S.Amdt. 5354

SA 5354. Mr. TOOMEY submitted an amendment intended to be proposed to
amendment SA 5194 proposed by Mr. Schumer to the bill H.R. 5376, to
provide for reconciliation pursuant to title II of S. Con. Res. 14;
which was ordered to lie on the table; as follows:

Strike section 30002(b) and insert the following:
(b) Loan and Grant Terms and Conditions.--
(1) In general.--Amounts made available under this section
shall be for direct loans, grants, and direct loans that can
be converted to grants to eligible recipients that agree to
an extended period of affordability for the property.
(2) Reporting greenhouse gas emissions.--
(A) Reporting requirement.--A recipient of amounts made
available under this section shall annually report to the
Secretary, until the end of the extended period of
affordability described in paragraph (1), the scope 1
emissions, scope 2 emissions, and scope 3 emissions of the
recipient for the preceding year.
(B) Definitions.--For purposes of this paragraph, with
respect to a recipient of amounts made available under this
section:
(i) Direct greenhouse gas emissions.--The term ``direct
greenhouse gas emissions'' means greenhouse gas emissions
expressed in metric tons of carbon dioxide equivalent from
operations that are owned or controlled by the recipient.
(ii) Greenhouse gas.--The term ``greenhouse gas'' means
carbon dioxide, methane, nitrous oxide, nitrogen trifluoride,
hydrofluorocarbons, perfluorocarbons, and sulfur
hexafluoride.
(iii) Indirect greenhouse gas emissions.--The term
``indirect greenhouse gas emissions'' means greenhouse gas
emissions expressed in metric tons of carbon dioxide
equivalent that result from the activities of the recipient,
but occur at sources not owned or controlled by the
recipient.
(iv) Scope 1 emissions.--The term ``scope 1 emissions''
means direct greenhouse gas emissions.
(v) Scope 2 emissions.--The term ``scope 2 emissions''
means indirect greenhouse gas emissions from the generation
of purchased or acquired electricity, steam, heat, or cooling
that is consumed by operations owned or controlled by the
recipient.
(vi) Scope 3 emissions.--The term ``scope 3 emissions''
means all indirect greenhouse gas emissions that--

(I) are not scope 2 emissions; and
(II) occur in the upstream activities or downstream
activities of the value chain of the recipient.

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