Sec. 302. Carbon equivalency fee fund
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There is established in the Treasury a fund, to be known as the Carbon Equivalency Fee Fund (in this section referred to as the Fund ). In each fiscal year, there shall be deposited in the Fund amounts collected from fees imposed under section 301(a). Amounts deposited in the Fund shall be available without further appropriation in a fiscal year, as follows: The lesser of $150,000,000, or 5 percent of amounts in the Fund, shall be made available to the Secretary of Commerce for the Hollings Manufacturing Extension Partnership under section 25 of the National Institute of Standards and Technology Act ( 15 U.S.C. 278k ).
Twenty percent of such amounts shall be made available to the Secretary of Energy, to be used, in consultation with the Secretary of Commerce, for activities of the Advanced Manufacturing Office of the Office of Energy Efficiency and Renewable Energy. Thirty percent of such amounts shall be made available to the Secretary of Energy for the State Energy Program, to be used exclusively by energy offices of States and territories to promote energy efficiency projects at industrial facilities within the jurisdiction of such States and territories.
Any of such amounts remaining after distributions under paragraphs (1), (2), and
(3)shall be made available to the Secretary of Energy for industrial energy efficiency programs authorized under part E of the Energy Policy and Conservation Act ( 42 U.S.C. 6341 et seq. ) or subtitle D of title IV of the Energy Independence and Security Act of 2007 ( Public Law 110–140 ; 121 Stat. 1623).
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- Pub. L. 110-140
- 121 Stat. 1623
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Sec. 302
Carbon equivalency fee fund
Pub. L.Pub. L. 110-140
Stat.121 Stat. 1623
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