,,ii  #aac? ,,congress  #a/ ,session    
,s4 #egj  ,,9 ,,! ,,s5ate ,,( ,,!       
,,unit$ ,,/ates  ,m>* #ad1 #bjac ,mr4   
,b5net introduc$ ! foll[+ bill2 :i* 0   
read twice & ref]r$ to ! ,committee on  
,f9ance  ,a ,,bill  ,to e/abli% a       
competitive grant program 9 ! ,dep>tm5t 
( ,en]gy to provide grants to ,/ates &  
units ( local gov]nm5t to c>ry out clean
 en]gy & c>bon r$uction measures1 to    
close big oil company tax loopholes to  
pay = ! competitive grant program &     
r$uce ! deficit1 & = o!r purposes4  #a4 
,%ort title ,?is ,act may be cit$ z !   
,clean ,en]gy ,race to ! ,top ,act (    
#bjac4  #b4 ,def9itions ,9 ?is ,act3    
7#a7 ,eligible entity ,! t]m eligible   
entity means an entity describ$ 9       
section #c7;b74  7#b7 ,secret>y ,! t]m  
,secret>y means ! ,secret>y ( ,en]gy4   
#c4 ,clean en]gy grant program  7a7 ,9  
g5]al ,!re is e/abli%$ 9 ! ,dep>tm5t (  
,en]gy a program to provide grants to   
eligible entities1 on a competitive     
basis1 to develop & c>ry out clean en]gy

 & c>bon r$uction measures1 su* z--     
7#a7 r5ewable electricity /&>ds2  7#b7  
regional or /atewide climate action     
plans2  7#c7 ! use ( hybrid1 electric1  
compress$ natural gas1 or fuel cell     
vehicles 9 ,/ate or local fleets2  7#d7 
measures to increase ! p]c5tage ( public
 build+s ( ! eligible entity t are      
c]tifi$ ) respect to /&>ds = en]gy      
effici5cy2  7#e7 p>ticipation 9 a       
regional gre5h\se gas r$uction program2 
7#f7 facilitation ( on-bill f9anc+ =    
en]gy effici5cy improvem5ts = resid5ces 
& bus9ess s]v$ by rural coops2  7#g7    
provision ( ,/ate tax inc5tives = !     
manufacture or in/allation ( clean en]gy
 compon5ts or en]gy effici5cy upgrades2 
7#h7 provision ( innovative f9anc+      
me*anisms to private sector entities to 
enc\rage ! deploym5t ( clean en]gy      
te*nologies2  7#i7 implem5tation ( be/  
managem5t practices = ! public utility  
commission ( an eligible entity2  7#aj7 
improvem5t & updat+ ( grid te*nology2 & 
7#aa7 implem5tation ( c>bon effici5cy   

/&>ds4  7b7 ,eligible entities ,to be   
eligible to receive a grant "u ?is      
section1 a ,/ate or unit ( local        
gov]nm5t1 or a regional consortium      
compris$ ( ,/ates or units ( local      
gov]nm5ts1 9 p>tn]%ip ) private sector &
 nongov]nm5tal organization p>tn]s1     
%all--  7#a7 meet any requirem5ts       
e/abli%$ by ! ,secret>y "u subsection   
7e72 &  7#b7 submit an application to ! 
,secret>y at su* "t1 9 su* =m1 & conta9+
 su* in=mation z ! ,secret>y may        
require4  7c7 ,aw>d ,! ,secret>y %all   
det]m9e :i* eligible entities %all      
receive grants & ! am\nt ( ! grants     
provid$ bas$ on--  7#a7 ! in=mation     
provid$ 9 an application submitt$ "u    
subsection 7b77#b72 &  7#b7 any crit]ia 
= review+ & rank+ applications develop$ 
by ! ,secret>y by regulation "u         
subsection 7e74  7d7 ,use ( funds ,grant
 funds provid$ "u ?is section %all only 
be us$ = eligible uses specifi$ by !    
,secret>y by regulation "u subsection   
7e74  7e7 ,regulations  7#a7 ,9 g5]al ,z

 soon z practicable aft] ! date (       
enactm5t ( ?is ,act1 ! ,secret>y %all   
issue regulations t e/abli% crit]ia =   
grants "u ?is section1 includ+ specify+ 
! types ( measures t are eligible =     
grants1 e/abli%+ application crit]ia1 & 
develop+ a po9t sy/em to assi/ !        
,secret>y 9 review+ & rank+ grant       
applications4  7#b7 ,consid]ations ,9   
develop+ ! regulations "u p>agraph 7#a71
 ! ,secret>y %all take into acc\nt--    
7,a7 regional disp>ities 9 ! ways 9 :i* 
en]gy is produc$ & us$2 &  7,b7 ! clean 
en]gy res\rce pot5tial ( ! measures4    
7f7 ,explanation ,z soon z practicable  
aft] ! date ( enactm5t ( ?is ,act1 !    
,secret>y %all publi% 9 ! ,f$]al ,regi/]
 an explanation ( ! mann] by :i* grants 
aw>d$ "u subsection 7c7 w\ld ensure an  
objective evaluation bas$ on ! crit]ia  
regulations promulgat$ "u subsection    
7e77#a74  #d4 ,au?orization (           
appropriations ,!re is au?oriz$ to be   
appropriat$ to ! ,secret>y = fiscal ye> 
#bjad to c>ry out ?is ,act              

#e1jjj1jjj1jjj1 to rema9 available until
 exp5d$4  #e4 ,co/ (fset = clean en]gy  
grant program1 & deficit r$uction1      
result+ f r$uction 9 d$uction = major   
integrat$ oil companies = income        
attributable to dome/ic production (    
oil1 gas1 or prim>y products !re(  7a7  
,9 g5]al ,subp>agraph 7,a7 ( section    
#aii7;d77#i7 ( ! ,int]nal ,rev5ue ,code 
( #aihf is am5d$ by ins]t+ 7#e p]c5t 9 !
 case ( a taxpay] :i* is a major        
integrat$ oil company 7z def9$ 9 section
 #afg7;h77#e77;,b777 aft] #c p]c5t4  7b7
 ,effective date ,! am5dm5ts made by ?is
 section %all apply to taxable ye>s     
beg9n+ aft] ,decemb] #ca1 #bjac4