Sec. 5. Loan guarantees for local energy infrastructure
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Title XVII of the Energy Policy Act of 2005 (42 U.S.C. 16511 et seq.) is amended by adding at the end the following: The Secretary may make guarantees under this section for commercial or innovative projects defined as local energy infrastructure in section 3 of the Local Energy Supply and Resiliency Act of 2013 . The Secretary shall reserve $4,000,000,000 of the loan guarantee authority remaining under section 1703 to provide loan guarantees under this section. To the maximum extent practicable, the Secretary shall use funds appropriated to carry out section 1703 that remain unobligated as of the date of enactment of this section for the cost of loan guarantees under this section. .
The table of contents for the Energy Policy Act of 2005 ( 42 U.S.C. 15801 et seq. ) is amended by inserting after the item relating to section 1705 the following new item: Sec. 1706. Local energy infrastructure loan guarantee program. .
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