,,ii #aag? ,,congress #b;d ,session ,s4 #dahc ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,may #aa 7legislative day1 ,may #aj71 #bjbb,mr4 ,b5net introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ! ,judici>y ,a ,,bill ,to e/abli% ! ,national ,en]gy ,transition ,end[m5t & ,community ,revitalization ,corporation1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,national ,en]gy ,community ,transition ,act ( #bjbb4 #b4 ,def9itions ,9 ?is ,act3 7#a7 ,av]age end+ balance ,! t]m av]age end+ balance1 ) respect to an acc\nt 9 ! ,end[m5t1 means-- 7,a7 = ! fir/ fiscal ye> dur+ :i* ! ,end[m5t is 9 op]ation1 ! actual end+ balance ( ! acc\nt2 7,b7 = ! second fiscal ye> dur+ :i* ! ,end[m5t is 9 op]ation1 ! av]age ( ! fiscal ye> end+ balances ( ! acc\nt = t fiscal ye> & ! prec$+ fiscal ye>2 7,c7 = ! ?ird fiscal ye> dur+ :i* ! ,end[m5t is 9 op]ation1 ! av]age ( ! fiscal ye> end+ balances ( ! acc\nt = ! #b-prec$+-fiscal-ye> p]iod2 & 7,d7 = ! f\r? fiscal ye> dur+ :i* ! ,end[m5t is 9 op]ation1 & = ea* fiscal ye> !reaft]1 ! av]age ( ! fiscal ye> end+ balances ( ! acc\nt = ! #c-prec$+-fiscal-ye> p]iod4 7#b7 ,bo>d ,! t]m ,bo>d means ! ,bo>d ( ,directors ( ! ,corporation4 7#c7 ,community developm5t f9ancial in/itution ,! t]m community developm5t f9ancial in/itution has ! mean+ giv5 ! t]m 9 section #ajc ( ! ,community ,developm5t ,bank+ & ,f9ancial ,in/itutions ,act ( #aiid 7#ab ,u4,s4,c4 #dgjb74 7#d7 ,corporation ,! t]m ,corporation means ! ,community ,revitalization ,corporation e/abli%$ by section #c7;a74 7#e7 ,eligible community ,! t]m eligible community means-- 7,a7 a community exp]i5c+ or likely to exp]i5ce an economic or work=ce transition relat+ to *anges 9 applicable-- 7i7 fossil fuel electricity g5]ation2 or 7ii7 fossil fuel extraction1 developm5t1 or dem&2 & 7,b7 a community exp]i5c+ or likely to exp]i5ce a decl9e 9 fossil fuel-relat$ rev5ue4 7#f7 ,end[m5t ,! t]m ,end[m5t means ! ,national ,en]gy ,transition ,end[m5t ,fund e/abli%$ by section #d7;a77#a74 7#g7 ,en]gy community hub ,! t]m en]gy community hub means a place-bas$ organization 7includ+ a nonpr(it entity1 community developm5t f9ancial in/itution1 regional economic developm5t au?ority1 or o!r community-bas$ organization1 z det]m9$ to be appropriate by ! ,corporation7 t-- 7,a7 facilitates economic & community developm5t 9 an eligible community2 & 7,b7 provides necess>y capacity & exp]i5ce to implem5t a transition program = #a or m eligible communities4 7#h7 ,transition program ,! t]m transition program means a program describ$ 9 section #e7;a77#b7 or p>agraph 7#c7 or 7#d7 ( section #e7;b74 #c4 ,e/abli%m5t ( ! community revitalization corporation 7a7 ,9 g5]al ,!re is e/abli%$ a f$]ally *>t]$1 nonpr(it corporation1 to be kn[n z ! ,community ,revitalization ,corporation4 7b7 ,/atus & applicable laws 7#a7 ,non-,f$]al entity ,! ,corporation is n a dep>tm5t1 ag5cy1 or in/rum5tality ( ! ,unit$ ,/ates ,gov]nm5t4 7#b7 ,liability ,! ,unit$ ,/ates ,gov]nm5t %all n be liable = ! actions or inactions ( ! ,corporation4 7#c7 ,nonpr(it corporation ,! ,corporation %all h & ma9ta9 ! /atus ( ! ,corporation z a nonpr(it corporation exempt f taxation "u ! ,int]nal ,rev5ue ,code ( #aihf4 7c7 ,bo>d ( directors 7#a7 ,au?ority ,! p[]s ( ! ,corporation %all be ve/$ 9 a ,bo>d ( ,directors t gov]ns ! ,corporation4 7#b7 ,memb]%ip 7,a7 ,9 g5]al ,! ,bo>d %all be compos$ ( n few] ?an #g b n m ?an #aa memb]s1 :o %all be appo9t$ by ! ,presid5t1 n lat] ?an #ij days aft] ! date ( enactm5t ( ?is ,act1 by & ) ! advice & cons5t ( ! ,s5ate4 7,b7 ,qualifications ( memb]s 7i7 ,9 g5]al ,subject to clauses 7ii7 & 7iii71 9 mak+ appo9tm5ts "u subp>agraph 7,a71 ! ,presid5t %all ensure t ! memb]%ip ( ! ,bo>d-- 7,i7 includes-- 7aa7 memb]s f eligible communities2 7bb7 memb]s ) relevant economic developm5t exp]i5ces )-- 7,,aa7 eligible communities2 7,,bb7 und]s]v$ rural communities 9 economic di/ress2 & 7,,cc7 und]repres5t$ m9ority communities1 su* z indig5\s communities1 ,tribal communities1 or communities ( color2 & 7cc7 memb]s repres5t+ a recogniz$ ,/ate labor organization or c5tral labor c\ncil or o!r labor repres5tatives1 z appropriate2 & 7,,ii7 has n m ?an a #a-memb] majority f any political p>ty4 7ii7 ,prohibition ,a memb] ( ! ,bo>d %all n hold an (fice1 position1 or employm5t 9 any political p>ty4 7iii7 ,initial memb]s ,! ,presid5t %all ensure t ! initial memb]%ip ( ! ,bo>d includes a repres5tative ( ea* ( ! ,nor!rn ,rocky ,m\nta9 region1 ! ,f\r ,corn]s region1 ! ,mid-,cont95tal ,gulf ,coa/ region1 ! ,ill9ois ,bas9 region1 ! ,appala*ian region1 & ! ,alaska region1 z describ$ 9 ! report prep>$ by ! ,int]ag5cy ,work+ ,gr\p on ,coal & ,p[] ,plant ,communities & ,economic ,revitalization entitl$ ,initial ,report to ! ,presid5t on ,emp[]+ ,work]s ,?r\gh ,revitaliz+ ,en]gy ,communities & dat$ ,april #bjba4 7,c7 ,t]ms 7i7 ,9 g5]al ,a memb] ( ! ,bo>d %all be appo9t$ = a t]m ( #d ye>s1 except t ! ,presid5t %all designate /agg]$ t]ms = ! memb]s fir/ appo9t$ to ! ,bo>d4 7ii7 ,reappo9tm5t ,a memb] ( ! ,bo>d may be reappo9t$ to s]ve an additional t]m1 subject to ! condition t ! memb] may s]ve = n m ?an #b consecutive t]ms4 7,d7 ,vacancies 7i7 ,9 g5]al ,a vacancy on ! ,bo>d %all be-- 7,i7 fill$ 9 ! mann] 9 :i* ! orig9al appo9tm5t 0 made2 & 7,,ii7 subject to any conditions t appli$ ) respect to ! orig9al appo9tm5t4 7ii7 ,fill+ unexpir$ t]m ,an individual *os5 to fill a vacancy %all be appo9t$ = ! unexpir$ t]m ( ! memb] replac$4 7,e7 ,expiration ( t]ms ,any memb] ( ! ,bo>d may cont9ue to s]ve aft] ! expiration ( ! t]m = :i* ! memb] 0 appo9t$ until a qualifi$ successor has be5 appo9t$4 7#c7 ,*airp]son 7,a7 ,9 g5]al ,! ,*airp]son ( ! ,bo>d %all be select$ f among ! memb]s ( ! ,bo>d by a majority vote ( ! memb]s4 7,b7 ,t]m ( s]vice ,! ,*airp]son ( ! ,bo>d-- 7i7 %all s]ve = a t]m ( n long] ?an #d ye>s2 & 7ii7 may be reelect$ to s]ve an additional t]m1 subject to ! condition t ! ,*airp]son may s]ve = n m ?an #b consecutive t]ms4 7#d7 ,consultation ,to ! maximum ext5t practicable1 9 c>ry+ out ! duties ( ! ,corporation "u subsection 7d77#c71 ! ,bo>d %all engage regional economic developm5t entities & en]gy community hubs to solicit & consid] input & fe$back relat+ to decisions impact+ ! #a or m regions ! entity repres5ts4 7d7 ,bylaws & duties 7#a7 ,9 g5]al ,! ,bo>d %all adopt1 & may am5d1 ! bylaws ( ! ,corporation4 7#b7 ,bylaws ,! bylaws ( ! ,corporation %all include1 at a m9imum-- 7,a7 ! duties & responsibilities ( ! ,bo>d2 & 7,b7 ! op]ational proc$ures ( ! ,corporation4 7#c7 ,duties & responsibilities ( bo>d ,! ,bo>d %all be responsible = actions ( ! ,corporation1 includ+-- 7,a7 hir+ /aff to c>ry out ! functions ( ! ,corporation2 7,b7 ent]+ into contracts ) fund managem5t & inve/m5t pr(essionals to manage ! ,end[m5t2 7,c7 mak+ =mula paym5ts "u section #e7;a77#b72 7,d7 mak+ grants 9 accordance ) section #e7;b77#c72 7,e7 monitor+ ,f$]al & ,/ate policies relevant to rural & transition+ communities2 7,f7 coord9at+ 7includ+ ?r\gh ent]+ into contracts71 z appropriate1 ) relevant ag5cies1 in/itutions1 en]gy community hubs1 & o!r entities t provide economic1 tra9+1 & capacity assi/ance to eligible communities consi/5t ) ! duties "u subp>agraphs 7,c71 7,d71 7,h71 & 7,i72 7,g7 creat+ & ma9ta9+ accessible electronic mat]ials t>get$ t[>ds eligible communities1 includ+ up-to-date1 us]-fri5dly in=mation on-- 7i7 ! programs & activities c>ri$ out by ! ,corporation2 & 7ii7 o!r relevant ,f$]al programs t provide economic assi/ance to eligible communities or o!r simil> transition+ communities2 7,h7 mak+ public inve/m5ts 9 accordance ) section #e7;b77#d72 & 7,i7 monitor+1 assess+1 & report+ on outcomes (-- 7i7 any f9ancial assi/ance provid$ "u a transition program2 & 7ii7 any public inve/m5t made "u section #e7;b77#d74 7#d7 ,*ief ,executive ,(fic] ,! ,bo>d %all select & hire a ,*ief ,executive ,(fic]1 :o %all report directly to ! ,bo>d4 #d4 ,e/abli%m5t ( end[m5t & inve/m5t /rategy 7a7 ,end[m5t fund 7#a7 ,9 g5]al ,!re is e/abli%$ )9 ! ,corporation an end[m5t1 to be kn[n z ! ,national ,en]gy ,transition ,end[m5t ,fund1 consi/+ (-- 7,a7 am\nts deposit$ 9 ! ,end[m5t "u p>agraph 7#c7 & subsection 7b77#c77;,b72 7,b7 income f inve/m5ts ( am\nts 9 ! ,end[m5t "u p>agraph 7#d72 & 7,c7 am\nts transf]r$ to ! ,end[m5t "u subsection 7c74 7#b7 ,acc\nts ,)9 ! ,end[m5t1 !re are e/abli%$ ! foll[+ acc\nts3 7,a7 ,! ,transition+ ,communities ,p]man5t ,acc\nt1 consi/+ ( ! am\nts describ$ 9 subp>agraphs 7,a7 & 7,b7 ( p>agraph 7#a74 7,b7 ,! ,transition+ ,communities ,b5efit ,acc\nt1 consi/+ ( ! am\nts describ$ 9 p>agraph 7#a77;,c74 7#c7 ,deposit ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y ( ! ,treasury %all deposit 9 ! ,end[m5t1 out ( am\nts 9 ! ,treasury n o!rwise appropriat$1 #bj1jjj1jjj1jjj4 7#d7 ,inve/m5ts ,9 accordance ) ! inve/m5t /rategy develop$ "u subsection 7b77#a71 ! ,bo>d %all inve/ ! pr9cipal balance ( ! ,end[m5t4 7b7 ,inve/m5ts 7#a7 ,9 g5]al ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 ! ,bo>d %all e/abli% an inve/m5t /rategy = am\nts 9 ! ,end[m5t t-- 7,a7 protects ! pr9cipal balance ( ! ,end[m5t f inflation ?r\gh su* measures z ! ,bo>d det]m9es to be necess>y to ma9ta9 9 p]petuity ! inflation-adju/$ value ( all deposits into ! ,end[m5t "u subp>agraphs 7,a7 & 7,c7 ( subsection 7a77#a72 & 7,b7 to ! maximum ext5t practicable1 a*ieves a return on inve/m5t ( #e p]c5t 7net ( inflation7 to f9ance-- 7i7 disbursem5ts to eligible entities "u section #e7;a77#b72 & 7ii7 ! adm9i/ration ( ! ,corporation "u p>agraph 7#c77;,a74 7#b7 ,inve/m5t ( pr9cipal balance ,( ! pr9cipal balance ( ! ,end[m5t1 ! ,bo>d %all inve/-- 7,a7 an am\nt equal to n less ?an #he p]c5t1 & n m ?an #ij p]c5t1 9 a div]sifi$ portfolio ( /ocks & bonds2 & 7,b7 an am\nt equal to n less ?an #aj p]c5t1 & n m ?an #ae p]c5t1 9 inve/m5ts t lev]age ! purposes ( disbursem5ts f ! ,end[m5t au?oriz$ "u section #e4 7#c7 ,adm9i/rative funds 7,a7 ,9 g5]al ,= ea* fiscal ye>1 ! ,bo>d may disburse to ! ,corporation f ! ,transition+ ,communities ,p]man5t ,acc\nt1 = ! adm9i/rative exp5ses ( ! ,corporation1 n m ?an ! am\nt equal to ! product obta9$ by multiply+-- 7i7 ! av]age end+ balance ( ! ,transition+ ,communities ,p]man5t ,acc\nt ) respect to t fiscal ye>2 & 7ii7 #j4e p]c5t4 7,b7 ,excess funds ,if ! am\nt ( ! actual adm9i/rative exp5ses ( ! ,corporation = a fiscal ye> is less ?an ! am\nt disburs$ to ! ,corporation = ! fiscal ye> "u subp>agraph 7,a71 an am\nt equal to ! diff]5ce betwe5 ^? am\nts %all be deposit$ 9 ! ,end[m5t4 7c7 ,transf]s to end[m5t f en]gy & natural res\rces leas+ ,ea* fiscal ye>1 ! ,secret>y ( ! ,treasury %all transf] to ! ,end[m5t an am\nt equal to #cc p]c5t ( am\nts 9 ! ,treasury receiv$ f fossil fuel extraction & production leas+ & r5ewable en]gy res\rce leas+ on ,f$]al l& = t fiscal ye> & n o!rwise obligat$4 7d7 ,reports ,! ,corporation %all submit to ,congress1 & make available to ! public 7includ+ any eligible entities t receive f9ancial assi/ance "u a transition program7-- 7#a7 a qu>t]ly report on ,end[m5t inve/m5t outcomes2 & 7#b7 an annual report describ+ disbursem5ts f ! ,end[m5t1 includ+ h[ am\nts 7 allocat$ "u ! transition programs4 7e7 ,ov]sight ,annually1 ! ,inspectors ,g5]al ( ! ,dep>tm5t ( ! ,int]ior & ! ,dep>tm5t ( ! ,treasury %all conduct a review ( ! managem5t ( ! ,end[m5t by ! ,corporation4 #e4 ,disbursem5ts f ,end[m5t 7a7 ,transition+ ,communities ,p]man5t ,acc\nt 7#a7 ,availability ( am\nts ,n lat] ?an ,septemb] #cj ( ea* fiscal ye>1 9 accordance ) p>agraph 7#b71 ! ,bo>d %all make available f ! ,transition+ ,communities ,p]man5t ,acc\nt an am\nt equal to ! product obta9$ by multiply+-- 7,a7 ! av]age end+ balance ( ! ,transition+ ,communities ,p]man5t ,acc\nt ) respect to t fiscal ye>2 & 7,b7 #d4e p]c5t4 7#b7 ,=mula di/ribution 7,a7 ,def9ition ( eligible entity ,9 ?is p>agraph1 ! t]m eligible entity means a municipal1 c\nty1 or ,tribal gov]nm5t t repres5ts an eligible community4 7,b7 ,allocation ,! ,corporation %all allocate ! am\nt made available f ! ,transition+ ,communities ,p]man5t ,acc\nt "u p>agraph 7#a7 ea* fiscal ye> to eligible entities pursuant to subp>agraph 7,c74 7,c7 ,=mula 7i7 ,9 g5]al ,! ,corporation %all e/abli% a =mula to allocate am\nts made available f ! ,transition+ ,communities ,p]man5t ,acc\nt ea* fiscal ye> "u subp>agraph 7,b7 directly to eligible entities4 7ii7 ,requirem5t ,to ! maximum ext5t practicable1 9 e/abli%+ ! =mula "u clause 7i71 ! ,corporation %all use z a model exi/+ =mulas e/abli%$ by ! ,treasury1 if available & z applicable4 7,d7 ,review & public comm5t 7i7 ,9 g5]al ,! ,bo>d %all review ! =mula e/abli%$ "u subp>agraph 7,c7 n less frequ5tly ?an once e #c ye>s4 7ii7 ,public comm5t ,! results ( ! review conduct$ "u clause 7i71 includ+ any recomm5d$ *anges to ! =mula made by ! ,bo>d1 %all be subject to a p]iod ( public comm5t ( n less ?an #cj days4 7,e7 ,=mula crit]ia ,! =mula e/abli%$ "u subp>agraph 7,c7 or modifi$ "u subp>agraph 7,d7 %all-- 7i7 be design$ to reflect eligible communities2 & 7ii7 take into acc\nt rev5ue decl9es t-- 7,i7 h occurr$ dur+ ! #bj-ye> p]iod end+ on1 z applicable-- 7aa7 ! date ( enactm5t ( ?is ,act2 or 7bb7 ! date ( ! applicable review "u subp>agraph 7,d77i72 & 7,,ii7 are project$ to occur dur+ ! #aj-ye> p]iod beg9n+ on1 z applicable-- 7aa7 ! date ( enactm5t ( ?is ,act2 or 7bb7 ! date ( ! applicable review "u subp>agraph 7,d77i74 7,f7 ,priority 7i7 ,def9ition ( (ficially ann\nc$ closure ,9 ?is subp>agraph1 ! t]m (ficially ann\nc$ closure means-- 7,i7 9 ! case ( ! closure ( a fossil fuel en]gy-g5]at+ unit or facility1 a notice ( closure fil$ )-- 7aa7 ! ,en]gy ,in=mation ,adm9i/ration2 or 7bb7 a relevant regional reliability regulator1 includ+ a ,regional ,transmission ,organization1 ,indep5d5t ,sy/em ,op]ator1 or ,/ate public utility commission2 & 7,,ii7 9 ! case ( ! closure ( a coal m9e t provides coal = an electric p[] plant = :i* a notice ( closure has be5 fil$ "u subclause 7,i71 a notice ( closure t includes support+ docum5tation f =m #ibc ( ! ,en]gy ,in=mation ,adm9i/ration 7or a successor =m74 7ii7 ,priority ,9 e/abli%+ ! =mula "u subp>agraph 7,c71 ! ,corporation %all prioritize eligible entities locat$ 9 eligible communities exp]i5c+ or likely to exp]i5ce an acute fiscal crisis associat$ ) ! loss ( rev5ue result+ f-- 7,i7 ! closure or (ficially ann\nc$ closure ( #a or m fossil fuel en]gy-g5]at+ units or facilities2 or 7,,ii7 ! decl9e or cessation ( fossil fuel extraction activities4 7,g7 ,consid]ations ,9 e/abli%+ ! =mula "u subp>agraph 7,c71 ! ,corporation %all consid] community *>act]i/ics1 includ+ social & economic measures ( income1 pov]ty1 education1 geographic isolation1 & o!r *>act]i/ics id5tifi$ by ! ,corporation4 7,h7 ,use ( funds ,an eligible entity may use am\nts receiv$ "u ?is p>agraph = any gov]nm5tal purpose4 7b7 ,transition+ ,communities ,p]man5t ,acc\nt 7#a7 ,availability ( am\nts ,n lat] ?an ,septemb] #cj ( ea* fiscal ye>1 9 accordance ) p>agraphs 7#b7 ?r\gh 7#d71 ! ,bo>d %all make available f ! ,transition+ ,communities ,b5efit ,acc\nt an am\nt equal to ! product obta9$ by multiply+-- 7,a7 ! av]age end+ balance ( ! ,transition+ ,communities ,b5efit ,acc\nt ) respect to t fiscal ye>2 & 7,b7 #d4e p]c5t4 7#b7 ,allocation ,! ,corporation %all allocate ! am\nt made available f ! ,transition+ ,communities ,b5efit ,acc\nt "u p>agraph 7#a7 ea* fiscal ye>-- 7,a7 to provide grants to eligible entities pursuant to ! transition program describ$ 9 p>agraph 7#c72 & 7,b7 = public inve/m5t pursuant to ! transition program describ$ 9 p>agraph 7#d74 7#c7 ,capacity build+2 plann+ & implem5tation grants 7,a7 ,def9ition ( eligible entity ,9 ?is p>agraph1 ! t]m eligible entity includes-- 7i7 a municipal1 c\nty1 or ,tribal gov]nm5t2 7ii7 an en]gy community hub2 & 7iii7 any o!r entity t repres5ts eligible communities1 z det]m9$ to be appropriate by ! ,corporation4 7,b7 ,priority2 limitation 7i7 ,priority ,priority = grants "u ?is p>agraph %all be giv5 to eligible entities c>ry+ out activities 9 eligible communities t h limit$ capacity to apply = or o!rwise access ,f$]al fund+1 z det]m9$ by ! ,corporation4 7ii7 ,limitation ,9 ! case ( an eligible entity describ$ 9 clause 7ii7 or 7iii7 ( subp>agraph 7,a71 a grant "u ?is p>agraph may only be provid$ to ! eligible entity if ! applicable municipal1 c\nty1 or ,tribal gov]nm5t submits to ! ,corporation1 9 writ+1 a /atem5t t ! applicable municipal1 c\nty1 or ,tribal gov]nm5t supports ! grant = ! eligible entity4 7,c7 ,tra9+ & te*nical assi/ance ,ea* fiscal ye>1 out ( am\nts made available f ! ,transition+ ,communities ,b5efit ,acc\nt "u p>agraph 7#b77;,a71 ! ,corporation %all provide to eligible entities te*nical assi/ance to apply = or o!rwise access ,f$]al fund+1 includ+ capacity-build+ grants "u subp>agraph 7,d7 & plann+ & implem5tation grants "u subp>agraph 7,e74 7,d7 ,capacity-build+ grants ,ea* fiscal ye>1 out ( am\nts made available f ! ,transition+ ,communities ,b5efit ,acc\nt "u p>agraph 7#b77;,a71 ! ,corporation %all make noncompetitive capacity-build+ grants to ea* eligible entity to assi/ ) develop+ /rategic transition plans necess>y to receive additional competitive grants & f9anc+ opportunities4 7,e7 ,plann+ & implem5tation grants 7i7 ,grants ,ea* fiscal ye>1 out ( am\nts made available f ! ,transition+ ,communities ,b5efit ,acc\nt "u p>agraph 7#b77;,a71 ! ,corporation %all make competitive1 multiye> grants to eligible entities to fund-- 7,i7 /rategic transition plann+ activities 9 eligible communities2 7,,ii7 ! implem5tation ( transition plans 9 eligible communities2 & 7,,iii7 transition projects 9 eligible communities1 includ+ work=ce retra9+ & community developm5t projects4 7ii7 ,/rategy = data collection1 monitor+1 & report+ ,9 c>ry+ out ?is subp>agraph1 ! ,corporation %all develop a /rategy to assi/ eligible entities receiv+ grants "u ?is subp>agraph ) any applicable data collection1 monitor+1 & report+ requirem5ts4 7iii7 ,assessm5t by ,corporation ,to ensure transp>5cy & improve ! transf] & und]/&+ ( transition plann+ & implem5tation outcomes1 ! ,corporation %all compile1 conduct assessm5ts (1 & report on data provid$ by eligible entities provid$ grants "u ?is subp>agraph1 9 accordance ) section #c7;d77#c77;,i74 7#d7 ,public inve/m5t 7,a7 ,9 g5]al ,ea* fiscal ye>1 out ( am\nts made available f ! ,transition+ ,communities ,b5efit ,acc\nt "u p>agraph 7#b77;,b71 ! ,corporation %all make public inve/m5ts 9 public or private projects c>ri$ out 9 eligible communities t lev]age transition programs fund$ "u p>agraph 7#c74 7,b7 ,consultation ,! ,corporation may c>ry out subp>agraph 7,a7 9 consultation ) ! /aff ( ! ,corporation1 community developm5t f9ancial in/itutions1 public b5efit corporations1 entities t provide philan?ropic fund+1 en]gy community hubs1 & o!r p>tn]s to inve/ capital 9 bus9esses & infra/ructure 9 eligible communities4 7,c7 ,requirem5t = return on inve/m5t ,to ! maximum ext5t practicable1 ! ,corporation %all ensure t ! entire portfolio ( transition inve/m5ts "u subp>agraph 7,a7 contributes to a return to ! ,end[m5t t a*ieves ! t>get describ$ 9 section #d7;b77#a77;,b74