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S. 4626

Facilitating the Reshoring of Energy Grid Component Manufacturing Act of 2022

Facilitating the Reshoring of Energy Grid Component Manufacturing Act of 2022

This bill directs the Department of Energy (DOE) to establish a loan program for the production of energy grid products or components. Under the program, DOE may provide loans for activities related to projects that reequip, expand, or establish manufacturing facilities to produce energy grid products or their components. Energy grid products include large power transformers or any other electrical equipment commonly used for the transmission or distribution of electric energy by public electric utilities.

Read twice and referred to the Committee on Energy and Natural Resources.

Sen. Rubio, Marco [R-FL](R-FL)Sponsor
1committees2actions
  1. IntroReferral

    Read twice and referred to the Committee on Energy and Natural Resources.

    Energy and Natural Resources Committee
  2. IntroReferral10000

    Introduced in Senate

Facilitating the Reshoring of Energy Grid Component Manufacturing Act of 2022 — Informed