H.R.2208 - Coal Liquid Fuel Act110th Congress (2007-2008)
|Sponsor:||Rep. Boucher, Rick [D-VA-9] (Introduced 05/08/2007)|
|Committees:||House - Energy and Commerce; Science and Technology|
|Latest Action:||07/09/2008 Motion to Discharge Committee filed by Mr. Roskam. Petition No: 110-12.|
|Notes:||On 7/9/2008, a motion was filed to discharge the Energy and Commerce Committee and the Science and Technology Committee from consideration of H.R. 2208. A discharge petition requires 218 signatures for further action. (Discharge Petition No. 110-12: text with signatures.)|
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Summary: H.R.2208 — 110th Congress (2007-2008)All Bill Information (Except Text)
Introduced in House (05/08/2007)
Coal Liquid Fuel Act - Amends the Energy Policy Act of 2005 to authorize the Secretary of Energy to enter into: (1) standby loan agreements with up to six qualifying CTL projects, at least one of which shall be owned by two or more small coal producers; and (2) a profit-sharing agreement with the project at the time the standby loan agreement is executed.
Defines "qualifying CTL project" as: (1) a commercial-scale project that converts coal to liquid or gaseous transportation fuels; or (2) not more than one project at a facility that converts petroleum refinery waste products, including petroleum coke, into liquids or gaseous transportation fuels, and demonstrates the capture, sequestration, or disposition of carbon dioxide produced in the conversion process.