II 

113TH CONGRESS 

1ST SESSION S. 570 

To establish a competitive grant program in the Department of Energy 

to provide grants to States and units of local government to carry 

out clean energy and carbon reduction measures, to close big oil company 

tax loopholes to pay for the competitive grant program and reduce 

the deficit, and for other purposes. 

IN THE SENATE OF THE UNITED STATES 

MARCH 14, 2013 

Mr. BENNET introduced the following bill; which was read twice and referred 

to the Committee on Finance 

A BILL 

To establish a competitive grant program in the Department 

of Energy to provide grants to States and units of local 

government to carry out clean energy and carbon reduction measures, to close big oil company tax loopholes 

to pay for the competitive grant program and reduce 

the deficit, 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 ‘‘Clean Energy Race 

5 to the Top Act of 2013’’. 


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1 SEC. 2. DEFINITIONS. 

2 In this Act: 

3 (1) ELIGIBLE ENTITY.—The term ‘‘eligible enti4 ty’’ means an entity described in section 3(b). 

5 (2) SECRETARY.—The term ‘‘Secretary’’ means 

6 the Secretary of Energy. 

7 SEC. 3. CLEAN ENERGY GRANT PROGRAM. 

8 (a) IN GENERAL.—There is established in the De9 partment of Energy a program to provide grants to eligi10 ble entities, on a competitive basis, to develop and carry 

11 out clean energy and carbon reduction measures, such 

12 as— 

13 (1) renewable electricity standards; 

14 (2) regional or statewide climate action plans; 

15 (3) the use of hybrid, electric, compressed nat16 ural gas, or fuel cell vehicles in State or local fleets; 

17 (4) measures to increase the percentage of pub18 lic buildings of the eligible entity that are certified 

19 with respect to standards for energy efficiency; 

20 (5) participation in a regional greenhouse gas 

21 reduction program; 

22 (6) facilitation of on-bill financing for energy 

23 efficiency improvements for residences and business 

24 served by rural coops; 


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1 (7) provision of State tax incentives for the 

2 manufacture or installation of clean energy compo3 nents or energy efficiency upgrades; 

4 (8) provision of innovative financing mecha5 nisms to private sector entities to encourage the de6 ployment of clean energy technologies; 

7 (9) implementation of best management prac8 tices for the public utility commission of an eligible 

9 entity; 

10 (10) improvement and updating of grid tech11 nology; and 

12 (11) implementation of carbon efficiency stand13 ards. 

14 (b) ELIGIBLE ENTITIES.—To be eligible to receive a 

15 grant under this section, a State or unit of local govern16 ment, or a regional consortium comprised of States or 

17 units of local governments, in partnership with private sec18 tor and nongovernmental organization partners, shall— 

19 (1) meet any requirements established by the 

20 Secretary under subsection (e); and 

21 (2) submit an application to the Secretary at 

22 such time, in such form, and containing such infor23 mation as the Secretary may require. 


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1 (c) AWARD.—The Secretary shall determine which el2 igible entities shall receive grants and the amount of the 

3 grants provided based on— 

4 (1) the information provided in an application 

5 submitted under subsection (b)(2); and 

6 (2) any criteria for reviewing and ranking appli7 cations developed by the Secretary by regulation 

8 under subsection (e). 

9 (d) USE OF FUNDS.—Grant funds provided under 

10 this section shall only be used for eligible uses specified 

11 by the Secretary by regulation under subsection (e). 

12 (e) REGULATIONS.— 

13 (1) IN GENERAL.—As soon as practicable after 

14 the date of enactment of this Act, the Secretary 

15 shall issue regulations that establish criteria for 

16 grants under this section, including specifying the 

17 types of measures that are eligible for grants, estab18 lishing application criteria, and developing a point 

19 system to assist the Secretary in reviewing and 

20 ranking grant applications. 

21 (2) CONSIDERATIONS.—In developing the regu22 lations under paragraph (1), the Secretary shall take 

23 into account— 

24 (A) regional disparities in the ways in 

25 which energy is produced and used; and 


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1 (B) the clean energy resource potential of 

2 the measures. 

3 (f) EXPLANATION.—As soon as practicable after the 

4 date of enactment of this Act, the Secretary shall publish 

5 in the Federal Register an explanation of the manner by 

6 which grants awarded under subsection (c) would ensure 

7 an objective evaluation based on the criteria regulations 

8 promulgated under subsection (e)(1). 

9 SEC. 4. AUTHORIZATION OF APPROPRIATIONS. 

10 There is authorized to be appropriated to the Sec11 retary for fiscal year 2014 to carry out this Act 

12 $5,000,000,000, to remain available until expended. 

13 SEC. 5. COST OFFSET FOR CLEAN ENERGY GRANT PRO14 GRAM, AND DEFICIT REDUCTION, RESULTING 

15 FROM REDUCTION IN DEDUCTION FOR 

16 MAJOR INTEGRATED OIL COMPANIES FOR IN17 COME ATTRIBUTABLE TO DOMESTIC PRO18 DUCTION OF OIL, GAS, OR PRIMARY PROD19 UCTS THEREOF. 

20 (a) IN GENERAL.—Subparagraph (A) of section 

21 199(d)(9) of the Internal Revenue Code of 1986 is amend22 ed by inserting ‘‘(5 percent in the case of a taxpayer which 

23 is a major integrated oil company (as defined in section 

24 167(h)(5)(B)))’’ after ‘‘3 percent’’. 


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1 (b) EFFECTIVE DATE.—The amendments made by 

2 this section shall apply to taxable years beginning after 

3 December 31, 2013. 

Æ 


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