42 USC 7546 - Renewable fuel

U.S Code last checked for updates: Nov 22, 2024

§ 7546.

Renewable fuel

(a)

Definitions

In this section:

(1)

Municipal solid waste

(2)

RFG State

(3)

Secretary

(b)

Cellulosic biomass ethanol and municipal solid waste loan guarantee program

(1)

In general

(2)

Demonstration projects

(A)

In general

(B)

Design capacity

(3)

Applicant assurances

An applicant for a loan guarantee under this section shall provide assurances, satisfactory to the Secretary, that—

(A)

the project design has been validated through the operation of a continuous process facility with a cumulative output of at least 50,000 gallons of ethanol;

(B)

the project has been subject to a full technical review;

(C)

the project is covered by adequate project performance guarantees;

(D)

the project, with the loan guarantee, is economically viable; and

(E)

there is a reasonable assurance of repayment of the guaranteed loan.

(4)

Limitations

(A)

Maximum guarantee

(B)

Additional guarantees

(i)

In general

(ii)

Principal and interest

(5)

Equity contributions

(6)

Insufficient amounts

(7)

Approval

(c)

Authorization of appropriations for resource center

(d)

Renewable fuel production research and development grants

(1)

In general

(2)

Eligibility

(A)

In general

(B)

Application

(3)

Authorization of appropriations

(e)

Cellulosic biomass ethanol conversion assistance

(1)

In general

(2)

Eligible production facilities

A production facility shall be eligible to receive a grant under this subsection if the production facility—

(A)

is located in the United States; and

(B)

uses cellulosic biomass feedstocks derived from agricultural residues or municipal solid waste.

(3)

Authorization of appropriations

There is authorized to be appropriated to carry out this subsection—

(A)

$250,000,000 for fiscal year 2006; and

(B)

$400,000,000 for fiscal year 2007.

(July 14, 1955, ch. 360, title II, § 212, as added Pub. L. 109–58, title XV, § 1511, Aug. 8, 2005, 119 Stat. 1086.)

cite as: 42 USC 7546