grants to State, local, and tribal governments for the in-
stallation and operation of public charging stations for 
plug-in hybrid electric vehicles. 
(c) BATTERY TECHNOLOGY DEVELOPMENT.—To the 
extent that funding is available pursuant to subsection (a), 
the Secretary of Energy shall provide up to a total of 
$500,000,000 through a competitive grant program for re-
search and development on batteries for plug-in hybrid 
electric vehicles. 
SEC. 203. EXTENSION OF RENEWABLE ENERGY AND ELEC-
TRIC POWER TRANSMISSION LOAN GUARAN-
TEES. 
Section 1705 of the Energy Policy Act of 2005 (42 
U.S.C. 16516) is amended— 
(1) in subsection (a), by striking ‘‘September 
30, 2011’’ and inserting ‘‘September 30, 2022’’; and 
(2) in subsection (e), by striking ‘‘September 
30, 2011’’ and inserting ‘‘September 30, 2022’’. 
TITLE III—CLEAN ENERGY 
VICTORY BONDS 
SEC. 301. CLEAN ENERGY VICTORY BONDS. 
(a) INITIAL CAPITALIZATION.—The Secretary of the 
Treasury shall issue Clean Energy Victory Bonds in an 
amount not to exceed $7,500,000,000 on the credit of the 
United States for purposes of raising revenue for the ex-
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tension of certain energy-related tax benefits extended by 
this Act. 
(b) DENOMINATIONS AND MATURITY.—Clean Energy 
Victory Bonds shall be in the form of United States Sav-
ings Bonds of Series EE or as administered by the Bureau 
of the Public Debt of the Department of the Treasury in 
denominations of $25, and shall mature within such peri-
ods as determined by the Secretary of the Treasury. 
(c) INTEREST.—Clean Energy Victory Bonds shall 
bear interest at the rate the Secretary of the Treasury 
sets for Savings Bonds of Series EE and Series I, plus 
a rate of return determined by the Secretary of the Treas-
ury which is based on the valuation of carbon mitigated 
or energy saved through funded projects funded from the 
proceeds of such bonds. 
(d) PROMOTION.— 
(1) IN GENERAL.—The Secretary of the Treas-
ury shall take such actions, independently and in 
conjunction with financial institutions offering Clean 
Energy Victory Bonds, to promote the purchase of 
Clean Energy Victory Bonds, including campaigns 
describing the financial and social benefits of pur-
chasing Clean Energy Victory Bonds. 
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(2) 
PROMOTIONAL
ACTIVITIES.—Such 
pro-
motional activities may include advertisements, pam-
phlets, or other promotional materials— 
(A) in periodicals; 
(B) on billboards and other outdoor 
venues; 
(C) on television; 
(D) on radio; 
(E) on the Internet; 
(F) within financial institutions that offer 
Clean Energy Victory Bonds; or 
(G) any other venues or outlets the Sec-
retary of the Treasury may identify. 
(3) LIMITATION.—There are authorized to be 
appropriated for such promotional activities not 
more than— 
(A) $10,000,000 in the first year after the 
date of the enactment of this Act, and 
(B) $2,000,000 in each year thereafter. 
(e) FUTURE CAPITALIZATION.— 
(1) IN GENERAL.—After the initial capitaliza-
tion limit is reached under subsection (a), the Sec-
retary of the Treasury may issue additional Clean 
Energy Victory Bonds on the credit of the United 
States. 
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(2) SINGLE ISSUE LIMITATION.—No such addi-
tional issue may exceed $7,500,000,000. 
(3) AGGREGATE LIMITATIONS.—The aggregate 
of any such additional issues during the 4-year pe-
riod beginning on the day after the initial capitaliza-
tion limit is reached under subsection (a) may not 
exceed $50,000,000,000. The aggregate of any such 
additional issues after the expiration of such 4-year 
period may not exceed $50,000,000,000. 
(f) LAWFUL INVESTMENTS.—Clean Energy Victory 
Bonds shall be lawful investments, and may be accepted 
as security for all fiduciary, trust, and public funds, the 
investment or deposit of which shall be under the author-
ity or control of the United States or any officer or officers 
thereof. 
Æ 
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