To 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.
About This Bill
Committee
Latest Action · August 4, 2023
Referred to the Subcommittee on Energy, Climate and Grid Security.
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.
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