Federal Stimulus of Commercial Application of Energy Technology Act of 2007

To provide for the demonstration and commercial application of innovative energy technologies derived from federally-sponsored research and development programs, by incorporating those technologies into Federal buildings and associated facilities, and for other purposes.

3/29/2007--Introduced.
Federal Stimulus of Commercial Application of Energy Technology Act of 2007 - Directs the Secretary of Energy to establish the Innovative Energy Technologies Fund for Federal Buildings and to administer the Fund to enable federal agencies to demonstrate innovative energy technologies for retrofit or new construction of federal buildings and facilities. Allows federal agencies to apply to the Secretary for a loan for financing the demonstration of innovative energy technology projects and requires such agencies to repay the Fund from savings in energy other costs attributable to actions taken as a result of the project undertaken with the loan. Permits a federal agency, in addition to financing an innovative energy technology project, to use the loan amount to pay the costs of administration and the development of proposals for subsequent projects to further develop the technology and to acquire and operate equipment necessary to monitor and verify associated energy savings. Requires a federal agency to repay to the Fund the principal amount of the loan and fees determined by the Secretary to cover costs of administering the loan. Requires a federal agency to submit specified annual reports to the Secretary with respect to the implementation of innovative energy technology projects for which loans are provided under this Act.
Requires the Secretary to report to Congress on the operations of the Fund and the total expenditures from the Fund to each federal agency and examples of project successes and failures in meeting energy savings projections.

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Sponsor

• Rep. Barton Gordon [D, TN-6]
• and 4 Co-Sponsors
  • Rep. Lincoln Davis [D, TN-4]
  • Rep. Raul Grijalva [D, AZ-7]
  • Rep. Marcy Kaptur [D, OH-9]
  • Rep. Nicholas Lampson [D, TX-22]
  close

Committees

• House Science and Technology
• 1 more
  • House Science and Technology
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Amendments

This bill has no amendments.

Amendments to H.R.1768

Number	Status	Purpose

Bill Status

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Introduced		Voted on by House		Voted on by Senate		Considered By President		Bill Becomes Law
March 29, 2007

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All Bill Actions

• May 08, 2007: Referred to the Subcommittee on Energy and Environment.
• Mar 29, 2007: Referred to the House Committee on Science and Technology.
• Introduced on Mar 29, 2007.

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Related Issue Areas:

• Energy conservation
• Energy
• Alternative energy sources
• Budgets
• 14 more
• Building construction
• Commercialization
• Congressional reporting requirements
• Energy conservation in buildings
• Energy efficiency
• Federal office buildings
• Government information
• Government lending
• Government paperwork
• Public buildings
• Revolving funds
• Science policy
• Technological innovations
• Technology

Data from the Congressional Research Service

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Blog Coverage

March 28, 2007 HR 1768, To provide for the demonstration and commercial ...

HR 1768 would provide for the demonstration and commercial application of innovative energy technologies derived from federally-sponsored research and development programs, by incorporating those technologies into Federal buildings and ...

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