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US S2280

US S2280
Appalachian Regional Energy Hub Initiative Act


summary

Introduced
07/25/2019
In Committee
07/25/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

A bill to amend title 40, United States Code, to establish an Appalachian regional energy hub initiative, and for other purposes. This bill authorizes the Appalachian Regional Commission to provide technical assistance and grants to individuals or entities in the Appalachian region for projects and activities (1) to conduct research and analysis regarding the impact of an ethane storage hub in the region, (2) with the potential to significantly contribute to the economic resilience of the area where the project is located, and (3) that will help establish a regional energy hub in the region for natural gas and natural gas liquids.

AI Summary

This bill, the Appalachian Regional Energy Hub Initiative Act, authorizes the Appalachian Regional Commission to provide technical assistance and grants for projects in the Appalachian region that (1) research and analyze the economic impact of an ethane storage hub, (2) have the potential to significantly contribute to the economic resilience of the area, and (3) help establish a regional energy hub for natural gas and natural gas liquids, including storage and associated pipelines. The bill limits the federal share of the project costs to no more than 50 percent, or up to 80 percent for distressed counties and 70 percent for at-risk counties. The bill also allocates $5 million per fiscal year from the Appalachian Regional Commission's overall funding to carry out this initiative.

Committee Categories

Agriculture and Natural Resources

Sponsors (2)

Last Action

Read twice and referred to the Committee on Environment and Public Works. (on 07/25/2019)

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