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A bill to amend the Energy Policy Act of 1992 with respect to the Department of Energy Tribal loan guarantee program, and for other purposes.
1/14/2025, 5:11 PM
Summary of Bill S 5635
Bill 118 s 5635, also known as the Department of Energy Tribal Loan Guarantee Program Amendment Act, aims to make changes to the Energy Policy Act of 1992. The main focus of this bill is to enhance the Department of Energy's Tribal loan guarantee program. This program provides financial assistance to Native American tribes for energy development projects.
The proposed amendments in this bill seek to streamline the application process for tribes seeking loan guarantees, increase the maximum loan guarantee amount, and extend the program's authorization through 2025. Additionally, the bill includes provisions to improve transparency and accountability in the program's administration.
Overall, the Department of Energy Tribal Loan Guarantee Program Amendment Act aims to support Native American tribes in developing clean energy projects and promoting economic growth within their communities. The bill is currently under consideration in the US Congress and has bipartisan support.
The proposed amendments in this bill seek to streamline the application process for tribes seeking loan guarantees, increase the maximum loan guarantee amount, and extend the program's authorization through 2025. Additionally, the bill includes provisions to improve transparency and accountability in the program's administration.
Overall, the Department of Energy Tribal Loan Guarantee Program Amendment Act aims to support Native American tribes in developing clean energy projects and promoting economic growth within their communities. The bill is currently under consideration in the US Congress and has bipartisan support.
Current Status of Bill S 5635
Bill S 5635 is currently in the status of Bill Introduced since December 19, 2024. Bill S 5635 was introduced during Congress 118 and was introduced to the Senate on December 19, 2024. Bill S 5635's most recent activity was Read twice and referred to the Committee on Energy and Natural Resources. as of December 19, 2024
Bipartisan Support of Bill S 5635
Total Number of Sponsors
4Democrat Sponsors
4Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 5635
Primary Policy Focus
Comments
Sponsors and Cosponsors of S 5635
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