To repeal the Advanced Technology Vehicles Manufacturing Incentive Program.

Bill: 114-hr-4769
Sponsor: full_name: Rep. Russell, Steve [R-OK-5]
Introduced: 2016-03-16
Policy area: Transportation and Public Works
Subjects: Government lending and loan guarantees

Hybrid, electric, and advanced technology vehicles

Manufacturing
Latest action: action_date: 2016-03-18
text: Referred to the Subcommittee on Energy and Power.

Summaries:
action_date: 2016-03-16
action_desc: Introduced in House
text: <p> This bill prohibits the Department of Energy (DOE) from making any additional awards or loans under the Advanced Technology Vehicles Manufacturing Incentive Program established by the Energy Independence and Security Act of 2007.</p> <p>Upon the repayment, in accordance with loan agreement terms, of all loans made before enactment of this Act, DOE authority and requirements for the entire program shall be repealed.</p>

tv_txt: I 114th CONGRESS 2d Session H. R. 4769 IN THE HOUSE OF REPRESENTATIVES March 16, 2016 Mr. Russell introduced the following bill; which was referred to the Committee on Energy and Commerce A BILL To repeal the Advanced Technology Vehicles Manufacturing Incentive Program.

1. Advanced Technology Vehicles Manufacturing Incentive Program repeal (a) Cessation of authority Effective on the date of enactment of this Act, the Secretary of Energy may not make any additional awards or loans under section 136 of the Energy Independence and Security Act of 2007 ( 42 U.S.C. 17013 ). (b) Repeal Upon the repayment, in accordance with the terms of the loan agreements, of all loans made before the date of enactment of this Act under subsection (d) of such section, section 136 of the Energy Independence and Security Act of 2007 ( 42 U.S.C. 17013 ) is repealed.