[Congressional Record Volume 156, Number 118 (Thursday, August 5, 2010)]
[Senate]
[Page S6904]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

      By Mr. BINGAMAN (for himself, Mrs. Boxer, and Mrs. Feinstein):
  S. 3759. A bill to amend the Energy Policy Act of 2005 to authorize 
the Secretary of Energy to issue conditional commitments for loan 
guarantees under certain circumstances; to the Committee on Energy and 
Natural Resources.
  Mr. BINGAMAN. Mr. President, I ask unanimous consent that the text of 
the bill be printed in the Record.
  There being no objection, the text of the bill was ordered to be 
printed in the Record, as follows:

                                S. 3759

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

     SECTION 1. CONDITIONAL COMMITMENTS FOR LOAN GUARANTEES.

       Section 1702 of the Energy Policy Act of 2005 (42 U.S.C. 
     16512) is amended by adding at the end the following:
       ``(l) Deadline for OMB Review.--If the Secretary submits to 
     the Director of the Office of Management and Budget a loan 
     guarantee for review and comment, the Secretary may, taking 
     into consideration comments made by the Director, issue a 
     conditional commitment to enter into the loan guarantee at 
     least 30 days subsequent to the submittal, without further 
     approval from the Director.''.
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