S.Amdt. 584

SA 584. Mr. BARRASSO submitted an amendment intended to be proposed
by him to the bill S. 2226, to authorize appropriations for fiscal year
2024 for military activities of the Department of Defense, for military
construction, and for defense activities of the Department of Energy,
to prescribe military personnel strengths for such fiscal year, and for
other purposes; which was ordered to lie on the table; as follows:

At the appropriate place in title XII, insert the
following:

SEC. 12__. PROHIBITION ON RESTRICTIONS ON POWER-GENERATION
PROJECTS BY UNITED STATES INTERNATIONAL
DEVELOPMENT FINANCE CORPORATION IN CERTAIN
COUNTRIES.

(a) Short Titles.--This section may be cited as the
``Providing Opportunities With Energy Resources to Uproot
Poverty Act'' or the ``POWER UP Act''.
(b) In General.--Section 1451 of the Better Utilization of
Investments Leading to Development Act of 2018 (22 U.S.C.
9671) is amended by adding at the end the following:
``(j) Prohibition on Restrictions on Power-generation
Projects in Certain Countries.--
``(1) Prohibition on certain restrictions on power-
generation projects.--The Corporation may not implement or
enforce any rule, regulation, policy, procedure, or guideline
that would prohibit or restrict the source of energy used by
a power-generation project the purpose of which is to provide
affordable electricity in an IDA-eligible country or an IDA-
blend country.
``(2) Limitation on board.--The Board of the Corporation
may not, whether directly or through authority delegated by
the Board, reject a power-generation project in an IDA-
eligible country or an IDA-blend country based on the source
of energy used by the project.
``(3) All-of-the-above energy development strategy.--The
Corporation shall promote a technology- and fuel-neutral,
all-of-the-above energy development strategy for IDA-eligible
countries and an IDA-blend countries that includes the use of
oil, natural gas, coal, hydroelectric, wind, solar, and
geothermal power and other sources of energy.
``(4) Definitions.--In this subsection:
``(A) IDA-eligible country.--The term `IDA-eligible
country' means a country that--
``(i) is eligible for support from the International
Development Association; and
``(ii) is not eligible for support from the International
Bank for Reconstruction and Development.
``(B) IDA-blend country.--The term `IDA-blend country'
means a country that is eligible for support from both the
International Development Association and the International
Bank for Reconstruction and Development.''.
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