H.R. 4674 (111th): Renewable Fuel Pipeline Act of 2010

HR 4674 IH

To authorize loan guarantees for projects to construct renewable fuel pipelines.

February 24, 2010

Mr. BOSWELL (for himself, Mr. TERRY, Ms. HERSETH SANDLIN, Mr. LOEBSACK, Mr. LATHAM, Mr. FOSTER, Mr. HARE, and Mr. PETERSON) introduced the following bill; which was referred to the Committee on Energy and Commerce, and in addition to the Committee on Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned

To authorize loan guarantees for projects to construct renewable fuel pipelines.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ‘Renewable Fuel Pipeline Act of 2010’.

SEC. 2. LOAN GUARANTEES FOR PROJECTS TO CONSTRUCT RENEWABLE FUEL PIPELINES.

(a) Definitions- Section 1701 of the Energy Policy Act of 2005 (42 U.S.C. 16511) is amended by adding at the end the following:

‘(6) RENEWABLE FUEL- The term ‘renewable fuel’ has the meaning given the term in section 211(o)(1) of the Clean Air Act (42 U.S.C. 7545(o)(1)), except that the term shall include all ethanol and biodiesel.

‘(7) RENEWABLE FUEL PIPELINE- The term ‘renewable fuel pipeline’ means a pipeline for transporting renewable fuel.’.

(b) Amount- Section 1702(c) the Energy Policy Act of 2005 (42 U.S.C. 16512(c)) is amended by adding at the end the following: ‘A guarantee for a project described in section 1703(b)(11) shall be in an amount equal to 80 percent of the project cost of the facility that is the subject of the guarantee, as estimated at the time at which the guarantee is issued.’.

(c) Renewable Fuel Pipeline Eligibility- Section 1703(b) the Energy Policy Act of 2005 (42 U.S.C. 16513(b)) is amended by adding at the end the following:

‘(11) Renewable fuel pipelines.’.

Loading...