In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.

[Q]: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Grand Staircase Escalante 
Enhancement Act''.

SEC. 2. TABLE OF CONTENTS.

    The table of contents for this Act is as follows:

Sec. 1. Short title.
Sec. 2. Table of contents.
Sec. 3. Definitions.
Sec. 4. Establishment of Escalante Canyons National Park and Preserve.
Sec. 5. Withdrawals.
Sec. 6. Map and legal description.
Sec. 7. Grand Staircase National Monument.
Sec. 8. Kaiparowits National Monument.
Sec. 9. Escalante Canyons National Monument.
Sec. 10. Escalante Canyons National Park and Preserve, Grand Staircase 
                            National Monument, Kaiparowits National 
                            Monument, and Escalante Canyons National 
                            Monument Management Council.
Sec. 11. Federal land manager adherence.
Sec. 12. Clarification.
Sec. 13. Restoration of land status.
Sec. 14. Hole in the Rock Road.
Sec. 15. Effect on proclamations.

SEC. 3. DEFINITIONS.

    In this Act:
            (1) Management council.--The term ``Management Council'' 
        means the council established under section 10.
            (2) Secretary.--The term ``Secretary'' means the Secretary 
        of the Interior.

SEC. 4. ESTABLISHMENT OF ESCALANTE CANYONS NATIONAL PARK AND PRESERVE.

    (a) Establishment.--There is hereby established within the 
Escalante Canyons National Monument the ``Escalante Canyons National 
Park and Preserve'' in the State of Utah.
    (b) Boundaries.--The boundaries of Escalante Canyons National Park 
and Preserve are as generally depicted on the map entitled ``____'', 
numbered ___, and dated ____. The map shall be on file and available 
for public inspection in the appropriate offices of the National Park 
Service.
    (c) Purpose.--The purpose of the Escalante Canyons National Park 
and Preserve shall be to protect, conserve, and enhance in the 
Escalante Canyons National Park and Preserve--
            (1) the unique and nationally important historic, natural, 
        scenic, and natural resources;
            (2) recreation, including hunting; and
            (3) grazing.

SEC. 5. WITHDRAWALS.

    Subject to valid existing rights, any Federal land within the 
Escalante Canyons National Park and Preserve, including any land or 
interest in land that is acquired by the United States after the date 
of enactment of this Act, is withdrawn from--
            (1) entry, appropriation, or disposal under the public land 
        laws;
            (2) location, entry, and patent under the mining laws; and
            (3) operation of the mineral leasing, mineral materials, 
        and geothermal leasing laws.

SEC. 6. MAP AND LEGAL DESCRIPTION.

    (a) In General.--As soon as practicable after the date of the 
enactment of this Act, the Secretary shall submit to the Committee on 
Natural Resources of the House of Representatives and the Committee on 
Energy and Natural Resources of the Senate a map and legal description 
of the Escalante Canyons National Park and Preserve.
    (b) Force and Effect.--The map and legal description submitted 
under this section shall have the same force and effect as if included 
in this Act, except that the Secretary may make minor modifications of 
any clerical or typographical errors in the map or legal description 
provided these changes are first reported to the State of Utah, 
Garfield and Kane Counties in Utah, and the Management Council.

SEC. 7. GRAND STAIRCASE NATIONAL MONUMENT.

    (a) Establishment.--Subject to valid existing rights, the Federal 
land comprising approximately 211,983 acres, identified as ``Grand 
Staircase Unit'' and generally depicted on the map entitled ``Grand 
Staircase-Escalante National Monument Modification'' is hereby 
established as the ``Grand Staircase National Monument''.
    (b) Purpose.--The purpose of the Grand Staircase National Monument 
shall be to protect, conserve, and enhance the monument's--
            (1) unique and nationally important historic, scenic, and 
        natural resources;
            (2) recreation, including hunting; and
            (3) grazing.
    (c) Map.--
            (1) As soon as practicable after the date of the enactment 
        of this Act, the Secretary shall submit to the Committee on 
        Natural Resources of the House of Representatives and the 
        Committee on Energy and Natural Resources of the Senate a map 
        and legal description of the Grand Staircase National Monument 
        established in this section.
            (2) The map and legal description submitted under this 
        section shall have the same force and effect as if included in 
        this title, except that the Secretary may make minor 
        modification of any clerical or typographical errors in the map 
        or legal description provided these changes are first reported 
        to the State of Utah, Kane County, Utah, and the Management 
        Council.
            (3) A copy of the map and legal description shall be on 
        file and available for public inspection in the appropriate 
        field offices of the Bureau of Land Management.

SEC. 8. KAIPAROWITS NATIONAL MONUMENT.

    (a) Establishment.--Subject to valid existing rights, the Federal 
land comprising approximately 551,117 acres, identified as 
``Kaiparowits Unit'' and generally depicted on the map entitled ``Grand 
Staircase-Escalante National Monument Modification'' is hereby 
established as the ``Kaiparowits National Monument''.
    (b) Purpose.--The purpose of the Kaiparowits National Monument 
shall be to protect, conserve, and enhance the monument's--
            (1) unique and nationally important historic, scenic, and 
        natural resources;
            (2) recreation, including hunting; and
            (3) grazing.
    (c) Map.--
            (1) As soon as practicable after the date of the enactment 
        of this Act, the Secretary shall submit to the Committee on 
        Natural Resources of the House of Representatives and the 
        Committee on Energy and Natural Resources of the Senate a map 
        and legal description of the Kaiparowits National Monument 
        established in this section.
            (2) The map and legal description submitted under this 
        section shall have the same force and effect as if included in 
        this title, except that the Secretary may make minor 
        modification of any clerical or typographical errors in the map 
        or legal description provided these changes are first reported 
        to the State of Utah, Kane and Garfield Counties, Utah, and the 
        Management Council.
            (3) A copy of the map and legal description shall be on 
        file and available for public inspection in the appropriate 
        field offices of the Bureau of Land Management.

SEC. 9. ESCALANTE CANYONS NATIONAL MONUMENT.

    (a) Establishment.--Subject to the valid existing rights, the 
Federal land comprising approximately 243,241 acres, identified as 
``Escalante Canyons Unit'' and generally depicted on the map entitled 
``Grand Staircase-Escalante National Monument Modification'' is hereby 
established as the ``Escalante Canyons National Monument''.
    (b) Purpose.--The purpose of the Escalante Canyons National 
Monument shall be to protect, conserve, and enhance the monument's--
            (1) unique and nationally important historic, scenic, and 
        natural resources;
            (2) recreation, including hunting; and
            (3) grazing.
    (c) Map.--
            (1) As soon as practicable after the date of the enactment 
        of this Act, the Secretary shall submit to the Committee on 
        Natural Resources of the House of Representatives and the 
        Committee on Energy and Natural Resources of the Senate a map 
        and legal description of the Escalante Canyons National 
        Monument established in this section.
            (2) The map and legal description submitted under this 
        section shall have the same force and effect as if included in 
        this title, except that the Secretary may make minor 
        modification of any clerical or typographical errors in the map 
        or legal description provided these changes are first reported 
        to the State of Utah, Garfield County, Utah, and the Management 
        Council.
            (3) A copy of the map and legal description shall be on 
        file and available for public inspection in the appropriate 
        field offices of the Bureau of Land Management.

SEC. 10. ESCALANTE CANYONS NATIONAL PARK AND PRESERVE, GRAND STAIRCASE 
              NATIONAL MONUMENT, KAIPAROWITS NATIONAL MONUMENT, AND 
              ESCALANTE CANYONS NATIONAL MONUMENT MANAGEMENT COUNCIL.

    (a) Establishment.--The Management Council is hereby established.
    (b) Duties.--The Management Council shall develop and implement the 
comprehensive management plans for the Escalante Canyons National Park 
and Preserve, the Grand Staircase National Monument, the Kaiparowits 
National Monument, and the Escalante Canyons National Monument 
consistently with the purposes of those areas as provided in this Act.
    (c) Membership.--The Management Council shall be composed of 7 
members appointed not later than 180 days after the date of the 
enactment of this Act as follows:
            (1) One individual from the Department of Interior, 
        appointed by the President.
            (2) Five individuals, appointed by the President in 
        consultation with the Congressional delegation from the State 
        of Utah and the Governor of Utah, who shall represent the 
        following:
                    (A) Two from the Garfield County, Utah, Board of 
                Commissioners.
                    (B) Two from the Kane County, Utah, Board of 
                Commissioners.
                    (C) One Utah State Legislator representing Kane 
                County, Garfield County, or both.
            (3) One at-large representative appointed by the President.
    (d) Qualifications.--The members appointed under subsections (c)(2) 
and (3) shall not be employees of the Federal Government.
    (e) Terms.--The President shall appoint the members under 
subsections (c)(2) and (3) for a term of 5 years, except that the 
President shall designate staggered terms for the members initially 
appointed to the Management Council. The President may reappoint a 
member to not more than three consecutive terms.
    (f) Vacancies.--Vacancies of members appointed under subsections 
(c)(2) and (3) shall be filled in the same manner as such positions 
were originally filled as soon as practicable after the vacancy has 
occurred.
    (g) Compensation.--Members appointed under subsections (c)(2) and 
(3) shall serve without pay, except for reasonable travel expenses, 
including per diem in lieu of subsistence, at the rate authorized for 
employees of agencies under subchapter I of chapter 57 of title 5, 
United States Code, while away from their homes or regular places of 
business in the performance of duties for the Council.
    (h) Chair.--The members shall select the chair of the Management 
Council from the members appointed under subsection (c)(2) and (3) for 
a term beginning on the date of selection, and ending in 5 years or 
until the member's term of office expires, whichever occurs first.
    (i) Staff Assistance.--The Management Council may request 
administrative assistance from Federal employees under the jurisdiction 
of the Secretary of the Interior or the Secretary of Agriculture.
    (j) Meetings.--
            (1) Frequency.--The Management Council shall meet at the 
        call of the Chair or a majority of the members. Meetings shall 
        be held no less than once per year. A majority must be present 
        to constitute a quorum to conduct official business.
            (2) Announcement; open meetings.--All meetings of the 
        Management Council shall be announced at least one week in 
        advance in publications of general circulation and shall be 
        open to the public.
    (k) Administration.--
            (1) The Management Council shall allow hunting, fishing and 
        trapping on lands and water under the jurisdiction of the 
        Secretary within the Escalante Canyons National Park and 
        Preserve in accordance with the applicable laws of the State of 
        Utah.
            (2) The Management Council shall ensure that the privilege 
        of grazing domestic livestock on lands with the Escalante 
        Canyons National Park and Preserve shall continue to be 
        exercised and enhanced in perpetuity. Grazing within the 
        Escalante Canyons National Park and Preserve shall be 
        administered by the National Park Service.

SEC. 11. FEDERAL LAND MANAGER ADHERENCE.

    Federal land managers shall adhere to the management plans created 
by the Management Council.

SEC. 12. CLARIFICATION.

    Nothing in this Act affects the jurisdiction of the State of Utah 
with respect to the management of fish, wildlife and predators in the 
State.

SEC. 13. RESTORATION OF LAND STATUS.

    Subject to valid existing rights, the provisions of existing 
withdrawals, and the requirements of applicable law, the public lands 
excluded from the monument reservation under Presidential Proclamation 
___, dated December 4, 2017, and issued under chapter 3203 of title 54, 
United States Code, shall be open to:
            (1) entry, location, selection, sale or other disposition 
        under the public land laws;
            (2) disposition under all laws relating to mineral and 
        geothermal leasing; and
            (3) location, entry, and patent under the mining laws.

SEC. 14. HOLE IN THE ROCK ROAD.

    The Secretary shall convey to the State of Utah all right, title 
and interest of the United States in and to the Hole in the Rock Road 
(BLM Road 200).

SEC. 15. EFFECT ON PROCLAMATIONS.

    Any provision of Presidential Proclamation 6920, dated September 
18, 1996, and Presidential Proclamation ____, dated December 4, 2017, 
and issued under chapter 3203 of title 54, United States Code, that is 
inconsistent with this Act is hereby declared null and void.
[A]: Grand Staircase Escalante Enhancement Act This bill establishes the Escalante Canyons National Park and Preserve within the Escalante Canyons National Monument (established by this bill and consisting of approximately 243,241 acres) in Utah.  Federal lands within the park and preserve, including lands or interests acquired by the United States afterwards, are withdrawn from:  entry, appropriation, or disposal under the public land laws; location, entry, and patent under the mining laws; and  operation of the mineral leasing, mineral materials, and geothermal leasing laws.   The bill also establishes the Grand Staircase National Monument (consisting of approximately 211,983 acres) and the Kaiparowits National Monument (consisting of approximately 551,117 acres). A management council shall implement comprehensive management plans for the park and preserve and the monuments. Federal land managers must adhere to the management plans created by the council. The public lands excluded from the lands and interests in lands reserved within the modified boundaries of the Grand Staircase-Escalante National Monument under the Presidential Proclamation dated December 4, 2017, shall be open to:  entry, location, selection, sale, or other disposition under the public land laws; disposition under all laws related to mineral and geothermal leasing; and  location, entry, and patent under the mining laws.   Interior shall convey to the state of Utah the Hole in the Rock Road (BLM [Bureau of Land Management] Road 200). 


[Q]: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Residential Energy Savings Act of 
2013''.

SEC. 2. STATE RESIDENTIAL BUILDING ENERGY EFFICIENCY UPGRADES LOAN 
              PILOT PROGRAM.

    (a) Loans for Residential Building Energy Efficiency Upgrades.--
Part D of title III of the Energy Policy and Conservation Act (42 
U.S.C. 6321 et seq.) is amended by adding at the end the following:

``SEC. 367. LOANS FOR RESIDENTIAL BUILDING ENERGY EFFICIENCY UPGRADES.

    ``(a) Definitions.--In this section:
            ``(1) Consumer-friendly loan repayment approach.--The term 
        `consumer-friendly loan repayment approach' means a loan 
        repayment method that--
                    ``(A) emphasizes convenience for customers;
                    ``(B) is of low cost to consumers; and
                    ``(C) may tie loan repayment to an existing bill of 
                the consumer.
            ``(2) Eligible entity.--The term `eligible entity' means--
                    ``(A) a State or territory of the United States; 
                and
                    ``(B) an Indian tribal government.
            ``(3) Energy advisor program.--
                    ``(A) In general.--The term `energy advisor 
                program' means any program to provide to homeowners or 
                residents advice, information, and support in the 
                identification, prioritization, and implementation of 
                energy efficiency and energy savings measures.
                    ``(B) Inclusions.--The term `energy advisor 
                program' includes a program that provides--
                            ``(i) interpretation of energy audit 
                        reports;
                            ``(ii) assistance in the prioritization of 
                        improvements;
                            ``(iii) assistance in finding qualified 
                        contractors;
                            ``(iv) assistance in contractor bid 
                        reviews;
                            ``(v) education on energy conservation, 
                        renewable energy, and energy efficiency;
                            ``(vi) explanations of available incentives 
                        and tax credits;
                            ``(vii) assistance in completion of rebate 
                        and incentive paperwork; and
                            ``(viii) any other similar type of support.
            ``(4) Energy efficiency.--The term `energy efficiency' 
        means a reduction in energy use, including thermal energy for 
        heating.
            ``(5) Energy efficiency upgrade.--
                    ``(A) In general.--The term `energy efficiency 
                upgrade' means any project or activity carried out on a 
                residential building to increase energy efficiency.
                    ``(B) Inclusions.--The term `energy efficiency 
                upgrade' includes the installation or improvement of 
                renewable energy for heating or electricity generation 
                serving a residential building carried out in 
                conjunction with an energy efficiency project or 
                activity.
            ``(6) Residential building.--
                    ``(A) In general.--The term `residential building' 
                means a building used for residential purposes.
                    ``(B) Inclusions.--The term `residential building' 
                includes--
                            ``(i) a single-family residence;
                            ``(ii) a multifamily residence composed not 
                        more than 4 units; and
                            ``(iii) a mixed-use building that includes 
                        not more than 4 residential units.
    ``(b) Establishment of Program.--
            ``(1) In general.--The Secretary shall establish a program 
        under this part under which the Secretary shall make available 
        to eligible entities loans for the purpose of establishing or 
        expanding programs that provide to residential property owners 
        or tenants financing for energy efficiency upgrades of 
        residential buildings.
            ``(2) No requirement to participate.--No eligible entity 
        shall be required to participate in any manner in the program 
        established under paragraph (1).
    ``(c) Applications.--
            ``(1) In general.--To be eligible to receive a loan under 
        this section, an eligible entity shall submit to the Secretary 
        an application at such time, in such manner, and containing 
        such information as the Secretary may require.
            ``(2) Selection.--In selecting eligible entities to receive 
        loans under this section, the Secretary shall--
                    ``(A) to the maximum extent practicable, ensure--
                            ``(i) that both innovative and established 
                        approaches to the challenges of financing 
                        energy efficiency upgrades are supported;
                            ``(ii) regional diversity among recipients, 
                        including participation by rural States and 
                        small States; and
                            ``(iii) significant participation by low- 
                        and medium-income families;
                    ``(B) evaluate applications based primarily on--
                            ``(i) the projected reduction in energy 
                        use;
                            ``(ii) the extent to which Federal funds 
                        are used to leverage additional funding from 
                        State, local, philanthropic, private sector, 
                        and other sources;
                            ``(iii) the creditworthiness of the 
                        eligible entity; and
                            ``(iv) the incorporation of measures, such 
                        as on-bill repayment, for making the loan 
                        repayment system for recipients of financing as 
                        consumer-friendly as practicable; and
                    ``(C) evaluate applications based secondarily on--
                            ``(i) the extent to which the proposed 
                        financing program of the eligible entity 
                        incorporates best practices for such a program, 
                        as determined by the Secretary;
                            ``(ii) whether the eligible entity has 
                        created a plan for evaluating the effectiveness 
                        of the proposed financing program;
                            ``(iii) the extent to which the proposed 
                        financing program incorporates energy advisor 
                        programs and support programs designed to 
                        increase the effectiveness of the program;
                            ``(iv) the projected quantity of renewable 
                        energy to be generated, to the extent that 
                        renewable energy generation will be included;
                            ``(v) the extent to which the proposed 
                        financing program will be coordinated and 
                        marketed with other existing or planned energy 
                        efficiency programs administered by--
                                    ``(I) utilities;
                                    ``(II) State, tribal, territorial, 
                                or local governments; or
                                    ``(III) community development 
                                financial institutions; and
                            ``(vi) such other factors as the Secretary 
                        determines to be appropriate.
    ``(d) Term; Interest.--
            ``(1) In general.--The Secretary shall establish terms and 
        interest rates for loans provided to eligible entities under 
        this section in a manner that--
                    ``(A) provides for a high degree of cost recovery; 
                and
                    ``(B) ensures that the loans are competitive with, 
                or superior to, other forms of financing for similar 
                purposes.
            ``(2) Performance incentive.--The Secretary shall establish 
        a performance incentive providing a repayment discount for 
        eligible entities in an amount equal to not more than the value 
        of the interest accrued on the loan provided to the applicable 
        eligible entity under this section, based on performance as 
        evaluated in accordance with the factors described in 
        subparagraphs (B) and (C) of subsection (c)(2).
    ``(e) Use of Funds.--
            ``(1) In general.--An eligible entity shall use a loan 
        provided under this section to establish or expand a financing 
        program--
                    ``(A) the purpose of which is to enable residential 
                building owners or tenants to conduct energy efficiency 
                upgrades of residential buildings;
                    ``(B) that may not require any initial capital, 
                excluding fees; and
                    ``(C) that incorporates a consumer-friendly loan 
                repayment approach.
            ``(2) Structure of financing program.--The financing 
        program of an eligible entity may--
                    ``(A) consist--
                            ``(i) primarily or entirely of a financing 
                        program administered by--
                                    ``(I) the applicable State; or
                                    ``(II) a local government, utility, 
                                or other entity; or
                            ``(ii) of a combination of programs 
                        described in clause (i); and
                    ``(B) rely on financing provided by--
                            ``(i) the eligible entity; or
                            ``(ii) a third party, acting through the 
                        eligible entity.
            ``(3) Form of assistance.--Assistance provided by an 
        eligible entity under this subsection may be in the form of--
                    ``(A) a revolving loan fund;
                    ``(B) a credit enhancement structure designed to 
                mitigate the effects of default; or
                    ``(C) a program that--
                            ``(i) adopts any other approach for 
                        providing financing for energy efficiency 
                        upgrades producing significant energy 
                        efficiency gains;
                            ``(ii) produces a high-leverage ratio of 
                        non-Federal funds; and
                            ``(iii) incorporates measures for making 
                        the loan repayment system for recipients of 
                        financing as consumer-friendly as practicable.
            ``(4) Scope of assistance.--Assistance provided by an 
        eligible entity under this subsection may be used to pay for 
        costs associated with carrying out an energy efficiency 
        upgrade, including materials and labor.
    ``(f) Repayment.--An eligible entity shall repay to the Secretary 
the amount of a loan provided under this section, together with--
            ``(1) interest accrued on that amount; and
            ``(2) such fees as the Secretary determines to be necessary 
        to recover any portion of the costs of the program under this 
        section.
    ``(g) Reports.--
            ``(1) Eligible entities.--
                    ``(A) In general.--Not later than 2 years after the 
                date of receipt of the loan, and annually thereafter 
                for the term of the loan, an eligible entity that 
                receives a loan under this section shall submit to the 
                Secretary a report describing the performance of each 
                program and activity carried out using the loan, 
                including anonymized loan performance data.
                    ``(B) Requirements.--The Secretary, in consultation 
                with eligible entities and other stakeholders (such as 
                lending institutions and the real estate industry), 
                shall establish such requirements for the reports under 
                this paragraph as the Secretary determines to be 
                appropriate--
                            ``(i) to ensure that the reports are clear, 
                        consistent, and straightforward; and
                            ``(ii) taking into account the reporting 
                        requirements for similar programs in which the 
                        eligible entities are participating, if any.
            ``(2) Secretary.--The Secretary shall submit to Congress 
        and make available to the public--
                    ``(A) not less frequently than once each year, a 
                report describing the performance of the program under 
                this section, including a synthesis and analysis of the 
                information provided in the reports submitted to the 
                Secretary under paragraph (1)(A); and
                    ``(B) on termination of the program under this 
                section, an assessment of the success of, and education 
                provided by, the measures carried out by eligible 
                entities during the term of the program.
    ``(h) Maximum Amount.--The Secretary may provide to eligible 
entities a total of not more than $2,000,000,000 in loans under this 
section for the costs of activities described in subsection (e).''.
    (b) Reorganization.--
            (1) In general.--Part D of title III of the Energy Policy 
        and Conservation Act (42 U.S.C. 6321 et seq.) is amended--
                    (A) by redesignating sections 362, 363, 364, 365, 
                and 366 as sections 364, 365, 366, 363, and 362, 
                respectively, and moving the sections so as to appear 
                in numerical order;
                    (B) in section 362 (as so redesignated)--
                            (i) in paragraph (3)(B)(i), by striking 
                        ``section 367, and'' and inserting ``section 
                        367 (as in effect on the day before the date of 
                        enactment of the State Energy Efficiency 
                        Programs Improvement Act of 1990 (42 U.S.C. 
                        6201 note; Public Law 101-440)); and''; and
                            (ii) in each of paragraphs (4) and (6), by 
                        striking ``section 365(e)(1)'' each place it 
                        appears and inserting ``section 363(e)(1)'';
                    (C) in section 363 (as so redesignated)--
                            (i) in subsection (b), by striking ``the 
                        provisions of sections 362 and 364 and 
                        subsection (a) of section 363'' and inserting 
                        ``sections 364, 365(a), and 366''; and
                            (ii) in subsection (g)(1)(A), in the second 
                        sentence, by striking ``section 362'' and 
                        inserting ``section 364''; and
                    (D) in section 365 (as so redesignated)--
                            (i) in subsection (a)--
                                    (I) in paragraph (1), by striking 
                                ``section 362,'' and inserting 
                                ``section 364;''; and
                                    (II) in paragraph (2), by striking 
                                ``section 362(b) or (e)'' and inserting 
                                ``subsection (b) or (e) of section 
                                364''; and
                            (ii) in subsection (b)(2), in the matter 
                        preceding subparagraph (A), by striking 
                        ``section 362(b) or (e)'' and inserting 
                        ``subsection (b) or (e) of section 364''.
            (2) Conforming amendments.--Section 391 of the Energy 
        Policy and Conservation Act (42 U.S.C. 6371) is amended--
                    (A) in paragraph (2)(M), by striking ``section 
                365(e)(2)'' and inserting ``section 363(e)(2)''; and
                    (B) in paragraph (10), by striking ``section 362 of 
                this Act'' and inserting ``section 364''.
            (3) Clerical amendment.--The table of contents of the 
        Energy Policy and Conservation Act (42 U.S.C. 6201 note; Public 
        Law 94-163) is amended by striking the items relating to part D 
        of title III and inserting the following:

              ``Part D--State Energy Conservation Programs

``Sec. 361. Findings and purpose.
``Sec. 362. Definitions.
``Sec. 363. General provisions.
``Sec. 364. State energy conservation plans.
``Sec. 365. Federal assistance to States.
``Sec. 366. State energy efficiency goals.
``Sec. 367. Loans for residential building energy efficiency 
                            upgrades.''.

SEC. 3. FUNDING.

    (a) Budgetary Effects.--The budgetary effects of this Act, for the 
purpose of complying with the Statutory Pay-As-You-Go Act of 2010, 
shall be determined by reference to the latest statement titled 
``Budgetary Effects of PAYGO Legislation'' for this Act, submitted for 
printing in the Congressional Record by the Chairman of the Senate 
Budget Committee, provided that such statement has been submitted prior 
to the vote on passage.
    (b) Advance Appropriations Required.--An authorization of 
appropriations under this Act or an amendment made by this Act shall be 
effective for a fiscal year only to the extent and in the amounts 
provided in advance in appropriations Acts.
[A]: Residential Energy Savings Act of 2013 - Amends the Energy Policy and Conservation Act to require the Secretary of Energy (DOE) to establish a voluntary loan program to provide support to states, U.S. territories, and Indian tribal governments (eligible entities) in establishing or expanding programs that provide to residential property owners or tenants financing for energy efficiency upgrades of residential buildings. Authorizes assistance provided by eligible entities to be in the form of a: (1) revolving loan fund; (2) credit enhancement structure designed to mitigate the effects of default; or (3) program that adopts other approaches for providing financing for upgrades producing significant energy efficiency gains, produces a high-leverage ratio of non-federal funds, and incorporates measures for making the loan repayment system for recipients of financing consumer-friendly. Requires the Secretary to establish a performance incentive providing a repayment discount in an amount equal to no more than the value of the interest accrued on the loan provided, based on performance as evaluated in accordance with specified factors. Makes an authorization of appropriations under this Act effective for a fiscal year only to the extent and in the amounts provided in advance in appropriations Acts.


[Q]: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``United States Employee Ownership 
Bank Act''.

SEC. 2. FINDINGS.

    Congress finds that--
            (1) between December 2007 and October 2009, payroll 
        employment in the United States fell by 8,200,000;
            (2) between January 2000 and October 2009, the 
        manufacturing sector lost 5,617,000 jobs;
            (3) as of October 2009, fewer than 12,000,000 workers in 
        the United States were employed in the manufacturing sector, 
        the fewest number of factory jobs since March 1941;
            (4) at the end of 2008, the United States had a trade 
        deficit of more than $695,936,000,000, including a record-
        breaking $268,039,800,000 trade deficit with China;
            (5) preserving and increasing decent paying jobs must be a 
        top priority of Congress;
            (6) providing loan guarantees, direct loans, and technical 
        assistance to employees to buy their own companies will 
        preserve and increase employment in the United States; and
            (7) just as the United States Export-Import Bank was 
        created in 1934 in the midst of the Great Depression, as a way 
        to increase United States jobs through exports, the time has 
        come to establish the United States Employee Ownership Bank 
        within the Department of the Treasury to preserve and expand 
        jobs in the United States.

SEC. 3. DEFINITIONS.

    In this Act--
            (1) the term ``Bank'' means the Unites States Employee 
        Ownership Bank, established under section 4;
            (2) the term ``eligible worker-owned cooperative'' has the 
        same meaning as in section 1042(c)(2) of the Internal Revenue 
        Code of 1986;
            (3) the term ``employee stock ownership plan'' has the same 
        meaning as in section 4975(e)(7) of the Internal Revenue Code 
        of 1986; and
            (4) the term ``Secretary'' means the Secretary of the 
        Treasury.

SEC. 4. ESTABLISHMENT OF UNITED STATES EMPLOYEE OWNERSHIP BANK WITHIN 
              THE DEPARTMENT OF THE TREASURY.

    (a) Establishment of Bank.--
            (1) In general.--Before the end of the 90-day period 
        beginning on the date of enactment of this Act, the Secretary 
        shall establish the United States Employee Ownership Bank, to 
        foster increased employee ownership of United States companies 
        and greater employee participation in company decision making 
        throughout the United States.
            (2) Organization of the bank.--
                    (A) Management.--The Secretary shall appoint a 
                Director to serve as the head of the Bank, who shall 
                serve at the pleasure of the Secretary.
                    (B) Staff.--The Director may select, appoint, 
                employ, and fix the compensation of such employees as 
                are necessary to carry out the functions of the Bank.
    (b) Duties of Bank.--The Bank is authorized to provide loans, on a 
direct or guaranteed basis, which may be subordinated to the interests 
of all other creditors--
            (1) to purchase a company through an employee stock 
        ownership plan or an eligible worker-owned cooperative, which 
        shall be at least 51 percent employee owned, or will become at 
        least 51 percent employee owned as a result of financial 
        assistance from the Bank;
            (2) to allow a company that is less than 51 percent 
        employee owned to become at least 51 percent employee owned;
            (3) to allow a company that is already at least 51 percent 
        employee owned to increase the level of employee ownership at 
        the company; and
            (4) to allow a company that is already at least 51 percent 
        employee owned to expand operations and increase or preserve 
        employment.
    (c) Preconditions.--Before the Bank makes any subordinated loan or 
guarantees a loan under subsection (b)(1), a business plan shall be 
submitted to the bank that--
            (1) shows that--
                    (A) not less than 51 percent of all interests in 
                the company is or will be owned or controlled by an 
                employee stock ownership plan or eligible worker-owned 
                cooperative;
                    (B) the board of directors of the company is or 
                will be elected by shareholders on a one share to one 
                vote basis or by members of the eligible worker-owned 
                cooperative on a one member to one vote basis, except 
                that shares held by the employee stock ownership plan 
                will be voted according to section 409(e) of the 
                Internal Revenue Code of 1986, with participants 
                providing voting instructions to the trustee of the 
                employee stock ownership plan in accordance with the 
                terms of the employee stock ownership plan and the 
                requirements of that section 409(e); and
                    (C) all employees will receive basic information 
                about company progress and have the opportunity to 
                participate in day-to-day operations; and
            (2) includes a feasibility study from an objective third 
        party with a positive determination that the employee stock 
        ownership plan or eligible worker-owned cooperative will 
        generate enough of a margin to pay back any loan, subordinated 
        loan, or loan guarantee that was made possible through the 
        Bank.
    (d) Terms and Conditions for Loans and Loan Guarantees.--
Notwithstanding any other provision of law, a loan that is provided or 
guaranteed under this section shall--
            (1) bear interest at an annual rate, as determined by the 
        Secretary--
                    (A) in the case of a direct loan under this Act--
                            (i) sufficient to cover the cost of 
                        borrowing to the Department of the Treasury for 
                        obligations of comparable maturity; or
                            (ii) of 4 percent; and
                    (B) in the case of a loan guaranteed under this 
                section, in an amount that is equal to the current 
                applicable market rate for a loan of comparable 
                maturity; and
            (2) have a term not to exceed 12 years.

SEC. 5. EMPLOYEE RIGHT OF FIRST REFUSAL BEFORE PLANT OR FACILITY 
              CLOSING.

    Section 3 of the Worker Adjustment and Retraining Notification Act 
(29 U.S.C. 2102) is amended--
            (1) in the section heading, by adding at the end the 
        following: ``; employee stock ownership plans or eligible 
        worker owned cooperatives''; and
            (2) by adding at the end the following:
    ``(e) Employee Stock Ownership Plans and Eligible Worker-Owned 
Cooperatives.--
            ``(1) General rule.--If an employer orders a plant or 
        facility closing in connection with the termination of its 
        operations at such plant or facility, the employer shall offer 
        its employees an opportunity to purchase such plant or facility 
        through an employee stock ownership plan (as that term is 
        defined in section 4975(e)(7) of the Internal Revenue Code of 
        1986) or an eligible worker-owned cooperative (as that term is 
        defined in section 1042(c)(2) of the Internal Revenue Code of 
        1986) that is at least 51 percent employee owned. The value of 
        the company which is to be the subject of such plan or 
        cooperative shall be the fair market value of the plant or 
        facility, as determined by an appraisal by an independent third 
        party jointly selected by the employer and the employees. The 
        cost of the appraisal may be shared evenly between the employer 
        and the employees.
            ``(2) Exemptions.--Paragraph (1) shall not apply--
                    ``(A) if an employer orders a plant closing, but 
                will retain the assets of such plant to continue or 
                begin a business within the United States; or
                    ``(B) if an employer orders a plant closing and 
                such employer intends to continue the business 
                conducted at such plant at another plant within the 
                United States.''.

SEC. 6. REGULATIONS ON SAFETY AND SOUNDNESS AND PREVENTING COMPETITION 
              WITH COMMERCIAL INSTITUTIONS.

    Before the end of the 90-day period beginning on the date of 
enactment of this Act, the Secretary of the Treasury shall prescribe 
such regulations as are necessary to implement this Act and the 
amendments made by this Act, including--
            (1) regulations to ensure the safety and soundness of the 
        Bank; and
            (2) regulations to ensure that the Bank will not compete 
        with commercial financial institutions.

SEC. 7. COMMUNITY REINVESTMENT CREDIT.

    Section 804 of the Community Reinvestment Act of 1977 (12 U.S.C. 
2903) is amended by adding at the end the following new subsection:
    ``(l) Establishment of Employee Stock Ownership Plans and Eligible 
Worker-Owned Cooperatives.--In assessing and taking into account, under 
subsection (a), the record of a financial institution, the appropriate 
Federal financial supervisory agency may consider as a factor capital 
investments, loans, loan participation, technical assistance, financial 
advice, grants, and other ventures undertaken by the institution to 
support or enable employees to establish employee stock ownership plans 
or eligible worker-owned cooperatives (as those terms are defined in 
sections 4975(e)(7) and 1042(c)(2) of the Internal Revenue Code of 
1986, respectively), that are at least 51 percent employee-owned plans 
or cooperatives.''.

SEC. 8. AUTHORIZATION OF APPROPRIATIONS.

    There are authorized to be appropriated to the Secretary to carry 
out this Act, $500,000,000 for fiscal year 2010, and such sums as may 
be necessary thereafter.
[A]:
United States Employee Ownership Bank Act - Directs the Secretary of the Treasury to establish the United States Employee Ownership Bank to foster increased employee ownership and greater employee participation in company decision making throughout the United States.

Authorizes the Bank to make loans, on a direct or guaranteed basis, and which may be subordinated to the interests of all other creditors, to employees to purchase a company through an employee stock ownership plan or eligible worker-owned cooperative which is at least 51% employee owned, or will become so as a result of Bank assistance.

Authorizes the bank also to allow: (1) a company that is less than 51% employee owned to become at least 51% employee owned; and (2) allow a company that is already at least 51% employee owned to increase the level of employee ownership, expand operations, and increase or preserve employment.

Amends the Worker Adjustment and Retraining Notification Act to require the employer, if it orders a plant or facility closing in connection with the termination of its operations there, to offer its employees an opportunity to purchase such plant or facility through an employee stock ownership plan or an eligible worker-owned cooperative that is at least 51% employee owned.

Exempts from such requirement an employer that orders a plant closing: (1) but will retain the plant assets to continue or begin a business within the United States; or (2) intends to continue the business conducted at such plant at another plant within the United States.



Amends the Community Reinvestment Act of 1977 to authorize the appropriate federal financial supervisory agency, in assessing and taking into account the record of a financial institution during an examination, to consider capital investments, loans, loan participation, technical assistance, financial advice, grants, and other ventures undertaken by the institution to support or enable employees to establish employee stock ownership plans or eligible worker-owned cooperatives that are at least 51% employee-owned.