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United States · Bill · S

S. 1957 (111th)

A bill to amend the Public Utility Regulatory Policies Act of 1978 to authorize the Secretary of Energy to make loans to publicly owned electric utilities to finance and refinance projects to comply with any Federal energy efficiency resource standard, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

28 October 2009

Last action

28 October 2009 · Introduced

Status

Read twice and referred to the Committee on Energy and Natural Resources.

Sponsors

Charles Schumer

Subjects

Energy

Source updated

24 March 2026

Energy

Summary

Amends the Public Utility Regulatory Policies Act of 1978 (PURPA) to instruct the Secretary of Energy to make loans to publicly owned electric utilities to carry out qualified projects, approved by the Secretary, which comply with federal energy efficiency resource standards. Authorizes such loans to be used to: (1) finance or refinance the costs of the acquisition, construction, or improvement of an electric generation, transmission, distribution facility, or utility property or assets, including the costs of any indirect acquisition of such facility, utility property or assets; and (2) refinance bonds issued by specified state utilities. Authorizes the Secretary to disapprove a loan application for a project if the Secretary determines that revenues available to repay the loan are unlikely to be sufficient to cover its repayment obligations. Sets a maximum loan terms of 30 years. Authorizes appropriations.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 28 October 2009

    Introduced

    Read twice and referred to the Committee on Energy and Natural Resources.

    Source: IntroReferral

  2. 28 October 2009

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Sponsors

Related records

No cross-record relationships stored yet.

Sources

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