Energy Accountability Act

2/5/2024, 2:30 PM

Energy Accountability Act

This bill prohibits the Department of Energy (DOE) from making a loan guarantee under title XVII of the Energy Policy Act of 2005 for any entity that previously defaulted on an obligation under the title. Under that title, DOE must make loan guarantees for innovative energy technologies, such as technologies to reduce or sequester greenhouse gases.

Congress
118
Number
HR - 5092
Introduced on
2023-07-28
# Amendments
0
Sponsors
+5

Variations and Revisions

7/28/2023
Text
PDF
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Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Energy Accountability Act

This bill prohibits the Department of Energy (DOE) from making a loan guarantee under title XVII of the Energy Policy Act of 2005 for any entity that previously defaulted on an obligation under the title. Under that title, DOE must make loan guarantees for innovative energy technologies, such as technologies to reduce or sequester greenhouse gases.

Alternative Names
Official Title as IntroducedTo amend title XVII of the Energy Policy Act of 2005 to specify that the Secretary of Energy may not make a loan guarantee under such title for a project if the applicable borrower has previously defaulted on an obligation guaranteed under such title, and for other purposes.
Policy Areas
Energy

Comments

Recent Activity

Latest Summary9/25/2023

Energy Accountability Act

This bill prohibits the Department of Energy (DOE) from making a loan guarantee under title XVII of the Energy Policy Act of 2005 for any entity that previously defaulted on an obligation under the title. U...

Latest Action8/4/2023
Referred to the Subcommittee on Energy, Climate and Grid Security.