Sec. 999D. FUTURE GROWTH GRANTS
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## SEC. 999D FUTURE GROWTH GRANTS **[**[42 U.S.C. 16374](/us/usc/t42/s16374)**]** ###
(a)Establishment The Secretary may provide grants to pay a portion of the cost differential, with respect to any projected future increase in demand for carbon dioxide transportation by an infrastructure project described in subsection (b), between— ####
(1)the cost of constructing the infrastructure asset with the capacity to transport an increased flow rate of carbon dioxide, as made practicable under the project; and ####
(2)the cost of constructing the infrastructure asset with the capacity to transport carbon dioxide at the flow rate initially required, based on commitments for the use of the asset. ###
(b)Eligibility To be eligible to receive a grant under this section, an entity shall— ####
(1)be eligible to receive credit assistance under the CIFIA program; ####
(2)carry out, or propose to carry out, a project for large-capacity, common carrier infrastructure with a probable future increase in demand for carbon dioxide transportation; and ####
(3)submit to the Secretary an application at such time, in such manner, and containing such information as the Secretary determines to be appropriate. ###
(c)Use of Funds A grant provided under this section may be used only to pay the costs of any additional flow rate capacity of a carbon dioxide transportation infrastructure asset that the project sponsor demonstrates to the satisfaction of the Secretary can reasonably be expected to be used during the 20-year period beginning on the date of substantial completion of the project described in subsection (b)(2). ###
(d)Maximum Amount The amount of a grant provided under this section may not exceed an amount equal to 80 percent of the cost of the additional capacity described in subsection (a).
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Sec. 999D
FUTURE GROWTH GRANTS
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