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S.2058 - Fuel Grid Distribution Loan Pilot Program Act

A bill to establish a loan guarantee program for natural gas distribution grids to be installed in areas with extremely high energy costs. view all titles (2)

All Bill Titles

  • Short: Fuel Grid Distribution Loan Pilot Program Act as introduced.
  • Official: A bill to establish a loan guarantee program for natural gas distribution grids to be installed in areas with extremely high energy costs. as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
02/27/14
 
 
 
 
 
 
 

Official Summary

Fuel Grid Distribution Loan Pilot Program Act - Amends the Department of Agriculture Reorganization Act of 1994 to direct the Administrator of the Rural Utilities Service to establish a five-year biofuels and natural gas distribution utility pilot loan program to add cooperatives and munici

Official Summary

Fuel Grid Distribution Loan Pilot Program Act - Amends the Department of Agriculture Reorganization Act of 1994 to direct the Administrator of the Rural Utilities Service to establish a five-year biofuels and natural gas distribution utility pilot loan program to add cooperatives and municipally or privately owned biofuels or natural gas distribution utilities to the list of utilities eligible for Rural Utilities Service loans. Makes such loans available only to utilities serving an area under the jurisdiction of a local government that has a population of not more than 50,000 people and energy prices higher than 200% of the national average for energy prices.

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