To clarify that the Secretary of Energy is required to consider low-risk finance programs that substantially reduce or eliminate upfront costs for building owners to renovate or retrofit existing buildings to install energy efficiency or renewable energy technologies as eligible for certain loan guarantees.

SA 1867. Mr. MERKLEY submitted an amendment intended to be proposed
to amendment SA 1813 submitted by Mr. Dorgan to the bill H.R. 3183,
making appropriations for energy and water development and related
agencies for the fiscal year ending September 30, 2010, and for other
purposes; as follows:

On page 43, line 16, before the period, insert the
following: ``: Provided further, That, in administering
amounts made available by prior Act for projects covered by
title XVII of the Energy Policy Act of 2005 (42 U.S.C. 16511
et seq.), the Secretary of Energy is required by that title
to consider the taxable obligations of low-risk finance
programs that substantially reduce or eliminate upfront costs
for building owners to renovate or retrofit existing
buildings to install energy efficiency or renewable energy
technologies eligible for loan guarantees authorized under
sections 1703 and 1705 of that Act (42 U.S.C. 16513,
16516)''.
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