,,ii  #aadth ,,congress  #ast ,session  
,s4 #abbc  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,may #f1 #bjae 
,ms4 ,murkowski introduced the following
 bill2 which was read twice and referred
 to the ,committee on ,energy and       
,natural ,resources  ,a ,,bill  ,to     
amend the ,energy ,policy ,act of #bjje 
to improve the loan guarantee program   
for innovative technologies1 and for    
other purposes4  #a4 ,short title  ,this
 ,act may be cited as the ,energy ,loan 
,program ,improvement ,act of #bjae4    
#b4 ,borrower payment of subsidy cost   
,section #agjb of the ,energy ,policy   
,act of #bjje 7#db ,u4,s4,c4 #afeab7 is 
amended by striking subsection 7b7 and  
inserting the following3  7b7 ,borrower 
payment of subsidy cost ,no guarantee   
shall be made under subsection 7a7      
unless the ,secretary has received from 
the borrower a payment in full for the  
cost of the guarantee and deposited the 
payment into the ,treasury4  4  #c4     
,prohibition on subordination of debt   

,section #agjb7;d77#c7 of the ,energy   
,policy ,act of #bjje 7#db ,u4,s4,c4    
#afeab7;d77#c77 is amended by striking  
is not subordinate and inserting        
7including any reorganization1          
restructuring1 or termination of the    
obligation7 shall not at any time be    
subordinate4  #d4 ,loan program         
transparency ,section #agjc of the      
,energy ,policy ,act of #bjje 7#db      
,u4,s4,c4 #afeac7 is amended by adding  
at the end the following3  7f7 ,loan    
status  7#a7 ,request ,if the ,secretary
 does not make a final decision on an   
application for a loan guarantee under  
this section by the date that is #bgj   
days after receipt of the application by
 the ,secretary1 on that date and every 
#ij days thereafter until the final     
decision is made1 the applicant may     
request that the ,secretary provide to  
the applicant a description of the      
status of the application4  7#b7        
,response ,not later than #aj days after
 receiving a request from an applicant  

under paragraph 7#a71 the ,secretary    
shall provide to the applicant a        
response that includes--  7,a7 a summary
 of any factors that are delaying a     
final decision on the application2 and  
7,b7 an estimate of when review of the  
application will be completed4  4  #e4  
,temporary program for rapid deployment 
of renewable energy and electric power  
transmission projects  7a7 ,repeal      
,section #agje of the ,energy ,policy   
,act of #bjje 7#db ,u4,s4,c4 #afeaf7 is 
repealed4  7b7 ,rescission ,there is    
rescinded the unobligated balance of    
amounts made available to carry out the 
loan guarantee program established under
 section #agje of the ,energy ,policy   
,act of #bjje 7#db ,u4,s4,c4 #afeaf7    
7before the amendment made by subsection
 7a774  7c7 ,management ,the ,secretary 
of ,energy shall ensure rigorous        
continued management and oversight of   
all outstanding loans guaranteed under  
the program described in subsection 7b7 
until those loans have been repaid in   

full4