H.R. 6249: To authorize the Secretary of Energy to make price floor loans to certain low-carbon coal-to-liquid fuel projects.
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H.R. 6249: To authorize the Secretary of Energy to make price floor loans to certain low-carbon coal-to-liquid fuel projects.
109th Congress · introduced 2006-09-28 · Energy · Latest: Referred to the Subcommittee on Energy.
federal
Follow this bill, step by step
- Where it came from: introduced 2006-09-28 · official record
- Who proposed it: Rep. Shimkus, John [R-IL-19] · what a sponsor is
- What happened next: no floor votes in our records yet. Why?
- Where it stands now: Referred to the Subcommittee on Energy. Not final yet: this can still change. We check for updates every day.
- If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.
Official title
To authorize the Secretary of Energy to make price floor loans to certain low-carbon coal-to-liquid fuel projects.
Plain summary
Amends the Energy Policy Act of 2005 to authorize the Secretary of Energy to enter into agreements, in the form of price floor loans, with up to six low-carbon CTL projects (that convert coal to liquid or gaseous transportation fuels) to guarantee each project a minimum price for its output of liquid or gaseous transportation fuels in return for: (1) payment to the United States of the cost of such loan; or (2) at the borrower's election, a call option for the United States equivalent in value to such payment. Prohibits any agreement for a price floor loan unless the Office of Management and Budget (OMB) determines that the loan cost is fully offset by either certain payments or by the value of a call option.
Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.
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What does this mean? (plain words)
Official text
To authorize the Secretary of Energy to make price floor loans to certain low-carbon coal-to-liquid fuel projects.
Source: Congressional Research Service summary (Introduced in House)
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Rep. Shimkus, John [R-IL-19] · 1 cosponsors
Cost estimate: No cost estimate published yet.
Cosponsors on this site
No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.
Words on this page, explained (1)
- Authorization
- A law that creates or continues a government program and says what it may do, often with a suggested spending ceiling. An authorization alone does not provide money; a separate appropriation does.
Plain meanings written from linked sources. All words.
Sources
- Congressional Research Service summary (Introduced in House)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-109hr6249.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/109/hr>
Record fed-us-cong109-hr6249 · catalog fed-us-congress-bills-cong109 · updated 2026-11-15 by psicol fed-bills-cong109