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Code · BILL · 114th Congress · S. 2012 (Engrossed in Senate) — To provide for the modernization of the energy policy of the United States, and for other purposes. · Sec. 4005

Sec. 4005. Additional reforms

185 words·~1 min read·/bill/114/s/2012/es/section-4005

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Not later than 180 days after the date of enactment of this Act and after consultation with, and taking into account comments from, the vessel industry, the Secretary shall issue a rule that specifies which energy efficiency improvement standards shall apply to applicants for loans under section 137 of the Energy Independence and Security Act of 2007 (as added by section 4004) for the manufacturing, retrofitting, or repowering vessels that have been issued certificates of documentation as United States flagged vessels under chapter 121 of title 46, United States Code. Section 136 of the Energy Independence and Security Act of 2007 ( 42 U.S.C. 17013 ) is amended by striking subsection
(f)and inserting the following: The Secretary shall charge and collect fees for loans provided under this section in amounts that the Secretary determines are sufficient to cover applicable administrative expenses associated with the loans, including reasonable closing fees on the loans. Fees collected under paragraph
(1)shall— be deposited by the Secretary into the Treasury; and remain available until expended, subject to such other conditions as are contained in annual appropriations Acts. .
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Sec. 4005
Additional reforms
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