,i #aag? ,,congress #a/ ,session ,h4 ,r4 #dcji ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,july #a1 #bjba ,ms4 ,de,gette 7= h]self1 ,mr4 ,pet]s1 & ,ms4 ,ku/]7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,en]gy & ,comm]ce1 & 9 addition to ! ,committees on ,sci5ce1 ,space1 & ,te*nology1 ,ways & ,means1 ,transportation & ,infra/ructure1 & ,education & ,labor1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to advance innovation 9 & deploym5t ( z]o-emission electricity te*nology1 & = o!r purposes4 #a4 ,%ort title2 table ( cont5ts 7a7 ,%ort title ,?is ,act may be cit$ z ! ,clean ,en]gy ,innovation & ,deploym5t ,act ( #bjba4 7b7 ,table ( cont5ts ,! table ( cont5ts = ?is ,act is z foll[s3 ,sec4 #a4 ,%ort title2 table ( cont5ts4 ,title ,i--,inve/m5t 9 ,clean ,en]gy ,te*nology ,innovation ,sec4 #ajj4 ,purpose4 ,subtitle ,a--,clean ,en]gy ,deploym5t ,adm9i/ration ,sec4 #aja4 ,def9itions4 ,sec4 #ajb4 ,en]gy te*nology deploym5t goals4 ,sec4 #ajc4 ,clean ,en]gy ,deploym5t ,adm9i/ration4 ,sec4 #ajd4 ,adm9i/ration functions4 ,sec4 #aje4 ,improvem5ts to exi/+ clean en]gy inve/m5t programs4 ,sec4 #ajf4 ,f$]al cr$it au?ority4 ,sec4 #ajg4 ,g5]al provisions4 ,subtitle ,b--,c>bon-,free ,te*nology ,innovation ,sec4 #aaa4 ,dem& effici5cy te*nology innovation4 ,sec4 #aab4 ,sup] hot rock geo!rmal en]gy te*nology innovation4 ,sec4 #aac4 ,z]o c>bon fuel te*nology innovation4 ,sec4 #aad4 ,advanc$ nucle> reactor innovation4 ,sec4 #aae4 ,national (f%ore w9d en]gy goal4 ,title ,,ii--,z]o-,emission ,electricity ,/&>d ,sec4 #bjj4 ,purpose4 ,subtitle ,a--,z]o-,emission ,electricity ,/&>d ,sec4 #bja4 ,def9itions4 ,sec4 #bjb4 ,z]o-emission electricity requirem5t4 ,sec4 #bjc4 ,z]o-emission electricity cr$it trad+ program4 ,sec4 #bjd4 ,det]m9ation & issuance ( quantity ( z]o-emission electricity cr$its4 ,sec4 #bje4 ,c>bon ,mitigation ,fund4 ,sec4 #bjf4 ,/ate programs4 ,sec4 #bjg4 ,report to ,congress4 ,sec4 #bjh4 ,in=mation collection4 ,sec4 #bji4 ,civil p5alties4 ,sec4 #baj4 ,regulations4 ,subtitle ,b--,me?ane ,regulation ,sec4 #baa4 ,me?ane regulation4 ,title ,,iii--,inc5tives = ! ,accel]at$ ,deploym5t ( ,z]o-,emission ,electricity ,sec4 #cjj4 ,purpose4 ,subtitle ,a--,inc5tives = ! ,accel]at$ ,deploym5t ( #hj-,p]c5t & #ajj-,p]c5t ,z]o-,emission ,electricity ,sy/ems ,sec4 #cja4 ,z]o-emission electricity accel]ation inve/m5t tax cr$it4 ,sec4 #cjb4 ,z]o-emission electricity accel]ation grants4 ,sec4 #cjc4 ,recipi5ts ( c]ta9 clean en]gy inve/m5t tax cr$its4 ,subtitle ,b--,c>bon-,t>get$ z]o-,emission electricity tax cr$it ,sec4 #caa4 ,c>bon-t>get$ z]o-emission electricity tax cr$it4 ,sec4 #cab4 ,election to treat c>bon-t>get$ z]o-emission electricity facility z en]gy prop]ty4 ,sec4 #cac4 ,en]gy tax cr$it monetization4 ,title ,,iv--,l[-,income ,rate-,pay] ,protection ,sec4 #djj4 ,purpose4 ,sec4 #dja4 ,wea!rization assi/ance program4 ,sec4 #djb4 ,,liheap au?orization4 ,title ,v--,en]gy ,work=ce ,transition & ,tra9+ ,sec4 #ejj4 ,purposes & def9itions4 ,subtitle ,a--,/ate ,en]gy ,plans ,sec4 #eja4 ,/ate en]gy plans4 ,sec4 #ejb4 ,au?orization ( appropriations4 ,subtitle ,b--,en]gy ,work=ce ,transition ,sec4 #eaa4 ,en]gy ,work=ce ,transition ,(fice & ,advisory ,committee4 ,sec4 #eab4 ,en]gy work=ce transition plans & reemploym5t ( affect$ work]s4 ,subtitle ,c--,mod]n ,en]gy ,work=ce ,developm5t ,"p #a--,mod]n ,en]gy ,work=ce ,developm5t ,sec4 #eba4 ,mod]n en]gy work=ce developm5t4 ,sec4 #ebb4 ,clean ,en]gy ,jobs ,tra9+ ,program4 ,sec4 #ebc4 ,univ]sity ,z]o-,emission ,en]gy ,lead]%ip ,program4 ,sec4 #ebd4 ,au?orization ( appropriations4 ,"p #b--;,climate ,resili5cy ,corps ,sec4 #eca4 ,e/abli%m5t ( ! ,climate ,resili5cy ,corps4 ,sec4 #ecb4 ,bo>d ( ,directors ( ! ,climate ,resili5cy ,corps4 ,sec4 #ecc4 ,*ief executive (fic] ( ! ,climate ,resili5cy ,corps4 ,sec4 #ecd4 ,s5ior managem5t4 ,sec4 #ece4 ,g5]al employm5t )9 ! ,climate ,resili5cy ,corps4 ,sec4 #ecf4 ,project applications4 ,sec4 #ecg4 ,fund+4 ,i ,inve/m5t 9 ,clean ,en]gy ,te*nology ,innovation #ajj4 ,purpose ,! purpose ( ?is title is to facilitate innovation 9 a wide range ( z]o-emission electricity te*nologies4 ,a ,clean ,en]gy ,deploym5t ,adm9i/ration #aja4 ,def9itions ,9 ?is subtitle3 7#a7 ,adm9i/ration ,! t]m ,adm9i/ration means ! ,clean ,en]gy ,deploym5t ,adm9i/ration e/abli%$ by section #ajc4 7#b7 ,adm9i/rator ,! t]m ,adm9i/rator means ! ,adm9i/rator ( ! ,adm9i/ration4 7#c7 ,advisory ,c\ncil ,! t]m ,advisory ,c\ncil means ! ,en]gy ,te*nology ,advisory ,c\ncil ( ! ,adm9i/ration4 7#d7 ,break?r\gh te*nology ,! t]m break?r\gh te*nology means a clean en]gy te*nology t-- 7,a7 pres5ts a significant opportunity to advance ! goals develop$ by ! ,secret>y "u section #ajb1 z assess$ "u ! me?odology e/abli%$ by ! ,advisory ,c\ncil2 & 7,b7 has n be5 det]m9$ by ! ,secret>y to be comm]cially ready4 7#e7 ,clean en]gy te*nology ,! t]m clean en]gy te*nology means a te*nology relat$ to ! production1 use1 transmission1 /orage1 control1 or cons]vation ( en]gy t w contribute to ! /abilization ( ! climate by r$uc+ gre5h\se gas emissions or seque/]+ or utiliz+ c>bon dioxide &-- 7,a7 r$uce ! ne$ = additional en]gy supplies by us+ exi/+ en]gy supplies ) great] effici5cy2 7,b7 transmit1 di/ribute1 or transport en]gy ) great] effectiv5ess ?r\gh ! infra/ructure ( ! ,unit$ ,/ates2 or 7,c7 increase & div]sify ! s\rces ( en]gy 9 ! ,unit$ ,/ates 9 a way t w r$uce risk to human heal?1 safety1 & welf>e & ! environm5t & create en]gy security4 7#f7 ,co/ ,! t]m co/ has ! mean+ giv5 ! t]m 9 section #ejb ( ! ,f$]al ,cr$it ,re=m ,act ( #aiij 7#b ,u4,s4,c4 #ffa;a74 7#g7 ,direct loan ,! t]m direct loan has ! mean+ giv5 ! t]m 9 section #ejb ( ! ,f$]al ,cr$it ,re=m ,act ( #aiij 7#b ,u4,s4,c4 #ffa;a74 7#h7 ,en]gy transition community ,! t]m en]gy transition community has ! mean+ giv5 su* t]m 9 section #ejj ( ?is ,act4 7#i7 ,f9ancial in/itution ,! t]m f9ancial in/itution means-- 7,a7 an insur$ bank 7z def9$ 9 section #c7;h7 ( ! ,f$]al ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahac7;h7772 7,b7 a comm]cial bank or tru/ company2 7,c7 a private bank]2 7,d7 an ag5cy or bran* ( a =eign bank 9 ! ,unit$ ,/ates2 7,e7 any cr$it union2 7,f7 a ?rift in/itution2 7,g7 a brok] or deal] regi/]$ ) ! ,securities & ,ex*ange ,commission "u ! ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #gh;a et seq472 7,h7 a brok] or deal] 9 securities or commodities2 7,i7 an inve/m5t bank] or inve/m5t company2 7,j7 an insurance company2 7,k7 a loan or f9ance company2 & 7,l7 a gre5 bank4 7#aj7 ,fund ,! t]m ,fund means ! ,clean ,en]gy ,inve/m5t ,fund e/abli%$ by section #aje7;a74 7#aa7 ,gre5 bank ,! t]m gre5 bank means a d$icat$ public or nonpr(it specializ$ f9ance entity t-- 7,a7 is design$ to /rategically drive private capital into em]g+ l[- & z]o-emission goods & s]vices2 7,b7 uses f9ance tools to mitigate climate *ange2 7,c7 does n take deposits2 7,d7 is fund$ by gov]nm5t1 public1 private1 or *>itable contributions2 & 7,e7 inve/s alone or 9 conjunction ) o!r inve/ors4 7#ab7 ,loan gu>antee ,! t]m loan gu>antee has ! mean+ giv5 ! t]m 9 section #ejb ( ! ,f$]al ,cr$it ,re=m ,act ( #aiij 7#b ,u4,s4,c4 #ffa;a74 7#ac7 ,national ,laboratory ,! t]m ,national ,laboratory has ! mean+ giv5 ! t]m 9 section #b ( ! ,en]gy ,policy ,act ( #bjje 7#db ,u4,s4,c4 #aehja74 7#ad7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,en]gy4 7#ae7 ,security ,! t]m security has ! mean+ giv5 ! t]m 9 section #b ( ! ,securities ,act ( #aicc 7#ae ,u4,s4,c4 #gg;b74 7#af7 ,small bus9ess ,! t]m small bus9ess means a bus9ess :i* is indep5d5tly own$ & op]at$ & :i* is n dom9ant 9 its field ( op]ation4 ,! t]m small bus9ess may be fur!r def9$ by ! ,adm9i/rator by ! numb] ( employees1 doll> volume ( bus9ess1 net wor?1 net income1 or o!r factors4 7#ag7 ,/ate ,! t]m ,/ate means-- 7,a7 a ,/ate2 7,b7 ! ,di/rict ( ,columbia2 7,c7 ! ,commonweal? ( ,pu]to ,rico2 & 7,d7 any o!r t]ritory or possession ( ! ,unit$ ,/ates4 #ajb4 ,en]gy te*nology deploym5t goals 7a7 ,goals ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y1 9 consultation ) ! ,advisory ,c\ncil1 %all develop & publi% = review & comm5t 9 ! ,f$]al ,regi/] ne>-1 m$ium-1 & long-t]m goals 7includ+ num]ical p]=mance t>gets at appropriate int]vals to measure progress t[>d ^? goals7 = ! deploym5t ( clean en]gy te*nologies ?r\gh ! cr$it support programs e/abli%$ by ?is subtitle to promote-- 7#a7 ! deploym5t1 by n lat] ?an #bjej1 ( electric g5]at+ capacity ) net-z]o gre5h\se gas emissions1 t is suffici5t to reliably meet ! project$ en]gy dem& ( ! ,unit$ ,/ates 9 #bjej2 7#b7 clean en]gy te*nologies 9 vehicles & fuels t w sub/antially r$uce ! reliance ( ! ,unit$ ,/ates on =eign s\rces ( en]gy & insulate consum]s f ! volatility ( global en]gy m>kets2 7#c7 a dome/ic comm]cialization & manufactur+ capacity t w e/abli% ! ,unit$ ,/ates z a _w lead] 9 clean en]gy te*nologies across multiple sectors2 7#d7 ! in/allation ( electricity transmission infra/ructure ) ! capacity to provide ! co/-effective deploym5t ( z]o-emission electricity te*nologies appropriate to ea* region ( ! ,unit$ ,/ates2 7#e7 ! trans=mation ( ! build+ /ock ( ! ,unit$ ,/ates to net z]o en]gy consumption2 7#f7 ! recov]y1 use1 & prev5tion ( wa/e en]gy2 7#g7 dome/ic manufactur+ ( clean en]gy te*nologies on a scale t is suffici5t to a*ieve price p>ity ) conv5tional en]gy s\rces2 7#h7 dome/ic production ( commodities & mat]ials1 includ+ /eel1 *emicals1 polym]s1 & cem5t1 ?r\gh ! use ( clean en]gy te*nologies t w e/abli% ! ,unit$ ,/ates z a _w lead] 9 ! environm5tally su/a9able production ( su* commodities & mat]ials2 7#i7 a robu/1 effici5t1 & int]active electricity transmission grid t w all[ = ! incorporation ( clean en]gy te*nologies1 di/ribut$ g5]ation1 sm>t grid functions1 & dem&-response 9 ea* regional electric grid2 7#aj7 a v>iety ( f9ancial products int5d$ to all[ own]s & us]s ( resid5tial1 retail1 comm]cial1 & indu/rial build+s to make en]gy effici5cy & di/ribut$ g5]ation te*nology inve/m5ts ) reasonable payback p]iods2 7#aa7 te*nical assi/ance to ,/ates & o!r political subdivisions t d n h gre5 banks to e/abli% indep5d5t1 nonpr(it gre5 banks 9 su* ,/ates & political subdivisions1 includ+ by work+ ) relevant /akehold]s 9 su* ,/ates & political subdivisions2 7#ab7 loan gu>antees1 cr$it enhancem5ts1 & o!r f9ancial products to ext5d ! rea* & effectiv5ess ( local1 ,/ate1 & regional f9anc+ entities1 includ+ gre5 banks1 & p>ticul>ly to support _! ability to f9ance local projects t-- 7,a7 provide jobs2 7,b7 mitigate gre5h\se gas emissions2 & 7,c7 s]ve-- 7i7 l[-income1 m9ority1 & di/ress$ neighborhoods 7)9 ! mean+ ( section #iaj ( ! ,h\s+ & ,community ,developm5t ,act ( #aiib 7#ab ,u4,s4,c4 #bija note2 ,public ,law #ajb-eej772 or 7ii7 l[-income1 m9ority1 & rural consum]s 7)9 ! mean+ ( ! f9al rule ( ! ,bureau ( ,consum] ,f9ancial ,protection entitl$ ,ability-to-,repay & ,qualifi$ ,mortgage ,/&>ds ,"u ! ,tru? 9 ,l5d+ ,act 7,regulation ,z7 7#gh ,f$4 ,reg4 #fdjh 7,janu>y #cj1 #bjac7772 & 7#ac7 su* o!r goals z ! ,secret>y1 9 consultation ) ! ,advisory ,c\ncil1 det]m9es to be consi/5t ) ?is subtitle4 7b7 ,revisions ,! ,secret>y %all revise ! goals e/abli%$ "u subsection 7a71 f "t to "t z appropriate1 to acc\nt = advances 9 te*nology & infra/ructure4 #ajc4 ,clean ,en]gy ,deploym5t ,adm9i/ration 7a7 ,e/abli%m5t 7#a7 ,9 g5]al ,!re is e/abli%$ 9 ! ,dep>tm5t ( ,en]gy an adm9i/ration1 to be kn[n z ! ,clean ,en]gy ,deploym5t ,adm9i/ration4 ,!re %all be at ! head ( ! ,adm9i/ration an ,adm9i/rator & a ,bo>d ( ,directors1 :o %all be appo9t$ by ! ,presid5t ) ! advice & cons5t ( ! ,s5ate4 7#b7 ,/atus 7,a7 ,9 g5]al ,! ,adm9i/ration 7includ+ (fic]s1 employees1 & ag5ts ( ! ,adm9i/ration7 %all n be responsible to1 or subject to ! au?ority1 direction1 or control (1 any o!r (fic]1 employee1 or ag5t ( ! ,dep>tm5t ( ,en]gy o!r ?an ! ,secret>y1 act+ ?r\gh ! ,adm9i/rator4 7,b7 ,exemption f reorganization ,! ,adm9i/ration %all be exempt f ! reorganization au?ority provid$ "u section #fdc ( ! ,dep>tm5t ( ,en]gy ,organization ,act 7#db ,u4,s4,c4 #gbec74 7,c7 ,inspector ,g5]al ,section #ab ( ! ,inspector ,g5]al ,act ( #aigh 7#e ,u4,s4,c4 ,app47 is am5d$-- 7i7 9 p>agraph 7#a71 by ins]t+ ! ,adm9i/rator ( ! ,clean ,en]gy ,deploym5t ,adm9i/ration2 aft] ,export-,import ,bank22 & 7ii7 9 p>agraph 7#b71 by ins]t+ ! ,clean ,en]gy ,deploym5t ,adm9i/ration1 aft] ,export-,import ,bank14 7#c7 ,(fices 7,a7 ,pr9cipal (fice ,! ,adm9i/ration %all-- 7i7 ma9ta9 ! pr9cipal (fice ( ! ,adm9i/ration 9 ! ,di/rict ( ,columbia2 & 7ii7 = purposes ( v5ue 9 civil actions1 be consid]$ to be a resid5t ( ! ,di/rict ( ,columbia4 7,b7 ,o!r (fices ,! ,adm9i/ration may e/abli% o!r (fices 9 su* o!r places z ! ,adm9i/ration consid]s necess>y or appropriate = ! conduct ( ! bus9ess ( ! ,adm9i/ration4 7b7 ,adm9i/rator 7#a7 ,9 g5]al ,! ,adm9i/rator %all be-- 7,a7 appo9t$ by ! ,presid5t1 ) ! advice & cons5t ( ! ,s5ate1 = a #e-ye> t]m2 & 7,b7 comp5sat$ at ! annual rate ( basic pay prescrib$ = level ,,ii ( ! ,executive ,s*$ule "u section #ecac ( title #e1 ,unit$ ,/ates ,code4 7#b7 ,duties ,! ,adm9i/rator %all-- 7,a7 s]ve z-- 7i7 ! ,*ief ,executive ,(fic] ( ! ,adm9i/ration2 & 7ii7 ! ,*airman ( ! ,bo>d ( ,directors2 7,b7 consult ) ! ,secret>y ( ,agriculture1 ! ,secret>y ( ! ,int]ior1 ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy1 & ! heads ( o!r ag5cies z appropriate1 9 c>ry+ out ! duties describ$ 9 ?is p>agraph2 7,c7 ensure t-- 7i7 ! ,adm9i/ration op]ates 9 a safe & s\nd mann]1 includ+ ma9t5ance ( adequate capital & int]nal controls 7consi/5t ) section #djd ( ! ,s>banes-,oxley ,act ( #bjjb 7#ae ,u4,s4,c4 #gbfb772 7ii7 ! op]ations & activities ( ! ,adm9i/ration fo/] liquid1 effici5t1 competitive1 & resili5t en]gy & en]gy effici5cy f9ance m>kets2 7iii7 ! ,adm9i/ration c>ries out ?is subtitle only ?r\gh activities t are au?oriz$ "u & consi/5t ) ?is subtitle2 & 7iv7 ! activities ( ! ,adm9i/ration & ! mann] 9 :i* ! ,adm9i/ration is op]at$ are consi/5t ) ! public int]e/2 7,d7 develop policies & proc$ures = ! ,adm9i/ration t w-- 7i7 promote a self-su/a9+ portfolio ( inve/m5ts t w maximize ! value ( inve/m5ts to effectively promote clean en]gy te*nologies2 7ii7 promote transp>5cy & op5ness 9 ,adm9i/ration op]ations2 7iii7 af=d ! ,adm9i/ration ) suffici5t flexibility to c>ry out ?is subtitle2 7iv7 provide = ! effici5t process+ ( applications2 7v7 promote ! p>ticipation ( private & public f9ancial in/itutions & o!r s\rces ( private capital 9 inve/m5ts1 on comm]cially reasonable t]ms1 if & to ! ext5t ! capital is available2 & 7vi7 promote ! availability ( f9ancial products to small bus9ess by work+ ) entities1 includ+ gre5 banks1 t h appropriate exp]tise 9 ext5d+ cr$it or o!r relevant f9ancial s]vices to small bus9esses t are develop+ clean en]gy te*nologies2 7,e7 ensure1 to ! maximum ext5t practicable & to ! ext5t ( available res\rces1 t on ! reque/ ( any en]gy transition community or ,indian ,tribe1 su* en]gy transition community or ,indian ,tribe %all h available sci5tific & te*nical in=mation & exp]tise = use 9 ! regulation1 developm5t1 & managem5t ( clean en]gy te*nologies1 ei!r-- 7i7 directly1 act+ ?r\gh ,f$]al (ficials )9 ! ,adm9i/ration2 or 7ii7 indirectly1 by provid+ f9ancial assi/ance to an en]gy transition community or an ,indian ,tribe to secure indep5d5t assi/ance 9 ! regulation1 developm5t1 & managem5t ( clean en]gy te*nologies2 & 7,f7 ) ! concurr5ce ( ! ,bo>d ( ,directors1 e/abli% expect$ loss res]ves = ! support provid$ by ! ,adm9i/ration consi/5t ) section #ajd7;a74 7c7 ,bo>d ( ,directors 7#a7 ,9 g5]al ,! ,bo>d ( ,directors ( ! ,adm9i/ration %all consi/ (-- 7,a7 ! ,secret>y or ! designee ( ! ,secret>y1 :o %all s]ve z an ex (ficio vot+ memb] ( ! ,bo>d ( ,directors2 7,b7 ! ,adm9i/rator1 :o %all s]ve z ! ,*airman ( ! ,bo>d ( ,directors2 & 7,c7 #g additional memb]s :o %all-- 7i7 be appo9t$ by ! ,presid5t1 ) ! advice & cons5t ( ! ,s5ate1 = /agg]$ #e-ye> t]ms2 & 7ii7 h exp]i5ce 9 bank+ or f9ancial s]vices relevant to ! op]ations ( ! ,adm9i/ration1 includ+ individuals ) sub/antial exp]i5ce 9 ! developm5t ( en]gy projects1 ! electricity g5]ation sector1 ! transportation sector1 ! manufactur+ sector1 ! en]gy effici5cy sector1 or help+ l[-income1 m9ority1 & di/ress$ neighborhoods 7)9 ! mean+ ( section #iaj ( ! ,h\s+ & ,community ,developm5t ,act ( #aiib 7#ab ,u4,s4,c4 #bija note2 ,public ,law #ajb-eej77 develop & b5efit f clean en]gy te*nologies4 7#b7 ,duties ,! ,bo>d ( ,directors %all-- 7,a7 ov]see ! op]ations ( ! ,adm9i/ration & ensure indu/ry be/ practices are foll[$ 9 all f9ancial transactions involv+ ! ,adm9i/ration2 7,b7 consult ) ! ,adm9i/rator on ! g5]al policies & proc$ures ( ! ,adm9i/ration to ensure t ! int]e/s ( ! taxpay]s are protect$2 7,c7 ensure t ! portfolio ( inve/m5ts ( ! ,adm9i/ration are consi/5t ) ?is subtitle & ) ! long-t]m f9ancial /ability ( ! ,adm9i/ration2 7,d7 ensure t ! op]ations & activities ( ! ,adm9i/ration are consi/5t ) ! developm5t ( a robu/ private sector t c provide comm]cial loans or f9anc+ products = clean en]gy te*nologies2 & 7,e7 n s]ve on a full-"t basis1 except t ! ,bo>d ( ,directors %all meet at lea/ qu>t]ly to review1 z appropriate1 applications = cr$it support & set policies & proc$ures z necess>y4 7#c7 ,removal ,an appo9t$ memb] ( ! ,bo>d ( ,directors may be remov$ f (fice by ! ,presid5t = good cause4 7#d7 ,vacancies ,an appo9t$ seat on ! ,bo>d ( ,directors t becomes vacant %all be fill$ by appo9tm5t by ! ,presid5t1 b only = ! unexpir$ portion ( ! t]m ( ! vacat+ memb]4 7#e7 ,comp5sation ( memb]s ,an appo9t$ memb] ( ! ,bo>d ( ,directors %all be comp5sat$ at a rate equal to ! daily equival5t ( ! annual rate ( basic pay prescrib$ = level ,,iii ( ! ,executive ,s*$ule "u section #ecad ( title #e1 ,unit$ ,/ates ,code1 = ea* day 7includ+ travel "t7 dur+ :i* ! memb] is engag$ 9 ! p]=mance ( ! duties ( ! ,bo>d ( ,directors4 7d7 ,en]gy ,te*nology ,advisory ,c\ncil 7#a7 ,9 g5]al ,! ,adm9i/ration %all h an ,en]gy ,te*nology ,advisory ,c\ncil consi/+ (-- 7,a7 #f memb]s select$ by ! ,secret>y2 & 7,b7 #c memb]s select$ by ! ,bo>d ( ,directors ( ! ,adm9i/ration4 7#b7 ,qualifications ,! memb]s ( ! ,advisory ,c\ncil %all-- 7,a7 h relevant sci5tific exp]tise2 & 7,b7 9 ! case ( ! memb]s select$ by ! ,secret>y "u p>agraph 7#a77;,a71 include repres5tatives (-- 7i7 ! academic community2 7ii7 ! private rese>* community2 7iii7 ,national ,laboratories2 7iv7 ! te*nology or project developm5t community2 7v7 ! comm]cial en]gy f9anc+ & op]ations sector2 & 7vi7 ! electric g5]ation sector1 includ+ at lea/ "o p]son :o is kn[l$geable ( ! electric coop]ative sector4 7#c7 ,duties 7,a7 ,advice ,! ,advisory ,c\ncil %all provide advice to ! ,adm9i/ration reg>d+ ! te*nological approa*es t %\ld be support$ by ! ,adm9i/ration to meet ! goals develop$ by ! ,secret>y "u section #ajb4 7,b7 ,me?odology = assessm5t ,! ,advisory ,c\ncil %all develop & publi% = comm5t 9 ! ,f$]al ,regi/] a me?odology = ! assessm5t ( clean en]gy te*nologies4 ,su* me?odology %all-- 7i7 all[ ! ,adm9i/ration to evaluate projects bas$ on ! progress likely to be a*iev$ p]-doll> inve/$ 9 clean en]gy te*nology2 & 7ii7 take into acc\nt ! ext5t to :i* support = a clean en]gy te*nology is likely to accrue b5efits t are attributable to comm]cial-scale deploym5t tak+ place e>li] ?an t :i* o!rwise w\ld h occurr$ )\t ! support4 7#d7 ,t]m 7,a7 ,9 g5]al ,memb]s ( ! ,advisory ,c\ncil %all h #e-ye> /agg]$ t]ms1 z det]m9$ by ! ,secret>y & ! ,adm9i/rator4 7,b7 ,reappo9tm5t ,a memb] ( ! ,advisory ,c\ncil may be reappo9t$4 7#e7 ,comp5sation ,a memb] ( ! ,advisory ,c\ncil1 :o is n o!rwise comp5sat$ z a ,f$]al employee1 %all be comp5sat$ at a rate equal to ! daily equival5t ( ! annual rate ( basic pay prescrib$ = level ,,iv ( ! ,executive ,s*$ule "u section #ecae ( title #e1 ,unit$ ,/ates ,code1 = ea* day 7includ+ travel "t7 dur+ :i* ! memb] is engag$ 9 ! p]=mance ( ! duties ( ! ,advisory ,c\ncil4 7e7 ,/aff 7#a7 ,9 g5]al ,! ,adm9i/rator1 9 consultation ) ! ,bo>d ( ,directors1 may-- 7,a7 appo9t & t]m9ate su* (fic]s1 attorneys1 employees1 & ag5ts z are necess>y to c>ry out ?is subtitle2 & 7,b7 ve/ ^? p]sonnel ) su* p[]s & duties z ! ,adm9i/rator det]m9es to be necess>y4 7#b7 ,direct hire au?ority 7,a7 ,9 g5]al ,not)/&+ section #ccjd & sections #ccji ?r\gh #ccah ( title #e1 ,unit$ ,/ates ,code1 ! ,adm9i/rator may1 on a det]m9ation t !re is a sev]e %ortage ( c&idates or a critical hir+ ne$ = p>ticul> positions1 recruit & directly appo9t highly qualifi$ critical p]sonnel ) specializ$ k important to ! function ( ! ,adm9i/ration into ! competitive s]vice4 7,b7 ,exception ,! au?ority grant$ "u subp>agraph 7,a7 %all n apply to positions 9 ! except$ s]vice or ! ,s5ior ,executive ,s]vice4 7,c7 ,requirem5ts ,9 ex]cis+ ! au?ority grant$ "u subp>agraph 7,a71 ! ,adm9i/rator %all ensure t any action tak5 by ! ,adm9i/rator-- 7i7 is consi/5t ) ! m]it pr9ciples ( section #bcja ( title #e1 ,unit$ ,/ates ,code2 & 7ii7 complies ) ! public notice requirem5ts ( section #ccbg ( title #e1 ,unit$ ,/ates ,code4 7,d7 ,t]m9ation ( effectiv5ess ,! au?ority provid$ by ?is p>agraph t]m9ates effective on ! date t is #c ye>s aft] ! date ( enactm5t ( ?is ,act4 7#c7 ,critical pay au?ority 7,a7 ,9 g5]al ,not)/&+ section #ecgg ( title #e1 ,unit$ ,/ates ,code1 & )\t reg>d to ! provisions ( t title gov]n+ appo9tm5ts 9 ! competitive s]vice or ! ,s5ior ,executive ,s]vice & *apt]s #ea & #ec ( t title 7relat+ to classification & pay rates71 ! ,adm9i/rator may e/abli%1 fix ! comp5sation (1 & appo9t individuals to critical positions ne$$ to c>ry out ! functions ( ! ,adm9i/ration1 if ! ,adm9i/rator c]tifies t-- 7i7 ! positions require exp]tise ( an extremely high level 9 a f9ancial1 te*nical1 or sci5tific field2 7ii7 ! ,adm9i/ration w\ld n successfully accompli% an important mission )\t su* an individual2 & 7iii7 ex]cise ( ! au?ority is necess>y to recruit an individual :o is exceptionally well qualifi$ = ! position4 7,b7 ,limitations ,! au?ority grant$ "u subp>agraph 7,a7 %all be subject to ! foll[+ conditions3 7i7 ,! numb] ( critical positions au?oriz$ by subp>agraph 7,a7 may n exce$ #bj at any giv5 "t 9 ! ,adm9i/ration4 7ii7 ,! t]m ( an appo9tm5t "u subp>agraph 7,a7 may n exce$ #d ye>s4 7iii7 ,an individual appo9t$ "u subp>agraph 7,a7 may n h be5 an ,adm9i/ration employee at any "t dur+ ! #b-ye> p]iod prec$+ ! date ( appo9tm5t4 7iv7 ,total annual comp5sation = any individual appo9t$ "u subp>agraph 7,a7 may n exce$ ! highe/ total annual comp5sation payable at ! rate det]m9$ "u section #ajd ( title #c1 ,unit$ ,/ates ,code4 7v7 ,an individual appo9t$ "u subp>agraph 7,a7 may n be consid]$ to be an employee = purposes ( sub*apt] ,,ii ( *apt] #ge ( title #e1 ,unit$ ,/ates ,code4 7,c7 ,notification ,ea* ye>1 ! ,adm9i/rator %all submit to ,congress a notification t li/s ea* individual appo9t$ "u ?is p>agraph4 #ajd4 ,adm9i/ration functions 7a7 ,direct support 7#a7 ,9 g5]al ,! ,adm9i/ration may issue direct loans1 lett]s ( cr$it1 loan gu>antees1 insurance products1 or su* o!r cr$it support 7includ+ ?r\gh p>ticipation z a co-l5d] or a l5d+ memb] ( a syndication7 z ! ,adm9i/rator consid]s appropriate to deploy clean en]gy te*nologies if ! ,adm9i/rator has det]m9$ t deploym5t ( ! te*nologies w\ld b5efit or be accel]at$ by ! support4 7#b7 ,eligibility crit]ia ,9 c>ry+ out ?is subsection & aw>d+ cr$it support to projects1 ! ,adm9i/rator %all acc\nt =-- 7,a7 h[ ! te*nology rates bas$ on an evaluation me?odology e/abli%$ by ! ,advisory ,c\ncil2 7,b7 h[ ! project fits ) ! goals develop$ by ! ,secret>y "u section #ajb2 & 7,c7 ! pot5tial = ! applicant to successfully complete ! project4 7#c7 ,risk 7,a7 ,te*nology risk ,9 ?is p>agraph1 ! t]m te*nology risk-- 7i7 means risk dur+ con/ruction or op]ation associat$ ) ! design1 developm5t1 or deploym5t ( a clean en]gy te*nology f ! p]spective ( comm]cial l5d]s1 t may be increas$ z a result ( ! abs5ce ( adequate hi/orical con/ruction1 op]at+1 or p]=mance data f comm]cial applications ( ! te*nology2 & 7ii7 includes risk associat$ ) ! co/1 s*$ule1 p]=mance1 reliability1 ma9t5ance1 & ! p]ception ( risk4 7,b7 ,expect$ loan loss res]ve ,! ,adm9i/rator %all e/abli% an expect$ loan loss res]ve to acc\nt = e/imat$ losses attributable to activities "u ?is section t is consi/5t ) ! purposes (-- 7i7 develop+ break?r\gh te*nologies to ! po9t at :i* ! associat$ te*nology risk is l>gely mitigat$2 7ii7 a*iev+ widespread deploym5t & advanc+ ! comm]cial viability ( clean en]gy te*nologies2 & 7iii7 advanc+ ! goals develop$ by ! ,secret>y "u section #ajb4 7,c7 ,initial expect$ loan loss res]ve ,until su* "t z ! ,adm9i/rator det]m9es suffici5t data exi/ to e/abli% an expect$ loan loss res]ve t is appropriate1 ! ,adm9i/rator %all consid] e/abli%+ an initial rate ( #aj p]c5t = ! portfolio ( inve/m5ts "u ?is subtitle4 7,d7 ,portfolio inve/m5t approa* ,! ,adm9i/ration %all-- 7i7 use a portfolio inve/m5t approa* to mitigate risk & div]sify inve/m5ts across te*nologies2 7ii7 to ! maximum ext5t practicable & consi/5t ) long-t]m self-suffici5cy1 weigh ! portfolio ( inve/m5ts 9 projects to advance goals develop$ by ! ,secret>y "u section #ajb2 & 7iii7 consi/5t ) ! expect$ loan loss res]ve e/abli%$ "u ?is p>agraph1 provide ! maximum practicable p]c5tage ( support to promote break?r\gh te*nologies4 7,e7 ,loss rate review 7i7 ,9 g5]al ,! ,bo>d ( ,directors %all review on an annual basis ! loss rates ( ! portfolio to det]m9e ! adequacy ( ! res]ves4 7ii7 ,report ,n lat] ?an #ij days aft] ! date ( ! initiation ( ea* review "u clause 7i71 ! ,adm9i/rator %all submit to ! ,committee on ,en]gy & ,comm]ce ( ! ,h\se ( ,repres5tatives & ! ,committee on ,en]gy & ,natural ,res\rces ( ! ,s5ate a report describ+ ! results ( ! review & any recomm5d$ policy *anges4 7#d7 ,application review 7,a7 ,9 g5]al ,to ! maximum ext5t practicable & consi/5t ) s\nd bus9ess practices1 ! ,adm9i/ration %all seek to consolidate reviews ( applications = cr$it support "u ?is subtitle su* t f9al decisions on applications c be issu$ n lat] ?an #ahj days aft] ! date ( submission ( a complet$ application4 7,b7 ,environm5tal review ,9 c>ry+ out ?is subtitle1 ! ,adm9i/ration %all1 to ! maximum ext5t practicable-- 7i7 avoid duplicat+ ef=ts t h already be5 und]tak5 by o!r ag5cies1 includ+ ,/ate ag5cies act+ "u ,f$]al programs2 & 7ii7 ) ! advice ( ! ,c\ncil on ,environm5tal ,quality & any o!r applicable ag5cies1 use ! adm9i/rative records ( simil> reviews conduct$ ?r\gh\t ! executive bran* to develop ! mo/ exp$iti\s review process practicable4 7#e7 ,wage rate requirem5ts ,) respect to ! labor /&>ds specifi$ 9 ?is section1 ! ,secret>y ( ,labor %all h ! au?ority & functions set =? 9 ,reorganization ,plan ,numb]$ #ad ( #aiej 7#fd ,/at4 #abfg2 #e ,u4,s4,c4 ,app47 & section #cade ( title #dj1 ,unit$ ,/ates ,code4 7b7 ,indirect support 7#a7 ,9 g5]al ,! ,adm9i/ration %all develop f9ancial products & arrangem5ts to promote widespread deploym5t (1 & private sector support (1 clean en]gy te*nologies by facilitat+ aggregation ( small projects & by provid+ indirect cr$it support1 includ+ cr$it enhancem5t1 to private & public entities1 includ+ gre5 banks4 7#b7 ,f9ancial products ,! ,adm9i/ration-- 7,a7 9 coop]ation ) ,f$]al1 ,/ate1 local1 & private sector entities1 %all develop debt in/rum5ts t directly aggregate1 or provide = ! aggregation (1 projects = ! deploym5t ( clean en]gy te*nology on a scale appropriate = resid5tial or comm]cial applications2 & 7,b7 may insure1 pur*ase1 & make commitm5ts to pur*ase1 any debt in/rum5t associat$ ) ! deploym5t ( a clean en]gy te*nology 7includ+ in/rum5ts secur$ by li5s or o!r collat]al relat$ to ! fund+ ( clean en]gy te*nology7 = ! purposes ( enhanc+ ! availability ( private f9anc+ = deploym5t ( clean en]gy te*nology4 7#c7 ,disposition ( debt or int]e/ ,! ,adm9i/ration may acquire1 hold1 & sell or o!rwise dispose (1 pursuant to commitm5ts or o!rwise1 any debt associat$ ) ! deploym5t ( clean en]gy te*nologies or int]e/ 9 ! debt4 7#d7 ,pric+ 7,a7 ,9 g5]al ,! ,adm9i/rator may e/abli% requirem5ts1 & impose *>ges or fees1 :i* may be reg>d$ z elem5ts ( pric+1 = diff]5t classes ( sell]s1 s]vic]s1 or s]vices4 7,b7 ,classification ( sell]s & s]vic]s ,= ! purpose ( subp>agraph 7,a71 ! ,adm9i/rator may classify sell]s & s]vic]s z necess>y to promote transp>5cy & liquidity & to prop]ly *>act]ize ! risk ( default4 7#e7 ,eligibility ,! ,adm9i/rator %all e/abli%-- 7,a7 eligibility crit]ia = loan orig9ators1 sell]s1 & s]vic]s seek+ support = portfolios ( f9ancial obligations relat+ to clean en]gy te*nologies to ensure ! capability ( ! loan orig9ators1 sell]s1 & s]vic]s to p]=m ! functions requir$ to ma9ta9 ! expect$ p]=mance ( ! portfolios2 & 7,b7 su* crit]ia1 /&>ds1 guidel9es1 & me*anisms su* t1 to ! maximum ext5t practicable1 loan orig9ators & sell]s w be able to det]m9e ! eligibility ( loans = resale at ! "t ( initial l5d+4 7#f7 ,second>y m>ket support 7,a7 ,9 g5]al ,! ,adm9i/ration may l5d on ! security (1 & make commitm5ts to l5d on ! security (1 any debt t ! ,adm9i/ration has issu$ or is au?oriz$ to pur*ase "u ?is section4 7,b7 ,au?oriz$ actions ,on su* t]ms & conditions z ! ,adm9i/rator may prescribe1 ! ,adm9i/ration may1 bas$ on ! debt & ) ! concurr5ce ( ! ,bo>d ( ,directors-- 7i7 give security or gu>antee2 7ii7 pay int]e/ or o!r return2 & 7iii7 issue notes1 deb5tures1 bonds1 or o!r obligations or securities4 7#g7 ,l5d+ activities 7,a7 ,9 g5]al ,! ,adm9i/rator %all det]m9e-- 7i7 ! volume ( ! l5d+ activities ( ! ,adm9i/ration2 & 7ii7 ! types ( loan ratios1 risk pr(iles1 int]e/ rates1 maturities1 & *>ges or fees 9 ! second>y m>ket op]ations ( ! ,adm9i/ration4 7,b7 ,objectives ,det]m9ations "u subp>agraph 7,a7 %all be consi/5t ) ! objectives (-- 7i7 provid+ an attractive inve/m5t environm5t = clean en]gy te*nologies2 7ii7 mak+ ! op]ations ( ! ,adm9i/ration self-support+ ov] ! long t]m2 & 7iii7 advanc+ ! goals develop$ by ! ,secret>y "u section #ajb4 #aje4 ,improvem5ts to exi/+ clean en]gy inve/m5t programs 7a7 ,clean ,en]gy ,inve/m5t ,fund 7#a7 ,e/abli%m5t ,!re is e/abli%$ 9 ! ,treasury ( ! ,unit$ ,/ates a revolv+ fund1 to be kn[n z ! ,clean ,en]gy ,inve/m5t ,fund1 consi/+ (-- 7,a7 su* am\nts z are deposit$ 9 ! ,fund "u ?is subtitle & am5dm5ts made by ?is subtitle2 & 7,b7 su* sums z may be appropriat$ to ! ,fund4 7#b7 ,exp5ditures f fund 7,a7 ,9 g5]al ,am\nts 9 ! ,fund %all be available to ! ,secret>y = obligation )\t fiscal ye> limitation1 to rema9 available until exp5d$4 7,b7 ,adm9i/rative exp5ses 7i7 ,fees ,fees collect$ by ! ,secret>y ( ! ,treasury = exp5ses relat$ to ! adm9i/rative ne$s ( ! ,fund %all be available )\t limitation to cov] applicable exp5ses4 7ii7 ,fund ,to ! ext5t t adm9i/rative exp5ses are n reimburs$ ?r\gh fees1 an am\nt n to exce$ #a4e p]c5t ( ! am\nts 9 ! ,fund z ( ! beg9n+ ( ea* fiscal ye> %all be available to pay ! adm9i/rative exp5ses = ! fiscal ye> necess>y to c>ry out title ,,xvii ( ! ,en]gy ,policy ,act ( #bjje 7#db ,u4,s4,c4 #afeaa et seq474 7#c7 ,transf]s ( am\nts 7,a7 ,9 g5]al ,! am\nts requir$ to be transf]r$ to ! ,fund "u ?is subsection %all be transf]r$ at lea/ mon?ly f ! g5]al fund ( ! ,treasury to ! ,fund on ! basis ( e/imates made by ! ,secret>y ( ! ,treasury4 7,b7 ,ca% fl[s ,ca% fl[s associat$ ) co/s ( ! ,fund describ$ 9 section #ejb7e77;,b7 ( ! ,f$]al ,cr$it ,re=m ,act ( #aiij 7#b ,u4,s4,c4 #ffa;a7#e77;,b77 %all be transf]r$ to appropriate cr$it acc\nts4 7,c7 ,adju/m5ts ,prop] adju/m5t %all be made 9 am\nts subsequ5tly transf]r$ to ! ext5t prior e/imates 7 9 excess ( or less ?an ! am\nts requir$ to be transf]r$4 7b7 ,revisions to loan gu>antee program au?ority 7#a7 ,def9ition ( comm]cial te*nology ,section #agja7a7 ( ! ,en]gy ,policy ,act ( #bjje 7#db ,u4,s4,c4 #afeaa7a77 is am5d$ by /rik+ subp>agraph 7,b7 & ins]t+ ! foll[+3 7,b7 ,exclusion ,! t]m comm]cial te*nology does n include a te*nology solely by ! use ( ! te*nology 9-- 7i7 a demon/ration project fund$ by ! ,dep>tm5t2 or 7ii7 a project = :i* ! ,secret>y approv$ a gu>antee4 4 7#b7 ,subrogation ,section #agjb7;g77#b7 ( ! ,en]gy ,policy ,act ( #bjje 7#db ,u4,s4,c4 #afeab7;g77#b77 is am5d$ by /rik+ subp>agraphs 7,b7 & 7,c7 & ins]t+ ! foll[+3 7,b7 ,sup]iority ( rights ,except z provid$ 9 subp>agraph 7,c71 ! rights ( ! ,secret>y1 ) respect to any prop]ty acquir$ pursuant to a gu>antee or relat$ agreem5ts1 %all be sup]ior to ! rights ( any o!r p]son ) respect to ! prop]ty4 7,c7 ,t]ms & conditions ,a gu>antee agreem5t %all include su* detail$ t]ms & conditions z ! ,secret>y det]m9es appropriate to-- 7i7 protect ! int]e/s ( ! ,unit$ ,/ates 9 ! case ( default2 7ii7 h available all ! pat5ts & te*nology necess>y = any p]son select$1 includ+ ! ,secret>y1 to complete & op]ate ! project2 7iii7 provide = %>+ ! proce$s receiv$ f ! sale ( project assets ) o!r cr$itors or control ! disposition ( project assets if necess>y to protect ! int]e/s ( ! ,unit$ ,/ates 9 ! case ( default2 & 7iv7 provide su* li5 priority 9 project assets z necess>y to protect ! int]e/s ( ! ,unit$ ,/ates 9 ! case ( a default4 4 #ajf4 ,f$]al cr$it au?ority 7a7 ,transf] ( functions & au?ority 7#a7 ,9 g5]al 7,a7 ,deadl9e ,subject to p>agraph 7#b71 on a f9d+ by ! ,secret>y & ! ,adm9i/rator t ! ,adm9i/ration is suffici5tly ready to assume ! functions1 & t applicants to ^? programs w n be unduly adv]sely affect$1 b 9 no case lat] ?an #ah mon?s aft] ! date ( enactm5t ( ?is ,act1 ! functions & au?ority ( ! ,secret>y describ$ 9 subp>agraph 7,b7 %all be transf]r$ to ! ,adm9i/ration4 7,b7 ,functions & au?ority ,! functions & au?ority ( ! ,secret>y describ$ 9 ?is subp>agraph are functions & au?ority "u-- 7i7 title ,,xvii ( ! ,en]gy ,policy ,act ( #bjje 7#db ,u4,s4,c4 #afeaa et seq472 7ii7 section #bfjb7;c7 ( ! ,en]gy ,policy ,act ( #aiib 7#be ,u4,s4,c4 #cejb7;c772 & 7iii7 f9ancial s]vices & program managem5t = grant1 loan1 & o!r cr$it enhancem5t programs au?oriz$ to be adm9i/]$ by ! ,secret>y "u any o!r provision ( law1 z ! ,secret>y det]m9es appropriate4 7#b7 ,failure to transf] functions ,if ! functions & au?orities are n transf]r$ to ! ,adm9i/ration 9 accordance ) p>agraph 7#a71 ! ,secret>y & ! ,adm9i/rator %all submit to ,congress a report on ! reasons = delay & an expect$ timetable = transf] ( ! functions & au?orities to ! ,adm9i/ration n lat] ?an #b ye>s aft] ! enactm5t ( ?is title & e ye> !reaft] until ! functions & au?orities are transf]r$ to ! ,adm9i/ration4 7#c7 ,effect on exi/+ rights & obligations ,! transf] ( functions & au?ority "u ?is subsection %all n affect ! rights & obligations ( any p>ty t arise "u a pr$ecessor program or au?ority prior to ! transf] "u ?is subsection4 7#d7 ,transf] ( ,fund au?ority 7,a7 ,9 g5]al ,on transf] ( functions pursuant to p>agraph 7#a71 ! ,adm9i/ration %all h all au?orities to make use ( ! ,fund res]v$ = ! ,secret>y be=e ! transf]4 7,b7 ,adm9i/rative exp5ses ,effective beg9n+ on ! date ( enactm5t ( ?is ,act1 ! ,adm9i/rator may make use ( up to #a4e p]c5t ( ! am\nts 9 ! ,fund z ( ! beg9n+ ( ea* fiscal ye> to pay adm9i/rative exp5ses = t fiscal ye> to c>ry out ?is subtitle4 7#e7 ,use 7,a7 ,9 g5]al ,am\nts 9 ! ,fund %all be available = dis*>ge ( liabilities & all o!r exp5ses ( ! ,adm9i/ration1 includ+ subsequ5t transf] to ! respective cr$it acc\nts4 7,b7 ,liability ,all activities ( ! ,adm9i/ration t c\ld result 9 a liability = ! ,unit$ ,/ates %all be transp>5tly acc\nt$ = & no obligation or liability may be incurr$ unless-- 7i7 ! appropriate am\nts are transf]r$ to cr$it acc\nts = activities pursuant to ! ,f$]al ,cr$it ,re=m ,act ( #aiij 7#b ,u4,s4,c4 #ffa;a72 or 7ii7 suffici5t am\nts are res]v$ )9 ! ,fund to acc\nt = su* liabilities4 7#f7 ,initial inve/m5t 7,a7 ,9 g5]al ,on transf] ( functions pursuant to p>agraph 7#a71 out ( any funds 9 ! ,treasury n o!rwise appropriat$1 ! ,secret>y ( ! ,treasury %all transf] to ! ,fund to c>ry out ?is subtitle #aj1jjj1jjj1jjj1 to rema9 available until exp5d$4 7,b7 ,receipt & acceptance ,! ,fund %all be entitl$ to receive & %all accept1 & %all be us$ to c>ry out ?is subtitle1 ! funds transf]r$ to ! ,fund "u subp>agraph 7,a71 )\t fur!r appropriation4 7#g7 ,au?orization ( appropriations ,9 addition to funds made available by p>agraphs 7#a7 ?r\gh 7#f71 !re are au?oriz$ to be appropriat$ to ! ,fund su* sums z are necess>y to c>ry out ?is subtitle4 7b7 ,paym5ts ( liabilities ,any paym5t to dis*>ge liabilities aris+ f agreem5ts "u ?is subtitle %all be made exclusively out ( ! ,fund or ! associat$ cr$it acc\nt1 z appropriate4 7c7 ,fees 7#a7 ,9 g5]al ,consi/5t ) c>ry+ out ?is subtitle1 ! ,adm9i/rator %all *>ge fees or collect comp5sation g5]ally 9 accordance ) comm]cial rates4 7#b7 ,availability ( fees ,all fees collect$ by ! ,adm9i/ration may be reta9$ by ! ,adm9i/ration & plac$ 9 ! ,fund & may rema9 available to ! ,adm9i/ration1 )\t fur!r appropriation or fiscal ye> limitation1 = use 9 c>ry+ out ?is subtitle4 7#c7 ,break?r\gh te*nologies ,! ,adm9i/ration %all *>ge ! m9imum am\nt 9 fees or comp5sation practicable = break?r\gh te*nologies1 consi/5t ) ! long-t]m viability ( ! ,adm9i/ration1 unless ! ,adm9i/ration fir/ det]m9es t a high] *>ge w n imp$e ! developm5t ( ! te*nology4 7#d7 ,alt]native fee arrangem5ts ,! ,adm9i/ration may use su* alt]native arrangem5ts 7su* z pr(it p>ticipation1 cont+5t fees1 & o!r valuable cont+5t int]e/s7 z ! ,adm9i/ration consid]s appropriate to comp5sate ! ,adm9i/ration = ! exp5ses ( ! ,adm9i/ration & ! risk inh]5t 9 ! support ( ! ,adm9i/ration4 7d7 ,co/ transf] au?ority ,am\nts collect$ by ! ,adm9i/ration = ! co/ ( a loan or loan gu>antee %all be transf]r$ by ! ,adm9i/ration to ! respective cr$it program acc\nts4 7e7 ,supplem5tal borr[+ au?ority ,9 ord] to ma9ta9 suffici5t liquidity = activities au?oriz$ "u section #ajd7;b71 ! ,adm9i/ration may issue notes1 deb5tures1 bonds1 or o!r obligations = pur*ase by ! ,secret>y ( ! ,treasury4 7f7 ,public debt transactions ,= ! purpose ( subsection 7e7-- 7#a7 ! ,secret>y ( ! ,treasury may use z a public debt transaction ! proce$s ( ! sale ( any securities issu$ "u *apt] #ca ( title #ca1 ,unit$ ,/ates ,code2 & 7#b7 ! purposes = :i* securities may be issu$ "u t *apt] are ext5d$ to include any pur*ase "u ?is subsection4 7g7 ,maximum out/&+ hold+ ,! ,secret>y ( ! ,treasury %all pur*ase in/rum5ts issu$ "u subsection 7e7 to ! ext5t t ! pur*ase w\ld n increase ! aggregate pr9cipal am\nt ( ! out/&+ hold+s ( obligations "u subsection 7e7 by ! ,secret>y ( ! ,treasury to an am\nt t is great] ?an #b1jjj1jjj1jjj4 7h7 ,rate ( return ,ea* pur*ase ( obligations by ! ,secret>y ( ! ,treasury "u ?is section %all be on t]ms & conditions e/abli%$ to yield a rate ( return det]m9$ by ! ,secret>y ( ! ,treasury to be appropriate1 tak+ into acc\nt ! curr5t av]age rate on out/&+ m>ketable obligations ( ! ,unit$ ,/ates z ( ! la/ day ( ! mon? prec$+ ! pur*ase4 7i7 ,sale ( obligations ,! ,secret>y ( ! ,treasury may at any "t sell1 on t]ms & conditions & at prices det]m9$ by ! ,secret>y ( ! ,treasury1 any ( ! obligations acquir$ by ! ,secret>y ( ! ,treasury "u ?is section4 7j7 ,public debt transactions ,all r$emptions1 pur*ases1 & sales by ! ,secret>y ( ! ,treasury ( obligations "u ?is section %all be treat$ z public debt transactions ( ! ,unit$ ,/ates4 #ajg4 ,g5]al provisions 7a7 ,immunity f impairm5t1 limitation1 or re/riction 7#a7 ,9 g5]al ,all rights & rem$ies ( ! ,adm9i/ration 7includ+ any rights & rem$ies ( ! ,adm9i/ration on1 "u1 or ) respect to any mortgage or any obligation secur$ by a mortgage7 %all be immune f impairm5t1 limitation1 or re/riction by or "u-- 7,a7 any law 7o!r ?an a law enact$ by ,congress expressly 9 limitation ( ?is p>agraph7 t becomes effective aft] ! acquisition by ! ,adm9i/ration ( ! subject or prop]ty on1 "u1 or ) respect to :i* ! "r or rem$y arises or exi/s or w\ld s arise or exi/ 9 ! abs5ce ( ! law2 or 7,b7 any adm9i/rative or o!r action t becomes effective aft] ! acquisition4 7#b7 ,/ate law ,! ,adm9i/rator may conduct ! bus9ess ( ! ,adm9i/ration )\t reg>d to any qualification or law ( any ,/ate relat+ to incorporation4 7b7 ,use ( o!r ag5cies ,) ! cons5t ( a dep>tm5t1 e/abli%m5t1 or in/rum5tality 7includ+ any field (fice71 ! ,adm9i/ration may-- 7#a7 use & act ?r\gh any dep>tm5t1 e/abli%m5t1 or in/rum5tality2 or 7#b7 use1 & pay comp5sation =1 in=mation1 s]vices1 facilities1 & p]sonnel ( ! dep>tm5t1 e/abli%m5t1 or in/rum5tality4 7c7 ,procurem5t ,! ,adm9i/rator %all be ! s5ior procurem5t (fic] = ! ,adm9i/ration = purposes ( section #agjb ( title #da1 ,unit$ ,/ates ,code4 7d7 ,f9ancial matt]s 7#a7 ,inve/m5ts ,funds ( ! ,adm9i/ration may be inve/$ 9 su* inve/m5ts z ! ,bo>d ( ,directors may prescribe4 7#b7 ,fiscal ag5ts ,any ,f$]al res]ve bank or any bank = :i*1 at ! "t ( designation by ! ,adm9i/rator !re is out/&+ a designation by ! ,secret>y ( ! ,treasury z a g5]al or o!r depository ( public money1 may be designat$ by ! ,adm9i/rator z a deposit>y or cu/odian or z a fiscal or o!r ag5t ( ! ,adm9i/ration4 7e7 ,jurisdiction ,not)/&+ section #acdi ( title #bh1 ,unit$ ,/ates ,code1 or any o!r provision ( law-- 7#a7 ! ,adm9i/ration %all be consid]$ a corporation cov]$ by sections #acde & #addb ( title #bh1 ,unit$ ,/ates ,code2 7#b7 all civil actions to :i* ! ,adm9i/ration is a p>ty %all be consid]$ to arise "u ! laws ( ! ,unit$ ,/ates1 & ! di/rict c\rts ( ! ,unit$ ,/ates %all h orig9al jurisdiction ( all su* actions1 )\t reg>d to am\nt or value1 except t ! c\rts ( appeals %all h jurisdiction ov] civil actions p]ta9+ to section #ajc7;a77#c72 & 7#c7 any civil or o!r action1 case or controv]sy 9 a c\rt ( a ,/ate1 or 9 any c\rt o!r ?an a di/rict c\rt ( ! ,unit$ ,/ates1 to :i* ! ,adm9i/ration is a p>ty may at any "t be=e trial be remov$ by ! ,adm9i/ration1 )\t ! giv+ ( any bond or security & by foll[+ any proc$ure = removal ( causes 9 effect at ! "t ( ! removal-- 7,a7 to ! di/rict c\rt ( ! ,unit$ ,/ates = ! di/rict & division embrac+ ! place 9 :i* ! same is p5d+2 or 7,b7 if !re is no su* di/rict c\rt1 to ! di/rict c\rt ( ! ,unit$ ,/ates = ! di/rict 9 :i* ! pr9cipal (fice ( ! ,adm9i/ration is locat$4 7f7 ,p]iodic reports ,n lat] ?an #a ye> aft] comm5cem5t ( op]ation ( ! ,adm9i/ration & at lea/ biannually !reaft]1 ! ,adm9i/rator %all submit to ! ,committee on ,en]gy & ,comm]ce ( ! ,h\se ( ,repres5tatives & ! ,committee on ,en]gy & ,natural ,res\rces ( ! ,s5ate a report t includes a description (-- 7#a7 ! te*nologies support$ by activities ( ! ,adm9i/ration2 & 7#b7 ! p]=mance ( ! ,adm9i/ration on meet+ ! goals develop$ by ! ,secret>y "u section #ajb4 7g7 ,audits by ! ,comptroll] ,g5]al 7#a7 ,9 g5]al ,! programs1 activities1 receipts1 exp5ditures1 & f9ancial transactions ( ! ,adm9i/ration %all be subject to audit by ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates "u su* rules & regulations z may be prescrib$ by ! ,comptroll] ,g5]al4 7#b7 ,access ,! repres5tatives ( ! ,gov]nm5t ,acc\ntability ,(fice %all-- 7,a7 h access to ! p]sonnel & to all books1 acc\nts1 docum5ts1 records 7includ+ electronic records71 reports1 files1 & all o!r pap]s1 automat$ data1 ?+s1 or prop]ty belong+ to1 "u ! control (1 or 9 use by ! ,adm9i/ration1 or any ag5t1 repres5tative1 attorney1 advisor1 or consultant reta9$ by ! ,adm9i/ration1 & necess>y to facilitate ! audit2 7,b7 be af=d$ full facilities = v]ify+ transactions ) ! balances or securities held by depositories1 fiscal ag5ts1 & cu/odians2 7,c7 be au?oriz$ to obta9 & duplicate any su* books1 acc\nts1 docum5ts1 records1 work+ pap]s1 automat$ data & files1 or o!r in=mation relevant to ! audit )\t co/ to ! ,comptroll] ,g5]al2 & 7,d7 h ! "r ( access ( ! ,comptroll] ,g5]al to su* in=mation "u section #gaf7;c7 ( title #ca1 ,unit$ ,/ates ,code4 7#c7 ,assi/ance & co/ 7,a7 ,9 g5]al ,= ! purpose ( conduct+ an audit "u ?is subsection1 ! ,comptroll] ,g5]al may1 9 ! discretion ( ! ,comptroll] ,g5]al1 employ by contract1 )\t reg>d to section #faja ( title #da1 ,unit$ ,/ates ,code1 pr(essional s]vices ( firms & organizations ( c]tifi$ public acc\ntants = tempor>y p]iods or = special purposes4 7,b7 ,reimbursem5t 7i7 ,9 g5]al ,on ! reque/ ( ! ,comptroll] ,g5]al1 ! ,adm9i/ration %all reimburse ! ,g5]al ,acc\ntability ,(fice = ! full co/ ( any audit conduct$ by ! ,comptroll] ,g5]al "u ?is subsection4 7ii7 ,cr$it+ ,su* reimbursem5ts %all-- 7,i7 be cr$it$ to ! appropriation acc\nt entitl$ ,sal>ies & ,exp5ses1 ,gov]nm5t ,acc\ntability ,(fice at ! "t at :i* ! paym5t is receiv$2 & 7,,ii7 rema9 available until exp5d$4 7h7 ,annual indep5d5t audits 7#a7 ,9 g5]al ,! ,adm9i/rator %all-- 7,a7 h an annual indep5d5t audit made ( ! f9ancial /atem5ts ( ! ,adm9i/ration by an indep5d5t public acc\ntant 9 accordance ) g5]ally accept$ audit+ /&>ds2 & 7,b7 submit to ! ,secret>y ! results ( ! audit4 7#b7 ,cont5t ,9 conduct+ an audit "u ?is subsection1 ! indep5d5t public acc\ntant %all det]m9e & report on :e!r ! f9ancial /atem5ts ( ! ,adm9i/ration-- 7,a7 are pres5t$ fairly 9 accordance ) g5]ally accept$ acc\nt+ pr9ciples2 & 7,b7 comply ) any disclosure requirem5ts impos$ "u ?is subtitle4 7i7 ,f9ancial reports 7#a7 ,9 g5]al ,! ,adm9i/rator %all submit to ! ,secret>y annual & qu>t]ly reports ( ! f9ancial condition & op]ations ( ! ,adm9i/ration1 :i* %all be 9 su* =m1 conta9 su* in=mation1 & be submitt$ on su* dates z ! ,secret>y %all require4 7#b7 ,cont5ts ( annual reports ,ea* annual report %all include-- 7,a7 f9ancial /atem5ts prep>$ 9 accordance ) g5]ally accept$ acc\nt+ pr9ciples2 7,b7 any supplem5tal in=mation or alt]native pres5tation t ! ,secret>y may require2 & 7,c7 an assessm5t 7z ( ! end ( ! mo/ rec5t fiscal ye> ( ! ,adm9i/ration71 sign$ by ! *ief executive (fic] & *ief acc\nt+ or f9ancial (fic] ( ! ,adm9i/ration1 (-- 7i7 ! effectiv5ess ( ! int]nal control /ructure & proc$ures ( ! ,adm9i/ration2 & 7ii7 ! compliance ( ! ,adm9i/ration ) applicable safety & s\ndness laws4 7#c7 ,special reports ,! ,secret>y may require ! ,adm9i/rator to submit o!r reports on ! condition 7includ+ f9ancial condition71 managem5t1 activities1 or op]ations ( ! ,adm9i/ration1 z ! ,secret>y consid]s appropriate4 7#d7 ,accuracy ,ea* report ( f9ancial condition %all conta9 a decl>ation by ! ,adm9i/rator or any o!r (fic] designat$ by ! ,bo>d ( ,directors ( ! ,adm9i/ration to make ! decl>ation1 t ! report is true & correct to ! be/ ( ! k & belief ( ! (fic]4 7#e7 ,availability ( reports ,reports requir$ "u ?is section %all be publi%$ & made publicly available z soon z is practicable aft] receipt by ! ,secret>y4 7j7 ,scope & t]m9ation ( au?ority 7#a7 ,new obligations ,! ,adm9i/rator %all n initiate any new obligations "u ?is subtitle on or aft] ,janu>y #a1 #bjci4 7#b7 ,rev]sion to ,secret>y ,! au?orities & obligations ( ! ,adm9i/ration %all rev]t to ! ,secret>y on ,janu>y #a1 #bjci4 ,b ,c>bon-,free ,te*nology ,innovation #aaa4 ,dem& effici5cy te*nology innovation 7a7 ,report to ,congress ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is section1 ! ,secret>y ( ,en]gy %all submit to ! ,committee on ,en]gy & ,comm]ce ( ! ,h\se ( ,repres5tatives & ! ,committee on ,en]gy & ,natural ,res\rces ( ! ,s5ate a report describ+-- 7#a7 recomm5dations = improv+ ! model+1 op]ational1 & plann+ practices us$ = ! bulk electric sy/em 9 ord] to bett] acc\nt = ! integration ( dem& effici5cy te*nologies & ensur+ increas$ resili5cy1 mitigat+ peak sy/em dem&1 & avoid+ or def]r+ transmission inve/m5ts2 & 7#b7 an assessm5t ( exi/+ regional & int]regional transmission plann+ & sit+ processes & :e!r su* processes are adequate ) respect to ! deploym5t ( dem& effici5cy te*nologies4 7b7 ,consultation ,! report "u subsection 7a7 may be produc$ 9 consultation & coord9ation ) ! ,national ,academy ( ,sci5ces4 7c7 ,def9ition ,9 ?is section1 ! t]m dem& effici5cy te*nologies includes-- 7#a7 advanc$ met]+ infra/ructure t records electricity use at def9$ int]vals1 rang+ f h\rly to real-"t & provides data to electric utilities & cu/om]s1 & :i* may include #b-way communications & in/antane\s data transmission2 7#b7 beh9d-!-met] sm>t devices ) aggregation & control capabilities1 :i* may include !rmo/ats1 heat pumps1 light+ controls1 electric vehicle *>g]s1 & o!r appliances t c be equipp$ ) communications & control capabilities2 7#c7 p[] fl[ control & voltage managem5t equipm5t & me?ods t all[ grid op]ators to adju/ remotely & 9 real "t ! am\nt ( electricity fl[+ & manage ! voltage on transmission l9es2 7#d7 dynamic l9e rat+ te*nologies & me?ods t c be us$ to det]m9e ! maximum p[] fl[ capacity & real-"t con/ra9ts & conditions on a transmission l9e2 & 7#e7 dynamic trans=m] rat+ te*nologies & me?ods t all[ electric companies & grid op]ators to und]/& ! real-"t op]at+ conditions ( trans=m]s4 #aab4 ,sup] hot rock geo!rmal en]gy te*nology innovation 7a7 ,demon/ration projects ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is section1 ! ,secret>y ( ,en]gy %all ent] into agreem5ts to c>ry out #a or m demon/ration projects ( sup] hot rock eng9e]$ geo!rmal en]gy sy/ems "u :i* wat] is inject$ into ! e>? at a dep? at :i* temp]atures exce$ #djj degrees ,celsius & wat] rea*es a sup]critical /ate4 7b7 ,report to ,congress ,n lat] ?an #c ye>s aft] ! date ( enactm5t ( ?is section1 ! ,secret>y ( ,en]gy %all submit a report to ,congress describ+-- 7#a7 ! demon/ration projects describ$ "u subsection 7a72 7#b7 ! result ( said demon/ration projects2 7#c7 an assessm5t ( ! pot5tial = utilization ( sup] hot rock geo!rmal en]gy2 & 7#d7 a recomm5dation ( next /eps to explore ! pot5tial = ! utilization ( sup] hot rock geo!rmal en]gy4 7c7 ,au?orization ( appropriations ,!re are au?oriz$ to be appropriat$ to ! ,secret>y ( ,en]gy to c>ry out ?is section #gj1jjj1jjj p] fiscal ye> = ea* ( ! #e fiscal ye>s beg9n+ aft] ! date ( enactm5t ( ?is section4 #aac4 ,z]o c>bon fuel te*nology innovation 7a7 ,consortia ,! ,secret>y ( ,en]gy %all e/abli% #a or m consortia to conduct rese>* & developm5t 9 ord] to facilitate ! l>ge-scale comm]cial manufacture ( effici5t1 l[-co/1 durable devices t use electricity to split wat] into hydrog5 & oxyg54 ,activities conduct$ "u ?is section %all focus on mat]ials & compon5t integration & manufactur+1 & may include-- 7#a7 cell model+ & *>act]ization2 7#b7 scale-up & integration /udies2 & 7#c7 membrane /udies4 7b7 ,report to ,congress ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is section1 ! ,secret>y ( ,en]gy %all provide a report to ! ,committee on ,en]gy & ,comm]ce ( ! ,h\se ( ,repres5tatives & ! ,committee on ,en]gy & ,natural ,res\rces ( ! ,s5ate t %all include-- 7#a7 an inv5tory ( exi/+ pipel9e assets 9 ! ,unit$ ,/ates1 includ+ a description ( ! mat]ials us$ 9 & ! quality ( ! pipel9e networks2 7#b7 an assessm5t ( ! capacity ( pipel9e networks to transport hydrog5 & hydrog5 c>ri]s2 7#c7 an assessm5t ( ! probability t embrittlem5t c\ld occur )9 pipel9es ( ! type & quality id5tifi$ "u p>agraph 7#a7 & an id5tification ( ! me?odologies us$ 9 ord] to conduct su* assessm5ts2 7#d7 an assessm5t ( ! co/ ( pipel9e inlay ) a range ( mat]ials to all[ = ! transportation ( hydrog5 & hydrog5 c>ri]s2 7#e7 an id5tification ( pot5tial high-risk areas )9 exi/+ infra/ructure t des]ve special att5tion ) respect to safety & reliability2 & 7#f7 a safety protocol = assess+ pipel9e mat]ials & sy/em pressures 9 exi/+ natural gas pipel9e sy/ems to det]m9e _! ability to safely di/ribute bl5ds ( natural gas & hydrog5 & ! pot5tial = pipel9e embrittlem5t1 & su* a protocol may include guidel9es = conduct+ r\t9e pipel9e ma9t5ance & inspection4 7c7 ,au?orization ( appropriations ,!re are au?oriz$ to be appropriat$ to ! ,secret>y ( ,en]gy to c>ry out ?is section #aj1jjj1jjj p] fiscal ye> = ea* ( ! #e fiscal ye>s beg9n+ aft] ! date ( enactm5t ( ?is section4 #aad4 ,advanc$ nucle> reactor innovation 7a7 ,national ,reactor ,innovation ,c5t] 7#a7 ,section #ieh7;a7 ( ! ,en]gy ,policy ,act ( #bjje 7#db ,u4,s4,c4 #afbgh7;a77 is am5d$ by /rik+ to be propos$ & fund$1 9 :ole or 9 "p1 by ! private sector4 7#b7 ,section #ieh ( ! ,en]gy ,policy ,act ( #bjje 7#db ,u4,s4,c4 #afbgh7 is am5d$ by add+ at ! end ! foll[+3 7h7 ,au?orization ( appropriations ,!re are au?oriz$ to be appropriat$ to ! ,secret>y to c>ry out ?is section #dj1jjj1jjj = ea* ( fiscal ye>s #bjbc ?r\gh #bjbg4 4 7b7 ,advanc$ reactor demon/ration program 7#a7 ,section #iei;,a7c7 ( ! ,en]gy ,policy ,act ( #bjje 7#db ,u4,s4,c4 #afbgi;a7c77 is am5d$-- 7,a7 9 p>agraph 7#i77;,c71 by /rik+ & at ! end2 7,b7 9 p>agraph 7#aj77;,f71 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7,c7 by add+ ! foll[+3 7#aa7 c>ry out n less ?an f\r demon/ration projects ( any giv5 reactor configuration involv+ new or significantly improv$ equipm5t1 process1 or production me?od4 4 7#b7 ,section #iei;,a ( ! ,en]gy ,policy ,act ( #bjje 7#db ,u4,s4,c4 #afbgi;a7 is am5d$ by /rik+ subsection 7f7 & ins]t+ ! foll[+3 7f7 ,au?orization ( appropriations ,!re are au?oriz$ to be appropriat$ to ! ,secret>y to c>ry out ! program "u ?is subsection1 #a1ejj1jjj1jjj = ea* ( fiscal ye>s #bjbc ?r\gh #bjbg4 4 #aae4 ,national (f%ore w9d en]gy goal ,x %all be a goal ( ! ,unit$ ,/ates to deploy-- 7#a7 #ab4e gigawatts ( (f%ore w9d en]gy by ,janu>y #a1 #bjbe2 & 7#b7 #cj gigawatts ( (f%ore w9d en]gy by ,janu>y #a1 #bjcj4 ,,ii ,z]o-,emission ,electricity ,/&>d #bjj4 ,purpose ,! purpose ( ?is title is to a*ieve #ajj p]c5t net z]o-emission electricity betwe5 #bjce & #bjej1 dep5d+ on ! availability ( te*nology4 ,a ,z]o-,emission ,electricity ,/&>d #bja4 ,def9itions ,9 ?is subtitle3 7#a7 ,adm9i/rator ,! t]m ,adm9i/rator means ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy4 7#b7 ,affiliate ,! t]m affiliate has ! mean+ giv5 su* t]m 9 section #abfb ( ! ,en]gy ,policy ,act ( #bjje 7#db ,u4,s4,c4 #afdea74 7#c7 ,associate company ,! t]m associate company has ! mean+ giv5 su* t]m 9 section #abfb ( ! ,en]gy ,policy ,act ( #bjje 7#db ,u4,s4,c4 #afdea74 7#d7 ,beh9d-!-met] g5]ation sy/em ,! t]m beh9d-!-met] g5]ation sy/em means a sy/em ( g5]ation ( electric en]gy t op]ates on ! electric consum] side ( ! applicable utility met]4 7#e7 ,b5eficial electrification-relat$ r$uction ,! t]m b5eficial electrification-relat$ r$uction means ! net r$uction ( ! aggregate gre5h\se gas emissions attributable to a retail electricity suppli] & an electric consum] z ! result ( ! replacem5t ( a nonelectric en]gy s\rce us$ by ! electric consum] ) electric en]gy provid$ by ! retail electricity suppli]1 includ+ = ! purpose ( transportation1 space heat+1 wat] heat+1 or indu/rial processes4 7#f7 ,c>bon dioxide equival5t ,! t]m c>bon dioxide equival5t means ! numb] ( metric tons ( c>bon dioxide emissions ) ! same global w>m+ pot5tial ov] a #bj-ye> p]iod z #a metric ton ( ano!r gre5h\se gas1 includ+1 9 det]m9+ su* global w>m+ pot5tial-- 7,a7 ! effects ( climate-c>bon fe$backs = bo? c>bon dioxide & ! o!r gre5h\se gas1 z det]m9$ 9 accordance ) ! ,fif? ,assessm5t ,report ( ! ,int]gov]nm5tal ,panel on ,climate ,*ange2 & 7,b7 = me?ane1 ! effect ( c>bon dioxide result+ f me?ane oxidation 9 ! atmosph]e4 7#g7 ,c>bon int5sity ,! t]m c>bon int5sity means ! c>bon dioxide equival5t emissions associat$ ) ! g5]ation ( #a megawatt-h\r ( electric en]gy1 z det]m9$ by ! ,adm9i/rator "u section #bjd4 7#h7 ,electric consum] ,! t]m electric consum] has ! mean+ giv5 su* t]m 9 section #c ( ! ,public ,utility ,regulatory ,policies ,act ( #aigh 7#af ,u4,s4,c4 #bfjb74 7#i7 ,f$]al ,p[] ,m>ket+ ,adm9i/ration ,! t]m ,f$]al ,p[] ,m>ket+ ,adm9i/ration means ! ,bonneville ,p[] ,adm9i/ration1 ! ,s\!a/]n ,p[] ,adm9i/ration1 ! ,s\?we/]n ,p[] ,adm9i/ration1 or ! ,we/]n ,area ,p[] ,adm9i/ration4 7#aj7 ,g5]at+ unit ,! t]m g5]at+ unit means a unit or sy/em ( units t-- 7,a7 g5]ates electric en]gy t is consum$ 9 ! ,unit$ ,/ates2 7,b7 g5]ates n few] ?an #bj megawatt-h\rs ( electric en]gy p] cal5d> ye>2 & 7,c7 7i7 deliv]s electric en]gy to ! electric grid2 or 7ii7 9 ! case ( a beh9d-!-met] g5]ation sy/em-- 7,i7 deliv]s electric en]gy to ! electric grid2 or 7,,ii7 g5]ates electric en]gy t is consum$ onsite = a useful purpose o!r ?an = g5]at+ electric en]gy4 7#aa7 ,g5]ator ,! t]m g5]ator means ! own] or op]ator ( a g5]at+ unit4 7#ab7 ,gre5h\se gas ,! t]m gre5h\se gas includes ea* ( ! foll[+3 7,a7 ,c>bon dioxide4 7,b7 ,me?ane4 7,c7 ,nitr\s oxide4 7,d7 ,sulfur hexafluoride4 7,e7 ,any hydr(luoroc>bon4 7,f7 ,any p]fluoroc>bon4 7,g7 ,nitrog5 trifluoride4 7,h7 ,any fully fluor9at$ l9e>1 bran*$1 or cyclic-- 7i7 alkane2 7ii7 e!r2 7iii7 t]ti>y am9e2 or 7iv7 am9oe!r4 7,i7 ,any p]fluoropolye!r4 7,j7 ,any hydr(luoropolye!r4 7,k7 ,any o!r fluoroc>bon1 except = a fluoroc>bon ) a vapor pressure ( less ?an #a mm ( ,hg absolute at #be degrees ,celsius4 7#ac7 ,qualifi$ comb9$ heat & p[] sy/em ,! t]m qualifi$ comb9$ heat & p[] sy/em means a sy/em t-- 7,a7 uses ! same en]gy s\rce = ! simultane\s or sequ5tial g5]ation ( electric en]gy & !rmal en]gy2 7,b7 produces at lea/-- 7i7 #bj p]c5t ( ! useful en]gy ( ! sy/em 9 ! =m ( electric en]gy2 & 7ii7 #bj p]c5t ( ! useful en]gy ( ! sy/em 9 ! =m ( useful !rmal en]gy2 7,c7 to ! ext5t t ! sy/em uses biomass1 uses only qualifi$ r5ewable biomass2 & 7,d7 op]ates ) an en]gy effici5cy p]c5tage1 z det]m9$ 9 accordance ) section #dh7;c77#c77;,c77i7 ( ! ,int]nal ,rev5ue ,code ( #aihf1 ( great] ?an #fj p]c5t on a ye>-r\nd basis4 7#ad7 ,qualifi$ electricity g5]ation 7,a7 ,9 g5]al ,! t]m qualifi$ electricity g5]ation means ! numb] ( megawatt-h\rs ( electric en]gy t a g5]ator g5]ates us+ a g5]at+ unit &-- 7i7 sells directly or indirectly = use by electric consum]s = purposes o!r ?an resale2 or 7ii7 t is consum$ onsite = a useful purpose o!r ?an = g5]at+ electric en]gy4 7,b7 ,affiliate sales ,= purposes ( calculat+ ! quantity ( electric en]gy sold by a retail electricity suppli] "u ?is p>agraph1 ! quantity ( electric en]gy sold-- 7i7 by an affiliate ( ! retail electricity suppli]1 or an associate company ( ! retail electricity suppli]1 to an electric consum] 7o!r ?an to a lessee or t5ant ( ! affiliate or associate company7 %all be treat$ z sold by ! retail electricity suppli]2 & 7ii7 by su* retail electricity suppli] to an affiliate1 lessee1 or t5ant ( ! retail electricity suppli] %all n be consid]$ to be a sale to an electric consum]4 7#ae7 ,qualifi$ l[-c>bon fuel 7,a7 ,9 g5]al ,! t]m qualifi$ l[-c>bon fuel means a fuel t-- 7i7 is produc$ ?r\gh any process t significantly limits or avoids gre5h\se gas emissions2 & 7ii7 does n release gre5h\se gas emissions dur+ combu/ion4 7,b7 ,inclusion ,! t]m qualifi$ l[-c>bon fuel includes1 subject to subp>agraph 7,a7-- 7i7 ammonia2 & 7ii7 hydrog54 7#af7 ,qualifi$ r5ewable biomass 7,a7 ,9 g5]al ,! t]m qualifi$ r5ewable biomass means-- 7i7 any crop byproduct1 or crop residue1 h>ve/$ f actively manag$1 or fall[1 agricultural non=e/$ l& t 0 cle>$ be=e ,janu>y #a1 #bjba1 if ! h>ve/+ ( ! byproduct or residue does n lead to a net decl9e 9 soil organic matt] = ! applicable l&2 7ii7 any cellulose1 hemicellulose1 or lign9 t is d]iv$ f a woody or nonwoody plant t is plant$ = clos$-loop biomass1 z def9$ 9 section #de7;c77#b7 ( ! ,int]nal ,rev5ue ,code ( #aihf1 on l& t 01 z ( ,janu>y #a1 #bjba-- 7,i7 actively manag$ cropl& or fall[ & non=e/$ cropl&1 z def9$ by ! ,dep>tm5t ( ,agriculture2 7,,ii7 a br[nfield site 7z def9$ 9 section #aja7ci7 ( ! ,compreh5sive ,environm5tal ,response1 ,comp5sation1 & ,liability ,act ( #aihj 7#db ,u4,s4,c4 #ifja7ci7772 or 7,,iii7 an ab&on$ m9e site2 7iii7 nonhaz>d\s algal or o!r micro-crop matt]2 7iv7 wa/e-- 7,i7 t is burn$ 9 a qualifi$ comb9$ heat & p[] sy/em2 & 7,,ii7 t is-- 7aa7 a gas t is prim>ily compos$ ( me?ane1 & t has be5 g5]at$ entirely f ! decomposition ( organic matt]1 includ+ sewage1 food wa/e1 animal wa/e1 & agricultural wa/e2 7bb7 nonhaz>d\s l&scape or "r-(-way trimm+s2 7cc7 vegetative matt] remov$ f an area locat$ n m ?an #bjj y>ds f a build+1 resid5ce1 or campgr\nd = ! purpose ( protect+ /ructures f wildfire2 7dd7 any byproduct ( a wood mill or pap] mill op]ation1 includ+ lign9 9 sp5t pulp+ liquors1 t is demon/rat$ to o!rwise be burn$ = en]gy onsite2 7ee7 plant mat]ial remov$ = ! purposes ( invasive or noxi\s plant species control2 or 7ff7 d[n$ wood f extreme wea!r ev5ts2 & 7v7 food wa/e4 7,b7 ,limit ( inclusion ( invasive species ,except z provid$ 9 subp>agraph 7,a77iv77,,ii77ee71 ! t]m qualifi$ r5ewable biomass does n include any matt] t ! ,secret>y ( ,agriculture1 9 consultation ) o!r ,f$]al or ,/ate dep>tm5ts & ag5cies ! ,secret>y det]m9es appropriate1 det]m9es is d]iv$ f-- 7i7 a plant t is invasive or noxi\s2 or 7ii7 a species or v>ieties ( plants t are pot5tially invasive4 7,c7 ,ov]sight ,! ,adm9i/rator %all consult ) ! ,*iefs ( ! ,unit$ ,/ates ,=e/ ,s]vice1 ! ,fi% & ,wildlife ,s]vice1 & ! ,natural ,res\rces ,cons]vation ,s]vice 9 implem5t+ subp>agraphs 7,a7 & 7,b74 7,d7 ,emissions ,! t]m qualifi$ r5ewable biomass does n include any biomass ! process+ or combu/ion ( :i* results 9 emissions (-- 7i7 an air pollutant = :i* air quality crit]ia has be5 issu$ "u section #ajh ( ! ,clean ,air ,act 7#db ,u4,s4,c4 #gdjh72 or 7ii7 a haz>d\s air pollutant 7z def9$ 9 section #aab ( ! ,clean ,air ,act 7#db ,u4,s4,c4 #gdab7;b7774 7#ag7 ,qualifi$ wa/e-to-en]gy ,! t]m qualifi$ wa/e-to-en]gy means electric en]gy g5]at$-- 7,a7 f ! combu/ion (-- 7i7 po/-recycl$ municipal solid wa/e1 provid$ su* combu/ion does n result 9 emissions (-- 7,i7 an air pollutant = :i* air quality crit]ia has be5 issu$ "u section #ajh ( ! ,clean ,air ,act 7#db ,u4,s4,c4 #gdjh72 or 7,,ii7 a haz>d\s air pollutant 7z def9$ 9 section #aab ( ! ,clean ,air ,act 7#db ,u4,s4,c4 #gdab772 7ii7 gas produc$ f ! gasification or pyrolization ( po/-recycl$ municipal solid wa/e2 7iii7 wa/e describ$ 9 p>agraph 7#af77;,a77iv77,,ii72 7iv7 o!r animal wa/e or animal byproducts2 7v7 food wa/e2 7vi7 a gas t is prim>ily compos$ ( me?ane1 & t has be5 g5]at$ entirely f ! decomposition ( organic matt]1 includ+ sewage1 food wa/e1 animal wa/e1 & agricultural wa/e2 or 7vii7 if div]t$ f or sep>at$ f o!r wa/e out ( a municipal wa/e /ream-- 7,i7 pap] products t are n commonly recyclable2 7,,ii7 solid-wood y>d wa/e1 pallets1 or crates2 or 7,,iii7 manufactur+ & con/ruction debris2 & 7,b7 at a facility t ! ,adm9i/rator has c]tifi$1 )9 ! pa/ #c ye>s1 is 9 compliance ) all applicable ,f$]al & ,/ate environm5tal p]mits4 7#ah7 ,retail electricity suppli] ,! t]m retail electricity suppli]1 z det]m9$ = ea* cal5d> ye>1 means an entity 9 ! ,unit$ ,/ates t sold n few] ?an #bj megawatt-h\rs ( electric en]gy to electric consum]s = purposes o!r ?an resale dur+ ! prec$+ cal5d> ye>4 7#ai7 ,sale ,! t]m sale1 :5 us$ ) respect to electric en]gy1 has ! mean+ giv5 su* t]m 9 section #c7ac7 ( ! ,public ,utility ,regulatory ,policies ,act ( #aigh 7#af ,u4,s4,c4 #bfjb7ac774 7#bj7 ,/ate ,except z o!rwise provid$ 9 ?is title1 ! t]m ,/ate means a ,/ate ( ! ,unit$ ,/ates & any di/rict1 commonweal?1 t]ritory1 or possession ( ! ,unit$ ,/ates4 7#ba7 ,z]o-emission electricity ,! t]m z]o-emission electricity means ! am\nt1 9 megawatt-h\rs1 ( electric en]gy g5]at$ by a g5]at+ unit t is n associat$ ) ! release ( gre5h\se gases into ! atmosph]e1 z calculat$ by multiply+-- 7,a7 ! qualifi$ electricity g5]ation ( ! g5]at+ unit2 by 7,b7 ! numb] t equals-- 7i7 #a4j2 less 7ii7 ! quoti5t obta9$ by divid+-- 7,i7 ! c>bon int5sity ( ! g5]at+ unit2 by 7,,ii7 #j4hb4 7#bb7 ,z]o-emission electricity cr$it ,! t]m z]o-emission electricity cr$it means a cr$it issu$ pursuant to section #bjd4 #bjb4 ,z]o-emission electricity requirem5t 7a7 ,z]o-,emission electricity requirem5t 7#a7 ,cr$it submission requirem5t 7,a7 ,9 g5]al ,except z o!rwise provid$ 9 ?is section1 effective beg9n+ ) cal5d> ye> #bjbc1 = ea* cal5d> ye>1 n lat] ?an ,june #a ( ! foll[+ cal5d> ye>1 ea* retail electricity suppli] %all submit to ! ,adm9i/rator a quantity ( z]o-emission electricity cr$its t is equal to-- 7i7 = ea* ( cal5d> ye>s #bjbc & #bjbd1 ! quantity ( z]o-emission electricity cr$its det]m9$ "u p>agraph 7#c7 = ! retail electricity suppli] = su* cal5d> ye>2 & 7ii7 = cal5d> ye> #bjbe & ea* cal5d> ye> !reaft]1 ! av]age ( ! quantity ( z]o-emission electricity cr$its det]m9$ "u p>agraph 7#c7 = ! retail electricity suppli] = su* cal5d> ye> & ! two prior cal5d> ye>s4 7,b7 ,acc\nt+ = und]compliance due to en]gy loss ,not)/&+ subp>agraph 7,a77ii71 beg9n+ 9 #bjce1 & = ea* cal5d> ye> !reaft]1 if ! p]c5tage ( national und]compliance due to en]gy loss is great] ?an #a = ! cal5d> ye>1 a retail electricity suppli] t has a p]c5tage ( individual und]compliance due to en]gy loss t is great] ?an #a = ! cal5d> ye> %all submit to ! ,adm9i/rator a quantity ( z]o-emission electricity cr$its t is equal to ! numb] obta9$ by divid+-- 7i7 ! quantity ( z]o-emission electricity cr$its describ$ 9 subp>agraph 7,a77ii72 by 7ii7 ! numb] t equals #a m9us-- 7,i7 ! p]c5tage ( national und]compliance due to en]gy loss = ! cal5d> ye>2 divid$ by 7,,ii7 #ajj4 7#b7 ,volunt>y assignm5t ( compliance obligation by public p[] utilities & electric coop]atives ,any retail electricity suppli] t is an electric coop]ative1 a ,/ate1 or any political subdivision ( a ,/ate1 may elect to ent] into an agreem5t ) a political subdivision ( a ,/ate1 an electric coop]ative t has an obligation to s]ve su* retail electricity suppli]1 or a g5]ator1 to assign any report+ or compliance obligation "u ?is title to su* o!r political subdivision ( a ,/ate1 electric coop]ative1 or g5]ator4 ,an assignm5t made "u ?is p>agraph %all be e/abli%$ ?r\gh a b9d+ agreem5t execut$ among ! relevant p>ties4 7#c7 ,quantity ( z]o-emission electricity cr$its 7,a7 ,9 g5]al ,= ea* cal5d> ye>1 ! ,adm9i/rator %all det]m9e a quantity ( z]o-emission electricity cr$its = a retail electricity suppli] t is equal to ! product obta9$ by multiply+-- 7i7 ! total quantity ( electric en]gy1 9 megawatt-h\rs1 consum$ by electric consum]s ( ! retail electricity suppli] dur+ ! cal5d> ye>1 t is provid$ by ! retail electricity suppli] or by a beh9d-!-met] g5]ation sy/em1 z report$ "u subsection 7b72 by 7ii7 ! m9imum p]c5tage ( z]o-emission electricity = ! cal5d> ye>4 7,b7 ,d$uction = b5eficial electrification 7i7 ,d$uction ,to acc\nt = b5eficial electrification1 9 calculat+ ! total quantity ( electric en]gy consum$ by electric consum]s ( a retail electricity suppli] "u subp>agraph 7,a77i71 ! ,adm9i/rator %all d$uct a quantity1 9 megawatt-h\rs1 det]m9$ 9 accordance ) clause 7ii74 7ii7 ,det]m9ation ,! ,adm9i/rator %all make a det]m9ation ( ! quantity ( electric en]gy1 9 megawatt-h\rs1 associat$ ) b5eficial electrification-relat$ r$uctions = a retail electricity suppli] = a cal5d> ye>4 ,su* det]m9ation %all be made on ! basis (-- 7,i7 ! c>bon int5sity ( ! electric en]gy sold by ! retail electricity suppli] t results 9 su* b5eficial electrification-relat$ r$uctions2 & 7,,ii7 ! gre5h\se gas emissions ( nonelectric en]gy s\rces t 7 replac$ ) electric en]gy provid$ by ! retail electricity suppli] :i* results 9 su* b5eficial electrification-relat$ r$uctions4 7iii7 ,phase-out ( d$uction ,9 det]m9+ ! quantity ( electric en]gy to d$uct "u clause 7ii71 ! ,adm9i/rator %all ensure t ! d$uction is r$uc$ to z]o at ! same rate t ! m9imum p]c5tage ( z]o-emission electricity increases to #ajj p]c5t4 7,c7 ,sy/em support res\rce ,= any cal5d> ye> 9 :i* a g5]at+ unit t is own$ by a retail electricity suppli] has be5 designat$ a ,sy/em ,support ,res\rce by ! ,f$]al ,en]gy ,regulatory ,commission & is !reby requir$1 by an ,indep5d5t ,sy/em ,op]ator or ,regional ,transmission ,organization1 or "u a ,/ate-regulat$ res\rce plann+ process1 to rema9 9 op]ation because retirem5t ( ! g5]at+ unit w\ld h>m ! reliability ( ! electric en]gy transmission sy/em1 9 calculat+ ! total quantity ( electric en]gy consum$ by electric consum]s ( ! retail electricity suppli] "u subp>agraph 7,a77i71 ! ,adm9i/rator %all d$uct ! quantity ( megawatt-h\rs ( electricity g5]at$ by su* g5]at+ unit dur+ su* cal5d> ye>4 7#d7 ,av]age cr$it prices ,= ea* cal5d> ye>1 ! ,adm9i/rator %all-- 7,a7 analyze ! m>ket = z]o-emission electricity cr$its 9 ord] to det]m9e ! av]age annual price ( z]o-emission electricity cr$its = ! cal5d> ye>2 7,b7 det]m9e :e!r ! av]age annual price ( a z]o-emission electricity cr$it det]m9$ "u subp>agraph 7,a7 is less ?an ! break?r\gh cr$it price "u p>agraph 7#f7 = ! cal5d> ye>2 & 7,c7 publi% ! det]m9ations made "u subp>agraphs 7,a7 & 7,b7 by n lat] ?an ,janu>y #ca ( ! ye> foll[+ ! cal5d> ye>4 7#e7 ,def9itions ,9 ?is subsection3 7,a7 ,annual p]c5tage increase 7i7 ,9 g5]al ,except z provid$ 9 clause 7ii71 ! t]m annual p]c5tage increase means1 ) respect to a retail electricity suppli]1 ! product obta9$ by multiply+-- 7,i7 ! diff]5ce betwe5 #ajj p]c5t & ! basel9e z]o-emission electricity p]c5tage2 by-- 7,,ii7 #a_/bg4 7ii7 ,accel]at$ annual p]c5tage increase ,not)/&+ clause 7i71 beg9n+ ) cal5d> ye> #bjbf1 if ! ,adm9i/rator det]m9es "u p>agraph 7#d7 t ! av]age annual price ( a z]o-emission electricity cr$it = ea* ( ! #c or m cal5d> ye>s prior to a cal5d> ye> 79 ?is clause ref]r$ to z ! applicable cal5d> ye>7 is less ?an ! break?r\gh cr$it price = ! applicable cal5d> ye>1 ! t]m annual p]c5tage increase means1 = ! #a cal5d> ye> t beg9s #d ye>s aft] ! end ( ! applicable cal5d> ye>1 ! p]c5tage t is-- 7,i7 twice ! p]c5tage describ$ 9 clause 7i7 if ! p]iod ( break?r\gh cr$it prices is #c consecutive cal5d> ye>s2 7,,ii7 ?ree times ! p]c5tage describ$ 9 clause 7i7 if ! p]iod ( break?r\gh cr$it prices is #d consecutive cal5d> ye>s2 7,,iii7 f\r times ! p]c5tage describ$ 9 clause 7i7 if ! p]iod ( break?r\gh cr$it prices is #e consecutive cal5d> ye>s2 7,,iv7 five times ! p]c5tage describ$ 9 clause 7i7 if ! p]iod ( break?r\gh cr$it prices is #f consecutive cal5d> ye>s2 & 7,v7 six times ! p]c5tage describ$ 9 clause 7i7 if ! p]iod ( break?r\gh cr$it prices is #g consecutive cal5d> ye>s4 7,b7 ,basel9e z]o-emission electricity p]c5tage 7i7 ,9 g5]al ,! t]m basel9e z]o-emission electricity p]c5tage means1 ) respect to a retail electricity suppli]1 ! av]age p]c5tage ( ! electric en]gy consum$ by all electric consum]s ( ! retail electricity suppli] t is z]o-emission electricity dur+ cal5d> ye>s #bjag1 #bjah1 & #bjai4 7ii7 ,election ,= any retail electricity suppli] s]v$ by an ,indep5d5t ,sy/em ,op]ator or a ,regional ,transmission ,organization1 or p>ticipat+ 9 a jo9t unit commitm5t & c5traliz$ economic dispat* sy/em regulat$ by ! ,f$]al ,en]gy ,regulatory ,commission1 ! retail electricity suppli] may elect to set its basel9e z]o-emission electricity p]c5tage "u clause 7i7 on ! basis ( ! z]o-emission electricity & electric en]gy consum$ by ei!r-- 7,i7 all electric consum]s ( ! retail electricity suppli]2 or 7,,ii7 all electric consum]s s]v$ by ! ,indep5d5t ,sy/em ,op]ator1 ,regional ,transmission ,organization1 or ! applicable jo9t unit commitm5t & c5traliz$ economic dispat* sy/em t s]ves ! retail electricity suppli]4 7iii7 ,notification ( election ,a retail electricity suppli] %all in=m ! ,adm9i/rator ( its election "u clause 7ii7 n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act4 7,c7 ,break?r\gh cr$it price ,! t]m break?r\gh cr$it price means1 = a cal5d> ye>1 ! price li/$ 9 ! table "u p>agraph 7#f7 label$ break?r\gh cr$it price4 7,d7 ,m9imum p]c5tage ( z]o-emission electricity ,! t]m m9imum p]c5tage ( z]o-emission electricity means1 ) respect to a retail electricity suppli]-- 7i7 = ea* ( cal5d> ye>s #bjbc & #bjbd1 ! basel9e z]o-emission electricity p]c5tage2 7ii7 = ea* ( cal5d> ye>s #bjbe ?r\gh #bjej1 ! am\nt1 n to exce$ #ajj p]c5t1 obta9$ by add+-- 7,i7 ! m9imum p]c5tage ( z]o-emission electricity = ! previ\s cal5d> ye>2 & 7,,ii7 ! annual p]c5tage increase2 & 7iii7 = ea* cal5d> ye> aft] #bjej1 #ajj p]c5t4 7,e7 ,p]c5tage ( individual und]compliance due to en]gy loss ,! t]m p]c5tage ( individual und]compliance due to en]gy loss means1 ) respect to a cal5d> ye>1 = a retail electricity suppli]1 ! numb] t is equal to-- 7i7 #ajj2 multipli$ by 7ii7 ! numb] t is equal to-- 7,i7 ! numb] t is obta9$ by divid+-- 7aa7 ! numb] ( z]o-emission electricity cr$its t ! retail electricity suppli] w\ld be requir$ to submit to ! ,adm9i/rator b = p>agraph 7#a77;,b72 by 7bb7 ! numb] ( megawatt-h\rs ( electric en]gy sold by ! retail electricity suppli] to electric consum]s2 less 7,,ii7 ! numb] t is obta9$ by divid+-- 7aa7 ! numb] ( z]o-emission electricity cr$its aw>d$ by ! ,adm9i/rator to g5]ators = ! electric en]gy t is sold by ! retail electricity suppli] to electric consum]s2 by 7bb7 ! numb] ( megawatt-h\rs ( electric en]gy g5]at$ by ! g5]ators t is provid$ to ! retail electricity suppli] = sale to electric consum]s4 7,f7 ,p]c5tage ( national und]compliance due to en]gy loss ,! t]m p]c5tage ( national und]compliance due to en]gy loss means1 ) respect to a cal5d> ye>1 ! numb] t is equal to-- 7i7 #ajj2 multipli$ by 7ii7 ! numb] t is equal to-- 7,i7 ! numb] t is obta9$ by divid+-- 7aa7 ! total numb] ( z]o-emission electricity cr$its t all retail electricity suppli]s w\ld be requir$ to submit b = p>agraph 7#a77;,b72 by 7bb7 ! total numb] ( megawatt-h\rs ( electric en]gy sold by retail electricity suppli]s to electric consum]s2 less 7,,ii7 ! numb] t is obta9$ by divid+-- 7aa7 ! total numb] ( z]o-emission electricity cr$its aw>d$ by ! ,adm9i/rator to all g5]ators2 by 7bb7 ! total numb] ( megawatt-h\rs ( electric en]gy g5]at$ by all g5]ators4 7,g7 ,p]iod ( break?r\gh cr$it prices ,! t]m p]iod ( break?r\gh cr$it prices means ! numb] ( consecutive cal5d> ye>s = :i* ! av]age annual price ( a z]o-emission electricity cr$it is less ?an ! break?r\gh cr$it price = ea* su* ye>1 z det]m9$ by ! ,adm9i/rator "u p>agraph 7#d74 7#f7 ,alt]native compliance paym5ts2 break?r\gh cr$it prices ,= a cal5d> ye>1 am\nts ( alt]native compliance paym5ts & break?r\gh cr$it prices are z foll[s3 ,cal5d> year,breakthrough ,cr$it ,price,alternativecompliancepayment #bjbcaj4geba4ej #bjbdaa4ejbc4jj #bjbeab4bebd4ej #bjbfac4jjbf4jj #bjbgac4gebg4ej #bjbhad4ejbi4jj #bjbiae4becj4ej #bjcjaf4jjcb4jj #bjcaaf4gecc4ej #bjcbag4ejce4jj #bjccah4becf4ej #bjcdai4jjch4jj #bjceai4geci4ej #bjcfbj4ejda4jj #bjcgba4bedb4ej #bjchbb4jjdd4jj #bjcibb4gede4ej #bjdjbc4ejdg4jj #bjdabd4bedh4ej #bjdbbe4jjej4jj #bjdcbe4geea4ej #bjddbf4ejec4jj #bjdebg4beed4ej #bjdfbh4jjef4jj #bjdgbh4geeg4ej #bjdhbi4ejei4jj #bjdicj4befj4ej #bjej & ea* cal5d> ye> !reaft]#ca4jjfb4jj4 7b7 ,report+ on beh9d-!-,met] g5]ation sy/ems ,effective beg9n+ 9 cal5d> ye> #bjbc1 ea* retail electricity suppli] s]v+ "o or m beh9d-!-met] g5]ation sy/ems may1 n lat] ?an ,janu>y #a ( ea* cal5d> ye>1 submit to ! ,adm9i/rator-- 7#a7 v]ification ( ! c>bon int5sity ( beh9d-!-met] g5]ation sy/ems connect$ to ! retail electricity suppli]2 & 7#b7 ! quantity ( electric en]gy g5]at$ by ea* su* beh9d-!-met] g5]ation sy/em t is consum$ = a useful purpose by electric consum]s s]v$ by ! retail electricity suppli]4 7c7 ,alt]native compliance paym5ts ,a retail electricity suppli] may satisfy ! requirem5ts ( subsection 7a7 ) respect to a cal5d> ye>1 9 :ole or 9 "p1 by submitt+ to ! ,adm9i/rator1 9 lieu ( ea* z]o-emission electricity cr$it t w\ld o!rwise be due1 an alt]native compliance paym5t equal to ! am\nt det]m9$ = su* cal5d> ye> 9 accordance ) ! table 9 subsection 7a77#f71 adju/$ = inflation4 7d7 ,det]m9ation ( inadequate availability ( z]o-,emission electricity te*nology 7#a7 ,petition = det]m9ation ,a retail electricity suppli] 7ref]r$ to 9 ?is subsection z ! petition]7 may submit to ! ,adm9i/rator a petition = ! ,adm9i/rator to make a det]m9ation ( inadequate availability ( te*nology relat+ to z]o-emission electricity ) respect to a cal5d> ye>4 7#b7 ,conditions ,! ,adm9i/rator %all make an affirmative det]m9ation "u p>agraph 7#a7 7ref]r$ to 9 ?is title z a det]m9ation ( inadequate availability ( te*nology7 = a cal5d> ye> only if-- 7,a7 a petition is submitt$ to ! ,adm9i/rator by ,janu>y #ca ( ! foll[+ cal5d> ye>2 7,b7 ! av]age annual price ( z]o-emission electricity cr$its is equal to or great] ?an ! alt]native compliance paym5t "u subsection 7a77#f7 = su* cal5d> ye>2 7,c7 ! ,adm9i/rator det]m9es ! numb] ( megawatt-h\rs ( z]o-emission electricity t c\ld h be5 g5]at$ or pur*as$ by ! petition] us+ te*nology t 0 available dur+ ! "t int]val address$ by ! petition-- 7i7 at or bel[ ! co/ p] megawatt-h\r ( ! te*nology us$ to g5]ate ! electricity sold by ! petition] 9 ! previ\s cal5d> ye>2 & 7ii7 :ile enabl+ ! petition] to op]ate its sy/em at an adequate level ( reliability2 & 7,d7 ! numb] ( megawatt-h\rs det]m9$ "u subp>agraph 7,c7 is less ?an ! numb] ( z]o-emission electricity cr$its ! petition] w\ld be requir$ to submit "u subsection 7a74 7#c7 ,cr$it submission ,not)/&+ subsection 7a77#a71 if ! ,adm9i/rator makes a det]m9ation ( inadequate availability ( te*nology = a petition] = a cal5d> ye>1 z describ$ "u ?is subsection1 ! petition] %all n be requir$ to submit = su* cal5d> ye> m ?an ! numb] ( z]o-emission electricity cr$its equal to ! numb] ( megawatt-h\rs det]m9$ "u p>agraph 7#b77;,c74 7#d7 ,c>bon mitigation aw>ds ,= ! cal5d> ye> id5tifi$ "u p>agraph 7#c71 if ! ,adm9i/rator makes "o or m det]m9ations ( inadequate availability ( te*nology "u ?is subsection1 ! ,adm9i/rator %all aw>d "u section #bje7;b7 an am\nt ( money equal to ! sum (-- 7,a7 ! total am\nt paid by retail electricity suppli]s z alt]native compliance paym5ts2 & 7,b7 ! total am\nt ( ! alt]native compliance paym5ts t w\ld h be5 made by ! petition] or petition]s b = ! det]m9ation ( inadequate availability ( te*nology made "u p>agraph 7#b74 7e7 ,exemptions 7#a7 ,recipi5ts ( accel]ation inve/m5t cr$its ,a qualifi$ z]o-emission electricity taxpay] t receives a z]o-emission electricity accel]ation inve/m5t cr$it = a cal5d> ye> "u section #de,v ( ! ,int]nal ,rev5ue ,code ( #aihf1 z add$ by section #cja ( ?is ,act1 %all n be subject to ! requirem5ts to submit z]o-emission electricity cr$its "u ?is section = su* cal5d> ye> & ea* cal5d> ye> !reaft]4 7#b7 ,recipi5ts ( accel]ation grants ,an eligible electricity provid] t is aw>d$ a grant "u section #cjb7;a77#a7 ( ?is ,act = a cal5d> ye> %all n be subject to ! requirem5ts to submit z]o-emission electricity cr$its "u ?is section = su* cal5d> ye> & ea* cal5d> ye> !reaft]1 z long z ! condition describ$ "u section #cjb7;a77#a77;,a7 cont9ues to be met4 #bjc4 ,z]o-emission electricity cr$it trad+ program 7a7 ,e/abli%m5t ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 ! ,adm9i/rator %all e/abli% a z]o-emission electricity cr$it trad+ program "u :i*-- 7#a7 ! ,adm9i/rator %all record1 track1 auction1 & transf] z]o-emission electricity cr$its2 & 7#b7 a g5]ator to :om su* z]o-emission electricity cr$its are issu$ may sell or o!rwise transf] ^? cr$its1 z provid$ or all[$ by applicable contracts1 ?r\gh-- 7,a7 any auction e/abli%$ "u ! z]o-emission electricity cr$it trad+ program2 7,b7 direct sales2 or 7,c7 o!r transactional arrangem5ts t sell electric en]gy or g5]at+ capacity ei!r sep>ately or comb9$ ) ! transf] ( z]o-emission electricity cr$its1 includ+ transactions t pair z]o-emission electricity cr$its ) ! dem& ( ! retail electricity suppli]4 7b7 ,adm9i/ration ,9 c>ry+ out ! program "u ?is section1 ! ,adm9i/rator %all ensure t a z]o-emission electricity cr$it may be-- 7#a7 submitt$ only once "u section #bjb7;a72 & 7#b7 only pur*as$ by1 transf]r$ to1 or o!rwise secur$ by a retail electricity suppli]4 7c7 ,delegation ( m>ket function 7#a7 ,9 g5]al ,9 c>ry+ out ! program "u ?is section1 ! ,adm9i/rator may delegate1 to "o or m appropriate entities-- 7,a7 ! adm9i/ration ( a transp>5t national m>ket = ! sale or trade ( z]o-emission electricity cr$its2 & 7,b7 ! track+ ( dispat* ( z]o-emission electricity g5]ation4 7#b7 ,adm9i/ration ,9 mak+ a delegation "u p>agraph 7#a71 ! ,adm9i/rator %all ensure t ! track+ & report+ ( in=mation conc]n+ z]o-emission electricity g5]ation is transp>5t1 v]ifiable1 & indep5d5t ( any entities subject to an obligation "u ?is title4 7d7 ,bank+ ( z]o-,emission electricity cr$its ,a z]o-emission electricity cr$it may be us$ = compliance ) ! requirem5ts ( section #bjb =-- 7#a7 ! cal5d> ye> = :i* ! z]o-emission electricity cr$it is issu$ 79 ?is subsection ref]r$ to z ! applicable cal5d> ye>72 & 7#b7 7,a7 any ( ! #e cal5d> ye>s foll[+ ! applicable cal5d> ye>1 if ! ,adm9i/rator det]m9es "u section #bjb7;a77#d7 t ! av]age annual price ( a z]o-emission electricity cr$it is equal to or less ?an ! break?r\gh cr$it price = ea* ( ! #c cal5d> ye>s prior to ! applicable cal5d> ye>2 or 7,b7 if ! ,adm9i/rator has n made ! det]m9ation "u subp>agraph 7,a7-- 7i7 any ( ! #e cal5d> ye>s foll[+ ! applicable cal5d> ye>1 if ! applicable cal5d> ye> is any ( cal5d> ye>s #bjbc ?r\gh #bjbi2 7ii7 any ( ! #d cal5d> ye>s foll[+ ! applicable cal5d> ye>1 if ! applicable cal5d> ye> is any ( cal5d> ye>s #bjcj ?r\gh #bjcd2 7iii7 any ( ! #c cal5d> ye>s foll[+ ! applicable cal5d> ye>1 if ! applicable cal5d> ye> is any ( cal5d> ye>s #bjce ?r\gh #bjci2 & 7iv7 any ( ! #b cal5d> ye>s foll[+ ! applicable cal5d> ye>1 if ! applicable cal5d> ye> is #bjdj or any cal5d> ye> !reaft]4 #bjd4 ,det]m9ation & issuance ( quantity ( z]o-emission electricity cr$its 7a7 ,issuance ( z]o-,emission electricity cr$its ,! ,adm9i/rator %all issue to ea* g5]ator a quantity ( z]o-emission electricity cr$its det]m9$ 9 accordance ) ?is section n lat] ?an ,m>* #a ( ! cal5d> ye> aft] ! cal5d> ye> = :i* ! z]o-emission electricity cr$its are issu$4 7b7 ,g5]al rules on cr$it issuance ,except z o!rwise provid$ 9 ?is section1 ! ,adm9i/rator %all issue to a g5]ator g5]at+ z]o-emission electricity dur+ a cal5d> ye> a quantity ( z]o-emission electricity cr$its = su* g5]ation t is equal to ! am\nt ( z]o-emission electricity ( ! g5]ator = ! cal5d> ye>4 7c7 ,g5]al rules on det]m9+ c>bon int5sity ,! ,adm9i/rator %all det]m9e ! c>bon int5sity ( ea* g5]at+ unit ( a g5]ator4 ,su* det]m9ation %all be made-- 7#a7 us+ data & me?ods f ! ,air ,emission ,measurem5t ,c5t] ( ! ,environm5tal ,protection ,ag5cy = emission te/+ & monitor+1 includ+-- 7,a7 cont9u\s emission monitor+ sy/ems2 & 7,b7 pr$ictive emission monitor+ sy/ems2 & 7#b7 ) respect to a det]m9ation ( ! c>bon int5sity ( any g5]at+ unit us+ qualifi$ r5ewable biomass or qualifi$ l[-c>bon fuel1 or g5]at+ qualifi$ wa/e-to-en]gy1 9 consultation )-- 7,a7 ! ,secret>y ( ,agriculture2 & 7,b7 ! ,secret>y ( ! ,int]ior4 7d7 ,c>bon int5sity = c]ta9 categories ( g5]at+ units 7#a7 ,g5]at+ units utiliz+ te*nologies )\t direct emissions ,! ,adm9i/rator %all assign a c>bon int5sity ( z]o = any g5]at+ unit ( a g5]ator t does n produce direct emissions ( any gre5h\se gas 9 g5]at+ electric en]gy1 includ+ any g5]at+ unit t g5]ates electric en]gy only ?r\gh ! use ( sol>1 w9d1 ocean1 curr5t1 wave1 tidal1 geo!rmal1 nucle> en]gy1 or hydrop[] te*nology1 except z provid$ "u p>agraphs 7#b7 & 7#c74 7#b7 ,g5]at+ units utiliz+ te*nologies utiliz+ fossil fuels 7,a7 ,acc\nt+ = up/ream gre5h\se gas emissions ,9 det]m9+ ! c>bon int5sity ( ea* g5]at+ unit us+ coal1 natural gas1 or oil1 ! ,adm9i/rator %all acc\nt =-- 7i7 ! direct emissions ( any gre5h\se gas ( ! g5]at+ unit1 :i* %all n include ! qualifi$ c>bon oxide t is captur$ & safely & p]man5tly /or$ or utiliz$2 & 7ii7 7,i7 ! av]age am\nts ( c>bon dioxide & me?ane emissions1 9 t]ms ( c>bon dioxide equival5t1 t occur dur+ extraction1 fl>+1 process+1 transmission1 & transportation ( coal1 natural gas1 or oil t is utiliz$ = ! g5]ation ( electricity 9 ! ,unit$ ,/ates2 or 7,,ii7 ) respect to a g5]ator t ! ,adm9i/rator det]m9es "u subp>agraph 7,b7 has demon/rat$ t ! coal1 natural gas1 or oil consum$ by su* g5]ator is associat$ ) ! release ( small] am\nts ( c>bon dioxide & me?ane emissions ?an ! am\nts describ$ 9 subclause 7,i71 su* small] am\nts4 7,b7 ,det]m9ation 7i7 ,be/ available sci5ce ,9 mak+ a det]m9ation "u ?is p>agraph1 ! ,adm9i/rator %all utilize ! be/ available sci5ce1 includ+ ) respect to ! measurem5t ( l[-frequ5cy high-emission ev5ts1 includ+ by us+ data f ! detection ( natural gas fl>+ f ! satellite obs]vations ( ! ,national ,oceanic & ,atmosph]ic ,adm9i/ration4 7ii7 ,acc\nt+ = up/ream me?ane wa/e prev5tion ,! ,adm9i/rator may det]m9e t a g5]ator has demon/rat$ t ! fossil fuel consum$ by su* g5]ator is associat$ ) ! release ( small] am\nts ( c>bon dioxide & me?ane emissions ?an ! am\nts describ$ 9 subp>agraph 7,a77ii77,i7 if ! g5]ator-- 7,i7 submits a petition = su* det]m9ation to ! ,adm9i/rator by ,janu>y #ca aft] ! cal5d> ye> = :i* su* det]m9ation is s\ght2 7,,ii7 acc\nts 9 ! petition = l[-frequ5cy1 high-emission ev5ts2 & 7,,iii7 uses 9 ! petition direct measurem5ts ( ! applicable facilities1 :i* may include measurem5ts made 9 ! c\rse ( p>ticipation 9 a volunt>y program or public disclosure ( ! quantifi$ me?ane emission int5sity ( ! applicable facilities4 7iii7 ,public availability ,! in=mation provid$ to ! ,adm9i/rator by a g5]ator to make a det]m9ation "u ?is subp>agraph %all be available to ! public ^u su* det]m9ation4 7,c7 ,def9ition ,9 ?is p>agraph1 ! t]m qualifi$ c>bon oxide has ! mean+ giv5 ! t]m 9 section #de,q ( ! ,int]nal ,rev5ue ,code ( #aihf4 7,d7 ,/&>ds ,! ,adm9i/rator %all promulgate ! /&>ds = measurem5t necess>y to implem5t ?is p>agraph n lat] ?an #b ye>s aft] ! date ( enactm5t ( ?is ,act1 & %all update su* /&>ds e #e ye>s !reaft]1 bas$ on ! be/ available sci5ce & te*nology4 7#c7 ,hydrop[] utiliz+ a new res]voir ,9 det]m9+ ! c>bon int5sity ( ea* g5]at+ unit us+ hydrop[] associat$ ) a res]voir con/ruct$ aft] ! date ( enactm5t ( ?is ,act1 ! ,adm9i/rator %all acc\nt = ! gre5h\se gas emissions t c be attribut$ to ! hydrop[] facility1 includ+ ! applicable new res]voir4 7e7 ,quantity ( cr$its issu$ = c]ta9 categories ( g5]at+ units 7#a7 ,qualifi$ comb9$ heat & p[] sy/ems 7,a7 ,9 g5]al ,! ,adm9i/rator %all issue to a g5]ator g5]at+ z]o-emission electricity dur+ a cal5d> ye> us+ a g5]at+ unit t is a qualifi$ comb9$ heat & p[] sy/em a quantity ( z]o-emission electricity cr$its = su* g5]ation t is equal to-- 7i7 ! numb] t repres5ts ! am\nt ( z]o-emission electricity g5]at$ by su* g5]at+ unit dur+ su* cal5d> ye>2 less 7ii7 ! product obta9$ by multiply+-- 7,i7 ! numb] ( megawatt-h\rs ( electric en]gy g5]at$ by ! qualifi$ comb9$ heat & p[] sy/em t are consum$ onsite dur+ su* cal5d> ye>2 by 7,,ii7 ! av]age ( ! m9imum p]c5tage ( z]o-emission electricity 7z def9$ 9 section #bjb7;a77#e77 = ! cal5d> ye> = retail electricity suppli]s 9 ! region ( ! g5]ator1 z det]m9$ by ! ,adm9i/rator4 7,b7 ,additional cr$its ,9 addition to z]o-emission electricity cr$its issu$ "u subp>agraph 7,a71 ! ,adm9i/rator %all issue to a g5]ator describ$ 9 subp>agraph 7,a7 z]o-emission electricity cr$its = gre5h\se gas emissions avoid$ z a result ( ! use ( ! applicable qualifi$ comb9$ heat & p[] sy/em1 r ?an a sep>ate !rmal s\rce1 to meet ! !rmal ne$s ( ! g5]ator or "o or m additional entities4 7,c7 ,applicability ,?is p>agraph %all n apply ) respect to a qualifi$ comb9$ heat & p[] sy/em us+ qualifi$ r5ewable biomass4 7#b7 ,qualifi$ r5ewable biomass ,! ,adm9i/rator %all issue to a g5]ator g5]at+ z]o-emission electricity dur+ a cal5d> ye> us+ qualifi$ r5ewable biomass a quantity ( z]o-emission electricity cr$its = su* g5]ation t is equal to ! product obta9$ by multiply+-- 7,a7 ! qualifi$ electricity g5]ation ( ! g5]ator t 0 g5]at$ us+ qualifi$ r5ewable biomass dur+ su* cal5d> ye>2 by 7,b7 ! av]age c>bon int5sity ( ! g5]at+ units ( ! g5]ator t use qualifi$ r5ewable biomass4 7#c7 ,qualifi$ wa/e-to-en]gy 7,a7 ,9 g5]al ,except z provid$ 9 subp>agraph 7,b71 ! ,adm9i/rator %all issue to a g5]ator g5]at+ z]o-emission electricity dur+ a cal5d> ye> t is qualifi$ wa/e-to-en]gy a quantity ( z]o-emission electricity cr$its = su* g5]ation t is equal to ! product obta9$ by multiply+-- 7i7 ! qualifi$ wa/e-to-en]gy ( ! g5]ator t is qualifi$ electricity g5]ation dur+ su* cal5d> ye>2 by 7ii7 ! av]age c>bon int5sity ( ! g5]at+ units ( ! g5]ator us$ to g5]ate qualifi$ wa/e-to-en]gy4 7,b7 ,exception ,z]o-emission electricity cr$its = z]o-emission electricity t is qualifi$ wa/e-to-en]gy g5]at$ us+ qualifi$ r5ewable biomass %all be issu$ 9 accordance ) p>agraph 7#b74 7#d7 ,qualifi$ l[-c>bon fuels 7,a7 ,9 g5]al ,except z provid$ 9 subp>agraph 7,c71 ! ,adm9i/rator %all issue to a g5]ator g5]at+ z]o-emission electricity dur+ a cal5d> ye> us+ qualifi$ l[-c>bon fuels a quantity ( z]o-emission electricity cr$its = su* g5]ation t is equal to ! product obta9$ by multiply+-- 7i7 ! qualifi$ electricity g5]ation ( ! g5]ator t 0 g5]at$ us+ qualifi$ l[-c>bon fuels dur+ su* cal5d> ye>2 by 7ii7 ! av]age c>bon int5sity ( ! g5]at+ units ( ! g5]ator t use qualifi$ l[-c>bon fuels4 7,b7 ,adju/m5t = production ,9 det]m9+ ! c>bon int5sity ( ea* g5]at+ unit us+ a qualifi$ l[-c>bon fuel1 ! ,adm9i/rator %all acc\nt = ! gre5h\se gas emissions associat$ ) ! production ( su* qualifi$ l[-c>bon fuel4 7,c7 ,no d\ble c\nt+ ,! ,adm9i/rator %all n issue z]o-emission electricity cr$its = electric en]gy g5]at$ us+ a qualifi$ l[-c>bon fuel t is g5]at$ us+ electric en]gy = :i* a g5]ator is issu$ a z]o-emission electricity cr$it "u ?is title4 7#e7 ,direct air capture ( c>bon dioxide ,! ,adm9i/rator %all issue to an entity t captures c>bon dioxide f ! atmosph]e1 & safely & p]man5tly /ores or utilizes su* c>bon dioxide1 #a z]o-emission electricity cr$it = e #j4hb metric tons ( c>bon dioxide equival5t t is captur$ & safely & p]man5tly /or$ or utiliz$4 7#f7 ,special rules 7,a7 ,regulations ,subject to subp>agraph 7,b71 n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 = purposes ( issu+ z]o-emission electricity cr$its "u ?is section1 ! ,adm9i/rator %all promulgate regulations e/abli%+-- 7i7 ! conditions "u :i* c>bon dioxide may be safely & p]man5tly /or$2 7ii7 ! me?ods & processes by :i* c>bon dioxide may be utiliz$ 9 a mann] t ensures ! removal ( ! c>bon dioxide safely & p]man5tly f ! atmosph]e1 includ+ utilization 9 ! production ( sub/ances1 su* z pla/ics & *emicals2 & 7iii7 requirem5ts to acc\nt = ! risk t "s fraction ( ! c>bon dioxide int5d$ to be p]man5tly /or$ or utiliz$ may nev]!less be emitt$ into ! atmosph]e4 7,b7 ,exi/+ requirem5ts ,9 promulgat+ regulations pursuant to ?is p>agraph1 ! ,adm9i/rator %all incorporate any exi/+ requirem5ts = ! p]man5t geologic /orage ( c>bon dioxide1 includ+ any requirem5ts promulgat$ "u section #de,q ( ! ,int]nal ,rev5ue ,code ( #aihf4 7f7 ,maximum quantity ( cr$its ,except z provid$ "u subsection 7e77#a71 ! total quantity ( z]o-emission electricity cr$its issu$ "u ?is section to a g5]ator = a cal5d> ye> %all n exce$ ! numb] ( megawatt-h\rs ( ! qualifi$ electricity g5]ation ( ! g5]ator = ! cal5d> ye>4 7g7 ,no negative cr$its ,not)/&+ any o!r provision ( ?is title1 ! ,adm9i/rator %all n issue a negative quantity ( z]o-emission electricity cr$its to any g5]ator4 7h7 ,facilities outside ! ,unit$ ,/ates ,) respect to electricity g5]at$ by a facility or g5]at+ unit t is locat$ outside ( ! ,unit$ ,/ates1 a z]o-emission electricity cr$it may be issu$ only ) respect to electricity t is sold = resale 9 ! ,unit$ ,/ates4 7i7 ,contracts ,a z]o-emission electricity cr$it issu$ = electricity t is-- 7#a7 sold = resale "u a contract 9 effect on ! date ( enactm5t ( ?is title %all be issu$ to ! pur*as+ retail electricity suppli] 9 proportion to ! z]o-emission electricity pur*as$ by su* retail electricity suppli] "u ! contract1 unless o!rwise provid$ by ! contract2 & 7#b7 sold = resale "u a contract 9 :i* a g5]at+ unit is n specifi$1 %all be issu$ to ! pur*as+ retail electricity suppli] 9 proportion to ! ratio ( z]o-emission electricity g5]ation f ! g5]ator mak+ su* sale = resale4 7j7 ,f$]al ,p[] ,m>ket+ ,adm9i/ration ,a z]o-emission electricity cr$it issu$ = electricity t is g5]at$ by a ,f$]al ,p[] ,m>ket+ ,adm9i/ration %all be transf]r$ to ! retail electricity suppli] t is pur*as+ ! electricity4 7k7 ,recipi5ts ( accel]ation inve/m5t cr$its ,a qualifi$ z]o-emission electricity taxpay] t receives a z]o-emission electricity accel]ation inve/m5t cr$it = a cal5d> ye> "u section #de,v ( ! ,int]nal ,rev5ue ,code ( #aihf1 z add$ by section #cja ( ?is ,act1 %all n be issu$ any z]o-emission electricity cr$its "u ?is section = su* cal5d> ye> or any cal5d> ye> !reaft]4 7l7 ,recipi5ts ( accel]ation grants ,an eligible electricity provid] t receives a grant dur+ a cal5d> ye> "u section #cjb7;a77#a7 ( ?is ,act %all n be issu$ any z]o-emission electricity cr$its "u ?is section = su* cal5d> ye> or any cal5d> ye> !reaft]4 #bje4 ,c>bon ,mitigation ,fund 7a7 ,c>bon ,mitigation ,fund 7#a7 ,creation ( fund ,!re is h]eby e/abli%$ a tru/ fund1 to be kn[n z ! ,c>bon ,mitigation ,fund1 consi/+ ( su* am\nts z may be appropriat$ to su* fund z provid$ 9 ?is section4 7#b7 ,adm9i/ration ,! ,c>bon ,mitigation ,fund %all be adm9i/]$ by ! ,adm9i/rator4 7#c7 ,transf]s to ,tru/ ,fund ,!re are h]eby appropriat$ to ! ,c>bon ,mitigation ,fund ea* ye> am\nts equal to ! sum ( ! am\nts t are-- 7,a7 attributable to alt]native compliance paym5ts made pursuant to section #bjb2 7,b7 equal to ! alt]native compliance paym5ts t w\ld h be5 made by any petition]s "u section #bjb b = a det]m9ation ( inadequate availability ( te*nology made by ! ,adm9i/rator "u section #bjb7;d72 & 7,c7 collect$ z a civil p5alty "u section #bji4 7#d7 ,exp5ditures ,am\nts 9 ! ,c>bon ,mitigation ,fund %all be available )\t fur!r appropriation or fiscal ye> limitation to c>ry out ! program "u subsection 7b74 7b7 ,program 7#a7 ,9 g5]al ,! ,adm9i/rator %all c>ry out a program to aw>d funds to entities to c>ry out activities 9 ,/ates t avoid emissions ( gre5h\se gases or remove c>bon dioxide f ! atmosph]e4 7#b7 ,activities ,activities = :i* ! ,adm9i/rator may aw>d funds "u ! program c>ri$ out pursuant to ?is subsection include-- 7,a7 improvem5ts to ! en]gy effici5cy ( exi/+ facilities & devices2 7,b7 improvem5ts to ! electrical grid2 7,c7 ! replacem5t ( natural gas space heat]s1 natural gas wat] heat]s1 & natural gas /oves1 ) electric appliances2 7,d7 ! replacem5t ( fossil fuel-p[]$ vehicles own$ by ,/ate & local ag5cies ) electric vehicles or o!r l[-c>bon fuel vehicles2 7,e7 ! replacem5t ( fossil fuel-p[]$ gr\nd airport & seaport vehicles ) electric vehicles or o!r l[-c>bon fuel vehicles2 7,f7 in/allation ( fa/ *>g+ /ations = electric vehicles along highways & o!r public roads 9 urban areas & rural areas2 7,g7 b5eficial electrification-relat$ r$uctions n o!rwise id5tifi$ 9 ?is p>agraph2 7,h7 activities t capture c>bon dioxide f ! atmosph]e & safely & p]man5tly /ore or utilize su* c>bon dioxide 9 accordance ) section #bjd7;e77#f72 & 7,i7 any activity t is endors$ by a g5]ator or a retail electricity suppli] t results 9 a net r$uction ( emissions ( gre5h\se gases4 7#c7 ,exclusions ,! ,adm9i/rator may n aw>d funds to an entity "u ! program c>ri$ out pursuant to ?is subsection = any activity = :i* ! entity-- 7,a7 has be5 issu$ a z]o-emission electricity cr$it2 or 7,b7 receiv$ a d$uction ( megawatt-h\rs "u section #bjb7;a77#c77;,b7 to acc\nt = b5eficial electrification-relat$ r$uctions4 7#d7 ,crit]ia ,! ,adm9i/rator may only aw>d funds "u ! program c>ri$ out pursuant to ?is subsection = an activity = :i* ! ,adm9i/rator det]m9es t-- 7,a7 ! am\nt ( c>bon dioxide emissions avoid$ or remov$ f ! atmosph]e by ! activity w be adequately confirm$ ?r\gh monitor+1 report+1 & v]ification2 7,b7 ! risk t "s am\nt ( ! c>bon dioxide t is remov$ f ! atmosph]e by ! activity may re5t] ! atmosph]e at a lat] date is adequately reflect$ ?r\gh a disc\nt+ ( ! am\nt describ$ 9 p>agraph 7#e77;,c77ii72 7,c7 ! risk t "s am\nt ( ! gre5h\se gases1 ! emission ( :i* is avoid$ by ! activity1 may ent] ! atmosph]e at a lat] date is adequately reflect$ ?r\gh a disc\nt+ ( ! am\nt describ$ 9 p>agraph 7#e77;,c77i72 7,d7 ! risk t ! activity may directly or indirectly increase ! release ( gre5h\se gases f ano!r location has be5 adequately address$2 7,e7 ! activity is n requir$1 or be+ fully support$ f9ancially by1 a ,f$]al1 ,/ate1 or local law1 program1 or activity2 & 7,f7 if ! activity involves l& use1 ! activity-- 7i7 aligns ) ! ,su/a9able ,developm5t ,goals ( ! ,unit$ ,nations1 includ+ be+ consi/5t ) ! cons]vation ( biological div]sity & natural ecosy/ems 7includ+ =e/s & grassl&s72 & 7ii7 ma9ta9s ecosy/em s]vices & o!r social & environm5tal b5efits4 7#e7 ,proposals ,9 ord] to qualify = an aw>d ( funds "u ?is subsection1 an entity %all submit to ! ,adm9i/rator a proposal t-- 7,a7 describes ! activity to be c>ri$ out ) ! aw>d ( funds2 7,b7 id5tifies ! am\nt ( money = :i* ! entity is apply+2 7,c7 id5tifies ! am\nt1 to be measur$ 9 "o-ye> increm5ts1 (-- 7i7 gre5h\se gas emissions to be avoid$ by ! activity1 measur$ 9 t]ms ( c>bon dioxide equival5t2 & 7ii7 c>bon dioxide to be remov$ f ! atmosph]e by ! activity1 measur$ 9 metric tons2 7,d7 id5tifies ! bid am\nt1 express$ z doll>s p] metric ton1 :i* %all be ! quoti5t obta9$ by divid+ ! am\nt id5tifi$ "u subp>agraph 7,b7 by ! total am\nt id5tifi$ "u subp>agraph 7,c72 7,e7 provides any in=mation requir$ by ! ,adm9i/rator 9 ord] to make a det]m9ation describ$ 9 p>agraph 7#d72 & 7,f7 provides any o!r c]tifications ! ,adm9i/rator det]m9es appropriate4 7#f7 ,deadl9es 7,a7 ,promulgation ,n lat] ?an ,janu>y #a1 #bjbd1 ! ,adm9i/rator %all promulgate regulations to implem5t ?is section1 includ+ specify+ ! in=mation requir$ to be includ$ 9 proposals "u p>agraph 7#e74 7,b7 ,solicitation ,n lat] ?an ,febru>y #a1 #bjbd1 & ea* ,febru>y #a !reaft]1 ! ,adm9i/rator %all solicit proposals = activities describ$ 9 p>agraph 7#a7 = :i* ! ,adm9i/rator may aw>d funds "u ! program c>ri$ out pursuant to ?is subsection4 7,c7 ,id5tification ,n lat] ?an ,june #a1 #bjbd1 & ea* ,june #a !reaft]1 ! ,adm9i/rator %all id5tify proposals t h be5 submitt$ by ,m>* #a ( su* cal5d> ye> = activities describ$ 9 p>agraph 7#a7 t qualify = an aw>d ( funds "u ! program c>ri$ out pursuant to ?is subsection4 7,d7 ,aw>d ( funds ,n lat] ?an ,augu/ #a1 #bjbd1 & ea* ,augu/ #a !reaft]1 ! ,adm9i/rator %all aw>d to entities funds available 9 ! ,c>bon ,mitigation ,fund e/abli%$ by subsection 7a7 = activities describ$ 9 proposals id5tifi$ "u subp>agraph 7,c74 7#g7 ,aw>ds to mo/ co/-effective activities ,! ,adm9i/rator %all aw>d funds to entities = activities describ$ 9 proposals id5tifi$ "u p>agraph 7#f77;,c7-- 7,a7 beg9n+ by aw>d+ funds to ! entity submitt+ su* a proposal ) ! l[e/ bid am\nt id5tifi$ pursuant to p>agraph 7#e77;,d72 & 7,b7 !n aw>d+ funds to entities sequ5tially by entity submitt+ su* a proposal ) ! next l[e/ bid am\nt s id5tifi$ until all funds are aw>d$4 7c7 ,consultation ,! ,adm9i/rator %all consult ) ! ,secret>y ( ! ,int]ior & ! ,secret>y ( ,agriculture 9 promulgat+ regulations to measure1 monitor1 & v]ify any natural seque/ration activities aw>d$ "u ?is section4 #bjf4 ,/ate programs 7a7 ,sav+s provision 7#a7 ,9 g5]al ,except z provid$ 9 p>agraph 7#b7 & subject to subsection 7b71 no?+ 9 ?is title affects ! au?ority ( a ,/ate or a political subdivision ( a ,/ate to adopt or en=ce any law or regulation relat+ to-- 7,a7 clean en]gy or r5ewable en]gy2 7,b7 ! regulation ( a retail electricity suppli]2 or 7,c7 gre5h\se gas emissions r$uction4 7#b7 ,f$]al law ,except z o!rwise provid$ 9 ?is section1 no law or regulation ( a ,/ate or a political subdivision ( a ,/ate may relieve a retail electricity suppli] f compliance ) an applicable requirem5t ( ?is title4 7b7 ,coord9ation ,! ,adm9i/rator1 9 consultation ) ,/ates t h ,/ate clean en]gy programs 9 effect1 %all facilitate1 to ! maximum ext5t practicable1 coord9ation betwe5 ! implem5tation ( ?is title & ! relevant ,/ate clean en]gy program4 7c7 ,qualifi$ ,/ates 7#a7 ,det]m9ation 7,a7 ,9 g5]al ,! ,adm9i/rator1 9 consultation ) ,/ates t h ,/ate clean en]gy programs 9 effect1 %all det]m9e :e!r ea* su* ,/ate is a qualifi$ ,/ate4 7,b7 ,deadl9es ,! ,adm9i/rator %all make a det]m9ation "u subp>agraph 7,a7-- 7i7 n lat] ?an ,janu>y #a1 #bjbb1 ) respect to a ,/ate t has a ,/ate clean en]gy program 9 effect on ! date ( enactm5t ( ?is ,act1 & e #e ye>s !reaft]2 & 7ii7 n lat] ?an #f mon?s aft] ! date ( ! enactm5t by a ,/ate1 aft] ! date ( enactm5t ( ?is ,act1 ( a new or modifi$ exi/+ ,/ate clean en]gy program1 & e #e ye>s !reaft]4 7,c7 ,p]iod ,a det]m9ation "u ?is p>agraph %all be effective until ! e>li] (-- 7i7 ! date t is #e ye>s aft] ! date ( ! det]m9ation2 or 7ii7 ! date on :i* ! ,adm9i/rator makes a subsequ5t det]m9ation "u ?is p>agraph ) respect to ! applicable ,/ate4 7#b7 ,compliance ,if ! ,adm9i/rator det]m9es1 "u p>agraph 7#a71 t a ,/ate is a qualifi$ ,/ate1 a retail electricity suppli] t is subject to & 9 compliance ) ! ,/ate clean en]gy program ( su* qualifi$ ,/ate %all be deem$ to be 9 compliance ) ! requirem5ts ( ?is title = ! p]iod dur+ :i* ! det]m9ation is effective4 7#c7 ,prohibition aga9/ d\ble c\nt+ ,! ,adm9i/rator1 9 consultation ) ,/ates1 %all develop a protocol to ensure t a z]o-emission electricity cr$it may n be issu$ "u ?is title ) respect to an am\nt ( electric en]gy = :i* "o or m ,/ate clean en]gy cr$its are issu$ "u1 & us$ = compliance )1 a ,/ate clean en]gy program 9 a qualifi$ ,/ate4 7d7 ,qualifi$ electricity g5]ation eligible 9 bo? ,/ate & ,f$]al programs 7#a7 ,issuance ( cr$it ,9 a ,/ate t is n a qualifi$ ,/ate1 #a megawatt-h\r ( z]o-emission electricity is eligible to be issu$ bo? a ,/ate clean en]gy cr$it & a z]o-emission electricity cr$it pursuant to ?is title4 7#b7 ,retirem5t ( ,/ate cr$its ,retirem5t ( a ,/ate clean en]gy cr$it = compliance ) a ,/ate law 9 a ,/ate t is n a qualifi$ ,/ate %all n prev5t a retail electricity suppli] f submitt+ a z]o-emission electricity cr$it issu$ = ! same megawatt-h\r ( z]o-emission electricity = compliance ) ?is title4 7#c7 ,submission ( ,f$]al cr$its ,submission ( a z]o-emission electricity cr$it = compliance ) ?is title %all n prev5t a retail electricity suppli] f retir+ a ,/ate clean en]gy cr$it issu$ = ! same megawatt-h\r ( qualifi$ electricity g5]ation = compliance ) a ,/ate law4 7e7 ,def9itions ,9 ?is section3 7#a7 ,qualifi$ ,/ate ,! t]m qualifi$ ,/ate means a ,/ate-- 7,a7 t has a ,/ate clean en]gy program2 & 7,b7 9 :i* ! retail electricity suppli]s 9 ! ,/ate1 9 ! aggregate1 sell-- 7i7 a quantity ( z]o-emission electricity t is great] ?an ! quantity ( z]o-emission electricity repres5t$ by ! z]o-emission electricity cr$its ! retail electricity suppli]s1 9 ! aggregate1 w\ld o!rwise be requir$ to submit "u section #bjb2 or 7ii7 ( ! total am\nt ( electric en]gy sold 9 ! ,/ate1 a p]c5tage ( z]o-emission electricity t is great] ?an ! av]age m9imum p]c5tage ( z]o-emission electricity requir$ = all retail electricity suppli]s "u section #bjb4 7#b7 ,/ate clean en]gy cr$it ,! t]m ,/ate clean en]gy cr$it means a c]tificate correspond+ to ! electricity g5]at$ f r5ewable or o!r z]o-emission electricity s\rces t is issu$ "u a law enact$ by a ,/ate4 7#c7 ,/ate clean en]gy program ,! t]m ,/ate clean en]gy program means "o or m ,/ate requirem5ts1 includ+ laws & regulations-- 7,a7 "u :i* retail electricity suppli]s 9 ! ,/ate are requir$ to sell-- 7i7 a quantity ( z]o-emission electricity2 or 7ii7 ( ! total am\nt ( electric en]gy sold 9 ! ,/ate1 a p]c5tage ( z]o-emission electricity2 & 7,b7 = :i* !re are compliance me*anisms1 includ+ ! imposition ( p5alties1 t are at lea/ z effective 9 en=c+ compliance ) su* requirem5ts z ! sy/em ( en=cem5t "u ?is title4 #bjg4 ,report to ,congress ,n lat] ?an ,janu>y #a1 #bjce1 ! ,adm9i/rator %all submit to ,congress a report ) an evaluation & a =eca/ ( ! rema9+ b>ri]s to a*iev+ g5]ation ( electric en]gy ) no emissions ( gre5h\se gases4 #bjh4 ,in=mation collection ,! ,adm9i/rator may require any retail electricity suppli]1 g5]ator1 or o!r entity t ! ,adm9i/rator det]m9es appropriate1 to submit to ! ,adm9i/rator any in=mation ! ,adm9i/rator det]m9es to be appropriate to c>ry out ?is title4 #bji4 ,civil p5alties 7a7 ,9 g5]al ,subject to subsection 7b7-- 7#a7 a retail electricity suppli] t fails to meet ! requirem5ts ( section #bjb %all be subject to a civil p5alty 9 an am\nt equal to ! product obta9$ by multiply+-- 7,a7 ! aggregate quantity ( z]o-emission electricity cr$its t ! retail electricity suppli] fail$ to submit = ! cal5d> ye> to comply ) section #bjb2 by 7,b7 #cjj p]c5t ( ! am\nt ( alt]native compliance paym5t = ! cal5d> ye>1 z det]m9$ "u section #bjb7;a77#f72 & 7#b7 an entity requir$ to submit in=mation pursuant to section #bjh t violates su* section by fail+ to submit ! in=mation1 or submitt+ false or mislead+ in=mation1 %all be subject to a civil p5alty ( #be1jjj = ea* day dur+ :i* su* violation cont9ues4 7b7 ,waiv]s & mitigation 7#a7 ,=ce majeure ,! ,adm9i/rator may mitigate or waive a civil p5alty "u subsection 7a7 if ! applicable retail electricity suppli] or o!r entity 0 unable to comply ) an applicable requirem5t = reasons outside ( ! reasonable control ( ! retail electricity suppli] or o!r entity4 7#b7 ,r$uction = ,/ate p5alties ,! ,adm9i/rator %all r$uce ! am\nt ( a p5alty det]m9$ "u subsection 7a7 by ! am\nt paid by ! applicable retail electricity suppli] to a ,/ate = failure to comply ) ! requirem5t ( a ,/ate r5ewable en]gy program1 if ! ,adm9i/rator det]m9es t ! ,/ate requirem5t is m /r+5t ?an ! applicable requirem5t ( ?is title4 #baj4 ,regulations 7a7 ,deadl9e ,except z o!rwise provid$ 9 ?is title1 n lat] ?an #b ye>s aft] ! date ( enactm5t ( ?is title1 ! ,adm9i/rator %all promulgate regulations to implem5t ?is title4 7b7 ,consultation ,! ,adm9i/rator %all consult ) ! ,secret>y ( ,en]gy 9 promulgat+ regulations "u ?is title4 ,b ,me?ane ,regulation #baa4 ,me?ane regulation 7a7 ,national goal ,! goal ( ?is section is to r$uce /eadily ! quantity ( ,unit$ ,/ates me?ane emissions f ! oil & natural gas sector su* t ! quantity ( me?ane emissions 9 cal5d> ye> #bjcj f ! oil & natural gas sector is at lea/ #ij p]c5t bel[ ! quantity ( me?ane emissions 9 cal5d> ye> #bjab f su* sector4 7b7 ,exi/+ au?ority ,us+ exi/+ au?ority ( ! ,environm5tal ,protection ,ag5cy1 ! ,adm9i/rator %all issue regulations pursuant to section #aaa ( ! ,clean ,air ,act 7#db ,u4,s4,c4 #gdaa7 to control me?ane emissions f ! oil & natural gas sector to a*ieve ! national goal e/abli%$ 9 subsection 7a74 7c7 ,cov]$ s\rces ,! regulations promulgat$ pursuant to ?is section %all apply to s\rces ( me?ane f e segm5t ( oil & natural gas sy/ems1 includ+ oil & natural gas production1 process+1 transmission1 di/ribution1 & /orage4 7d7 ,regulations ,to meet ! national goal 7#a7 ,deadl9e ,n lat] ?an ,decemb] #ca1 #bjbc1 ! ,adm9i/rator %all promulgate f9al regulations "u section #aaa ( ! ,clean ,air ,act 7#db ,u4,s4,c4 #gdaa7 to a*ieve ! national goal e/abli%$ 9 subsection 7a74 7#b7 ,cont5ts ,! regulations requir$ by p>agraph 7#a7 %all provide = ! e/abli%m5t1 implem5tation1 & en=cem5t ( /&>ds ( p]=mance = new s\rces & exi/+ s\rces1 & guidel9es = ,/ates1 t include requirem5ts =-- 7,a7 new & exi/+ natural gas transmission & di/ribution pipel9es to r$uce me?ane emissions by application ( ! be/ sy/em ( v5t+ & leakage r$uction2 7,b7 new s\rces1 & exi/+ s\rces1 ) equipm5t t h&les liquefi$ natural gas to r$uce me?ane emissions f t equipm5t by application ( ! be/ sy/em ( emission r$uction2 & 7,c7 new & exi/+ (f%ore petroleum & natural gas production facilities to r$uce me?ane emissions by application ( ! be/ sy/em ( emission r$uction4 7e7 ,def9itions ,9 ?is section3 7#a7 ,adm9i/rator ,! t]m ,adm9i/rator means ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy4 7#b7 ,exi/+ s\rce2 new s\rce2 /&>d ( p]=mance ,! t]ms exi/+ s\rce1 new s\rce1 & /&>d ( p]=mance1 h ! mean+ giv5 su* t]ms 9 section #aaa7;a7 ( ! ,clean ,air ,act 7#db ,u4,s4,c4 #gdaa7;a774 ,,iii ,inc5tives = ! ,accel]at$ ,deploym5t ( ,z]o-,emission ,electricity #cjj4 ,purpose ,! purpose ( ?is title is to provide support = any giv5 p[] company to accel]ate ! deploym5t ( an #hj-p]c5t z]o-emission electricity g5]ation sy/em z e>ly z possible be=e #bjcj & a #ajj-p]c5t z]o-emission electricity g5]ation sy/em z e>ly z possible be=e #bjce4 ,a ,inc5tives = ! ,accel]at$ ,deploym5t ( #hj-,p]c5t & #ajj-,p]c5t ,z]o-,emission ,electricity ,sy/ems #cja4 ,z]o-emission electricity accel]ation inve/m5t tax cr$it 7a7 ,9 g5]al ,subp>t ,e ( "p ,,iv ( sub*apt] ,a ( *apt] #a ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by ins]t+ aft] section #dh;,c ! foll[+ new section3 #dh;,d4 ,z]o-emission electricity accel]ation inve/m5t cr$it 7a7 ,9 g5]al ,= purposes ( section #df1 9 ! case ( a taxpay] :o is a qualifi$ z]o-emission electricity taxpay]1 ! z]o-emission electricity accel]ation inve/m5t cr$it %all be ! applicable p]c5tage ( ! co/ ( any qualifi$ z]o-emission electricity g5]at+ unit4 7b7 ,applicable p]c5tage ,= purposes ( ?is section-- 7#a7 ,9 g5]al ,except z provid$ 9 p>agraph 7#b71 ) respect to qualifi$ z]o-emission electricity g5]at+ units plac$ 9 s]vice aft] ! date ( ! enactm5t ( ?is section1 ! applicable p]c5tage %all be det]m9$ "u ! foll[+ table3 ,9 ! case ( prop]ty plac$ 9 s]vice 9 a taxable ye> beg9n+ 93,! applicable p]c5tage %all be3 ,any ye> be=e #bjbfej #bjbfdh #bjbgdf #bjbhdd #bjbidb #bjcjdj #bjcach #bjcbcf #bjcccd #bjcdcb #bjcecj ,any ye> !reaft]#j 7#b7 ,special rule = taxpay]s a*iev+ #hj-p]c5t z]o-emission electricity be=e #bjca ,9 ! case ( a taxpay] :o is a qualifi$ z]o-emission electricity taxpay] solely by reason ( subsection 7c77#c77;,b71 ! applicable p]c5tage %all be-- 7,a7 9 ! case ( prop]ty plac$ 9 s]vice 9 a taxable ye> beg9n+ be=e ,janu>y #a1 #bjca1 #g p]c5tage po9ts less ?an ! applicable p]c5tage o!rwise det]m9$ ) respect to su* prop]ty = ! taxable ye> "u p>agraph 7#a71 & 7,b7 9 ! case ( prop]ty plac$ 9 s]vice 9 any taxable ye> beg9n+ aft] ,decemb] #ca1 #bjcj1 z]o4 7c7 ,def9itions ,= purposes ( ?is section-- 7#a7 ,qualifi$ z]o-emission electricity g5]at+ unit ,! t]m qualifi$ z]o-emission electricity g5]at+ unit means a g5]at+ unit-- 7,a7 t is plac$ into s]vice aft] ! date ( enactm5t ( ?is section1 & 7,b7 ! op]ation ( :i* does n result 9 ! release ( c>bon dioxide into ! atmosph]e4 7#b7 ,g5]at+ unit ,! t]m g5]at+ unit has ! mean+ giv5 su* t]m 9 section #bja ( ! ,clean ,en]gy ,innovation & ,deploym5t ,act ( #bjba4 7#c7 ,qualifi$ z]o-emission electricity taxpay] 7,a7 ,9 g5]al ,! t]m qualifi$ z]o-emission electricity taxpay] means1 = a taxable ye>1 a taxpay] :o-- 7i7 does n own a g5]at+ unit t emits c>bon dioxide at any po9t dur+ su* taxable ye>1 & 7ii7 = su* taxable ye>1 owns non-emitt+ electricity g5]at+ units ) a g5]at+ capacity t is equal to or great] ?an ! annual av]age g5]at+ capacity ( g5]at+ units own$ by su* taxpay] dur+ ! #e-ye> p]iod end+ on ! date ( ! enactm5t ( ?is section4 7,b7 ,special rule = taxpay]s a*iev+ #hj-p]c5t z]o-emission electricity ,9 ! case ( a taxpay] n describ$ 9 subp>agraph 7,a7 :o = any taxable ye> g5]ates n less ?an #hj p]c5t ( ! electricity sold by su* eligible electricity provid] us+ g5]at+ units ! op]ation ( :i* does n result 9 ! release ( c>bon dioxide into ! atmosph]e 7tak+ into acc\nt units plac$ 9 s]vice dur+ su* taxable ye>71 su* taxpay] %all be treat$ z a qualifi$ z]o-emission electricity taxpay]4 7d7 ,cr$it limit$ to replacem5t ( pa/ electricity g5]at+ capacity ,9 ! case ( a taxpay] ^: electricity g5]ation capacity exce$s ! annual av]age g5]at+ capacity ( g5]at+ units own$ by su* taxpay] dur+ ! #e-ye> p]iod end+ on ! date ( ! enactm5t ( ?is section1 !re %all n be tak5 into acc\nt "u subsection 7a7 ! co/ ( any qualifi$ z]o-emission electricity g5]at+ unit 7or a portion !re(7 plac$ 9 s]vice to ! ext5t1 "u su* rules z ! ,secret>y may by regulation prescribe1 su* excess g5]ation is allocable to su* qualifi$ z]o-emission electricity g5]at+ unit 7or a portion !re(74 7e7 ,transf]ability 7#a7 ,9 g5]al ,if ! qualifi$ z]o-emission electricity taxpay] elects to transf] all 7or any portion specifi$ 9 ! election7 ( ! cr$it det]m9$ "u ?is section = any taxable ye> ) respect to any qualifi$ z]o-emission electricity g5]at+ unit to an eligible project p>tn] = a specifi$ p]iod1 !n1 ! eligible project p>tn] specifi$ 9 su* election 7& n ! taxpay]7 %all be treat$ = purposes ( ?is title ) respect to su* cr$it 7or su* portion !re(7 z ! p]son produc+ & sell+ ! electricity to :i* su* cr$it 7or portion !re(7 relates4 7#b7 ,d$uction = paym5ts 9 connection ) transf] ,!re %all be all[$ z a d$uction "u "p ,,vi ( sub*apt] ,b an am\nt equal to ! am\nt paid by a taxpay] z consid]ation = a transf] describ$ 9 p>agraph 7#a74 7#c7 ,eligible project p>tn] 7,a7 ,= purposes ( ?is subsection1 ! t]m eligible project p>tn] means1 ) respect to any qualifi$ z]o-emission electricity g5]at+ unit1 any p]son :o-- 7i7 has an own]%ip int]e/ 9 su* qualifi$ z]o-emission electricity g5]at+ unit1 7ii7 provid$ equipm5t = or s]vices 9 ! con/ruction ( su* qualifi$ z]o-emission electricity g5]at+ unit1 7iii7 provides electric transmission or di/ribution s]vices = su* qualifi$ z]o-emission electricity g5]at+ unit1 7iv7 pur*ases electricity f su* qualifi$ z]o-emission electricity g5]at+ unit pursuant to a contract1 or 7v7 provides f9anc+ = su* qualifi$ z]o-emission electricity g5]at+ unit4 7,b7 ,= purposes ( subp>agraph 7,a77v71 any am\nt paid z consid]ation = a transf] describ$ 9 p>agraph 7#a7 %all n be treat$ z f9anc+ ( a qualifi$ z]o-emission electricity g5]at+ unit4 7#d7 ,taxable ye> 9 :i* cr$it tak5 into acc\nt ,9 ! case ( any cr$it 7or portion !re(7 ) respect to :i* an election is made "u p>agraph 7#a71 su* cr$it %all be tak5 into acc\nt 9 ! fir/ taxable ye> ( ! eligible project p>tn] end+ )1 or aft]1 ! elect+ taxpay]'s taxable ye> ) respect to :i* ! cr$it 0 det]m9$4 7#e7 ,limitations on election 7,a7 ,"t = election ,an election "u ?is subsection to transf] any portion ( ! cr$it all[$ "u ?is section %all be made n lat] ?an ! due date = ! return ( tax = ! elect+ taxpay]'s taxable ye> ) respect to :i* ! cr$it 0 det]m9$4 7,b7 ,no fur!r transf]s ,no election may be made "u ?is subsection by a taxpay] ) respect to any portion ( ! cr$it all[$ "u ?is section :i* has be5 previ\sly transf]r$ to su* taxpay] "u ?is p>agraph4 7,c7 ,treatm5t ( transf] "u private use rules ,= purposes ( section #ada7;b77#a71 any b5efit d]iv$ by an eligible project p>tn] 9 connection ) an election "u ?is subsection %all n be tak5 into acc\nt z a private bus9ess use4 7,d7 ,additional election requirem5ts ,! ,secret>y may prescribe su* regulations z may be appropriate to c>ry out ! purposes ( ?is subsection1 includ+-- 7i7 rules = det]m9+ :i* p]sons are eligible project p>tn]s ) respect to any en]gy prop]ty1 & 7ii7 requir+ in=mation to be includ$ 9 an election "u p>agraph 7#a7 or impos+ additional report+ requirem5ts4 7f7 ,t]m9ation ,?is section %all apply to taxable ye>s end+ be=e ,janu>y #a1 #bjej4 4 7b7 ,"p ( inve/m5t cr$it ,section #df ( su* ,code is am5d$ by /rik+ & at ! end ( p>agraph 7#e71 by /rik+ ! p]iod at ! end ( p>agraph 7#f7 & ins]t+ 1 &1 & by add+ at ! end ! foll[+ new p>agraph3 7#g7 ! z]o-emission electricity accel]ation inve/m5t cr$it4 4 7c7 ,direct pay 7#a7 ,9 g5]al ,section #fdca7;a7 ( su* ,code1 z add$ by ?is ,act1 is am5d$ by /rik+ or at ! end ( p>agraph 7#b71 by r$esignat+ p>agraph 7#c7 z p>agraph 7#d71 & by ins]t+ aft] p>agraph 7#b7 ! foll[+ new p>agraph3 7#c7 any portion ( a z]o-emission electricity accel]ation inve/m5t cr$it :i* w\ld 7)\t reg>d to ?is section7 be det]m9$ "u section #dh;,d orig9ally plac$ 9 s]vice aft] ,decemb] #ca1 #bjba1 4 7#b7 ,con=m+ am5dm5t ,section #fdca7;d7 ( su* ,code1 z add$ by ?is ,act1 is am5d$-- 7,a7 by /rik+ section #dh or ! & ins]t+ section #dh1 !1 & 7,b7 by ins]t+ aft] section #de ! foll[+3 1 or ! z]o-emission electricity accel]ation inve/m5t cr$it det]m9$ "u section #dh;,d4 7d7 ,normalization ,! p5ultimate s5t5ce ( section #ej7;d7 is am5d$ by ins]t+ aft] ! application ( section #dh7;a77#e7 is elect$ ! foll[+3 or any qualifi$ z]o-emission electricity g5]at+ unit ) respect to :i* ! z]o-emission electricity accel]ation inve/m5t cr$it is det]m9$ "u section #dh;,d4 7e7 ,cl]ical am5dm5t ,! table ( sections = subp>t ,e ( "p ,,iv ( sub*apt] ,a ( *apt] #a ( su* ,code is am5d$ by ins]t+ aft] ! item relat+ to section #dh;,c ! foll[+ new item3 ,sec4 #dh;,d4 ,z]o-emission electricity accel]ation inve/m5t cr$it4 4 7f7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ! date ( ! enactm5t ( ?is ,act4 #cjb4 ,z]o-emission electricity accel]ation grants 7a7 ,9 g5]al ,^u application1 ! ,secret>y ( ,en]gy %all1 subject to ! requirem5ts ( ?is section & ! availability ( appropriations = su* purpose1 provide a grant 9 an am\nt specifi$ "u subsection 7b7 to an eligible electricity provid] t1 dur+ a cal5d> ye>1 places into s]vice "o or m qualifi$ z]o-emission electricity g5]at+ units & ei!r-- 7#a7 7,a7 p]man5tly retires e exi/+ c>bon-emitt+ g5]at+ unit own$ by ! eligible electricity provid]2 & 7,b7 replaces ! g5]ation capacity ( ! c>bon-emitt+ g5]at+ units describ$ 9 subp>agraph 7,a7 ) ! g5]ation capacity ( su* qualifi$ z]o-emission electricity g5]at+ unit or units 9 suffici5t am\nts to satisfy ! condition specifi$ 9 subsection 7c72 or 7#b7 g5]ates n less ?an #hj p]c5t ( ! electricity sold by su* eligible electricity provid] us+ g5]at+ units ! op]ation ( :i* does n result 9 ! release ( c>bon dioxide into ! atmosph]e4 7b7 ,grant am\nt 7#a7 ,9 g5]al ,! am\nt ( ! grant "u subsection 7a7 ) respect to any qualifi$ z]o-emission electricity g5]at+ unit plac$ 9 s]vice dur+ a cal5d> ye> %all be ! applicable p]c5tage ( ! co/ ( su* qualifi$ z]o-emission electricity g5]at+ unit4 7#b7 ,applicable p]c5tage ,= purposes ( p>agraph 7#a71 ! t]m applicable p]c5tage means-- 7,a7 = grants provid$ "u subsection 7a77#a7-- 7i7 #ej p]c5t 9 ! case ( a qualifi$ z]o-emission electricity g5]at+ unit t is plac$ into s]vice betwe5 ! date ( enactm5t ( ?is ,act & ,decemb] #ca1 #bjbe2 7ii7 #dh p]c5t 9 ! case ( a qualifi$ z]o-emission electricity g5]at+ unit t is plac$ into s]vice dur+ cal5d> ye> #bjbf2 7iii7 #df p]c5t 9 ! case ( a qualifi$ z]o-emission electricity g5]at+ unit t is plac$ into s]vice dur+ cal5d> ye> #bjbg2 7iv7 #dd p]c5t 9 ! case ( a qualifi$ z]o-emission electricity g5]at+ unit t is plac$ into s]vice dur+ cal5d> ye> #bjbh2 7v7 #db p]c5t 9 ! case ( a qualifi$ z]o-emission electricity g5]at+ unit t is plac$ into s]vice dur+ cal5d> ye> #bjbi2 7vi7 #dj p]c5t 9 ! case ( a qualifi$ z]o-emission electricity g5]at+ unit t is plac$ into s]vice dur+ cal5d> ye> #bjcj2 7vii7 #ch p]c5t 9 ! case ( a qualifi$ z]o-emission electricity g5]at+ unit t is plac$ into s]vice dur+ cal5d> ye> #bjca2 7viii7 #cf p]c5t 9 ! case ( a qualifi$ z]o-emission electricity g5]at+ unit t is plac$ into s]vice dur+ cal5d> ye> #bjcb2 7ix7 #cd p]c5t 9 ! case ( a qualifi$ z]o-emission electricity g5]at+ unit t is plac$ into s]vice dur+ cal5d> ye> #bjcc2 7x7 #cb p]c5t 9 ! case ( a qualifi$ z]o-emission electricity g5]at+ unit t is plac$ into s]vice dur+ cal5d> ye> #bjcd2 & 7xi7 #cj p]c5t 9 ! case ( a qualifi$ z]o-emission electricity g5]at+ unit t is plac$ into s]vice dur+ cal5d> ye> #bjce2 & 7,b7 = grants provid$ "u subsection 7a77#b7-- 7i7 #dc p]c5t 9 ! case ( a qualifi$ z]o-emission electricity g5]at+ unit t is plac$ into s]vice betwe5 ! date ( enactm5t ( ?is ,act & ,decemb] #ca1 #bjbe2 7ii7 #da p]c5t 9 ! case ( a qualifi$ z]o-emission electricity g5]at+ unit t is plac$ into s]vice dur+ cal5d> ye> #bjbf2 7iii7 #ci p]c5t 9 ! case ( a qualifi$ z]o-emission electricity g5]at+ unit t is plac$ into s]vice dur+ cal5d> ye> #bjbg2 7iv7 #cg p]c5t 9 ! case ( a qualifi$ z]o-emission electricity g5]at+ unit t is plac$ into s]vice dur+ cal5d> ye> #bjbh2 7v7 #ce p]c5t 9 ! case ( a qualifi$ z]o-emission electricity g5]at+ unit t is plac$ into s]vice dur+ cal5d> ye> #bjbi2 & 7vi7 #cc p]c5t 9 ! case ( a qualifi$ z]o-emission electricity g5]at+ unit t is plac$ into s]vice dur+ cal5d> ye> #bjcj4 7c7 ,conditions = ! grant ,no grant %all be made "u ?is section unless ! ,secret>y ( ,en]gy det]m9es t ! eligible electricity provid]1 z ( ,decemb] #ca/ ( ! cal5d> ye> ! qualifi$ z]o-emission electricity g5]at+ unit = :i* a grant w be provid$ is plac$ 9 s]vice1 owns g5]at+ units t h an aggregate g5]ation capacity t is n less ?an ! annualiz$ am\nt ( g5]ation capacity t is own$ by su* eligible electricity provid] dur+ ! #e-ye> p]iod end+ on ! date ( ! enactm5t ( ?is section4 7d7 ,application ( c]ta9 rules ,9 mak+ grants "u subsection 7a77#a71 ! ,secret>y ( ,en]gy %all apply rules simil> to ! rules ( section #ej ( ! ,int]nal ,rev5ue ,code ( #aihf 7o!r ?an subsections 7b77#c7 & 7b77#d77;,a77i7 !re(74 ,9 apply+ su* rules1 if an eligible electricity provid] acquires a c>bon-emitt+ g5]at+ unit aft] a grant is made to ! eligible electricity provid]1 ! ,secret>y %all provide = ! recapture ( ! appropriate p]c5tage ( ! grant am\nt 9 su* mann] z ! ,secret>y det]m9es appropriate4 7e7 ,duration ,grants may be made-- 7#a7 "u subsection 7a77#a7 = qualifi$ z]o-emission electricity g5]at+ units t are plac$ into s]vice aft] ! date ( enactm5t ( ?is ,act ?r\gh cal5d> ye> #bjce2 & 7#b7 "u subsection 7a77#b7 = qualifi$ z]o-emission electricity g5]at+ units t are plac$ into s]vice aft] ! date ( enactm5t ( ?is ,act ?r\gh cal5d> ye> #bjcj4 7f7 ,def9itions ,= purposes ( ?is section3 7#a7 ,c>bon-emitt+ g5]at+ unit ,! t]m c>bon-emitt+ g5]at+ unit means a g5]at+ unit ! op]ation ( :i* results 9 ! release ( c>bon dioxide to ! atmosph]e4 7#b7 ,eligible electricity provid] ,! t]m eligible electricity provid] means an entity 9 ! ,unit$ ,/ates t-- 7,a7 owns "o or m g5]at+ units2 & 7,b7 sells ! electricity g5]at$ by su* g5]at+ units4 7#c7 ,g5]at+ unit ,! t]m g5]at+ unit has ! mean+ giv5 su* t]m 9 section #bja ( ! ,clean ,en]gy ,innovation & ,deploym5t ,act ( #bjba4 7#d7 ,qualifi$ z]o-emission electricity g5]at+ unit ,! t]m qualifi$ z]o-emission electricity g5]at+ unit means a g5]at+ unit-- 7,a7 t is plac$ into s]vice aft] ! date ( enactm5t ( ?is section2 & 7,b7 ! op]ation ( :i* does n result 9 ! release ( c>bon dioxide into ! atmosph]e4 #cjc4 ,recipi5ts ( c]ta9 clean en]gy inve/m5t tax cr$its ,any p]son :o-- 7#a7 is all[$ a tax cr$it "u section #de,v ( ! ,int]nal ,rev5ue ,code ( #aihf = any taxable ye> %all n be provid$ a grant "u section #cjb dur+ any fiscal ye>2 & 7#b7 receives a grant "u section #cjb dur+ any fiscal ye> %all n be all[$ a tax cr$it "u section #de,v ( su* ,code = any taxable ye>4 ,b ,c>bon-,t>get$ z]o-,emission electricity tax cr$it #caa4 ,c>bon-t>get$ z]o-emission electricity tax cr$it 7a7 ,9 g5]al ,subp>t ,d ( "p ,,iv ( sub*apt] ,a ( *apt] #a ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+3 #de,u4 ,c>bon-t>get$ z]o-emission electricity tax cr$it 7a7 ,am\nt ( cr$it 7#a7 ,9 g5]al ,= purposes ( section #ch1 ! c>bon-t>get$ z]o-emission electricity tax cr$it = any taxable ye> is an am\nt equal to ! product (-- 7,a7 #b4d c5ts1 multipli$ by 7,b7 ! kil[att h\rs ( electricity-- 7i7 produc$ by ! taxpay]-- 7,i7 f qualifi$ en]gy res\rces1 & 7,,ii7 at a qualifi$ facility1 & 7ii7 sold by ! taxpay] to an unrelat$ p]son dur+ ! taxable ye>4 7#b7 ,r$evelopm5t cr$it ,a qualifi$ facility %all receive an additional #j4e c5ts p] ,k,wh if su* facility is plac$ 9 s]vice on a br[nfield site 7z def9$ 9 #db ,u4,s4,c4 #ifja7ci771 l&fill1 ab&on$ m9e1 or reclamation site4 7#c7 ,cr$it gradi5t = co-b5efits ,! ,secret>y %all develop an additional cr$it1 9 consultation ) ! ,secret>y ( ,agriculture & ! ,director ( ! ,fi% & ,wildlife ,s]vice1 = new developm5t or r$evelopm5t projects on degrad$ l&s t w\ld enhance ecological co-b5efits includ+-- 7,a7 biodiv]sity1 7,b7 habitat connectivity1 & 7,c7 wat] quality4 7#d7 ,non-fossil fuel combu/ion & gasification ,9 ! case ( a qualifi$ facility t produces electricity ?r\gh combu/ion or gasification ( a non-fossil fuel1 ! c>bon dioxide emissions rate = su* facility %all be equal to ! net rate ( c>bon dioxide emitt$ into ! atmosph]e by su* facility 7tak+ into acc\nt ! am\nt ( lifecycle gre5h\se gas emissions71 9 ! production ( electricity1 express$ z grams ( ,,co#b;e p] ,k,wh4 7#e7 ,specific requirem5ts ,9 ! case ( biomass-bas$ electricity production1 a qualifi$ facility mu/ meet ! requir$ def9ition ( r5ewable biomass4 7#f7 ,c>bon capture & seque/ration equipm5t ,= purposes ( ?is subsection1 ! am\nt ( gre5h\se gases emitt$ into ! atmosph]e by a qualifi$ facility 9 ! production ( electricity %all n include any qualifi$ c>bon dioxide or o!r c>bon oxide 7z def9$ 9 section #de,q7c77#a77;,b77 t is captur$ by ! taxpay] &-- 7,a7 dispos$ ( by ! taxpay] 9 secure geological /orage 9 a mann] t satisfies ! measures e/abli%$ by regulation "u section #de,q7f77#b71 or 7,b7 utiliz$ by ! taxpay] 9 a mann] describ$ 9 section #de,q7f77#e74 7#g7 ,only production 9 ! ,unit$ ,/ates tak5 into acc\nt ,consumption or sales %all be tak5 into acc\nt "u ?is section only ) respect to electricity1 ! production ( :i* is )9 ! ,unit$ ,/ates or any t]ritory or possession ( ! ,unit$ ,/ates4 7#h7 ,comb9$ heat & p[] sy/em prop]ty ,= purposes ( p>agraph 7#a77;,c71 ! kil[att h\rs ( electricity produc$ by a taxpay] at a qualifi$ facility %all include any production 9 ! =m ( useful !rmal en]gy by any comb9$ heat & p[] sy/em prop]ty )9 su* facility4 7#i7 ,inflation adju/m5t 7,a7 ,9 g5]al ,9 ! case ( a cal5d> ye> beg9n+ aft] #bjbb1 ! #b4d c5t am\nt 9 subsection 7b77#a77;,a7 %all be adju/$ by multiply+ su* am\nt by ! inflation adju/m5t factor = ! cal5d> ye> 9 :i* ! sale or use ( ! electricity occurs4 ,if any am\nt z increas$ "u ! prec$+ s5t5ce is n a multiple ( #j4a c5t1 su* am\nt %all be r\nd$ to ! ne>e/ multiple ( #j4a c5t4 7,b7 ,annual computation ,! ,secret>y %all1 n lat] ?an ,april #a ( ea* cal5d> ye>1 det]m9e & publi% 9 ! ,f$]al ,regi/] ! inflation adju/m5t factor = su* cal5d> ye> 9 accordance ) ?is subsection4 7,c7 ,inflation adju/m5t factor ,! t]m inflation adju/m5t factor means1 ) respect to a cal5d> ye>1 a fraction1 ! num]ator ( :i* is ! ,,gdp implicit price deflator = ! prec$+ cal5d> ye> & ! d5om9ator ( :i* is ! ,,gdp implicit price deflator = ! cal5d> ye> #bjba4 ,! t]m ,,gdp implicit price deflator means ! mo/ rec5t revision ( ! implicit price deflator = ! gross dome/ic product z comput$ & publi%$ by ! ,dep>tm5t ( ,comm]ce be=e ,m>* #ae ( ! cal5d> ye>4 7b7 ,def9itions ,= purposes ( ?is section-- 7#a7 ,c>bon dioxide emission rate ,= purposes ( ?is section1 ! t]m c>bon dioxide emissions rate means ! am\nt ( c>bon dioxide emitt$ into ! atmosph]e by a qualifi$ facility 9 ! production ( electricity1 express$ z grams ( ,,co#b;e p] ,k,wh4 7#b7 ,,co#b;e p] ,k,wh ,! t]m ,,co#b;e p] ,k,wh means1 ) respect to any gre5h\se gas1 ! equival5t volume ( c>bon dioxide emitt$ 7z det]m9$ bas$ on relative global w>m+ pot5tial7 p] kil[att h\r ( electricity produc$4 7#c7 ,qualifi$ facility ,! t]m qualifi$ facility means a facility t is-- 7,a7 us$ = ! g5]ation ( electricity1 & 7,b7 orig9ally plac$ 9 s]vice aft] ,decemb] #ca1 #bjba1 & be=e ! ,unit$ ,/ates electricity-g5]at+ sector emits a net total ( z]o c>bon dioxide-equival5t emissions1 aft] acc\nt+ = c>bon dioxide removal /rategies1 7,c7 locat$ 9 a qualify+ ,/ate1 & 7,d7 c]tifi$ to produce electricity at a c>bon dioxide emission rate bel[ ! qualify+ facility emission rate4 7#d7 ,limitations 7,a7 #aj-ye> cr$it ,= purposes ( ?is section1 a facility %all only be treat$ z a qualifi$ facility dur+ ! #aj-ye> p]iod beg9n+ on ! date ! facility 0 orig9ally plac$ 9 s]vice4 7,b7 ,exi/+ facilities ,9 ! case ( a facility t 0 plac$ 9 s]vice be=e ,janu>y #a1 #bjbb1 b is o!rwise describ$ 9 p>agraph 7#c71 su* facility %all be a qualifi$ facility1 b only to ! ext5t ( ! increas$ am\nt ( electricity produc$ at ! facility by reason ( ! foll[+3 7i7 a new unit plac$ 9 s]vice aft] ,decemb] #ca1 #bjba1 or 7ii7 any effici5cy improvem5ts or additions ( capacity plac$ 9 s]vice aft] ,decemb] #ca1 #bjba4 7#e7 ,qualifi$ facility emission rate ,! qualifi$ facility emission rate is #aej grams ( ,,co#b;e p] ,k,wh4 7#f7 ,qualify+ ,/ate 7,a7 ,9 g5]al ,! t]m qualify+ /ate means a /ate det]m9$ by ! ,secret>y1 9 consultation ) ! ,secret>y ( ,en]gy1 to h an above-m$ian m>g9al c>bon dioxide emission rate = ! electricity sector4 7,b7 ,publication ,! ,secret>y %all annually publi% ! li/ ( su* ,/ates4 7#g7 ,m>g9al c>bon dioxide emission rate ,! t]m m>g9al c>bon dioxide emission rate is def9$ z ! %ort-run m>g9al emission rate = end-use load1 :i* is ! rate ( emissions t w\ld be induc$ by a m>g9al increase 9 a region's load at a specific po9t 9 "t4 ,! value is ! emission rate ( :i*ev] g5]ator w\ld h s]v$ ! m>g9al increase 9 load1 modifi$ by any relevant transmission1 di/ribution1 & effici5cy losses4 7#h7 ,comb9$ heat & p[] sy/em prop]ty ,= purposes ( ?is p>agraph1 ! t]m comb9$ heat & p[] sy/em prop]ty has ! same mean+ giv5 su* t]m by section #dh7;c77#c7 7)\t reg>d to subp>agraphs 7,a77iv71 7,b71 & 7,d7 !re(74 7#i7 ,r5ewable biomass 7,a7 ,9 g5]al ,! t]m r5ewable biomass means-- 7i7 crop byproducts or crop residues t-- 7,i7 are h>ve/$ f actively manag$ or fall[ agricultural l& t is cle>$ prior to ,janu>y #a1 #bjba1 & 7,,ii7 are procur$ at a rate t adequately ma9ta9s soil c>bon & prev5ts erosion2 7ii7 clos$-loop biomass z def9$ 9 section #aiad7;c77,b77#b7 ( ! ,en]gy ,policy ,act ( #aiib h>ve/$ f l& cle>$ prior to ,janu>y #a1 #bjba2 7iii7 byproducts ( wood or pap] mill op]ations1 includ+ lign9 9 sp5t pulp+ liquors2 7iv7 algae2 7v7 nonhaz>d\s plant matt] d]iv$ f wa/e-- 7,i7 includ+ sep>at$ y>d wa/e1 l&scape "r-(-way trimm+s1 & food wa/e2 b 7,,ii7 n includ+ municipal solid wa/e1 recyclable wa/e pap]1 pa9t$1 treat$ or pressuriz$ wood1 or wood contam9at$ ) pla/ic or metals2 & 7vi7 vegetative matt] remov$ f )9 #bjj y>ds ( any man-made /ructure or campgr\nd = ! purposes ( haz>d\s fuels ?9n+4 7,b7 ,exclusion ( invasive species 7i7 ,9 g5]al ,not)/&+ subp>agraph 7,a71 except z provid$ 9 clause 7ii71 ! t]m r5ewable biomass does n include any matt] d]iv$ f a plant t is invasive or noxi\s1 or f a species or v>iety ( plants t cr$ible risk assessm5t tools or o!r cr$ible s\rces det]m9e is pot5tially invasive1 z det]m9$ by ! ,secret>y1 9 consultation ) o!r appropriate ,f$]al or ,/ate dep>tm5ts & ag5cies4 7ii7 ,exception ,! t]m r5ewable biomass includes matt] d]iv$ f a plant t is invasive or noxi\s1 or f a species or v>iety ( plants t cr$ible risk assessm5t tools or o!r cr$ible s\rces det]m9e is pot5tially invasive1 if-- 7,i7 ! matt] 0 remov$ = purposes ( control or eradication ( ! invasive1 noxi\s1 or pot5tially invasive plant2 & 7,,ii7 ! invasive1 noxi\s1 or pot5tially invasive plant 0 n plant$ = ! purpose ( us+ ! plant z an en]gy crop4 7#aj7 ,degrad$ l&s ,! t]m degrad$ l&s means l& t has lo/ a l>ge degree ( its natural productivity due to human-caus$ processes1 ! scope ( :i* %all be def9$ by ! ,secret>y1 9 consultation ) ! ,secret>y ( ,agriculture & ! ,director ( ! ,fi% & ,wildlife ,s]vice4 7c7 ,transf]ability 7#a7 ,9 g5]al ,if1 ) respect to a cr$it "u subsection 7a7 = any taxable ye>-- 7,a7 a qualifi$ facility w\ld be ! taxpay] 7b = ?is subp>agraph71 7,b7 su* facility elects ! application ( ?is p>agraph = su* taxable ye> ) respect to all 7or any portion specifi$ 9 su* election7 ( su* cr$it1 & 7,c7 ! eligible project p>tn] specifi$ 9 su* election1 & n ! qualifi$ facility1 %all be treat$ z ! taxpay] = purposes ( ?is title ) respect to su* cr$it 7or su* portion !re(74 7#b7 ,eligible project p>tn] ,= purposes ( ?is p>agraph1 ! t]m eligible project p>tn] means any p]son :o-- 7,a7 is responsible =1 or p>ticipates 91 ! design or con/ruction ( ! qualifi$ facility to :i* ! cr$it "u subsection 7a7 relates1 7,b7 is a f9ancial in/itution provid+ f9anc+ = ! con/ruction or op]ation ( su* facility1 or 7,c7 has an own]%ip int]e/ 9 su* facility4 7d7 ,special rules 7#a7 ,production attributable to ! taxpay] ,9 ! case ( a qualifi$ facility 9 :i* m ?an #a p]son has an own]%ip int]e/1 except to ! ext5t provid$ 9 regulations prescrib$ by ! ,secret>y1 production f ! facility %all be allocat$ among su* p]sons 9 proportion to _! respective own]%ip int]e/s 9 ! gross sales f su* facility4 7#b7 ,relat$ p]sons ,p]sons %all be treat$ z relat$ to ea* o!r if su* p]sons w\ld be treat$ z a s+le employ] "u ! regulations prescrib$ "u section #eb7;b74 ,9 ! case ( a corporation :i* is a memb] ( an affiliat$ gr\p ( corporations fil+ a consolidat$ return1 su* corporation %all be treat$ z sell+ electricity to an unrelat$ p]son if su* electricity is sold to su* a p]son by ano!r memb] ( su* gr\p4 7#c7 ,pass-?ru 9 ! case ( e/ates & tru/s ,"u regulations prescrib$ by ! ,secret>y1 rules simil> to ! rules ( subsection 7d7 ( section #eb %all apply4 7e7 ,additional consid]ations ,= purposes ( subsection 7b77#c71 ! ,secret>y %all take into consid]ation only ^? facilities t-- 7#a7 ensure labor]s & me*anics employ$ by contractors & subcontractors 9 ! p]=mance ( any qualify+ advanc$ en]gy project %all be paid wages at rates n less ?an ! prevail+ rates on projects ( a simil> "* 9 ! locality z det]m9$ by ! ,secret>y ( ,labor1 9 accordance ) sub*apt] ,,iv ( *apt] #ca ( title #dj1 ,unit$ ,/ates ,code1 7#b7 ensure t1 to ! maximum ext5t feasible1 iron1 /eel1 & manufactur$ products us$ 9 ! facility are produc$ 9 ! ,unit$ ,/ates1 & 7#c7 prioritize hir+ ( dislocat$ work]s :o 7 previ\sly employ$ 9 manufactur+1 coal p[] plants1 or coal m9+4 4 7b7 ,adm9i/ration ( cr$it ,! ,secret>y ( ! ,treasury %all implem5t ! c>bon-t>get$ z]o-emission electricity tax cr$it "u section #de ( ! ,int]nal ,rev5ue ,code ( #aihf1 z add$ by ?is ,act1 9 consultation ) ! ,secret>y ( ,en]gy4 7c7 ,cr$it "p ( g5]al bus9ess cr$it ,section #ch7;b7 is am5d$ by /rik+ plus at ! end ( p>agraph 7#cb71 by /rik+ ! p]iod at ! end ( p>agraph 7#cc7 & ins]t+ 1 plus1 & by add+ at ! end ! foll[+ new p>agraph3 7#cd7 ! c>bon-t>get$ z]o-emission electricity tax cr$it det]m9$ "u section #de,u4 4 7d7 ,cl]ical am5dm5t ,! table ( sections = subp>t ,d ( "p ,,iv ( sub*apt] ,a ( *apt] #a is am5d$ by add+ at ! end ! foll[+ new item3 ,sec4 #de,u4 ,c>bon-t>get$ z]o-emission electricity tax cr$it4 4 7e7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s end+ aft] ! date ( ! enactm5t ( ?is ,act4 #cab4 ,election to treat c>bon-t>get$ z]o-emission electricity facility z en]gy prop]ty 7a7 ,9 g5]al ,section #dh7;a77#e77;,c77i7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$-- 7#a7 by /rik+ :i* is a qualifi$ facility 7)9 ! mean+ ( section #de7 & ins]t+ ! foll[+3 :i* is-- 7,i7 a qualifi$ facility 7)9 ! mean+ ( section #de7 1 7#b7 by ins]t+ or at ! end1 & 7#c7 by add+ at ! end ! foll[+ new subclause3 7,,ii7 a qualifi$ facility 7z def9$ 9 section #de,u7b77#c774 4 7b7 ,increase 9 cr$it p]c5tage = c]ta9 facilities ,section #dh7;a77#e7 ( su* ,code is am5d$ by add+ at ! end ! foll[+ new subp>agraph3 7,g7 ,increase 9 cr$it p]c5tage = c>bon-t>get$ z]o-emission electricity facility plac$ 9 s]vice on br[nfield site ,9 ! case ( a qualifi$ facility describ$ 9 section #de,u7a77#b71 subp>agraph 7,a77ii7 %all be appli$ by sub/itut+ #ce p]c5t = #cj p]c5t4 4 7c7 ,normalization rules ,section #ej7;d7 ( su* ,code is am5d$ by add+ at ! end ! foll[+ new s5t5ce3 ,at ! election ( a taxpay] ) respect to public utility prop]ty1 ! rules ( ! section #df7;f7 ref]r$ to 9 p>agraph 7#b7 %all n apply to en]gy prop]ty 7z def9$ 9 section #dh7;a77#c77 :i* is a qualifi$ facility 7z def9$ 9 section #de,u7b77#c77 ) respect to :i* ! application ( section #dh7;a77#e7 is elect$4 ,su* election %all be made on a prop]ty-by-prop]ty basis on a timely fil$ return = ! taxable ye> 9 :i* su* prop]ty is plac$ 9 s]vice1 & once made1 may be revok$ only ) ! cons5t ( ! ,secret>y44 7d7 ,con=m+ am5dm5ts 7#a7 ,section #dh7;a77#e77;,b7 ( su* ,code is am5d$ by ins]t+ or #de,u aft] section #de4 7#b7 ,section #dh7;a77#e77;,c77ii7 ( su* ,code is am5d$ by ins]t+ 79 ! case ( a qualifi$ facility describ$ 9 clause 7i77,i77 aft] :i* is4 7e7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s end+ aft] ! date ( ! enactm5t ( ?is ,act4 #cac4 ,en]gy tax cr$it monetization 7a7 ,9 g5]al ,sub*apt] ,b ( *apt] #fe ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+ new section3 #fdca4 ,elective paym5t ( production & inve/m5t tax cr$its = c>bon-t>get$ z]o-emission electricity facilities 7a7 ,en]gy prop]ty ,9 ! case ( a taxpay] mak+ an election 7at su* "t & 9 su* mann] z ! ,secret>y may provide7 "u ?is section ) respect to-- 7#a7 any portion ( an en]gy cr$it :i* w\ld 7)\t reg>d to ?is section7 be det]m9$ "u section #dh ) respect to a qualifi$ facility 7z def9$ 9 section #de,u7b77#c77 orig9ally plac$ 9 s]vice aft] ,decemb] #ca1 #bjba1 7#b7 any portion ( a c>bon-t>get$ z]o-emission electricity tax cr$it :i* w\ld 7)\t reg>d to ?is section7 be det]m9$ "u section #de,u ) respect to prop]ty orig9ally plac$ 9 s]vice aft] ,decemb] #ca1 #bjba1 or 7#c7 any portion ( a cr$it c>ry=w>d to ! ext5t attributable to ! portion ( su* a cr$it t is all[$ "u section #ch7;a77#a7 7det]m9$ )\t reg>d to section #ch7;c77 = taxable ye>s end+ aft] ,decemb] #ca1 #bjba1 su* taxpay] %all be treat$ z mak+ a paym5t aga9/ ! tax impos$ by subtitle ,a = ! taxable ye> equal to su* am\nt4 7b7 ,tim+ ,! paym5t describ$ 9 subsection 7a7 %all be treat$ z made on ! lat] ( ! due date ( ! return ( tax 7det]m9$ )\t ext5sions7 = su* taxable ye> or ! date on :i* su* return is fil$4 7c7 ,exclusion f gross income ,gross income ( ! taxpay] %all be det]m9$ )\t reg>d to ?is section4 7d7 ,d5ial ( d\ble b5efit ,solely = purposes ( section #ch1 9 ! case ( a taxpay] mak+ an election "u ?is section1 ! en]gy cr$it det]m9$ "u section #dh or ! r5ewable electricity production cr$it det]m9$ "u section #de %all be r$uc$ by ! am\nt ( ! portion ( su* cr$it ) respect to :i* ! taxpay] makes su* election4 7e7 ,special rules 7#a7 ,9 ! case ( a taxpay] mak+ an election "u ?is section1 ! cr$it subject to su* an election %all be det]m9$ not)/&+-- 7,a7 section #ej7;b77#c72 & 7,b7 section #ej7;b77#d7 = an entity describ$ 9 #ej7;b77#d77;,a77i74 7#b7 ,9 ! case ( a mutual or coop]ative electric company describ$ 9 ?is p>agraph or an organization describ$ 9 section #acha7;a77#b71 income receiv$ or accru$ 9 connection ) ! refund+ or direct paym5t ( cr$it "u ?is section %all be treat$ z an am\nt collect$ f memb]s = ! sole purpose ( meet+ losses & exp5ses4 4 7b7 ,cl]ical am5dm5t ,! table ( sections = sub*apt] ,b ( *apt] #fe ( su* ,code is am5d$ by add+ at ! end ! foll[+ new item3 ,sec4 #fdca4 ,elective paym5t ( production & inve/m5t tax cr$its = c>bon-t>get$ z]o-emission electricity facilities4 4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s end+ aft] ! date ( ! enactm5t ( ?is ,act4 ,,iv ,l[-,income ,rate-,pay] ,protection #djj4 ,purpose ,! purpose ( ?is title is to provide l[-income resid5ts te*nical & f9ancial assi/ance to help r$uce en]gy bills1 includ+ by mak+ homes m en]gy effici5t4 #dja4 ,wea!rization assi/ance program 7a7 ,dwell+ unit av]ages ,section #dae7;c7 ( ! ,en]gy ,cons]vation & ,production ,act 7#db ,u4,s4,c4 #fhfe7;c77 is am5d$-- 7#a7 9 p>agraph 7#a71 by /rik+ #f1ejj p] dwell+ unit & ins]t+ #aj1jjj p] dwell+ unit2 & 7#b7 9 p>agraph 7#d71 by /rik+ #c1jjj p] dwell+ unit & ins]t+ #h1jjj p] dwell+ unit4 7b7 ,au?orization ,section #dbb ( ! ,en]gy ,cons]vation & ,production ,act 7#db ,u4,s4,c4 #fhgb7 is am5d$ by /rik+ p>agraphs 7#a7 & 7#b7 & ins]t+ ! foll[+3 7#a7 #cej1jjj1jjj = fiscal ye> #bjbb2 7#b7 #djj1jjj1jjj = fiscal ye> #bjbc2 7#c7 #ejj1jjj1jjj = fiscal ye> #bjbd2 7#d7 #fjj1jjj1jjj = fiscal ye> #bjbe2 & 7#e7 #gjj1jjj1jjj = fiscal ye> #bjbf4 4 #djb4 ,,liheap au?orization ,section #bfjb ( ! ,l[-,income ,home ,en]gy ,assi/ance ,act ( #aiha 7#db ,u4,s4,c4 #hfba7 is am5d$-- 7#a7 9 subsection 7b71 by /rik+ ?r\gh #bjjg & ins]t+ ?r\gh #bjcj2 & 7#b7 9 subsection 7d7-- 7,a7 9 p>agraph 7#a71 by /rik+ ?r\gh #bjjd & ins]t+ ?r\gh #bjcj2 & 7,b7 9 p>agraph 7#b71 by /rik+ ?r\gh #bjjd & ins]t+ ?r\gh #bjcj4 ,v ,en]gy ,work=ce ,transition & ,tra9+ #ejj4 ,purposes & def9itions 7a7 ,purposes ,! purposes ( ?is title are to provide = a transition to a mod]n en]gy sy/em1 includ+ by ensur+ t-- 7#a7 ! ,unit$ ,/ates has a work=ce prep>$ to address ! ne$s ( ! mod]n en]gy sy/em2 7#b7 work]s 9 decl9+ en]gy sectors & 9 dis5fran*is$ communities acquire well-pay+ jobs 9 gr[+ en]gy sectors2 7#c7 communities1 especially ^? t are disproportionately vuln]able to ! impacts ( climate *ange & o!r pollution1 c be made resili5t to ! impacts ( climate *ange2 & 7#d7 communities t are prim>ily dep5d5t on fossil fuel rev5ues c be made resili5t to ! economic impacts ( en]gy transition4 7b7 ,def9itions ,9 ?is title3 7#a7 ,advisory committee ,! t]m ,advisory ,committee means ! ,en]gy ,work=ce ,transition ,advisory ,committee e/abli%$ by section #eaa7;e74 7#b7 ,appr5tice%ip program ,! t]m appr5tice%ip program means an appr5tice%ip regi/]$ "u ! ,act ( ,augu/ #af1 #aicg 7#bi ,u4,s4,c4 #ej et seq47 7commonly kn[n z ! ,national ,appr5tice%ip ,act71 t meets ! requirem5ts ( p>ts #bi & #cj ( title #bi1 ,code ( ,f$]al ,regulations1 z 9 effect on ,decemb] #cj1 #bjai4 7#c7 ,director ,! t]m ,director means ! ,director ( ! ,(fice4 7#d7 ,en]gy-relat$ facility ,! t]m en]gy-relat$ facility includes a coal m9e1 a coal-fuel$ electric g5]at+ facility1 an oil & natural gas extraction op]ation1 or a natural gas-fuel$ electric g5]at+ facility4 7#e7 ,en]gy-relat$ indu/rial facility ,! t]m en]gy-relat$ indu/rial facility includes a facility 9 ! manufactur+ & transportation supply *a9s ( an en]gy-relat$ facility4 7#f7 ,en]gy transition community ,! t]m en]gy transition community means a municipality1 c\nty1 region1 or ,tribal or indig5\s community t has be5 affect$ s9ce cal5d> ye> #bjjh or lat]1 or t demon/rates x w be impact$ 9 ! next #cf mon?s1 by ! loss ( #ej or m jobs 9 total z a result ( ! closure ( a en]gy-relat$ facility1 a en]gy-relat$ indu/rial facility1 or o!r type ( en]gy-relat$ entity1 z det]m9$ by ! ,director4 7#g7 ,en]gy transition work] ,! t]m en]gy transition work] means a work]1 includ+ a work] employ$ by contractors or subcontractors1 :o is t]m9at$1 laid (f f employm5t1 or ^: "w h\rs h be5 r$uc$1 on or aft] ! date ( enactm5t ( ?is ,act1 f a en]gy-relat$ facility1 en]gy-relat$ indu/rial facility1 or o!r type ( en]gy-relat$ entity4 7#h7 ,en]gy ,work=ce ,transition ,plan ,! t]m ,en]gy ,work=ce ,transition ,plan means ! plan develop$ "u section #eaa7;e74 7#i7 ,environm5tal ju/ice community ,! t]m environm5tal ju/ice community means a community ) significant repres5tation ( communities ( color1 l[-income communities1 or ,tribal & indig5\s communities1 t exp]i5ces1 or is at risk ( exp]i5c+1 high] or m adv]se human heal? or environm5tal effects4 7#aj7 ,indian ,tribe ,! t]m ,indian ,tribe has ! mean+ giv5 su* t]m 9 section #d ( ! ,indian ,self-,det]m9ation & ,education ,assi/ance ,act 7#be ,u4,s4,c4 #ecjd74 7#aa7 ,in/itution ( high] education ,! t]m in/itution ( high] education has ! mean+ giv5 su* t]m 9 section #aja ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajja74 7#ab7 ,labor organization ,! t]m labor organization has ! mean+ giv5 su* t]m 9 section #b ( ! ,national ,labor ,relations ,act 7#bi ,u4,s4,c4 #aeb74 7#ac7 ,local educational ag5cy ,! t]m local educational ag5cy has ! mean+ giv5 su* t]m 9 section #haja ( ! ,elem5t>y & ,second>y ,education ,act ( #aife 7#bj ,u4,s4,c4 #ghja74 7#ad7 ,local work=ce developm5t bo>d ,! t]m local work=ce developm5t bo>d means a bo>d e/abli%$ "u section #ajg ( ! ,work=ce ,innovation & ,opportunity ,act 7#bi ,u4,s4,c4 #cabb74 7#ae7 ,memb] ( ! res]ve compon5ts ( ! arm$ =ces ,! t]m memb] ( ! res]ve compon5ts ( ! ,arm$ ,=ces means a memb] ( !-- 7,a7 ,army ,national ,gu>d ( ! ,unit$ ,/ates2 7,b7 ,army ,res]ve2 7,c7 ,navy ,res]ve2 7,d7 ,m>9e ,corps ,res]ve2 7,e7 ,air ,national ,gu>d ( ! ,unit$ ,/ates2 7,f7 ,air ,=ce ,res]ve2 or 7,g7 ,coa/ ,gu>d ,res]ve4 7#af7 ,m9ority in/itution ,! t]m m9ority in/itution has ! mean+ giv5 t t]m 9 section #cfe7c7 ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajfgk7#c774 7#ag7 ,nonpr(it organization ,! t]m nonpr(it organization means a gr\p organiz$ = purposes o!r ?an g5]at+ pr(it & 9 :i* no "p ( ! organization's income is di/ribut$ to its memb]s1 directors1 or (fic]s4 7#ah7 ,(fice ,! t]m ,(fice means ! ,en]gy ,work=ce ,transition ,(fice e/abli%$ by section #eaa4 7#ai7 ,pre-appr5tice%ip ,! t]m pre-appr5tice%ip means1 ) respect to a program1 an initiative or set ( /rategies t-- 7,a7 is design$ to prep>e p>ticipants to ent] an appr5tice%ip program2 7,b7 is c>ri$ out by an eligible sponsor t has a docum5t$ p>tn]%ip ) "o or m sponsors ( appr5tice%ip programs2 & 7,c7 includes ea* ( ! foll[+3 7i7 ,tra9+ 7includ+ a curriculum = ! tra9+7 align$ ) indu/ry /&>ds relat$ to an appr5tice%ip program & review$ & approv$ annually by sponsors ( ! appr5tice%ip program )9 ! docum5t$ p>tn]%ip t w prep>e p>ticipants by tea*+ ! skills & compet5cies ne$$ to ent] "o or m appr5tice%ip programs4 7ii7 ,h&s-on tra9+ & !oretical education = p>ticipants t does n displace a paid employee4 7iii7 ,a =mal agreem5t ) a sponsor ( an appr5tice%ip program t w\ld enable p>ticipants :o successfully complete ! pre-appr5tice%ip program-- 7,i7 to ent] into ! appr5tice%ip program if a place 9 ! program is available & if ! p>ticipant meets ! qualifications ( ! appr5tice%ip program2 & 7,,ii7 to e>n cr$its t[>ds ! appr5tice%ip program4 7#bj7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,en]gy4 7#ba7 ,tribal or indig5\s community ,! t]m ,tribal or indig5\s community means a population ( p :o are memb]s (-- 7,a7 a f$]ally recogniz$ ,indian ,tribe2 7,b7 a ,/ate-recogniz$ ,indian ,tribe2 7,c7 an ,alaska ,native or ,native ,hawaiian community or organization2 or 7,d7 any o!r community ( indig5\s p locat$ 9 a ,/ate4 7#bb7 ,und]employ$ ,! t]m und]employ$ means ) respect to an individual1 an individual :o is-- 7,a7 employ$ at less ?an full-"t because !y are unable to obta9 full-"t employm5t2 or 7,b7 employ$ at a job t is inadequate to _! tra9+ or economic ne$s4 7#bc7 ,vet]an ( ! arm$ =ces ,! t]m vet]an ( ! ,arm$ ,=ces means a p]son :o s]v$ 9 ! active milit>y1 naval1 or air s]vice & :o 0 dis*>g$ or releas$ "u conditions o!r ?an di%onorable4 7#bd7 ,wage diff]5tial b5efit ,! t]m wage diff]5tial b5efit means ! diff]5ce betwe5 ! wages & o!r b5efits provid$ by-- 7,a7 a work]'s wages & b5efits e>n$ 9 a en]gy-relat$ facility1 en]gy-relat$ indu/rial facility1 or o!r en]gy-relat$ entity on ! day be=e ! work] is t]m9at$1 laid (f1 or giv5 a r$uction 9 "w h\rs2 & 7,b7 ! work]'s curr5t wages & b5efits1 if any1 aft] su* a t]m9ation1 lay-(f1 or r$uction 9 "w h\rs4 ,a ,/ate ,en]gy ,plans #eja4 ,/ate en]gy plans 7a7 ,9 g5]al ,section #cfb7;d7 ( ! ,en]gy ,policy & ,cons]vation ,act 7#db ,u4,s4,c4 #fcbb7;d77 is am5d$-- 7#a7 9 p>agraph 7#af71 by /rik+ 2 & & ins]t+ a semicolon2 7#b7 by r$esignat+ p>agraph 7#ag7 z p>agraph 7#ah72 & 7#c7 by ins]t+ aft] p>agraph 7#af7 ! foll[+3 7#ag7 a ,/ate en]gy plan develop$ 9 accordance ) section #cfg2 & 4 7b7 ,/ate en]gy plans ,"p ,d ( title ,,iii ( ! ,en]gy ,policy & ,cons]vation ,act 7#db ,u4,s4,c4 #fcba et seq47 is am5d$ by add+ at ! end ! foll[+3 #cfg4 ,/ate en]gy plans 7a7 ,9 g5]al ,! ,secret>y may provide f9ancial assi/ance to a ,/ate to develop a ,/ate en]gy plan1 = inclusion 9 a ,/ate en]gy cons]vation plan "u section #cfb7;d71 to provide =-- 7#a7 ! elim9ation ( net gre5h\se gas emissions2 7#b7 improv$ air & wat] quality2 7#c7 cons]vation ( natural res\rces2 7#d7 r$uction & elim9ation ( environm5tal inju/ice2 & 7#e7 work=ce transition plann+4 7b7 ,cont5ts ,a ,/ate develop+ a ,/ate en]gy plan "u ?is section %all include 9 su* plan1 measures to-- 7#a7 ensure t ! full social co/ ( c>bon pollution is factor$ into decision mak+ associat$ ) electricity g5]ation & utility inve/m5ts 9 en]gy effici5cy & electric vehicle infra/ructure2 7#b7 promote inve/m5ts 9 a di/ribution sy/em t takes advantage ( te*nology advancem5t & supports r$uc$ pollution1 consum] *oice1 & a resili5t & reliable sy/em2 7#c7 address ! ne$ to site transmission l9es & new electricity g5]at+ units effici5tly2 7#d7 evaluate ! role ( exi/+ res\rces z "p ( utility plann+ to accel]ate ! transition to l[-co/ c>bon emissions r$uctions2 7#e7 engage ) regional p>tn]s to explore ! pot5tial b5efits ( regional m>kets2 7#f7 support utility lead]%ip 9 its ef=ts to transition to s\rces ( electricity t result 9 net z]o gre5h\se gas emissions2 7#g7 support infra/ructure upgrades & sm>t grid inve/m5ts to improve sy/em-wide effici5cy2 7#h7 support build+ codes = new & retr(itt$ build+s t promote ! en]gy effici5cy ( build+s & ! electric grid2 7#i7 support improv$ appliance effici5cy /&>ds2 7#aj7 support inve/m5ts 9 electric vehicle infra/ructure 9 ways t w ensure a m effici5t grid & great] adoption ( electric vehicles1 includ+ 9 rural areas2 7#aa7 support work=ce & economic transition plann+ = communities impact$ by a *ang+ en]gy l&scape1 z in=m$ by ! ,en]gy ,work=ce ,transition ,plan develop$ "u section #eaa ( ! ,clean ,en]gy ,innovation & ,deploym5t ,act ( #bjba1 & ! ,clean ,en]gy ,jobs ,tra9+ ,program e/abli%$ "u section #ebb ( su* ,act2 7#ab7 support su/a9able recreation & t\rism 9 work=ce & economic transition plann+2 7#ac7 elim9ate ! disproportionate burd5 ( adv]se human heal? or environm5tal effects on communities ( color1 l[-income communities1 & ,tribal or indig5\s communities 9 su* ,/ate1 z det]m9$ by ! ,secret>y2 7#ad7 support increas$ ackn[l$gm5t (1 & consid]ations =1 indig5\s & ,tribal sov]eignty2 & 7#ae7 develop /rategies to support local clean en]gy goals facilitat+ utility-community coop]ation & private sector p>tn]%ips4 7c7 ,coord9ation ,9 develop+ a ,/ate en]gy plan "u ?is section1 a ,/ate %all coord9ate1 z appropriate1 )-- 7#a7 ,/ate regulatory au?orities 7z def9$ 9 section #c ( ! ,public ,utility ,regulatory ,policies ,act ( #aigh72 7#b7 electric utilities2 7#c7 ,regional ,transmission ,organizations 7z def9$ 9 section #c ( ! ,f$]al ,p[] ,act7 & ,indep5d5t ,sy/em ,op]ators 7z def9$ 9 section #c ( ! ,f$]al ,p[] ,act72 7#d7 private entities1 includ+ repres5tatives f ! p[] sector & clean en]gy indu/ry2 7#e7 ,/ate ag5cies1 metropolitan plann+ organizations1 & local gov]nm5ts2 7#f7 ! ,en]gy ,work=ce ,transition ,(fice e/abli%$ by section #eaa ( ! ,clean ,en]gy ,innovation & ,deploym5t ,act ( #bjba2 & 7#g7 labor organizations1 su* z ^? repres5t+ work]s 9 ! con/ruction1 manufactur+1 or en]gy sectors4 7d7 ,te*nical assi/ance ,^u reque/ ( ! ,gov]nor ( a ,/ate1 ! ,secret>y %all provide in=mation & te*nical assi/ance 9 ! developm5t1 implem5tation1 or revision ( a ,/ate en]gy plan4 4 #ejb4 ,au?orization ( appropriations 7a7 ,/ate en]gy cons]vation plans ,section #cfe7;f7 ( ! ,en]gy ,policy & ,cons]vation ,act 7#db ,u4,s4,c4 #fcbe7;f77 is am5d$ to read z foll[s3 7f7 ,au?orization ( appropriations 7#a7 ,/ate en]gy cons]vation plans ,= ! purpose ( c>ry+ out ?is "p1 !re is au?oriz$ to be appropriat$ #ajj1jjj1jjj = ea* ( fiscal ye>s #bjbb ?r\gh #bjbf4 7#b7 ,/ate en]gy plans ,9 addition to ! am\nts au?oriz$ "u p>agraph 7#a71 = ! purpose ( c>ry+ out section #cfg1 !re is au?oriz$ to be appropriat$ #be1jjj1jjj = ea* ( fiscal ye>s #bjbb ?r\gh #bjbf4 4 7b7 ,transportation electrification ,section #aca ( ! ,en]gy ,indep5d5ce & ,security ,act ( #bjjg 7#db ,u4,s4,c4 #agjaa7 is am5d$-- 7#a7 9 subsection 7b77#f71 by /rik+ #bjjh ?r\gh #bjab & ins]t+ #bjbb ?r\gh #bjbf2 & 7#b7 9 subsection 7c77#d71 by /rik+ #bjjh ?r\gh #bjac & ins]t+ #bjbb ?r\gh #bjbf4 ,b ,en]gy ,work=ce ,transition #eaa4 ,en]gy ,work=ce ,transition ,(fice & ,advisory ,committee 7a7 ,e/abli%m5t ,!re is h]eby e/abli%$ )9 ! ,dep>tm5t ( ,en]gy an (fice1 to be kn[n z ! ,en]gy ,work=ce ,transition ,(fice4 7b7 ,exemption f reorganization ,! ,(fice %all be exempt f ! reorganization au?ority provid$ "u section #fdc ( ! ,dep>tm5t ( ,en]gy ,organization ,act 7#db ,u4,s4,c4 #gbec74 7c7 ,director ,! ,secret>y %all appo9t z ! head ( ! ,(fice a ,director1 :o %all manage ! op]ations ( ! ,(fice4 7d7 ,duties ( ! ,(fice ,! duties ( ! ,(fice %all be to-- 7#a7 id5tify or e/imate1 to ! ext5t practicable1 ) respect to ! p]iod t beg9s on ! date ( enactm5t ( ?is ,act & ends on ,janu>y #a1 #bjcj-- 7,a7 ! tim+ & location ( facility closures & job t]m9ations or lay(fs 9 en]gy-relat$ facilities1 en]gy-relat$ indu/rial facilities1 & o!r en]gy-relat$ entities2 & 7,b7 ! impact ( su* t]m9ations1 lay(fs1 or r$uc$ "w h\rs on affect$ work]s 7includ+ ^? employ$ by a contractor or subcontractor71 bus9esses1 & en]gy transition communities2 & 7#b7 provide adm9i/rative1 logi/ical1 rese>*1 & policy support & recomm5dations to ! ,advisory ,committee4 7e7 ,en]gy work=ce transition advisory committee 7#a7 ,e/abli%m5t ,!re is h]eby e/abli%$ an advisory committee1 to be kn[n z ! ,en]gy ,work=ce ,transition ,advisory ,committee4 7#b7 ,en]gy ,work=ce ,transition ,plan 7,a7 ,9 g5]al ,! ,advisory ,committee %all develop & f9alize a plan1 to be kn[n z ! ,en]gy ,work=ce ,transition ,plan4 7,b7 ,purpose ,! purpose ( ! ,en]gy ,work=ce ,transition ,plan is to id5tify1 align1 & /reaml9e res\rces to assi/ work]s & communities impact$ by ! transition to a clean en]gy economy4 7,c7 ,public meet+s ,9 develop+ ! ,en]gy ,work=ce ,transition ,plan1 ! ,advisory ,committee %all hold no less ?an #d public meet+s 9 en]gy transition communities1 ) opportunities = memb]s ( ! public to provide input4 7,d7 ,cont5ts ,! ,en]gy ,work=ce ,transition ,plan %all include-- 7i7 a description ( ! *all5ges t en]gy transition communities enc\nt]1 includ+ *all5ges associat$ ) economic & employm5t transition1 & *all5ges p>ticul> to c]ta9 regions2 7ii7 a description ( b5efits1 grants1 & o!r s\rces ( fund+ to address ! *all5ges describ$ "u clause 7i7 t may be access$ f ,f$]al1 ,/ate1 local1 & o!r s\rces )\t additional legislative au?ority or approval2 7iii7 a description ( s\rces ( fund+ to address ! *all5ges describ$ "u clause 7i7 t require additional legislative au?ority or approval2 7iv7 recomm5dations = align+ local1 ,/ate1 ,f$]al1 & o!r res\rces to inve/ 9 en]gy transition communities & en]gy transition work]s2 7v7 recomm5dations = e/abli%+ b5efits = en]gy transition work]s1 includ+ consid]ation (-- 7,i7 b5efits simil> 9 type1 am\nt1 & duration to ,f$]al b5efits t are n o!rwise available to all en]gy transition work]s1 includ+ p5sions2 7,,ii7 wage diff]5tial b5efits = en]gy transition work]s1 includ+ consid]ation ( eligibility & ! duration ( ! b5efits2 & 7,,iii7 collaboration ) exi/+ or future employ]s ( en]gy transition work]s & relevant labor organizations1 to in=m en]gy transition work]s h[ to apply = wage diff]5tial & o!r eligible b5efits2 7vi7 recomm5dations = grants & o!r programmatic support = en]gy transition communities1 & entities t support en]gy transition communities1 includ+-- 7,i7 grants & o!r programmatic support provid$ by c\nties1 municipalities1 cities1 or o!r political subdivisions ( a ,/ate2 7,,ii7 grants & o!r programmatic support provid$ ,indian ,tribes2 7,,iii7 appr5tice%ips programs2 7,,iv7 grants & o!r programmatic support to be provid$ by in/itutions ( high] education2 & 7,v7 grants & o!r programmatic support to be provid$ by public or private nonpr(it organizations or associations2 7vii7 recomm5dations = e/abli%+ community transition res\rce c5t]s 9 en]gy transition communities1 9 ord] to provide su* communities a s\rce ( curr5t in=mation reg>d+ ! res\rces describ$ 9 ?is subp>agraph2 7viii7 id5tification ( ! project$ %ort-t]m & long-t]m co/s ( ea* activity recomm5d$ 9 ! ,en]gy ,work=ce ,transition ,plan1 includ+ work] b5efits1 grant programs1 & o!r activities2 7ix7 id5tification ( ! pot5tial s\rces = su/a9able %ort-t]m & long-t]m fund+ = implem5t+ ! activities recomm5d$ 9 ! ,en]gy ,work=ce ,transition ,plan2 7x7 ! pot5tial advantages or disadvantages ( ext5d+ activities recomm5d$ 9 ! ,en]gy ,work=ce ,transition ,plan to o!r sectors & indu/ries affect$ by simil> economic disruptions2 & 7xi7 recomm5dations1 made 9 consultation ) relevant ,f$]al ag5cies1 includ+ ! ,dep>tm5t ( ,labor1 & relevant ,/ate au?orities1 = effici5t implem5tation ( ! activities recomm5d$ 9 ! ,en]gy ,work=ce ,transition ,plan4 7,e7 ,report to ,congress ,n lat] ?an ,janu>y #a1 #bjbc1 ! ,advisory ,committee %all submit to ,congress ! ,en]gy ,work=ce ,transition ,plan1 z well z any recomm5dations to be consid]$ 9 ord] to bett] a*ieve ! plan4 7#c7 ,memb]%ip ,! ,advisory ,committee %all consi/ ( ! foll[+ memb]s3 7,a7 ,ex (ficio memb]s z foll[s3 7i7 ,a repres5tative ( ! ,dep>tm5t ( ,labor4 7ii7 ,a repres5tative ( ! ,economic ,developm5t ,adm9i/ration ( ! ,dep>tm5t ( ,comm]ce4 7iii7 ,a repres5tative ( ! ,executive ,(fice ( ! ,presid5t4 7,b7 ,! foll[+ memb]s appo9t$ by ! ,director3 7i7 #d repres5tatives ( en]gy transition work]s1 includ+ at lea/ "o f a union repres5t+ coal work]s1 "o f a build+ trades union1 & "o f a union repres5t+ o!r en]gy transition work]s4 7ii7 #c repres5tatives f en]gy transition communities4 7iii7 #b repres5tatives ) pr(essional economic developm5t or work=ce retra9+ exp]i5ce4 7iv7 #b repres5tatives ( environm5tal ju/ice communities4 7v7 #b repres5tatives ( electric utilities t1 on ! date ( enactm5t ( ?is ,act1 op]ate a en]gy-relat$ facility4 7#d7 ,t]m ,except z o!rwise provid$ 9 ?is section1 ! t]m ( appo9tm5t or designation ( a memb] ( ! ,advisory ,committee %all end on ,janu>y #a1 #bjbg4 7#e7 ,exp5ses ,9 accordance ) section #egjc ( title #e1 ,unit$ ,/ates ,code1 ea* memb] ( ! ,advisory ,committee may receive paym5t ( a p] diem & reimbursem5t = actual & necess>y exp5ses4 7#f7 ,*air ,! ,advisory ,committee %all elect a *air f among its memb]s to s]ve = a t]m n to exce$ #b ye>s1 z det]m9$ appropriate by ! ,advisory ,committee4 7#g7 ,meet+s ,! ,advisory ,committee %all meet at lea/ once e qu>t]4 ,! *air ( ! ,advisory ,committee may call su* additional meet+s z are necess>y = ! ,advisory ,committee1 ) ! ,secret>y1 to develop & submit to ,congress ! ,en]gy ,work=ce ,transition ,plan4 7#h7 ,engagem5t ( o!rs ,! ,advisory ,committee may engage additional nonvot+ memb]s or advisors to provide additional exp]tise z ne$$4 7#i7 ,t]m9ation ,section #ad7;a7 ( ! ,f$]al ,advisory ,committee ,act %all n apply to ! ,advisory ,committee4 #eab4 ,en]gy work=ce transition plans & reemploym5t ( affect$ work]s 7a7 ,submission ,! own] or op]ator ( an en]gy-relat$ facility %all to ! ext5t practicable submit to ! ,director a work=ce transition plan-- 7#a7 ) respect to a coal-fuel$ electric g5]at+ facility ) a capacity ( m ?an #ej megawatts1 n lat] ?an #f mon?s be=e ! closure ( ! facility2 7#b7 ) respect to a coal m9e ) a capacity ( m ?an #d1jjj1jjj %ort tons ( coal p] ye>1 n lat] ?an #f mon?s be=e ! closure ( ! coal m9e2 & 7#c7 ) respect to an en]gy-relat$ facility n describ$ "u p>agraph 7#a7 or 7#b71 n lat] ?an #ij days be=e ! closure ( ! facility4 7b7 ,cont5ts ,to ! ext5t practicable1 a work=ce transition plan submitt$ "u subsection 7a7 %all include e/imates (-- 7#a7 ! numb] ( work]s1 includ+ ^? employ$ by a contractor or subcontractor1 employ$ by ! en]gy-relat$ facility be=e ! closure ( ! facility2 7#b7 ! total numb] ( su* work]s1 includ+ ^? employ$ by a contractor or subcontractor1 ^: employm5t1 z a result ( ! closure ( ! en]gy-relat$ facility1 w-- 7,a7 be reta9$2 7,b7 be elim9at$2 & 7,c7 be giv5 a r$uction 9 h\rs2 7#c7 ) respect to ! work]s1 includ+ ^? employ$ by a contractor or subcontractor1 ^: exi/+ jobs w be elim9at$ z a result ( ! closure ( ! en]gy-relat$ facility ! total numb]1 & ! numb] by job classification1 ( work]s-- 7,a7 ^: employm5t w end )\t be+ (f]$ o!r employm5t2 7,b7 :o w retire z plann$1 be (f]$ e>ly retirem5t1 or leave on _! own2 7,c7 :o w be reta9$ by be+ transf]r$ to o!r activities "u ! employm5t ( ! own] or op]ator2 & 7,d7 :o w be reta9$ to cont9ue to "w = ! own] or op]ator 9 a new job classification2 & 7#d7 ) respect to ! work]s1 includ+ ^? employ$ by a contractor or subcontractor1 ^: exi/+ jobs w be reta9$ dur+ ! closure ( ! en]gy-relat$ facility1 ! total numb]1 & ! numb] by job classification1 ( work]s :o w "w on ! decommission+ & environm5tal rem$iation ( ! facility2 & 7#e7 if an own] or op]ator is replac+ a en]gy-relat$ facility ) a new electric g5]at+ facility1 ! numb] (-- 7,a7 work]s f ! clos$ en]gy-relat$ facility :o w be employ$ at ! new electric g5]at+ facility2 & 7,b7 jobs at ! new electric g5]at+ facility t w be outs\rc$ to contractors or subcontractors4 7c7 ,privacy ,a work=ce transition plan submitt$ "u subsection 7a7 %all n include in=mation t violates privacy ( work]s or confid5tial bus9ess in=mation4 7d7 ,regulations ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y %all promulgate regulations to implem5t ?is subtitle4 7e7 ,compliance ,! own] or op]ator ( an en]gy-relat$ facility %all face a f9e or fee1 z det]m9$ appropriate by ! ,secret>y1 %\ld !y fail to submit a work=ce transition plan 9 accordance ) ?is section4 ,c ,mod]n ,en]gy ,work=ce ,developm5t #a ,mod]n ,en]gy ,work=ce ,developm5t #eba4 ,mod]n en]gy work=ce developm5t 7a7 ,e/abli%m5t ,! ,secret>y1 9 consultation ) ! ,secret>y ( ,labor1 %all e/abli% & c>ry out a compreh5sive & nationwide program 7ref]r$ to 9 ?is section z ! ,program7 to improve education & tra9+ = jobs 9 en]gy-relat$ indu/ries 7includ+ manufactur+1 eng9e]+1 con/ruction1 & retr(itt+ jobs 9 en]gy-relat$ indu/ries7 to increase ! numb] ( skill$ work]s tra9$ to "w 9 en]gy-relat$ indu/ries ) exi/+ or expect$ work] %ortages4 7b7 ,work=ce developm5t 7#a7 ,9 g5]al ,9 c>ry+ out ! ,program1 ! ,secret>y %all-- 7,a7 (f] available res\rces to en]gy transition work]s & und]repres5t$ gr\ps1 includ+ religi\s & e?nic m9orities1 wom51 vet]ans1 individuals ) disabilities1 & socioeconomically disadvantag$ individuals1 to ent] into sci5ce1 te*nology1 eng9e]+1 & ma!matics fields2 7,b7 (f] available res\rces to in/itutions ( high] education to equip /ud5ts ) ! skills1 tra9+1 & te*nical exp]tise necess>y to fill exi/+ or expect$ work] %ortages 9 en]gy-relat$ indu/ries2 7,c7 provide int]n%ips1 fell[%ips1 & tra9ee%ips at ! ,dep>tm5t ( ,en]gy1 includ+ at ,national ,laboratories2 7,d7 provide en]gy work=ce-relat$ rese>* grants & te*nical assi/ance to in/itutions ( high] education1 ) priority giv5 to m9ority in/itutions2 7,e7 ensure t int]n%ips1 fell[%ips1 tra9ee%ips1 appr5tice%ips1 & pre-appr5tice%ips provide ! necess>y skills & c]tifications = employm5t 9 en]gy-relat$ indu/ries ) exi/+ or expect$ work] %ortages2 7,f7 ensure alignm5t ) ! goals def9$ "u ! ,m9orities 9 ,en]gy ,initiative ( ! ,dep>tm5t ( ,en]gy2 7,g7 ensure alignm5t ) o!r programs t are c>ry+ out ! ,m9orities 9 ,en]gy ,initiative ( ! ,dep>tm5t ( ,en]gy2 7,h7 to ! maximum ext5t practicable1 collaborate ) & support ,/ate work=ce developm5t programs to maximize ! effici5cy ( ! ,program2 & 7,i7 "w ) labor organizations & in/itutions ( high] education to promote pre-appr5tice%ip z a pa?way to an en]gy-relat$ c>e] ?r\gh an appr5tice%ip program4 7#b7 ,priority ,9 c>ry+ out ! ,program1 ! ,secret>y %all-- 7,a7 prioritize ! education & tra9+ ( en]gy transition work]s & und]repres5t$ gr\ps1 includ+ religi\s & e?nic m9orities1 wom51 vet]ans1 individuals ) disabilities1 & socioeconomically disadvantag$ individuals = jobs 9 en]gy-relat$ indu/ries1 especially con/ruction2 & 7,b7 p>tn] ) labor organizations t h multi-ye> records ( tra9+ & support+ en]gy transition work]s & und]repres5t$ gr\ps to successful completion ( pre-appr5tice%ip & appr5tice%ip programs4 7c7 ,direct assi/ance 7#a7 ,9 g5]al ,9 c>ry+ out ! ,program1 ! ,secret>y %all provide direct assi/ance 7includ+ f9ancial assi/ance aw>ds1 te*nical exp]tise1 & guidance7 to local educational ag5cies1 local work=ce developm5t bo>ds1 in/itutions ( high] education1 nonpr(it organizations1 labor organizations1 appr5tice%ip programs1 & pre-appr5tice%ip programs4 7#b7 ,di/ribution ,! ,secret>y %all di/ribute direct assi/ance "u p>agraph 7#a7 9 a mann] t-- 7,a7 is reflective ( ! ne$s (1 & dem& = jobs 91 an en]gy-relat$ indu/ry2 & 7,b7 is consi/5t ) ! in=mation obta9$ "u subsections 7e77#d7 & 7j74 7#c7 ,re/riction ,9 provid+ f9ancial assi/ance aw>ds "u p>agraph 7#a7 = education & tra9+ relat+ to con/ruction1 eligible entities %all only include appr5tice%ip programs1 & pre-appr5tice%ip programs t h an articulation agreem5t ) "o or m appr5tice%ip programs4 7d7 ,res\rce c5t] ,! ,secret>y %all e/abli% an onl9e res\rce c5t]-- 7#a7 to ma9ta9 & update in=mation & res\rces on tra9+ programs = jobs 9 en]gy-relat$ indu/ries 7includ+ manufactur+1 eng9e]+1 con/ruction1 & retr(itt+ jobs 9 en]gy-relat$ indu/ries72 & 7#b7 to connect local educational ag5cies1 ,/ate educational ag5cies1 in/itutions ( high] education1 local work=ce developm5t bo>ds1 ,/ate work=ce developm5t bo>ds1 nonpr(it organizations1 labor organizations1 appr5tice%ip programs & pre-appr5tice%ip programs t are work+ to develop & implem5t tra9+ programs = ! jobs describ$ 9 p>agraph 7#a7 to %>e res\rces1 approa*es1 & be/ practices4 7e7 ,collaboration & report ,9 c>ry+ out ! ,program1 ! ,secret>y %all-- 7#a7 collaborate ) local educational ag5cies1 in/itutions ( high] education1 local work=ce developm5t bo>ds1 ,tribal or indig5\s community lead]%ip1 nonpr(it organizations1 labor organizations1 appr5tice%ip programs & pre-appr5tice%ip programs1 & en]gy-relat$ indu/ries2 7#b7 facilitate ! %>+ ( be/ practices & approa*es t be/ suit local1 ,/ate1 & national ne$s2 7#c7 enc\rage & fo/] collaboration1 m5tor%ip1 & p>tn]%ip betwe5-- 7,a7 indu/ry p>tn]s1 local work=ce developm5t bo>ds1 ,tribal or indig5\s community lead]%ip1 nonpr(it organizations1 labor organizations1 appr5tice%ip & pre-appr5tice%ip programs1 t provide effective tra9+ programs = jobs 9 en]gy-relat$ indu/ries2 & 7,b7 local educational ag5cies1 ,/ate educational ag5cies1 & in/itutions ( high] education t seek to e/abli% ^? programs2 & 7#d7 collaborate ) ! ,secret>y ( ,labor1 ! ,commission] ( ! ,bureau ( ,labor ,/ati/ics1 ! ,secret>y ( ,comm]ce1 ! ,director ( ! ,bureau ( ! ,c5sus1 labor organizations1 & en]gy-relat$ indu/ries-- 7,a7 to develop a compreh5sive & detail$ und]/&+ ( ! work=ce ne$s (1 & job opportunities 91 en]gy-relat$ indu/ries1 by ,/ate & by region2 & 7,b7 to publi% an annual report on job creation 9 ! sectors ( en]gy-relat$ indu/ries id5tifi$ "u subsection 7j74 7f7 ,be/ practices = educational in/itutions 7#a7 ,9 g5]al ,! ,secret>y1 9 collaboration ) ! ,secret>y ( ,education1 ! ,secret>y ( ,comm]ce1 ! ,secret>y ( ,labor1 & ! ,director ( ! ,national ,sci5ce ,f\ndation1 %all develop & report be/ practices = provid+ /ud5ts ) skills necess>y = jobs 9 en]gy-relat$ indu/ries 7includ+ manufactur+1 eng9e]+1 con/ruction1 & retr(itt+ jobs 9 en]gy-relat$ indu/ries7 to local educational ag5cies1 in/itutions ( high] education1 & appr5tice%ip programs4 7#b7 ,en]gy effici5cy & community en]gy resili5cy initiatives ,! ,secret>y %all develop & provide be/ practices = tea*+ /ud5ts & ! families ( ^? /ud5ts ab\t en]gy effici5cy & community en]gy resili5cy4 7#c7 ,input f indu/ry labor organizations ,9 c>ry+ out p>agraphs 7#a7 & 7#b71 ! ,secret>y %all solicit input f en]gy-relat$ indu/ries & labor organizations1 especially sectors ) exi/+ or expect$ work] %ortages or exp]tise 9 en]gy effici5cy4 7#d7 ,,/em education ,9 c>ry+ out p>agraphs 7#a7 & 7#b71 ! ,secret>y %all promote education 9 sci5ce1 te*nology1 eng9e]+1 & ma!matics4 7g7 ,outrea* to m9ority in/itutions ,9 c>ry+ out ! ,program1 ! ,secret>y %all-- 7#a7 increase ! ,dep>tm5t ( ,en]gy's outrea* to m9ority in/itutions1 includ+ hi/orically ,black univ]sities & colleges1 community colleges1 & ,tribal in/itutions2 7#b7 "w ) m9ority in/itutions to increase ! numb] ( skill$ m9orities & wom5 qualifi$ = jobs 9 en]gy-relat$ indu/ries 7includ+ manufactur+1 eng9e]+1 con/ruction1 & retr(itt+ jobs 9 en]gy-relat$ indu/ries72 7#c7 "w ) en]gy-relat$ indu/ries to improve opportunities = /ud5ts ( m9ority in/itutions to p>ticipate 9 indu/ry int]n%ips & coop]ative "w-/udy programs2 & 7#d7 "w ) ! ,directors ( ! ,national ,laboratories to increase ! p>ticipation ( /ud5ts f m9ority in/itutions 9 int]n%ips1 fell[%ips1 tra9+ programs1 & employm5t at ^? laboratories4 7h7 ,outrea* to en]gy transition work]s ,! ,secret>y %all-- 7#a7 "w ) employ]s & job tra9]s1 includ+ appr5tice%ip & pre-appr5tice%ip programs1 9 prep>+ en]gy transition work]s = em]g+ jobs 9 en]gy-relat$ indu/ries 7includ+ manufactur+1 eng9e]+1 con/ruction1 & retr(itt+ jobs 9 en]gy-relat$ indu/ries72 7#b7 "w ) en]gy transition work]s to increase ! numb] ( individuals tra9$ = jobs 9 en]gy-relat$ indu/ries 7includ+ manufactur+1 eng9e]+1 con/ruction1 & retr(itt+ jobs 9 en]gy-relat$ indu/ries72 & 7#c7 "w ) labor organizations & en]gy-relat$ indu/ry p>tn]s to improve opportunities = en]gy transition work]s to p>ticipate 9 indu/ry int]n%ips1 coop]ative "w-/udy programs1 appr5tice%ips1 & pre-appr5tice%ips4 7i7 ,enrollm5t 9 tra9+ & appr5tice%ip & pre-,appr5tice%ip programs ,! ,secret>y %all provide assi/ance to indu/ry1 local work=ce developm5t bo>ds1 ,/ate work=ce developm5t bo>ds1 nonpr(it organizations1 labor organizations1 & appr5tice%ip programs 9 id5tify+ /ud5ts & o!r c&idates1 includ+ en]gy transition work]s & und]repres5t$ gr\ps1 includ+ religi\s & e?nic m9orities1 wom51 vet]ans1 individuals ) disabilities1 & socioeconomically disadvantag$ individuals1 to enroll 9 tra9+ & appr5tice%ip programs & pre-appr5tice%ip programs = jobs 9 en]gy-relat$ indu/ries4 7j7 ,guidel9es ,to develop skills = a mod]n en]gy indu/ry work=ce ,! ,secret>y %all1 9 collaboration ) en]gy-relat$ indu/ries & labor organizations1 id5tify ! sectors )9 ea* en]gy-relat$ indu/ry t h ! greate/ dem& = work]s & develop guidel9es = ! skills necess>y to "w 9 ^? sectors4 ,! ,secret>y %all id5tify ! sectors 9 consultation ) a broad cross-section ( ! en]gy indu/ry1 includ+ relevant en]gy indu/ry organizations1 public & private employ]s1 labor organizations1 po/second>y education in/itutions1 & work=ce developm5t bo>ds4 7k7 ,rule ( con/ruction ,no?+ 9 ?is section au?orizes any dep>tm5t1 ag5cy1 (fic]1 or employee ( ! ,f$]al ,gov]nm5t to ex]cise any direction1 sup]vision1 or control ov]-- 7#a7 ! curriculum1 program ( in/ruction1 or in/ructional cont5t ( any ,/ate1 local educational ag5cy1 or s*ool2 or 7#b7 ! selection ( libr>y res\rces1 textbooks1 or o!r pr9t$ or publi%$ in/ructional mat]ials us$ by any ,/ate1 local educational ag5cy1 or s*ool4 #ebb4 ,clean ,en]gy ,jobs ,tra9+ ,program 7a7 ,def9itions ,9 ?is section3 7#a7 ,eligible entity ,! t]m eligible entity means a ,national ,laboratory1 bus9ess1 or labor organization t demon/rates success 9 plac+ graduates ( pre-appr5tice%ip or appr5tice%ip programs 9 jobs relevant to su* programs &-- 7,a7 is directly involv$ ) z]o-emission electricity te*nology1 en]gy effici5cy1 or o!r activity t results 9 a r$uction 9 gre5h\se gas emissions1 z det]m9$ by ! ,secret>y2 7,b7 works on behalf ( a bus9ess or labor organization t is directly involv$ ) z]o-emission electricity te*nology1 en]gy effici5cy1 or o!r activity t results 9 a r$uction 9 gre5h\se gas emissions1 z det]m9$ by ! ,secret>y2 7,c7 provides s]vices relat$ to-- 7i7 z]o-emission electricity te*nology deploym5t & ma9t5ance & en]gy effici5cy2 7ii7 grid mod]nization2 or 7iii7 r$uction 9 gre5h\se gas emissions ?r\gh ! use ( z]o-emission en]gy te*nologies2 7,d7 has k ( te*nician work=ce ne$s ( a ,national ,laboratory or cov]$ facility ( ! ,national ,nucle> ,security ,adm9i/ration & ! associat$ security requirem5ts ( su* laboratory or facility2 7,e7 demon/rates exp]i5ce 9 implem5t+ & op]at+ appr5tice%ip programs or pre-appr5tice%ip programs t provide a direct pa?way to an en]gy-relat$ c>e]2 or 7,f7 demon/rates success 9 plac+ graduates ( pre-appr5tice%ip or appr5tice%ip programs 9 jobs relevant to su* programs4 7#b7 ,national ,laboratory ,! t]m ,national ,laboratory means any ( ! foll[+ laboratories own$ by ! ,dep>tm5t ( ,en]gy3 7,a7 ,ames ,laboratory4 7,b7 ,argonne ,national ,laboratory4 7,c7 ,brookhav5 ,national ,laboratory4 7,d7 ,f]mi ,national ,accel]ator ,laboratory4 7,e7 ,idaho ,national ,laboratory4 7,f7 ,lawr5ce ,b]keley ,national ,laboratory4 7,g7 ,lawr5ce ,liv]more ,national ,laboratory4 7,h7 ,los ,alamos ,national ,laboratory4 7,i7 ,national ,en]gy ,te*nology ,laboratory4 7,j7 ,national ,r5ewable ,en]gy ,laboratory4 7,k7 ,oak ,ridge ,national ,laboratory4 7,l7 ,pacific ,nor?we/ ,national ,laboratory4 7,m7 ,pr9ceton ,plasma ,physics ,laboratory4 7,n7 ,s&ia ,national ,laboratories4 7,o7 ,savannah ,riv] ,national ,laboratory4 7,p7 ,/an=d ,l9e> ,accel]ator ,c5t]4 7,q7 ,?omas ,jeff]son ,national ,accel]ator ,facility4 7#c7 ,program ,! t]m ,program means ! ,clean ,en]gy ,jobs ,tra9+ ,program e/abli%$ "u subsection 7b74 7b7 ,e/abli%m5t ,! ,secret>y1 9 consultation ) ! ,secret>y ( ,labor1 %all e/abli% a program1 to be kn[n z ! ,clean ,en]gy ,jobs ,tra9+ ,program1 to provide competitively aw>d$ co/-%>$ grants to eligible entities to pay = on-!-job tra9+ ( a new or exi/+ employee-- 7#a7 to "w 9 z]o-emission electricity g5]ation1 en]gy effici5cy1 or grid mod]nization2 7#b7 to "w o!rwise on ! r$uction ( gre5h\se gas emissions2 or 7#c7 to p>ticipate 9 a pre-appr5tice%ip program t provides a direct pa?way to an en]gy-relat$ c>e] 9 con/ruction ?r\gh "o or m appr5tice%ip programs4 7c7 ,grants 7#a7 ,9 g5]al ,an eligible entity desir+ a grant "u ! ,program %all submit to ! ,secret>y an application at su* "t1 9 su* mann]1 & conta9+ su* in=mation z ! ,secret>y may require4 7#b7 ,priority = t>get$ communities ,9 provid+ grants "u ! ,program1 ! ,secret>y %all give priority to an eligible entity t-- 7,a7 recruits employees-- 7i7 f ! "o or m communities t are s]v$ by ! eligible entity2 & 7ii7 t are m9orities1 wom51 vet]ans1 individuals f ,indian ,tribes or ,tribal organizations1 or en]gy transition work]s2 7,b7 provides tra9ees ) ! opportunity to obta9 real-_w exp]i5ce2 7,c7 has few] ?an #ajj employees2 & 7,d7 9 ! case ( a pre-appr5tice%ip program1 demon/rates-- 7i7 a multi-ye> record ( successfully recruit+ en]gy transition work]s1 m9orities1 wom51 & vet]ans = tra9+ & support+ su* individuals to a successful completion ( a pre-appr5tice%ip program2 & 7ii7 a successful multi-ye> record ( plac+ ! majority ( pre-appr5tice%ip program graduates into appr5tice%ip programs 9 ! con/ruction indu/ry4 7#c7 ,use ( grant = ,f$]al %>e 7,a7 ,9 g5]al ,an eligible entity %all use a grant receiv$ "u ! ,program to-- 7i7 pay ! ,f$]al %>e ( ! co/ ( provid+ on-!-job tra9+ = an employee1 9 accordance ) subp>agraph 7,b72 or 7ii7 9 ! case ( a pre-appr5tice%ip program-- 7,i7 recruit m9orities1 wom51 & vet]ans = tra9+2 7,,ii7 support ^? individuals 9 ! successful completion ( ! pre-appr5tice%ip program2 & 7,,iii7 c>ry out any o!r activity ( ! pre-appr5tice%ip program1 z det]m9$ to be appropriate by ! ,secret>y ( ,labor1 9 consultation ) ! ,secret>y4 7,b7 ,f$]al %>e am\nt ,! ,f$]al %>e describ$ 9 subp>agraph 7,a77i7 %all n exce$-- 7i7 9 ! case ( an eligible entity ) #bj or few] employees1 #de p]c5t ( ! co/ ( on-!-job tra9+ = an employee2 7ii7 9 ! case ( an eligible entity ) n few] ?an #ba employees & n m ?an #ii employees1 #cg4e p]c5t ( ! co/ ( on-!-job tra9+ = an employee2 7iii7 9 ! case ( an eligible entity ) n few] ?an #ajj employees1 #be p]c5t ( ! co/ ( on-!-job tra9+ = an employee2 & 7iv7 9 ! case ( an eligible entity t adm9i/]s a pre-appr5tice%ip program1 #ge p]c5t ( ! co/ ( ! pre-appr5tice%ip program4 7#d7 ,employ] paym5t ( non-,f$]al %>e 7,a7 ,9 g5]al ,! non-,f$]al %>e ( ! co/ ( provid+ on-!-job tra9+ = an employee "u a grant receiv$ "u ! ,program %all be paid 9 ca% or 9 k9d by ! employ] ( ! employee receiv+ ! tra9+ or by a nonpr(it organization4 7,b7 ,inclusions ,! non-,f$]al %>e describ$ 9 subp>agraph 7,a7 may include ! am\nt ( wages paid by ! employ] to ! employee dur+ ! "t t ! employee is receiv+ on-!-job tra9+1 z fairly evaluat$ by ! ,secret>y ( ,labor4 7#e7 ,con/ruction ,9 provid+ grants "u ! ,program = tra9+1 recruitm5t1 & support relat+ to con/ruction1 eligible entities %all only include pre-appr5tice%ip programs t h an articulation agreem5t ) "o or m appr5tice%ip programs4 7#f7 ,grant am\nt ,an eligible entity may n receive m ?an #a1jjj1jjj p] fiscal ye> 9 grant funds "u ! ,program4 #ebc4 ,univ]sity ,z]o-,emission ,en]gy ,lead]%ip ,program 7a7 ,e/abli%m5t 7#a7 ,9 g5]al ,subtitle ,e ( title ,,ix ( ! ,en]gy ,policy ,act ( #bjje is am5d$ by add+ at ! end ! foll[+3 #iei;,d4 ,univ]sity ,z]o-,emission ,en]gy ,lead]%ip ,program 7a7 ,e/abli%m5t ,! ,secret>y ( ,en]gy %all e/abli% a program1 to be kn[n z ! ,univ]sity ,z]o-,emission ,en]gy ,lead]%ip ,program4 7b7 ,use ( funds ,am\nts made available to c>ry out ! ,univ]sity ,z]o-,emission ,en]gy ,lead]%ip ,program-- 7#a7 %all be us$ to provide f9ancial assi/ance = s*ol>%ips1 fell[%ips1 & rese>* & developm5t projects at in/itutions ( high] education 9 areas relevant to dep>tm5tal missions 9 rese>*1 developm5t1 demon/ration1 & deploym5t activities = z]o-emission te*nologies2 7#b7 may be us$ to provide f9ancial assi/ance to bus9esses to (fset ! co/s ( a p>tn]%ip )1 or inve/m5ts 91 in/itutions ( high] education 9 areas relevant to dep>tm5tal missions 9 rese>*1 developm5t1 demon/ration1 & deploym5t activities = z]o-emission te*nologies2 & 7#c7 may be us$ to provide f9ancial assi/ance = a s*ol>%ip1 fell[%ip1 or multiye> rese>* & developm5t project t does n align directly ) a dep>tm5tal mission1 if ! activity = :i* assi/ance is provid$ promotes a z]o-emission en]gy transition4 4 7#b7 ,table ( cont5ts ,! table ( cont5ts = ! ,en]gy ,policy ,act ( #bjje is fur!r am5d$ by add+ aft] ! item relat+ to section #iei;,d ! foll[+3 ,sec4 #iei;,d4 ,univ]sity ,z]o-,emission ,en]gy ,lead]%ip ,program4 4 7b7 ,repeal ,! ,en]gy & ,wat] ,developm5t & ,relat$ ,ag5cies ,appropriations ,act1 #bjji is am5d$ by /rik+ section #cac4 #ebd4 ,au?orization ( appropriations ,!re are au?oriz$ to be appropriat$ to c>ry out ?is "p su* sums z may be necess>y = ea* ( fiscal ye>s #bjbb ?r\gh #bjce4 #b ,climate ,resili5cy ,corps #eca4 ,e/abli%m5t ( ! ,climate ,resili5cy ,corps 7a7 ,g5]al au?ority ,! ,presid5t %all e/abli% a :olly own$ ,gov]nm5t corporation1 to be kn[n z ! ,climate ,resili5cy ,corps1 to employ resid5ts ( ! ,unit$ ,/ates :o are unemploy$ or und]employ$1 9 ! con/ruction1 ma9t5ance1 & c>ry+ out ( projects ( a public nature 9 connection )1 b n limit$ to-- 7#a7 mitigat+ ! effects ( disa/]s & o!r tr5ds relat$ to climate *ange1 includ+ by-- 7,a7 assess+ community resili5ce to ! impacts ( climate *ange2 7,b7 collect+1 monitor+1 & analyz+ data relat$ to climate *ange & disa/]s2 7,c7 develop+ a plan to improve community resili5ce to ! impacts ( climate *ange ?r\gh resili5t infra/ructure2 & 7,d7 build+ & ma9ta9+ resili5t infra/ructure1 includ+ by-- 7i7 pres]v+1 protect+1 & re/or+ habitat2 7ii7 /abiliz+ %orel9es2 7iii7 remov+ invasive species & plant+ native species ( trees1 plants & gr\ndcov]2 7iv7 con/ruct+ bioswales & wat] b>s2 7v7 improv+ dra9age sy/ems ?r\gh use ( p]meable surfaces & ra9 g>d5s2 7vi7 remov+ haz>d\s fuels2 7vii7 conduct+ prescrib$ burns2 7viii7 e/abli%+ def5sible space2 7ix7 retr(itt+ build+s2 & 7x7 plant+ urban =e/ry1 trees1 & l&scapes2 7#b7 prep>+ communities = disa/]s ( a type project$ z a result ( climate *ange1 includ+ by-- 7,a7 organiz+ community-bas$ resili5cy coalitions & work+ gr\ps2 7,b7 provid+ disa/] prep>$ness or community em]g5cy response team tra9+ to community-bas$ organizations & resid5ts2 & 7,c7 provid+ education on climate *ange1 disa/]1 & resili5ce at community-bas$ organizations & s*ools2 7#c7 respond+ to disa/]s1 includ+-- 7,a7 e/abli%+ & manag+ volunte]s1 di/ribution c5t]s1 & %elt]s2 7,b7 support+ disa/] response activities & c5t]s1 includ+ fire camps2 7,c7 cle>+ fall5 trees & bran*es2 7,d7 bo>d+ up w9d[s & doors & t>p+ ro(s2 & 7,e7 muck+ & gutt+ homes & build+s2 7#d7 recov]+ f disa/]s1 includ+-- 7,a7 cle>+ debris2 7,b7 repair+ & rebuild+ homes & build+s2 7,c7 replant+ native trees & plants2 7,d7 re/or+ habitat2 & 7,e7 /abiliz+ %orel9e & hillsides2 & 7#e7 o!r activities t are det]m9$ appropriate by ! ,*ief ,executive ,(fic] & ! ,bo>d ( ,directors ( ! ,climate ,resili5cy ,corps4 7b7 ,enhanc+ climate resili5cy 9 disproportionately impact$ communities ,n less ?an #dj p]c5t ( ! am\nts made available = ! ,climate ,resili5cy ,corps %all be us$ to enhance ! climate resili5cy ( environm5tal ju/ice communities ?r\gh activities describ$ 9 subsection 7a74 7c7 ,incorporation 7#a7 ,9 g5]al ,! ,advisory ,committee %all be deem$ ! incorporator ( ,climate ,resili5cy ,corps1 & ! incorporation %all be held to h be5 effect$ f ! date ( ! fir/ meet+ ( ! ,advisory ,committee4 7#b7 ,corporate (fice ,! ,climate ,resili5cy ,corps %all-- 7,a7 ma9ta9 an (fice 9 ! ,di/rict ( ,columbia2 & 7,b7 = purposes ( v5ue 9 civil actions1 be consid]$ to be a resid5t ( ! ,di/rict ( ,columbia4 7d7 ,role ( ,f$]al ag5cies ,to op]ate ! ,climate ,resili5cy ,corps1 ! ,presid5t may au?orize p>tn]%ips ) exi/+ ,f$]al dep>tm5ts & ag5cies1 includ+ ! ,dep>tm5t ( ,labor1 ! ,dep>tm5t ( ,def5se1 ! ,national ,gu>d ,bureau1 ! ,dep>tm5t ( ! ,int]ior1 ! ,dep>tm5t ( ,agriculture1 ! ,army ,corps ( ,eng9e]s1 ! ,dep>tm5t ( ,transportation1 ! ,dep>tm5t ( ,en]gy1 ! ,environm5tal ,protection ,ag5cy1 & o!r ,f$]al ,gov]nm5tal corporations4 #ecb4 ,bo>d ( ,directors ( ! ,climate ,resili5cy ,corps 7a7 ,vot+ memb]%ip ( ! ,bo>d ( ,directors 7#a7 ,9 g5]al ,! ,climate ,resili5cy ,corps %all h a ,bo>d ( ,directors 7h]e9aft] ref]r$ to z ! ,bo>d ( ,directors7 consi/+ (-- 7,a7 #g vot+ memb]s appo9t$ by ! ,presid5t1 by & ) ! advice & cons5t ( ! ,s5ate1 n m ?an #d ( :om %all be f ! same political p>ty2 & 7,b7 ! *ief executive (fic] ( ! ,climate ,resili5cy ,corps4 7#b7 ,*airp]son ,"o ( ! vot+ memb]s ( ! ,bo>d ( ,directors %all be designat$ by ! ,presid5t to s]ve z ,*airp]son !re(4 7#c7 ,congressional recomm5dations ,n lat] ?an #cj days aft] ! date ( enactm5t ( ?is ,act1 ! majority lead] ( ! ,s5ate1 ! m9ority lead] ( ! ,s5ate1 ! ,speak] ( ! ,h\se ( ,repres5tatives1 & ! m9ority lead] ( ! ,h\se ( ,repres5tatives %all ea* submit a recomm5dation to ! ,presid5t = appo9tm5t ( a vot+ memb] ( ! ,bo>d ( ,directors1 aft] consultation ) ! appropriate committees ( ,congress4 7b7 ,p[]s & duties ( ! ,bo>d ( ,directors ,! ,bo>d ( ,directors %all-- 7#a7 z soon z is practicable aft] ! date on :i* all memb]s are appo9t$1 approve or disapprove s5ior managem5t appo9t$ by ! *ief executive (fic]2 7#b7 n lat] ?an #ahj days aft] ! date on :i* all memb]s are appo9t$-- 7,a7 develop & approve ! bylaws ( ! ,climate ,resili5cy ,corps1 includ+ bylaws = ! regulation ( ! affairs & conduct ( ! bus9ess ( ! ,climate ,resili5cy ,corps2 7,b7 e/abli% subcommittees1 includ+ an audit committee t is compos$ solely ( memb]s ( ! ,bo>d ( ,directors :o are indep5d5t ( ! s5ior managem5t ( ! ,corps2 7,c7 develop & approve1 9 consultation ) s5ior managem5t1 a conflict-(-int]e/ policy = ! ,bo>d ( ,directors & = s5ior managem5t2 7,d7 approve or disapprove int]nal policies t ! *ief executive (fic] %all submit to ! ,bo>d ( ,directors2 & 7,e7 approve or disapprove a #a-ye> bus9ess plan & budget = ! ,climate ,resili5cy ,corps2 7#c7 ensure t ! ,climate ,resili5cy ,corps is at all times op]at$ 9 a mann] t is consi/5t ) ?is "p1 by-- 7,a7 monitor+ & assess+ ! effectiv5ess ( ! ,corps2 7,b7 p]iodically review+ int]nal policies2 7,c7 review+ & approv+ annual bus9ess plans1 annual budgets1 & long-t]m /rategies submitt$ by ! *ief executive (fic]2 7,d7 review+ & approv+ annual reports submitt$ by ! *ief executive (fic]2 7,e7 engag+ "o or m ext]nal auditors2 & 7,f7 review+ & approv+ all *anges to ! organization ( s5ior managem5t2 7#d7 e/abli% su* o!r crit]ia1 requirem5ts1 or proc$ures z ! ,bo>d ( ,directors may consid] to be appropriate 9 c>ry+ out ?is "p2 7#e7 s]ve z ! prim>y liaison = ! ,climate ,resili5cy ,corps 9 int]actions ) ,congress1 ! executive bran*1 & ,/ate & local gov]nm5ts1 & to repres5t ! ,climate ,resili5cy ,corps 9 su* int]actions & o!rs2 7#f7 approve by a vote ( #e ( ! #g vot+ memb]s ( ! ,bo>d ( ,directors any *anges to ! bylaws or int]nal policies ( ! ,climate ,resili5cy ,corps2 7#g7 h ! au?ority & responsibility-- 7,a7 to ov]see ent]+ into & c>ry out su* contracts1 leases1 coop]ative agreem5ts1 or o!r transactions z are necess>y to c>ry out ?is "p )-- 7i7 any ,f$]al dep>tm5t or ag5cy2 7ii7 any ,/ate1 t]ritory1 or ,tribe ( ! ,unit$ ,/ates2 & 7iii7 any individual1 public-private p>tn]%ip1 firm1 association1 or corporation2 7,b7 to approve ( ! acquisition1 lease1 pl$ge1 ex*ange1 & disposal ( real & p]sonal prop]ty by ! ,climate ,resili5cy ,corps & o!rwise approve ! ex]cise by ! ,climate ,resili5cy ,corps ( all ( ! usual incid5ts ( own]%ip ( prop]ty1 to ! ext5t t ! ex]cise ( su* p[]s is appropriate to & consi/5t ) ! purposes ( ! ,corps2 7,c7 to det]m9e ! "* (1 & ! necessity =1 ! obligations & exp5ditures ( ! ,climate ,resili5cy ,corps1 & ! mann] 9 :i* ! obligations & exp5ditures w be incurr$1 all[$1 & paid1 subject to ?is "p & o!r ,f$]al law specifically applicable to :olly own$ ,f$]al corporations2 7,d7 to sue or be su$ 9 ! corporate capacity ( ! ,climate ,resili5cy ,corps 9 any c\rt ( compet5t jurisdiction2 & 7,e7 to review all projects recomm5d$ by ! *ief executive (fic] = fund+ & to approve1 po/pone1 or d5y ! same by majority vote2 & 7#h7 delegate to ! *ief executive (fic] ^? duties t ! ,bo>d ( ,directors det]m9es appropriate4 7c7 ,vot+ rights ,ea* vot+ memb] ( ! ,bo>d ( ,directors %all h an equal vote 9 all decisions ( ! ,bo>d ( ,directors4 7d7 ,qualifications ( vot+ memb]s ,ea* vot+ memb] ( ! ,bo>d ( ,directors %all-- 7#a7 be a citiz5 ( ! ,unit$ ,/ates2 & 7#b7 h significant demon/rat$ exp]tise 9-- 7,a7 ! managem5t & adm9i/ration ( an in/itution or program relevant to ! op]ation ( ! ,climate ,resili5cy ,corps2 or 7,b7 ! f9anc+1 developm5t1 or op]ation ( infra/ructure projects4 7e7 ,t]ms 7#a7 ,9 g5]al ,except z o!rwise provid$ 9 ?is "p1 ea* vot+ memb] ( ! ,bo>d ( ,directors %all be appo9t$ = a t]m ( #d ye>s4 7#b7 ,initial /agg]$ t]ms ,( ! vot+ memb]s fir/ appo9t$ to ! ,bo>d ( ,directors-- 7,a7 ! initial ,*airp]son & #c ( ! o!r vot+ memb]s %all ea* be appo9t$ = a t]m ( #d ye>s2 & 7,b7 ! rema9+ #c vot+ memb]s %all ea* be appo9t$ = a t]m ( #b ye>s4 7#c7 ,date ( initial nom9ations ,! initial nom9ations = ! appo9tm5t ( all vot+ memb]s ( ! ,bo>d ( ,directors %all be made n lat] ?an #fj days aft] ! date ( enactm5t ( ?is ,act4 7#d7 ,beg9n+ ( t]m ,! t]m ( ea* ( ! initial vot+ memb]s appo9t$ "u ?is section %all comm5ce imm$iately ^u ! date ( appo9tm5t1 except t1 = purposes ( calculat+ ! t]m limits specifi$ 9 ?is subsection1 ! initial t]ms %all ea* be con/ru$ z beg9n+ on ,janu>y #bb ( ! ye> foll[+ ! date ( ! initial appo9tm5t4 7#e7 ,vacancies ,a vacancy 9 ! position ( a vot+ memb] ( ! ,bo>d ( ,directors %all be fill$ by ! ,presid5t1 & a memb] appo9t$ to fill a vacancy on ! ,bo>d ( ,directors occurr+ be=e ! expiration ( ! t]m = :i* ! pr$ecessor 0 appo9t$ %all be appo9t$ only = ! rema9d] ( t t]m4 7f7 ,meet+s 7#a7 ,op5 to ! public2 notice ,except z provid$ 9 p>agraph 7#c71 all meet+s ( ! ,bo>d ( ,directors %all be-- 7,a7 op5 to ! public2 & 7,b7 prec$$ by a public notice ( at lea/ #ad days4 7#b7 ,frequ5cy ,! ,bo>d ( ,directors %all meet n lat] ?an #fj days aft] ! date on :i* all memb]s ( ! ,bo>d ( ,directors are fir/ appo9t$1 at lea/ qu>t]ly !reaft]1 & o!rwise at ! call ( ei!r ! ,*airp]son or #e vot+ memb]s ( ! ,bo>d ( ,directors4 7#c7 ,exception = clos$ meet+s ,! vot+ memb]s ( ! ,bo>d ( ,directors may1 by majority vote1 close a meet+ to ! public if1 dur+ ! meet+ to be clos$1 !re is likely to be disclos$ propriet>y or s5sitive in=mation reg>d+ an infra/ructure project "u consid]ation = assi/ance pursuant to ?is "p4 ,! ,bo>d ( ,directors %all prep>e m9utes ( any meet+ t is clos$ to ! public1 & %all make su* m9utes available z soon z practicable1 n lat] ?an #a ye> aft] ! date ( ! clos$ meet+1 ) any necess>y r$actions to protect any propriet>y or s5sitive in=mation4 7#d7 ,quorum ,= purposes ( meet+s ( ! ,bo>d ( ,directors1 #e vot+ memb]s ( ! ,bo>d ( ,directors %all con/itute a quorum4 7g7 ,comp5sation ( memb]s ,ea* vot+ memb] ( ! ,bo>d ( ,directors %all be comp5sat$ at a rate equal to ! daily equival5t ( ! annual rate ( basic pay prescrib$ = level ,,iii ( ! ,executive ,s*$ule "u section #ecad ( title #e1 ,unit$ ,/ates ,code1 = ea* day 7includ+ travel "t7 dur+ :i* ! memb] is engag$ 9 ! p]=mance ( ! duties ( ! ,bo>d ( ,directors4 7h7 ,conflicts ( int]e/ ,a vot+ memb] ( ! ,bo>d ( ,directors may n p>ticipate 9 any review or decision affect+ a project "u consid]ation "u ?is "p1 if ! memb] has or is affiliat$ ) an entity :o has a f9ancial int]e/ 9 su* project4 #ecc4 ,*ief executive (fic] ( ! ,climate ,resili5cy ,corps 7a7 ,9 g5]al ,! *ief executive (fic] ( ! ,climate ,resili5cy ,corps 7h]e9aft] ref]r$ to z ! *ief executive (fic]7 %all be a nonvot+ memb] ( ! ,bo>d ( ,directors1 :o %all be responsible = direct+ all activities ( ! ,climate ,resili5cy ,corps1 & %all support ! ,bo>d ( ,directors z set =? 9 ?is "p1 z ! ,bo>d ( ,directors det]m9es necess>y or appropriate4 7b7 ,appo9tm5t & t5ure ( ! *ief executive (fic] 7#a7 ,9 g5]al ,! ,presid5t %all appo9t ! *ief executive (fic] by & ) ! advice & cons5t ( ! ,s5ate4 7#b7 ,t]m ,! *ief executive (fic] %all be appo9t$ = a t]m ( #f ye>s4 7#c7 ,vacancies ,any vacancy 9 ! (fice ( ! *ief executive (fic] %all be fill$ by ! ,presid5t1 & ! p]son appo9t$ to fill a vacancy 9 t position occurr+ be=e ! expiration ( ! t]m = :i* ! pr$ecessor 0 appo9t$ %all be appo9t$ only = ! rema9d] ( t t]m4 7c7 ,qualifications ,! *ief executive (fic]-- 7#a7 %all h significant exp]tise 9 ! f9anc+ & developm5t ( infra/ructure projects2 & 7#b7 may n-- 7,a7 hold any o!r public (fice2 7,b7 h any f9ancial int]e/ 9 a project !n be+ consid]$ by ! ,bo>d ( ,directors1 unless t int]e/ is plac$ 9 a bl9d tru/2 or 7,c7 h any f9ancial int]e/ 9 an inve/m5t in/itution or its affiliates or any o!r entity seek+ or likely to seek f9ancial assi/ance = any infra/ructure project f ! ,climate ,resili5cy ,corps1 unless any su* int]e/ is plac$ 9 a bl9d tru/ = ! t5ure ( ! s]vice ( ! *ief executive (fic] plus #b additional ye>s4 7d7 ,responsibilities ,! *ief executive (fic] %all h su* executive functions1 p[]s1 & duties z may be prescrib$ by ?is "p1 ! bylaws ( ! ,climate ,resili5cy ,corps1 or ! ,bo>d ( ,directors1 includ+-- 7#a7 responsibility = ! developm5t & implem5tation ( ! /rategy ( ! ,climate ,resili5cy ,corps1 includ+-- 7,a7 ! developm5t & submission to ! ,bo>d ( ,directors ( ! annual bus9ess plans & budget ( ! ,climate ,resili5cy ,corps2 7,b7 ! developm5t & submission to ! ,bo>d ( ,directors ( a long-t]m /rategic plan = ! ,climate ,resili5cy ,corps2 & 7,c7 ! developm5t1 revision1 & submission to ! ,bo>d ( ,directors ( int]nal policies ( ! ,climate ,resili5cy ,corps1 includ+-- 7i7 policies reg>d+ ! application & approval process = projects to be c>ri$ out pursuant to ?is "p1 includ+-- 7,i7 guidel9es = ! selection & approval ( projects2 7,,ii7 specific crit]ia = det]m9+ eligibility = project selection2 & 7,,iii7 op]ational guidel9es2 & 7ii7 ! e/imat$ timel9e = submission1 approval1 & completion ( projects2 7#b7 responsibility = ! managem5t & ov]sight ( ! daily activities1 decisions1 op]ations1 & p]sonnel ( ! ,climate ,resili5cy ,corps1 includ+-- 7,a7 ! appo9tm5t ( s5ior managem5t1 subject to approval by ! vot+ memb]s ( ! ,bo>d ( ,directors1 & ! hir+ & t]m9ation ( all o!r ,climate ,resili5cy ,corps p]sonnel2 7,b7 ensur+1 9 conjunction ) ! g5]al c\nsel1 t all activities ( ! ,climate ,resili5cy ,corps are c>ri$ out 9 compliance ) applicable law2 7,c7 ov]see+ ! involvem5t ( ! ,climate ,resili5cy ,corps 9 all projects1 includ+-- 7i7 develop+ eligible projects2 7ii7 det]m9+ ! t]ms & conditions ( all infra/ructure projects2 7iii7 monitor+ all infra/ructure projects2 7iv7 prep>+ & submitt+ = approval by ! ,bo>d ( ,directors ! docum5ts requir$ "u p>agraph 7#a72 & 7v7 ensur+ ! implem5tation ( decisions ( ! ,bo>d ( ,directors2 & 7,d7 su* o!r activities z may be necess>y or appropriate 9 c>ry+ out ?is "p4 7e7 ,comp5sation 7#a7 ,9 g5]al ,any comp5sation assessm5t or recomm5dation by ! *ief executive (fic] "u ?is section %all be )\t reg>d to ! provisions ( *apt] #ea or sub*apt] ,,iii ( *apt] #ec ( title #e1 ,unit$ ,/ates ,code4 7#b7 ,consid]ations ,! comp5sation assessm5t or recomm5dation requir$ "u ?is subsection %all take into acc\nt m]it pr9ciples1 :]e applicable1 z well z ! education1 exp]i5ce1 level ( responsibility1 geographic diff]5ces1 & ret5tion & recruitm5t ne$s 9 det]m9+ comp5sation ( p]sonnel4 #ecd4 ,s5ior managem5t 7a7 ,appo9tm5t ( s5ior managem5t ,! *ief executive (fic] %all appo9t su* s5ior manag]s z are necess>y to support ! *ief executive (fic] 9 ! dis*>ge ( ! responsibilities ( ! *ief executive (fic]1 z approv$ by a majority vote ( ! vot+ memb]s ( ! ,bo>d ( ,directors4 7b7 ,removal ( s5ior managem5t ,any memb] ( s5ior managem5t may be remov$1 ei!r by a majority ( ! vot+ memb]s ( ! ,bo>d ( ,directors ^u reque/ by ! *ief executive (fic]1 or o!rwise by vote ( n few] ?an #e vot+ memb]s ( ! ,bo>d ( ,directors4 7c7 ,s5ior managem5t 7#a7 ,9 g5]al ,ea* memb] ( s5ior managem5t %all report directly to ! *ief executive (fic]4 7#b7 ,duties & responsibilities 7,a7 ,*ief f9ancial (fic] ,! *ief f9ancial (fic] %all be responsible = all f9ancial functions ( ! ,corps1 provid$ t1 at ! discretion ( ! ,bo>d ( ,directors1 specific functions ( ! *ief f9ancial (fic] may be delegat$ ext]nally4 7,b7 ,*ief compliance (fic] ,! *ief compliance (fic] %all be responsible = all functions ( ! ,corps relat+ to int]nal audits1 acc\nt+ safegu>ds1 & ! en=cem5t ( su* safegu>ds & o!r applicable requirem5ts4 7,c7 ,g5]al c\nsel ,! g5]al c\nsel %all be responsible = all functions ( ! ,corps relat+ to legal matt]s &1 9 consultation ) ! *ief executive (fic]1 %all be responsible = ensur+ t ! ,corps complies ) all applicable law4 7,d7 ,*ief op]ations (fic] ,! *ief op]ations (fic] %all be responsible = all op]ational functions ( ! ,corps1 includ+ ^? relat+ to ! cont9u+ op]ations & p]=mance ( all infra/ructure projects4 7d7 ,conflicts ( int]e/ ,no individual appo9t$ to s5ior managem5t may-- 7#a7 hold any o!r public (fice2 or 7#b7 h any f9ancial int]e/ 9 a project be+ consid]$ by ! ,bo>d ( ,directors1 unless t int]e/ is plac$ 9 a bl9d tru/4 #ece4 ,g5]al employm5t )9 ! ,climate ,resili5cy ,corps 7a7 ,employm5t pref]5ce ,if ! ,presid5t det]m9es t am\nts appropriat$ to c>ry out ! ,climate ,resili5cy ,corps = a fiscal ye> w be insuffici5t to employ all ( ! citiz5s ( ! ,unit$ ,/ates :o are seek+ or likely to seek employm5t 9 ! ,climate ,resili5cy ,corps1 & to cont9ue ! employm5t ( curr5t employees :o desire to rema9 9 ! ,climate ,resili5cy ,corps1 ! ,presid5t %all give priority to ! hir+ ( additional p]sons 9 ! ,climate ,resili5cy ,corps to-- 7#a7 en]gy transition work]s2 7#b7 unemploy$ vet]ans ( ! ,arm$ ,=ces & unemploy$ memb]s ( ! res]ve compon5ts ( ! ,arm$ ,=ces2 7#c7 unemploy$ citiz5s :o h exhau/$ _! entitlem5t to unemploym5t comp5sation2 7#d7 unemploy$ citiz5s1 :o imm$iately be=e employm5t 9 ! ,climate ,resili5cy ,corps1 are eligible = unemploym5t comp5sation payable "u any ,/ate law or ,f$]al unemploym5t comp5sation law1 includ+ any additional comp5sation or ext5d$ comp5sation "u su* laws2 & 7#e7 o!r citiz5s f m9ority gr\ps1 includ+1 religi\s & e?nic m9orities1 wom51 & individuals ) disabilities4 7b7 ,h\s+ & c>e ( employees ,! ,climate ,resili5cy ,corps may provide h\s+ = p]sons employ$ & furni% !m ) su* subsi/5ce1 clo?+1 m$ical att5dance & hospitalization1 & ca% all[ance1 z may be necess>y dur+ ! duration ( employm5t4 7c7 ,transportation ,! ,climate ,resili5cy ,corps may provide = ! transportation ( p]sons employ$ to & f ! places ( employm5t4 #ecf4 ,project applications ,to be eligible = a project to be complet$ by ! ,climate ,resili5cy ,corps "u ?is "p1 an entity %all submit directly to ! *ief executive (fic] an application 9 su* mann] & conta9+ su* in=mation z ! *ief executive (fic] may require4 #ecg4 ,fund+ ,!re is au?oriz$ to be appropriat$ to c>ry out ?is "p #aj1jjj1jjj1jjj1 to rema9 available until exp5d$4