[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5292 Introduced in House (IH)]

<DOC>






117th CONGRESS
  1st Session
                                H. R. 5292

 To amend title XVII of the Energy Policy Act of 2005 to specify that 
the Secretary of Energy may not make a loan guarantee under such title 
for a project if the applicable borrower has previously defaulted on an 
    obligation guaranteed under such title, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           September 17, 2021

  Mr. Young introduced the following bill; which was referred to the 
 Committee on Energy and Commerce, and in addition to the Committee on 
    Science, Space, and Technology, for a period to be subsequently 
   determined by the Speaker, in each case for consideration of such 
 provisions as fall within the jurisdiction of the committee concerned

_______________________________________________________________________

                                 A BILL


 
 To amend title XVII of the Energy Policy Act of 2005 to specify that 
the Secretary of Energy may not make a loan guarantee under such title 
for a project if the applicable borrower has previously defaulted on an 
    obligation guaranteed under such title, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Energy Accountability Act''.

SEC. 2. DISQUALIFICATION OF BORROWERS WHO HAVE PREVIOUSLY DEFAULTED.

    Section 1702 of the Energy Policy Act of 2005 (42 U.S.C. 16512) is 
amended by adding at the end the following:
    ``(r) Disqualification for Previous Defaults.--The Secretary may 
not make a guarantee under this title for a project if the borrower or 
any related or successor entity, as determined by the Secretary, has 
previously defaulted on an obligation guaranteed under this title.''.
                                 <all>