Sec. 4. Financing Energy Efficient Manufacturing Program

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The Secretary shall establish a program, to be known as the Financing Energy Efficient Manufacturing Program , under which the Secretary shall provide grants to States to establish or expand covered programs. A State may apply to the Secretary for a grant under subsection

(a)to establish or expand covered programs. The Secretary shall evaluate applications submitted by States under paragraph

(1)on the basis of— the likelihood that the covered program would— be established or expanded; and increase the total investment and energy savings of retrofit projects to be supported; in the case of industrial business efficiency financing initiatives conducted under subsection (c), evidence of multistate cooperation and coordination with lenders, financiers, and owners; and other factors that would advance the purposes of this Act, as determined by the Secretary. The Secretary shall consult with States and relevant stakeholders with applicable expertise to establish a process to identify financing opportunities for manufacturing and industrial business with asset portfolios across multiple States. A State receiving a grant under subsection

(a)shall give a higher priority to covered programs that— leverage private and non-Federal sources of funding; and aim explicitly to expand the use of energy efficiency project financing using private sources of funding. All laborers and mechanics employed on projects funded directly by or assisted in whole or in part by this Act shall be paid wages at rates not less than those prevailing on projects of a character similar in the locality as determined by the Secretary of Labor in accordance with subchapter IV of chapter 31 of part A of subtitle II of title 40, United States Code (commonly referred to as the Davis-Bacon Act ). With respect to the labor standards specified in this subsection, the Secretary of Labor shall have the authority and functions set forth in Reorganization Plan Numbered 14 of 1950 (64 Stat. 1267; 5 U.S.C. App.) and section 3145 of title 40, United States Code. Not later than 2 years after the date of receipt of a grant under this Act, a State shall submit to the Secretary, the Committee on Energy and Natural Resources of the Senate, and the Committee on Energy and Commerce of the House of Representatives a report that describes the performance of covered programs carried out using the grant funds. A State receiving a grant under this Act, in cooperation with the Secretary, shall— collect and share data resulting from covered programs carried out under this Act; and include in the report submitted under paragraph

(1)any data collected under clause (i). The Secretary shall incorporate data described in subparagraph

(A)into appropriate databases of the Department of Energy, with provisions for the protection of confidential business data.

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64 Stat. 1267

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Sec. 4

Financing Energy Efficient Manufacturing Program

Stat.64 Stat. 1267

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