S.Amdt. 557

SA 557. Mr. REID (for Mr. Kennedy (for himself, Mr. Voinovich, Mr.
Kerry, and Mrs. Shaheen)) submitted an amendment intended to be
proposed to amendment SA 98 proposed by Mr. Inouye (for himself and Mr.
Baucus) to the bill H.R. 1, making supplemental appropriations for job
preservation and creation, infrastructure investment, energy efficiency
and science, assistance to the unemployed, and State and local fiscal
stabilization, for fiscal year ending September 30, 2009, and for other
purposes; which was ordered to lie on the table; as follows:

At the end of section 404, add the following:
(c) Sense of Congress.--It is the sense of Congress that
the Secretary of Energy should--
(1) expedite the issuance of all pending and qualified loan
guarantees to maximize the rapid stimulus effect of provided
funds;
(2) immediately issue loan guarantees under section 1705 of
the Energy Policy Act of 2005 (as added by subsection (a))
using funds provided to carry out that section for the
subsidy cost for existing final round applicants under the
loan guarantee program under section 1702(b)(2) of that Act
(42 U.S.C. 16512(b)(2)) that fall within the categories
described in section 1705(b) of that Act ; and
(3) apply the loan guarantee authority made available to
move expeditiously to award other pending and qualified loan
guarantee applications under section 1702(b)(2) of that Act
(42 U.S.C. 16512(b)(2)).
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