To clarify the amount of loans to be guaranteed under title XVII of the Energy Policy Act of 2005, and for other purposes.

8/3/2007--Reported to House without amendment, Part I. (This measure has not been amended since it was introduced. The summary of that version is repeated here.) Amends the Energy Policy Act of 2005 to:
(1) prohibit loan guarantees for innovative technologies from being less than the minimum amount determined by the Secretary of Energy to be likely to attract nonguaranteed investment adequate to capitalize the project;
(2) authorize the Secretary to guarantee up to 100 % of any debt obligation of the borrower to fund an eligible project; and
(3) prohibit the Secretary from issuing a rule or regulation establishing a lower percentage limit. Conditions such loan guarantee upon reasonable assurances by the borrower that all laborers and mechanics employed by contractors or subcontractors in the performance of construction work financed in whole or in part with the loan will be paid wages at rates not less than those prevailing on similar work in the locality as determined by the Secretary of Labor. Prohibits any appropriation authorized pursuant to the Act from excluding any category of specified eligible projects.


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Sponsor

• Rep. Frederick Boucher [D, VA-9]
• and 1 Co-Sponsors
  • Rep. John Dingell [D, MI-15]
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Committees

• House Energy and Commerce
• 2 more
  • House Science and Technology
  • House Science and Technology
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Amendments

This bill has no amendments.

Amendments to H.R.3241

Number	Status	Purpose

Bill Status

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Introduced		Voted on by House		Voted on by Senate		Considered By President		Bill Becomes Law
July 31, 2007

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All Bill Actions

• Aug 24, 2007: Referred to the Subcommittee on Energy and Environment.
• Added to calendar on Aug 03, 2007: Placed on the Union Calendar, Calendar No. 196..
• Aug 03, 2007: Committee on Science and Technology discharged.
• Aug 03, 2007: Reported by the Committee on Energy and Commerce. H. Rept. 110-309, Part I.
• Jul 31, 2007: Referred to House Science and Technology
• Jul 31, 2007: Referred to House Energy and Commerce
• Jul 31, 2007: Referred to the Committee on Energy and Commerce, and in addition to the Committee on Science 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.
• Introduced on Jul 31, 2007.

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Related Issue Areas:

• Wages
• Technology
• Technological innovations
• Subcontractors
• 13 more
• Science policy
• Research and development
• Public contracts
• Minimum wages
• Labor
• Government contractors
• Federally-guaranteed loans
• Energy research
• Construction workers
• Construction industries
• Budgets
• Alternative energy sources
• Energy

Data from the Congressional Research Service

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August 04, 2007 H.R. 3241: To clarify the amount of loans to be guaranteed under ...

A bill in the US Congress: To clarify the amount of loans to be guaranteed under title XVII of the Energy Policy Act of 2005, and for other purposes.

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July 30, 2007 HR 3241, To clarify the amount of loans to be guaranteed under ...

HR 3241 would clarify the amount of loans to be guaranteed under title XVII of the Energy Policy Act of 2005....

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