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Code · BILL · 113th Congress · H.R. 2128 (Introduced in House) — To provide for the establishment of a Home Energy Savings Retrofit Rebate Program, and for other purposes. · Sec. 15

Sec. 15. Funding

281 words·~1 min read·/bill/113/hr/2128/ih/section-15

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There are authorized to be appropriated to the Secretary to carry out this Act $500,000,000 for each of fiscal years 2014 through 2017, to remain available until expended. Funds provided under this section shall supplement and not supplant any Federal and State funding provided to carry out energy efficiency programs in existence on the date of enactment of this Act. Of the amounts provided under subsection (a), not more than 6 percent shall be used to carry out section 9. Not later than 45 days after the date of enactment of this Act, the Secretary shall determine a formula to provide funds described in paragraph
(1)to State energy offices, in accordance with the allocation formula for State energy conservation plans established under part D of title III of the Energy Policy and Conservation Act (42 U.S.C. 6321 et seq.). Of the amount provided under subsection (a), not more than 2.5 percent are authorized to be appropriated to the Secretary to be used for costs associated with tracking rebates and expenditures through the Federal Rebate Processing System under this Act, technical assistance to States, and related administrative costs incurred by the Secretary. Not later than 180 days after the date of enactment of this Act, the Secretary shall perform a State-by-State analysis and review the distribution of Home Energy Savings Retrofit Rebates under this Act. The Secretary may allocate technical assistance funding to assist States that have not sufficiently benefitted from the Home Energy Savings Retrofit Rebate Program. If the Secretary has not disbursed all the funds available for rebates under the Home Energy Savings Retrofit Rebate Program by September 30, 2017, any undisbursed funds shall be returned to the Treasury.
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