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H.R. 1573 · 111th Congress

National Home Energy Savings Revolving Fund Act

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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

6 cosponsors · 6 D

6 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

National Home Energy Savings Revolving Fund Act - Establishes within the Department of Energy (DOE) the National Home Energy Savings Revolving Fund to provide funds to local governments for use in making loans to homeowners for the costs of conducting a qualified home energy audit and implementing, acquiring, and installing certified energy savings…

What it does: CRS summary · Introduced in House · Mar 17, 2009

National Home Energy Savings Revolving Fund Act - Establishes within the Department of Energy (DOE) the National Home Energy Savings Revolving Fund to provide funds to local governments for use in making loans to homeowners for the costs of conducting a qualified home energy audit and implementing, acquiring, and installing certified energy savings improvements.

Requires the Secretary of Energy to establish procedures and techniques for home energy audits that: (1) establish priorities for selection of energy savings improvements based on their cost-effectiveness, payback period, and contribution to energy savings; (2) measure the energy requirement of individual dwellings and the rate of return of the total energy savings investment in a dwelling; and (3) account for interaction among energy savings measures.

Sets forth requirements concerning loan eligibility and repayment. Limits the total loan amount to a single homeowner to $10,000.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: National Home Energy Savings Revolving Fund Act

Latest action (Mar 18, 2009): Referred to the Subcommittee on Energy and Environment.

Policy area: Energy · Origin: House · Introduced: Mar 17, 2009

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.