,,ii #aacth ,,congress #b;d ,session ,s4 #bjeh ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,february #bg1 #bjad,mr4 ,begich introduced the following bill2 which was read twice and referred to the ,committee on ,agriculture1 ,nutrition1 and ,forestry ,a ,,bill ,to establish a loan guarantee program for natural gas distribution grids to be installed in areas with extremely high energy costs4 #a4 ,short title ,this ,act may be cited as the ,fuel ,grid ,distribution ,loan ,pilot ,program ,act4 #b4 ,fuel distribution utility pilot loan program 7a7 ,authorization of pilot loan program ,section #bcb7;c7 of the ,department of ,agriculture ,reorganization ,act of #aiid 7#g ,u4,s4,c4 #fidb7;c77 is amended-- 7#a7 in paragraph 7#a77;,b71 by striking 2 and and inserting a period2 and 7#b7 by adding at the end the following3 7#c7 ,the biofuels and natural gas distribution utility pilot loan program authorized by section #b of the ,fuel ,grid ,distribution ,loan ,pilot ,program ,act4 4 7b7 ,establishment of pilot loan program 7#a7 ,definition of local government ,in this subsection1 the term local government means-- 7,a7 a county1 municipality1 city1 town1 township1 local public authority1 school district1 special district1 intrastate district1 council of governments 7regardless of whether the council of governments is incorporated as a nonprofit corporation under ,state law71 regional or interstate government entity1 or agency or instrumentality of a local government2 7,b7 an ,indian tribe or authorized tribal organization or1 in ,alaska1 a ,native village or ,alaska ,regional ,native ,corporation2 and 7,c7 a rural community1 unincorporated town or village1 or other public entity4 7#b7 ,establishment ,the ,administrator of the ,rural ,utilities ,service shall establish a biofuels and natural gas distribution utility pilot loan program to add cooperatives and municipally or privately owned biofuels or natural gas distribution utilities to the list of utilities eligible to receive loans from the ,rural ,utilities ,service4 7#c7 ,eligibility ,in making loans authorized under paragraph 7#a71 the ,administrator of the ,rural ,utilities ,service shall grant loans only to utilities serving an area under the jurisdiction of a local government that has-- 7,a7 a population of not more than #ej1jjj people2 and 7,b7 energy prices higher than #bjj percent of the national average for energy prices1 as determined by the ,administrator of the ,energy ,information ,administration using the most recent data available4 7#d7 ,funding ,the ,administrator of the ,rural ,utilities ,service shall carry out the loan pilot program using existing funds of the ,rural ,utilities ,service4 7#e7 ,duration ,the loan pilot program shall be authorized for a period of #e years1 beginning on the date of enactment of this ,act4 7#f7 ,report ,at the conclusion of the loan pilot program1 the ,administrator of the ,rural ,utilities ,service shall complete a report examining-- 7,a7 the economic benefits of providing low cost loans2 and 7,b7 any upward price pressure on biofuels or natural gas prices in the ,united ,states resulting from the loan pilot program4