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H.R. 1623 (115th): To repeal the Advanced Technology Vehicles Manufacturing Incentive Program.

The text of the bill below is as of Mar 17, 2017 (Introduced).


I

115th CONGRESS

1st Session

H. R. 1623

IN THE HOUSE OF REPRESENTATIVES

March 17, 2017

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subsection (d) of such section, section 136 of the Energy Independence and Security Act of 2007 (42 U.S.C. 17013) is repealed.