><header>Energy Star
label</header><text>Except as</text>
</paragraph><after-quoted-block>;
and</after-quoted-block></quoted-block>
</subparagraph><subparagraph commented="no" id="ID1e826b0c5abb4d3ab7b10f3e7f8b066a"><enum>(B)</enum><text>by adding at the
end the following:</text>
<quoted-block display-inline="no-display-inline" id="id5F7844803CB045FAAD59C56A78E9D76D" style="OLC">
<paragraph commented="no" id="ID4e152710338843f8bf071262fb8e9b18"><enum>(2)</enum><header>Energy
consumption information</header><text>Effective beginning on the date that is
180 days after the date of enactment of the <short-title>Practical Energy Plan Act of 2011</short-title>, no
Federal agency shall enter into or renew a lease of a commercial building
unless there is clearly and publicly available for the building information
concerning the actual energy consumption of the building for each of the 5 most
recent years for which data are available, in a normalized data format that
permits data comparability, as determined by the Administrator of General
Services.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subparagraph></paragraph><paragraph commented="no" id="IDed13b1e03db64c1f93741635a52fccf5"><enum>(2)</enum><header>Exception</header><text>Section
435(b)(1) of the Energy Independence and Security Act of 2007 (42 U.S.C.
17091(b)(1)) is amended by striking subparagraph (B) and inserting the
following:</text>
<quoted-block display-inline="no-display-inline" id="idA8028DE5FBB94643AD3BB2F32F7B0BC5" style="OLC">
<subparagraph commented="no" id="id2728E239BEB54825B22E0FB75F1D6052"><enum>(B)</enum><text>the
agency—</text>
<clause commented="no" id="id3AABEF14CF4840E6941011E67C3A6F51"><enum>(i)</enum><text>proposes to
remain in the building that the agency has occupied previously; and</text>
</clause><clause commented="no" id="idCAE8386F3A58413BBB7361C52F1C9D43"><enum>(ii)</enum><text>conducts a
cost-benefit analysis that compares—</text>
<subclause commented="no" id="IDcade744736c5408dab06d40bd73f288d"><enum>(I)</enum><text>the financial
savings from moving to a building that meets the standards described in
subsection (a); to</text>
</subclause><subclause commented="no" id="IDb7267e88f14e4a0db602f4b670190b04"><enum>(II)</enum><text>the cost of
relocating personnel and
equipment;</text>
</subclause></clause></subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="ID3648b54a00b4444bac2d7f3925788501"><enum>(c)</enum><header>Congressional
approval of proposed projects</header><text display-inline="yes-display-inline">Section 3307 of title 40, United States
Code, is amended by adding at the end the following:</text>
<quoted-block display-inline="no-display-inline" id="id308B21097BA843F39568C60A21E2B43A" style="OLC">
<subsection id="IDef0881a51e7a4e2f8c8ed64c8638905f"><enum>(i)</enum><header>Availability of
funds for design updates</header>
<paragraph id="IDc782e307c42d4a71a54daf8ef1b5ea09"><enum>(1)</enum><header>In
general</header><text>Subject to paragraph (2), for any project for which
congressional approval is received under subsection (a) and for which the
design has been substantially completed but construction has not begun, the
Administrator of General Services may use appropriated funds to update the
project design to meet applicable Federal building energy efficiency standards
established under section 305 of the Energy Conservation and Production Act (42
U.S.C. 6834) and other requirements established under section 3312.</text>
</paragraph><paragraph id="ID5b73fba8a745486b9c629d877f2b7baa"><enum>(2)</enum><header>Limitation</header><text>The
use of funds under paragraph (1) shall not exceed 125 percent of the estimated
energy or other cost savings associated with the updates as determined by a
life-cycle cost analysis under section 544 of the National Energy Conservation
Policy Act (42 U.S.C.
8254).</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><section id="IDf0bf1f65c7a9496d834bcbf0001777c1"><enum>212.</enum><header>Accelerating
energy savings performance contracts</header><text display-inline="no-display-inline">Section 543(f)(4) of the National Energy
Conservation Policy Act (42 U.S.C. 8253(f)(4)) is amended by striking
<quote>may</quote> and inserting <quote>shall</quote>.</text>
</section><section id="id159A6E87226A40C7A9F7D07909ECCFE8"><enum>213.</enum><header>Sense of
Congress on inclusion of energy efficiency as selection criteria for base
closure and realignment decisions</header><text display-inline="no-display-inline">It is the sense of Congress that the energy
efficiency of military installations, including operating costs, independence
from the energy grid, and utilization of private sector resources and new
technologies, should be one of the criteria used by the Secretary of Defense in
making recommendations for the closure or realignment of military installations
inside the United States under the Base Closure and Realignment Act of 1990
(part A of title XXIX of Public Law 101–510; 10 U.S.C. 2687 note) or any other
provision of law.</text>
</section><section id="idF4663AFC883B49519A699FF4C213F49B"><enum>214.</enum><header>Federal
property realignment and savings</header>
<subsection id="id3A8B346B1F8C444EB6190F328DB4470B"><enum>(a)</enum><header>Definitions</header><text>In
this section—</text>
<paragraph id="idF1BB96E14C3345788DFB1C3A4BA90591"><enum>(1)</enum><text display-inline="yes-display-inline">the term <term>agency</term>—</text>
<subparagraph id="id71E0DD6EA38A4FD9B898492BCD4EB050"><enum>(A)</enum><text display-inline="yes-display-inline">means an Executive agency as defined under
section 105 of title 5, United States Code; and</text>
</subparagraph><subparagraph id="id69926F00C9494FAEA70DF000C1039525"><enum>(B)</enum><text display-inline="yes-display-inline">does not include the United States Postal
Service;</text>
</subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="id04463C186388460883524785C876EB24"><enum>(2)</enum><text>the term
<term>Director</term> means the Director of the Office of Management and
Budget;</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="id33548A5165864C188CF792AA263648B3"><enum>(3)</enum><text>the term
<term>disposal</term> means any action that constitutes the removal of a
property from the Federal inventory or that produces revenue for the Federal
Government from its inventory, including sale, deed, demolition, or
exchange;</text>
</paragraph><paragraph id="ID4db3cc338b3f44598e311b3e7f7fb222"><enum>(4)</enum><text>the term
<term>Federal civilian real property</term>—</text>
<subparagraph id="id10140E7F3F724EE39A38C32E862B68C9"><enum>(A)</enum><text>means Federal
real property assets, including buildings, land, warehouses, facilities, or
other physical structures under the custody and control of any agency that are
used for civilian purposes;</text>
</subparagraph><subparagraph id="id27DF6E8FC0494C1791B57CCA8A2EB9DF"><enum>(B)</enum><text>does not
include—</text>
<clause id="ID6a3f3fe8fede4cfcb8c35e0a042acdf8"><enum>(i)</enum><text>military
installations;</text>
</clause><clause id="ID1b58c9d5b9074652a502cc56d27065a8"><enum>(ii)</enum><text>any property
that is excluded for reasons of national security or homeland security by the
Director;</text>
</clause><clause commented="no" display-inline="no-display-inline" id="IDb17a9b8e5f9e46caa79fa7f745221780"><enum>(iii)</enum><text>any property
that is excepted from the definition of the term <quote>property</quote> under
section 102(9) of title 40, United States Code, however any constructed asset
that may reside upon the property excepted from that definition shall be
included as Federal civilian real property;</text>
</clause><clause id="ID0d8bfbf03e014b3da9a36bf1a525dbd6"><enum>(iv)</enum><text>land managed as
part of the national wildlife refuge system, but not any constructed asset
within or on that land;</text>
</clause><clause id="IDdc8ca29c79aa462abf7cc692eae7d1ee"><enum>(v)</enum><text>Indian lands, as
defined under section 203 of the Public Lands Corps Act of 1993 (16 U.S.C.
1722), but not any constructed asset within or on the land;</text>
</clause><clause id="id3FE1D70F70FB4E9FABAC27A3B92F61D2"><enum>(vi)</enum><text>property
governed by the first section of the Tennessee Valley Authority Act of 1933 (16
U.S.C. 831); or</text>
</clause><clause id="id02C7CDB2DBE34D0A87B7C8D67DD00047"><enum>(vii)</enum><text>real property
owned by the United States Postal Service; and</text>
</clause></subparagraph></paragraph><paragraph id="ID74eb58258e8545f7ae6cd94e019a85bc"><enum>(5)</enum><text>the term
<term>military installation</term>—</text>
<subparagraph id="id3BDE37B6E33441C2A827899297A16ABD"><enum>(A)</enum><text>means a base,
camp, post, station, yard, center, homeport facility for any ship, or other
activity under the jurisdiction of the Department of Defense, including any
leased facility; and</text>
</subparagraph><subparagraph id="id31D9AB5B4BBD4396A0790AAAA7F0CDBD"><enum>(B)</enum><text>does not include
any facility used primarily for civil works, rivers and harbors projects, or
flood control.</text>
</subparagraph></paragraph></subsection><subsection id="id39DBEC8C1A7E415E8ABF5C30715C4CE9"><enum>(b)</enum><header>Interagency
review process</header>
<paragraph id="IDcacb9ccc13064dde930e7a4ba6971240"><enum>(1)</enum><header>Reduction of
inventory</header><text>The General Services Administration shall identify
opportunities for the Federal Government to significantly reduce the inventory
of Federal civilian real property.</text>
</paragraph><paragraph id="ID5d36584570ed41ae851ecc6d9be8e8f3"><enum>(2)</enum><header>Independent
analysis</header>
<subparagraph id="idFD7D6A4E6DA544E2AA7CF48A2B49C17F"><enum>(A)</enum><header>In
general</header><text>The Director shall perform an independent analysis of the
inventory of Federal civilian real property.</text>
</subparagraph><subparagraph id="ID2d2990d43c70438c9c85eda0906a93af"><enum>(B)</enum><header>Recommendations</header><text>To
assist in the analysis, the Director shall obtain recommendations from
agencies, which shall include the identification of—</text>
<clause id="ID7dbcd4ac17d845beaf4bb086ba3fcae1"><enum>(i)</enum><text>Federal civilian
real properties that can be sold for proceeds and otherwise disposed of,
transferred, consolidated, co-located, or reconfigured, so as to reduce the
Federal civilian real property inventory and operating costs of the Federal
Government;</text>
</clause><clause id="ID127754e947504edb90ba6cccb9661414"><enum>(ii)</enum><text>operational
efficiencies that the Federal Government can realize in its operation and
maintenance of Federal civilian real properties;</text>
</clause><clause id="ID4cb194a09ec04010bf49c16e4cad8cf9"><enum>(iii)</enum><text>the anticipated
cost of disposal, transfer, consolidation, co-location, or reconfiguration of
Federal civilian real properties identified under paragraph (1); and</text>
</clause><clause id="IDfc067a9873024d2498624f17b76f5155"><enum>(iv)</enum><text>the
environmental effects of the disposal, transfer, consolidation, co-location, or
reconfiguration of the Federal civil real properties identified under paragraph
(1) and of any reasonable alternatives to such Federal civil real properties,
and potential mitigation of any of the adverse environmental effects.</text>
</clause></subparagraph></paragraph><paragraph id="ID4040560ce5fc44648f350f400cb482f0"><enum>(3)</enum><header>Review of the
recommendations</header><text>In consultation with the Administrator of General
Services and the Secretary of Energy, the Director shall conduct a review of
the recommendations provided by agencies.</text>
</paragraph><paragraph id="id313000AC98A34CF39C2ADBAF1BDC512C"><enum>(4)</enum><header>Final
recommendations</header><text>The Director shall notify each agency of the
final recommendation of the Director of actions to be taken by the agency with
respect to the applicable Federal civilian real property.</text>
</paragraph></subsection><subsection id="IDd9be0942a4954c5c862ea896494be839"><enum>(c)</enum><header>Implementation
of Director recommendations</header>
<paragraph id="id915AD31C6A1C4D4BADD24C68E9A5BE86"><enum>(1)</enum><header>In
general</header><text>Notwithstanding any other provision of law, each agency
shall prepare and carry out each recommendation of the Director.</text>
</paragraph><paragraph id="id97C17D4A8DD74195A1E5848CC561A0FE"><enum>(2)</enum><header>Schedule</header><text>Each
agency shall—</text>
<subparagraph id="idAA6AE98320C84935AA6084C6EFD35771"><enum>(A)</enum><text>begin
preparations to implement recommendations of the Director as soon as
practicable; and</text>
</subparagraph><subparagraph id="idEB970C0D9B5A463789F8190579B2213B"><enum>(B)</enum><text>complete
implementation of all recommendations of the Director not later than the end of
the 5-year period beginning on the date the agency received notification with
respect to the applicable Federal civilian real property.</text>
</subparagraph></paragraph><paragraph id="idFE6BB578A99A4456BAC8EB7845145F4D"><enum>(3)</enum><header>Extenuating
circumstances</header><text>For any recommendation that will take longer than
the 5-year period due to extenuating circumstances, an agency shall notify the
Director as soon as the circumstance occurs with an estimated time to complete
the recommendation. In such cases, the Director may extend the period for
completion of the recommendation for a period of up to an additional 2
years.</text>
</paragraph></subsection><subsection id="IDb81c41c10961488ca4519ffdd7fc827d"><enum>(d)</enum><header>Agency
implementation authority</header><text>In implementing any recommendation under
this section, an agency may—</text>
<paragraph id="ID706cba3848ad4d7e8b388111e3cf3e76"><enum>(1)</enum><text>acquire such
land, construct such replacement facilities, and conduct such advance planning
and design as may be required to transfer functions from 1 location to
another;</text>
</paragraph><paragraph id="ID4a2c6b174441427784b20028c10c4324"><enum>(2)</enum><text>provide
outplacement assistance to civilian employees employed by the agency at a
location subject to a recommendation;</text>
</paragraph><paragraph id="ID64cd5e14d3a04aef819630ad99d9cefc"><enum>(3)</enum><text>carry out
activities for purposes of environmental restoration and mitigation at any such
installation; and</text>
</paragraph><paragraph id="ID26d164e06377467d8a6b55b684b6d937"><enum>(4)</enum><text>reimburse other
agencies for actions performed at the request of the Director with respect to
any such recommendation.</text>
</paragraph></subsection><subsection id="ID85433ae1cdd74bb19cc960ed3f1f25fd"><enum>(e)</enum><header>Specific
authorities</header>
<paragraph id="ID0aefc27ebecc4635af6795f8c8dac1c3"><enum>(1)</enum><header>Authority under
this section</header>
<subparagraph id="id8C425E4CBB8648BD98993D819ED3D296"><enum>(A)</enum><header>In
general</header><text>Notwithstanding any other provision of the laws that
govern the disposal authorities of agencies, all disposals implemented as a
result of a recommendation of the Director shall be implemented in accordance
with this section. If any other disposal authority for an agency is
inconsistent with this section, the provisions of this section shall control
the implementation of a disposal recommended by the Director.</text>
</subparagraph><subparagraph id="id109B2A2D05AC44ECA9163EC968061F95"><enum>(B)</enum><header>Other
authorities</header><text>To the extent that the other disposal authorities are
otherwise consistent with this section, an agency shall implement a
recommendation of the Director to dispose a property by using those other
disposal authorities of the agency, regardless of whether the agency—</text>
<clause id="id772876A2D816483AAF791C80AD74BC7E"><enum>(i)</enum><text>has
been delegated disposal authority by the Administrator of the General Services
Administration under subtitle I of title 40 or subtitle I of title 41, United
States Code;</text>
</clause><clause id="idC518AF1FAB584FBF8E37D969731F21E1"><enum>(ii)</enum><text>has an
independent disposal authority; or</text>
</clause><clause id="idD208711F9E834F7B954AE0274EACCD2C"><enum>(iii)</enum><text>is required to
work in partnership with the General Services Administration property disposal
unit.</text>
</clause></subparagraph></paragraph><paragraph id="ID20bab9f753df4a6d9c0ef79a4bd1d1ad"><enum>(2)</enum><header>Authorized
actions</header><text>In accordance with this subsection, when implementing a
recommendation to consolidate, reconfigure, co-locate, or realign a real
property asset all agencies may take such action as necessary to implement the
recommendations of the Director. Consistent with this section, the Director may
instruct an agency to use the expertise of the General Services Administration
in carrying out a recommended consolidation, reconfiguration, co-location, or
realignment. Consistent with law and available funding, any agency may contract
with the General Services Administration for assistance or consultation on
implementing a recommendation to consolidate, reconfigure, co-locate, or
realign a real property asset.</text>
</paragraph><paragraph id="id1FA9B5AABD2F44CD8B6717B6578F0596"><enum>(3)</enum><header>Suspension of
transactions</header><text>If any Federal civilian real property is identified
as an asset to be disposed, consolidated, reconfigured, or otherwise realigned
in a recommendation of the Director, any transaction with respect to that
property that would prevent a recommendation from being carried out shall be
suspended during a 45-day period beginning on the date of the notification
received by an agency with respect to the applicable Federal civilian real
property.</text>
</paragraph></subsection><subsection id="ID377a300f44714218abf252cc6e769142"><enum>(f)</enum><header>Determinations
regarding certain transactions</header><text>Notwithstanding any other
provision of law, for any transaction identified, recommended, or commenced as
a result of this section, the Director shall determine whether and to what
extent an agency shall implement the transaction consistent with any legal
priorities or requirements to enter into a transaction to convey a Federal
civilian real property for less than fair market value or in a transaction that
mandates the exclusion of other market participants.</text>
</subsection><subsection id="ID44c8da65df744dfe87f38cb03281317a"><enum>(g)</enum><header>Statutes not
applicable</header><text>Notwithstanding any other provision of law, any
recommendation or commencement under this section of a disposal, consolidation,
reconfiguration, co-location, or realignment of civilian real property shall
not be subject to—</text>
<paragraph id="ID9746cf9ee2054cd89d3e19534235133f"><enum>(1)</enum><text>section 545(b)(8)
of title 40, United States Code;</text>
</paragraph><paragraph id="IDb8c456acaf7b4b6aaf46887e637c4712"><enum>(2)</enum><text>sections 550,
554, and 553 of title 40, United States Code;</text>
</paragraph><paragraph id="IDe37634d9a6ba43dc996974dd6e553288"><enum>(3)</enum><text>section 501 of
Public Law 100–77 (42 U.S.C. 11411);</text>
</paragraph><paragraph id="ID9ee0300a0ec147969ea849c39747637e"><enum>(4)</enum><text>any section of An
Act Authorizing the Transfer of Certain Real Property for Wildlife, or other
Purposes (16 U.S.C. 667b);</text>
</paragraph><paragraph id="ID75927de27e064b49a89ed4db256af690"><enum>(5)</enum><text>section 47151 of
title 49, United States Code;</text>
</paragraph><paragraph id="ID8dc21671c33949408fb6480dd10c7df9"><enum>(6)</enum><text>sections 107 and
317 of title 23, United States Code;</text>
</paragraph><paragraph id="ID23e7ca8bc03f481ea43abf62ac9b2ac7"><enum>(7)</enum><text>section 1304(b)
of title 40, United States Code;</text>
</paragraph><paragraph id="ID714bc90883b04afcbdab6e02c3393640"><enum>(8)</enum><text>section 13(d) of
the Surplus Property Act of 1944 (50 U.S.C. App. 1622(d));</text>
</paragraph><paragraph id="IDd18036c64ae440fda99e103949ebcaaf"><enum>(9)</enum><text>any other
provision of law authorizing the conveyance of real property owned by the
Federal Government for no consideration; or</text>
</paragraph><paragraph id="IDa3ed71bd0b8d42819edfffeb6f4bc40f"><enum>(10)</enum><text>any
congressional notification requirement other than that in section 545 of title
40, United States Code.</text>
</paragraph></subsection><subsection id="id3BE17906E20746A8AB3A937BA2647B90"><enum>(h)</enum><header>No restriction
on use of funds</header><text>No provision of law shall be construed as
restricting the use of funds for disposing or realigning Federal civilian real
property in accordance with a recommendation of the Director, except in the
case of a provision of law which specifically refers to a particular asset of
Federal civilian real property and expressly states that such restriction shall
apply to such asset notwithstanding this section.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="idE3BC4C72C88646079B61F1CA6630AE05"><enum>(i)</enum><header>Funding</header>
<paragraph commented="no" display-inline="no-display-inline" id="id22F0A3CF946E4A3B8C0C36CB7F468296"><enum>(1)</enum><header>Definitions</header><text>In
this subsection—</text>
<subparagraph commented="no" display-inline="no-display-inline" id="id40CF87BF37BA451CBB2D39BDA69BA4FA"><enum>(A)</enum><text>the term
<term>gross proceeds</term> means the gross proceeds received from the disposal
of any Federal civilian real property in accordance with a recommendation of
the Director under this section;</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id086C101B426B4B578EBE3002B905417E"><enum>(B)</enum><text>the term
<term>related costs</term> means amounts—</text>
<clause id="idE0E438234B26416BA16E52A858B2D27A"><enum>(i)</enum><text>to
cover the necessary costs associated with—</text>
<subclause id="id713E72E7E6E145DC900512CC73CF24DE"><enum>(I)</enum><text>the disposal of
property;</text>
</subclause><subclause id="idF35A32E36AB34369A6B92C181E23B831"><enum>(II)</enum><text>consolidation,
co-location, and reconfiguration actions; and</text>
</subclause><subclause id="id90B5AA38296C47CEBA493EC67DF1A842"><enum>(III)</enum><text>other actions
taken to otherwise realize operational efficiencies, including such actions as
environmental restoration; and</text>
</subclause></clause><clause commented="no" display-inline="no-display-inline" id="id4617F64FA089417E851EE66DB103DCBD"><enum>(ii)</enum><text>for outplacement
assistance to Federal employees who work at a Federal property that is affected
by actions taken under this section, and whose employment would be terminated
as a result of such disposal, consolidation, or other realignment.</text>
</clause></subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="id31D7FC62C33F4C71A7560525D95B3DF6"><enum>(2)</enum><header>Use of
funds</header>
<subparagraph commented="no" display-inline="no-display-inline" id="id42C3164621BB4B93A1312BCDD3A9888F"><enum>(A)</enum><header>In
general</header><text>The Director shall determine the amounts of gross
proceeds to be deposited—</text>
<clause commented="no" display-inline="no-display-inline" id="id3E433AF443AA4CF2AB86951FC1F1411B"><enum>(i)</enum><text>as miscellaneous
receipts in the General Fund of the United States Treasury; and</text>
</clause><clause commented="no" display-inline="no-display-inline" id="idE0F1E403EF4F45CDA42FC7CE27182B2A"><enum>(ii)</enum><text>in
appropriations accounts of agencies in accordance with subparagraph (B).</text>
</clause></subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="idD338E72D1DDE471292712CD18F55F0B3"><enum>(B)</enum><header>Agency
funding</header><text>Amounts deposited under subparagraph (A)(ii) may be
deposited in an applicable agency appropriation account relating to—</text>
<clause commented="no" display-inline="no-display-inline" id="id26CF4E8982D14260AEEA163DEB8C3C24"><enum>(i)</enum><text>related
costs;</text>
</clause><clause commented="no" display-inline="no-display-inline" id="idFE06E61982A646CF9295062F1EBE47E9"><enum>(ii)</enum><text>real property
management reinvestment; or</text>
</clause><clause commented="no" display-inline="no-display-inline" id="idB90F6ED764E547BE855AA830559590AB"><enum>(iii)</enum><text>the funding of
any program established under section 121, 201, 202, 203, or 221 or an
amendment made by that section.</text>
</clause></subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id0FF8189C89C646449F0BA56611BB6370"><enum>(C)</enum><header>Availability</header><text>Any
amounts deposited in an appropriations account under this subsection—</text>
<clause commented="no" display-inline="no-display-inline" id="id6106C8254D3E4C9C916C7BF669E0EA3C"><enum>(i)</enum><text>shall be
available for any authorized purpose of that account; and</text>
</clause><clause commented="no" display-inline="no-display-inline" id="id5B5DBC88AE394C7A94E4292FF6C02943"><enum>(ii)</enum><text>shall remain
available until expended.</text>
</clause></subparagraph></paragraph></subsection></section></subtitle><subtitle id="id6AA4918C009B4DC08303160DDD19BD68"><enum>C</enum><header>Industrial and
power generation energy efficiency</header>
<section id="id0BDBF45005FD49D58C82C0E524A2D51A"><enum>221.</enum><header>State
partnership industrial energy efficiency revolving loan program</header><text display-inline="no-display-inline">Section 399A of the Energy Policy and
Conservation Act (42 U.S.C. 6371h–1) is amended—</text>
<paragraph id="id4C26C658157B4C44B3FA94051ADF7DA0"><enum>(1)</enum><text display-inline="yes-display-inline">in the section heading, by inserting
<quote><header-in-text level="section" style="OLC">and
industry</header-in-text></quote> before the period at the end;</text>
</paragraph><paragraph id="idBC9415C72E1F406FAA1ACE448868C1CF"><enum>(2)</enum><text>by redesignating
subsections (h) and (i) as subsections (i) and (j), respectively; and</text>
</paragraph><paragraph id="idBE5B4CA7DA4C46C187CD913DF1632FD7"><enum>(3)</enum><text display-inline="yes-display-inline">by inserting after subsection (g) the
following:</text>
<quoted-block display-inline="no-display-inline" id="idB7DE353303C649B6AE524DDE5FF04FE8" style="OLC">
<subsection id="ID8e8d180fa3ea43e88a176a10ab484f87"><enum>(h)</enum><header>State
partnership industrial energy efficiency revolving loan program</header>
<paragraph id="ID79e8acd1d0b64a88b1854f49b9eedb3e"><enum>(1)</enum><header>In
general</header><text>The Secretary shall carry out a program under which the
Secretary shall provide grants to eligible lenders to pay the Federal share of
creating a revolving loan program under which loans are provided to commercial
and industrial manufacturers to implement commercially available technologies
or processes that significantly reduce systems energy intensity, including the
use of energy intensive feedstocks and improved recycling of materials.</text>
</paragraph><paragraph id="ID0875dcc769cd4139aeaadb3376949d90"><enum>(2)</enum><header>Eligible
lenders</header><text>To be eligible to receive cost-matched Federal funds
under this subsection, a lender shall—</text>
<subparagraph id="IDd52f014847084337818244066d5e9975"><enum>(A)</enum><text>be a community or
economic development lender;</text>
</subparagraph><subparagraph id="id4F37F93A01BA46F7A8F55073DF7D87AC"><enum>(B)</enum><text>be part of a
partnership that includes participation by, at a minimum—</text>
<clause id="idCEB7E7A13D974FB3B3023DDAD806B64E"><enum>(i)</enum><text>a
State or local government agency; and</text>
</clause><clause id="id91CA97C731C54177B06A9FB8F8B1BB59"><enum>(ii)</enum><text>a private
financial institution or other provider of loan capital;</text>
</clause></subparagraph><subparagraph id="id7E064756FAB941A280BB0EA7E9B68578"><enum>(C)</enum><text>submit an
application to the Secretary, and receive the approval of the Secretary, for
cost-matched Federal funds to carry out a loan program described in paragraph
(1); and</text>
</subparagraph><subparagraph id="id3DA33F6540DB42DE87EA2E4DD1DCCDB0"><enum>(D)</enum><text>ensure that
non-Federal funds are provided to match, on at least a dollar-for-dollar basis,
the amount of Federal funds that are provided to carry out a revolving loan
program described in paragraph (1).</text>
</subparagraph></paragraph><paragraph id="IDa6c625bbf03049098ab377ba5be314c0"><enum>(3)</enum><header>Award</header><text>The
amount of cost-matched Federal funds provided to an eligible lender shall not
exceed $100,000,000 for any fiscal year.</text>
</paragraph><paragraph id="id6434267E04EA456D9881583BFAD7A740"><enum>(4)</enum><header>Recapture of
awards</header>
<subparagraph id="id49657B05FC2442F38C2CA29028956B40"><enum>(A)</enum><header>In
general</header><text>An eligible lender that receives an award under paragraph
(1) shall be required to repay to the Secretary an amount of cost-match Federal
funds, as determined by the Secretary under subparagraph (B), if the eligible
lender is unable or unwilling to operate a program described in this subsection
for a period of not less than 10 years beginning on the date on which the
eligible lender first receives funds made available through the award.</text>
</subparagraph><subparagraph id="idEEDAD59C670B45A99DFB499C8E9DB787"><enum>(B)</enum><header>Determination
by Secretary</header><text>The Secretary shall determine the amount of
cost-match Federal funds that an eligible lender shall be required to repay to
the Secretary under subparagraph (A) based on the consideration by the
Secretary of—</text>
<clause id="id4BB85388111249F58F74D26008A66EA1"><enum>(i)</enum><text>the amount of
non-Federal funds matched by the eligible lender;</text>
</clause><clause id="id5FF915D3F1A04B8E93158C2DB99D34ED"><enum>(ii)</enum><text>the amount of
loan losses incurred by the revolving loan program described in paragraph (1);
and</text>
</clause><clause id="idAC6D9FCB2BDA466789FBFB89F519ACC4"><enum>(iii)</enum><text>any other
appropriate factor, as determined by the Secretary.</text>
</clause></subparagraph><subparagraph id="id9A9C862681C74611A1E6E6954E2E9701"><enum>(C)</enum><header>Use of
recaptured cost-match Federal funds</header><text>The Secretary may distribute
to eligible lenders under this subsection each amount received by the Secretary
under this paragraph.</text>
</subparagraph></paragraph><paragraph id="IDbba1515eaae74600922eb2a8607b8c26"><enum>(5)</enum><header>Eligible
projects</header><text>A program for which cost-matched Federal funds are
provided under this subsection shall be designed to accelerate the
implementation, at facilities located in the United States, of industrial and
commercial applications of technologies or processes that substantially reduce
the energy intensity of operations or production of the facility, including
reduction of energy intensive feedstocks and improved recycling of materials in
manufacturing.</text>
</paragraph><paragraph id="IDd5b8cffb168c47abbaae4cf5dc46df79"><enum>(6)</enum><header>Evaluation</header><text>The
Secretary shall evaluate applications for cost-matched Federal funds under this
subsection taking into consideration—</text>
<subparagraph id="ID06dd097aea324f73a751f9f8064b87a9"><enum>(A)</enum><text>the commitment to
provide non-Federal funds in accordance with paragraph (2)(D);</text>
</subparagraph><subparagraph id="ID1b0914d3ebbe4eacab59bb6ff5da4564"><enum>(B)</enum><text>the plan of the
program to encourage private lending for energy efficiency upgrades;</text>
</subparagraph><subparagraph id="ID5108ac46a02b428ab4764d5c07682d33"><enum>(C)</enum><text>program economic
sustainability;</text>
</subparagraph><subparagraph id="ID51c0d341242a449292077feb8a8324e4"><enum>(D)</enum><text>the capability of
the applicant to administer the program;</text>
</subparagraph><subparagraph id="IDdf36188317af48dfba585f8151444107"><enum>(E)</enum><text>the quantity of
energy savings or energy feedstock minimization;</text>
</subparagraph><subparagraph id="ID04ccd5a1fa9a413f9ca7bc9c24bc732f"><enum>(F)</enum><text>the energy
intensity of areas to be served by the program;</text>
</subparagraph><subparagraph id="ID56884e4b01c046a0a8a524db219a525b"><enum>(G)</enum><text>percentage
electricity rate increases in areas to be served by the applicant that are
attributable to implementation of environmental controls on existing power
generation facilities and new power generation facilities;</text>
</subparagraph><subparagraph id="ID016fb822ef824695a794a38803aa3cef"><enum>(H)</enum><text>State adoption
and progress on implementation of energy efficiency building codes as
established in section 304 of the Energy Conservation and Production Act (42
U.S.C. 6833); and</text>
</subparagraph><subparagraph id="IDc8d08ba1de7d4689912eb56e1bffd622"><enum>(I)</enum><text>the ability to
fund energy efficient projects on a timely basis after the date of the grant
award.</text>
</subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="IDc3b50f4d5eab494e9f0ca91be641dedf"><enum>(7)</enum><header>Authorization
of appropriations</header><text>There is authorized to be appropriated to carry
out this subsection $500,000,000 for each of fiscal years 2012 through
2016.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></section><section id="ID4d12f5e3703a4560a71cfd1114407a5e"><enum>222.</enum><header>Study of new
source review to encourage energy efficiency</header>
<subsection id="ID22c73343cf5b47babdd87e3e533b37f9"><enum>(a)</enum><header>In
general</header><text>The Comptroller General of the United States shall
conduct a review to examine—</text>
<paragraph id="ID23f5a371780b4e2d98c4e5b8e0caa1ac"><enum>(1)</enum><text>the impact of new
source review requirements under the <act-name parsable-cite="CAA">Clean Air
Act</act-name> (42 U.S.C. 7401 et seq.) and related laws on the ability of
plant owners to improve energy efficiency of regulated major sources, including
power generation for commercial sale and covered industrial sources;</text>
</paragraph><paragraph id="IDed8873ac3f884cbe8da66ffd9f44c706"><enum>(2)</enum><text>the
implementation of new source review requirements by the Administrator of the
Environmental Protection Agency, including transparency and consistency in
measurement and procedures;</text>
</paragraph><paragraph id="IDb51c3180e1e447b2951ea8c770862af7"><enum>(3)</enum><text>the potential to
increase energy efficiency in power generation, including—</text>
<subparagraph id="idE50AD25E693A4653B83A05D4575FA4B5"><enum>(A)</enum><text>likely consumer
rates and emissions (at both the individual facility and system-wide
levels);</text>
</subparagraph><subparagraph id="idE00A3129E7A04B85A1854592FCEB476E"><enum>(B)</enum><text>the impact of the
improvements; and</text>
</subparagraph><subparagraph id="id086AB40D24544A9DAABDD80FCEDF1622"><enum>(C)</enum><text>the impact of new
source review requirements and implementation by the Administrator on achieving
efficiency gains; and</text>
</subparagraph></paragraph><paragraph id="ID2022407183224cbd972899cedb6ecdcc"><enum>(4)</enum><text>existing Federal
programs to improve energy efficiency in power generation applications.</text>
</paragraph></subsection><subsection id="id4211B74211FC4B18A336D40EEB696F5C"><enum>(b)</enum><header>Report</header><text>Not
later than 180 days after the date of enactment of this Act, the Comptroller
General shall submit to the Committee on Energy and Natural Resources of the
Senate and the Committee on Natural Resources of the House of Representatives a
report on the results of the study conducted under subsection (a).</text>
</subsection></section></subtitle><subtitle id="idF533EC355C0C4B64901C37F298DC94BB"><enum>D</enum><header>Procurement,
equipment, and appliance efficiency</header>
<section id="idB0FEB8FA681942EEB151E7B0EA586B44"><enum>231.</enum><header>Appliance and
equipment efficiency</header>
<subsection id="ID424721ce28724f76b49096762a03dcf3"><enum>(a)</enum><header>Coverage</header><text>Section
322(a) of the Energy Policy and Conservation Act (42 U.S.C. 6292(a)) is
amended—</text>
<paragraph id="id5F9F496F8A7042B6824D3E68451CF50D"><enum>(1)</enum><text>by designating
paragraph (20) as paragraph (21); and</text>
</paragraph><paragraph id="id16A772F78C024F12AFD7669736A53FED"><enum>(2)</enum><text>by inserting
after paragraph (19) the following:</text>
<quoted-block display-inline="no-display-inline" id="id3815710B50BE476093717297C13BC398" style="OLC">
<paragraph id="id5C3794D7F5D546B4B14E7D0ACDE87477"><enum>(20)</enum><text>Computer
monitors and displays, personal computers, and cable, satellite, and fiber
optic service set top
boxes.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="IDbf99ab8347784b1dbca882b8d378ae3b"><enum>(b)</enum><header>Energy
conservation standards</header><text>Section 325(l) of the Energy Policy and
Conservation Act (42 U.S.C. 6295(l)) is amended—</text>
<paragraph id="IDd3b20079c7854f59b11493244a1f43d0"><enum>(1)</enum><text>by striking
<quote>paragraph (19)</quote> each place it appears and inserting
<quote>paragraph (21)</quote>;</text>
</paragraph><paragraph id="ID146001e0222c45b79c54a137bf7700fb"><enum>(2)</enum><text>in the first
sentence of paragraph (3), by inserting <quote>and computer monitors and
displays, personal computers, and cable, satellite, and fiber optic service set
top boxes</quote> after <quote>television sets</quote>; and</text>
</paragraph><paragraph id="ID8f040da267694e3e9bc2ee1fb34d1589"><enum>(3)</enum><text>by adding at the
end the following:</text>
<quoted-block display-inline="no-display-inline" id="id151B6ADD5F8A4A6ABC75C83813B92AC3" style="OLC">
<paragraph id="id8DE80E56F4744DE189CC8630A435EA00"><enum>(5)</enum><header>Notice</header><text>If
the Secretary finds that a covered product meets the criteria established under
paragraph (1) but does not establish an energy conservation standard for the
covered product, the Secretary shall submit to the Committee on Energy and
Natural Resources of the Senate and the Committee on Energy and Commerce of the
House of Representatives a notice indicating that the standard has not been
established.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="ID7f315daa656d4a64a90f0cac9a2a2185"><enum>(c)</enum><header>Definition of
industrial equipment</header><text>Section 340(2)(B) of the Energy Policy and
Conservation Act (42 U.S.C. 6311(2)(B)) is amended—</text>
<paragraph id="ID4df03ffbcf414a70918eb28bbc7f522d"><enum>(1)</enum><text>in clause (xi),
by striking <quote>and</quote> at the end;</text>
</paragraph><paragraph id="ID83d1896bff304995a0a568bd1b852bdc"><enum>(2)</enum><text>in clause (xii),
by striking the period at the end and inserting <quote>; and</quote>;
and</text>
</paragraph><paragraph id="IDd3e25d14b830405a9e23065b0a2757f3"><enum>(3)</enum><text>by adding at the
end the following:</text>
<quoted-block display-inline="no-display-inline" id="id4BF605DE1916436A995485CE0F898D2F" style="OLC">
<clause id="idAB2488122F744AB1832B91892133F340" indent="up1"><enum>(xiii)</enum><text>other
equipment.</text>
</clause><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="IDed8224ee98574e40ae872c387c7f973f"><enum>(d)</enum><header>Covered
equipment</header><text>Section 342 of the Energy Policy and Conservation Act
(42 U.S.C. 6313) is amended by adding at the end the following:</text>
<quoted-block display-inline="no-display-inline" id="idB142A58A7F784D4196BA4E18FAE4549C" style="OLC">
<subsection id="ID88b9ff919172434b8334135d0592fc67"><enum>(g)</enum><header>Covered
equipment</header><text>The Secretary shall establish an energy conservation
standard for each type or class of covered equipment described in section
340(1) if—</text>
<paragraph id="idF5F2F01AFD7343C6A3866A49A748184E"><enum>(1)</enum><text>the requirements
of subsections (o) and (p) of section 325 are met for the type or class;</text>
</paragraph><paragraph id="id7E7A74FEF4EB409C91967EF9A106F118"><enum>(2)</enum><text>substantial
improvement in the energy efficiency of products of the type or class is
technologically feasible; and</text>
</paragraph><paragraph id="id8C73B1414B154B658EB6273DF9B081C5"><enum>(3)</enum><text>the application
of a labeling rule or voluntary labeling program to the type or class is not
likely to be sufficient to induce manufacturers to produce, and consumers and
other persons to purchase, covered products of the type or class that achieve
the maximum energy efficiency that is technologically feasible and economically
justified.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="id8F18F94E772649D4AF13394AFBBFBE05"><enum>(e)</enum><header>Report on
efficiency standards for additional consumer products and commercial and
industrial equipment</header><text>Not later than 1 year after the date of
enactment of this Act, the Secretary of Energy shall submit to the Committee on
Energy and Commerce of the House of Representatives and the Committee on Energy
and Natural Resources of the Senate a report that identifies—</text>
<paragraph id="IDa43306c1212f405e8d4a35ade2c30714"><enum>(1)</enum><text>consumer products
and commercial and industrial equipment not covered by efficiency standards (as
of the date of enactment of this Act) that have significant national energy
savings potential (including through usage of natural gas), as determined by
the Secretary;</text>
</paragraph><paragraph id="ID948927cae4774ddba6b5a46175947a26"><enum>(2)</enum><text>levels of
potential energy savings for products and equipment identified under paragraph
(1);</text>
</paragraph><paragraph id="IDb3b9faa541fd42649e753671e21117c9"><enum>(3)</enum><text>which of the
products and equipment identified under paragraph (1) are likely, prima facie,
to qualify as covered under authority of the Secretary in existence on the date
of enactment of this Act, and a plan for formal review of those products and
equipment under existing authority; and</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="IDa6fdfbbaf9ce484fb9679279c869a896"><enum>(4)</enum><text>which of the
products identified under paragraph (1) require additional authority for the
Secretary to be covered.</text>
</paragraph></subsection></section><section id="IDacb7761ce11e4d4f99487ceb6722ad17"><enum>232.</enum><header>Federal
procurement and usage of energy efficient products</header>
<subsection id="id2D5E0F0984CB41A192659E0F81C559BF"><enum>(a)</enum><header>In
general</header><text display-inline="yes-display-inline">Section 553(b) of the
National Energy Conservation Policy Act (42 U.S.C. 8259b(b)) is amended—</text>
<paragraph id="idCD9D29F6DE5C45B1AD894F34693FAB66"><enum>(1)</enum><text display-inline="yes-display-inline">by striking paragraph (1) and inserting the
following:</text>
<quoted-block display-inline="no-display-inline" id="idFEE911B1F2FB40CAA031E7F98F0025BB" style="OLC">
<paragraph id="idA5564342C8F8417EA0BA6CEFD189105F"><enum>(1)</enum><header>Requirement</header><text>Except
as provided in paragraph (4), beginning on the date of enactment of the
<short-title>Practical Energy Plan Act of
2011</short-title>, the head of an agency shall procure, for not less than 95
percent of the new contract actions, task orders, and delivery orders for
products and services (other than for weapon systems) for the agency—</text>
<subparagraph id="idD1FD44617D6C4DF79F3C6EEA7B6EE42C"><enum>(A)</enum><text>an Energy Star
rated product;</text>
</subparagraph><subparagraph id="id1BBFE68FC59E41AC87B75057C9CCD627"><enum>(B)</enum><text>a FEMP designated
product; or</text>
</subparagraph><subparagraph id="ID468abc814bb94c4eb04f87201e1bac8b"><enum>(C)</enum><text>any other highly
energy efficient product that is—</text>
<clause id="id97B124D5BAD345D4AD90A8DB30428862"><enum>(i)</enum><text>reasonably
expected to exceed Energy Star ratings; and</text>
</clause><clause id="id95CE2E0793AE43C89E5FD1F750841B8C"><enum>(ii)</enum><text>procured for the
purposes of testing and demonstrating new technologies to encourage commercial
application.</text>
</clause></subparagraph></paragraph><after-quoted-block>;
and</after-quoted-block></quoted-block>
</paragraph><paragraph id="id20417B0628A440A28993B2FA61FA5AD2"><enum>(2)</enum><text>by adding at the
end the following:</text>
<quoted-block display-inline="no-display-inline" id="idC1E9E39663EA4296910870EC32AAD7F2" style="OLC">
<paragraph id="idF5887484811B4B449273907E561B6504"><enum>(4)</enum><header>Exemption</header><text>Paragraph
(1) shall not apply if there are less than 2 products available that meet
applicable energy efficiency
criteria.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="IDf3f72b51ddac4126a7167044e0c214ac"><enum>(b)</enum><header>Guidance</header><text>Not
later than 1 year after the date of enactment of this Act, the Administrator of
General Services, in consultation with the Secretary of Energy, shall issue
guidance for Executive agencies to employ tools that achieve energy savings
through the use of computer hardware, energy efficiency software, and power
tools.</text>
</subsection><subsection id="ID714b6b07e90e4df5ad52ecf95d3203ee"><enum>(c)</enum><header>Reports on
plans and savings</header><text>Not later than 180 days after the date of the
issuance of the guidance under subsection (b), each Executive agency shall
submit to the Administrator of General Services and make publicly available a
report that describes—</text>
<paragraph id="ID37dc831780f0420caef1baedd6958629"><enum>(1)</enum><text>the plan of the
Executive agency for implementing the guidance within the Executive agency;
and</text>
</paragraph><paragraph id="IDf9f37e951ed4495198b4d507533ff750"><enum>(2)</enum><text>estimated energy
and financial savings from employing the tools described in subsection
(b).</text>
</paragraph></subsection></section></subtitle><enum>III</enum><header>Measurement and
review</header>
<section id="id6A161DA72E8040438D77C55A70174695"><enum>301.</enum><header>Measurement
and review</header>
<subsection id="idB98D5A27B31D41D6A5D3C91D616CE3C2"><enum>(a)</enum><header>In
general</header><text>Not later than 90 days after the date of enactment of
this Act, the Secretary of Energy, in consultation with the Administrator of
the Environmental Protection Agency and the Secretary of Transportation, shall
submit to the appropriate committees of Congress a list of Federal programs
(including programs established or modified under this Act and the amendments
made by this Act), for which the Comptroller General of the United States shall
carry out a study that monitors the progress of the programs in meeting the
energy security, economic competitiveness, and pollution reduction goals under
this Act and the amendments made by this Act.</text>
</subsection><subsection id="idED8F009DBC97454D9BC2C1B42E84895E"><enum>(b)</enum><header>Study</header>
<paragraph id="id4FD24807BC874D3A8B6E21D4C96D0ABC"><enum>(1)</enum><header>In
general</header><text>Not later than 3 years after the date of enactment of
this Act and every 3 years thereafter for the 12-year period beginning on the
date of enactment of this Act, the Comptroller General of the United States
shall—</text>
<subparagraph id="id3F426D383C8F409AA36C21F2E09979BA"><enum>(A)</enum><text>carry out a study
that monitors the progress of the programs described in subsection (a);</text>
</subparagraph><subparagraph id="idA21F6A2B24FC4E0D88257E211D4FFD5A"><enum>(B)</enum><text>submit to the
appropriate committees of Congress a report containing the findings of the
study carried out under this subsection; and</text>
</subparagraph><subparagraph id="ID5d3d73a0c6a741a39de3388c96d35e3a"><enum>(C)</enum><text>publish reports
and, to the maximum extent practicable, accompanying data for public view on
the Internet.</text>
</subparagraph></paragraph><paragraph id="id0ECB804C51984E3C9DA80FCD396646AC"><enum>(2)</enum><header>Contents</header><text>A
study and report carried out under paragraph (1) shall include—</text>
<subparagraph id="id32367A22786C47A3889A86EE07B0735D"><enum>(A)</enum><text>an examination of
the effects the programs described in subsection (a) have had on—</text>
<clause id="id47C64618275F4089ACAF1FE09EBCCB59"><enum>(i)</enum><text>Federal fiscal
issues;</text>
</clause><clause id="id1167A488222C435D8351EAB0D5A98A6B"><enum>(ii)</enum><text>the consumption,
production, and import of oil and petroleum products;</text>
</clause><clause id="idEAD6811D13CD4E02A34FB9F117ED11C0"><enum>(iii)</enum><text>national energy
production and demand;</text>
</clause><clause id="id33931F8666DF42868396F5209DF88068"><enum>(iv)</enum><text>pollution levels
and greenhouse gas emissions;</text>
</clause><clause id="IDdd73956b90c64e938c85c245cd4f2855"><enum>(v)</enum><text>power and fuel
costs;</text>
</clause><clause id="ID3feaba0ec00846efb2b25b328b5a59d9"><enum>(vi)</enum><text>energy intensity
and economic productivity; and</text>
</clause><clause id="id911EC2E7B720453482F4496685EE44AD"><enum>(vii)</enum><text>the advancement
and deployment of technology;</text>
</clause></subparagraph><subparagraph id="id96D0D8A918824B5ABCC25CD50BF6F24D"><enum>(B)</enum><text>any
recommendations of the Comptroller General on improving the performance of the
programs.</text>
</subparagraph></paragraph></subsection></section>