II 

117TH CONGRESS 

2D SESSION S. 4771 

To amend the Energy Policy Act of 1992 to provide for direct loans to 

Indian tribes and tribal energy development organizations for energy 

development, and for other purposes. 

IN THE SENATE OF THE UNITED STATES 

AUGUST 4, 2022 

Ms. CORTEZ MASTO introduced the following bill; which was read twice and 

referred to the Committee on Energy and Natural Resources 

A BILL 

To amend the Energy Policy Act of 1992 to provide for 

direct loans to Indian tribes and tribal energy development organizations for energy development, and for other 

purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Tribal Energy Invest5 ment Act of 2022’’. 

6 SEC. 2. DIRECT LOANS. 

7 (a) IN GENERAL.—Section 2602(c) of the Energy 

8 Policy Act of 1992 (25 U.S.C. 3502(c)) is amended— 


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•S 4771 IS

1 (1) in the subsection heading, by inserting ‘‘DI2 RECT LOAN AND’’ after ‘‘ENERGY’’; 

3 (2) in paragraph (1)— 

4 (A) by striking ‘‘provide loan guarantees’’ 

5 and inserting the following: ‘‘provide— 

6 ‘‘(A) loan guarantees’’; 

7 (B) in subparagraph (A) (as so des8 ignated), by striking the period at the end and 

9 inserting ‘‘; and’’; and 

10 (C) by adding at the end the following: 

11 ‘‘(B) direct loans (as defined in section 

12 502 of the Federal Credit Reform Act of 1990 

13 (2 U.S.C. 661a)) to an Indian tribe or a tribal 

14 energy development organization for energy de15 velopment.’’; 

16 (3) in paragraph (2), by inserting ‘‘or a direct 

17 loan’’ after ‘‘loan guarantee’’; 

18 (4) by striking paragraph (4) and inserting the 

19 following: 

20 ‘‘(4) AGGREGATE OUTSTANDING AMOUNT.—The 

21 sum of the aggregate outstanding amount guaran22 teed and the aggregate outstanding amount of direct 

23 loans provided under paragraph (1) at any time 

24 shall not exceed $2,000,000,000.’’; and 

25 (5) by adding at the end the following: 


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•S 4771 IS

1 ‘‘(8) FEDERAL FINANCING BANK.—A direct 

2 loan provided under this subsection shall be made 

3 through the Federal Financing Bank, with the full 

4 faith and credit of the United States Government on 

5 the principal and interest of the loan.’’. 

6 (b) PREVIOUS FUNDING.—Amounts appropriated or 

7 otherwise made available for the cost of loan guarantees 

8 made pursuant to section 2602(c) of the Energy Policy 

9 Act of 1992 (25 U.S.C. 3502(c)) as in effect on the day 

10 before the date of enactment of this Act may also be made 

11 available for the cost of direct loans made pursuant to that 

12 subsection as of the date of enactment of this Act. 

13 SEC. 3. REPORT ON CERTAIN DEPARTMENT OF ENERGY 

14 LOAN GUARANTEES. 

15 (a) IN GENERAL.—Section 1702(q) of the Energy 

16 Policy Act of 2005 (42 U.S.C. 16512(q)) is amended— 

17 (1) in the matter preceding paragraph (1), by 

18 striking ‘‘3’’ and inserting ‘‘2’’; 

19 (2) by redesignating paragraphs (8) and (9) as 

20 paragraphs (9) and (10), respectively; and 

21 (3) by inserting after paragraph (7) the fol22 lowing: 

23 ‘‘(8) the amount available to the Secretary to 

24 make guarantees under this title;’’. 


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•S 4771 IS

1 (b) TECHNICAL AMENDMENT.—Section 1702 of the 

2 Energy Policy Act of 2005 (42 U.S.C. 16512) is amended 

3 by redesignating the second subsection (r) (relating to 

4 State Energy Financing Institutions) as subsection (s). 

Æ 


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