S1175Referred to Committee

A bill to amend the Public Utility Regulatory Policies Act of 1978 to authorize the Secretary of Energy to make loans to electric utilities to carry out projects to comply with any Federal renewable electricity standard, and for other purposes.

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
111th
Congress
2009-06-03
Introduced
0
Cosponsors
S
Type

Sponsor

Maria Cantwell
Maria Cantwell
Democrat · WA · Senator
Votes with party: 61.7% (324 recorded votes)

Full profile: /officials/C000127

Source: Congress.gov · FEC

Cosponsors (0)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

No cosponsors on record. Bills can pass without cosponsors — this often means the sponsor introduced the bill alone, either because it's a messaging bill, a chairman's mark, or simply early in the legislative cycle.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Read twice and referred to the Committee on Energy and Natural Resources.

2009-06-03

Source: Congress.gov

Plain-English Summary

Amends the Public Utility Regulatory Policies Act of 1978 (PURPA) to direct the Secretary of Energy to make loans to electric utilities to reduce their costs of complying with federal renewable energy standards and minimize the impact such standards have on consumers' electricity rates. Requires the use of such loans on projects that are approved by the Secretary, which may include the construction of renewable energy generation facilities or installation of energy efficiency or electricity demand reduction technology. Sets the interest rate on such loans, which may not exceed 30 years, at 0.5% more than the federal funds rate.

Plain-English rewrite of the Congressional Research Service summary published on Congress.gov. Cached and reviewed.

Subjects

Energy
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