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<dc:title>118 HR 9334 IH: Steel Modernization Act of 2024</dc:title>
<dc:publisher>U.S. House of Representatives</dc:publisher>
<dc:date>2024-08-09</dc:date>
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<dc:language>EN</dc:language>
<dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
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<distribution-code display="yes">I</distribution-code><congress display="yes">118th CONGRESS</congress><session display="yes">2d Session</session><legis-num display="yes">H. R. 9334</legis-num><current-chamber>IN THE HOUSE OF REPRESENTATIVES</current-chamber><action display="yes"><action-date date="20240809">August 9, 2024</action-date><action-desc><sponsor name-id="K000389">Mr. Khanna</sponsor> (for himself, <cosponsor name-id="D000530">Mr. Deluzio</cosponsor>, <cosponsor name-id="K000009">Ms. Kaptur</cosponsor>, <cosponsor name-id="S001215">Ms. Stevens</cosponsor>, <cosponsor name-id="D000624">Mrs. Dingell</cosponsor>, <cosponsor name-id="A000370">Ms. Adams</cosponsor>, <cosponsor name-id="D000230">Mr. Davis of North Carolina</cosponsor>, <cosponsor name-id="B001315">Ms. Budzinski</cosponsor>, <cosponsor name-id="L000562">Mr. Lynch</cosponsor>, <cosponsor name-id="F000477">Mrs. Foushee</cosponsor>, <cosponsor name-id="L000602">Ms. Lee of Pennsylvania</cosponsor>, and <cosponsor name-id="T000488">Mr. Thanedar</cosponsor>) introduced the following bill; which was referred to the <committee-name committee-id="HWM00">Committee on Ways and Means</committee-name>, and in addition to the Committee on <committee-name committee-id="HIF00">Energy and Commerce</committee-name>, 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</action-desc></action><legis-type>A BILL</legis-type><official-title display="yes">To strengthen domestic manufacturing, bring next generation iron and steel back to the United States, and revitalize deindustrialized regions.</official-title></form><legis-body id="H29EF9A1C680749C3B855165CAFD12C8C" style="OLC"><section id="H88745AB6105F4460ADACA24466A1EBBA" section-type="section-one" commented="no"><enum>1.</enum><header>Short title; table of contents</header><subsection id="H26B527AF44244603A605216D3CA3EAB3"><enum>(a)</enum><header>Short title</header><text display-inline="yes-display-inline">This Act may be cited as the <quote><short-title>Steel Modernization Act of 2024</short-title></quote>.</text></subsection><subsection id="H6DEBD8998B4B406E816CEA77E2ECD76A"><enum>(b)</enum><header>Table of contents</header><text display-inline="yes-display-inline">The table of contents for this Act is as follows:</text><toc container-level="legis-body-container" quoted-block="no-quoted-block" lowest-level="section" regeneration="yes-regeneration" lowest-bolded-level="division-lowest-bolded"><toc-entry idref="H88745AB6105F4460ADACA24466A1EBBA" level="section">Sec. 1. Short title; table of contents.</toc-entry><toc-entry idref="H0B424186375146839C62B1CED9839F5C" level="title">Title I—Industrial innovation</toc-entry><toc-entry idref="H6D8DABED913F4C9CA39CA67B335A71BD" level="section">Sec. 101. Covered financial assistance.</toc-entry><toc-entry idref="HD699ED9C1F664E31B02F8AF6AF6CADAA" level="section">Sec. 102. Contract for differences pilot program.</toc-entry><toc-entry idref="H2AC078E8A4D245BDBAEE2DAA3B104EEE" level="section">Sec. 103. Near-zero emissions intensity iron production credit.</toc-entry><toc-entry idref="HD9A9B9BE6B9D4044A561EBA906E4A279" level="section">Sec. 104. Green iron and steel facility energy investment credits.</toc-entry><toc-entry idref="H91D8D448F12140238465F90AFCCAC7B8" level="section">Sec. 105. Study and report on demand generation.</toc-entry><toc-entry idref="HCF9D7A49924A4A47B174F917EF3D8E70" level="section">Sec. 106. Report on strategy to bring zero-greenhouse gas emissions electricity to the electric grid.</toc-entry><toc-entry idref="HC73711866680405294EBA1612446C491" level="section">Sec. 107. Prohibition.</toc-entry><toc-entry idref="HDFDCEF7C60B94BCFBC5708B354CE38D6" level="section">Sec. 108. Definitions.</toc-entry><toc-entry idref="H25AFFB90768344BB83D4FEC766DBD719" level="title">Title II—Tariff on dirty imported steel</toc-entry><toc-entry idref="H10E9FBB41A224BFFBCFA02945B34FAA9" level="section">Sec. 201. Calculation of emissions intensity.</toc-entry><toc-entry idref="H2E4970164A7B41E29AF4916DF24D2C6F" level="section">Sec. 202. Imposition of emissions intensity tariff.</toc-entry><toc-entry idref="H6CFEB69D70EF4576A5ED5CBFFA5F007B" level="section">Sec. 203. Definitions.</toc-entry><toc-entry idref="HB4AB4C3E962344EF8302649A93C3E9FD" level="title">Title III—Expenditure of revenues</toc-entry><toc-entry idref="H852C4B2A94F444A2B78ACABAD12EC3A0" level="section">Sec. 301. Administrative expenses.</toc-entry><toc-entry idref="HCE6C006BD85745F594E74CD91617201F" level="section">Sec. 302. Economic Support Fund.</toc-entry></toc></subsection></section><title id="H0B424186375146839C62B1CED9839F5C"><enum>I</enum><header>Industrial innovation</header><section id="H6D8DABED913F4C9CA39CA67B335A71BD" commented="no"><enum>101.</enum><header>Covered financial assistance</header><subsection id="HECB08145AF834D90A9BD31EBD2355BD6" commented="no"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">The Secretary of Energy shall, subject to the availability of appropriations for such purpose, award eligible entities covered financial assistance in accordance with this section.</text></subsection><subsection id="HC91ECC84735E467A86787E27C482C44E" commented="no"><enum>(b)</enum><header>Covered financial assistance</header><text display-inline="yes-display-inline">The Secretary of Energy may award, on a competitive basis, covered financial assistance to an eligible entity to carry out a project for—</text><paragraph id="HC929EB2DB3D94EDDAB1700EF142D0A70" commented="no"><enum>(1)</enum><text>construction of an eligible facility that will use an advanced industrial iron technology or an advanced industrial steel technology; </text></paragraph><paragraph id="HE89AE66BF3484824A94143C318E2211B" commented="no"><enum>(2)</enum><text display-inline="yes-display-inline">the purchase, installation, or implementation, of an advanced industrial iron technology or an advanced industrial steel technology at an eligible facility;</text></paragraph><paragraph id="H3802D21EA9EA4FC9A05DE58673C0A741" commented="no"><enum>(3)</enum><text display-inline="yes-display-inline">retrofits, upgrades to, or operational improvements at, an eligible facility to install or implement an advanced industrial iron technology or an advanced industrial steel technology at such eligible facility; </text></paragraph><paragraph id="H3DFD5B2FDBA64A78A3F0A5492FDE3430" commented="no"><enum>(4)</enum><text display-inline="yes-display-inline">demonstration of an early-stage advanced industrial iron technology or an early-stage advanced industrial steel technology at an eligible facility; or</text></paragraph><paragraph id="H76F803C996574543B6465CC5B6ACCAB8" commented="no"><enum>(5)</enum><text>engineering studies and other work needed to construct an eligible facility described in paragraph (1) or prepare an eligible facility for activities described in paragraph (2), (3) or (4).</text></paragraph></subsection><subsection id="HFA1CC61D6F284874B8BA4D219EB36EED" commented="no"><enum>(c)</enum><header>Application</header><paragraph id="H559A65B6568F48B98E4B13B9ECB6A73D"><enum>(1)</enum><header>In general</header><text>To be eligible to receive covered financial assistance under this section, an eligible entity shall submit to the Secretary of Energy an application at such time, in such manner, and containing such information as the Secretary may require, including—</text><subparagraph id="H48DE13F80E4146D7863D4D2085FB13CA" commented="no"><enum>(A)</enum><text>a plan for the proposed project, including a description of—</text><clause id="HAD5B3EF61EDF48DBA2201E7653EA5AAF"><enum>(i)</enum><text>the technical and commercial viability of the applicable advanced industrial iron technology or advanced industrial steel technology;</text></clause><clause id="H0AB7CE27E6B84037A63EB4C98DC5DAC0"><enum>(ii)</enum><text>how the project will enable the steel or iron industry to decrease its greenhouse gas emissions; and</text></clause></subparagraph><subparagraph id="H86C15B0714EC43A5B4B6AADE11A7A0F9"><enum>(B)</enum><text display-inline="yes-display-inline">a description of how the eligible entity plans to source domestically produced material, including iron and steel, for all construction related to the proposed project; </text></subparagraph><subparagraph id="H41804538B8D64326807308C28528E853" commented="no" display-inline="no-display-inline"><enum>(C)</enum><text>any new iron, steel, or other metal production capacity expected;</text></subparagraph><subparagraph id="H7A1B1AF7ED7945A88BA06D900F6B85D6" commented="no"><enum>(D)</enum><text>the expected greenhouse gas emissions reductions to be achieved at the eligible facility and the methods for calculating such emissions reductions;</text></subparagraph><subparagraph id="HA9970DB3E0AF475BAF1250ABCF4AD1DA" commented="no"><enum>(E)</enum><text>the expected number of new jobs that will be created;</text></subparagraph><subparagraph id="H920AC5E1044A45C3987EF6C6AA5DDFFF" commented="no"><enum>(F)</enum><text>the expected number of jobs retained that may have otherwise been terminated;</text></subparagraph><subparagraph id="HDEC95891721D4616BE92D1C5F49CA8BD" commented="no"><enum>(G)</enum><text>the expected impact on production and capacity at existing facilities, including any related plans to idle or close a facility or layoff or reduce hours for current employees; </text></subparagraph><subparagraph id="HED9940C8A99A49F5BBED7D42DD0EA446" commented="no"><enum>(H)</enum><text display-inline="yes-display-inline">a breakdown of costs of the project, including a proposed Federal Government share of total costs;</text></subparagraph><subparagraph id="HB8B4338014C149068432335A19093623" commented="no"><enum>(I)</enum><text>a plan to recruit and train, and provide employment and advancement for women, people of color, people of lower economic status, and other minorities; </text></subparagraph><subparagraph id="H3A691A52364548EEA23DE371C5C6684C" commented="no"><enum>(J)</enum><text>assurances that all laborers and mechanics employed by the eligible entity or any contractor or subcontractor in the performance of construction, alteration, or repair work (including retrofits, upgrades, and any other improvements) carried out, in whole or in part, with covered financial assistance made available under this Act shall be paid wages at rates not less than those prevailing on projects of a character similar in the locality as determined by the Secretary of Labor in accordance with subchapter IV of <external-xref legal-doc="usc-chapter" parsable-cite="usc-chapter/40/31">chapter 31</external-xref> of title 40, United States Code. With respect to the labor standards specified in this subsection, the Secretary of Labor shall have the authority and functions set forth in Reorganization Plan Numbered 14 of 1950 (64 Stat. 1267; 5 U.S.C. App.) and section 3145 of title 40, United States Code;</text></subparagraph><subparagraph id="H80ADACE96BA7475DB70C1A09AC6092A4" commented="no"><enum>(K)</enum><text>with respect to any eligible facility for which the total estimated cost of the construction contract is $25,000,000 or more, an assurance that every contractor and subcontractor engaged in the construction on the project agree, for that project, to negotiate or become a party to a project labor agreement as that term is defined in section 22.502 of title 48, Code of Federal Regulations; and</text></subparagraph><subparagraph id="HBAF1D6E0AA8E46E3BC69AB8B9C4CC9D5" commented="no"><enum>(L)</enum><text display-inline="yes-display-inline">for eligible entities that are applying for more than $50,000,000 of covered financial assistance under this section—</text><clause id="HF494300D7CC94672A6A1A13C64805BC3" commented="no"><enum>(i)</enum><text>a plan for how the eligibly entity will carry out the training program described in subsection (g)(1);</text></clause><clause id="H3D566321554D42D6B9E9F104608CB20D" commented="no"><enum>(ii)</enum><text>a community benefits plan that meets the requirements of subsection (h); and</text></clause><clause id="HD1B7C80BDEE94723BD15C6E9ACAF5492" commented="no"><enum>(iii)</enum><text display-inline="yes-display-inline">a commitment and plan to conduct town halls with local communities, including frontline communities, membership-based nonprofit organizations with members in the community, and labor organizations, and get letters of support from community groups representing a broad range of constituencies that demonstrate that the groups understand the eligible entity’s planned project and agree to it. </text></clause></subparagraph></paragraph><paragraph id="H43917051599B42258189AD1752F6F866"><enum>(2)</enum><header>Evaluation criteria</header><text>The Secretary of Energy shall publish criteria on evaluating applications submitted under this subsection.</text></paragraph></subsection><subsection id="HFBD180C0BA1C4659AFB833ECE18F7111" commented="no"><enum>(d)</enum><header>Requirements for awardees</header><paragraph id="HE0F952A651954C3E867C23FBDF3055E8" commented="no"><enum>(1)</enum><header>Production and emission intensity requirements</header><subparagraph id="H054660937A9C4C3E8300CBCD544398EB" commented="no"><enum>(A)</enum><header>In general</header><text>An eligible facility with respect to which covered financial assistance under this section is awarded shall—</text><clause id="HB6FE914D23B9401A9AD88F399F9E181C" commented="no"><enum>(i)</enum><text display-inline="yes-display-inline">begin production of near-zero emissions intensity steel or near-zero emissions intensity iron not later than the earlier of—</text><subclause id="H925876ACEE674B63B97FF3A74B7F2FFE"><enum>(I)</enum><text>January 1, 2035; and</text></subclause><subclause id="H8F48A0DF2E314389918CC7EB31515221" commented="no"><enum>(II)</enum><text display-inline="yes-display-inline">the date that is 7 years after the date on which covered financial assistance for the project is received by the applicable eligible entity; and</text></subclause></clause><clause id="H165290FC95FF482D83D0889EE3F62502" commented="no"><enum>(ii)</enum><text display-inline="yes-display-inline">after the date of production described in clause (i) begins, only produce iron that is near-zero emissions intensity iron or steel that is near-zero emissions intensity steel.</text></clause></subparagraph><subparagraph id="H3DA6B8640FDC49FD8F6CDC25A0E68F53" commented="no"><enum>(B)</enum><header>Projects to upgrade blast furnaces</header><clause id="H40BEC1E4B3084C1EAEF0EA795ADB3E89" commented="no"><enum>(i)</enum><header>In general</header><text display-inline="yes-display-inline">An eligible facility with respect to which covered financial assistance under this section is awarded for any project to upgrade a blast furnace that actively produces iron as of the date of enactment of this Act shall achieve at least a 50 percent reduction in emissions intensity at the start of production of near-zero emissions intensity iron relative to average emissions intensity of the iron produced by the eligible facility between June 1, 2023, and June 1, 2024. </text></clause><clause id="H62D1440040244C8EADAEF937CBE24549" commented="no"><enum>(ii)</enum><header>Use of clean hydrogen</header><text display-inline="yes-display-inline">For a project described in clause (i) that will upgrade to a direct reduced iron furnace, such direct reduced iron furnace shall— </text><subclause id="H35058D92FDB448E6AE36196EFAA5270B" commented="no"><enum>(I)</enum><text display-inline="yes-display-inline">be capable of using 100 percent hydrogen to reduce iron ore; </text></subclause><subclause id="HFC58FE7616374060BAA65D6BF6DB84B8" commented="no"><enum>(II)</enum><text>blend at least 10 percent non-fossil based hydrogen not later than 2 years after the direct reduced iron furnace commences operation; and</text></subclause><subclause id="HD298D858959F46EF8F00848EF9802426" commented="no"><enum>(III)</enum><text display-inline="yes-display-inline">use 100 percent clean hydrogen by the earlier of the dates described in clause (i).</text></subclause></clause><clause id="HE92B33C7B0964824B5DE71728AF313FF"><enum>(iii)</enum><header>Modifications to requirements</header><text display-inline="yes-display-inline">In the event that hydrogen is not available in sufficient volumes or at reasonable price (as determined by the Secretary of Energy, in consultation with stakeholders from relevant industries) the Secretary may, as the Secretary determines appropriate, modify any requirement under clause (ii).</text></clause></subparagraph></paragraph><paragraph id="H16DB7A2171444A15BCC2CD30C3281BB0" commented="no"><enum>(2)</enum><header>Emissions reporting requirements</header><subparagraph id="H8A6D6A045A0A4137B4283C84488BD1F1" commented="no"><enum>(A)</enum><header>Reporting to DOE</header><text>An eligible entity awarded covered financial assistance under this section shall report to the Secretary of Energy any greenhouse gas emissions (determined on a mine-to-metal basis), related to the production by the applicable eligible facility of iron or steel after the date on which covered financial assistance is received by the eligible entity.</text></subparagraph><subparagraph id="H45E56F9DDB3D48DA951A1FAF5A394DBB" commented="no"><enum>(B)</enum><header>Eligible facility specific environmental product declarations</header><text>An eligible entity awarded covered financial assistance under this section shall offer to provide buyers of the near-zero emissions intensity steel or near-zero emissions intensity iron produced at the applicable eligible facility environmental product declarations that are—</text><clause id="HAED8279BD437431A840D864BB218B19E"><enum>(i)</enum><text>specific to the near-zero emissions intensity steel or near-zero emissions intensity iron produced at such eligible facility; and</text></clause><clause id="H50D040E94BE74F98916048F26FB6BE80"><enum>(ii)</enum><text display-inline="yes-display-inline">updated at least annually, beginning not later than 12 months after production of such near-zero emissions intensity steel or near-zero emissions intensity iron begins.</text></clause></subparagraph></paragraph><paragraph id="HD1850B2161144EB0A52E39110071D801" commented="no"><enum>(3)</enum><header>Training</header><text>Eligible entities that receive covered financial assistance of more than $50,000,000 under this section shall meet the requirements under subsection (g).</text></paragraph><paragraph id="H8935FD7B4AF841B5AEE69CADE6BEFFAD" commented="no"><enum>(4)</enum><header>Community benefits</header><text display-inline="yes-display-inline">Eligible entities that receive covered financial assistance of more than $50,000,000 under this section shall meet the requirements under subsection (h).</text></paragraph><paragraph id="H8F4F75D2E6114997A426EF7F387E0B18" commented="no"><enum>(5)</enum><header>Wages</header><text display-inline="yes-display-inline">Eligible entities that receive covered financial assistance under this Act shall comply with the requirements under subsection (c)(1)(J).</text></paragraph><paragraph id="H44B2C9D7F196421D8DDC9B393B2E1D5C" commented="no"><enum>(6)</enum><header>Project labor agreements</header><text>With respect to any eligible facility for which the total estimated cost of the construction contract is $25,000,000 or more, the eligible entity shall comply with the requirements under subsection (c)(1)(K).</text></paragraph></subsection><subsection id="H1D4C603E719B4BD0A102205854BAA6FE" commented="no"><enum>(e)</enum><header>Priority</header><text display-inline="yes-display-inline">The Secretary of Energy shall—</text><paragraph id="H8C54D7A6DA3C4492AD1B43C7937E3085" commented="no"><enum>(1)</enum><text display-inline="yes-display-inline">in awarding covered financial assistance under this section, give priority—</text><subparagraph id="H1FB1D31681DC44B789B669E2DF5971D2" commented="no"><enum>(A)</enum><text>to eligible entities that will support training of current and former workers to build skills required to work in an upgraded or new facility and retention of such current workers;</text></subparagraph><subparagraph id="HD25AE70708F440E986A58E150A98CA7C" commented="no"><enum>(B)</enum><text display-inline="yes-display-inline">to eligible entities that will ensure the utilization of registered apprentices during the construction of the eligible facility in accordance with the standards and requirements set forth in parts 29 and 30 of title 29, Code of Federal Regulations;</text></subparagraph><subparagraph id="H47168C2D931C41159E6684873BFC9169" commented="no"><enum>(C)</enum><text display-inline="yes-display-inline">to projects that will be carried out in existing or legacy iron or steel-making communities;</text></subparagraph><subparagraph id="H6E7FE219A4234AE58BB73758773E8CE5" commented="no"><enum>(D)</enum><text display-inline="yes-display-inline">to eligible entities that commit to hiring at least 25 percent of the applicable workforce from an existing or legacy iron or steel-making community;</text></subparagraph><subparagraph id="H0F9566660E5D47AB80863E91E9D68E74" commented="no"><enum>(E)</enum><text display-inline="yes-display-inline">to projects based on the extent to which the applicable project would provide the greatest benefit to the greatest number of people within the metropolitan area in which the eligible facility is located; </text></subparagraph><subparagraph id="H84E96E1E854541BFA6AC22C7E20A710F" commented="no"><enum>(F)</enum><text>to projects based on the expected greenhouse gas emissions reductions to be achieved by carrying out the applicable project;</text></subparagraph><subparagraph id="HBBEF7DF935BB41F88253FBF2692CFA98" commented="no"><enum>(G)</enum><text>to projects based on the extent to which the applicable project will enable the steel or iron industry to decrease its greenhouse gas emissions by 2050; </text></subparagraph><subparagraph id="HB289AB3187314F0EAB3BF3E41DE3C1D2" commented="no"><enum>(H)</enum><text>to projects that will result in the largest improvement in air quality; </text></subparagraph><subparagraph id="H26C369B8D3AA4866B44843834DEC9EDB" commented="no"><enum>(I)</enum><text>to projects to upgrade blast furnaces that actively produce iron as of the date of enactment of this Act;</text></subparagraph><subparagraph id="HDECA7B94B36B4B73B51DE0BE1F3C03A3" commented="no"><enum>(J)</enum><text display-inline="yes-display-inline">to eligible entities based on whether the applicable eligible entity participates or would participate in a program that connects producers of near-zero emissions intensity steel or near-zero emissions intensity iron with buyers of such near-zero emissions intensity steel or near-zero emissions intensity iron; </text></subparagraph><subparagraph id="HEF20C1A4F17A4E3E911CBB5E22BF2F90" commented="no"><enum>(K)</enum><text display-inline="yes-display-inline">to eligible entities that commit, and provide a plan, to source at least 30 percent of electricity for use at the project site from zero-carbon sources within 2 years of receiving the covered financial assistance, and use 100 percent zero-carbon electricity by 2035, with the Secretary of Energy determining the rate at which such zero-carbon electricity use should scale to 100 percent; and</text></subparagraph><subparagraph id="H9C9EF04E52B24CF2B0CA9A44C8FB8F16" commented="no"><enum>(L)</enum><text>to projects that would result in an increased supply of iron or steel products that are needed by current and prospective end users as identified through a request for information issued not later than 2 months after the date of enactment of this Act by the Department of Energy’s Office of Clean Energy Demonstrations; and</text></subparagraph></paragraph><paragraph id="HD76DF43974084DC7A0097B6E37BB23B5" commented="no"><enum>(2)</enum><text display-inline="yes-display-inline">in awarding covered financial assistance for over $50,000,000 under this section, give priority to eligible entities that commit to—</text><subparagraph id="H00A59CF452AA48FABCB31FA5A5FBA4AC" commented="no"><enum>(A)</enum><text>employing local individuals and individuals from frontline communities, and providing robust training, workforce development opportunities, mentorship programs and career advancement opportunities to these individuals;</text></subparagraph><subparagraph id="H772C4736957F43F4ACE9623CC52CD41A" commented="no"><enum>(B)</enum><text>and provide a plan for—</text><clause id="H865BA5B670894CBBA32CDE2638B6C231" commented="no"><enum>(i)</enum><text>contracting with an objective and independent third party to conduct a report to forecast the impact of the applicable proposed project on pollution and health of individuals in the project area; and</text></clause><clause id="HDE69CA8566B04C86A823387365A47EBA" commented="no"><enum>(ii)</enum><text>contracting with an objective and independent third party to conduct air quality monitoring before any construction associated with the proposed project begins and continuing until 6 months after such construction ends, in frontline communities that are exposed to persistent air pollution and within 25 miles of the metropolitan area where which such construction will occur; and</text></clause></subparagraph><subparagraph id="H3DA09E06B8364EE2B23AF37C79301574" commented="no"><enum>(C)</enum><text display-inline="yes-display-inline">building new zero-carbon electricity generation capacity, hydrogen generation capacity, or energy storage capacity.</text></subparagraph></paragraph></subsection><subsection id="HFA677E6F14EE4F5C82DBC61C74B062CE" commented="no"><enum>(f)</enum><header>Cost share and amounts</header><paragraph id="HC3EC1F8CD13E4A0DAFFBDC2646878C35" commented="no"><enum>(1)</enum><header>Cost share</header><text>The non-Federal cost share of a project for which covered financial assistance is provided under this section shall be not less than 50 percent, as determined by the Secretary of Energy. </text></paragraph><paragraph id="H6FB32C5F225649A89832D99C1EFB7DE6" commented="no"><enum>(2)</enum><header>Alignment with emissions intensity</header><text display-inline="yes-display-inline">The Secretary of Energy shall determine the cost-share and amount of covered financial assistance awarded to an eligible entity under this section based on the final emissions intensity of the near-zero emissions intensity steel or near-zero emissions intensity iron to be produced.</text></paragraph><paragraph id="H986ECFE6755C49E0B715C5291359D0EF" commented="no"><enum>(3)</enum><header>Total amount</header><text display-inline="yes-display-inline">The amount of covered financial assistance provided under this section shall not exceed $500,000,000 per project.</text></paragraph><paragraph id="H83F6F87AC0804243B30D00919B42E07B" commented="no"><enum>(4)</enum><header>Inflation adjustment</header><subparagraph id="H6119FAA09C0749E4B84535815F52A2D5" commented="no"><enum>(A)</enum><header>In general</header><text>In the case of any calendar year beginning after 2024, there shall be substituted for any dollar amount described in subparagraph (B), an amount equal to the product of—</text><clause id="H8A3F48473D544F95992C324869A923BE" commented="no"><enum>(i)</enum><text>such dollar amount, multiplied by</text></clause><clause id="H319F89FC67F04B0CB9F66B97F437E64C" commented="no"><enum>(ii)</enum><text>the inflation adjustment factor for such calendar year determined under <external-xref legal-doc="usc" parsable-cite="usc/26/43">section 43(b)(3)(B)</external-xref> of the Internal Revenue Code of 1986 for such calendar year, determined by substituting <quote>2023</quote> for <quote>1990</quote>.</text></clause></subparagraph><subparagraph id="H0F10FD7F93DD4B48B0B7703239F818C3" commented="no"><enum>(B)</enum><header>Amounts described</header><text>Subparagraph (A) shall apply with respect to each dollar amount in—</text><clause id="H50C803F9E4F04D2493D98C8C5E81E499" commented="no"><enum>(i)</enum><text>subsection (c)(1)(J);</text></clause><clause id="H474570CB65974CD58E9761DD3980C327" commented="no"><enum>(ii)</enum><text>subsection (e)(2);</text></clause><clause id="H868B729028564A4A9DF3AE856C13E765" commented="no"><enum>(iii)</enum><text>paragraph (3) of this subsection; </text></clause><clause id="H73AD1683FAED44FAAE4C4AF411C9FD2A" commented="no"><enum>(iv)</enum><text>subsection (g)(1); and</text></clause><clause id="HAFCAF7FCC24542B88A85409ED266BA02"><enum>(v)</enum><text>section 201.</text></clause></subparagraph></paragraph></subsection><subsection id="H15D4AEDFF82D433799227BAE0DBFFED1" commented="no"><enum>(g)</enum><header>Supporting good careers</header><paragraph id="HE0E3213C7D484496AE5DC57C716D30EF"><enum>(1)</enum><header>Training required</header><subparagraph id="H501BEAEF351D47F09984B7139B39F437"><enum>(A)</enum><header>In general</header><text>Beginning on the date that an eligible entity receives any amount of covered financial assistance under this Act in excess of $50,000,000, and ending on the date that is 5 years after the date the eligible entity received such covered financial assistance, an eligible entity shall—</text><clause id="H2174A0954B3E45BE8B933A4C3D7BDE41"><enum>(i)</enum><text>carry out a training program described in subparagraph (B);</text></clause><clause id="H16E6DFF456E74AB2A0E61C45A5C1795D"><enum>(ii)</enum><text>reserve 5 percent of the labor costs of the eligible entity to carry out such training program; and</text></clause><clause id="H5D8A66D585EF4E63964E394C95211918"><enum>(iii)</enum><text>not later than 12 months after any such receipt, certify to the Secretary that the eligible entity is carrying out such training program.</text></clause></subparagraph><subparagraph id="HC2C55CC6C7054AD19BD5F83E3B9B6F81"><enum>(B)</enum><header>Training requirements</header><clause id="H181AFE8BF5AD4503BBA7A5510E791188"><enum>(i)</enum><header>In general</header><text>An eligible entity required to carry out a training program required under subparagraph (A)(i) shall satisfy the following requirements:</text><subclause id="H2E342121728E4C3F940DDF34FAC7E991"><enum>(I)</enum><text>Participants in the training program shall be trained to learn skills or knowledge that are related to the production of near-zero emissions intensity iron or near-zero emissions intensity steel.</text></subclause><subclause id="HD6E943F5D042464BBA9B14C9CB7DBD28"><enum>(II)</enum><text>Such participants shall be existing employees, new hires, or prospective employees of the eligible entity.</text></subclause><subclause id="HC455A93610664C77B88A620408AA411D"><enum>(III)</enum><text>The participants shall be paid at a rate equivalent to that of an individual working full-time in the position for which they are training.</text></subclause><subclause id="HABE7048340724B4D9133B3278F2F5562"><enum>(IV)</enum><text>If a participant is not guaranteed full-time employment with the eligible entity after the completion of the training program, such a participant shall be provided a stipend (as described in clause (ii)) on a weekly basis.</text></subclause><subclause id="H245B0541912448838A53FC55A419C84C"><enum>(V)</enum><text>An eligible entity shall provide to each individual who completes the training program a certificate of completion that states the skills and knowledge taught during the program.</text></subclause></clause><clause id="H2517DC5ED8FC4C62B0B47156F1623D63"><enum>(ii)</enum><header>Stipend</header><subclause id="H8967EEB268714F179FA0D8270D3A069E" commented="no"><enum>(I)</enum><header>Amount</header><text>The Federal share of a stipend provided to an individual described in clause (i)(IV) shall be—</text><item id="HA9E19AC0549040409143E7E608DE6DCF" commented="no"><enum>(aa)</enum><text>equal to $500 for each month; and</text></item><item id="HFDA75FABBFE04C3392712685D8663348" commented="no"><enum>(bb)</enum><text>not more than $2500 in aggregate.</text></item></subclause><subclause id="H1DA146ADCA404450A2A7667454CACD65"><enum>(II)</enum><header>Relationship to other programs</header><text>A stipend provided to an individual described in clause (i)(IV) shall not be taken into account in determining the need or eligibility of such individual for any Federal, State, or local program financed in whole or in part with Federal funds.</text></subclause></clause></subparagraph><subparagraph id="HA2524F28F01C4FDF9457D88964FD96E7"><enum>(C)</enum><header>Government match</header><clause id="HF3140CBA4CF44861985F2C50B3D3D5B9"><enum>(i)</enum><header>Amount</header><text>During the period described in subparagraph (A), the Secretary of Energy shall provide to an eligible entity, on a monthly basis for each individual participating in training program carried out by the eligible entity, the lesser of—</text><subclause id="H45793561FABC49F8A8A70A42422A60CD"><enum>(I)</enum><text>$500; or</text></subclause><subclause id="HB43C989C48144F93AF2267FCBF319C51"><enum>(II)</enum><text>an amount not to exceed 25 percent of—</text><item id="H174AD2E4AC944555ADDE201365DA085A"><enum>(aa)</enum><text>the training participant’s salary described in subparagraph (B)(iii); or</text></item><item id="H38177F8CED224ACD81932520D589BF0D"><enum>(bb)</enum><text>if the training participant is not guaranteed full-time employment after completion of the training program, the stipend provided to the training participant.</text></item></subclause></clause><clause id="H1FED157F50804826B427F0828E7EA990"><enum>(ii)</enum><header>Maximum</header><text>The Secretary of Energy may not provide to an eligible entity more than $2,500 per training participant for each instance of covered financial assistance provided to the eligible entity.</text></clause></subparagraph><subparagraph id="HA276E639147149769B4AB6F1FD8CCFA4"><enum>(D)</enum><header>Labor-management committee</header><text>An eligible entity described in subparagraph (A) shall establish a labor-management committee that—</text><clause id="HC76DD9CF0A4D4D21AF6FBA9C14489CFB"><enum>(i)</enum><text>oversees the training program required under subparagraph (A)(i);</text></clause><clause id="H39DE10559BD4444693555AD79048FE75"><enum>(ii)</enum><text>regularly raises safety concerns to the eligible entity for the eligible entity to address; and</text></clause><clause id="H85B50609B22A4F419B0BB98101A4D437"><enum>(iii)</enum><text>provides to the eligible entity a reasonable process and time line to address such concerns to mitigate injuries at the workplace.</text></clause></subparagraph></paragraph><paragraph id="H2EFBB99A86BD414396BCEA738BDD7FBA" commented="no"><enum>(2)</enum><header>Labor representation</header><subparagraph id="H36BA00D2CBCF4042A91CAC628734EC86"><enum>(A)</enum><header>In general</header><text display-inline="yes-display-inline">With respect to the employees employed by an eligible entity at an eligible facility that is supported by covered financial assistance provided under this Act, the eligible entity that employs such employees, and any labor organization that seeks to represent such employees, this paragraph shall supersede the National Labor Relations Act (<external-xref legal-doc="usc" parsable-cite="usc/29/151">29 U.S.C. 151 et seq.</external-xref>) to the extent that such Act conflicts with this paragraph.</text></subparagraph><subparagraph id="H8308265CCB9A41DFA6451228F228DDCD" commented="no"><enum>(B)</enum><header>Recognition</header><text display-inline="yes-display-inline">An eligible entity described in subparagraph (A) shall recognize, for purposes of collective bargaining, a labor organization that demonstrates that a majority of the employees at an eligible facility described in subparagraph (A), in a unit appropriate for collective bargaining, have signed valid authorizations designating the labor organization as their collective bargaining representative and that no other labor organization is certified or recognized pursuant to section 9 of the National Labor Relations Act (<external-xref legal-doc="usc" parsable-cite="usc/29/159">29 U.S.C. 159</external-xref>) as the exclusive representative of any of the employees in such unit who perform or will perform such work. Upon demonstrating that a majority of the employees in the unit have designated a labor organization as their collective bargaining representative, the eligible entity shall notify the labor organization and the National Labor Relations Board that the eligible entity—</text><clause id="HBEB7C04AD21445ADB442C857937CBA50" commented="no"><enum>(i)</enum><text>has determined that the labor organization represents a majority of the employees in such unit who perform or will perform such work; and</text></clause><clause id="H4BE9388E02AE437F8A42460D617CAB66" commented="no"><enum>(ii)</enum><text>recognizes such labor organization as the exclusive representative of the employees in such unit.</text></clause></subparagraph><subparagraph id="H6DF6A1C5EC8C43839C01335EF886B9F4" commented="no"><enum>(C)</enum><header>Dispute resolution and unit certification</header><clause id="HB8FBAEEA5F144D8FA97C35D10A34728E"><enum>(i)</enum><header>In general</header><text>If a dispute over majority status or the appropriateness of the unit described in subparagraph (B) arises between the eligible entity and the labor organization, either party may request that the National Labor Relations Board investigate and resolve the dispute.</text></clause><clause id="H9F9A7F3A77E44378A4C549D17183DEF4"><enum>(ii)</enum><header>Finding of majority status</header><text>If the Board finds that a majority of the employees in a unit appropriate for purposes of collective bargaining who perform or will perform work funded under this section has signed valid authorizations designating the labor organization as their representative for such purposes and that no other individual or labor organization is certified or recognized as the exclusive representative of any of the employees in the unit who perform or will perform such work for such purposes, the Board shall not direct an election but shall certify the labor organization as the representative described in section 9(a) of the National Labor Relations Act (<external-xref legal-doc="usc" parsable-cite="usc/29/159">29 U.S.C. 159(a)</external-xref>).</text></clause></subparagraph><subparagraph id="HDD20F31FB1304501BDC9506C210F3610" commented="no"><enum>(D)</enum><header>Meetings and collective bargaining agreements</header><text display-inline="yes-display-inline">Not later than 10 days after an eligible entity described in subparagraph (A) receives a written request for collective bargaining from a labor organization representing the employees of the entity who perform or will perform work at an eligible facility that is supported by funds provided pursuant to this Act, or within such period as the parties may agree upon, the labor organization and eligible entity shall meet to begin bargaining and shall make every reasonable effort to conclude and sign a collective bargaining agreement.</text></subparagraph><subparagraph id="H5A450BAF6F6F4CAE9F9C2D352009FD12" commented="no"><enum>(E)</enum><header>Mediation and conciliation</header><text display-inline="yes-display-inline">If, after the expiration of the 90-day period beginning on the date on which collective bargaining is commenced under subparagraph (D), or such additional period as the parties may agree upon, the parties have failed to reach an agreement, either party may notify the Federal Mediation and Conciliation Service (referred to in this paragraph as the <quote>Service</quote>) of the existence of a dispute and request mediation. Whenever such a request is received, it shall be the duty of the Service promptly to communicate with the parties and to use its best efforts, by mediation and conciliation, to bring them to agreement.</text></subparagraph><subparagraph id="H19C57B1A276C42449797B8FE54A2CCFE" commented="no"><enum>(F)</enum><header>Tripartite arbitration</header><clause id="H4FA34AE677A14F63948255AE2E84A2A1" commented="no"><enum>(i)</enum><header>In general</header><text>If, after the expiration of the 30-day period beginning on the date on which the request for mediation is made under subparagraph (E), or such additional period as the parties may agree upon, the Service is not able to bring the parties to agreement by mediation and conciliation, the Service shall refer the dispute to a tripartite arbitration panel established in accordance with such regulations as may the Service may prescribe.</text></clause><clause id="HDBF8A0DA6A884C64BD9022BFF9FF75B1" commented="no"><enum>(ii)</enum><header>Members</header><text display-inline="yes-display-inline">A tripartite arbitration panel established under this subparagraph with respect to a dispute shall be composed of 1 member selected by the labor organization, 1 member selected by the eligible entity, and 1 neutral member mutually agreed to by the labor organization and the eligible entity. Each such member shall be selected not later than 14 days after the expiration of the 30-day period described in clause (i) with respect to such dispute. Any member not so selected by the date that is 14 days after the expiration of such period shall be selected by the Service. </text></clause><clause id="HA53BF99B75334E239070ACA8BE52868B" commented="no"><enum>(iii)</enum><header>Decisions</header><subclause id="H59A9B894C67F46DEA46F70C551CB69DE"><enum>(I)</enum><header>In general</header><text>A majority of a tripartite arbitration panel established under this subparagraph with respect to a dispute shall render a decision settling the dispute as soon as practicable and (absent extraordinary circumstances or by agreement of the parties) the panel shall render such decision not later than 120 days after the establishment of the panel.</text></subclause><subclause id="H11DE8FBDF5344A19913A55340BD02BB2"><enum>(II)</enum><header>Length of decision</header><text>Such a decision shall be binding upon the parties for a period of 2 years, unless amended during such period by written consent of the parties.</text></subclause><subclause id="HFA301BE5DCB74E96A5CEBE0CE2A31A92"><enum>(III)</enum><header>Decision considerations</header><text>The panel shall consider the following when making a decision:</text><item id="H6C15096EE98D438F8085CB384A6E2F56" commented="no"><enum>(aa)</enum><text>The financial status and future financial status of the eligible entity.</text></item><item id="H0C364412EABE49D8B671577646AC0E06" commented="no"><enum>(bb)</enum><text>The size and type of the operation and business of the eligible entity.</text></item><item id="H4AA29E3A5A0E41BEA9E64BB8DAD34EDF" commented="no"><enum>(cc)</enum><text>The cost of living of the employees employed by the eligible entity.</text></item><item id="H761CED80716E43EF93C515B8D1AF06D4" commented="no"><enum>(dd)</enum><text>The ability of such employees to sustain themselves, their families, and their dependents on the wages and benefits earned from the eligible entity.</text></item><item id="HB1DEE1EEA64D42A4943B42BD510E7894" commented="no"><enum>(ee)</enum><text>The wages and benefits other employees earn in the same or a similar industry.</text></item></subclause></clause></subparagraph><subparagraph id="H9F8EF36C07AD40219D0526925DA277B2" commented="no"><enum>(G)</enum><header>Contractors and subcontractors</header><text display-inline="yes-display-inline">An eligible entity described in subparagraph (A) may only procure goods or services from a contractor or subcontractor, whose employees perform or will perform work funded under this section, if the contractor or subcontractor comply with the requirements set forth in subparagraphs (A) through (F).</text></subparagraph><subparagraph id="H31EF22D272464FD48810F707903A8B6C" commented="no"><enum>(H)</enum><header>Definitions</header><text>In this paragraph, the terms <term>employee</term> and <term>labor organization</term> have the meanings given the terms in section 2 of the National Labor Relations Act (<external-xref legal-doc="usc" parsable-cite="usc/29/152">29 U.S.C. 152</external-xref>).</text></subparagraph><subparagraph id="H67B0480CF7EC44E9B80F1F83B5CFF254" commented="no"><enum>(I)</enum><header>Limitation of funds</header><text display-inline="yes-display-inline">An eligible entity may not assist, promote, or deter organizing of labor organizations.</text></subparagraph></paragraph><paragraph id="HBC1B5AE2A34040839F9F61CC3E65A31B" commented="no"><enum>(3)</enum><header>Sense of Congress</header><text display-inline="yes-display-inline">It is the sense of Congress that—</text><subparagraph id="H2E42E385CAA94E3A802F265E7F9F07DB" commented="no"><enum>(A)</enum><text>the United States must tap into all our Nation’s talent in order to successfully usher in an industrial renaissance in the United States;</text></subparagraph><subparagraph id="HCECCBFF2A6064A44B010C93C1416A2F6" commented="no"><enum>(B)</enum><text>building a factory is not enough, it is necessary to build the infrastructure and ecosystem to power such factory;</text></subparagraph><subparagraph id="HF5A9B9045CE24DDFB3621EDBAF71B22A" commented="no"><enum>(C)</enum><text>the United States must make sure jobs in the iron and steel industries, and in all industries, are good jobs, that all workers have quality, affordable childcare and healthcare, and that all jobs pay a family-sustaining wage;</text></subparagraph><subparagraph id="HE87ABB9AC713483DBF89C9F9A5667121" commented="no"><enum>(D)</enum><text>child care is critical to expanding employment opportunities for economically disadvantaged individuals, especially for economically disadvantaged women and children; and</text></subparagraph><subparagraph id="HE73EF6E71DAB47488521372050296CBA" commented="no"><enum>(E)</enum><text>to meet families’ needs and expand employment opportunity, child care should be—</text><clause id="HD9381CC1870242D99C4C15FE404B70C3" commented="no"><enum>(i)</enum><text>affordable, with costs in reach for low- and medium-income households;</text></clause><clause id="HE4C1FA852769415E9504355C2FC1006C" commented="no"><enum>(ii)</enum><text>accessible, at a convenient location with hours that meet workers’ needs;</text></clause><clause id="H7D00C2B97D8B4B2CBBA3A82D31D8DAC6" commented="no"><enum>(iii)</enum><text>reliable, giving workers confidence that they will not need to miss work for unexpected child care issues; and</text></clause><clause id="H3BA5A59AFF374720889A1EE223B02791"><enum>(iv)</enum><text>high-quality, providing a safe and healthy environment that families can trust and that nurtures the healthy growth and development of children.</text></clause></subparagraph></paragraph></subsection><subsection id="H21F027BC13BA4AC78B7B0B40B1885906" commented="no"><enum>(h)</enum><header>Community benefits</header><paragraph id="HEED6573E6B3749A398FA670B24DAC8DC" commented="no"><enum>(1)</enum><header>Advisory council</header><subparagraph id="H8049CABC8BD64BDBB059ACFA7A5231E8" commented="no"><enum>(A)</enum><header>Establishment</header><clause id="HDD1BD1429B414778A0DD2CA9F3E3ECD0" commented="no"><enum>(i)</enum><header>In general</header><text>The Secretary of Energy and the Administrator of the Environmental Protection Agency, in consultation with, and written approval from, the White House Environmental Justice Advisory Council, shall jointly establish an advisory council (in this section referred to as the <quote>advisory council</quote>) to—</text><subclause id="H290CCB98F47E41D9BE149DFB27448859" commented="no"><enum>(I)</enum><text display-inline="yes-display-inline">not later than 5 months after the date of enactment of this Act, submit to the Secretary of Energy guidance on—</text><item id="HA9F7A49419EA426091B4571C802D4798" commented="no"><enum>(aa)</enum><text>information to be included in a community benefits plan under this section; and</text></item><item id="H2DD87400493A4FBB964683FA1CF5B32C" commented="no"><enum>(bb)</enum><text>criteria for weighing the strength of a community benefits plan submitted under this section;</text></item></subclause><subclause id="H45291DD80C3D45E4B6970A812C594F3C"><enum>(II)</enum><text display-inline="yes-display-inline">not later than 2 years after the date of enactment of this Act, submit to the Secretary of Energy guidance on information to be included in a community benefits agreement under this section; and</text></subclause><subclause id="H6222576529FA410E97CEDA1A367443BB" commented="no"><enum>(III)</enum><text display-inline="yes-display-inline">act as a liaison to communities described in paragraph (3)(A) by sharing—</text><item id="HFD0522B097C841938C936D64FFEC5D34"><enum>(aa)</enum><text>information and resources developed by the Department of Energy or eligible entity applicants about the proposed projects and their environmental, public health, and jobs impacts; and</text></item><item id="HBB7C784C029B47F1B97BC3930D488626"><enum>(bb)</enum><text>community input with eligible entity applicants and the Secretary of Energy in order to facilitate the drafting of community benefits plans.</text></item></subclause></clause><clause id="HEFB7873E5A1949BD9BA0138632923F25" commented="no"><enum>(ii)</enum><header>Formation</header><text display-inline="yes-display-inline">In establishing the advisory council, the Secretary of Energy and the Administrator of the Environmental Protection Agency shall jointly—</text><subclause id="HF3AB2CD7EFE34234A4107000FC2F4865" commented="no"><enum>(I)</enum><text>publish in the Federal Register an announcement about its formation; and</text></subclause><subclause id="HFAD4D1A4BAA249B2B19F2C3A3F64FC77" commented="no"><enum>(II)</enum><text>conduct targeted outreach and recruiting to ensure there is adequate stakeholder representation on the advisory council.</text></subclause></clause></subparagraph><subparagraph id="H3DF5F7FE5B1148CDA4FD6AB1D0344AF0" commented="no"><enum>(B)</enum><header>Representatives</header><clause id="HA3AB75B127104A31BEA6DCC127763DE5" commented="no"><enum>(i)</enum><header>In general</header><text display-inline="yes-display-inline">The advisory council shall consist of representatives from existing or legacy iron or steel-making communities, communities that will be significantly affected by the steel supply chain, labor organizations, civil society and public interest advocates who represent the interests of such communities, membership-based nonprofit organizations with members in the community, constituencies of such communities, and individuals who have experience negotiating workforce and community benefits agreements.</text></clause><clause id="H9740F0003B0548879F8FCDE7B4A378B7"><enum>(ii)</enum><header>Additional representatives</header><text display-inline="yes-display-inline">The Secretary of Energy may add additional members to the advisory council who represent communities described in paragraph (3)(A), as determined appropriate by the Secretary. </text></clause><clause id="H19818387288244408AB6F2F5444447EB" commented="no"><enum>(iii)</enum><header>Compensation</header><text display-inline="yes-display-inline">Frontline community members who serve on the advisory council shall be compensated for their time using funds made available to carry out this Act. </text></clause><clause id="HFCB03DC1E5CF46EF98BC4F900BB4234C" commented="no"><enum>(iv)</enum><header>Participation</header><text>Participation in the advisory council does not preclude members from also serving in a community benefits group described in paragraph (6).</text></clause></subparagraph></paragraph><paragraph id="H06988C502CC8437FB3D3C68416D0C9D0" commented="no"><enum>(2)</enum><header>Guidelines</header><subparagraph id="HA854FF77F44B428387C2272DA5906369" commented="no"><enum>(A)</enum><header>Request for information</header><text display-inline="yes-display-inline">Not later than 1 month after the date of enactment of this Act, the Secretary of Energy shall publish a request for information (to remain open for a period of not less than 3 months) soliciting information from individuals living in existing or legacy iron or steel-making communities and individuals with experience negotiating community benefits agreements on criteria that should be included in guidelines for community benefits plans and guidelines community benefits agreements under this subsection. </text></subparagraph><subparagraph id="HE0949C1722394A42BC0138480A4CF6CE" commented="no"><enum>(B)</enum><header>Publication</header><text display-inline="yes-display-inline">The Secretary of Energy shall develop and, not later than 5 months after the date of enactment of this Act, publish on the platform established under this subsection guidelines and required inclusions for community benefits plans and guidelines and required inclusions for community benefits agreements under this subsection. In developing such guidelines and required inclusions, the Secretary shall take into consideration any information solicited pursuant to subparagraph (A), guidance submitted by the advisory council under paragraph (1)(A), and any relevant information from existing community benefits plan processes of the Department of Energy, including for the Industrial Demonstrations Program of the Department of Energy.</text></subparagraph><subparagraph id="HAACF67CB5B5143F4B0A40A6695095E1B"><enum>(C)</enum><header>Updates</header><text>The Secretary of Energy may update the guidelines published under subparagraph (B) as the Secretary determines appropriate.</text></subparagraph></paragraph><paragraph id="H41E3A7DF99DC4E0EA3B8A85311914CD3" commented="no"><enum>(3)</enum><header>Required inclusions</header><text display-inline="yes-display-inline">A community benefits plan required to be included in an application under this section shall include the following: </text><subparagraph id="H6C5F3FB6884248A9A4E2DEF5D62F865E" commented="no"><enum>(A)</enum><text display-inline="yes-display-inline">A stakeholder analysis that—</text><clause id="H9F8F20FA80A04D9E8D5F6562B668399A" commented="no"><enum>(i)</enum><text>identifies any community that is located in an area that is within a 25 mile radius of the applicable eligible facility, and members of such a community, that may be impacted by the applicable proposed project or by operation of the applicable eligible facility, including impacts on social, economic, and environmental conditions, including cumulative effects, and impacts on members of such a community who are traditionally excluded from decision-making processes; and</text></clause><clause id="HFB0F4C48B0F247AEA88041F2B2C6FA80" commented="no"><enum>(ii)</enum><text>examines potential reasons for such exclusion, including community history and dynamics, including social, cultural, environmental, economic, and political landscapes.</text></clause></subparagraph><subparagraph id="H72D0BA08BA104FEFA3F94417BBCD78D3" commented="no"><enum>(B)</enum><text display-inline="yes-display-inline">Information on prior and ongoing efforts by the applicant to engage local stakeholder groups who may be impacted by the applicable proposed project or by operation of the applicable eligible facility.</text></subparagraph><subparagraph id="HECDA93B5F97A49419CB141EB441948F1" commented="no"><enum>(C)</enum><text display-inline="yes-display-inline">A description of existing concerns impacting communities described in subparagraph (A) that have already been identified through input to the advisory council and other government tools or surveys that enable government agencies to understand the economic, social, environmental, and labor circumstances of these communities, including the Climate and Economic Justice Screening Tool, academic research, media reports, citizen enforcement actions for permit violations, and public hearings.</text></subparagraph><subparagraph id="HE4F459990E2D4C72B6FE9360042A09D1" commented="no"><enum>(D)</enum><text display-inline="yes-display-inline">A description of potential concerns impacting communities described in subparagraph (A) emanating from the applicable proposed project or operation of the applicable eligible facility.</text></subparagraph><subparagraph id="HF57CE2111185446A98CF2C0999609989" commented="no"><enum>(E)</enum><text display-inline="yes-display-inline">A description of benefits that the applicable eligible entity can deliver to communities described in subparagraph (A) that reflect the eligible entity’s understanding of such existing concerns and such potential concerns.</text></subparagraph><subparagraph id="HE7E89086AFD2466381ECE347E400A73A" commented="no"><enum>(F)</enum><text display-inline="yes-display-inline">A strategy for—</text><clause id="H7222B4FC3F29479EAB463F43BFB01F92"><enum>(i)</enum><text>sharing the descriptions under subparagraphs (C), (D), and (E);</text></clause><clause id="HCC3429940F494CF49C3708E4AE0F4FCA"><enum>(ii)</enum><text>disseminating the community benefits plan; engaging with communities described in subparagraph (A); and</text></clause><clause id="H79FF82872B0B4CF1B9073A9BB08C0671"><enum>(iii)</enum><text>incorporating such communities’ feedback into any applicable community benefits agreement.</text></clause></subparagraph><subparagraph id="HF4714AA3547B44B29DA3F5FB25ECDC7D" commented="no"><enum>(G)</enum><text>A strategy for reporting and verifying progress on delivering the benefits described in subparagraph (E) with communities described in subparagraph (A).</text></subparagraph><subparagraph id="H0149A4753D324F3F9F81B3BC7EDC3C77" commented="no"><enum>(H)</enum><text display-inline="yes-display-inline">A description of the resources that the eligible entity plans to provide to ensure the full participation of communities described in subparagraph (A) in discussions with the eligible entity, including participation of members of such communities who are traditionally excluded from decision-making processes, including providing facts regarding the potential impacts of the proposed project and operation of the applicable eligible facility after completion of such project on such communities, monetary resources to compensate for members of the applicable community benefits group described in paragraph (6) for their time, experts who can interpret the information shared by the eligible entity and represent such communities’ perspectives, and other support measures to facilitate engagement, such as providing childcare and food during discussions.</text></subparagraph><subparagraph id="HB3C3B4E806A84AB6A0EDA993A7BAA4BC" commented="no" display-inline="no-display-inline"><enum>(I)</enum><text display-inline="yes-display-inline">A commitment to, and a plan for how such eligible entity will, cover the costs of training and skills and knowledge acquisition for community liaisons focused on air quality monitoring and reduction of air pollution. <italic></italic></text></subparagraph><subparagraph id="H745C8F76D26C4309AA98FDDA5D59B18A" commented="no"><enum>(J)</enum><text display-inline="yes-display-inline">A commitment to, and a plan for how such eligible entity will, regularly and actively engage with frontline communities and leaders to determine and develop legally binding community benefit agreements and report progress on its execution. </text></subparagraph><subparagraph id="H9CFF3E694F4A4A2A95738B724A7C16DB" commented="no"><enum>(K)</enum><text>Any additional information the Secretary of Energy determines appropriate based on the guidance submitted by the advisory council pursuant to paragraph (1). </text></subparagraph></paragraph><paragraph id="H8A8FE2B10A7A46E4AB557F9BD31F6DBA" commented="no"><enum>(4)</enum><header>Consideration</header><text display-inline="yes-display-inline">The strength of a community benefits plan submitted pursuant to this section, as determined by the Department of Energy Merit Reviewer process, shall constitute at least 20 percent of the graded criteria in determining whether to award covered financial assistance under this section. </text></paragraph><paragraph id="H7B743CD17D1B46A6A2ABC67406004A89" commented="no"><enum>(5)</enum><header>Platform</header><subparagraph id="HE37985CD2CDD45288B444A03E7206991" commented="no"><enum>(A)</enum><header>Establishment</header><text>The Secretary of Energy shall establish a platform to host the text of each—</text><clause id="H546766CC935743A29598FECFC40AA159" commented="no"><enum>(i)</enum><text>community benefits plan submitted by an eligible entity awarded covered financial assistance under this section;</text></clause><clause id="H1100E599D84F4DC8AF4349003522D701" commented="no"><enum>(ii)</enum><text>memorandum of understanding described in paragraph (6); and</text></clause><clause id="H77AD326F22CD479099E1892FE5901F70" commented="no"><enum>(iii)</enum><text>final community benefits agreement entered into pursuant to paragraph (7).</text></clause></subparagraph><subparagraph id="HF6CA7DFE46954056B59C353FD75688C6" commented="no"><enum>(B)</enum><header>Redacted information</header><text>The Secretary of Energy may, on a case-by-case basis, redact confidential business information from the platform established under subparagraph (A). </text></subparagraph></paragraph><paragraph id="HA4A25B4F06944FF29A4ED335B2F9A083" commented="no"><enum>(6)</enum><header>Memorandum of understanding</header><subparagraph id="HBF7A34B4EAC945B0A71F1A2103878399" commented="no"><enum>(A)</enum><header>In general</header><text>Not later than 6 months after initial receipt of covered financial assistance under this section, an eligible entity awarded such covered financial assistance shall seek to enter into a memorandum of understanding with a community benefits group described in subparagraph (C).</text></subparagraph><subparagraph id="H85D2DED318CD4AC8A6CE2391F09C94A7" commented="no"><enum>(B)</enum><header>Inclusions</header><text display-inline="yes-display-inline">A memorandum of understanding under this paragraph shall include a commitment to enter into a community benefits agreement in accordance with paragraph (7). </text></subparagraph><subparagraph id="H2822DE0A3F1343BBAB8D7BF010E54223" commented="no"><enum>(C)</enum><header>Membership of community benefits group</header><text display-inline="yes-display-inline">A community benefits group described in this subparagraph shall include individuals who represent the communities identified in paragraph (3)(A), including members of such communities who are traditionally excluded from decision-making processes.</text></subparagraph><subparagraph id="H260F681F12C44C2FB78B3A0096E53BA6" commented="no"><enum>(D)</enum><header>Recruitment</header><text>An eligible entity awarded covered financial assistance under this section shall recruit individuals described in subparagraph (C) to serve on a community benefits group described in such subparagraph and publicize the opportunity for additional stakeholders to self-identify and self-nominate to the community benefits group. </text></subparagraph><subparagraph id="HAEF8CBB71EFF4075BCF776FAA2794068" commented="no"><enum>(E)</enum><header>Compensation</header><text>Members of a community benefits group described in subparagraph (C) shall be remunerated for their time and receive resources in accordance with the eligible entity’s community benefits plan.</text></subparagraph></paragraph><paragraph id="H34078E144CA344D79D2D8B98453AB92D" commented="no"><enum>(7)</enum><header>Community benefits agreement</header><subparagraph id="H1C7F58ED650441BC85F5F68236946E3A" commented="no"><enum>(A)</enum><header>In general</header><text display-inline="yes-display-inline">Not later than one year after entering into a memorandum of understanding with a community benefits group in accordance with paragraph (6), an eligible entity awarded covered financial assistance under this section shall seek to enter into a legally binding community benefits agreement with such community benefits group.</text></subparagraph><subparagraph id="HE310CCDF96DB4AB589244932179C67CB" commented="no"><enum>(B)</enum><header>Compensation and expenses</header><clause id="H4B4FA782946E4CAB92C7A5A60ABB6425" commented="no"><enum>(i)</enum><header>Compensation</header><text>Members of the community benefits group participating in negotiations of a community benefits agreement shall be remunerated for their time and receive resources that facilitate their engagement. Failure to enter into a community benefits agreement pursuant to this subsection shall not eliminate the obligation of an eligible entity to reimburse the applicable community benefits group and any other member of the impacted community who is participating in such negotiations for their time engaging with the eligible entity.</text></clause><clause id="HD1A5FA8E26564A139DBC86FE6F4D7640" commented="no"><enum>(ii)</enum><header>Legal representation</header><text display-inline="yes-display-inline">A community benefits group described under subparagraph (A) shall select its own legal representation for all matters relating to a community benefits agreement, which will be paid for by the applicable eligible entity described in such subparagraph. </text></clause></subparagraph><subparagraph id="H2830BD2671CC43DEB17DD4BC14DB3C3C" commented="no"><enum>(C)</enum><header>Mediation required</header><text>Any dispute that cannot be resolved within a reasonable period of time (as determined by the Secretary of Energy) between a community benefits group and eligible entity under this section shall be resolved through mediation with a mediator selected by the community benefits group.</text></subparagraph><subparagraph id="HBA4B7E92027048EAA138D993560BA574" commented="no"><enum>(D)</enum><header>Community letter</header><text display-inline="yes-display-inline">If a community benefits agreement is not entered into by the deadline under subparagraph (A), the applicable eligible entity shall be required to submit to the Secretary of Energy a letter from the applicable community benefits group ascertaining good faith effort by the eligible entity in order for the eligible entity to remain eligible to receive covered financial assistance and extend the time allowed for negotiations with community. In order for currently operating iron and steel facilities to remain eligible for covered financial assistance, the Administrator of the Environmental Protection Agency shall additionally confirm through the Environmental Protection Agency’s modeling the emissions and co-pollution reduction potential stipulated in this Act and the award decision.</text></subparagraph><subparagraph id="H97072088F14444DDA8E2795170B5F3EE" commented="no"><enum>(E)</enum><header>Consequences for failure to adhere to agreement</header><text display-inline="yes-display-inline">Failure to enter into a community benefits agreement by the deadline under subparagraph (A) and to submit a letter pursuant to subparagraph (D), or failure to abide by a community benefits agreement entered into pursuant to this subsection, shall result in the suspension of funding under this section.</text></subparagraph></paragraph></subsection><subsection id="H8CB43F86D3104B9D965B4FFDA249D945"><enum>(i)</enum><header>Denial of double benefit</header><paragraph id="HFB67510110A54F8C9716FD7C5C281A43"><enum>(1)</enum><text><external-xref legal-doc="usc" parsable-cite="usc/26/48C">Section 48C(f)</external-xref> of the Internal Revenue Code of 1986 is amended to read as follows:</text><quoted-block style="OLC" id="H028F0185460647349A5C46CD82B6A475" display-inline="no-display-inline"><subsection id="H3ED41B5C316446FC95C22BCFCC8C9588"><enum>(f)</enum><header>Denial of double benefit</header><text display-inline="yes-display-inline">A credit shall not be allowed under this section for any qualified investment—</text><paragraph id="H34ACF3D1A2D14E61A3BD75E01737434C"><enum>(1)</enum><text display-inline="yes-display-inline">with respect to which any covered financial assistance was awarded under section 101 of the <short-title>Steel Modernization Act of 2024</short-title>, or</text></paragraph><paragraph id="H41EC20DD12354943BA7677CF1B959FD6"><enum>(2)</enum><text display-inline="yes-display-inline">for which a credit is allowed under section 48, 48A, 48B, 48E, 45Q, or 45V.</text></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block></paragraph><paragraph id="HC346B1FD4CBB481B9C1C5C80509B2DBE"><enum>(2)</enum><header>Effective date</header><text>The amendment made by this subsection shall apply to property placed in service after the date of the enactment of this Act.</text></paragraph></subsection><subsection id="H2C309B8B083F4630BAF4956ACE01B3B6" commented="no"><enum>(j)</enum><header>Limitation</header><text display-inline="yes-display-inline">Covered financial Assistance awarded under this section may not be used for the construction, installation, use, or maintenance of equipment involved in the capture or sequestration of carbon oxides.</text></subsection><subsection id="HA5198143D11F4A238C97D19874E91511" commented="no"><enum>(k)</enum><header>Termination of awards</header><text>The Secretary of Energy may not award covered financial assistance under this section after December 31, 2032.</text></subsection><subsection id="HA5FCF4E6F1C8470A9CCFDC4D192246B3" commented="no"><enum>(l)</enum><header>Authorization of appropriations</header><text display-inline="yes-display-inline">There is authorized to be appropriated to carry out this section $10,000,000,000. </text></subsection></section><section id="HD699ED9C1F664E31B02F8AF6AF6CADAA" commented="no"><enum>102.</enum><header>Contract for differences pilot program</header><subsection id="H9192C8BE851E41248CA10D3E22456BBF" commented="no"><enum>(a)</enum><header>Establishment of pilot program</header><text>The Secretary of Energy shall establish a pilot program to enter into contracts, on a competitive basis, with entities for payment of costs associated with the production or purchase of near-zero emissions intensity steel.</text></subsection><subsection id="H9733688767FA414E9731F09A6EC62DC1" commented="no"><enum>(b)</enum><header>Selection</header><paragraph id="HB654C7D0E174412AA53ADFFD940EED79"><enum>(1)</enum><header>Minimum number</header><text>Not later than 10 years after the date of enactment of this Act, the Secretary shall enter into at least 2 contracts under the pilot program established under this section, with each contract term for a period of no longer than 5 years.</text></paragraph><paragraph id="H97278467B5704DD19D6246DB06F01F0D"><enum>(2)</enum><header>Direct reduced iron furnace</header><text display-inline="yes-display-inline">At least one of the contracts entered into under paragraph (1) shall be for payment of costs associated with the production or purchase of near-zero emissions intensity steel that is produced using a direct reduced iron furnace.</text></paragraph></subsection><subsection id="H597353273DF441CD925196F78FA18DC9" commented="no"><enum>(c)</enum><header>Amount</header><text display-inline="yes-display-inline">The amount of a payment, with respect to near-zero emissions intensity steel described in subsection (a), to an entity with which the Secretary of Energy has entered into a contract under the pilot program established under subsection (a) shall be—</text><paragraph id="HBEA98C8F349C4C3B8975285623DD75FB" commented="no"><enum>(1)</enum><text>the cost of such near-zero emissions intensity steel that is produced or purchased; minus </text></paragraph><paragraph id="HBFCE32971CB7405485DB81D77C94DE6D" commented="no"><enum>(2)</enum><text>the applicable fair market value, as determined by the Secretary of Energy, to produce or purchase an equal quantity of conventional steel.</text></paragraph></subsection><subsection id="H6D022283CCAA4D1784EAF75B6389CC57"><enum>(d)</enum><header>Wages and project labor agreement requirements</header><text display-inline="yes-display-inline">An eligible entity that enters into a contract under the pilot program established under this section shall—</text><paragraph id="HE198A8F5A46747EA90A343A71895CA7E"><enum>(1)</enum><text>comply with the requirements under section 101(c)(1)(J); and</text></paragraph><paragraph id="HD698FA40CC8C457DBADFA2E06135AF4F"><enum>(2)</enum><text>with respect to any eligible facility for which the total estimated cost of the construction contract is $25,000,000 or more, comply with the requirements under section 101(c)(1)(K).</text></paragraph></subsection><subsection id="H60C2F9888B4548AFA2459CB53798710A" commented="no"><enum>(e)</enum><header>Authorization of appropriations</header><text display-inline="yes-display-inline">There is authorized to be appropriated $500,000,000 to carry out this section.</text></subsection></section><section id="H2AC078E8A4D245BDBAEE2DAA3B104EEE" commented="no"><enum>103.</enum><header>Near-zero emissions intensity iron production credit</header><subsection id="H7833BE2E020941F1BE4EB7D47D2F110C"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">Subpart D of subchapter A of <external-xref legal-doc="usc-chapter" parsable-cite="usc-chapter/26/1">chapter 1</external-xref> of the Internal Revenue Code of 1986 is amended by adding at the end the following new section:</text><quoted-block style="OLC" id="HC6832DDF76824F4290797189E2711BE4" display-inline="no-display-inline"><section id="HFE1E3CEBDB6842D7BA2DBB39BFCDDE49"><enum>45BB.</enum><header>Near-zero emissions intensity iron production credit</header><subsection id="H81A81269CC5041F58D3CAA42E7E48A44"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">For purposes of section 38, in the case of an eligible taxpayer, the near-zero emissions intensity iron production credit for any taxable year is an amount equal to $89 per ton of near-zero emissions intensity iron produced by the taxpayer at an eligible facility during such taxable year.</text></subsection><subsection id="H2D464935F7D84381944DFC0FE8A7DD52"><enum>(b)</enum><header>Limitation</header><text display-inline="yes-display-inline">The amount determined under subsection (a) with respect to iron produced at an eligible facility with respect to which a credit was allowed under section 38 by reason of subsection (a) for 10 prior taxable years shall be zero.</text></subsection><subsection id="H5CD7CCF7D8BA402486C53D2141645C18"><enum>(c)</enum><header>Definitions</header><text>For purposes of this section—</text><paragraph id="HE6163B231AFB410C83462420A68DE2F7"><enum>(1)</enum><header>Eligible taxpayer</header><text>The term <term>eligible taxpayer</term> means a taxpayer that—</text><subparagraph id="HEFC8BEF941F247BD8713D8C9EB7C072D"><enum>(A)</enum><text display-inline="yes-display-inline">is not under the influence, control, or ownership of a foreign entity of concern (as defined in section 108 of the <short-title>Steel Modernization Act of 2024</short-title>),</text></subparagraph><subparagraph id="H9A37C5F9E90B4FA5BBE3815453B0C204"><enum>(B)</enum><text>has, with respect to any eligible facility with respect to which a credit is determined under section 38 by reason of this section for a taxable year, fulfilled the following requirements at all times during such taxable year:</text><clause id="HAD8A30D91D14473BBB9AB7151E79C316"><enum>(i)</enum><text>The requirements described in paragraphs (1), (5), and (6) of section 101(d) of the <short-title>Steel Modernization Act of 2024</short-title>.</text></clause><clause id="H318E769FBF514CBF996D631EB1ED3807"><enum>(ii)</enum><text>All requirements made applicable to any entity described in section 101(g) of the <short-title>Steel Modernization Act of 2024</short-title>.</text></clause></subparagraph></paragraph><paragraph id="H3D14EFC979914309811A6CA6C4E0AF68"><enum>(2)</enum><header>Eligible facility; near-zero emissions intensity iron</header><text display-inline="yes-display-inline">The terms <term>eligible facility</term> and <term>near-zero emissions intensity iron</term> have the meanings given such terms in section 108 of the <short-title>Steel Modernization Act of 2024</short-title>.</text></paragraph></subsection><subsection id="H216E8C2B2442458DA6585573E890D744"><enum>(d)</enum><header>No double benefit</header><text display-inline="yes-display-inline">The amount determined under subsection (a) with respect to any near-zero emissions intensity iron which was produced pursuant to a contract established under section 102 of the <short-title>Steel Modernization Act of 2024</short-title> shall be zero.</text></subsection><subsection id="H0AAD56EC890F45FA9D3CF1CBEC046003"><enum>(e)</enum><header>Inflation adjustment</header><text display-inline="yes-display-inline">In the case of any taxable year beginning in a calendar year after 2024, there shall be substituted for the dollar amount in subsection (a) an amount equal to the product of—</text><paragraph id="H12E9C579CA754D569396B92003D89B52"><enum>(1)</enum><text>such dollar amount, multiplied by</text></paragraph><paragraph id="HBFC7DDB04DCB4BAEA277EC9FF27B515A"><enum>(2)</enum><text>the inflation adjustment factor for such calendar year determined under section 43(b)(3)(B) for such calendar year, determined by substituting <quote>2023</quote> for <quote>1990</quote>. </text></paragraph></subsection><subsection id="H0B72684BEE8E4766B4992089F1956AC1"><enum>(f)</enum><header>Sunset</header><text display-inline="yes-display-inline">This section shall not apply to taxable years beginning after December 31, 2045.</text></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block></subsection><subsection id="HDB976E4C982F4EEA98B4A02AF1A619BA"><enum>(b)</enum><header>Credit allowed as part of general business credit</header><text>Section 38(b) of such Code is amended by striking <quote>plus</quote> at the end of paragraph (40), by striking the period at the end of paragraph (41) and inserting <quote>, and</quote>, and by adding at the end the following new paragraph:</text><quoted-block style="OLC" id="H6F7316168BD743DE9DF762C9B37D053E" display-inline="no-display-inline"><paragraph id="H45D712FAAB6B467FA050CC72A4F0A73A"><enum>(42)</enum><text display-inline="yes-display-inline">in the case of an eligible taxpayer (as defined in section 45BB(c)), the near-zero emissions intensity iron production credit determined under section 45BB(a).</text></paragraph><after-quoted-block>.</after-quoted-block></quoted-block></subsection><subsection id="H5387C200D3C0402F836018A6A01D7969"><enum>(c)</enum><header>Clerical amendment</header><text display-inline="yes-display-inline">The table of sections for subpart D of subchapter A of chapter 1 of such Code is amended by adding at the end the following new item:</text><quoted-block style="OLC" id="H4787439345934540951BB863EC908FE3" display-inline="no-display-inline"><toc regeneration="no-regeneration"><toc-entry idref="HFE1E3CEBDB6842D7BA2DBB39BFCDDE49" level="section">Sec. 45BB. Near-zero emissions intensity iron production credit.</toc-entry></toc><after-quoted-block>.</after-quoted-block></quoted-block></subsection><subsection id="HDD148DD2BE5D4CDD9EABD79B0414D8F6"><enum>(d)</enum><header>Effective date</header><text display-inline="yes-display-inline">The amendments made by this section shall apply to iron produced after the date of the enactment of this Act.</text></subsection></section><section id="HD9A9B9BE6B9D4044A561EBA906E4A279" commented="no"><enum>104.</enum><header>Green iron and steel facility energy investment credits</header><subsection id="H2082F43D99CF4B4ABDD77785D135BB6F"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">Subpart E of subchapter A of <external-xref legal-doc="usc-chapter" parsable-cite="usc-chapter/26/1">chapter 1</external-xref> of the Internal Revenue Code of 1986 is amended by adding at the end the following new sections:</text><quoted-block style="OLC" id="H5A7A58F9E6A34AF995AE6C14384E4B98" display-inline="no-display-inline"><section id="H10FF84466D9C4131A585E1313D77431C"><enum>48F.</enum><header>On-site zero-emission energy investment credit</header><subsection id="HF95EC478295048FAB6E29310F65378D3"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">In the case of an eligible taxpayer, for purposes of section 46, the on-site zero-emission energy investment credit for any taxable year is an amount equal to 10 percent of the qualified investment for such taxable year.</text></subsection><subsection id="H9C6BE55930A24B688D49C352EDF2F720"><enum>(b)</enum><header>Qualified investment</header><paragraph id="H71C96E52454543D99D74AD9388C8C18D"><enum>(1)</enum><header>In general</header><text>The qualified investment with respect to any qualified facility for any taxable year is the sum of—</text><subparagraph id="H63DC06633ECA4599B6A7AC71FFF6415C"><enum>(A)</enum><text>the basis of any property placed in service by the taxpayer during the taxable year—</text><clause id="H9248DB2103444971AA39501A94B78386"><enum>(i)</enum><text>which is—</text><subclause id="H5F83A9F591734ADD88F2FA3995C48914"><enum>(I)</enum><text>tangible personal property, or</text></subclause><subclause id="H919F9EC7E58D4DE2900B9FC7FCD25A41"><enum>(II)</enum><text>other tangible property (not including a building or its structural components), but only if such property is used as an integral part of the qualified facility,</text></subclause></clause><clause id="HFCC43A59135847F28BBA803A097DC937"><enum>(ii)</enum><text>with respect to which depreciation (or amortization in lieu of depreciation) is allowable, and</text></clause><clause id="H32B48E2E59A247A79586497A1C0494AD"><enum>(iii)</enum><subclause commented="no" display-inline="yes-display-inline" id="H11CD87AFC7F54BF4A3436C05F1F7386D"><enum>(I)</enum><text display-inline="yes-display-inline">the construction, reconstruction, or erection of which is completed by the taxpayer, or </text></subclause><subclause id="H6BB7A51903964E8A90B8CDCD8F1A46B1" 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></subclause></clause></subparagraph><subparagraph id="HC888C7F18D924C82B13AF57CD1FCBA16"><enum>(B)</enum><text display-inline="yes-display-inline">the basis of any qualified property placed in service by the taxpayer during such taxable year which is part of a facility described in subsection (c).</text></subparagraph></paragraph><paragraph id="H59D4599900B748688FCCCA120A7CD65C"><enum>(2)</enum><header>Certain qualified progress expenditures rules made applicable</header><text display-inline="yes-display-inline">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><paragraph id="H2C1CFE20C1554004A363A26973BB4C03"><enum>(3)</enum><header>Limitations</header><subparagraph id="HC2AA5649C7E346FD82C57FBC6D906512"><enum>(A)</enum><header>Credit limited to allocated amount</header><text display-inline="yes-display-inline">The amount which is treated as the qualified investment for all taxable years with respect to any qualifying advanced energy project shall not exceed the amount designated by the Secretary as eligible for the credit under this section.</text></subparagraph><subparagraph id="H63CA0E790FBE48E28B3FD9654D9717E3"><enum>(B)</enum><header>Limitation on aggregate financial assistance</header><text>The amount which is treated as the qualified investment for all taxable year with respect to any qualified facility project shall not exceed the amount that is equal to—</text><clause id="H35A04F1049EE48749E92B3B06A1AE9C9"><enum>(i)</enum><text>$500,000,000, minus</text></clause><clause id="H5703A638EF4341B687FEEFA14271589F"><enum>(ii)</enum><text>the sum of—</text><subclause id="H4DB3425D9A9040A39F07EFC4B54803ED"><enum>(I)</enum><text>any financial assistance provided to such project pursuant to the <short-title>Steel Modernization Act of 2024</short-title>,</text></subclause><subclause id="H6728267A7FE24709B7D76999125B530B"><enum>(II)</enum><text>any credits allowed for any taxable year relating to such project under this section, plus</text></subclause><subclause id="H5872C818C3E441B39F71DCFA21B2148F"><enum>(III)</enum><text>any credits allowed for any taxable year relating to such project under section 48G. </text></subclause></clause></subparagraph></paragraph></subsection><subsection id="H73837279091444BAA47500C7C0D092C0"><enum>(c)</enum><header>Qualified facility project</header><text display-inline="yes-display-inline">In this section, the term <term>qualified facility project</term> means a project, any portion of the qualified investment of which is certified by the Secretary under subsection (e) as eligible for a credit under this section, which re-equips, expands, or establishes a zero-carbon electricity or heat generating or storage facility which is located on-site with an eligible facility (as such term is defined in section 108 of the <short-title>Steel Modernization Act of 2024</short-title>).</text></subsection><subsection id="HA30F3268FC6845B89D5471B852BEA462"><enum>(d)</enum><header>Eligible taxpayer</header><text display-inline="yes-display-inline">In this section, the term <term>eligible taxpayer</term> means a taxpayer that—</text><paragraph id="H09BAB7555CE944D78F9F1264F7F41C3E"><enum>(1)</enum><text>is not under the influence, control, or ownership of a foreign entity of concern (as defined in section 108 of the <short-title>Steel Modernization Act of 2024</short-title>); and</text></paragraph><paragraph id="H99136E47E6F744DEB257759FFD737C50" commented="no"><enum>(2)</enum><text display-inline="yes-display-inline">has, with respect to any qualified facility project, met the requirements described in section 101(d)(5) and (6) of the Steel Modernization Act of 2024.</text></paragraph></subsection><subsection id="HA5227919579E49B693CCB8FFBD6F5D89"><enum>(e)</enum><header>On-Site zero-Emission energy project program</header><paragraph id="H0F47FDC471F843D8B616A20321E51B19"><enum>(1)</enum><header>Establishment</header><subparagraph id="HE5AE3A3E37B148A798B9BBF89C6A52CE"><enum>(A)</enum><header>In general</header><text display-inline="yes-display-inline">Not later than 180 days after the date of enactment of this section, the Secretary shall establish an on-site zero-emission energy project program to consider and award certifications for qualified investments eligible for credits under this section to qualified facility project sponsors.</text></subparagraph><subparagraph id="H990B66BFCA624449A1D9242BFCAC07BC"><enum>(B)</enum><header>Limitation</header><text>The total amount of credits that may be allocated under the program shall not exceed $500,000,000.</text></subparagraph></paragraph><paragraph id="H7E1AEA3329434E26A9750559FD0695AF"><enum>(2)</enum><header>Certification</header><subparagraph id="H3F9B416AA01A40708E41C08347843D29"><enum>(A)</enum><header>Application period</header><text display-inline="yes-display-inline">Each applicant for certification under this paragraph shall submit an application containing such information as the Secretary may require during the 2-year period beginning on the date the Secretary establishes the program under paragraph (1).</text></subparagraph><subparagraph id="H503648F034BB45508A8436D9EC355100"><enum>(B)</enum><header>Time to meet criteria for certification</header><text display-inline="yes-display-inline">Each applicant for certification shall have 1 year from the date of acceptance by the Secretary of the application during which to provide to the Secretary evidence that the requirements of the certification have been met.</text></subparagraph><subparagraph id="H9B68B02E8A484B229CE3787EA01F6394"><enum>(C)</enum><header>Period of issuance</header><text display-inline="yes-display-inline">An applicant which receives a certification shall have 3 years from the date of issuance of the certification in order to place the project in service and if such project is not placed in service by that time period, then the certification shall no longer be valid.</text></subparagraph></paragraph><paragraph id="H33AE63E6F2FC4F49ABD816C93AF30312"><enum>(3)</enum><header>Selection criteria</header><text display-inline="yes-display-inline">In determining which qualified facility projects to certify under this section, the Secretary—</text><subparagraph id="H6E30CB895D0149B2B059C01683A61687"><enum>(A)</enum><text display-inline="yes-display-inline">shall take into consideration only those projects where there is a reasonable expectation of commercial viability, and</text></subparagraph><subparagraph id="H8B9B845D690F4CC1895F7848AD5ED0ED"><enum>(B)</enum><text display-inline="yes-display-inline">shall take into consideration which projects— </text><clause id="H36B642E9D3D04345825086FBCEC886E2"><enum>(i)</enum><text>will provide the greatest domestic job creation (both direct and indirect) during the credit period,</text></clause><clause id="H6442A5F97F3B4C739F303CCF6901F39C"><enum>(ii)</enum><text>will provide the greatest net impact in avoiding or reducing air pollutants or anthropogenic emissions of greenhouse gases, </text></clause><clause id="H927CBFEC3C2D4076B98BEB7F9F5146AD"><enum>(iii)</enum><text>have the greatest potential for technological innovation and commercial deployment, </text></clause><clause id="HC38492FA255F41D6AC315ADB79C93179"><enum>(iv)</enum><text>have the lowest levelized cost of generated or stored energy, or</text></clause><clause id="H717E9C36E10D45919363132E92233506"><enum>(v)</enum><text>of measured reduction in energy consumption or greenhouse gas emission (based on costs of the full supply chain), </text></clause></subparagraph><subparagraph id="H558AE0E235894838B7B06D6224EDB9E7"><enum>(C)</enum><text>have the shortest project time from certification to completion, and</text></subparagraph><subparagraph id="H34DC806DB95C45258A9BFD6D3707AEE8" commented="no"><enum>(D)</enum><text display-inline="yes-display-inline">shall take into consideration only those projects that have met the requirements described in section 101(d)(5) and (6) of the Steel Modernization Act of 2024.</text></subparagraph></paragraph><paragraph id="HB4313CB4B2B34D4FA85278742084BF03"><enum>(4)</enum><header>Review and Redistribution</header><subparagraph id="H07448F0B176D47369FB682D89E85A59E"><enum>(A)</enum><header>Review</header><text>Not later than 4 years after the date of enactment of this section, the Secretary shall review the credits allocated under this section as of such date. </text></subparagraph><subparagraph id="HCEEBD4B46B2A4086BF02C7A302BC8146"><enum>(B)</enum><header>Redistribution</header><text>The Secretary may reallocate credits awarded under this section if the Secretary determines that— </text><clause id="H33EA8A8911244C5EA50AC0C77DBC0A2B"><enum>(i)</enum><text>there is an insufficient quantity of qualifying applications for certification pending at the time of the review, or</text></clause><clause id="H1B74A52AAD6A472AA33AF00413FF65DF"><enum>(ii)</enum><text>any certification made pursuant to paragraph (2) has been revoked pursuant to paragraph (2)(B) because the project subject to the certification has been delayed as a result of third party opposition or litigation to the proposed project. </text></clause></subparagraph><subparagraph id="H127B4773E7AB4D99BB3A45239F6FABD9"><enum>(C)</enum><header>Reallocation</header><text>If the Secretary determines that credits under this section are available for reallocation pursuant to the requirements set forth in paragraph (2), the Secretary is authorized to conduct an additional program for applications for certification. </text></subparagraph></paragraph><paragraph id="HC939D11841BE43BBB67496A43C57CEDF"><enum>(5)</enum><header>Disclosure of Allocations</header><text>The Secretary shall, upon making a certification under this subsection, publicly disclose the identity of the applicant and the amount of the credit with respect to such applicant.</text></paragraph></subsection><subsection id="H337382012C2442579E035D21BAAB7EA3" display-inline="no-display-inline"><enum>(f)</enum><header>Inflation adjustment</header><text display-inline="yes-display-inline">In the case of any taxable year beginning in a calendar year after 2024, there shall be substituted for the dollar amount in subsection (b)(3)(B)(i) an amount equal to the product of—</text><paragraph id="HDBC9A74B90E54CA38C77A7E05AB0AF8C"><enum>(1)</enum><text>such dollar amount, multiplied by</text></paragraph><paragraph id="HFE6DBE94A11A4F1AB352307AA773F457"><enum>(2)</enum><text>the inflation adjustment factor for such calendar year determined under section 43(b)(3)(B) for such calendar year, determined by substituting <quote>2023</quote> for <quote>1990</quote>. </text></paragraph></subsection><subsection id="H48B18DFDEBA7444193260887F9D16F72"><enum>(g)</enum><header>Sunset</header><text display-inline="yes-display-inline">This section shall not apply to taxable years beginning after December 31, 2045.</text></subsection></section><section id="HCA5FB2FD3096437FA83F8C0610DC2692"><enum>48G.</enum><header>Iron and steel green energy and grid system upgrade investment credit</header><subsection id="HF11E05A17CC8470399D01881D63BA944"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">In the case of an eligible taxpayer, for purposes of section 46, the iron and steel green energy and grid system upgrade investment credit for any taxable year is an amount equal to 10 percent of the qualified investment for such taxable year.</text></subsection><subsection id="HB42AC3EFBF6F4050AD524AEAD26BA22C"><enum>(b)</enum><header>Definitions</header><text>For purposes of this section—</text><paragraph id="HA7AD49B7E60548ADB181423623B23CE4" commented="no"><enum>(1)</enum><header>Eligible taxpayer</header><text display-inline="yes-display-inline">In this section, the term <term>eligible taxpayer</term> means a taxpayer that—</text><subparagraph id="H8E0A10F79F024392AB72760FB0D926C2" commented="no"><enum>(A)</enum><text>is not under the influence, control, or ownership of a foreign entity of concern (as defined in section 108 of the Steel Modernization Act of 2024), and</text></subparagraph><subparagraph id="H0CDAAEF3CE8B4B50B3D6D7AB53B19C5F" commented="no"><enum>(B)</enum><text>has, with respect to any qualified interconnection property and qualified property, met the requirements described in section 101(d)(5) and (6) of the Steel Modernization Act of 2024.</text></subparagraph></paragraph><paragraph id="HE8D4FFBEE069489E97CDF6FDBFE372DE"><enum>(2)</enum><header>Qualified investment</header><text>The qualified investment for any taxable year is the sum of—</text><subparagraph id="H5C83CC5368BB46309FCB226DEB414CA3"><enum>(A)</enum><text>the amount of any expenditures which are paid or incurred by the taxpayer for qualified interconnection property—</text><clause id="H820F8761AD9440D7BEAFA9E31E8F764F"><enum>(i)</enum><text>placed in service during the taxable year of the taxpayer, and</text></clause><clause id="HDE6842F740514B038D73B26EBE28234A"><enum>(ii)</enum><text>properly chargeable to capital account of the taxpayer, and</text></clause></subparagraph><subparagraph id="H9D91207EEB0C4024870D487770AC2FFC"><enum>(B)</enum><text display-inline="yes-display-inline">the basis of any qualified property placed in service by the taxpayer during such taxable year which is part of a qualified facility.</text></subparagraph></paragraph><paragraph id="HDF8B8CB3C4554A38A6D6D93B2FA56DB8"><enum>(3)</enum><header>Qualified interconnection property</header><text display-inline="yes-display-inline">The term <term>qualified interconnection property</term> means qualified interconnection property (as such term is defined in section 48(a)(8)(B)) which is necessary to transmit energy to an eligible facility.</text></paragraph><paragraph id="H80EA9488FF714DE4A8936F6ABFB2B5A5"><enum>(4)</enum><header>Qualified property</header><text display-inline="yes-display-inline">The term <term>qualified property</term> has the meaning given such term in section 48E(b)(2).</text></paragraph><paragraph id="HBEB553EE7FD644DABAA4332CDBBBBD07"><enum>(5)</enum><header>Qualified facility</header><text>The term <term>qualified facility</term> means a qualified facility (as defined in section 48E(B)(3) except that such paragraph shall be applied without regard to subparagraph (C) thereof) which sells energy attribution certificates to an eligible facility.</text></paragraph><paragraph id="H2D680039E4394762A25C529699AF3519"><enum>(6)</enum><header>Eligible facility</header><text display-inline="yes-display-inline">The term <term>eligible facility</term> has the meaning given such term in section 108 of the <short-title>Steel Modernization Act of 2024</short-title>.</text></paragraph></subsection><subsection id="HFDC4DA6B7B0C48699D96C5C14E21285F"><enum>(c)</enum><header>Sunset</header><text display-inline="yes-display-inline">This section shall not apply to taxable years beginning after December 31, 2045.</text></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block></subsection><subsection id="HE7CCBD50BF5C4BB79CA34513C6C6E4B9"><enum>(b)</enum><header>Conforming amendments</header><paragraph id="H210C45571FA34425B4B150298A09B7A6"><enum>(1)</enum><text display-inline="yes-display-inline">Section 46 of such Code is amended by striking <quote>and</quote> at the end of paragraph (6), by striking the period at the end of paragraph (7) and inserting a comma, and by adding at the end the following new paragraphs:</text><quoted-block style="OLC" id="H843CB27F9BD94C2A9358B96E43099DCA" display-inline="no-display-inline"><paragraph id="H2B1A815F77DC496D8709D1C57E3B8611"><enum>(8)</enum><text display-inline="yes-display-inline">the on-site zero-emission energy investment credit, and</text></paragraph><paragraph id="H2B16924FCC6C408596F77F683D40D514"><enum>(9)</enum><text>the iron and steel green energy and grid system upgrade investment credit.</text></paragraph><after-quoted-block>.</after-quoted-block></quoted-block></paragraph><paragraph id="HD0C0581D170244E1A95C0F46A61CFEF9"><enum>(2)</enum><text>Section 49(a)(1)(C) of such Code is amended by striking <quote>and</quote> at the end of clause (vii), by striking the period at the end of clause (viii) and inserting a comma, and by adding at the end the following new clauses:</text><quoted-block style="OLC" id="HE32A61D2C5834FAB8156EB6122F53965" display-inline="no-display-inline"><clause id="H84DBC542AB594FFB9E457722907CA3A4"><enum>(ix)</enum><text display-inline="yes-display-inline">the basis of any qualified property which is part of a qualified facility under section 48F, and</text></clause><clause id="HF6C607CFCF154F51AE554E244B42792E"><enum>(x)</enum><text>the basis of any qualified interconnection property and any qualified property which is part of a qualified facility under section 48G.</text></clause><after-quoted-block>.</after-quoted-block></quoted-block></paragraph></subsection><subsection id="H26AE4F5464A14A76949D58B11F62F5B4"><enum>(c)</enum><header>Clerical amendment</header><text display-inline="yes-display-inline">The table of sections for subpart E of subchapter A of chapter 1 of such Code is amended by inserting after the item relating to section 48E the following new items:</text><quoted-block style="OLC" id="H30B83A415D0E45A0B4F0D728F8CF66C9" display-inline="no-display-inline"><toc regeneration="no-regeneration"><toc-entry idref="H10FF84466D9C4131A585E1313D77431C" level="section">Sec. 48F. On-site zero-emission energy investment credit.</toc-entry><toc-entry idref="HCA5FB2FD3096437FA83F8C0610DC2692" level="section">Sec. 48G. Iron and steel green energy and grid system upgrade investment credit.</toc-entry></toc><after-quoted-block>.</after-quoted-block></quoted-block></subsection><subsection id="H1572A677D9534B62B5060163C142FCBC"><enum>(d)</enum><header>Effective date</header><text>The amendments made by this section shall apply to property placed in service after the date of the enactment of this Act.</text></subsection></section><section id="H91D8D448F12140238465F90AFCCAC7B8"><enum>105.</enum><header>Study and report on demand generation</header><text display-inline="no-display-inline">The Secretary of Energy shall conduct a study, and publish a report on the findings of such study on a publicly accessible website, on opportunities for new Federal, State, and local policies, regulations, and other measures to help stimulate demand for near-zero emissions intensity iron and near-zero emissions intensity steel, including demand related to shipbuilding, railroads, and offshore wind electricity generation. </text></section><section id="HCF9D7A49924A4A47B174F917EF3D8E70" commented="no"><enum>106.</enum><header>Report on strategy to bring zero-greenhouse gas emissions electricity to the electric grid</header><text display-inline="no-display-inline">Not later than 1 year after the date of enactment of this Act, the Secretary of Energy shall submit to Congress a report describing—</text><paragraph id="HC2BF96B44C754BDDB18729574865CEEC"><enum>(1)</enum><text>a whole of Government strategy to—</text><subparagraph id="HC7D6EE44399C4D4AADD56D4C50A2FB87" commented="no"><enum>(A)</enum><text>increase the supply of zero-greenhouse gas emissions electricity on the electric grid;</text></subparagraph><subparagraph id="HAE4608E66FAB4790849E72F9FFB0AF97" commented="no"><enum>(B)</enum><text>improve electricity transmission; </text></subparagraph><subparagraph id="HDED02F9B4B2E4889966E6E91F7A105E6" commented="no"><enum>(C)</enum><text>upgrade regional energy distribution systems; and</text></subparagraph><subparagraph id="HB873EB28132D458980EA582FAF0B4CF7"><enum>(D)</enum><text>ensure industrial entities can afford zero-greenhouse gas emissions electricity;</text></subparagraph></paragraph><paragraph id="H8CCD17FFDF7A42E7AD651CE1D1D57F58"><enum>(2)</enum><text>the amount of steel, aluminum, and other materials produced in the United States that would be needed to implement such strategy; and</text></paragraph><paragraph id="HE4BA6712BF084C60B276658E4E79C4D5"><enum>(3)</enum><text>additional investments and policies recommended to be able to finish and fabricate materials described in paragraph (2) domestically.</text></paragraph></section><section id="HC73711866680405294EBA1612446C491" commented="no"><enum>107.</enum><header>Prohibition</header><text display-inline="no-display-inline">None of the funds authorized to be appropriated or otherwise made available pursuant to this Act may be made available—</text><paragraph id="H90460B3E793A4EA89D6D67A1EB6E1225" commented="no"><enum>(1)</enum><text>to construct, modify, retrofit, or otherwise be used for a facility that is not located in the United States; or</text></paragraph><paragraph id="H063192E9AE4D4CA9A864D966C2038878" commented="no"><enum>(2)</enum><text display-inline="yes-display-inline">to any entity that is partly or wholly owned by—</text><subparagraph id="HB0ABF016EEE0415990889BD5BAEC0238" commented="no"><enum>(A)</enum><text>the Government of the People’s Republic of China; or </text></subparagraph><subparagraph id="H7DB5FB34123F436DB4E5F5D5E8AF0053" commented="no"><enum>(B)</enum><text>a foreign entity of concern.</text></subparagraph></paragraph></section><section id="HDFDCEF7C60B94BCFBC5708B354CE38D6" commented="no"><enum>108.</enum><header>Definitions</header><text display-inline="no-display-inline">In this title:</text><paragraph id="H1B460BF70A824D5989ADD1F9F97DCFCA" commented="no"><enum>(1)</enum><header>Advanced industrial iron technology</header><text display-inline="yes-display-inline">The term <term>advanced industrial iron technology</term> means a technology related to iron production that is directly involved in an industrial process, and designed to reduce, or results in a reduction of, greenhouse gas emissions, as determined by the Secretary of Energy.</text></paragraph><paragraph id="H57AE3815976D4AE4BF7BE31A41F4C6FF"><enum>(2)</enum><header>Advanced industrial steel technology</header><text display-inline="yes-display-inline">The term <term>advanced industrial steel technology</term> means a technology related to steel production that is directly involved in an industrial process, and designed to reduce, or results in a reduction of, greenhouse gas emissions, as determined by the Secretary of Energy.</text></paragraph><paragraph id="H7ADFA79F42D74F65A53938459D9BF1A1"><enum>(3)</enum><header>Clean hydrogen</header><subparagraph id="HD71E97654E584AFE8A18CB93C7227261"><enum>(A)</enum><header>In general</header><text display-inline="yes-display-inline">The term <term>clean hydrogen</term> means hydrogen that is produced through a process that results in a lifecycle greenhouse gas emissions rate of not greater than 0.45 kilograms of carbon dioxide equivalent per kilogram of hydrogen.</text></subparagraph><subparagraph id="H8A23F4F1D76B423AA1C194431AE70886"><enum>(B)</enum><header>Lifecycle greenhouse gas emissions</header><text>For purposes of subparagraph (A), the term <term>lifecycle greenhouse gas emissions</term> shall only include emissions through the point of production, as determined under the most recent Greenhouse gases, Regulated Emissions, and Energy use in Transportation model (commonly referred to as the <quote>GREET model</quote>) developed by Argonne National Laboratory, or a successor model (as determined by the Secretary of Energy).</text></subparagraph></paragraph><paragraph id="H56CC7039997049E591A3216CC64390BD" commented="no"><enum>(4)</enum><header>Covered financial assistance</header><text>The term <term>covered financial assistance</term> includes a grant, rebate, direct loan, cooperative agreement, low- to no-interest loans, and a loan guarantee.</text></paragraph><paragraph id="H42CF09F6CDAB4BB3B5B05679646131D3" commented="no"><enum>(5)</enum><header>Early-stage</header><text display-inline="yes-display-inline">The term <term>early-stage</term> means, with respect to a technology, that the technology has not yet been proven viable at scale.</text></paragraph><paragraph id="H57D79EFA669A4367A94516E59CCD7660" commented="no"><enum>(6)</enum><header>Eligible entity</header><text>The term <term>eligible entity</term> means the owner or operator of an eligible facility.</text></paragraph><paragraph id="H1485BB731E8D4A76888A65FDC9A0CF82" commented="no"><enum>(7)</enum><header>Eligible facility</header><text display-inline="yes-display-inline">The term <term>eligible facility</term> means a domestic, non-Federal, nonpower industrial or manufacturing facility engaged in production processes or research and development for iron, steel, steel mill products, or other industrial processes related to iron or steel-making, as determined by the Secretary of Energy.</text></paragraph><paragraph id="H3A04096B335F4535B03D6095EADA967B" commented="no"><enum>(8)</enum><header>Environmental justice community</header><text display-inline="yes-display-inline">The term <term>environmental justice community</term> means a community with significant representation of communities of color, low-income communities, or Tribal and indigenous communities, that experiences, or is at risk of experiencing, higher or more adverse human health or environmental effects than other communities.</text></paragraph><paragraph id="H13D36D75B8D84B7C90F27F5C54854A2F"><enum>(9)</enum><header>Existing or legacy iron or steel-making community</header><text display-inline="yes-display-inline">The term <term>existing or legacy iron or steel-making community</term> means—</text><subparagraph id="H760BC190205C4F118F3EFB9A4D9F961D"><enum>(A)</enum><text display-inline="yes-display-inline">an area that is within a 25 mile radius of an iron or steel production facility—</text><clause id="H99163B09C8554994AA38FBD0C6FF1394"><enum>(i)</enum><text>that is producing iron or steel as of the date of enactment of this Act; or</text></clause><clause id="HCA4797D91BAD467E9B05FC5EF1F2D289"><enum>(ii)</enum><text>that has produced iron or steel anytime since January 1, 1985; or</text></clause></subparagraph><subparagraph id="H6BF552D936494C45AD0D51C7A6AD39BF" commented="no"><enum>(B)</enum><text>any community within a 25 mile radius of a location in which metallurgical coke, or metallurgical coal destined to be metallurgical coke, has been produced, mined, or processed at any time since January 1, 1985. </text></subparagraph></paragraph><paragraph id="HBD29F8A1B861490C8D63CB38843936A8"><enum>(10)</enum><header>Foreign entity of concern</header><text display-inline="yes-display-inline">The term <term>foreign entity of concern</term> has the meaning given such term in section 40207(a)(5) of the Infrastructure Investment and Jobs Act (<external-xref legal-doc="usc" parsable-cite="usc/42/18741">42 U.S.C. 18741(a)(5)</external-xref>).</text></paragraph><paragraph id="HA9EA850051CB43A7A969A777E9651210" commented="no"><enum>(11)</enum><header>Frontline community</header><text display-inline="yes-display-inline">The term <term>frontline community</term> means—</text><subparagraph id="H759A6FEF4FB54F2DB2C0E5539BC2EE70" commented="no"><enum>(A)</enum><text>a low-income community;</text></subparagraph><subparagraph id="H17FBF389852C4C858314203692B37FBD" commented="no"><enum>(B)</enum><text>an environmental justice community; or</text></subparagraph><subparagraph id="HD75DF2B3525B4EBEB6FEC0C3E83123B8" commented="no"><enum>(C)</enum><text display-inline="yes-display-inline">a disadvantaged community (as defined by the Justice40 Initiative established under section 223 of Executive Order 14008, titled <quote>Tackling the Climate Crisis at Home and Abroad</quote>). </text></subparagraph></paragraph><paragraph id="H9F550705E4AB43079D9BB0A87D9FF95B" commented="no"><enum>(12)</enum><header>Mine-to-metal basis</header><text display-inline="yes-display-inline">The term <term>mine-to-metal basis</term> means the greenhouse gas accounting rule under criterion 10.4, <quote>Determination of site-level GHG emissions for the purpose of reporting GHG emissions intensity when producing crude steel for determining a site’s greenhouse gas emissions</quote>, under Responsible Steel International Production Standard Version 2.1, effective from May 21, 2024.</text></paragraph><paragraph id="HDC85D740E0014DF287F017389D1C1243" commented="no"><enum>(13)</enum><header>Near-zero emissions intensity iron</header><text>The term <term>near-zero emissions intensity iron</term> means iron that has an emissions intensity of 0.35 tons of carbon dioxide equivalent per ton of iron or less, with greenhouse gas emissions determined on a mine-to-metal basis. </text></paragraph><paragraph id="HC75DFF0182134AA3B1348818934A0F88" commented="no"><enum>(14)</enum><header>Near-zero emissions intensity steel</header><text display-inline="yes-display-inline">The term <term>near-zero emissions intensity steel</term> means steel that has an emissions intensity that is equal to or less than progress level 4 emissions intensity that is determined, using a sliding scale of emissions intensity based on scrape share of metallics input, in accordance with criterion 10.6 of Responsible Steel International Production Standard Version 2.1, effective from May 21, 2024, and with greenhouse gas emissions determined on a mine-to-metal basis. </text></paragraph></section></title><title id="H25AFFB90768344BB83D4FEC766DBD719"><enum>II</enum><header>Tariff on dirty imported steel</header><section id="H10E9FBB41A224BFFBCFA02945B34FAA9"><enum>201.</enum><header>Calculation of emissions intensity</header><subsection id="H8970B1C8756A412BB9153A5B1F99DA96"><enum>(a)</enum><header>Domestic emissions intensity report</header><text display-inline="yes-display-inline">Not later than June 30, 2026, and every 2 years thereafter, the United States International Trade Commission shall transmit to the President and publish a report with respect to the following:</text><paragraph id="HBBB6AB3752074722BFB5F298C9DE54AF"><enum>(1)</enum><text display-inline="yes-display-inline">The average greenhouse gas emissions intensity of domestic iron and steel production, expressed in tons of CO2-e per ton of iron or steel, respectively.</text></paragraph><paragraph id="HC9432BC0E6DE4A1295C3DD005D4F036E"><enum>(2)</enum><text display-inline="yes-display-inline">The average greenhouse gas emissions intensity of the domestic manufacture of covered iron and steel product categories and finished goods produced using covered iron and steel product categories, expressed in tons of CO2-e per ton of iron or steel, respectively.</text></paragraph><paragraph id="HE8F67C43370946CEBFFA6415831916CC"><enum>(3)</enum><text>An estimate the 90th emissions intensity percentiles for all domestically manufactured reported product categories.</text></paragraph></subsection><subsection id="H5A43E849E058480BAD27A70F8D15BD40"><enum>(b)</enum><header>International emissions intensity report</header><paragraph id="H405C3F3B88F54C3DBBEA244F7552A860"><enum>(1)</enum><header>In general</header><text>No later than June 30, 2026, and every 2 years thereafter, the United States International Trade Commission shall transmit to the President and publish a report with respect to the emissions intensity of the manufacture of covered iron and steel products in all foreign markets from which the United States imported in excess of $200,000,000 of iron and steel products, including finished goods, in any 1 of the preceding 5 years. The emissions intensity with respect to such covered products shall be determined based on—</text><subparagraph id="HBB99D9CE3461428A87528B7D86DC229A"><enum>(A)</enum><text display-inline="yes-display-inline">the emissions intensity of the general economy of the country of origin of covered products as compared to the emissions intensity of the United States economy; or</text></subparagraph><subparagraph id="H8057E3DD2CDD441DBCB1D680156AD990"><enum>(B)</enum><text>if the Commission determines that transparent, verifiable, and reliable information is available with respect to the iron and steel industry in the country of origin of covered products and that the country of origin is a transparent market economy—</text><clause id="H2D64872B08F243D999FB9912BDC522F1"><enum>(i)</enum><text>the emissions intensity of the iron and steel industry in such country; or</text></clause><clause id="H555C3612359745EDB4BD85DCBE774C7D"><enum>(ii)</enum><text>if sufficiently disaggregated information is available, the emissions intensity of the manufacture of specific covered product in such country.</text></clause></subparagraph></paragraph><paragraph id="HECC8B67CD89E41DEAA525F982E2031F5" display-inline="no-display-inline"><enum>(2)</enum><header>Aggregation rule</header><text>For purposes of this subsection, the average emissions intensity with respect to the production of a covered iron or steel product shall be determined based upon greenhouse gas emission and production data from all facilities which produce such good which are under common control of the manufacturer of such good, including any subsidiary, parent company, or joint venture of such manufacturer within the country of origin.</text></paragraph><paragraph id="H78DD1F09F1734980A1016FC507D39F05" commented="no" display-inline="no-display-inline"><enum>(3)</enum><header>Inputs</header><text>With respect to any covered iron or steel product which is imported into the United States and for which other covered iron or steel products were used as inputs by the manufacturer in the production of the imported product, any greenhouse gas emissions associated with the production of the other inputs shall be included in the determination of the greenhouse gas emissions associated with production of the imported product.</text></paragraph><paragraph id="H850CBC15444946F1ABEEEFB25D1F323D"><enum>(4)</enum><header>Emissions intensity of the general economy</header><text display-inline="yes-display-inline">For purposes of this subsection, with respect to any country, the emissions intensity of the general economy of such country shall be an amount equal to the quotient of—</text><subparagraph id="H67A1D321EC774921ADC2FCBC9FC73221"><enum>(A)</enum><text>the greenhouse gas emissions of such country for the most recent year for which the President determines there is reliable information, divided by</text></subparagraph><subparagraph id="HFE41CAC858D2437997ABB925343313A4" commented="no" display-inline="no-display-inline"><enum>(B)</enum><text display-inline="yes-display-inline">the gross domestic product of such country for such most recent year.</text></subparagraph></paragraph><paragraph id="HEF15B3FB33D2482B99D7F984AEB8B29A"><enum>(5)</enum><header>Recommended emissions intensity tariff</header><text>The Commission shall also include in each report published pursuant to paragraph (1) recommendations with respect to each applicable foreign market of the tariff rate to impose with respect to the importation of covered products from such market in order to compensate for any greater emissions intensity of production in such market.</text></paragraph></subsection><subsection id="H3B371CADBE1C4D5F9620E94E0D7AFD2E"><enum>(c)</enum><header>Petition</header><text display-inline="yes-display-inline">In the case of any entity which imports a covered iron or steel product for which the Commission determines the emissions intensity under <internal-xref idref="HBB99D9CE3461428A87528B7D86DC229A" legis-path="201.(b)(1)(A)">subsection (b)(1)(A)</internal-xref> or <internal-xref idref="H2D64872B08F243D999FB9912BDC522F1" legis-path="201.(b)(1)(B)(i)">subsection (b)(1)(B)(i)</internal-xref>, such entity may submit to the President a petition to determine any tariff pursuant to <internal-xref idref="H2E4970164A7B41E29AF4916DF24D2C6F" legis-path="202.">section 202</internal-xref> based on the average emissions intensity with respect to the production of the specific covered product by the manufacturer, including such information as the President may determine necessary to calculate such average emissions intensity.</text></subsection></section><section id="H2E4970164A7B41E29AF4916DF24D2C6F"><enum>202.</enum><header>Imposition of emissions intensity tariff</header><subsection id="HCB618FE4CBB64EE4B4EAF6F32D94D6A6"><enum>(a)</enum><header>In general</header><paragraph id="H8F8212ADF6BF45C7AC07306239EE0F67"><enum>(1)</enum><header>Covered products</header><text>In the case of any covered iron or steel product imported into the United States or withdrawn from warehouse for consumption on or after the date that is 90 days after the publication of the first report required by <internal-xref idref="H8970B1C8756A412BB9153A5B1F99DA96" legis-path="201.(a)">section 201(a)</internal-xref>, the President shall impose an additional tariff—</text><subparagraph id="H90D9D196CD7A49C19C50678302F9D51C"><enum>(A)</enum><text>pursuant to the recommendation with respect to the applicable foreign market in the most recent report published pursuant to <internal-xref idref="H5A43E849E058480BAD27A70F8D15BD40" legis-path="201.(b)">section 201(b)</internal-xref>); or</text></subparagraph><subparagraph id="H9A5C614B9E1A429F98276A89E4FAE82B"><enum>(B)</enum><text>in such other amount as the President may determine appropriate to carry out the purposes of this title.</text></subparagraph></paragraph><paragraph id="H7B03197FDE3049BE986E953CD726F796"><enum>(2)</enum><header>Finished goods</header><text>In the case of any finished good which is imported into the United States on or after January 1, 2027, the President shall impose an additional tariff in an amount equal to the sum of the rates determined in accordance with paragraph (1) with respect to each covered iron or steel product that is a component part of such finished good.</text></paragraph><paragraph id="HD088831BE5394D76AC70F8C1B7C2B915"><enum>(3)</enum><header>Covered products from nonmarket economies</header><text>For any covered iron or steel product imported from a country the Commission determines, pursuant to <internal-xref idref="H8057E3DD2CDD441DBCB1D680156AD990" legis-path="201.(b)(1)(B)">section 201(b)(1)(B)</internal-xref>, is not a transparent market economy, the tariff imposed shall be double the amount calculated pursuant to paragraph (1) or paragraph (2).</text></paragraph></subsection><subsection id="HC12E043EAA0E4851B5EEF4F8D2C72F99"><enum>(b)</enum><header>Carbon clubs waiver</header><text>The President may waive the tariff otherwise imposed under this section with respect to covered iron and steel products imported from a country if the President determines that the country—</text><paragraph id="H98DC305309874327897471DBEFF60B96"><enum>(1)</enum><text display-inline="yes-display-inline">has implemented policies which impose explicit costs on the emission of greenhouse gases which are materially similar to the charges imposed pursuant to the provisions of this section;</text></paragraph><paragraph id="H912AC72DAC274DE3A37BDD2EF9F2C3B8"><enum>(2)</enum><text display-inline="yes-display-inline">imposes such costs on similar product categories and based on the emissions intensity of production in the country of origin;</text></paragraph><paragraph id="H70069D3BDA7E4A1493B5CEFA334150CF"><enum>(3)</enum><text>achieves an emissions intensity for the domestic manufacture of covered product categories that does not exceed 150 percent of the emissions intensity of manufacture in the United States; and </text></paragraph><paragraph id="H8875830C110A44C6B7988605C6AD7450"><enum>(4)</enum><text>waives any tariffs that would be imposed pursuant to such emissions policy on products from the United States.</text></paragraph></subsection><subsection id="HA2199CED0E75436F88012184CFF6827C"><enum>(c)</enum><header>Melted and poured standard</header><text>If a covered iron or steel product imported into the United States is melted or poured in a third country, the tariff imposed under this section shall be determined based on the emissions intensity of the third country rather than the country from which the product is imported, unless the President has approved a petition submitted pursuant to <internal-xref idref="H3B371CADBE1C4D5F9620E94E0D7AFD2E" legis-path="201.(c)">section 201(c)</internal-xref> with respect to the importation of such product.</text></subsection></section><section id="H6CFEB69D70EF4576A5ED5CBFFA5F007B" commented="no"><enum>203.</enum><header>Definitions</header><text display-inline="no-display-inline">In this title:</text><paragraph id="H485DB8402FCD4369A2D65EDCD96F6029" commented="no"><enum>(1)</enum><header>Administrator</header><text>The term <term>Administrator</term> means the Administrator of the Environmental Protection Agency.</text></paragraph><paragraph id="H5AA585D6DB6F4E099730A05309DF24AD" commented="no"><enum>(2)</enum><header><enum-in-header>CO2-e</enum-in-header></header><subparagraph id="H0066603CA9A345C394B76479300D1C06" commented="no"><enum>(A)</enum><header>In general</header><text>Subject to subparagraph (B), the term <term>CO2-e</term> means, with respect to a greenhouse gas, the quantity of such gas that has a global warming potential equivalent to 1 metric ton of carbon dioxide, as determined pursuant to table A–1 of subpart A of part 98 of title 40, Code of Federal Regulations, as in effect on the date of the enactment of this subchapter.</text></subparagraph><subparagraph id="H8E1BA0CCA1DB42DEBFC33E3E3A4FD21A" commented="no"><enum>(B)</enum><header>Methane</header><text>In the case of methane, the term <term>CO2-e</term> means the quantity of methane that has the same global warming potential over a 20-year period as 1 metric ton of carbon dioxide, as determined by the Administrator.</text></subparagraph></paragraph><paragraph id="H4AC43256A67F4493925D1516B7A74C1F" commented="no"><enum>(3)</enum><header>Covered iron product; covered steel product</header><subparagraph id="HB2C4F8DB0B64451FAC7A3B6CC926A94B"><enum>(A)</enum><header>In general</header><text>The terms <term>covered iron product</term> and <term>covered steel product</term> are defined as follows:</text><clause id="H11ECB2514B0B400DBF60F3586084E06C"><enum>(i)</enum><text>Articles classifiable under the following headings of the Harmonized Tariff Schedule of the United States:</text><subclause id="H8AAFEB1031F842CDA7C6E459CC906DE1"><enum>(I)</enum><text display-inline="yes-display-inline">7206.10 through 7216.50.</text></subclause><subclause id="H8F6ECFAEE25E431E85CCFF91FCE73288"><enum>(II)</enum><text>7216.99 through 7301.10.</text></subclause><subclause id="HF44B0860EAF343FD9EEC30D2321793B3"><enum>(III)</enum><text>7302.10.</text></subclause><subclause id="H4970235594D64FA48D631ADFE56AE215"><enum>(IV)</enum><text>7302.40 through 7302.90.</text></subclause><subclause id="HF7273A96E15244ED837DDAFB481C9CAF"><enum>(V)</enum><text>7304.10 through 7306.90.</text></subclause></clause><clause id="H0A0C722EB32F4D6388D9F4876B844394"><enum>(ii)</enum><text display-inline="yes-display-inline">Subject to <internal-xref idref="H7B8BA0CADA804EAC9AD3D35B70574A9A" legis-path="204.(4)(B)">subparagraph (B)</internal-xref>, any other iron or steel article the President determines is imported from a country with a greater emissions intensity than the United States, if the President directs and the Commission subsequently includes—</text><subclause id="H0782324FE7464444808F3FD2E88E1382"><enum>(I)</enum><text>an analysis of the domestic production of such product in the most recent study published in accordance with <internal-xref idref="H8970B1C8756A412BB9153A5B1F99DA96" legis-path="201.(a)">section 201(a)</internal-xref>; and</text></subclause><subclause id="H7767ADD66861455D87EB11311D7A315D"><enum>(II)</enum><text>an analysis of the foreign production of such product in the most recent study published in accordance with <internal-xref idref="H5A43E849E058480BAD27A70F8D15BD40" legis-path="201.(b)">section 201(b)</internal-xref>.</text></subclause></clause></subparagraph><subparagraph id="H7B8BA0CADA804EAC9AD3D35B70574A9A"><enum>(B)</enum><header>Exclusions</header><text>A product otherwise meeting the definition under <internal-xref idref="HB2C4F8DB0B64451FAC7A3B6CC926A94B" legis-path="203.(3)(A)">subparagraph (A)</internal-xref> shall not be treated as a covered iron product or a covered steel product, as applicable, under this title if—</text><clause id="H9E7D2C2F8B6B44778F3348D82871E297"><enum>(i)</enum><text>a like or similar article is not produced in the United States;</text></clause><clause id="HC29E603E20C947B7A1114CA468D0331F"><enum>(ii)</enum><text display-inline="yes-display-inline">the product is produced in (including as a component of a finished good) and imported from a relatively least developed country (as described in section 124 of the Foreign Assistance Act of 1961 (<external-xref legal-doc="usc" parsable-cite="usc/22/2151v">22 U.S.C. 2151v</external-xref>)) that does not produce at least 3 percent of total global exports, by value, of the product; or</text></clause><clause id="H1450DD531CD4426B87CEA478F187AB75"><enum>(iii)</enum><text>the product is imported from a country during any period in which a waiver is in effect with respect to such country pursuant to <internal-xref idref="HC12E043EAA0E4851B5EEF4F8D2C72F99" legis-path="202.(b)">section 202(b)</internal-xref>.</text></clause></subparagraph></paragraph><paragraph id="H07C4DC7414D048FDA60D86C6BCB488A7" commented="no"><enum>(4)</enum><header>Finished good</header><subparagraph id="HFD6606D194D44380AC70CF4766840DE6" commented="no" display-inline="no-display-inline"><enum>(A)</enum><header>In general</header><text display-inline="yes-display-inline">The term <term>finished good</term> means any good which—</text><clause id="H5E786FF2BD714A02B4556C1989C41383" commented="no" display-inline="no-display-inline"><enum>(i)</enum><text display-inline="yes-display-inline">for calendar years 2027 and 2028—</text><subclause id="H52BE839CF5AD4FAB93F2F290EAE030F5" commented="no" display-inline="no-display-inline"><enum>(I)</enum><text display-inline="yes-display-inline">contains greater than 500 pounds of any combination of any covered iron or steel products, or</text></subclause><subclause id="H054FE9A0F7454A43BC03D667F797F9F2" commented="no" display-inline="no-display-inline"><enum>(II)</enum><text>was produced from inputs of any combination of covered iron or steel products, the value of which comprise more than 90 percent of the total value of the material inputs involved in the production of such good,</text></subclause></clause><clause id="H41F1EFA285344E0BAB19244D2FC1D0F1" commented="no"><enum>(ii)</enum><text>for calendar years 2029 and 2030—</text><subclause id="H9ED75E686353444BBB9ED590555846FE" commented="no" display-inline="no-display-inline"><enum>(I)</enum><text display-inline="yes-display-inline">contains greater than 100 pounds of any combination of any covered iron or steel products, or</text></subclause><subclause id="HE10E88F8CC2F4CFCA0C118F59DA938F0" commented="no" display-inline="no-display-inline"><enum>(II)</enum><text>was produced from inputs of any combination of covered iron or steel products, the value of which comprise more than 75 percent of the total value of the material inputs involved in the production of such good, and</text></subclause></clause><clause id="HE3AF53D8ACD647E8A37D397D45C9CBCC" commented="no" display-inline="no-display-inline"><enum>(iii)</enum><text display-inline="yes-display-inline">for any calendar year after calendar year 2030—</text><subclause id="HD4048DDBAD3742E6B4BE29517B88C7F8" commented="no" display-inline="no-display-inline"><enum>(I)</enum><text display-inline="yes-display-inline">contains greater than such amount as is determined by the Secretary (as determined in coordination with the relevant parties, and which shall not be greater than 100 pounds) of any combination of any covered iron or steel products, or</text></subclause><subclause id="HF5447DA496204ACAA6B8AD0C3329E518" commented="no" display-inline="no-display-inline"><enum>(II)</enum><text>was produced from inputs of any combination of covered iron or steel products, the value of which comprise more than such percentage as is determined by the Secretary (as determined in coordination with the relevant parties, and which shall not be greater than 75 percent) of the total value of the material inputs involved in the production of such good.</text></subclause></clause></subparagraph><subparagraph id="H45892DE7F5AD4026B0DB0A42B8122E88" commented="no" display-inline="no-display-inline"><enum>(B)</enum><header>Exception</header><text display-inline="yes-display-inline">The term <term>finished good</term> shall not include any waste or scrap product that is imported or exported.</text></subparagraph></paragraph><paragraph id="H528E7536F7F348E1A866CC88EFC763AE" commented="no"><enum>(5)</enum><header>Greenhouse gas</header><text>The term <term>greenhouse gas</term> has the meaning given such term under section 211(o)(1)(G) of the Clean Air Act, as in effect on the date of the enactment of this subchapter.</text></paragraph><paragraph id="HA71D473385CE4CDA883CE40BEE5B8922" commented="no"><enum>(6)</enum><header>Greenhouse gas emissions</header><text>The term <term>greenhouse gas emissions</term> means the amount of greenhouse gases, expressed in metric tons of CO2-e, which were emitted to the atmosphere. </text></paragraph><paragraph id="HEB5D789D699A469D80CEF897E48A651D" commented="no" display-inline="no-display-inline"><enum>(7)</enum><header display-inline="yes-display-inline">Relevant parties</header><text>The term <term>relevant parties</term> means—</text><subparagraph id="H1DE3EC39E78B4E628DF7F1BA6AD6A25F" commented="no"><enum>(A)</enum><text>the Administrator,</text></subparagraph><subparagraph id="HB13348E238FD4C2585CF63B71043C77C" commented="no"><enum>(B)</enum><text>the Secretary of Energy,</text></subparagraph><subparagraph id="H6A129166C9074385BB95BA8202600B6D" commented="no"><enum>(C)</enum><text>the Secretary of Commerce,</text></subparagraph><subparagraph id="H46D1AFDF3A9F43058CFA312FC4D40B26" commented="no"><enum>(D)</enum><text>the United States Trade Representative, and</text></subparagraph><subparagraph id="H9A441642ABEB4F329A996E16A80D4B67" commented="no"><enum>(E)</enum><text>the Chair and Vice Chair of the United States International Trade Commission. </text></subparagraph></paragraph></section></title><title id="HB4AB4C3E962344EF8302649A93C3E9FD"><enum>III</enum><header>Expenditure of revenues</header><section id="H852C4B2A94F444A2B78ACABAD12EC3A0" commented="no"><enum>301.</enum><header>Administrative expenses</header><text display-inline="no-display-inline">For fiscal year 2025 and each subsequent fiscal year, there is appropriated, out of any funds in the Treasury not otherwise appropriated, to the Secretary of Energy an amount equal to 75 percent of the total amount collected in the preceding fiscal year pursuant to the tariff imposed under section 202, to be made available to carry out this Act.</text></section><section id="HCE6C006BD85745F594E74CD91617201F" commented="no"><enum>302.</enum><header>Economic Support Fund</header><text display-inline="no-display-inline">For fiscal year 2025 and each subsequent fiscal year, in addition to amounts otherwise available, there is appropriated, out of any funds in the Treasury not otherwise appropriated, an amount equal to 25 percent of the total amount collected in the preceding fiscal year pursuant to the tariff imposed under section 202, to be made available to carry out programs, projects, and activities authorized pursuant to section 531 of the Foreign Assistance Act of 1961 (<external-xref legal-doc="usc" parsable-cite="usc/22/2346">22 U.S.C. 2346</external-xref>; referred to as the <quote>economic support fund</quote>) to provide bilateral and multilateral assistance to foreign countries to support decarbonization programs and other climate and clean energy programs.</text></section></title></legis-body></bill> 

