Sec. 4. Studies, reports, and guidance
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Not later than September 30, 2028, the Comptroller General shall submit to Congress a report containing a review of revolving loan funds that were capitalized using a grant received under subparagraph (A)(i) of section 104(k)(3) of the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 ( 42 U.S.C. 9604(k)(3) ) during any of fiscal years 2015 through 2025, including information on— the status and balance of each such revolving loan fund; each loan or grant provided by an eligible entity under subparagraph
(B)of such section; and any barriers to the eligible entity providing additional loans or grants under such subparagraph (B). Not later than September 30, 2030, the Administrator shall submit to Congress a report on— the effect of providing a grant under subparagraph (A)(ii) of section 104(k)(7)(A) of the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 ( 42 U.S.C. 9604(k)(7)(A) ) (as amended by this Act); the covered applicants selected by the Administrator under such subparagraph; and the status of— any applications for a grant under section 104(k) of such Act submitted by a covered applicant that received technical assistance pursuant to such subparagraph (A)(ii); and any activities for which a grant was provided pursuant to such an application. Not later than September 30, 2032, the Administrator shall submit to Congress an update to the report submitted under paragraph (1). Not later than two years after the date of enactment of this Act, the Administrator shall submit to the Committee on Energy and Commerce of the House of Representatives and the Committee on Environment and Public Works of the Senate a report containing— an analysis of whether establishing and implementing a loan program for the assessment, remediation, and reuse of brownfield sites, consistent with section 104(k) of the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 ( 42 U.S.C. 9604(k) ), would be feasible and useful, including consideration of— the demand for larger loans for which the amount of the loan is equal to or greater than the largest loan currently offered by eligible entities under section 104(k)(3)(B) of such Act; the extent to which such a program would facilitate the remediation and reuse of brownfield sites at which potential contamination is particularly extensive or complex; and the extent to which such a program could facilitate the remediation and reuse of one of more brownfield sites at an earlier date than such activities would otherwise proceed; and if the Administrator finds such a program will be feasible and useful, recommendations for statutory changes needed to authorize such a program. In carrying out this subsection, the Administrator shall consult with other Federal agencies, eligible entities, site owners, site developers, and any other entities the Administrator considers appropriate. The Comptroller General shall conduct a study with respect to the process for the deletion or partial deletion of sites from the National Priorities List established under section 105 of the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 ( 42 U.S.C. 9605 ), in order to identify any barriers to such deletion or partial deletion, including a review of the following: The process of coordination between Federal and State entities with respect to such deletion or partial deletion. Any impediments to timely and efficient deletion or partial deletion of sites. Opportunities to expedite the deletion or partial deletion of sites with respect to which applicable remedial action has been completed. Not later than 1 year after the date of enactment of this Act, the Administrator shall develop guidance to assist Federal agencies in more efficiently issuing Federal authorizations, and conducting environmental reviews for such authorizations, with respect to projects relating to brownfield sites. In developing or updating guidance under this subsection, the Administrator shall consider matters related to— the availability of historic site-specific environmental data; previously completed environmental reviews required by the National Environmental Policy Act of 1969 ( 42 U.S.C. 4321 et seq. ); data or information collected as part of assessment or remediation activities under section 104(k) of the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 ( 42 U.S.C. 9604(k) ); community engagement and historical experience with previous uses; and any other matters the Administrator determines appropriate. The Administrator shall update the guidance developed under this subsection periodically. In this section: The term Administrator means the Administrator of the Environmental Protection Agency. The term brownfield site has the meaning given that term in section 101(39) of the Comprehensive Environmental Response, Compensation, and Liability Act ( 42 U.S.C. 9601(39) ). The term Federal authorization , with respect to a project— means any authorization required under Federal law for the project; and includes any permits, special use authorizations, certifications, opinions, or other approvals as may be required under Federal law for such project. The term remedial action has the meaning given that term in section 101(24) of the Comprehensive Environmental Response, Compensation, and Liability Act ( 42 U.S.C. 9601(24) ).
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