set forth in subsection (e). Relief shall be limited to 
payment of the compensation amount. 
‘‘(7) 
SUBROGATION.—Upon 
payment, 
the 
United States shall be subrogated to the claimant’s 
rights against any third party with respect to the 
impairment to the extent of such payment. 
‘‘(h) TITLE
III FINANCIAL
ASSISTANCE
FOR 
DISPATCHABLE BASELOAD FACILITIES SERVING DES-
IGNATED PROJECTS.— 
‘‘(1) ELIGIBILITY.—A facility described in sub-
section (a)(2), including a coal-fueled facility meet-
ing subsection (a)(2)(A)–(C) and contractually dedi-
cated under subsection (a)(2)(D), shall be eligible to 
receive financial assistance under sections 302 and 
303 of this title, including loans and loan guaran-
tees, purchase commitments, and other instruments 
to expand or preserve productive capacity necessary 
to serve critical artificial intelligence infrastructure. 
‘‘(2) ADMINISTRATION.—The President may 
carry out this subsection directly or through delega-
tion to the Secretary of Defense, the Secretary of 
Energy, or another appropriate officer. Electric co-
operatives and their subsidiaries shall be eligible re-
cipients on the same terms as investor-owned or mu-
nicipal utilities. 
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‘‘(3) TERMS.—Subject to sections 302 and 303, 
assistance may cover up to 90 percent of reasonable 
project costs, with a maximum maturity of 30 years 
or 90 percent of the reasonably expected economic 
life of the financed assets, whichever is shorter. The 
President may require collateral, seniority, cov-
enants, or credit support as necessary to protect the 
interests of the United States. 
‘‘(4) PRIORITY.—In making awards, the Presi-
dent shall give priority to facilities that— 
‘‘(A) directly supply one or more projects 
designated under subsection (b); 
‘‘(B) can commence commercial operation 
or repower within 36 months; and 
‘‘(C) materially improve regional reliability 
margins as determined by the applicable reli-
ability entity. 
‘‘(5) USE OF FUNDS.—Amounts made available 
to carry out title III may be used to provide assist-
ance under this subsection, including for pre-con-
struction activities, long-lead equipment, environ-
mental controls, and interconnection or network up-
grades essential to serve designated projects. 
‘‘(6) GUIDANCE.—Not later than 180 days 
after the date of enactment of this section, the 
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President (or designee) shall issue guidance estab-
lishing application procedures and standard terms 
for assistance under this subsection. 
‘‘(i) FUNDING.—Amounts made available under this 
title may be used to carry out the consolidated schedule 
described in subsection (c)(2), including for staff, tech-
nical reviews, or contracting necessary to meet the require-
ments of such consolidated schedule. 
‘‘(j) ACCESS TO FUNDING.—In carrying out this sec-
tion, the President shall ensure that rural electric coopera-
tives that are eligible for financing, loans, and loan guar-
antees available through the Rural Utilities Service of the 
Department of Agriculture can be designated as a covered 
project, including such cooperatives involved in the genera-
tion, transmission, or interconnection of facilities that sup-
port critical artificial intelligence infrastructure.’’. 
(b) CONFORMING AMENDMENT.—Section 702(14) of 
the Defense Production Act of 1950 (50 U.S.C. 4552(14)) 
is amended by inserting ‘‘(including critical artificial intel-
ligence infrastructure designated under section 306)’’ 
after ‘‘critical infrastructure protection and restoration’’. 
Æ 
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