US Congress House Bill 271 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 12 2011 - 25% progression, died in committee
Action: 2011-03-03 - Referred to the Subcommittee on Conservation, Energy, and Forestry.
Pending: House Subcommittee on Conservation, Energy, and Forestry Committee
Text: Latest bill text (Introduced) [PDF]

Requires the Secretary of Agriculture to: (1) establish a program to provide zero-interest loans to covered institutions (i.e., an institution of higher education, an elementary or secondary school, or a hospital) for capital costs for converting to the use of biomass for energy generation; and (2) ensure that an institution receiving such a loan will use woody biomass for not less than 75% of the energy generation resulting from such conversion. Establishes in the Treasury a revolving fund for such program. Requires the Secretary to: (1) deposit amounts received as payment on loans provided under such program into such revolving fund; and (2) make available $100 million of the funds of the Commodity Credit Corporation to such revolving fund.

To direct the Secretary of Agriculture to establish a program to provide covered institutions loans for conversion to use of biomass for energy generation.

Rep. Jeff Fortenberry [R-NE]

Date	Chamber	Action
2011-03-03	House	Referred to the Subcommittee on Conservation, Energy, and Forestry.
2011-01-12	House	Referred to the House Committee on Agriculture.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/house-bill/271/all-info
Text	https://www.congress.gov/112/bills/hr271/BILLS-112hr271ih.pdf