[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 8262 Introduced in House (IH)]

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119th CONGRESS
  2d Session
                                H. R. 8262

    To amend the Energy Policy Act of 2005 to extend the period of 
       availability of funds and commitment authority for energy 
 infrastructure reinvestment financing and to require the solicitation 
    of applications from energy infrastructure required to generate 
      electric energy during an emergency, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 14, 2026

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

_______________________________________________________________________

                                 A BILL


 
    To amend the Energy Policy Act of 2005 to extend the period of 
       availability of funds and commitment authority for energy 
 infrastructure reinvestment financing and to require the solicitation 
    of applications from energy infrastructure required to generate 
      electric energy during an emergency, and for other purposes.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Build More Power Act''.

SEC. 2. LOAN GUARANTEES FOR ELECTRIC GENERATING FACILITIES REQUIRED TO 
              OPERATE PER AN EMERGENCY DESIGNATION.

    (a) Energy Infrastructure Reinvestment Financing.--Section 1706 of 
the Energy Policy Act of 2005 (42 U.S.C. 16517) is amended by adding at 
the end the following:
    ``(g) Section 202(c) Facilities.--
            ``(1) Treatment of required electric energy generation.--
        Energy infrastructure that is required by an order issued under 
        section 202(c) of the Federal Power Act to generate electric 
        energy shall be considered to have ceased operations for 
        purposes of subsection (a)(1).
            ``(2) Solicitation of applications.--
                    ``(A) In general.--If the Secretary issues an order 
                under section 202(c) of the Federal Power Act requiring 
                energy infrastructure to generate electric energy, the 
                Secretary shall, when issuing such order, solicit an 
                application for a guarantee under this section for a 
                project described in paragraph (1), (2), or (3) of 
                subsection (a) with respect to such energy 
                infrastructure.
                    ``(B) Existing orders.--With respect to any energy 
                infrastructure required to generate electric energy by 
                an order issued under section 202(c) of the Federal 
                Power Act on or before the date of enactment of this 
                subsection, and if such order is in effect on such date 
                of enactment, the Secretary shall, not later than 60 
                days after such date of enactment, solicit applications 
                for a guarantee under this section for projects 
                described in paragraph (1), (2), or (3) of subsection 
                (a) with respect to such energy infrastructure.''.
    (b) Extension of Availability of Funds and Commitment Authority.--
            (1) Energy policy act of 2005.--Section 1706(f) of the 
        Energy Policy Act of 2005 (42 U.S.C. 16517(f)) is amended by 
        striking ``2028'' and inserting ``2032''.
            (2) Inflation reduction act of 2022.--Section 50144 of the 
        Public Law 117-169 (42 U.S.C. 16517) is amended--
                    (A) in subsection (a), by striking ``2026'' and 
                inserting ``2032''; and
                    (B) in subsection (b)--
                            (i) by striking ``The Secretary may'' and 
                        inserting the following:
            ``(1) In general.--The Secretary may'';
                            (ii) by striking ``2028'' and inserting 
                        ``2032''; and
                            (iii) by adding at the end the following:
            ``(2) Set aside for certain section 202(c) facilities.--Of 
        the total principal amount described in paragraph (1), not less 
        than $20,000,000,000 of such amount shall be used to guarantee 
        loans for projects described in section 1706(a) of the Energy 
        Policy Act of 2005 with respect to energy infrastructure 
        required to generate electric energy by an order issued under 
        section 202(c) of the Federal Power Act.''.
    (c) Report to Congress.--Not later than 1 year after the date of 
enactment of this section, the Secretary of Energy shall submit to 
Congress a report describing--
            (1) the projects for which the Secretary made guarantees 
        under section 1706 of the Energy Policy Act of 2005 (42 U.S.C. 
        16517) during the period of 1 year beginning on such date of 
        enactment;
            (2) the amount of electric capacity added by such projects;
            (3) the total principal amount of guarantees made under 
        section 1706 of the Energy Policy Act of 2005 (42 U.S.C. 16517) 
        during the period described in paragraph (1); and
            (4) recommendations on how to best incentivize investment 
        in upgrades to aging coal facilities.
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