(B) SALE OF OBLIGATIONS.—Any obliga-
tion acquired by the Fund may be sold by the 
Secretary of the Treasury at the market price. 
(C) CREDITS TO FUND.—The interest on, 
and the proceeds from the sale or redemption 
of, any obligations held in the Fund shall be 
credited to, and form a part of, the Fund in ac-
cordance with section 9602 of the Internal Rev-
enue Code of 1986. 
(4) USE OF AMOUNTS IN FUND.—Amounts in 
the Fund shall be made available to the Secretary of 
Energy, subject to the availability of appropriations, 
to carry out the grant program under subsection (b). 
(b) ALTERNATIVE FUELS GRANT PROGRAM.— 
(1) IN GENERAL.—Not later than 90 days after 
the date of enactment of this Act, the Secretary of 
Energy, acting through the Clean Cities Program of 
the Department of Energy, shall establish and carry 
out a program under which the Secretary shall pro-
vide grants to expand the availability to consumers 
of alternative fuels (as defined in section 32901(a) 
of title 49, United States Code). 
(2) ELIGIBILITY.— 
(A) IN GENERAL.—Except as provided in 
subparagraph (B), any entity that is eligible to 
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receive assistance under the Clean Cities Pro-
gram shall be eligible to receive a grant under 
this subsection. 
(B) EXCEPTIONS.— 
(i) 
CERTAIN
OIL
COMPANIES.—A 
large, vertically-integrated oil company 
shall not be eligible to receive a grant 
under this subsection. 
(ii) PROHIBITION
OF
DUAL
BENE-
FITS.—An entity that receives any other 
Federal funds for the construction or ex-
pansion of alternative refueling infrastruc-
ture shall not be eligible to receive a grant 
under this subsection for the construction 
or expansion of the same alternative refuel-
ing infrastructure. 
(C) ENSURING
COMPLIANCE.—Not later 
than 30 days after the date of enactment of 
this Act, the Secretary of Energy shall promul-
gate regulations to ensure that, before receiving 
a grant under this subsection, an eligible entity 
meets applicable standards relating to the in-
stallation, construction, and expansion of infra-
structure necessary to increase the availability 
to consumers of alternative fuels (as defined in 
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section 32901(a) of title 49, United States 
Code). 
(3) MAXIMUM AMOUNT.— 
(A) GRANTS.—The amount of a grant pro-
vided under this subsection shall not exceed 
$30,000. 
(B) AMOUNT
PER
STATION.—An eligible 
entity shall receive not more than $90,000 
under this subsection for any station of the eli-
gible entity during a fiscal year. 
(4) USE OF FUNDS.— 
(A) IN GENERAL.—A grant provided under 
this subsection shall be used for the construc-
tion or expansion of alternative fueling infra-
structure. 
(B) 
ADMINISTRATIVE
EXPENSES.—Not 
more than 3 percent of the amount of a grant 
provided under this subsection shall be used for 
administrative expenses. 
Æ 
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