such revolving loan fund will achieve the pur-
poses described in subsection (a); 
‘‘(B) whether the State will be able to pro-
vide loans from the revolving loan fund to small 
or medium-sized manufacturers before the date 
that is 120 days after the date on which the 
State receives the grant; 
‘‘(C) a description of how the State will 
administer the revolving loan fund in coordina-
tion with other State and Federal programs, in-
cluding programs administered by the Assistant 
Secretary for Economic Development; 
‘‘(D) a description of the actual or poten-
tial clean energy manufacturing supply chains, 
including significant component parts, in the re-
gion served by the revolving loan fund; 
‘‘(E) how the State will target the provi-
sion of loans under the Program to manufactur-
ers located in regions characterized by high un-
employment and sudden and severe economic 
dislocation, in particular where mass layoffs 
have resulted in a precipitous increase in unem-
ployment; 
‘‘(F) the availability of a skilled manufac-
turing workforce in the region served by the re-
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volving loan fund and the capacity of the re-
gion’s workforce and education systems to pro-
vide pathways for unemployed or low-income 
workers into skilled manufacturing employment; 
‘‘(G) a description of how the State will 
target loans to small or medium-sized manufac-
turers who are— 
‘‘(i) manufacturers of automobile com-
ponents; and 
‘‘(ii) either— 
‘‘(I) increasing the energy effi-
ciency of their manufacturing facili-
ties; or 
‘‘(II) retooling to manufacture 
clean energy products or energy effi-
cient products, including manufac-
turing components to improve the 
compliance of an automobile with fuel 
economy standards prescribed under 
section 32902 of title 49, United 
States Code; 
‘‘(H) a description of how the State will 
use the loan fund to achieve the earliest and 
maximum greenhouse gas emission reductions 
within a reasonable period of time per dollar in-
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vested and with the fewest non-greenhouse gas 
environmental impacts; and 
‘‘(I) such other factors as the Secretary 
considers appropriate to ensure that grants 
awarded under the Program effectively and effi-
ciently achieve the purposes described in sub-
section (a). 
‘‘(e) REVOLVING LOAN FUNDS.— 
‘‘(1) IN GENERAL.—A State receiving a grant 
under the Program shall establish, maintain, and 
administer a revolving loan fund in accordance with 
this subsection. 
‘‘(2) DEPOSITS.—A revolving loan fund shall 
consist of the following: 
‘‘(A) Amounts from grants awarded under 
this section. 
‘‘(B) All amounts held or received by the 
State incident to the provision of loans de-
scribed in subsection (f), including all collec-
tions of principal and interest. 
‘‘(3) EXPENDITURES.—Amounts in the revolv-
ing loan fund shall be available for the provision and 
administration of loans in accordance with sub-
section (f). 
‘‘(f) LOANS.— 
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‘‘(1) IN GENERAL.—A State receiving a grant 
under this section shall use the amount in the re-
volving loan fund to provide loans to small and me-
dium-sized manufacturers as described in subsection 
(c)(1). 
‘‘(2) LOAN TERMS AND CONDITIONS.—The fol-
lowing shall apply with respect to loans provided 
under paragraph (1): 
‘‘(A) TERMS.—Loans shall have a term de-
termined by the State receiving the grant as 
follows: 
‘‘(i) For fixed assets, the term of the 
loan shall not exceed the useful life of the 
asset and shall be less than 15 years. 
‘‘(ii) For working capital, the term of 
the loan shall not exceed 36 months. 
‘‘(B) INTEREST RATES.—Loans shall bear 
an interest rate determined by the State receiv-
ing the grant as follows: 
‘‘(i) The interest rate shall enable the 
loan recipient to accomplish the activities 
described in subparagraphs (A) and (B) of 
subsection (c)(1). 
‘‘(ii) The interest rate may be set 
below-market interest rates. 
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‘‘(iii) The interest rate may not be 
less than zero percent. 
‘‘(iv) The interest rate may not exceed 
the current prime rate plus 500 basis 
points. 
‘‘(C) DESCRIPTION AND BUDGET FOR USE 
OF
LOAN
FUNDS.—Each recipient of a loan 
from a State under the Program shall develop 
and submit to the State and the Secretary a de-
scription and budget for the use of loan 
amounts, including a description of the fol-
lowing: 
‘‘(i) Any new business expected to be 
developed with the loan. 
‘‘(ii) Any improvements to manufac-
turing operations to be developed with the 
loan. 
‘‘(iii) Any technology expected to be 
commercialized with the loan. 
‘‘(D) PRIORITY
IN
REVIEW
AND
PREF-
ERENCE IN SELECTION FOR CERTAIN LOAN AP-
PLICANTS.— 
‘‘(i) REVIEW.—In reviewing applica-
tions submitted by small or medium-sized 
manufacturers for a loan, a recipient of a 
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grant under the Program shall give pri-
ority to small or medium-sized manufac-
turers described in clause (iii). 
‘‘(ii) SELECTION.—In selecting small 
or medium-sized manufacturers to receive 
a loan, a recipient of a grant under the 
Program shall give preference to small or 
medium-sized manufacturers described in 
clause (iii). 
‘‘(iii) 
PRIORITY
AND
PREFERRED 
SMALL
OR
MEDIUM-SIZED
MANUFACTUR-
ERS.—A small or medium-sized manufac-
turer described in this clause is a manufac-
turer that— 
‘‘(I) is certified by a Hollings 
Manufacturing Extension Center or a 
manufacturing-related 
local 
inter-
mediary designated by the Secretary 
for purposes of providing such certifi-
cation; or 
‘‘(II) provides individuals em-
ployed at the manufacturing facilities 
of the manufacturer— 
‘‘(aa) pay in amounts that 
are, on average, equal to or more 
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than the average wage of an indi-
vidual working in a manufac-
turing facility in the State; and 
‘‘(bb) health benefits. 
‘‘(iv) CERTIFICATION
BY
HOLLINGS 
MANUFACTURING EXTENSION CENTER.—A 
Hollings Manufacturing Extension Center 
or other entity designated by the Secretary 
for purposes of providing certification 
under clause (iii)(I) shall only certify appli-
cations for a loan after carrying out a 
qualitative and quantitative review of the 
applicant’s business strategy, manufac-
turing operations, and technological ability 
to contribute to the purposes described in 
subsection (a). 
‘‘(E) REPAYMENT UPON RELOCATION OUT-
SIDE UNITED STATES.— 
‘‘(i) IN
GENERAL.—If a person re-
ceives a loan under paragraph (1) to fi-
nance the cost of reequipping, expanding, 
or establishing a manufacturing facility as 
described in subsection (c)(1)(A) or to re-
duce the energy intensity of a manufac-
turing facility and such person relocates 
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the production activities of such manufac-
turing facility outside the United States 
during the term of the loan, the recipient 
shall repay such loan in full with interest 
as described in clause (ii) and for a dura-
tion described in clause (iii). 
‘‘(ii) PAYMENT
OF
INTEREST.—Any 
amount owed by the recipient of a loan 
under paragraph (1) who is required to 
repay the loan under clause (i) shall bear 
interest at a penalty rate determined by 
the Secretary to deter recipients of loans 
under paragraph (1) from relocating pro-
duction activities as described in clause (i). 
‘‘(iii) PERIOD
OF
REPAYMENT.—Re-
payment of a loan under clause (i) shall be 
for a duration determined by the Sec-
retary. 
‘‘(F) COMPLIANCE WITH WAGE RATE RE-
QUIREMENTS.—Each recipient of a loan shall 
undertake and agree to incorporate or cause to 
be incorporated into all contracts for construc-
tion, alteration or repair, which are paid for in 
whole or in part with funds obtained pursuant 
to such loan, a requirement that all laborers 
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and mechanics employed by contractors and 
subcontractors performing construction, alter-
ation or repair shall be paid wages at rates not 
less than those determined by the Secretary of 
Labor, in accordance with subchapter IV of 
chapter 31 of title 40, United States Code 
(known as the ‘Davis-Bacon Act’), to be pre-
vailing for the corresponding classes of laborers 
and mechanics employed on projects of a char-
acter similar to the contract work in the same 
locality in which the work is to be performed. 
The Secretary of Labor shall have, with respect 
to the labor standards specified in this subpara-
graph, the authority and functions set forth in 
Reorganization Plan Numbered 14 of 1950 (15 
F.R. 3176; 64 Stat. 1267) and section 3145 of 
title 40, United States Code. 
‘‘(G) ANNUAL REPORTS BY LOAN RECIPI-
ENTS.—Each recipient of a loan issued by a 
State under paragraph (1) shall, not less fre-
quently than once each year during the term of 
the loan, submit to such State a report con-
taining such information as the Secretary may 
specify for purposes of the Program, including 
information that the Secretary can use to deter-
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mine whether a recipient of a loan is required 
to repay the loan under subparagraph (E). 
‘‘(3) ANNUAL
REPORTS
BY
GRANT
RECIPI-
ENTS.—Each recipient of a grant under the Pro-
gram shall, not less frequently than once each year, 
submit to the Secretary a report on the impact of 
each loan issued by the State under the Program 
and the aggregate impact of all loans so issued, in-
cluding the following: 
‘‘(A) The sales increased or retained. 
‘‘(B) Cost savings or costs avoided. 
‘‘(C) Additional investment encouraged. 
‘‘(D) Jobs created or retained. 
‘‘(g) AUTHORIZATION OF APPROPRIATIONS.—There 
is authorized to be appropriated to carry out this section 
$15,000,000,000 for each of fiscal years 2010 and 2011.’’. 
SEC. 3. CLEAN ENERGY AND EFFICIENCY MANUFACTURING 
PARTNERSHIPS. 
(a) HOLLINGS MANUFACTURING PARTNERSHIP PRO-
GRAM.—Section 25(b) of the National Institute of Stand-
ards and Technology Act (15 U.S.C. 278k(b)) is amend-
ed— 
(1) in paragraph (2), by striking ‘‘and’’ at the 
end; 
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(2) in paragraph (3), by striking the period at 
the end and inserting ‘‘; and’’; and 
(3) by adding at the end the following: 
‘‘(4) the establishment of a clean energy manu-
facturing supply chain initiative— 
‘‘(A) to support manufacturers in their 
identification of and diversification to new mar-
kets, including support for manufacturers 
transitioning to the use of clean energy supply 
chains; 
‘‘(B) to assist manufacturers improve their 
competitiveness by reducing energy intensity 
and greenhouse gas production, including the 
use of energy intensive feedstocks; 
‘‘(C) to increase adoption and implementa-
tion of innovative manufacturing technologies; 
‘‘(D) to coordinate and leverage the exper-
tise of the National Laboratories and Tech-
nology Centers and the Industrial Assessment 
Centers of the Department of Energy to meet 
the needs of manufacturers; and 
‘‘(E) to identify, assist, and certify manu-
facturers 
seeking 
loans 
under 
section 
27(e)(1).’’. 
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(b) REDUCTION IN COST SHARE REQUIREMENTS.— 
Section 25(c) of such Act (15 U.S.C. 278k(c)) is amend-
ed— 
(1) in paragraph (1), by inserting ‘‘or as pro-
vided in paragraph (5)’’ after ‘‘not to exceed six 
years’’; 
(2) in paragraph (3)(B), by striking ‘‘not less 
than 50 percent of the costs incurred for the first 
3 years and an increasing share for each of the last 
3 years’’ and inserting ‘‘50 percent of the costs in-
curred or such lesser percentage of the costs in-
curred as determined appropriate by the Secretary 
by rule’’; and 
(3) in paragraph (5)— 
(A) by striking ‘‘at declining levels’’; 
(B) by striking ‘‘one third’’ and inserting 
‘‘50 percent’’; and 
(C) by inserting ‘‘, or such lesser percent-
age as determined appropriate by the Secretary 
by rule,’’ after ‘‘maintenance costs’’. 
(c) AUTHORIZATION
OF APPROPRIATIONS.—There 
are authorized to be appropriated to the Secretary of Com-
merce for the Hollings Manufacturing Partnership Pro-
gram authorized under sections 25 of the National Insti-
tute of Standards and Technology Act (15 U.S.C. 278k) 
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and for the provision of assistance under section 26 of 
such Act (15 U.S.C. 278l)— 
(1) $200,000,000 for fiscal year 2010; 
(2) $250,000,000 for fiscal year 2011; 
(3) $300,000,000 for fiscal year 2012; 
(4) $350,000,000 for fiscal year 2013; and 
(5) $400,000,000 for fiscal year 2014. 
SEC. 4. TECHNICAL AMENDMENTS. 
(a) AMENDMENT
TO
NATIONAL
INSTITUTE
OF 
STANDARDS AND TECHNOLOGY ACT.—Section 25 of the 
National Institute of Standards and Technology Act (15 
U.S.C. 278k(b)) is amended— 
(1) in subsection (a), by striking ‘‘(hereafter in 
this Act referred to as the ‘Centers’)’’; and 
(2) by adding at the end the following: 
‘‘(g) DESIGNATION.— 
‘‘(1) HOLLINGS MANUFACTURING PARTNERSHIP 
PROGRAM.—The program under this section shall be 
known as the ‘Hollings Manufacturing Partnership 
Program’. 
‘‘(2) HOLLINGS
MANUFACTURING
EXTENSION 
CENTERS.—The Regional Centers for the Transfer 
of Manufacturing Technology created and supported 
under subsection (a) shall be known as the ‘Hollings 
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Manufacturing Extension Centers’ (in this Act re-
ferred to as the ‘Centers’).’’. 
(b) AMENDMENT
TO CONSOLIDATED APPROPRIA-
TIONS ACT, 2005.—Division B of title II of the Consoli-
dated Appropriations Act, 2005 (Public Law 108–447; 
118 Stat. 2879; 15 U.S.C. 278k note) is amended under 
the heading ‘‘INDUSTRIAL TECHNOLOGY SERVICES’’ by 
striking ‘‘2007: Provided further, That’’ and all that fol-
lows through ‘‘Extension Centers.’’ and inserting ‘‘2007.’’. 
Æ 
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