Sec. 33342. Advanced technology vehicles manufacturing incentive program
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Section 136 of the Energy Independence and Security Act of 2007 ( 42 U.S.C. 17013 ) is amended— in subsection (a)— in paragraph (1)— by redesignating subparagraphs
(A)through
(C)as clauses
(i)through (iii), respectively, and indenting appropriately; by striking
(1)and all that follows through Advanced technology vehicle .— meets— and inserting the following: The term advanced technology vehicle means— an ultra efficient vehicle; a light duty vehicle or medium duty passenger vehicle that meets— ; by amending subparagraph (B)(iii) (as so redesignated) to read as follows: for vehicles produced in model years 2021 through 2025, the applicable regulatory standards for emissions of greenhouse gases for model year 2021 through 2025 vehicles promulgated by the Administrator of the Environmental Protection Agency on October 15, 2012 (77 Fed. Reg. 62624); or emits zero emissions of greenhouse gases; or ; and by adding at the end the following: a heavy-duty vehicle (excluding a medium-duty passenger vehicle), as defined in section 86.1803–01 of title 40, Code of Federal Regulations (or successor regulations), that— complies early with and demonstrates achievement below the applicable regulatory standards for emissions of greenhouse gases for model year 2027 vehicles promulgated by the Administrator on October 25, 2016 (81 Fed. Reg. 73478); or emits zero emissions of greenhouse gases. ; by striking paragraph
(2)and redesignating paragraphs
(3)through
(5)as paragraphs
(2)through (4), respectively; by amending paragraph
(3)(as so redesignated) to read as follows: The term qualifying components means materials, technology, components, systems, or groups of subsystems in an advanced technology vehicle, including ultra efficient components, which include— EV battery cells, fuel cells, batteries, battery technologies, and thermal control systems; automotive semiconductors and computers; electric motors, axles, and components; and advanced lightweight, high strength, and high performance materials. ; and in paragraph
(4)(as so redesignated)— in subparagraph (B), by striking or at the end; in subparagraph (C), by striking the period at the end and inserting ; or ; and by adding at the end the following: at least 75 miles per gallon equivalent while operating as a hydrogen fuel cell electric vehicle. ; by amending subsection
(b)to read as follows: The Secretary shall provide facility funding awards under this section to advanced technology vehicle manufacturers and component suppliers to pay not more than 50 percent of the cost of— reequipping, expanding, or establishing a manufacturing facility in the United States to produce— advanced technology vehicles; or qualifying components; and engineering integration performed in the United States of advanced technology vehicles and qualifying components. The facility funding awards authorized in paragraph
(1)may pay not more than 80 percent of the cost if the proposed project is to reequip, expand, or establish a manufacturing facility in the United States to produce ultra efficient components. ; in subsection (c), by striking 2020 and inserting 2030 each place it appears; in subsection (d)— by amending paragraph
(2)to read as follows: An applicant for a loan under this subsection shall submit to the Secretary an application at such time, in such manner, and containing such information as the Secretary may require, including— a written assurance that— all laborers and mechanics employed by contractors or subcontractors during construction, alteration, or repair, or at any manufacturing operation, that is financed, in whole or in part, by a loan under this section shall be paid wages at rates not less than those prevailing in a similar firm or on similar construction in the locality, as determined by the Secretary of Labor in accordance with sections 3141–3144, 3146, and 3147 of title 40; the Secretary of Labor shall, with respect to the labor standards described in this paragraph, have the authority and functions set forth in Reorganization Plan Numbered 14 of 1950 (5 U.S.C. App.) and section 3145 of title 40; and the applicant will remain neutral in any union organizing effort; a disclosure of whether there has been any administrative merits determination, arbitral award or decision, or civil judgment, as defined in guidance issued by the Secretary of Labor, rendered against the applicant in the preceding 3 years for violations of applicable labor, employment, civil rights, or health and safety laws; and specific information regarding the actions the applicant will take to demonstrate compliance with, and where possible exceedance of, requirements under applicable labor, employment, civil rights, and health and safety laws, and actions the applicant will take to ensure that its direct suppliers demonstrate compliance with applicable labor, employment, civil rights, and health and safety laws. ; by amending paragraph
(3)to read as follows: The Secretary shall select eligible projects to receive loans under this subsection in cases in which the Secretary determines— the award recipient— has a reasonable prospect of repaying the principal and interest on the loan; will provide sufficient information to the Secretary for the Secretary to ensure that the qualified investment is expended efficiently and effectively; and has met such other criteria as may be established and published by the Secretary; and the amount of the loan (when combined with amounts available to the borrower from other sources) will be sufficient to carry out the project. ; and in paragraph (4)— in subparagraph (B)(i), by striking ; and and inserting ; or ; in subparagraph (C), by striking ; and and inserting a semicolon; in subparagraph (D), by striking the period at the end and inserting ; and ; and by adding at the end the following: shall be subject to the condition that the loan is not subordinate to other financing. ; in subsection (f)— by striking point and inserting points ; and by inserting and may not be collected prior to financial closing after loan ; by amending subsection
(g)to read as follows: The Secretary shall, in making awards or loans to those manufacturers that have existing facilities, give priority to those facilities, which can currently be sitting idle, that are or would be— oldest or have been in existence for at least 20 years; utilized primarily for the manufacture of ultra efficient vehicles; utilized primarily for the manufacture of medium-duty passenger vehicles or heavy-duty vehicles that emit zero greenhouse gas emissions; or utilized primarily for the manufacture of ultra efficient components. ; in subsection (h)— in the header, by striking and inserting automobile ; and advanced technology vehicle in paragraph (1)(B), by striking automobiles, or components of automobiles and inserting advanced technology vehicles, or components of advanced technology vehicles ; and in subsection (i), by striking 2008 through 2012 and inserting 2021 through 2025 .
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- 77 FR 62624
- 81 FR 73478
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Sec. 33342
Advanced technology vehicles manufacturing incentive program
Fed. Reg.77 FR 62624
Fed. Reg.81 FR 73478
Cites 3Cited by 0 across 0 sources