,i #aag? ,,congress #a/ ,session ,h4 ,r4 #bcjh ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,april #a1 #bjba,mrs4 ,d+ell 7= h]self & ,ms4 ,br[nley7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,en]gy & ,comm]ce ,a ,,bill ,to revise ! advanc$ te*nology vehicles manufactur+ inc5tive program1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,advanc$ ,te*nology ,vehicles ,manufactur+ ,future ,act ( #bjba or ! ,,atvm ,future ,act4 #b4 ,advanc$ te*nology vehicles manufactur+ inc5tive program ,section #acf ( ! ,en]gy ,indep5d5ce & ,security ,act ( #bjjg 7#db ,u4,s4,c4 #agjac7 is am5d$-- 7#a7 9 subsection 7a7-- 7,a7 by am5d+ p>agraph 7#a7 to read z foll[s3 7#a7 ,advanc$ te*nology vehicle ,! t]m advanc$ te*nology vehicle means-- 7,a7 an ultra effici5t vehicle2 7,b7 a light-duty vehicle or m$ium-duty pass5g] vehicle t-- 7i7 meets ! ,b9 #afj ,ti] ,,iii emission /&>d e/abli%$ 9 regulations issu$ by ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy "u section #bjb7;i7 ( ! ,clean ,air ,act 7#db ,u4,s4,c4 #geba7;i771 or a l[]-numb]$ ,b9 emission /&>d2 7ii7 meets any new emission /&>d 9 effect = f9e p>ticulate matt] prescrib$ by ! ,adm9i/rator "u t ,act 7#db ,u4,s4,c4 #gdja et seq472 & 7iii7 ei!r-- 7,i7 complies ) ! applicable regulatory /&>d = emissions ( gre5h\se gases = model ye> #bjbg or lat]2 or 7,,ii7 emits z]o emissions ( gre5h\se gases2 or 7,c7 a heavy-duty vehicle 7exclud+ a m$ium-duty pass5g] vehicle7 t-- 7i7 demon/rates a*ievem5t bel[ ! applicable regulatory /&>ds = emissions ( gre5h\se gases = model ye> #bjbg vehicles promulgat$ by ! ,adm9i/rator on ,octob] #be1 #bjaf 7#ha ,f$4 ,reg4 #gcdgh72 7ii7 complies ) ! applicable regulatory /&>d = emissions ( gre5h\se gases = model ye> #bjcj or lat]2 or 7iii7 emits z]o emissions ( gre5h\se gases4 2 7,b7 by /rik+ p>agraph 7#b7 & r$esignat+ p>agraph 7#c7 z p>agraph 7#b72 7,c7 by /rik+ p>agraph 7#d7 & ins]t+ ! foll[+3 7#c7 ,qualify+ compon5t ,! t]m qualify+ compon5t means a mat]ial1 te*nology1 compon5t1 sy/em1 or subsy/em 9 an advanc$ te*nology vehicle1 includ+ an ultra-effici5t compon5t4 7#d7 ,ultra-effici5t compon5t ,! t]m ultra-effici5t compon5t means-- 7,a7 a compon5t ( an ultra effici5t vehicle2 7,b7 fuel cell te*nology2 7,c7 batt]y te*nology1 includ+ a batt]y cell1 batt]y1 batt]y managem5t sy/em1 or !rmal control sy/em2 7,d7 an automotive semiconductor or comput]2 7,e7 an electric motor1 axle1 or compon5t2 & 7,f7 an advanc$ lightweight1 high-/r5g?1 or high-p]=mance mat]ial4 2 & 7,d7 9 p>agraph 7#e7-- 7i7 9 subp>agraph 7,b71 by /rik+ or at ! end2 7ii7 9 subp>agraph 7,c71 by /rik+ ! p]iod at ! end & ins]t+ 2 or2 & 7iii7 by add+ at ! end ! foll[+3 7,d7 at lea/ #ge miles p] gallon equival5t :ile op]at+ z a hydrog5 fuel cell electric vehicle4 2 7#b7 by am5d+ subsection 7b7 to read z foll[s3 7b7 ,advanc$ vehicles manufactur+ facility 7#a7 ,9 g5]al ,! ,secret>y %all provide facility fund+ aw>ds "u ?is section to advanc$ te*nology vehicle manufactur]s & compon5t suppli]s to pay n m ?an #ej p]c5t ( ! co/ (-- 7,a7 reequipp+1 exp&+1 or e/abli%+ a manufactur+ facility 9 ! ,unit$ ,/ates to produce-- 7i7 advanc$ te*nology vehicles2 or 7ii7 qualify+ compon5ts2 & 7,b7 eng9e]+ integration p]=m$ 9 ! ,unit$ ,/ates ( advanc$ te*nology vehicles & qualify+ compon5ts4 7#b7 ,ultra-effici5t compon5ts co/ %>e ,not)/&+ p>agraph 7#a71 a facility fund+ aw>d "u su* p>agraph may pay n m ?an #hj p]c5t ( ! co/ ( a project to reequip1 exp&1 or e/abli% a manufactur+ facility 9 ! ,unit$ ,/ates to produce ultra-effici5t compon5ts4 2 7#c7 9 subsection 7c71 by /rik+ #bjbj & ins]t+ #bjca ea* place x appe>s2 7#d7 9 subsection 7d7-- 7,a7 by am5d+ p>agraph 7#b7 to read z foll[s3 7#b7 ,application ,an applicant = a loan "u ?is subsection %all submit to ! ,secret>y an application at su* "t1 9 su* mann]1 & conta9+ su* in=mation z ! ,secret>y may require1 includ+-- 7,a7 a writt5 assurance t all labor]s & me*anics employ$ by contractors or subcontractors dur+ con/ruction1 alt]ation1 or repair1 or at any manufactur+ op]ation1 t is f9anc$1 9 :ole or 9 "p1 by a loan "u ?is section %all be paid wages at rates n less ?an ^? prevail+ 9 a simil> firm or on simil> con/ruction 9 ! locality1 z det]m9$ by ! ,secret>y ( ,labor 9 accordance ) sub*apt] ,,iv ( *apt] #ca ( title #dj1 ,unit$ ,/ates ,code2 7,b7 a disclosure ( :e!r !re has be5 any adm9i/rative m]its det]m9ation1 arbitral aw>d or decision1 or civil judgm5t1 z def9$ 9 guidance issu$ by ! ,secret>y ( ,labor1 r5d]$ aga9/ ! applicant 9 ! prec$+ #c ye>s = violations ( applicable labor1 employm5t1 civil rights1 or heal? & safety laws2 7,c7 specific in=mation reg>d+ ! actions ! applicant w take to demon/rate compliance )1 & :]e possible exce$ance (1 requirem5ts "u applicable labor1 employm5t1 civil rights1 & heal? & safety laws1 & actions ! applicant w take to ensure t its direct suppli]s demon/rate compliance ) applicable labor1 employm5t1 civil rights1 & heal? & safety laws2 & 7,d7 an e/imate & description ( ! jobs & types ( jobs to be reta9$ or creat$ by ! project & ! specific actions ! applicant w take to increase employm5t & ret5tion ( dislocat$ work]s1 vet]ans1 individuals f l[-income communities1 wom51 m9orities1 & o!r gr\ps und]repres5t$ 9 manufactur+1 & individuals ) a b>ri] to employm5t4 2 7,b7 by am5d+ p>agraph 7#c7 to read z foll[s3 7#c7 ,selection ( eligible projects 7,a7 ,9 g5]al ,! ,secret>y %all select eligible projects to receive loans "u ?is subsection 9 cases 9 :i* ! ,secret>y det]m9es-- 7i7 ! loan recipi5t-- 7,i7 has a reasonable prospect ( repay+ ! pr9cipal & int]e/ on ! loan2 7,,ii7 w provide suffici5t in=mation to ! ,secret>y = ! ,secret>y to ensure t ! qualifi$ inve/m5t is exp5d$ effici5tly & effectively2 & 7,,iii7 has met su* o!r crit]ia z may be e/abli%$ & publi%$ by ! ,secret>y2 & 7ii7 ! am\nt ( ! loan 7:5 comb9$ ) am\nts available to ! loan recipi5t f o!r s\rces7 w be suffici5t to c>ry out ! project4 7,b7 ,reasonable prospect ( repaym5t ,! ,secret>y %all base a det]m9ation ( :e!r !re is a reasonable prospect ( repaym5t ( ! pr9cipal & int]e/ on a loan "u subp>agraph 7,a7 on a compreh5sive evaluation ( :e!r ! loan recipi5t has a reasonable prospect ( repay+ ! pr9cipal & int]e/1 includ+ evaluation (-- 7i7 ! /r5g? ( an eligible project's contractual t]ms 7if comm]cially reasonably available72 7ii7 ! =eca/ ( noncontractual ca% fl[s support$ by m>ket projections f reputable s\rces1 z det]m9$ by ! ,secret>y2 7iii7 ca% sweeps & o!r /ructure enhancem5ts2 7iv7 ! project$ f9ancial /r5g? ( ! loan recipi5t at ! "t ( loan close & project$ ?r\gh\t ! loan t]m aft] ! project is complet$2 7v7 ! f9ancial /r5g? ( ! loan recipi5t's inve/ors & /rategic p>tn]s1 if applicable2 & 7vi7 o!r f9ancial metrics & analyses t are reli$ ^u by ! private l5d+ community & nationally recogniz$ cr$it rat+ ag5cies1 z det]m9$ appropriate by ! ,secret>y4 2 & 7,c7 9 p>agraph 7#d7-- 7i7 9 subp>agraph 7,b77i71 by /rik+ 2 & & ins]t+ 2 or2 7ii7 9 subp>agraph 7,c71 by /rik+ 2 & & ins]t+ a semicolon2 7iii7 9 subp>agraph 7,d71 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7iv7 by add+ at ! end ! foll[+3 7,e7 %all be subject to ! condition t ! loan is n subord9ate to o!r f9anc+4 2 7#e7 by am5d+ subsection 7e7 to read z foll[s3 7e7 ,regulations ,n lat] ?an #f mon?s aft] ! date ( enactm5t ( ! ,advanc$ ,te*nology ,vehicles ,manufactur+ ,future ,act ( #bjba1 ! ,secret>y %all issue a f9al rule e/abli%+ regulations to c>ry out ?is section4 2 7#f7 by am5d+ subsection 7f7 to read z foll[s3 7f7 ,fees ,! ,secret>y %all *>ge & collect fees = loans "u ?is section 9 am\nts ! ,secret>y det]m9es are suffici5t to cov] applicable adm9i/rative exp5ses 7includ+ any co/s associat$ ) ?ird-p>ty consultants engag$ by ! ,secret>y71 :i* may n exce$ #ajj1jjj or #aj basis po9ts ( ! loan & may n be collect$ prior to f9ancial clos+4 2 7#g7 by am5d+ subsection 7g7 to read z foll[s3 7g7 ,priority ,! ,secret>y %all1 9 mak+ aw>ds or loans to ^? manufactur]s t h exi/+ facilities 7:i* may be idle71 give priority to ^? facilities t are or w\ld be-- 7#a7 olde/ or 9 exi/5ce = at lea/ #bj ye>s2 7#b7 rec5tly clos$1 or at risk ( closure2 7#c7 utiliz$ prim>ily = ! manufacture ( m$ium-duty pass5g] vehicles or o!r heavy-duty vehicles t emit z]o gre5h\se gas emissions2 or 7#d7 utiliz$ prim>ily = ! manufacture ( ultra-effici5t compon5ts4 2 7#h7 9 subsection 7h7-- 7,a7 9 ! head]1 by /rik+ automobile & ins]t+ advanc$ te*nology vehicle2 & 7,b7 9 p>agraph 7#a77;,b71 by /rik+ automobiles1 or compon5ts ( automobiles & ins]t+ advanc$ te*nology vehicles1 or compon5ts ( advanc$ te*nology vehicles2 7#i7 by /rik+ subsection 7i7 & r$esignat+ subsection 7j7 z subsection 7i72 & 7#aj7 by add+ at ! end ! foll[+3 7j7 ,coord9ation ,9 c>ry+ out ?is section1 ! ,secret>y %all coord9ate ) relevant vehicle1 bio5]gy1 & hydrog5 & fuel cell demon/ration project activities support$ by ! ,dep>tm5t4 7k7 ,outrea* ,9 c>ry+ out ?is section1 ! ,secret>y %all-- 7#a7 provide assi/ance ) ! completion ( applications = aw>ds or loans "u ?is section2 & 7#b7 conduct outrea*1 includ+ ?r\gh conf]5ces & onl9e programs1 to dissem9ate in=mation on aw>ds & loans "u ?is section to pot5tial applicants4 7l7 ,report ,n lat] ?an #b ye>s aft] ! date ( ! enactm5t ( ?is subsection1 & e #c ye>s !reaft]1 ! ,secret>y %all submit to ,congress a report on ! /atus ( projects support$ by a loan "u ?is section1 includ+-- 7#a7 a li/ ( projects receiv+ a loan "u ?is section1 includ+ ! loan am\nt & con/ruction /atus ( ea* su* project2 7#b7 ! /atus ( ea* project's loan repaym5t1 includ+ future repaym5t projections2 7#c7 data reg>d+ ! numb] ( direct & indirect jobs reta9$1 re/or$1 or creat$ by f9anc$ projects2 7#d7 ! numb] ( new projects project$ to receive a loan "u ?is section 9 ! next #b ye>s & ! aggregate loan am\nt2 7#e7 evaluation ( ongo+ compliance ) ! assurances & commitm5ts & ( ! pr$ictions made by applicants pursuant to subsection 7d77#b72 & 7#f7 any o!r metrics ! ,secret>y f9ds appropriate4 7m7 ,au?orization ( appropriations ,!re are au?oriz$ to be appropriat$ to c>ry out ?is section #aj1jjj1jjj = ea* ( fiscal ye>s #bjbb ?r\gh #bjca4 4