summary
Introduced
In Committee
Crossed Over
Passed
Dead
Introduced Session
112th Congress
Bill Summary
Rural Energy Savings Program Act - Amends the Farm Security and Rural Investment Act of 2002 to direct the Secretary of Agriculture (USDA), through the Rural Utilities Service, to make interest-free loans to eligible entities (public power districts, public utility districts, or specified electric cooperatives that borrowed and repaid, prepaid, or are paying an electric loan made or guaranteed by the Rural Utilities Service) for loans to consumers to implement energy efficient measures. Provides a special advance for start-up activities. Authorizes the Secretary to contract with a qualified entity to provide verification and measurement activities and employee technical assistance and training. Directs the Secretary to offer to enter into agreements with eligible entities, or groups of eligible entities, that have specified energy efficiency programs to establish energy efficiency loan demonstration projects.
AI Summary
This bill, the Rural Energy Savings Program Act, amends existing law to allow the Secretary of Agriculture, through the Rural Utilities Service (RUS), to provide interest-free loans to specific entities like public power districts, public utility districts, and certain electric cooperatives that have existing loan relationships with the RUS. These eligible entities will then use these funds to offer loans to their consumers for implementing energy-efficient improvements, aiming to reduce energy costs and promote rural development. The bill also includes provisions for a special advance to help these entities cover start-up costs, authorizes the Secretary to contract with outside organizations for verification of energy savings and technical training for employees, and directs the Secretary to establish demonstration projects with entities that already have energy efficiency programs.
Committee Categories
Agriculture and Natural Resources
Sponsors (2)
Last Action
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. (on 03/21/2012)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/112th-congress/senate-bill/2216/all-info |
| Bill | http://gpo.gov/fdsys/pkg/BILLS-112s2216is/pdf/BILLS-112s2216is.pdf.pdf |
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