Sec. 2. Advanced Technology Vehicles Manufacturing Incentive Program expansion
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Section 136 of the Energy Independence and Security Act of 2007 ( 42 U.S.C. 17013 ) is amended— in subsection (d)— in paragraph (1), by inserting or in paragraph
(5)after subsection
(b); and by adding at the end the following new paragraph: The activities described in this paragraph are an automobile manufacturer, ultra efficient vehicle manufacturer, or component supplier— reequipping, expanding, or establishing a manufacturing facility in the United States to produce zero-emission vehicles or qualifying components; or performing engineering integration in the United States for zero-emission vehicles. ; and in subsection (a), by adding at the end the following new paragraph: The term zero-emission vehicle means a passenger vehicle that produces zero exhaust emissions of any criteria pollutant, precursor pollutant, or greenhouse gas, other than water vapor, in any mode of operation or condition, as determined by the Administrator. . Section 136(a) of the Energy Independence and Security Act of 2007 ( 42 U.S.C. 17013(a) ) is amended— in paragraph (3)— in subparagraph (A), by inserting or zero-emission vehicles after advanced technology vehicles ; and in subparagraph (B), by striking components or advanced technology vehicles and inserting components, advanced technology vehicles, or zero-emissions vehicles ; and in paragraph (4)— in subparagraph (A), by inserting or zero-emission vehicles after advanced technology vehicles ; and in subparagraph (B), by inserting or zero-emission vehicles after advanced technology vehicles . Section 136(d)(3) of the Energy Independence and Security Act of 2007 ( 42 U.S.C. 17013(d)(3) ) is amended— by striking in which, as determined by the Secretary and all that follows through the proposed project; and inserting the following: for which the Secretary determines— the award recipient— has a reasonable prospect of repaying the principal and interest on the loan; ; by redesignating subparagraphs
(B)and
(C)as clauses
(ii)and (iii), respectively; in clause (iii), as redesignated, by striking the period at the end and inserting a semicolon; and by adding at the end the following new subparagraphs: the amount of the loan, in combination with amounts available to the award recipient from other sources, will be sufficient to carry out the applicable eligible project; and the loan will not be subordinate to other financing. . Not later than 60 days after the date of enactment of this Act, the Secretary of Energy shall promulgate regulations to carry out the amendments made by this section.
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Sec. 2
Advanced Technology Vehicles Manufacturing Incentive Program expansion
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