H.R. 1623 — Introduced in House

I 115th CONGRESS 1st Session H. R. 1623 IN THE HOUSE OF REPRESENTATIVES March 17, 2017Mr. Russell introduced the following bill; which was referred to the Committee on Energy and Commerce A BILL To repeal the Advanced Technology Vehicles Manufacturing Incentive Program. 1. Advanced Technology Vehicles Manufacturing Incentive Program repeal (a) Cessation of authority Effective on the date of enactment of this Act, the Secretary of Energy may not make any additional awards or loans under section 136 of the Energy Independence and Security Act of 2007 (42 U.S.C. 17013). (b) Repeal Upon the repayment, in accordance with the terms of the loan agreements, of all loans made before the date of enactment of this Act under subsection (d) of such section, section 136 of the Energy Independence and Security Act of 2007 (42 U.S.C. 17013) is repealed.