118th Congress · SENATE BILLBILL

S. 34 — Facilitating the Reshoring of Energy Grid Component Manufacturing Act of 2023

“A bill to require the Secretary of Energy to establish a program to provide loans to manufacturers of energy grid products and components.”

Energy

Introduced Jan 24, 2023

Last action Jan 24, 2023

Pipeline · Bill → Law

Step 1

Introduced

Jan 24, 2023

Step 2

Referred

Jan 24, 2023

Energy and Natural Resources

Step 3

Committee

Step 4

Senate

Step 5

House floor

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

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.

Provisions · 2 sectionsIntroduced in Senate

Timeline · 2 actions

Jan 24, 2023

Introduced in Senate

Jan 24, 2023

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