S.855 - A bill to establish an Energy Assistance Fund to guarantee low-interest loans for the purchase and installation of qualifying energy efficient property, idling reduction and advanced insulation for heavy trucks, and alternative refueling stations, and for other purposes.111th Congress (2009-2010)
|Sponsor:||Sen. Collins, Susan M. [R-ME] (Introduced 04/22/2009)|
|Committees:||Senate - Energy and Natural Resources|
|Latest Action:||04/22/2009 Read twice and referred to the Committee on Energy and Natural Resources. (All Actions)|
This bill has the status Introduced
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Summary: S.855 — 111th Congress (2009-2010)All Information (Except Text)
Introduced in Senate (04/22/2009)
Establishes in the Treasury the Energy Assistance Fund.
Directs the Secretary of the Treasury, upon request of the Secretary concerned, to transfer amounts from the Fund to that Secretary to make or guarantee low-interest loans or grants to U.S. persons to purchase and install: (1) qualifying energy efficient property in their principal dwelling (i.e., solar powered property to heat water or generate electricity, fuel cells, or compliant stoves); (2) idling reduction devices or advanced insulation in heavy trucks; and (3) qualified alternative fuel vehicle refueling property at a station.